1925-1926 Academic Catalog

INCOME AND ENDOWMENT Reformed Presbyterian congregation, the College in 1903 came into possession of two-thirds of his estate, which amounted to $3414.45. HARPER FUND Mr. George W. Harper and wife, of Cedarville, generously gave $5,000 for the founding and maintenance of a chair of sociology and economics, provided the friends of the College raise an additional $5,000. The condition was more than complied with, about $7,000 being raised. JAMES BURNEY LYONS FUND Mr. John R. Lyons, of Marissa, Illinois, gave $700 as a memorial to his son, James Burney Lyons, who gave his life as a sacrifice to his country during the Civil War. McLEOD MEMORIAL FUND In the art icles of union of the Twelfth Street Reformed Presby– terian Church with the Second Presbyterian Church, New York City, pr ovision was made by the trustees of the united congregation to pay t o Ceda rville College the interest on $5,000 on May 14th and on November 14th, each year, from McLeod Memorial Fund, in memory of Drs. Alexander McLeod and John Neil McLeod, father and son, whose combined pastorates of the congregation covered the period from 1801 to 1874. The Presbytery of New York and Vermont also donated $3,200 to the College to the same revered memory. PITTSBURGH FUND The First Reformed Presbyterian congregation of Pittsburgh, n ow t he Tabernacle Presbyterian Church, gave $3,000 to the general endowmen t fund in 1906, and an additional $2,500 in 1923. SAMUEL PRICE FUND The late Samuel Price, of Tarentum, Pennsylvania, bequeathed on e-fourth of his estate to the College, which amount, $3,000, be– came completely available in 1914. MARGARET A. HUNTER FUND The late Margaret A. Hunter, of Philadelphia, sister of the late Will iam J. McAllister, the contesting of whose will prevented the College from receiving his bequest of $2,000, bequeathed $500, which became available in 1912. PHILADELPHIA FUND In the settlement of the affairs of the Second Reformed Presby– terian congregation, of Philadelphia, the sum of $5,000 was appro– priated to t he College by a member of the congregation. GEORGE W. BROWNELL FUND The late Rev. George W. Brownell, pastor of the Reformed Presbyterian congr egation of West Middlesex, Pa., bequeathed to the College a por t ion of his estate, which amount $200 became available in 1913. ' ' ALUMNI FUND At the annual meeting of the Alumni Association in 1910 it was decided t o r a ise a fund to be known a s "The Alumni Endowm~nt und." No limit was placed upon the amount of mon y to be raised but it was hoped that eventually nough would be contributed t~ ,•ndow a chair in t he College. This fund now amounts to $2,088.06, and much more has been pledged. PAGE NINE