Fonds RC0113 - Friends of McMaster fonds

Friends of McMaster was incorporated in New York state on March 4, 1953, and formally organized into an incorporation on November 19, 1955. The object of the organization was: “To solicit and collect funds and contributions and to receive by gift, deed, legacy, bequest or devise, and otherwise to acquire money an property of every kind and description, and to administer the same, both as to principal and income exclusively towards the charitable, scientific, educational, literary and/or religious activities carried on by McMaster University, including, but without limiting the generality of the foregoing, the specific provision of scholarships to enable students from the United States of America to enter McMaster University, and to enable Canadian students to undertake post-graduate studies in the United States, and to expend, use, or otherwise dispose of such principal and income for the furtherance of the above-mentioned charitable, scientific, educational, literary and/or religious activities of McMaster University in such fashion as that body may prescribe and determine.”
The organization was originally headed by Dr. Wallace P. Cohoe of the Bank of Nova Scotia, New York. Directors were elected by and from among the New York district of McMaster Alumni. Other presidents include W. Alec Jordan and Gordon W. McKinley. Dr. Harry Lyman Hooker was a prominent benefactor to the Friends of McMaster. The organization mainly held their accounts at C.I.B.C. and Chemical Bank, both in New York.