Schedule 15 S U M M A R Y O F I N C O M E F r o m July 17, 1911, to June 30, 1912
Revenue Brought forward July 17, 1911:
Cash in Bank $ 117 01
Moneys Advanced 600 00—$ 717 01 Income from Endowment held b y :
Alfred University, Schedule 16 (Main-
tenance) 4,988 50 Alfred University, Schedule 17 (Scholar-
ships, etc.) 2,240 77 Alfred University, Schedule 18 (Income
Gift Fund) 449 92 Other Corporations, Schedule 19 (Col-
lege and Academy) 11,622 54 Income from the Operation of the Univers-
ity:
College of Liberal Arts, Schedule 20 9,153 44
Alfred Academy, Schedule 21 3,313 15— 12,466 59 Income from Miscellaneous Sources,
Schedule 22 6,409 52 Tuition Notes Collected 112 61 Room Deposits 200 00 Total $39,207 46
Expenditures Maintenance, Schedule 23, College and
Academy 23,017 84 Miscellaneous Purposes, Schedule 24 2,558 20 Special Purposes, Schedule 25 5,641 05 Transfers, Offsets, etc., Schedule 26 7,575 31 Tuition Notes 32 30 Room Deposits, Paid to Depositors 200 00 Carnegie Library 2 05 Carried Forward, June 30, 1912:
Cash Balance in Bank 72 31 Charles Stillman, Com., Money ad-
vanced 100 00 James Serio, Premium on Fire In-
surance Policy 8 40 Total $39,207 46
Schedule 16 R E V E N U E
From the Investments of the University, Schedules 4 and 5, for maintenance and support.
3 Eliza A. Eaton $ 20 75 9 Louisa A. Whitney 150 00 16 Lou M. Jones 36 00
T R E A S U R E R S R E P O R T — I N C O M E 4 3 22 D. A. Stebbins ( E . A. Green)
23 Payette A. Rude (C. B. Davis) 25 Henry Kenyon (Ruel Hamilton) 28 Julia Doane
36 George S. Maxson (Tabor) \ 41 George D. Rosebush
47 Ida Coates Hyslip 54 George H. Renner 55 William W Mills 61 Amolie Beck 66 Melvin J. Gridley 69 Christian Gaul 70 Herbert W. Heath 71 Herbert W. Heath
72 Albert Hoffman , 73 Soetemon Brothers
74 Agnes J. Harrison 75 Alfred L. Fraser 76 Catherine Hoadley 302 Charles E. Bryant 331 Alfred University 337 Daniel Lewis 601a Charles E. Bryant 602 Frank S. Wells 604 Daniel Lewis 605 A. L. Horton 613 George W. Haight 614a E. E. Hamilton
Charles A. Hauser, interest on his note
William H. Crandall, (Schedule 32) in- terest as follows:
303 E. N Cooper, note 304 E. N. Cooper, note 305 E. N. Cooper, note 325 E. N. Cooper, note 334 Morris Hefter, note
912 Mrs. William C. Burdick, note ..
32, 712 Eugene T. Crandall, mortgages Belcher mortgages
W. H. Crandall, note Town of Alfred, Certificates of In-
debtedness
Alfred A. Titsworth, (Dunellen Realty Co.)
University Bank, Certificates of D e - posit
Rose Real Estate ( N e t ) . . . Disbursements for Account of University
Fund Interest:
Transfer to Endowment
Rebate Interest on Certificate of Indebtedness No. 5, T o w n of A l - fred
Rebate Interest on Certificate of In- debtedness No. 6, Town of Alfred Crandall Real Estate
Vincent Real Estate Champlin Real Estate
263 00 92 00 118 00 116 00 8 00 16 00 229 49 22 00 13 00-
36 00 52 50 42 63 28 50 42 00 66 00 240 00 300 00 331 80 12 00 75 20 495 00 238 33 251 40 210 00 715 00 82 66 15 15 28 96 95 00 176 33 11 25 16 80 6 00 6 00 6 00 24 89 35 22 84 00
877 49 240 00 5 00 1 75 127 24
$5,182 85
$60 06 1 00 1 50 82 58 5 75 8 44
Net University Fund Income
which has been distributed pro rata ($5,913 per $100) among the indi- vidual funds composing the
University Fund Special Income:
President's Chair
William C. and Ida F. Ken yon Pro- fessorship of Latin Languages and Literature
George B. Rogers Professorship of Industrial Mechanics:
Salary
Mechanical Library and Apparatus..
Rhode Island Professorship of Mathe- matics
William A. Rogers Professorship of Astronomy
Mary E. Pitt Fund (Scientific Dept.) Common Income:
Peter Wooden Fund
Centennial Fund • Boothe Colwell Davis Fund
Francis Asbury Palmer Fund General Fund
Alfred Theological Seminary:
Nathan V. Hull Professorship of Pas-
toral Theology ••
Professorship of Church History and Homiletics
Plainfield Professorship of Doctrinal Theology
Theological Department
$4,988 50 Schedule 17
R E V E N U E
From the Investments of the Scholarship Fund (Schedule 7) 701 J. G. Ostrander (Ward) .
703 Margaret A. Baker , 707 Albert W. Langworthy
709 Samuel O. Turner 715 Henry B. Robison 716 Rosella H Boyd 721 W. A. Owens 724 Meta A. Adams 726 R. C. Russell 727 Archie D. K n o x 729 Allentown Lodge 730 J. C. Turner
734 Lucinda P. Graham 735 Frank G. Place 736 Albert Hoffman 737 Albert Hoffman
$4,988 50
$ 54 70 610 42
$768 69
118 26— 886 95 591 30 29 57 59 13 1,296 52 273 04 48 34 88 70 744 39
211 65 26 61 43 61
23 5 7 - 305 44
$ 50 00 26 00 18 00 78 00 30 00 183 00 90 00 48 00 84 00 19 90 60 00 33 00 108 00 72 00 150 00 150 00 Jordan Real Estate (Net) 13 02
Morgan Park Real Estate 22 00— 194 35
T R E A S U R E R S R E P O R T — I N C O M E 4 5
$ 2 , 2 5 7 27 Disbursements Account, Scholarship Fund
Interest:
Attorney's Fees collecting interest
No 7 1 6 1 6 50
Net Scholarship Fund Income $2,240 77 which has been distributed pro rata
($5,876 per $100) among the individual funds composing the
Scholarship F u n d
One Thousand Dollar Scholarships 2,105 20 (Schedule 27 shows the amount
credited to each scholarship).
Fund to Aid Young Men Preparing for
the Ministry 123 78 Athletic Association 11 79
$ 2 , 2 4 0 77 Schedule 18
R E V E N U E
From the Investments of the Income Gift Fund (Schedule 8) 1302 Willard B. White $ 95 00 1305 Jesse L. Grantier 1 2 0 00 1306 W. P. Gowdy 72 00 1307 J. Garfield Stevens 1 34 1308 Ralph Iannuzzi 1 6 1 58 Total Received $449 92
Schedule 19 R E V E N U E
From Endowment held in Trust for Alfred University by certain other Corporations, to be used for the Maintenance and Support of the College of Liberal Arts and of the Academy.
Seventh-Day Baptist Education Society:
Literary Professorships $1,276 4 4
Natural History 1 8 0 0 — $1,294 44 Board of Trustees of the Seventh-Day
Baptist Memorial Fund:
Charles Potter Professorship of History
and Political Science $1,659 03 Babcock Professorship of Physics 1,212 17 William B. Maxson Professorship of
the Greek Language and Literature 653 91
738 Herman W . Arisman 9 9 0 0 7 3 9 Oliver D. Sherman 30 00 740 Geo. R. Merritt 2 1 4 00 741 Agnes J. Harrison 167 75 742 John Moore 1 5 1 25 7 4 3 John T. Courtney 95 70 Bolivar Water Co. Bond 19 27 Chicago Junction Railroad and Union
Stock Yards Co 15 00 Alfred University, Note 147 83 University Bank, Certificates of Deposit 34 25 9 1 8 J. E. and H. G. Middaugh, Note 11 20 Rigby Real Estate, Net 72 12
Total $9,153 44 Schedule 21
A L F R E D A C A D E M Y
Tuition Fees (Non-residents of State) 101 00 Union Free School District No. 3:
Tax Levy 1911 1,100 00 State of New York through Union
Free School District No. 3:
Tuition Fees (Non-residents of Dis-
trict No. 3, but within the S t a t e ) . . 526 40 Academic Quota 100 00 Attendance (Resident) 140 07 Teachers' Training Class 1910-11 603 75
Teachers' Quota, 1911-12 600 00— 1,970 22 Books and Apparatus 33 83 Extra Fees for Materials, etc.:
Chemical Laboratory 65 50
Reading Room 42 60— 108 10 Total $3,313 15 E. Lua Babcock Fund 1,609 65
Alfred University 18 38 Bi-Centennial Fund 201 05
George 11. Babcock Fund 4,023 91— 9,378 10 Alumni Association of Alfred University:
Kenyon-Allen Endowment Fund 950 00 Total $11,622 54
Schedule 20 R E V E N U E
Accruing from the operation of the University COLLEGE OF L I B E R A L A R T S Tuition Fees $5,279 63 Graduation Fees 150 00
Special Examinations 6 00— $5,435 63 Department of Music 456 05 Extra Fees for Materials, use of Instru-
ments, e t c . :
Chemical Laboratory 972 89 Gymnasium 190 86 Machine Shop 44 00 Natural History 241 80 Physics 40 00 Reading Room 86 70 Surveying 100 00
W o o d Shop 164 00— 1,840 25 Rentals of Campus Buildings:
Burdick Hall 300 10 Ladies Hall - 846 91 White House 12 00 Blacksmith Shop 50 00 Kanakadea Hall, Room for Cement
Testing 150 00
W o o d Shop 62 50— 1,421 51
T R E A S U R E R ' S R E P O R T — I N C O M E 4 7 Schedule 22
R E V E N U E
From Miscellaneous Sources Library:
Charles Potter Professorship of History
and Political Science, transfer $609 03 State of New York 100 00 Sabbath School Board Library Fund 25 00 Athenaean Lyceum 18 30 Fees and Fines 20 66 Books Sold 8 00
Reimbursement for expressage 60— 781 59 Babcock Professorship of Physics, Ma-
terial and Apparatus, transfer 412 17 Dr. Thomas World Peace Prize Contest.. 75 00 Sundry Items:
Gas Meter Deposits, interest on 12 75 Bank Balances, interest on 55 85 Tuition Notes, interest on 9 31
"Special Income Investments" interest 273 40 Old Stove, etc. sold 7 00 Examination books sold 30 00 Grass sold 3 00
Alfred Song Books 3 00— 394 31 Transfer from Endowment per vote of
Trustees (See Schedule 9) 1,647 52 Reimbursements:
Loan to Betterment Fund 2,200 00 Balance due Special Income 464 15 Fuel 329 56 E. Lua Babcock Fund 97 77 Postage on 2d class matter 4 64
Telephone Calls 50 Freight Bill 2 31— 3,098 93
Total $6,409 52 Schedule 23
E X P E N D I T U R E S
For current expenses incurred in the operation of the Uni- versity (exclusive of the Theological Seminary) paid out of the Common Income and out of Special Income designated for sal- aries.
College Faculty $8,137 95 Academy Faculty 4,125 00 Administration 2,562 92 Janitors 889 99
Department of Music 456 05— $16,171 91 Administration Expenses - 482 22 Advertising 175 21 Fuel 1,792 40 Furniture 474 60 Insurance . 927 24 Printing 804 04 President's Traveling Expenses 417 14 Principal's Traveling Expenses 29 79 Repairs 927 59 Supplies 514 09 Sundries 301 61
Total , $23,017 84
48
Schedule 24 E X P E N D I T U R E S For Miscellaneous Purposes
Academy, Books and Apparatus 79 34 Improvements 346 59 Legal Expenses 2,132 21 Total $2,558 20
Schedule 25 E X P E N D I T U R E S
Of Income designated to be used for Specific Purposes other than salaries
George B. Rogers Professorship of Indus-
trial Mechanics $402 65 E. Lua Babcock Fund 1,446 84 Babcock Professorship of Physics, Ma-
terial and Apparatus 406 55 Dr. Thomas World Peace Prize Contest,
Prizes 75 00 Extra Fees for Materials, etc., College:
Chemical Laboratory 1,218 20 Gymnasium 93 52 Machine Shop 44 38 Natural History 276 14 Physics 71 11 Reading Room 56 11 Surveying .. 51 85
W o o d Shop 205 27— 2,016 58 Library:
Alfred University 1,125 32
Sabbath School Board, Library F u n d . . 57 55— 1,182 87 Extra Fees for Materials, etc., Academy:
Chemical Laboratory 56 12
Reading Room 54 44— 110 56 Total $5,641 05
Schedule 26
T R A N S F E R S , O F F S E T S , E T C . Alfred Theological Seminary:
Transfer to Seminary $748 57 Young People Preparing for the Ministry:
Transfer to Seminary 243 65— 992 22 Sunshine Scholarship Board 55 51 Charles Potter Professorship of History
and Political Science:
Transferred to University Library 609 03 Babcock Professorship of Physics:
Transferred to "Materials and Appara-
tus" Account 412 17 Income Gift Fund:
Interest paid to Beneficiaries 334 50 Scholarships:
Alfred Academy, Ten per cent Scholar-
ships 10 00
T R E A S U R E R ' S R E P O R T — I N C O M E 4 9 College of Liberal Arts:
Ten per cent Scholarships 812 55 One Thousand Dollar Scholarships:
Individual 1,469 91
Church and Society 541 02— 2,823 48 Betterment Fund Loans 2,200 00
"Special Income Investments" interest:
Transferred to Betterment Fund a c -
count 138 40 Total $7,575 31
Schedule 27 B A L A N C E S H E E T
July 1, 1912 I N C O M E A C C O U N T
Debit
Bills Receivable $ 90 00 Empire Gas and Fuel Co. Gas Meter D e -
posits 212 50
Tuition Notes Receivable 217 51— $520 01 College Chemistry (Overdraft) 290 20
College Physics (Overdraft) 10 76
W o o d Shop Fees (Overdraft) 9 14— 310 10 Special Income Investment Bonds 4,500 00
Special Income Investment Corporate
Stock 125 00 Special Income Investment Real Estate.. 300 00
Special Income Investment Bills Receivable 230 00— 5,155 00 Charles Stillman, Committee, "Jericho
F a r m " Money advanced, bill to be
rendered later 100 00 James Serio, Premium on Fire Insurance
Policy 8 40 University Bank 72 31
$6,165 82 Credit
Common Income 1,348 50 Special Income, viz:
George B. Rogers Professorship of In- dustrial Mechanics:
Mechanical Library and Apparatus.. $ 105 69 Babcock Professorship of Physics:
Material and Apparatus Account 405 62
E. Lua Babcock Fund 1,259 85— 1,771 16 Allen Hall 10 00
Room Deposits 40 00
Athletic Association 26 77— 76 77 Mary E. Pitt Fund (Scientific Dept.) .. 59 13 Library:
Alfred University 395 92 Sabbath School Board Library Fund 9 34 Alfriedian Lyceum, L i b r a r y . . 28 05 Athenaean Lyceum, Library. 42 32
Alleghanian Lyceum, Library 44
Orophilian Lyceum, Library 5 36— 484 43 Extra Fees for Materials, College:
Gymnasium 109 59 Reading Room 51 54 Machine Shop 13 85 Natural History 38 94 Surveying 58 58
Drafting Tools 5 75— 278 25 Extra Fees for Materials, A c a d e m y :
Chemistry 27 68 Gymnasium 2 00 Reading Room 11 21
Books and Apparatus Account 4 49— 45 38 One Thousand Dollar Scholarship Fund:
Group I First Seventh-day Baptist Church of A l -
fred $44 64 Ladies of Alfred 58 76 Shiloh Seventh-day Baptist Church and
Society 24 98 Seventh-day Baptist Church of Plainfield,
N. J 58 76 Samuel N. Stillman 58 76 First Seventh-day Baptist Church of New
York City 41 14 : William Elbridge Witter 26 46
Ladies' Aid Society of the Pawcatuck
Seventh-day Baptist Church 31 16 Lillian Brown 58 76 Class of 1S90 16 74
Group II
Alleghanian Lyceum 16 16 Orophilian Lyceum 13 22 Alfriedian Lyceum 17 64 First Genesee Seventh-day Baptist
Church 19 10 Charles Henry Stanton 11 76 Congregational Society of Wellsville 20 38 George Stillman Greenman 58 76 Dennison & Sons 11 76 William Russell Clarke 5 88 Edgar Henry Cottrell 58 76
Group III
James Reed Irish 11 62 Christ Church (Episcopal) Hornell 17 64 Choir of the Pawcatuck Seventh-day
Baptist Church 13 22 Isaac Wheeler Fassett and Cynthia Par-
menter Fassett 58 76 Ella Lewis Packard 35 26 Susan Minerva Burdick 55 58 Frank Sullivan Smith 58 76 Athenaean Lyceum 16 92
Group IV
Martin Luther and Ella Norris Rumpff 7 36 Ethan Lanphear 58 76 Arthur Elwin Main 17 92 Abigal Allen Memorial 58 76
T R E A S U R E R ' S R E P O R T — I N C O M E
51
Enos W. Barnes Memorial 13 02International Sunshine Society 48 46 First Baptist Church Wellsville 8 42 Mary Brown Allen 58 76 Aurelia Crandall Green Hemphill 58 76 George Edward Brainard 11 94
Group V
Chicago Seventh-day Baptist Church 19 58 Amanda M. Burdick 58 76 Salem College 52 66 Malvina Amanda Burdick 58 76 The Class of 1904 14 10 Madelia Adelaide Stillman Memorial 58 76 Captain John Casey Memorial 51 34 Simeon Montgomery Thorp and Helen
Fassett Hatch Memorial 58 76 George W Tuttle Memorial 27 84
Group VI
Theodore F. Seward Memorial 26 04 Sarah Smith Evans Memorial 58 76 Frank R. Green Memorial 18 40 Shredded Wheat 8 82 Second Brookfield Seventh-day Baptist
Church 13 22 Doris Sunshine 30 86 Charles Eugene Hull Memorial 13 22 Elizabeth Gorton Middaugh Memorial 58 76
Group V I I
Lewis L. Canfield Memorial 58 76 Edward M. Tcmlinson Memoral 58 76 Eliza M. Crandall Memorial 67 64 Eliza Nelson Fryer 22 02 David R. and Martha G. Stillman M e -
morial 5 88— 2,105 20
$6,165 82