1914-1915 Academic Catalog

INCOME A..~O ENDOW)fE:,;'T, pleasant residence. Any who have children to educate, and wish to be with them during their college course, can find no finer region and no better society than iu this community. INCOME AND ENDOWMENT. INCOME. The income of Cedarville College consists of the interest from its endowment, voluntary subscriptions and offerings from friends, collections from the different congregation& under the care of the General Synod of the Reformed Pres– byterian Church, and the tuition fees of the students. ENDOWMENT FUNDS. PETER GIBSON FUND. Cedarville College prnctically had its origin in the liberality of William Gibson, Esq., of Cincinnati, who be– queathed $25,000 for the endowment fund of a College to be erected at Cedarville, Ohio, in memory of his father, Peter 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 foll settlement. THOMAS GIBSON FUND. Thomas Gibson, an cider· in the First Reformed Pre&– byterian congregation of Cincinnati and president of the Board of 'l'rustees of Cedarville College, left a bequest of $5,000, which came into the possession of the College in 1910.