Boston University - HUB Yearbook (Boston, MA)

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30 BOSTON UNIVERSITY YEAR BOOK. IV. Any person or persons who will give or bequeath to the Uni- versity a sum not less than ten thousand dollars to founda University Fellowship or Lectureship in any department shall have the privilege of naming such Fellowship or Lectureship, and of nominating its first incumbent. V. University scholarships in the different departments shall be of three different classes - first, second, third, according as the endow- ment is three thousand, two thousand, or one thousand dollars, and any person or persons founding a scholarship of any class, or in any department, shall have the privilege of naming the same, and of nom4 inating its first incumbent. FORMS OF BEQUEST. I give and bequeath to the Trustees of Boston University the sunt of thousand dollars, to be applied at their discretion for the general purposes of the University. I give and bequeath to the Trustees of Boston University the suni of thousand dollars, to be safely invested by thern and called the Scholarship Fund. The interest of this Fund shall be applied at their discretion, to aid deserving students in the College of Liberal Arts for other specijied departnientj. I give and bequeath to the Trustees of Boston niversity the surn of 5 thousand dollars, to be safely invested by them as an endowment for the support of fa Professorship of 1 in the University la Lectureship in the School of , a Fellowship in the School of Arts and Sciences, etc. 1. '

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THE CONVOCATION. 29 NEW FOUNDATIONS. v Additions to the funds and appliances of the University are much needed. To equip the institution according to its real necessities, resources far greater than any now possessed or promised will be absolutely required. No department is yet by any means adequately endowed. The Trustees cannot doubt that public-spirited men and women will gladly aid in creating the needed facilities. The spirit of cooperation al- ready manifested, not only by the citizens of Boston, but also by friends of the institution throughout New England, and from beyond the boundaries of New England, is an assurance that the highest hopes of the founders of the University are in time to be surpassed, and far surpassed, by the reality. But while no apprehensions can be felt about the remote future, and while individuals are now giving with a generosity worthy of all praise, it should be remembered that with insti- tutions, as with men, opportunities inestimably precious, if not improved at the time, are often forever lost. The following is an extract from the General Statutes of the University. NEW FOUNDATIONS.-' I. Any person giving or bequeathing to Boston University a sum not less than one hundred thousand dollars for the purpose of establishing a new department, or for the general purposes of the institution, shall receive the title of Associate Founder of Boston University, and be published as such before the list of Trustees in the Year Book of the University. This amount may be given at one time or at different times and for any purpose or purposes approved by the Trustees of the University. II. Any person who may give or bequeath to the University, for any purpose acceptable to this corporation, a sum not less than seventy- five thousand dollars shall receive the title of Honorable Patron of Boston University, and be duly published as such in the Year Book of the University. III. Any person or persons giving or bequeathing to the University a sum not less than fifty thousand dollars for the purpose of establish- ing a Professorship in any department shall have the privilege of giving name to Such Pmfeggorghip. In like manner a gift or bequest of not less than twenty-five thousand dollars, for the purpose of founding an Adjunct Professorship, shall entitle the giver to the same privilege.

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THE COLLEGES