A Charge to Keep

I I I I I I I I I I I WAYS YOU CAN HELP BONDS FOR THE DORMITORY / :,V')1d.! I .;~;._~ r ··- l i J L ·- t. -- ---- -, --- Our new series "C" bond issue of $350, 000 will enable us to build a new dormi– tory. Income from the dormitory will be used to retire the bond issue. Pastors can encourage individuals in their churches to invest their savings in these bonds which pay five per cent interest . In this way, their money will both work for them by earn– ing more interest than in a savings account, and work for the Lord by providing a greater ministry at Cedarville College. GIFrfS FOR THE LIBRARY The library will not provide income to underwrite a bond issue and must be built through gifts. To raise the $300, 000 needed, the college has challenged 300 churches or interested friends to give $t. 000 each. The names of donors will be engraved on an honor roll plaque that will be erected inside the new library. $10 A WEEK ON CHURCH BUDGET ....-... I Some have asked if we can sell bonds t o build the library. The answer is "yes" IF enough of our churches will place t he college on the budget. For example, each church designating $10 per week to the Bond Redemption Fund will pe rmit us, over a 10-year period of time, to pay the principal and interest on $4, 018 worth of bonds. In orde r to finance the library entirely by bonds, we would need 88 churches giving $10 per week to t he Bond Redemption Fund. Realizing that Christian schools training our Christian young people deserve a place in our church missionary giving. we suggest tha t you prayerfully review your church budget. Although each church may not be able to give a $ 1, 000 gift, every church can participate by placing the college on the i r church budget or increasing their present giving.