The estate of the late Henry Farnam is estimated to be worth $4,000,000 or $5,000,000. It goes to the widow of the deceased and her four sons and one daughter. Upon her death and that of a son, Henry W. Farnam, who lives with her, the homestead in New Haven is willed in trust to Yale College, to be used as a residence by the president or one or more professors whom the president may designate. To maintain the house, that is, to pay insurance, taxes, etc., a plot of land adjourning the house, fronting 80 feet on Hillhouse avenue, and running 200 feet back to Whitney avenue, with a frontage on that street of 320 feet, is also wined to the college, with authority to sell it and devote the proceeds to the purpose intended. The house is a handsome one, in the most aristocratic part of the city, and the total value of the bequest is roughly estimated at $200,000, with the chances that, before the death of Mrs. Farnam and her son, the property will have largely increased in value. During his lifetime the late Mr. Farnam gave about $70,000 to Yale College, the most of it for a dormitory that bears his name.