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Page 17 text:
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350,000 subscribed, so that in the fall of 1872 the Rev. W. T. Stott, D. D., who was at the time a Professor in Kalamazoo College, was elected President, and with him as members of the Faculty were Professor R. J. Thompson and Professor J. E. W3ltG1'. There was little money' and few students, and sometimes a feeling of lonesomeness would really pervade the chapel and halls. But there was courage, and patience and perseverance pervaded the enterprise, and so the college grew year by year till it conquered the respect and gained the love of a large circle of friends. During President Stott 's adminis- tration the central building CStott Hallj was completed, many valuable improvements were made in the buildings Qlargely through the co-operation of Mr. A. A. Barnes, of Indianapolis, and Mr. Grafton Johnson, of Greenwoodj, an excellent library building was erected fthe means being furnished mainly by the E. H. Shirk family, of Peruj, three hundred and sixty-six young men and women were graduated, and at the end of his service of thirty-three years as President he was able to turn over to his successor total assets to the amount of SlS450,000. In June, 1905, Professor E. B. Bryan, LL. D., of Indiana University, was elected President, and his administration has already witnessed important steps in advance. Possibly the most important was the change in the form of organization of the college, the weaknesses of the stock association idea were plain to be seeng stockholders were dying and making no dis- position of their stock, and the time would naturally soon come when there would be no stable foundation around which to rally the interest and beneficence of the denomination. Accordingly, after much thought and exchange of opinion, it was decided to attempt the organization of a self-perpetuat- ing Board of twenty-four representative men to which should be transferred all the assets of the institution, and which would be held responsible for the maintenance and develop- ment of the College. lt was a measure that required much of wisdom and patience, and it was consummated, not only with- out opposition, but with the hearty approval of all concerned. Another step in advance is the erection of three buildings on the campus-a young women 's Dormitory, a Gymnasium, and a central heating plant. The Dormitory is modern throughout and will accommodate one hundred young women. The Gymnasium is large and well planned, and has some fea- tures not found in any other in the State, the heating plant fthe gift of citizens of Franklin and vicinityD is ample for heating all the present and prospective buildings on the campus. The whole outlook of the college, now in the seventy- fourth year after its founding, is one of hope for larger things.
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Page 16 text:
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CHANDLER AND BAILEY HALLS 16
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Page 18 text:
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1-.- THE MAIN BUILDING' Chandler l-lall Stott Hall Bally I-lall
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