1913-1914 Academic Catalog
I COME A D ENDOWMENT, plca,ant re idencc. Any who have children to ducate, and wi h to be with them during their college course, can find no finer region and no better soci ty than in thi community. INCOME AND ENDOWME~T. INCOME. The income of Cedarville College consists of the in– terest from its endowment, voluntary subscriptions and offerings from friends, collections from the different con– gregations under the care of the General Synod of the Reformed Presbyterian Church, and the tuition fees of the students. ENDOWMENT FUNDS. ---.--- PETER ,GIBSON FUND. Cedarville College practically had its or1gm m the liberality of William Gibson, Esq., of Cincinnati, who bequeathed $25,000 for the endowment fund of a College to be erected at Cedarville, Ohio, in memory of his father, P eter Gibson, for many years a prominent member and ruling elder of the First Reformed Presbyterian congrega– tion of Cincinnati. By compromise with the heirs, the trustees accepted $20,000 in full settlement. THOMAS GIBSON FUND. Thomas Gibson, an elder in the First Reformed Pres– byterian congregation of Cincinnati and president of the Board of Trustees of Cedarville College, left a bequest of $5,000, which came into the possession of the College in 1910. 8
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