Credit: Courtesy of the Wilson Collection
In 1919, Schwab built a sprawling $3,000,000 44-room mansion atop the hill where his mother's house had stood in Loretto, Pennsylvania. At an auction in 1942, Friends of St. Francis College, the only bidders, would buy the mansion and 240 of the original 940 acres for $32,500. Today, the mansion house remains part of Saint Francis, as the Mount Assisi Friary.
