The History and Operation of Cedarville College

6 Cedarville College" to the Board of Trustees of the Cedarville College 11 and their successors in office forever. 11 2 The Board of Trustees of the College unanimously agreed at their mid-year meeting, February 8, 1929, to maintain the orthodox Christian belief and teachings for which Cedarville College had always stood. Despite the severence of the College from the Reformed Presbyterian Church, the majority of the Board members were members of the church, even after the college became an independent i.nsti tution. In the 1930 edition of the Cedarville College Catalog, it is stated that the college at that time, had a productive endowment of $ 236, 833. 40. The endowment of the college and seminary combined totalled$ 321,231. 88. However, by 1952 theCollege had used a large portion of its endowment fund for the current operation of the school. In addition to that, a farm and an apartment house owned by the college, was sold to keep the school operating. These financial problems were due undoubtedly to the fact that the Board of Trustees, now operating an independent college, lacked a constituency to which they could appeal for funds and students. At this time, the Board of Trustees began to seek a solution to their problem by planning a merger with some other college. The Board members and the townspeople were anxious to continue the operation of a church-related school on the campus which had been dedicated to that purpose. The Board was faced with the problem of either uniting with another school or closing the doors of the institution forever. 2Appendix B.