Sanford Weill

Renaming of Adirondack college stirs emotional protests

Paul Smith's College already has the Joan Weill Adirondack Library and the Joan Weill Student Center thanks to the largesse of the wife of a Wall Street billionaire. Now, for just $20 million, she can have her name on the whole place.

The agreement to rechristen the tiny school in the mountains of northern New York as Joan Weill-Paul Smith's College has drawn the ire of alumni — "Smitties," as they call themselves — who say the deal sets a bad precedent for charitable giving.

"It shows a complete lack of integrity," said Scott van Laer, a forest ranger and 1993 graduate who filed a brief opposing the school's legal bid to go against the will of the...