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Page 21 text:
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The University of Cincinnati N his death, in 1358, Charles MeMieken bequeathed to the City 01' Cincinnati the greater part 01' his estate, valued at $1,000,000, for the purpose of instituting tttwo cutleges for the educatinn 01' white 1305's and girls. N tariy half 01' the property. given to the City. t 'as lost in 1860: and the remainder of the estate, lying in the vicinity 01' Cincin- nati, did not yield a sutiieient income to warrant the organi- zation ml the two enlleges. The revenue, for the next ten years, was devoted to the ittllll'OYtlthlt of the fund remaining. Under the State net 01' 1870. the University was in- corporated; students were first received in 1873, and in 1371 the Academic tkpartment was organized. The inennle from Mr. tt-Ieh-tieken's principal being inadequate for the growing needs of the University, the city undertook to support the institution. in part, by public taxation, and the tirst Uni- versity bond issue was made in 187.3. The subsequent loyal support of the lnxl'nlyers and the financial aid in the form nt personal bequests from interested members of the. C0111? munity has enabled the University to expand its educational activities to include in its organization with the MeMieken College of Liberal Arts, the College of Medicine. in 1896; the College of Engineering, 1901; the. College for Teachers, 1905; the Graduate School, 1906, and the College of Com- meree, in connection with the evening Classes in Liberal Arts, in 1912. The growth and development of the University has been renml'kahle and rapid; with HAlta Petitt, for its motto, ttEtiieieneyT ttPI'ogressfi and Co-opeiationti for its stand- ards, further expansion and a career of practical value to the. community which it serves, is inevitable. pngf' fll'lt'l'l'l
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