Page 7 - 2019 Spring Newsletter
P. 7

Mary Couts Burnett, circa 1876                                      Mary Couts Burnett Library, 1925

        One story has it that Burk Burnett swore none of his money   There was one stipulation of the bequest, that $150,000 be
        would ever go to a religious concern nor to an institution of   immediately allocated to the university for construction of a
        higher learning. The story continues that it was knowledge   new building. Then-President, E. M. Waits, proposed a new
        of this that led Mary Couts Burnett, left without heirs, to   library building to be named the Mary Couts Burnett Library.
        make this bequest. The choice of TCU as the recipient of her
        estate was purportedly guided by her physician, Dr. Harris              Scholarship Provided
        (who later founded Harris Hospital and whose Harris College   Mrs. Burnett specified in declaration that all money derived
        of Nursing joined TCU in 1942), and perhaps could be a
        recollection of her father’s support of AddRan College.  by the university under her gift shall be used for the support
                                                                of professorships at the school during her lifetime. After her
        According to the December 12, 1923 issue of the Fort Worth   death, when the full income will go to the school, the money
        Star-Telegram, Mrs. Burnett’s gift was prompted by her desire   is to be used for paying salaries and for scholarships to
        to help the boys and girls of the land and her belief that the   worthy students. This clause, however, didn’t conflict with the
        best way to help people is to educate them.             $150,000 cash gift for the library building.

        Mrs. C.R. Bardin, secretary to Mrs. Burnett, said Mrs. Burnett   Mrs. Burnett made a wise and sound distribution of her
        had been contemplating the gift she made to Texas Christian   fortune. She realized marble and granite will crumble, but
        University since the death of her son in 1916. It had been her   a college, properly endowed will live in the undying youth
        purpose to help build a great educational institution so the   of Texas and preserve the work of its benefactor. She has
        youth of Texas would have the best advantage to be found   excelled in that her ambition was to serve all the youths of
        anywhere and where the youth of other states, especially   Fort Worth and Texas – rich and poor and of whatever creed.
        from the far sections of the Nation, could come to find a real   Mary Couts Burnett died in December 1924, shortly before
        center of culture and become acquainted with the ideals and
        purposes of the people of the South.                    the opening of the new library, but did see her nearly
                                                                completed namesake before her death.
                      $150,000 Cash For Library
                                                                         Dr. Waits Expresses TCU’s Gratitude
        Under the terms of the gift, one-fourth of the net income   “As the president of Texas Christian University, I desire to
        from the estate would go to TCU each year during the life of   state through the Star-Telegram a public acknowledgment
        Mary Couts Burnett, the remaining three-fourths going to the   of the thanks and deep gratitude to Mrs. Mary C. Burnett,
        donor. Upon the death of Mrs. Burnett, the entire income will   and extend to the City of Fort Worth and to all of Texas
        go to the university and 20 years after the death of the last   congratulations that Mrs. Burnett saw fit in her wisdom to
        surviving trustee, the university will receive the corpus of the
        estate.                                                 make this investment.”
        Spring 2019                                                                                               7
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