Taylor University - Ilium / Gem Yearbook (Upland, IN)

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rhe qEM LEGAL HUNDRED The parent governing board of Taylor University is the Legal Hund- red. Taylor University also is incorporated, its Trustees being identical with the Directors of the Legal Hundred, its officers also being the same, excepting that the president of Taylor University is president of its Trus- tees. OFFICERS W. G. NIXON, President B. W. AYERS, Vice President BARTON REES POGUE, Sec ' y. EDGAR C. COX, Endowment Treasurer EDWARD O. RICE, Treasurer DIRECTORS AND TRUSTEES E. 0. RICE, Upland, Indiana B. R. POGUE, Upland, Indiana W. C. GLASIER, Upland, Ind. W. G. NIXON, Detroit, Mich. EDGAR C. COX, Detroit, Mich. JOHN PAUL, Upland, Ind. B. W. AYRES, Upland, Ind. JOHN A. DURYEA, Upland, Ind. MRS. ELIZABETH STANLEY, Liberty, Indiana. Eighteen

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Administration

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of 1923 THE LEGAL HUNDRED The Legal Hundred, which is the parent governing board of Taylor University, has now had its second year of practical testing. The makers of our American government held correctly that new adventures in gov- ernment should be based upon actual experience and not upon abstract theories. The principal features of the Legal Hundred, including its name, were suggested to the present President of Taylor University by the Legal Hundred in England. That organization originated in the fertile mind of John Wesley as the legal person which should succeed him in holding and administering the property of British Methodism. Our Taylor University Legal Hundred is macle up of representative spiritual leaders from various States. It differs from an ordinary board of trustees or college directorate in the fact that its members hold office for life except in case of withdrawal, or dismissal for adequate reasons. The safeguards intended to guard the personnel and preserve the ideals of Taylor University will be seen in the Articles of Association pub- lished in the Catalogue. These are carefully and wisely worked out, and it has been said that the Legal Hundred plan has not been excelled, if it has been equalled, as a means, for perpetuating the ideals of an institution and saving it from the manifold apostacies and changes of sentiment which are liable to characterize the successive generations. The sacred old corporation of Taylor University continues as the legally recognized agency to administer the education and confer the degrees of the institution. The Legal Hundred is a parallel corporation for holding the property, administering the finances, and supervising the integrity of the school through the passing years. The Board of Direc- tors of the Legal Hundred and the Board of Trustees of Taylor University are one and the same. Their officers are identical at all points, save in the fact that legal authorities have ruled that the President of Taylor University shall act as President of its Board of Trustees, whereas the President of the Legal Hundred presides over the same body when they sit as its Board of Directors. The happy selection of Taylor ' s officials in the new organization and the success which has come to the newly ordered institution have served to establish a widespread confidence, and it is believed that the sails are set for a glorious dispensation of service in the history of the grand old school — a dispensation that will be noted particularly for its spiritual ex- cellencies, but will not be wanting in its respectability on the material and temporal side. Page Nineteen