This Day in the History of the
University of North Carolina at Chapel Hill

Standard Oil Trust executive and Florida developer Henry M. Flagler died. His widow, Mary Kenan Flagler (later Bingham), would later leave a substantial endowment for the University, the Kenan Professorship Fund.

The details of Standard Oil Trust executive and Florida developer Henry M. Flagler's will were made public. Using portions of Flagler's estate, his widow, Mary Kenan Flagler (later Bingham), would eventually leave a substantial endowment to the University, the Kenan Professorship Fund.

Governor Locke Craig delivered the main address at the dedication of the Civil War monument in McCorkle Place. Given by the North Carolina Division of the United Daughters of the Confederacy, the statue was erected as a memorial to the 321 alumni of the University who died in the war and all students who joined the Confederate Army. The statue is now known to students and alumni as "Silent Sam."

Exhausted by the demands of the presidency, Francis Preston Venable requested a leave of absence, and the Board of Trustees approved his request on this date. Venable would later resign after thirteen years as president.