ALFRED YEAR BOOK, 1928-29

·;: 1916-l'l: :

Mary E. Bowler, Little Genesee ...

Charles>,l~e~ry.,G.ree_ne: (Howa!Jl A.

Greene benerlclary) ... . '':1917'18 ·

Henrietta ,

v.:

^{.p, ;} ·l:iabcocli <i'>r, Anne Langworthy ' Wi.tit!l bene-.

fi~iary) •.. , , ... ,., ·;'"··' ,. .. ,. ... · 1910:20

•L«:iisanna T. Stanton, .Alfr~d ••. : .

*John F. and Louise S. Langworthy Alfred

. • 1920;21

•Loisanna T. Stanton,. Alfred._ .•.•

Orra _{. .}

s.

Rogers, Plalnflern, ,:. , •...

, / ' . ' " . .

· · : · · · ·(1921-'22 ·

L. ,Adelle- -Rogers. Alfred,.· ....•...

Milton S. Clark, Andover,',, .••. .',"·

*Lolsanna T. Stanton, Alfred.· ••• , Joseph--If; Brown;· 'Wellsville:;_:,., •. ·.

Mary· H. Eaton, W.ellsvme;,

i.',:. · ·

Mary E. Carpenter, Alfred .• :,,,., Amelia M, Cottrell, Andover ....•

na·vld D. Randolph, Alfre~.'.,:.,

t:·:· ·

1922-23

Orra. s .. Rogers; Plainfield' .. ,.· .• .-,.:·.."

Katherine Anderson, Wellsville ...

Milton S, Clark; :Andover .... , •..

*Lojsa11na. T, Stanton, Alfred,· •...• "':·

*Em,i!y .A,· Weaver, . .J])lllli'ra, .,.;;,,,,,'./,'' 192~25

Helen A. Titsworth, Alfred:.-, • '. ;: .:;. :, 1925~26

Clarence Willis; Bath •.•..••.••

... i92,6:2'1 ·: ... , ,

Helen . A .. Titsworth; Alfred:.· .• :,· .... · :, Katherine Anderson, Wellsville ..

Horace B. Packer, :'Wellsboro. Pa.

Susan I;Towen .Ames, l'il; Y. City.;,"'' Lilli~. ~. ~ogers, ))I ew Lonqon, <::1>1111. · Kate M.

c.

Coa'ts;. Alfred ... . D. Sherman 'Burdick, Alfled

:•i',!,: ;

Susie M. Burdick, Alf

7

ect,.',{r'. ,'./,·

11)28,21)

Burdette B. Brown, . Yonkers •. , . .: ....

Carl A. Sutliff, Addison .:;;, ;·:;·, ;. , _ Minnie . A . . Davidson,

Newton;.

ville, Mass ... , ...•

1000 00 405 00

2000 00 :·.)

~--

',' -

1000 00 ' ' 1501 00

1

•

4ocJo' oo

. 1500 00 1000 00 200 00

·. 1:000 00

, ., 1'500 00 . 1000 00 500 00

I:;

100 00 700 00

("

100 00 1,000 00 2,000 00 (101000 00 r.10,000 00 10,000 00 ''2,500 00 ,2,?0Q 00

I 3,000 00 100 00 1,000 00

$'60,605 00

ENDOWMENT (Income ,Gift FUhd)

Schedule 8'

INCOME GIFT FUND How Invested Real Estate Mortgages 1:109 Charles R. Gardiner and. Nellie P.

Gardiner to Alfred· Univei·sity ... ·., 1,600 00 B. and M. date<! November 10, 1914; ·

Due October 1, 191.7 ; $1,600 ; fi per cent one family hous_e, .north side of Church Street; Alfred, l'I •. Y, .. l!:rame. building, 25x30 · 2 stories· 8 rooms an<l bath · Appraised $3,200:; Insurance '$11,00(1

1312 'l'itle Guarantee aml 'l'rust ·Co ... :- . 0,000 00 170 Broadway, New York City; Guar-

anteed First Mo1·tguge Certifkute; No.

2206'8; elate,! ,June 26th, 1922 ; Honll No. C-532 ; Guarantee No. 78084 l Guaranteed by Bond and Mortgage Guarantee Co.; Undivided share of

$6,000, with interest-at 5½%, in t'··"

Bond ancl Mortgage of Garment Center Realty Co., Inc. for $13,000,000, llat•!<l ,lune 20, 1922, due July 1, 1932 ; in- terest January 1· an<! July 1. Prop- erty located at ·7th .Ave., HHth,' :l7th.

an<! 38th Streets, Manhattan, ,N. Y.

1313 The Prudence Company, In,·... 1,100 oo Guaranteed First Mortgage CertifkntP.

due July 1, 1931 ; No. M 6H7 ; 5

½

o/o ; Participation in Bond and ~fortgag<' of the Metropolis -Country Clui.J, ltw.

Purchased ~June 22, 1023.

1314 New York Title :and Mortgage Com-·

pany . . . ; . . . liJO 011

Guaranteed First Mortgage C.ertifirate;

due July 7, 1930;·,;No. 53, Series N-3B;

~½

o/o; Interest January 1 and July 1.

1318 New Yori( Title and ·Mortgage Com-

pany • , ... , ... ·. . . . 500 00 Guaranteed First Mortgl\ge _Certificate ;

dated ·l\fay 9, 1923; due August 1, 1930 ; 5 ½ o/o ; Ko. 161, Series N-1.2 ; Interest February ,1· : and -August ;t.

(Transferred from University Fund No.

102).

1319 Jli'ew Yorlc Title and Mortgage Com-

·pany ... , ,.. .. . .. . . . . . ,5:500 00 Guaranteed .B. &· M., Artbur ,l. Morri-

son: Ounrantee No. 60366; flat.er) Dec- ember 10, 1926; dne September 3, 1929 ; 5 ½ o/o ; Interest March 1 and

;·September··. 1.

83

84

' ALFRED YEAR BOOK,. 1928-29 -

1320 New York Title and Mortgage _Com-

pany .. , ..•...••.... , •...••..•...

Uuaranteed B. & M., Walter H. Dor- land; Guarantee .. No. 60547; dated

· September 21, 1926; due-September 21, 1929; 5½%; Interest March 1, and September 1.

1321 New Yori, Title and Mortgage . Com- pany ...•...

Guaranteed B. & M., Herring Reality ·

& Development Co., Inc., Guarantee Ko. 60463; dated August 4, 1926; due August 4, 1929; 5½%; Interest pay- able February 1 and August 1.

1322 New Yori, Title and Mortgage Com- pany .• -.... , . , , . ; ...••.•..• , , ..••.

Uuaranteed First Mortgage Certificate;

dated May 25, 1927; due November 11, 1936 ; 5 ½ o/o ; No. 402, Series N-M ; Interest payable May 1 and November 1.

1323 New York Title and Mortgage Com- pany ... -... , . , Guaranteed First Mortgage Certificate;

No. 464, Series N-19, due Dec. 15, 1934;

Interest 5½ % ; June 1 and Dec, 1.

Premises in New York City.

8,000 00

7,500 00

100 00

5,000 00

1324 New York Title and Mortgage Com- pany ... , . , . Guaranteed First Mortgage.Certificate;·

No. 129, Series N-92; dated June 29, · 1929; Principal due Oct. 1, 1934; In- teres't .. 5 ½ %, April 1 and Oct, 1.

Premises in New York City.

1,190 00-$36;500 00

Real Estate Crandadl Hall . . . , .... ,. •••

Two story frame dwelling an.d large brick garage, situated. on West sid() of, . South Main Street, Alfred, K-. Y., known as the Crandall . Homestead but here- - after to be designated as "Crandall _ Hall." Deed of Kate· Marion Clarke Crandall Coats to Alfred University dated June 28, 1928, Given .tll Alfred University on the Income Gift Plan, . interest at 6% beginning July 1, 1928,

Bills Receivable · -

1400 E. A. Gamble... 150

oo·

Note, dated October 1, 1928, _repJacing,. ""

note of E. A. and C. H. Gamble to·. Mar;i' ,1, ,

W. Allen, 'dated May 1, 1915. - Inte.rest · 6%,

University Bank :

10,00'0 00

Certificate of Deposit . 1 49 50-$<199 50

ENDOWMENT (Income Gift Fund)

Corporate Bonds

Pennsylvania Railroad Company

i

General Mort- gage Gold Bonds; Kos. 42338,9, $1,000 each; interest 5%; Coupons payable December 1 and June 1, dated December 1, 1918 ; Due December 1, 1968 ; Pur-

chased at 86, $1,720, Commission $3... 1,723 00 Provlncn of Manitoba, Canada, 25 Year Gold

Coupon Debentures; No. ZZ 1379, $1,000;

· lntertist · 6 % ; Coupons payable Aprll 1 and October 1 ; Principal due October 1, 1946 ; Registered as to Principal. Pur~

chase price 99 '¾, •••••••.•••••.••• , ••• , 997 50 l\ew York Telephone Company, Refull(llng

Mortgage Twenty Year Gold Bon,ls;

Nos. 39375--6, $1,000 each ; inter.est 6% ; Coupons payable Ap'rll 1 and October 1 ; Principal due October 1, 1941 : Purchase price:

No, 39375 . . . . • . . . 970 00

No. 39376 ...•... , , . . . 990 00- 1,960 00 Northern l'aclflc Railway Company, Refund-

.Ing and Improvement Mortgage Bonds ; Kos, D252-3-4. $500 each; lntere~t 6% ; coupons payable January 1 and July 1 ; Principal due July 1.

2047; Registered. as · to Principal;

Purchase price 96½ ... , ... ,.. 1,447

r.o

(Transferred from University Fund) Government of the Argentine Nation; 6% ;

No. M 26044, $1,000; dated October .1, 1925 ; due October 1, 1959 ; . coupons

payable April 1 and Oc'tober .1. . . . · 1,000 00 Chicago, Milwaukee, Saint Paul and Pacific

Railroad Company, Adjustment Mort- gage Bonds; 5%; Nos. M 31910 and M 41814, $1,000 each ; dated as of Feb⁰ ruary 2, 1925 ; Principal due February 1, 1975 ; Coupons payable February 1 and August 1. Accepted fo.r .. same amount par value· of bopds of Chicago, Milwaukee and Saint Paul Rai!Na\1 Company in adjustm~nt following bankruptcy. Cost of bonds orlginaIJy

purchased ...•... , . , , , 1,777 50 Argentine Repubitc-Province of Santa Fe ; ·

7%; Nos. M3759, M8245, M8281,

$1,000 each; Public Creqit ]jlxt~r.nal Sinking Fund (3% Annual Cumula- tive) Gold Bonds. Principal due Sept.

1, 1942; Coupons payable Mar. 1, and Sept. 1. Contributed by , Burdette B.

85

·Brown on the Income ,Qin. Plo,n, , ,. , . · 3,000 00-$11,905 50 Corporate Stock

First Trust Company, Wellsville ...••....

Sixteen shares of the Capital Stock ..

of the First Trust Company, at $125 per sbarn; par value· $100; Cl!rtiflcate·

Ko. 394, dated November 29, 1921.

Total Income Gift Fund •...•....

2,000 00

$60,605 00

86 : ALFRED YEAR BOOK, 1928;29 .

. · · Schedule 9.

ADDITIONS TO ENDOWMENT

l

The University Fund Special D'unds·:

Freeborn W. Hamilton and Amanda P. Hamilton Library Fund : Cash . . . $ 50 00

Transferred from

Scholarship Fund 500 00~$ 550 00 William Bliss Maxson Memorial

D'und for the 'l'heological Li·

brary . . . . . . . . 200 00 ('l'ransferred ·from Scholarship Fund) Horace B. Packer Professorship of

English . . . , , . . 1;500 00 Ceramic Research Fund . . . 100 00 Stephen Babcock Professorship of

Higher Mathematics :

Profit on i;ltock sold . , , , ... , . . . 1,350 36-$ ·3,700 ·3·6 Common J!'unds:

General Fund :

Horner D. Main Bequest ... , ...

Profit on Bonds· sold ...•...

Loisanna T. Stanton General En·

dowment Fund , ... , .... . Elsie Hammond Richardson and William Brower Richardson Fund ... , , ... , , , . , . •

25 00 1,252 25 14,500 00 2,000 00-

The Scholarship Fund Scholarships :

·Chester Paden Lyon , , .. , , . . . $ 15 00 200 00 1,500 00 1,000 00 50 00

·25 00 14 55 25 00 Dr. Leman W. Potter ... .

Edgar II. Cottrell . . . , ..

Eugene B. and Angie Cobb Tullar ..

Lester · C .. Rogers ... , ... , . Little Genesee Church , , .. , .. , .. · · Nathan V. Hull . . . . Shiloh Seventh Day 'Baptist Church Shirley E. and Anna McConnell Brown . . . , . , , .... ,

· Special Funds :

··Jumph· ·Injury Fund .. ; •...

200 00

$ 3,029 55 100 30- The Income Gif~ Fund Burdette B. Brown .. , ... , , , ... ,

Carl A. Sutliff . . . .

3,ooo ·oo.

100 00

17,777 25

$ ,21,477. 61

3,129 85

Minnie A. Davidson , , ... , ... . 1,000

oo-

4;100

on

Total additions .. and transfers •$ 28,707 4Cl

ENDOWMENT (Net

Increase)_

DECREASE OF ENDOWMENT

",_Tile Sch?larship Fund_.

Unnamed Scholarship Fund:

Transfers to' designated scholar-

ships , .... , , , , , ... , , .. , , . , $ , 3,029 55

Jumpn Injury Fund : _

Loss on Bond-New England Oil

· ··:.Refining Company . , .. , , ,,. . . 98

oo-

Transfers to University Fund :

Freeborn W. ·Hamilton and Amanda P. Hamilton Library. Fund .. , William Bliss Maxson · 111:emorial

500 00

87

Fund · for the Theologi~al

Library - , , , , ... , . , , .. , ... , . , 200 00-'- 3,827 55 Net Increa~e of Endowment

~

.... . $ 24,879 91

r_(: ,-.1

1:··:

88 ALFRED' YEAR BOOK, rn2s:29

Schedule .10

INVE'.STMEN'i-' ACCOUNT (Showing Changes In Investments)

. . , ··1

Debit Cash awaiting investment July .1,. 1928.

Real Estate l\Iortgages Collected : No. 92 Lester D. Burdick ... . No. 99 Giovanni Yannantuono .. . No. 119 First Alfred Sorority ... .

•. No. 122 N .. Y. Title and Mortgage Co. ·. ·· ' - · · · - · No. 134

sii~~. ci1i. Nti ·s~~drii:v

^{O: :}

J No. 729 .'.Allentown Lodge, .No. 46 I. 0. 0. F . . . . No. 768 J. C. Hunter . . . . No. 777 N. Y. Title and Mortgage

Co . . . • . . . Corporate Bonds Collected :

City and County of San Francisco New England Oil Refining Co. . ...

Illinois Central Equipment Trust ..

Baltimore and Ohio Railroad Co ...

Baltimore and Ohio, Lake Erie and West Virginia Railroad· Co. . .

$ 30 00 2,200 00 200 00 5,500 00 100 00 100 00 800 00 7,750 00-

11 46 200 00 1,000 00 4,332 50 870 75

$ 23,292 61

16,680 00

Canadian Northern Railway Co .... 2,895 00- 9,309 71 Corporate Stocks Collected :

United States Steel Corporation Bills Receivable Collected :

Certificate of Deposit :

University ·Bank, Alfred ...

First National Bank, Plainfield Theta Theta Chi So.rority, account note ... · . . . . Temporary Loans Collected :

Revenue Account . . . . Securities Transferred :

To Scholarship Fund :

No. 117 N. Y. Title and Mortgage Co. • . . . . No. 120 N. Y. Title and Mortgage Co. . . . . No. 128 N. Y. Title and l\Iortgage Co. . . . . Mortgage' on Ferguson Real Estate, assumed •...•...

Additions to Endowment '(Net) Sched·

ule 8 . . . • • Total

4,500 00 8,000 00 225 00-

8,000 00 2,500 00

·s·,ooo oo-

7,953 00

12,725 00 15,000 00

18,500 00 4,000 00 24,879 91

$ 132,340 23

INVESTMENT ACCOUNT