SECOND ANNUAL MEETING OF THE S. D. ADVENTIST EDUCATIONAL SOCIETY

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Seventh-day Adventist Publishing Association · Battle Creek, Mich. · Oct 5, 1876

FromReview and Herald, Vol. 48, No. 14.

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SECOND ANNUAL MEETING OF THE S. D. ADVENTIST EDUCATIONAL SOCIETY.

The meeting was called to order by the President, Eld. James White, on the Lansing Camp-ground, Sept. 22, 1876, at 2 P. M. Prayer by Eld. C. W. Whitford, President of the Milton (Wis.) S. D. Baptist College.
An able and interesting address was then made by Prof. Brownsberger, after which the meeting was organized by calling for the stockholders present. Ninety-four responded, representing six hundred and thirty-nine votes.
Minutes of the last meeting read and accepted.
Treasurer’s report presented as follows:—
College Treasurer in account with the Battle Creek College for the Conference year beginning Aug. 12, 1875.
Rec’d on pledges, $6195.55
“ “ tuition, 1378.92
“ “ apparatus fund, 529.25
“ “ sale of lumber, 1113.84
“ “ other sales, 103.84
“ “ account, 90.78
“ “ borrowed money, 2342.55
Total, $12,354.73
Paid for improvements on building and ground, $2184.04
Paid on acct’s and deposits, 915.57
“ “ incidentals, 525.98
“ “ apparatus, 1175.15
“ “ teachers’ salaries, 2136.00
“ “ janitor’s wages, 237.00
“ “ fuel, 263.57
“ “ new buildings, 4267.69
Lumber for new buildings, 649.73
Total, $12,354.73

INVENTORY.

The valuation of the property of the Educational Society is as follows:—
Real estate—College ground, $12155.00
College building, 27848.32
Real estate—detached lots, 4725.00
Value of seven new buildings, 6827.05
Lumber on hand, 96.00
Total, $51,651.37
The Society owes as follows:—
On book account, 11651.26
On new buildings, 1709.63
Total, $13,360.89
Assets after all debts are paid, $38,290.48.
JAMES SAWYER, Treasurer.
The following persons were then nominated and unanimously elected as trustees of the Society for the ensuing year: James White, U. Smith, S. N. Haskell, J. H. Kellogg, S. Brownsberger, C. W. Stone, W. J. Fairfield.
Adjourned to call of Chair.
JAMES WHITE, Pres.
U. SMITH, Sec.