On May 28, 1924, the City of Providence received the sum of to be known as the "Dr. William H. Palmer Trust Fund” and to be expended for hospital purposes under the direction of the Board of Hospital Commissioners. This sum was bequeathed by Fannie to her daughter, Henrietta, to be held in trust and the interest therefrom to revert to her for life and then to revert to the City of Providence as a gift in memory of Dr. William H. Palmer, late husband of Fannie. Henrietta by deed transferred and assigned her life interest in said trust fund to the City of Providence as a part of said gift of her mother in memory of her father, and she authorized and directed the Rhode Island Hospital Trust Company, executor under the will of Fannie, to pay to the City of Providence the sum of , free and discharged from the trust created in her favor. The City Council under date of May 12, 1924, in accepting this gift extended to Henrietta the thanks of the City for assigning her life interest in said fund to the City of Providence, thus making the principal sum of immediately available for hospital work.
