BOARD OF TRUSTEES OF THE SEVENTH-DAY BAPTIST MEMORIAL FUND

(New J e r s e y Corporation)

T R U S T E E S E L E C T E D B Y T H E S E V E N T H - D A Y B A P T I S T G E N E R A L C O N F E R E N C E H e n r y M . M a x s o n i n p l a c e o f

* C h a r l e s P o t t e r , ( D i e d 1899) J o s e p h A . H u b b a r d ,

D a v i d E . T i t s w o r t h , J . F r a n k H u b b a r d , J o s e p h M . T i t s w o r t h , J . D e n n i s o n S p i c e r , W i l l i a m M . S t i l l m a n , H e n r y V . D u n h a m , C l a r k e T . R o g e r s ,

T R U S T E E S E X - O F F I C I O

19OO

Plainfield Plainfield P l a i n f i e l d P l a i n f i e l d P l a i n f i e l d P l a i n f i e l d P l a i n f i e l d P l a i n f i e l d D u n e l l e n D u n e l l e n

J . D e n n i s o n S p i c e r , T r e a s u r e r o f A m e r i c a n S a b b a t h T r a c t S o c i e t y W i l l i a m H . C r a n d a l l , " A l f r e d U n i v e r s i t y A l b e r t W h i t f o r d ,

G e o r g e H . U t t e r ,

P R E S I D E N T , V I C E - P R E S I D E N T , T R E A S U R E R , S E C R E T A R Y ,

1 1 M i l t o n C o l l e g e

1 1 T h e S e v e n t h - d a y B a p t i s t M i s s i o n a r y S o c i e t y

O F F I C E R S

J . F r a n k H u b b a r d J o s e p h M . T i t s w o r t h J o s e p h A . H u b b a r d D a v i d E . T i t s w o r t h

F U N D S H E L D I N T R U S T F O R T H E B E N E F I T O F A L F R E D U N I V E R S I T Y ( A b s t r a c t o f R e p o r t , J u l y 1 , 1899, t o Julv J» I9 ° ° )

1 . P L A I N F I E L D P R O F E S S O R S H I P O F D O C T R I N A L T H E O L O G Y .

M o r t g a g e s $3,500 00

B o n d s 1,85000 B a n k stock 1,000 00

R e a l E s t a t e , 2 h o u s e s a n d lots, P l a i n f i e l d , N . J . . 3,800 00

D e p o s i t e d i n D i m e S a v i n g s I n s t i t u t i o n 867 0 1 — $ 1 1 , 0 1 7 O T

2 . B A B C O C K P R O F E S S O R S H I P O F P H Y S I C S .

M o r t g a g e s 8,900 c o B o n d s 1,088 50 B a n k s t o c k '. 6,05000 R e a l e s t a t e , Plainfield, N . J 3 ,2 8 8 72

D e p o s i t e d i n D i m e S a v i n g s I n s t i t u t i o n 1,157 9 3 - ^ , 4 8 5 1 5

A p p e n d i x B 5 5

* T H E S E E N D O W M E N T F U N D S were provided for [in t h e will o f t h e late G E O R G E H . B A B C O C K , o f Plainfield, N . J . , S e c t i o n " T w e n t y - f o u r , S u b d i - visions seventh, eighth and ninth, as follows:

S E C T I O N T W E N T Y - F O U R T H . O u t o f t h e residue a n d r e m a i n d e r o f my estate, real and personal, I give, devise a n d bequeath t o the " B O A R D O F T R U S T E E S O F T H E S E V E N T H - D A Y B A P T I S T M E M O R I A L F U N D , "

a duly incorporated body, located in the C i t y of Plainfield, N. J . , and its successors, forever, the sum of t w o hundred thousand dollars in cash, or in such property owned by me after the a b o v e bequests have been provided for, as they may elect to take at their appraised value, the s a m e to be by them invested and kept invested, and the net i n c o m e therefrom to be used as follows:

Seventh : If there be sufficient i n c o m e from the fund, I do order and direct that a sum not exceeding the i n c o m e upon ten thousand dollars shall be paid by them as occasion m a y offer for the

purpose of aiding young people {male or female) in preparing for

the Gospel Ministry in the Seventh-day Baptist Denomination.

Eighth : I do order and direct that t h e i n c o m e received from twenty thousand dollars shall be paid t o t h e T R U S T E E S O F A L F R E D

U N I V E R S I T Y , t o b e k n o w n as t h e " E . L U A B A B C O C K F U N D , " t h e s a m e to be applied by said trustees in k e e p i n g the grounds in good order and repair and for the purpose of inculcating ideas and h a b i t s of order and n e a t n e s s a m o n g the students.

Ninth : I do order a n d direct that t h e i n c o m e received from fifty t h o u s a n d dollars shall b e paid t o t h e T R U S T E E S O F A L F R E D U N I - V E R S I T Y t o b e used by them for such purposes as they shall deem best.

3 . W I L L I A M B . M A X S O N P R O F E S S O R S H I P O F G R E E K L A N G U A G E A N D L I T E R A T U R E .

M o r t g a g e s 4,000 00

B o n d s 3.500I00 R e a l estate, K a n s a s 2,500 00 - 10,000 00

4 . P R O F E S S O R S H I P O F C H U R C H H I S T O R Y A N D H O M I L E T I C S .

M o r t g a g e s .. 6,650 00

C a s h 1 5 0 0 — 6,66500 ( I n c o m e invested in bond and m o r t g a g e 903 00)

5 . P R O F E S S O R S H I P O F P A S T O R A L T H E O L O G Y .

M o r t g a g e 5 ° c o 6 . A L F R E D U N I V E R S I T Y .

Deposited in D i m e S a v i n g s I n s t i t u t i o n 212 50 7 . C H A R L E S P O T T E R P R O F E S S O R S H I P O F H I S T O R Y

A N D P O L I T I C A L S C I E N C E .

M o r t g a g e s 17,65000 B o n d s 7,50000 B a n k stock 2,149 c o

N o t e s 1,50000 Deposited in D i m e S a v i n g s I n s t i t u t i o n . 82 44— 28,881 44

8. * G E O R G E H . B A B C O C K F U N D 5 ° > 3 °2 54 9. * E . L U A B A B C O C K F U N D 20,121 02

T O T A L $i47i73466

5 6 A p p e n d i x B T h e s e funds are invested as follows:

M o r t g a g e s $19,40000 B o n d s 9,00000 C a p i t a l S t o c k , of the B a b c o c k & W i l c o x C o . L t d . 122,500 00

B a n k stock 10,701 00 R e a l E s t a t e , viz.:

T w o vacant lots, L o c k Arbor, N. J. $5,000 00 H o u s e and 6 acres of land, J a c k s o n v i l l e , F l a . 2,500 00

H o u s e s and lots, Plainfield, N. J 3 1 , 9 1 3 94— 39 4T3 94 Deposited in D i m e S a v i n g s Institution 195 24

$201,21Q 18 F U N D S H E L D I N T R U S T F O R T H E B E N E F I T O F E D U C A T I O N A L I N S T I T U T I O N S 10. * G E O R G E H . B A B C O C K F U N D F O R Y O U N G

P E O P L E P R E P A R I N G F O R T H E G O S P E L

M I N I S T R Y $10,06051 1 1 . B I - C E N T E N N I A L E D U C A T I O N F U N D .

M o r t g a g e s $ 3,250 00

B o n d s 2,60000 Deposited in D i m e S a v i n g s Institution 613 98— 6,463 98

I N C O M E P A I D T O A L F R E D U N I V E R S I T Y D U R I N G T E N Y E A R S

Y e a r 1 2 3 4 5 6

1891 410 49 1,338 30 490 00 850 00 6 00 12 00 92 426 71 1,092 00 463 16 307 00 17 25 12 00 93 5 1 3 8 7 1,241 50 405 00 225 00 6 00 12 00 94 413 08 926 00 466 17 100 00 6 00

95 405 58 1,018 60 749 71 700 00 12 00 96 5 i 3 95 1,116 80 630 00 651 06 24 00 97 367 25 2,134 05 417 66 225 00 12 00 98 272 81 1,071 84 53 9 ° 535 68 5 4i 14 85 99 429 98 270 59 335 06 482 52 2 90 11 77 1900 416 81 1,570 02 332 69 411 72 1 23 6 6 3 4,170 53 1 1 , 7 7 9 70 4,343 35 4,487 98 44 79 117 25

7 8 9 10 11

1891 1,00© 00 92 1,000 00 93 1,000 00 94 1,000 00 95 1,000 00 96 1,000 00

97 292 02 4,000 00 1,600 00 200 00

98 468 90 2,899 95 1,159 98 193 33 61 24 99 952 23 4,228 30 1,691 32 200 00 100 0©

1900 1,257 22 3,786 73 1,514 69 461 00 60 81 8 970 37 14,914 98 5,965 99 1,054 33 222 05

H O N . I S A A C B . B R O W N , L L . D . , '69 President of A l u m n i Association, 1899-1900

A p p e n d i x C

57

A L U M N I A S S O C I A T I O N O F A L F R E D U N I V E R S I T Y

(New Y o r k Corporation.)

T h i s S o c i e t y includes all graduates of the University, all per- sons who have received degrees from it, m e m b e r s of the F a c u l t y , and former students who have been in attendance for one year or more. T h e annual fee is one dollar.

T h e o b j e c t s of the Society are to foster fraternal intercourse and sympathy, and the interest of its m e m b e r s in their A l m a Mater, as well as to promote the welfare of Alfred University.

At the time of its organization in 1886, the Society established a perpetual fund for the benefit of the University, giving it the n a m e of t h e K E N Y O N - A L L E N E N D O W M E N T F U N D . T h i s fund now amounts to upwards of $10,000. T h e Society h a s . a d o p t e d a form of pledge to pay, for the benefit of the fund, one dollar a month for five years; and a considerable amount has already been secured in this manner. Pledges or contributions in cash are solicited, and will be duly acknowledged and added to the fund T h e income of the fund is used, in part to defray the expenses incident to a course of lectures annually before the University, and in part to assist in the payment of the salary of the President.

T h e Society is represented on the B o a r d of T r u s t e e s of the University by nine trustees, three of whom are elected each year for a term of three years.

T h e Annual Meeting of the Society is held on W e d n e s d a y of C o m m e n c e m e n t W e e k , the whole day being given over to the Society.

I N C R E A S E I N E N D O W M E N T

June 21, 1898, the K e n y o n - A l l e n E n d o w m e n t F u n d amounted to

$7,152.59. Hon. Nathaniel Mead Hubbard, of Cedar R a p i d s , Iowa, early in the year 1899, submitted a proposition to contribute

$2,000 to the fund, provided the other Alumni w^tould first raise it to

$8,000. At C o m m e n c e m e n t of that year the condition had been complied with, and J u d g e H u b b a r d shortly afterward redeemed his pledge. T h e T r e a s u r e r of the Alumni Association reported, under date of J u n e 18, 1900, that the fund then amounted to $10,108.59.

5 8

A p p e n d i x C

J u d g e H u b b a r d graduated in the class of '52. He is a lawyer by profession. He served in the Union army for three years, during the W a r of the Rebellion, attaining successively the ranks of Captain and Major. B e f o r e 1867, he held the offices of District Attorney and District J u d g e . F o r about thirty vears he has been general attorney for the C h i c a g o and Northwestern Railway Company. He has prepared and delivered many addresses on a variety of topics, and is well known as a public speaker of marked ability, F o r many years he has been a trustee of the University. Largely through his efforts the Alumni Association undertook the work of raising this fund, to which he contributed the sum of $1,000 as a nucleus. His latest contribution of $2,000 demonstrates his unflagging interest in the fund, and his zeal for the welfare of the institution. His learning his patriotism, and his public services won for him the degree of

D O C T O R O F P H I L O S O P H Y , in 1886; and in 1899 the University

bestowed upon him the well merited title of D O C T O R O F L A W S .

S U B S C R I P T I O N S

T h e names of graduates of the University are followed by the year of graduation; the names of students who have not graduated by the year of matriculation in parenthesis.

Hon. Nathaniel M. H u b b a r d , L L . D . , ' 5 4 , Cedar Rapids, la., $2,000 00 Hon. Milo M. Acker, (76-77) Hornellsville, 40 00 M a r y R o g e r s Bliven, E. L . , '63, 2 00 Hon. I s a a c B Brown, L L . D., '69, Harrisburg, Pa., 100 00 Hon. W a l l a c e W . B r o w n , L L . D., ' 6 1 , W a s h i n g t o n , D . C , 1 0 0 0 Cash 3 00 R e v . J. B e n n e t t Clarke, Alfred, 5 00 H o n . J o h n B. Cassoday, Ph. D., '55, Madison, W i s . , 50 00 J a m e s A. Champlin, Alfred, 10 00 Marcus L. Clawson, Ph. B . , M. D., '90, Plainfield, N. J . , 10 00 E u g e n e N. Cooper, Perry, 5 00

R e v . I r a L e e Cottrell,A.M., B . D . / 7 7 , Hornellsville, 5 0 0 William H. Crandall, ( ' 6 2 - 6 3 ) Alfred, 5 00

J a y W. Crofoot, Ph. B . , '95, Shanghai, China, 1 00 M o r t i m e r F. Elliott, ('56-'57) New Y o r k City, 50 00 M r s . H. Alice Fisher. Northboro, Mass., 22 00 R e v . T h e o d o r e L . Gardiner, A . M.,

D. D., '74, President of Salem College, 10 00

F r e e b o r n W. Hamilton, Alfred Station, 5 00

M. Elizabeth Harrington, Ph. B. '88, Cameron Mills, 1 00

K a t e E. Hogan, (yi-'j2) Hornellsville, 2 00

A p p e n d i x C 5 9

Ira J o n e s , Alfred, 5 oo Daniel Lewis, Ph. D., M. D., '69, New Y o r k City, 20 00 Achie Vaughn Lewis, A. M., '69, New Y o r k City, to 00 E t h a n Lanphear, ( ' 3 7 - 3 8 ) Plainfield, N . J , 5 0 0 0 Hon. Lucius N. Manley, ( ' 6 2 - 6 3 ) L o n g Island City, 10 00 Harry L. Maxson, Ph. B . , '90, New Y o r k City, 10 00 Hon. Stephen G. Nye, A. M., '55, Oakland, Cal., 50 00 Charies Potter, Plainfield, N. J . , 224 00 Lillis Stillman Rogers, Ph. B , '84, New London, Ct., 50 00 E m i l y F. Randolph, A. L , '60, Nortonville, Kan., 5 00 C. Isabelle W i t t e r Saunders, ( ' 7 4 - ' 7 5 ) Niantic, R. I., 1 00 Henry P. Saunders, M. D , Alfred, 10 00 V a r n u m J . Saunders, A . B . , '98, Berlin, 5

^{0 0}

T h o m a s B . Stillman, ('65-'66) M . S . , P h . D .

Professor in Stevens Institute 100 00 Alfred A . Titsworth, ( ' 6 9 - 7 0 ) C . E . , M . S .

Professor in R u t g e r s College, 50 00 J o s e p h M. Titsworth, ( ' 6 5 - 6 6 ) Plainfield, N. J . , 10 00 Lizzie L. W e s t Whitford, ('84-'85) Alfred, 5 o°

M r s . A b b i e K . E d w a r d s J^7/7<?r,E.L.,'52Niantic, R . I., 5

^{c o}

T o t a l $2,95600

H o n . P r o f . Prof.

H o n . H o n . Prof.

H o n . Prin.

H o n .

B O A R D O F D I R E C T O R S

W e s t o n F l i n t , Ph. D . , L L . D . , '58, President, W a s h i n g t o n , D . C . Alpheus B. K e n y o n , S. M , '74, V i c e - P r e s i d e n t , Alfred.

W i l l i a m C. W h i t f o r d , A. M., S e c r e t a r y , Alfred.

E l w o o d E . H a m i l t o n , P h . B . , '84, T r e a s u r e r , Alfred.

I s a a c B . B r o w n , L L . D . , '69,

Milo M. Acker, ('76-77)

E d w a r d M. T o m l i n s o n , A. M., W i l l i a m H . Crandall, E s q . , ('62-'63) N a t h a n i e l M . H u b b a r d , P h . D . , L L . E a r l P. S a u n d e r s , A. M., '8o, T h e o d o r e S. H u b b a r d , Ph. M., '64, D . S h e r m a n Burdick, P h . B . , '82, D a n i e l L e w i s , Ph. D . , M. D , '69,

H a r r i s b u r g , P a . Hornellsville.

Alfred.

Alfred.

D . , '52, C e d a r R a p i d s , I o w a . Alfred.

G e n e v a . Alfred.

New Y o r k C i t y . E X E C U T I V E C O M M I T T E E

Officers, Ex-Officio, and Messrs. £ . M . T o m l i n s o n , W . H . Crandall, and E . P . Saunders.

E N D O W M E N T F U N D C O M M I T T E E

Officers, Ex-Officio, and Messrs. W . H . C r a n d a l l , S e y m o u r D e x t e r , J . M . T i t s w o r t h , Mrs. W . C . Burdick, and N . M . Hubbard.

L E C T U R E C O M M I T T E E

Messrs. Corliss F . R a n d o l p h , D a n i e l L e w i s , A . B . K e n y a n . L I B R A R Y D I R E C T O R

Herbert G . W h i p p l e .

60

U N I V E R S I T Y T R U S T E E S R E P R E S E N T I N G A L U M N I

T e r m expires

H o n . Albert B. Cottrell* [59-60] Alfred. 1901 R e v . O s c a r U . W h i t f o r d , A . M., D . D . , '63, W e s t e r l y , R . I .

Prin. Corliss F . R a n d o l p h , A . M . '88, Plainfield, N . J .

H o n . Nathaniel M . Hubbard, Ph. D . , L L . D . , ' 5 2 , Cedar R a p i d s , Iowa. 1902 C h a s . C l a r e n c e C h i p m a n , Acct. B . , '86, New Y o r k City.

H o n . J o h n N . Davidson, E . M., '54, W i s c o y .

H o n . Daniel L e w i s , A. M., Ph. D . , M. D . , '69, New Y o r k City. 1903 H o n . S e y m o u r D e x t e r . A. JVL, P h . D . , '64, E l m i r a .

J o h n J . Merrill, P h . B . , '84, Alfred.

C A N D I D A T E S F O R T H E B O A R D O F T R U S T E E S O F T H E U N I V E R S I T Y

F O R T H E T E R M B E G I N N I N G I N J U N E , 1901.

Prin. Corliss F . R a n d o l p h , A . M., '88, Newark, N . J . R e v . O s c a r U W h i t f o r d , A. M., D. D . , '63, W e s t e r l y , R. I.

O r a S . R o g e r s , B . S . , '94. Plainfield, N . J . D. S h e r m a n Burdick, Pn B , '82, Alfred.

Prof. Alfred A. T i t s w o r t h , C. E . , M. S . , ('69 '70) New Brunswick, N. J.

Mrs. B e l l e W . H e i n e m a n , A . M., '66, C o l e g r o v e , P a .

H o n . J . E r n e s t B . S a n t e e , ('66-'67) Hornellsville.

David I. G r e e n , P h . M., '84, H a r t f o r d , C t . Dr. L e n a n W . P o t t e r , M . D . , Ph. M., '76, H o m e r .

TREASURER'S REPORT

14th A n n u a l R e p o r t for year ending J u n e 18, 1900 G E N E R A L F U N D

D r .

B a l a n c e on hand at last report $ 46 85 B a n q u e t C o m m i t t e e for 1899 ( P r o c e e d s of 138

c o v e r s ) 9 07 M e m b e r s h i p F e e s and D u e s 82 00 T o t a l S 1 3 " 92 Cr.

Paid on orders :

C. T. Harris, M a n a g e r , t e l e g r a m s $ 2 03 S u n Publishing Association, printing 24 1 5 University B a n k , rent of safe deposit box 2 00 A B , K e n y o n , c o m m i t t e e , " e x p e n s e o f W . R .

P r e n t i c e lecture 11 90 E . E . H a m i l t o n , T r e a s u r e r , p o s t a g e . 2 0 0

W. C. W h i t f o r d , S e c r e t a r y , clerk hire.- 1 00— 43 08 B a l a n c e on hand $94 84

A p p e n d i x C 6 1

T o t a l $2,454 59 Cr.

Reinvested in bonds and mortgages $2,305 00 B a l a n c e on hand in cash $149 59

C O N D I T I O N O F E N D O W M E N T

B o n d and Mortgage Investments $5,805 00 E n d o w m e n t notes, considered good 3-

²

99

^{0 0}

doubtful 295 00 Monthly Pledges 360 00 L o a n e d to general fund 200 00 Cash on hand uninvested 149 59

K E N Y O N - A L L E N E N D O W M E N T F U N D $ 1 0 , 1 0 8 5 9

Respectfully submitted,

E . E . H A M I L T O N , Treasurer.

K E N Y O N - A L L E N E N D O W M E N T F U N D I N C O M E A C C O U N T

Dr.

B a l a n c e on hand, last report $ 552 28 Interest on bond and mortgage investments. .$ 303 80

Interest on E n d o w m e n t notes 38 27— 342 07 T o t a l $ 894 35 Cr.

Paid accrued interest on mortgages b o u g h t . . . $ 44 65 Paid W. H. Crandall, T r e a s u r e r , for use of

President's chair 30000— 3 4 4 6 5

B a l a n c e on hand $ 5 4 9 7 0

P R I N C I P A L A C C O U N T

Dr.

B a l a n c e on hand at last report $ 423 59 B o n d s and mortgages paid 1,600 00

Pledges paid 9 00 Notes paid 90 00

New E n d o w m e n t s received in cash 332 00—$2,031 00