Jonas G. Clark, one of the wealthiest men in central Massachusetts, has signified his intention to found and endow a university in this city, which ambitious scheme shall not fall behind Yale or Harvard. It has been hinted about town for several weeks that Mr. Clark had in contemplation some great gift for the city, but the public did not learn what it really is until to-day, when a petition was filed in the legislature, asking for a special act of incorporation for the Clark University. This petition asks for an act of incorporation establishing at Worcester an institution for the promotion and encouragement of learning, in all its higher branches, with the power to receive and hold real and personal estate, the use and income of which is to be devoted wholly to the purposes of said institution; and to hold, enjoy and exercise all the privileges, immunities, rights and powers, including that of conferring degrees, held, enjoyed and exercised by universities and colleges of this Commonwealth. The petition asks that the institution may be known by the name of Clark University This is in recognition of the munificence of its originator and founder, as shown by an endowment of $1,000,000 and probably more, should the community exhibit substantial evidence of its sympathy, encouragement and support.

Mr. Clark has already selected the site for the new university, and has decided in a general way, about the plan of the buildings. The lot selected is a square of about eight acres, at the South End, about 11-4 miles from city Hall. It is bounded by May, Maywood, Woodland and Downing streets. The design is to have the principal building, about 500 feet long, at the rear of the lot, near Woodland street, leaving room for a campus gently sloping toward Main street. - Boston Daily Advertiser.