What is FOUNDATION?

The founding or building of a college or hospital. The incorporationor endowment of a college or hospital is the foundation ; and he who endows it withland or other property is the founder. Dartmouth College v. Woodward, 4 Wheat. GG7,4 L. Ed. G29; Seagrave’s Appeal, 125 Pa. 3G2, 17 Atl. 412; Union Baptist Ass’n v. 11unn, 7 Tex. Civ. App. 249, 2G S. W. 755.

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