THE UNIVERSITY FUND
This fund consists of money, securities, and real estate given.
bequeathed, or devised to the University, to be in vested and kept in- vested, the income alone to be used, either for the maintenance of the University generally, or for the maintenance of a specific depart- ment of it. In some instances the gifts or legacies have la•en desig-
nated hy specific names. ·
Name of JI'unds : SPECIAL FUNDS
President's Chair . . . , . . . , . . . . . . . $
Endowments 925 00 William C. and Ida F. Kenyon ProfP.ssorship of the
·· Latin Language and Literature . . . . George B. Rogers Professorship of lndustrin l Me- chanics . . . . Rhode Island Professorship of Mathematics .. , ... . William A. Rogers Professorship of Astronomy ... . '£he Mary E. Pitt Fund (Scientific Department) ... . lllartha B. Sunders Fund . . . : ... . James R. Irish Memorial Chair of Physical Culture .. . William Hern Willis and Nancy Whiting Willis Me- morial Fund . . . , . . . , ... . Stephen Babcock Professorship of Higher Mathematics General Education Board Fund . . . · .. . Loisanna T. Stanton F'und for the Promotion of Art
in Alfred UniversitJ' . . . . Freeborn W. Hamilton and Amanda P. Hamilton Li- brary Fund . . . , .... , .. . Horace B. Packer Professorship of English . . . . Ceramic Research Fund . . . .
COMMON FUNDS
10,300 00 15,000 00 10,000 00 500 00 1,000 00 1,050 00 3,100 00 1,700 00 40,681 00 100,000 00 3,300 00 1,000 00 3,000 00 100 00
$ 191,656 00 General Fund . . . . . . $ 25,468 28 21,127 00 6,940 50 1:,000 00 1.500 00 2,100 00 8,000 00 8,000 00 5,000 00 Peter ,vooden Fund . . . .
Centennial Fund . . . . Boothe Colwell Davis Fund . . . . Francis Asbury Palmer Fund . . . . H. Alice Fisher Fund . . . , ... . Orson C. Green Fund . . . . Armsbury General Endowment Fund . . . . Peter B. McLennan Memorial Fund . . . . Alfred Collins Fund . . . . John F. ancl Louise S. Langworthy Fund . . . . Raymond l\I. Howe Memorial Fund . . . . Hamilton General Endowment Fund . . . . i\Iary Grace Stillman Fund . . . . Loisanna T. Stanton General Endowment Fund ... . Elsie Hammond Richardson and William Brown Rich- ardson Fun cl . . . . Mary W. Allen IJ'und ... , , . . . , ... . Dr. Sherman E. Ayars Endowment Fund . . . . Georgianna LangworthJ· Fund . . . : ... . Vicla Applebee Kerr Memorial Fund . . . . Orville M. and Ida L. Rogers Memorial Fund (Rogers Memorial Home) . . . . Milton S. Clark Endowment Fund ... , . . . . Albert H. Langworthy Fund . . . . :.\far,· E. Maxon Fund . . . . l\I. Antoinette Burdick Pieters Memorial Fund ... . JiJliza Stearns Frisbey Endowment Fund . . . . Susan En1Pline Crandall Endowment Fund . . . . Amelia Potter Endowment Fund . . . .
200 00 1,600 00 1,050 00 300 00 500 00 15,865 00 32,000 00 1,400 00 2,000 00 1,000 00 10 00 7,500 00 1.000 00 1,000 00 500 00 1,800 00 1,000 00 1,858 10 5,000 00
$ 154,718 88 Total University Fund (Schedule 1) . . . $ 346,374 88
Schedule 4 THE UNIVERSITY FUND
How Invested
· Rea! Estate Mortgages
75 Alfred L. ))'raser and wife to Alfred
Principal Unpaid University . . . $ 2,700 00 B. and l\L, dated December 30,
1911 ; $2,700; 3 years; 6 per cent;
52 Gordon Street, Yonkers, New York; lot 25x100 ; frame building,- 21x35 ; 2 stories ; 2 families ; ap- praised, $4,700; insurance $7,000;
rental value $35 p<!r month.
Stephen Fecko, present owner.
85 Grace F. Evans to Alfred Univer-
sity . . . . • . . . . . . . . . . . 3,500 00 B. and M., dated August 17, 1915;
due October 1, 1918; $3,500; 6% ; Lots 1001-2, 50 feet front on Wicks Avenue, and 100 feet deep on Henry Street, Yonkers, N. Y.; frame build- ing, 28x33½ with front porch; 2 stories ; 1 family ; 7 rooms and bath; hot water and hot water heat; gas and electric light. Ap- praised, $6,000; Insurance, $6,000.
William Vycital and Aloisie Stolba, present owners.
85a Grace F. Evans to Alfred University 2,500 00 B. and l\L, dated May 8, 1925; due
October 1, 1928 ; $2,500 additional on same property as No. 85; 6%, 86 William l\I. Brady to Alfred Univer-
sity . . . . . . . . . .. 3,500 Oo B. and M., dated August 26, 1915,
due October 1, 1918 ; $3,500 ; 6 % ; East side of Lee Street, Yonkers, N.
Y. ; plot 50x100 ; frame building, 24x B5 with porch in front; 2 stories; 1 family; 7 rooms and bath; hot water and hot water heat; electric light, Appraised, $6,000. Insurance, $4,- 000. Frederick F. Weltzien, present owner.
91 William C. Berbert and Fredricka
Berbert to Alfred Unive~sity . . . . . , 5,000 00 B. and M., dated December 23, 1920;
due April 1, 1924, $f\,OOO; 6%;
House and lot 126 Arlington Avenue, Yonkers, N. Y. Lot 50xl00; frame building, stucco ; 25x30 with large front porch, 3 floors; 8 rooms and bath; steam heat, electric light; ap- praised $8,500; insurance $12,000.
William F. and Rita l\I. Keehan present owners.
82 ALFRED YEAR BOOK, 1933-34
91a L. W. Lloyd to ,Alfred UniversityB. and M., dated June 1, 1925 ;
$1,500 additional on same property as No. 91; 6%. William F. and Rita M. Keehan present owners, 92 Lester D. Burdick and Grace G. Bur-
dick to Alfred University .... , ...
B. and !II., dated April 24, 1921, dtie October 1, 1924, $1,600; 6%; 51¾ acres of land, Alfred, N. Y. (Form- erly Langworthy Real Estate) with barn and ice-house thereon. Insur- ance $1,000 on barn.
95 Grace 111. Gaut to Julia M. B. Am- bler, Herbert G. Whipple and Frank L. Morse as executors of the will of Henrietta V. P. Babcock ... . B. and !IL, dated August 5, 1919;
due July 1, 1922; $2,250; 6% ; Mortgage is a lien on Lot 11, "Map of Hudson View and Lincoln Ter- race ;" and adjoins Lot 7, upon which the University holds a mort- gage of $9,000; assessors' valuation for tax to be levied in 1923, on Lots 7 and 11, $7,000; and on Lots with improvements $19,250. Assigned to A. U. by the executors of the will of Henrietta V. P. Babcock. $1,450.00 March 26, 1934 Advanced
for taxes . . . . . . . 652.72
$2,102.72 98 George B. Tamraz to Stephen Bab-
cock and Henrietta V. P. Babcock J:l. and !IL, dated July 3, 1911; due ,July 5, 1914; $2,500; 6% ; 224 Vinerard Avenue, Yonkers, N. Y.
Assessed value $3,850; Insurance
$10,000. Assigned to A. U. by Trus- tees mrder the will of Henrietta V.
P. Babcock. John l\Iangan and Pat- rick Ginnane present owners.
104 John Qualey and wife to Stephen Babcock and Henrietta V. P. Bab- cock . . . , ... , , ... . B. and !II., dated February 8, 1912,
$2,100, and B. and M., dated June 13, 1913, $400; each due February 8, 1915 ; 6 o/o ; premises 76 Ra vine Avenue, Yonkers, N. Y. Assessed value $5,000; Insurance $3,500.
Assigned to A. U. by the Executors of the will of Henrietta V. P. Bab- cock.
105 Joseph and Ralph Saltarelli to Julia 111. B. Amber, Herbert G. Whipple and Frank I,, Morse as executors of the will of Henrietta V. P. Babcock B. and !IL, dated September 7, 1922;
due .July 1, 1924 ; $200 ; 6 o/o, vacant lot 27 West Roosevelt Street, Yon- kers, N. Y. Assessed value $500.
Assigned to A. U. by the Executors of the will of Henrietta V. P. Bab- cock.
1,500 00
1,275 00
2,102 72
2,500 00
2,500 00
200 00
109
110
111
112
113
115
116
118
Prudence Company . . . . Guaranteed First Mortgage Certifi- cate; Participation in the sum of
$3 000 in B and M, of 120 West 44th Street Corporation for $750,- 000 Premises South Side West 44th Street New York City; Interest 5 ½ % '; Certificate No. 2a, 162, Principal due July 1, 1934.
New York Title and Mortgage· Com-
&~i'~ant~e·d· 'Fir.si: 'l\,i:~;ti~ie. c~~tiii:
cate; due June 1, 1935; No. 48, Series N-25 ; 5 ½ % ; Property lo- cated in N. Y. City; Interest .April 1 and October 1.
New York Title and Mortgage Com- pany . . . . Guaranteed First Mortgage Certifi- cate; due June 1, 1935; No. 34, Series N-26; 5½ % ; Property lo- cated in New York City; Interest .April 1 and October 1.
New York Title and Mortgage Com- pany . . . . Guaranteed First Mortgage Certifi- cate; due January 1, 1934; No. 179 Series N-20; 5 ½ % ; Property lo- cated in New York City; Interest January 1, and July 1.
New York Title and Mortgage Com- pany . . . • . . . Guaranteed B. and M of John F.
Larkin ; Premises Linden .A venue, North Pelham, N. Y. ; Guarantee No. 12167 ; Title No. 95610; Prin- cipal .due June 16, 1927; interest June 1 and December 1. Extended to June 16, 19;33,
New York Title and Mortgage Com- pany . . . ', ... . Guaranteed First Mortgage Certifi- cate; due November 15, 1932; No.
101, Series N-9; 5 ½ % ; Premises in New York City; Interest May 1 and November 1.
New York Title and Mortgage Com- pany . . . . Guaranteed First Mortgage Certifi- cate due November 15, 1932; No.
107, Series N-9; 5½ % ; Premises in New York City. Interest May 1 and November 1.
New York Title and Mortgage Com- pany . . . . Guaranteed B and M of J. and P.
Construction Company ; Premises Brooklyn, New York; Guarantee No.
28360; Title No. 195782; Principal due August 29, 1927; Interest June 1 and December 1. Extended to Au- gust 29, 1933.
3,000 00
5,000 00
5,000 00
1,000 00
7,500 00
4,000 00
1,000 00
8,500 00
84