Group VII Group VII
Schedule 16 Schedule 16 INCOME GIFT FUND
31 OD II 00
41 co 5 00
50 00
This fund consists of money, securities and real estate re- ceived by the University as absolute gifts; upon the principal of which a certain rate of interest is being paid to the donor, or to some other person designated by him, during the life of the beneficiary.
The column below at the left shows all of the gifts received under such conditions; the column at the right, the gifts upon which the University is now (June 1, 1910) paying interest.
Gifts:
$ 2,000 00
500 00 1,000 00 1,200 co
1,000 00
900 00
500 00
800 00
1,000 00 200 00
100 00
100 00
·$ 9,300 00
Donors:
1898-99
H. Alice Fisher, Northboro, Mass.
1902-03
Mary Grace Stillman, Potter Hill, R. I. ... .
*Phebe Ann Stillman, Mariner Har- bor, S. I . . . . ... , Abby Kinsley Witter, Westerly,
R. I ... .
*Ethan Lanphear ... , ... , •
*Lewis Berry, Independence .•...
1903-04
*Phebe Ann Stillman, Mariner Har- bor, S. I. ... , ... .
1904-05
Alonzo Stillman, Alfred ..•...•
1905-06
Hannah Crandall, Westerly, R. I.
Alonzo Stillman, Alfred .... , . , . , . 19o8-09
James Everett Walker .. , .. ,, •••...
1909-10
James Everett \Valker, .••.... , ..
Obligations:
$ 2,000 00
500 00
11coo oo 1,200 00
900 00
500 00
800 OD
r,ooo oo
200 00
100 00
IOO 00
$ 8,300 00
TRl!:ASURER'S REPORT
The l(ifts upon which the University is now paying interest a,·e invested as follows:
1301 Emma E. and Lyle Bennehoff to A. U .. , ...•. ,. . . $1,800 oo B. and M. dated [•'eb, 1, 1903; $2,000; 6 per cent interest to
February 1 and August 1st. House and lot, Main Street, Alfred; insurance $2,200. Interest paid to February 1,
19w.
1302 Willard B. and Emma A. White to A. U,.... . . 1,000 oo B. and M. dated September 1, 1905; $1000; 6 per cent,
March I and September 1st. House and lot, Alfred;
appraised $2000; insurance $2000. Interest paid to Sep- tember 1,1909.
1305 Willet L. and Myra L. Ward and George B. and Pauline
Wilcox to A. U ... , •... , . , .... , . . . • . . . • . . . 2,000 oo B. and M. dated November 1, 1907; $2000; 6 per cent, pay-
able May , and November 1st. House and lot, Wellsville, 150 by 170 feet, appraised $4000; insurance $2,500. In- terest paid to May r, 1909.
13o6 William P. and Lena Gowdy to A. U .. ,. · ... , . . • • . . • . . • • 1,200 oo B. and M. dated March 7, 1008; $1,200; 6percent, payable
March r and September 1st. House and lot, 50 by 160 ft., appraised $2000; insurance $1000. Interest paid to Febru- ary 1, 19ro.
1307 J. Garfield Stevens to William H. Crandall, Treasurer •.•
Note dated January 4, 1905: one year; $210; 6 per cent.
Collateral, Policy No. 1,074,233 in Equitable Life Assur- ance Society on the life of J. Garfield Stevens for $1000:
annual premium $29 84. Policy dated October 16, 1901:
twenty payment, life. Cash surrender value Caslt Awaiting Investment Total
$ 6,000 00 167 50
$ 6,167 30 2,132 50
$8,300 00 The following stocks were transferred to A. U. by William H. Crandall and Helen M. Crandall upon the Income Gift plan, but no interest has been paid on account, therefore, such stocks also constitute the endowment of the following named scholarships: The Ezra Potter Crandall; The Ira Babcock Crandall; The Harriet Nye Crandall; The Sardinia Greenman Crandall; The William H Crandall and The Helen Mar Crandall.
Medical Review of Reviews, 1 share second preferred stock, certificate number 63, par value $100, and one share common stock par value $25;
actual value nominal; book value $mo.
Manitou Lake Gold Mining Co., 600 shares; par value $1 per share;
actual value nominal; book value $100.
· Cer\ificates Number 395, 396, 397,398,399, and 400.
Note Book value of stock eliminated from footing by order of Executive Committee.
-;
ALFRED YEAR BOOK, 1909-10
Schedule. 17 INVESTMENT ACCOUNT
(Showing Changes in Securities)
- - - - o - - - -
SUBDIVISION A June 1, 1909 to November 30, 1go9(William H. Crandall Treasurer)
RECEIPTS
Cash awaiting investment, June 1, 1909.
The Scholarship Fund ... . The Income Gift Fund • . • • . . • • . . .. . . . • .. • ..
Less overinvested, University Fund ...•...
Real Estate Mortgages Collected:
18 Mary Dennis ... ..
23 Charles B. D,,vis (Rude) ... . .37 Philander R. Stevens (Kibbie) ...•
-42 Wellsville Improvement Co ... . 56 Jesse L. Witter ... ..
·fo Amolie Beck . . . . ....•...
65 Gordon L. Granger ...•...
7o6 Walter W. Laine ... . 710 Harriet M. Beyea ... ..
727 Archie D. Knox... . ... . 728 Adeline Roeske ... . 732 Bert G. Rigby ...•..•. ,,,., ..•. , ... ,, :,.307 M. J. Stevens ... , ... , .... ..
Bills Receivable Collected:
304 Eugene N. Cooper ... , ... ..
3.13 Alfred University,,,., ... , ... ,,,., ...
334 Morris Hefter , ... , . , •... , ...•...•. , , , ... . _336 Alfred University ... . 612 Boothe C. Davis ....•... ,.,, ... ..
909 Starr A. Burdick , , , ...•...• , ... . 912 Amanda P. Burdick ... ..
·916 Boothe C. Davis ... , ... . 920 William H. Crandall ...•.. , ... .
·-922 Alfred University... • . .. . .. .... . 924 C. H. Tefft ...•...•...
925 C. H. Tefft ... . -9,8 David H. Childs ... ..
.Real Estate Contracts Collected:
C Hattie M. Greene (O'Connell).. . . . ... .
,D Willis P. Monroe (Crandall) ..••...•...•
C. H. Tefft, Village lot, Alfred... .. ...
$ 476 15 279 50
---
$ 755 65 50 94-
- - - -
$ 24 00 50 00 30 00 1,380 60 40 00 16 00 500 00 50 00 50 00
2I 00
16 co 19 00
1,200 oo-
14 00 408 og 305 20
1,200 00
65 00 5 00
200 00
150 00
200 00
500 00
30 00
30 oo.
200 oo-- 80 00 78 78 15 oo--
704 71
3,396 6o
3,307 29
173 78
TREASURER'S REPORT Real Estate, Income Applied on Principal:
Bliss Real Estate (Bank Building) ..• , , . , •. , ••
Rose Real Estate ..• , .... , ..• ,, .... , ... ,. , ••
Corporate Bonds Collected:
Farmers Loan & Trust Co:
Debenture Bond, Series B. S., No. 67 ... , ....•
Celadon Terra Cotta Company, No. 63 ... ,. , Bills Payable Discounted:
August 16, 1909, University Bank,, .•.•.. , ..••
September 5, 1909, University Bank , , •• , • , ...
Cash Additions to Endowment, Schedule 18, Subd. A:
. The University Fund ... , ... ,,,.,, .•
The Scholarship Fund ... ,, ... ..
Total
DISBURSEMENTS Invested in Real Estate Mortgages:
66 Melvin J, Gridley ... ,, ... ..
68 Jennie Shattuck .... , ... , .. ,, ,, .•
734 Rert G. Rigby. . • .. ... . Overadvanced, Rigby mortgage ••....••.•..
Invested in Bills Receivable:
928 David H. Childs .. .. . .. • .. .. .. • .. . , ... . Alfred University ... . William H. Crandall, August 16, 1909, check
No. 1135 ... . Invested in Certificates of Indebtedness:
IO Town of Alfred . . . . . • . . . • , ..• ,
11 Town of Alfred ..• , ... , , ..••.•••
Bills Payable paid off:
September 24, 1909, University Bank ..•.. , .•
Cash on hand, December 1, 1909:
Actual Cash .... , ... . Due Bill, 11 Carried as Cash"· ...•.••
Alfred Song Books, 11 Carried as Cash '' ....•..
Shortage in Endowment Cash, Dec. 1, 1909 .. , ....•
Shortage in Bank, December 1, 1909, repre- sented by the following checks paid by the bank, but not entered on the books, viz.:
August 16, 1909, Check No. 1136 ... ..
September 5, 1909, Check No. 1137 ... . September 5, 1909, Check No. 1138 ... . October 18, 1909, Check No. 1142 ... , . Cash in Bank, December 1, 1909 . . • . . . , ... , .•.
Total
90 25 125 co--
200 00
215 25
I 1000 00-- I ,200 00
400 00
4,000 oo-- 4,400 00 300 00
1,475 25-- 1,775 25
$15,172 88
300 00 1,400 00 970 80-
30 00- 2,700 80
200 00
1,oc.o oo
500 oo- 1,700 00 800 00
1,150 oo- 1,950 00 1,400 00 440 85
25 00
96 78- 562 63 5o6 16
1,500 co 3,475 oo 500 00
700 oo-- 6,175 00 178 29
- - - -
$ 15,17~ 88
ALFRED YEAR BOOK, 1909-ro
Schedule 17 Subdivision B December ,, 1909, to June 31 19ro
(\Villiam H. Crandall, Treasurer until December 14, 1909) (William A. Allen, Acting Treasurer after December 141 1909)
RECEIPTS Cash on hand December 1, 1909, viz. :
Actual cash ...•. , , , ... , .... , .. , , . . ... , , .. . Due Bill, "Carried as Cash" ... , ... , . , ... ,
*Alfred Song Books, "Carried as Cash" ... . Shortage in Cash ... , . . .. ... . Cash in Bank, Dec. 1, 1909 ... , ... , ..
Shortage in Bank, Dec. 1, 1909 ... .
Real Estate Mortgages Collected:
37 Philander R. Stevens (Kibbie) ... . 42 \Vellsville Improvement Co, ... , ... , ..
52 Inland Empire Realty Co ... . 63 Inland Empire Realty Co ... , ... , .... . 65 Gordon L. Granger ... , .. , ... , ...•..
67 Boothe C Davis ... . 706 Walter W, Laine ... ..
7ro Harriet M. Beyea., ... ..
727 Archie D. Knox ... ,.,., ... . 728 Adeline Roeske ... , ... , , .• , , , , , ... . 729 Allentown Improvement Co ... . 734 Rigby, over advanced .. , •. , ... . 1301 Jan1es D. Bennehoff .. ... . Brlls Receivable Collected:
319 Crandall & Hamilton .. , ... , , , , .... , , ... . 022 \Villiam H. Vinal ... , ... , 326 Jennie Sherman ... , ... , ... . 334 Morris Hefter ...•... , .• , , , . , , , .• , , , . , 335 Jennie Sherman ... ,.,,,,,, ... , . . . , .. , .. . William H. Crandall ... . (Check No. n35,entered on books as "Bills
Receivable")
901 G. R. Brainard .. , , .. , , .. , , ... , ... , , .. , ..
910 William R. Clarke, (charged off),,., , , • , , , 911 Frederick A. Owen, (charged off) ...• , , , 91.3 G. R. Brainard ... ..
917 William H. Crandall .. .. .. • .. .. .. .. ..
Ella N. Rumpff ... . J, Garfield Stevens .. .. .. .. .. .. . .... , .. , , Alfred University ... , ... , Bliss Real Estate sold, book value ... , ... , , . , , .. , , , • Real Estate Contracts (O'Connell) book value ... . Insurance Contract, Rnmpff, reimbursement of pre- mium paid by University . , •. , , , ... .
*Transferred to Income Aocount.
$ 440 85 25 00
¢ 78-
74 so 240 00
1000 00
3400 00 1400 .50
1000 00 100 00
50 00 7 00 8 00 200 00 30 00
200 oo-
500 00 41 45 40 00 143 62
25 00
500 00 191 so 900 00 900 00
75 oo 350 00 328 00 25 oo- 1400 oo-
562 63 5'C6 16 178 29 6,175 00
$7 422 08
77!0 00
5419 57
2000 00
145 00 52 72
TREASURER'S REPORT Corporate Bonds Collected:
W. C. Belcher Land Mortgage Co. Debenture Bond, Series C, No. 102 ••••••••••••••••••••••
William H. Crandall, realized from collateral and ap- plied as follows:
Shortage in Endowment _Cash, on account:
Canisteo Bank Stock . . . • . . ... . Daniels policy ...•... , ...•.
Check No. u371 on account
Phoenix Policy ...•...• , . . . . . · .. , Cash additions to Endowment, Schedule 181 Subdivis-
ion B.:
The Scholarship Fund ... ..
The Income Gift Fund ... , . . . • • . ... , ... . Total. ... , ... .
DISBURSEMENTS Invested in Real Estate Mortgages:
735 Frank G, Place .• , ... , ...•.. , .•... ,• •... , 734 Lucinda P. Graham ..•....•...•...
Invested in Bills Receivable:
340 William A. Rose ...••..•....•....
Alfred University Loan to Income Account 926 Due Bill Transferred from Cash ...•...••
927 Certificate of Deposit University Bank •..•
Invested in Vincent Real Estate ...•...•...•
Bills Payable Paid:
University Bank
William H. Crandall is charged as follows:
August 16, 1909 Check No. rr36 ...•
September 5, 1909. Check No. 1137, $3 475 Less amount invested (734 Graham) .... 118 0 0 -
September 5, 1909, Check No 11.38 ...•....
Shortage in Endowment Cash ...•...
Decrease of Endowment, Schedule 181 Subd. B.:
The University Fund ...••..••...
The Scholarship Fund ...•...•..•...
Cash Awaiting Investment June 3, 1910:
The University Fuud ... , ... , ... ..
The Scholarship Fund ... , ... ..
The Income Gift Fund . . . • . • . . . • . ... . Total
90 88 349 97-
584 13
JOO 0 0 -
$600 00 1800 oo-
700 00 1400 00-
25 00 26.5 76-
1,500 00
1,675 00 500 00 505 r6-
---
645 00 1,916 OD-
---
6,189 70 11178 19 2,132 50
IOO 00
440 85 358 96
$24,333 31
2400 00
2,390 76 300 00 3000 co
41181 r6
2,561 00
9,500 39
$24,333 31
----
ALFRED YEAR BOOK, 1909-10
Schedule, 17a
In the matter of proceeds of collateral security given to the University by William H. Crandall.
(!)
The Treasurer charges himself with the proceeds of two shares of stock of First State Bank of Canisteo; sold Janu- uary 3. 1910 ...•...•.• , ...•... , •.. , , , , .•
The Treasurer credits himself with the application of such pro- ceeds, viz.:
Note No. 920, \,Villiam H. Crandall, interest ... . Shortage in Endowment Cash, on account of ... . and interest on the total shortage of $506 16 ..
(II)
127 95 90 88
l I 17-
The Treasurer charges himself with the proceeds of policy of in- surance on the life of D. A. Daniels, Jan. 19. 1910 ... . The Treasurer credits himself with the application of such pro-
ceeds, viz,:
Note No. 9171 William H. Crandall... . . . . 350 oo and interest.. . . . .. .. .. .. .. .. .. . . .. . . .. . . • 67 03 Note of William H. Crandall to L. A. Platts or
bearer ...•...
and interest from date of note, May 20, 1892 ..•
Note No, 3221 William H. Vinal, balance due .... . and interest ... ..
Mortgage No. 65, Gordon L. Granger, amount col- lected and not acconnted for on the books of the University ...•... , .•...•... , ...•.•
Shortage in Endowment Cash, on account of ...•.•
and interest.... . . • • . . . • . .•...
Note No, 9151 William H. Crandall, on account of 50 oo 52 9I 41 45 31 57 21 84 349 97 93 interest ..••...•...••.• , . . . • . . . • . . • . . . • • • 34 30 -
(III)
The Treasurer charges himself with the proceeds of policy of in- surance on the life of William H. Crandall in the Phoenix Life Insurance Co., surrendered Feb. 71 1910 •...•...•
The Treasurer credits himself with the application of such pro- ceeds, viz.:
Reimbursement of proceeds of check No. n351 dated Aug.
16, 1909.. .. .. . . .. .. . .. . .. .. .. .. .. .. . . . .. . .. .. 500 00 and interest... 14 25 Reimbursement of amount over-advanced on mort-
i:;age No. 732, Rigby ... ..
Reimbursement for past due int. on Hefter notes, and interest.... . ... . Reimbursement of part of proceeds of check No.
30 00 70 45 -" 91 1137, dated Sept 5, 1909... 358 g6 and interest on $1675... 42 43-
$ 230 00
230 00
1000 00
1000 00
I022 00
1022 00
TREASURER'S REPORT
Sche.dule 17b
In the matter of the proceeds of collateral security given by Ella Norris Rumpff.
The Treasurer charges himself with the proceeds of policy of in- surance on the life of Ella Norris Rumpf£, March 15, 1910 .•
The Treasurer credits himself with the application of such pro- ceeds, viz.:
Balance due on two notes made by Ella N. Rumpf£ 328 oo and interest • . . . . . . . . • 72 84
"Insurance Contract," reimbursement for premium paid on said Rumpf£ p0licy . . . 52 72 and interest... .. .. ... .... . ... 3 05 The Ella Norris Rumpf£ and Martin Luther Rumpf£
Scholarship . .. .. . . .. .. . .. . . .. .. .. .. . .. .. .. . 30 oo Paid to Ella N. Rumpf£... 18 79-
505 40
ALFRED YEAR BOOK, 1909-10
Schedule 18 Subdivision A
ADDITIONS TO ENDOWMENT June ,, ,909 to N.ovember 30, r909 (William H. Crandall, Treasurer)
The University Fund The Francis Asbury Palmer Fund ..••..•...•.•
The Scholarship Fund One Thousand Dollar Scholarships:
The First Seventh-Day Baptist Church of New York City ...•...•••...•
The Class of r890 . . . . • • . • . • . • . . • • . • . • . . ...•.• , The First Genesee Seventh-day Baptist Church and
Society ... ..
The First Congregational Society of Wellsville ...•
The Dennison & Sons ... . The James Reed Irish ... , .•.
The Christ Church (Episcopal) Hornell ..•...•...•
The Susan Minerva Burdick ... . The Athenaean Lyceum ... ..
The Class of r904 •••.•••••.•• , • , , .•.•••.•.•.••• • The Captain John Casey ... ..
$ 50 co
20 00
25 00 25 00 15 00 25 00 48 oo IOO 00 47 25 25 00 25 00 5 00 IS 00 25 00 25 00
$300 00
The George W. Tuttle Memorial ...•...••....•
The Theodore F. Seward Memorial ...•...•
The Second Brookfield Seventh-day Baptist Church The Charles Eugene Hull Memorial ...•...
The Lewis L. Canfield Memorial ...•...• I,000 00- I,475 25
$ •,775 25
TREASURER'S REPORT
Schedule 18 Subdivision. B December r, 1909 to June 3, 1910
(William H. Crandall, Treasurer until December 14, 1909) (William A. Allen, Acting Treasurer after December 14, 1909)
ADDITIONS TO ENDOWMENT The Scholarship Fund One Thousand Dollar Scholarships:
The First Seventh-day Baptist Church of Alf1ed ...
The Shiloh Seventh-day Baptist Church and Soci- ety ... . The First Seventh-day Baptist Church of New York City ... ..
The Class of 1890 ... ..
The First Congregational Society of Wellsville ... , The James Reed Irish ... ; The Athenaean Lyceum ... . The Martin Luther and Ella Norris Rumpff ..•...•
The International Sunshine Society ...•.•...
The Class of 1904 ... · · · ..
The Captain John Casey Memorial ... . The George W. Tuttle Memorial ... , ...•...
The Theodore F. Seward Memorial ....•...•
The Frank R. Green Memorial ...•...•...
The Doris Sunshine •.. , ••...•..•...
Prospective Scholarships The Nathan V. Hull ... ..
The Wardner C. Titsworth . . . . The Thomas R. Williams ... . The Willis Sedgwick Merriam, ••.•••••...•.•...
The William Graham Rice Memorial •...•...
The Income Gift Fund James Everett Walker ... .
$ 25 00 25 00 50 00
I 00 25 OD
100 00 13 00 30 00 25 00 5 00 59 88 75 00 30 00 5 00 75 00
I 25 6 00 3 00 5 co
25 oo- $ 584 13
100 00
$ 684 13
ALFRED YEAR BOOK, 1909 IO
DECREASE OF ENDOWMENT The University Fund The General Fund:
Bliss Real Estate ..••••••...••.••..••...•..••
Real Estate Contracts, (O'Connell Real Estate) The Scholarship Fund The Holly W. Maxson ... .
(Transferred to Betterment Fund at the request of the founder)
$ 500 00 145 oo--
u6 oo 900 00 The Frederick Augustus Owen ...••...•...•.•.
lCharged off by order of Executive Committee)
The William Russell Clarke .••...•....•...•... 900 OC>-- 1,916 00 (Note charged off and returned to maker, at re-
quest of founder, by order of Executive Com.) Deduct additions ...•...•..• , ... , ... , .. ,
Net decrease in Endowment .•••.. ,,,,,, .... ,,
$ 2,561 00·
684 13.
$1,876 87
TREASURER'S REPORT Schedule. 19
THE UNIVERSITY FUND Real Estate Mortgages
Principal unpaid
1 Silas C. Burdick to Brazilla F. Randolph.... . . . • . . • • . . . • . . $ 450 oo Bond and mortgage dated June 19, 1888; $500 6 per cent;
assigned to A, U. May 29, 1902. No interest has ever been paid to the University. Nearly an acre of land adjoining the Campus on the north. Mortgage was purchased in order to acquire the land as an addition to the Campus.
3 Eliza A. and Charles L. Eaton to A. U... 550 oo B. and M. dated September II, 1899; $1,050, 6 per cent;
March and September; house and lot, Alfred. Interest pay- able March and September nth; one piece containing 47- 100 and one piece containing 268-1000. Insurance $1,000.
Interest paid to Septembe1 1 ,, 1909.
5 Willet L. and Myra L. Ward to A. U... .• . . .. . . • 1,100 oo B. and M. dated November 20, 1900; $4000, 6 per cent. In-
terest payable May and November ,st; one piece containing 7'U, acres, also lot No. 4 and another piece containing one acre. $2,000 of the principal has been assigned by A. U. to the Alfred Alumni Association, and $900 has been paid on account of principal to A. U. and also to the Alumni Associa- tion. Village lots, Wellsville, unimproved and unproduc- tive, except as noted below. Part of the land originally covered by the mortgage has been released. On the remain- ing lands there is a mill, with machinery installed for work- ing wood. The lands covered by this mortgage are subject, with other lands, to a mortgage to Rushville Banking Co., dated July 1, 1907, to secure $13,247 69. Interest paid to May 1, 1908. Wellsville Improvement Co.,· is present owner of land, and it is in the Bankruptcy Court.
9 Louisa A. and Jonah D. Whitney to A. U ... ,,., •.. ,... 2,500 oo B. and M. dated May 26, 1902: $2,500, 6 per cent, June and
December 1st; Carriage factory, Hornell. Two story brick building corner Cass and Buffalo Sts. Insurance $2,500, In- terest paid to June 1, 1909, and $21 28 on account of interest due December ,, 1909.
15 Charles F. and Mary H. Binns to A. U •...•.• , . . . • . . • • . . . . 2300 oo B. and M. dated October 1, 1902; $2,300; 6 per cent, April
and November 1st; house and lot, Alfred, containing 1.625 .acres. Subject to prior mortgage to Alfred Mutual Loan
Association for $2500.
Further collateral-Policy No. 14375 a iu the Caledonian Fire and Life Insurance Co. on the life of Charles F. Bmns, dated December 5, 1882, 200 pounds; premium, 4 pounds,
10 shillings, 6 pence; assigned to A. U.
Further collateral-Stock of Worcester Royal Porcelain Co ..
Ltd., certificate No. 317; par value 200 pounds; assigned to A. U. Interest paid to April ,, 19ro,
ALFRED YEAR
BOOK, 1909-ro
16 Lou M. Jones to A. U .•.•...
B. and M. dated January 25, 1899; $850; 6 per cent, Febru- ary and August; house and lot, Wellsville, Insurance $800, Interest paid to February 11 1910.
18 Mary Dennis to Patrick Nugent ...•...
B. and M. dated May 25, 1900; $800; 6 per cent, May and November 25; house and lot, Hornell. Insurance $700. B.
and M. assigned to A. U. September 9. 1902.
22 Erastus A. and Nancy B Green to A. U ... . B. and M. dated December 141 1867; 6 per cent, May and November 1st. Farm, Little Genesee, one hundred acres.
Further collateral-Bond of D. A. Stebbins (present owner) to A. U., dated August 30, 19c9, to pay original indebted- ness. Interest paid to May 1, 1909.
23 Charles B. and Hannah A. Davis to A. U ...•...
B. and M. dated August 1, 1899; $1,200; 6 per cent, Febru- ary and August 1st. House and lot, Hornell, No. 13 High St. Insurance $1,500; Fayette A. Rude, present owner. In- terest paid to February 1, 1910.
Ruel Hamiltoli and wife to A. U.... . . . ...•.. · ....
B. and M, dated October 17, 1870; $1,000; 6 per cent, Jan- uary and July 1st; farm, Independence, 64.65 acres. Henry Kenyon present owner. Interest paid to July 1, 1909.
28 Julia and Frank C. Doane to A. U ... ..
B. and M. dated July 28, 1902; $575; 6 per cent, February and August 1st, house and lot, Wellsville, known as No. 85 O'Connor St. Insurance $• ,550. Further Collateral-2 and
U
shares stock of Alfred Mutual Loan Association, standing in name of Julia Doane, assigned to A. U. September 211902; certificate No. 76, series 16, issue of 1899; present value
$475 77. Interest paid to January 28, 1909 and $9 65 on account of interest due July 28, 1909.
29 Leonard C. Dennick to A. U ... . B. and M. dated March 1, 1897; $8oo; 6 per cent, March and September 1st; house and lot Plainfield, N. J., on easterly side of West Third St. near Elk St. Insurance $1,500. In- terest paid to March 1, 1910.
36 Rainsford C. and Corabelle Crandall Tabor to A. U ...•.
Mortgage dated August 1, 1899; $1,600, 6 per cent; February and August rst; house and lot, Tonawanda, lot number 1.,.
Insurance $1,000. George S. Maxson present owner. In- terest paid to May 1, 1910.
41 George D. Rosebush to Lavinia Potter •...•.•....•...•.
B. and M. dated April 28, 1871; $1,150; 6 per cent, January and July 1st; fatm, Independence, 150 acres: assigned to A.
U, by Lillis E. S. Rogers, February 12, 1904. Interest paid to December 21, 1909.
600 00
600 00
950 00
700 00
575 00
700 00
900 00
1,100 00
TREASURER'S REPORT
42 Wellsville Improvement Co. to A. U ...•...
B. and M. dated May 2. 1904; $9.coo. 6 per cent May and November 1st. Payments on account $5.265 6o, and the balance remaining unpaid is credited $2,095 oo to The Uni- versity Fund, and $1,620 to the Scholarship Fund (No. 714).
A payment of $1,400 oo was credited on August 9, 1909, as of December 1, 1908, by reason of Shattuck Mortgage to A.
U., (No. 68 below). Mortgage covers certain village lots at Wellsville, some of which are unimproved and unproductive, others of which may be improved and under contract of sale.
The unimproved lots were appraised in Bankruptcy at
$5,050. Mortgage is in Bankruptcy Court. Interest paid to May r, 1908.
43 Wellsville Improvement Co. to A. U ...•...
B. and M. dated Angnst 6, 1903; $7,000; 6 per cent, February and August 1st. Mortgage now covers house and two lots at Wellsville. House and lot sold on contract by mortgagor to James Serio, January 26, 1906, $2,900. Mortgagor in Bankruptcy. Interest paid to August r, 1908.
46 Wellsville Improvement Co. to A. U ... . B, and M. dated June 1, 1905; $3,6oo; 6 per cent June and December 1st: house and lot, Wellsville. Property sold by mortgagor on contract to William E. Sadewasser, $2,690.
Mortgagor is in Bankruptcy. Interest paid to December 1, 1908.
47 Ida Coats Hyslip and Charles B. Hyslip ...•...
B. and M. dated September n, 1905; $4,000; 6 per cent March and September 1st; store and lot, Wellsville, West and North Main St. Insurance $7,000. Interest paid to March r, 1910.
50 Wellsville Improvement Co. to A. U ... . B. and M. dated January 11 1906: $5.800, 6 per cent January and July 1st. Unimproved village lots, Wellsville.
Further Collateral-An assignment of certain bonds and second mortgages on property sold by mortgagor, and cer- tain contracts for property sold by mortgagor, of unascer- tained value. The University Bank holds a second mortgage on the real estate, and a second assignment of the bonds, mortgages and contracts referred to as additional collateral.
The unimproved lots were appraised in Bankruptcy at
$6,750. $3,800 of the principal debt was credited to this fund and $2,000 to the Scholarship Fund, No. 720. Mort- gagor in Bankruptcy. Interest paid to July r, 1go8.
Inland Empire Realty Co. to A. U •...•...•...•
B. and M. dated September 1, 1qo7; $3.0001 6 per cent Febru- ary and August 1st: farm, NezPerce County, Idaho; three hundred acres. Interest paid to February 11 19ro.
54 G. H. and Emma E. Renner to A. U ... . B. and M. dated April r, 1907: $5,000, 6 per cent annually.
Farm, Baylor County, Texas; 1595 acres; appraised $15,200.
Interest paid to April r, 1910.
1,900 00
1,800 00
4)000 00
1,900 00
3,000 00
5,000 00
ALFRED YEAR BOOK, 1909-10 55 William W. Mills to A, U ... , ... ..
Purchase money, B. and M. dated June 4, 1907; $6,000; 5 per cent January and July 1st; house and lot, Plainfield, N.
J. Selling price $8000; Peter Wooden, R. E.; insurance
$3,000. Interest paid to January 1, 1910.
56 Jesse L. and Belle N. Witter to A. U ... . B. and M. dated November 11 1907; $500; 6 per cent May and November 1st: house and lot, Wellsville; appraised
$I 500; insurance $1500,
61 Amolie Beck to A. U ...•...•....•...•...•...
B. and M. dated May 5, 1908; $400; 6 per cent January and July 1st; house and lot, Wellsville, sub-lot No. 148, appraised
$6oo; insurance $400.
62 Inland Empire Realty Co. to A. U ...•
B. and M. dated August 11 1908; $5,500; 6 per cent Febru- ary and August 1st; farm, Nez Perce County, Idaho. In- terest paid to February 11 1910.
64 Ruth A,. and Claire Jordan to A. U ... ..
Bond dated August 11 1908; $2;000; 6 per cent April and October 1st. Mortgage same date, $2,700, to secure bond, and also to secure two notes. Bills receivable No. 3c8 $200, and No. 309 $500; house and lot, Bolivar, appraised $2800, insurance $1700. Interest on bond paid to April 1, 19ro.
66 Melvin H. and Anna H. Gridley to A. U , , •.... , , , , ... . B. and M. dated December 28, 1908; $1,800; 6 per cent Jan- uary and July; farm, Alfred, one hundred eighty-seven acres appraised $3,600; insurance $1200. Interest paid to January
1, 1910.
68 Jennie and Edward J. Shattuck to A. U ...•...
B. and M. dated November 13, 1908; due Nov. 13, 1918;
$1,400; 6 per cent May and November, house and lot, Wells- ville. Lot No. 16, appraised $2000; insurance $1,400.
Further collateral; bond of James Serio, who has since pur- chased the property, dated May 20, 1909, due one year from date. Interest paid to May 20, -1909.
Bills Receivable With Collateral Security William H. Crandall, Alfred ... . Note dated January 11 1903: two years: A. U. payee; Col- lateral given at date of note, 100 shares stock Kentucky and Ohio Oil and Refining Co.; par value $10 per share: actual value nominal: additional collateral, mortgage dated May 3, 19o6, recorded January 23, 1909; made by W. H. Crandall, conveying one-half interest in Crandall Store property in Al- fred to secure $1900 represented by this note, No. 307, and No. 915 m "Scholarship Fund;" 6 per cent interest: $180 paid on account of interest. Last payment April 1, 1906
6,000 00,
.130 00·
4,400 00·
2,000 00
1,800 00
1,400 00
$49,447 40
$ 100:> 00
TREASURER'S REPORT
307 William H. Crandall, Alfred ... ..
Note dated May 4, 1903: one year· A. U. payee: collateral at date of note, 50 shares stock Kentucky and Ohio Oil and Refining Co., nominal value. Additional collateral, store property as stated under No, 306; 6 per cent interest. $75 paid on account of interest. Last payment April 1, 1906 308 Claire Jordan, Richburg ... ..
Note dated May 12, 1899: one year: W, H. Crandall payee.
Endorsed by him in 1909, but reported as University pro- perty since 1903; payment guaranteed by Phebe Jordan: Col- lateral, Real Estate Mortgage No. 64, dated Aug. 1, 1908;
6 per cent interest. Last interest payment December 20, 1908, to March 12, 1908
309 Claire Jordan, Richburg ... ..
Note dated May 20, 1902: one year: Peebe A. Jordan payee:
not endorsed nor protest~d: guarantee of payment endorsed by payee. Collateral, as in No. 3o8; 6 per cent interest.
Last payment of interest December 29, 1909, to November 20, 1909
312 Frank A. Dunham, Plainfield, N. J ... . Note dated July 18, 1900: six months: Flora C. Dunham payee: not endorsed nor protested: payment guaranteed by payee. Collateral, paid up policy without profits in Equitable on life of F. A. Dunham for $875. Cash surrender value in 1902 $279.12; 6 per cent interest paid to January 181 1909 314 F. W. Warner, Angelica, 3 years ... . 315 F. W. Warner, Angelica, 4 years ... . Notes dated September 7, 1898: W. H. Crandall payee: re- ported as University property since 1903, but not endorsed until 1909. Collateral, Free Tontine policy for $2500 on life of F. W. Warner, dated October 281 1891. f'remium,
$70 25; interest 6 per cent. Paid to September 7, 1909 in full, and $6 35 on account of interest since that date_.
337 Daniel Lewis, New York City ... , Note dated June 11 1908, A. U, payee: five years. Collateral three shares Second Preferred Stock, par $100; and three shares Common Stock, par value $25 oa of Medical Review of Reviews. Actual value nominal. 6 per cent interest paid to June 23, 1909
340 William A. Rose, Almond, N. Y ... ..
Note dated November 18, 1909; 1 year; $700; 6 per cent.
Collateral, 7 bonds of Alfred University par $100,
Bills Receivable
50000
200 00
500 00
250 00
150 00 150 00
225 00
700 00
Credited to University Fund which do not appear by the books to have any security.
301 Charles E. Bryant, Coshocton, 0. . . . • $ 100 oo Note dated March 14. 1898: three months: W. H. Crandall,
(Tr. ?J reported as University property since 1903, but not endorsed till 19c,g: 6 per cent interest: $12 only paid April 26, 1900