President [Lorenzo] Snow was at the office, President [Joseph F.] Smith also. President Snow authorized the surrender to Elder Heber J. Grant of an I.O.U. given by him in 1893 for $2,000. as a donation for the Salt Lake Temple. At that time special donations were called for the purpose of completing the Temple. Elder Grant donated $3,000. for himself and family; and the year after paid $1,000 of that amount but soon after the financial panic came and he lost all the means he had and was left greatly in debt. On the 16th of March last he paid another $500. on his note and then President Snow voluntarily told Elder Grant that as his circumstances were not in the best shape he would surrender the I.O.U.
President Canute Peterson of Sanpete [Utah] wrote some little time ago to the effect that the board of trustees of the Sanpete Stake Academy intended to change the name of their school with a view of doing away with the idea that the patronage of the school is supposed to be confined to Sanpete county or Stake, and in the hope of getting leading men of other stakes interested in it. He stated that the board would like the permission of naming the school The Lorenzo Snow Academy. President Snow took the matter under advisement feeling disinclined to have his name used at all, but on the urgent request of other brethren to day had the following written to President Peterson: In answer to yours asking President Snow's permission that your Academy be called after his name, namely 'The Lorenzo Snow Academy,' I am directed to say that while the President does not like to decline the honor you thus desire to confer upon him, he does not feel that he can permit his name, as suggested, to be given to it, but is willing that it be called 'The Snow Academy,' and thus divide the honor between his deceased friend and brother, Erastus, and himself and hopes this will meet your mind and that of your board, Yours &c, George F. Gibbs, Sec[retar]y.
[Journal History, as quoted in Minutes of the Apostles of The Church of Jesus Christ of Latter-day Saints, 1835-1951, Electronic Edition, 2015]