The Albany register. [volume] (Albany, Or.) 1868-18??, 1876-06-30
srcaa1NNyII.LE COLLEGE.
NicalNvvrE1.E. June 1o'h. 18i

EDITOR IEGISTER:-TIhe exercises at tne
close of the session of the Baptist College
Il our village We're very interesting. On
Thursday evening at an early hour the
Christian Church. a commodinrs building,
furnished for the accommodation of the
College, was crowded with anxious spec
tators. At the time appointed the pro-
graume was announced by President
Baily, opened by singing. worship the
Iord.'' an accomplished lady presiding
at the organ. Prayer by the Chaplain.
Elder T. c. HILL Determinations delivered
by several Young gentlemen conld scarcely
be surpasseI-they were delivered with
uniform correctness of elocntion. rejecting
honor on the students and the highest eu-
loginm on the teachers. The young ladies
performed their parts with marked ability.
delivering beautiful essays and reeitations
with such energy that their friends could
but feel secret pride. All felt charmed
with their success. President Bailv, hav-
ing sometime past resigned bis position,
the College has for several weeks been ably
and satisfactorily conducted by efficient
Young gentlemen. ProfS. MagerS and
Woody, who proved themselves to be
very competent educators. The exercises
were complete success; spectators were
delighted. Every intelligent person pres
emf realized that the College was an exceed
iuglv important institution. and that all
the means expended returned donblc COM
pensation. in developing the intellectual
and moral power. of greater value than
gold TO our young State.
The next session of the school will COM
menee on the 4tb day of September next.
The annual meeting of the Trustees was
held in one of the rooms. Reports of Pro-
fessors, claims of liabilities examined. It
was ascertained that the liabilities of the
school are heing considerably reduced. If
delinquent tuition bills were collected. with
the remaining interest on endowment
funds, there would he but little financial
embarrassment. The report of the ffnan-
| cial agent. showed that during the year he
| had increased the endowment several hnn-
| dred dollars in reliable notes. the entire
| amount of the endowment heing $50. 600
Though some reduction will have to be
| made for bad debts. yet we NAV safely
estimate near SIS. 900 in reliable notes.
| The endownents exceed $40. coo. the
| amount stipulated in the subscription. by
several thousand dollars. Every year tlie
| Financial Agent has made his report of the
! amount collected or subscribed by different
persons. including the trip East, and the
| Trustees stipulated the amount of his
salary. but he had not required payment
| because the Institution in its infancy laborel
under some eml,arrasSments. The Trus-
/ tees, at the last meeting. made arrange
ments for his ert:ire payment for previous
services in raising the endowment. he
having tlouated to the College $4,000 in
I the form of scholarships. having taken for
his own use one scholarship. and three
scholarships for the benefit of ministers or
ministers families. The latter scholarships
the Financial Agent has at his disposal. to
designate the b.nef ciary. Atrresent three
young men are receiving tie henefit-one
from Linn Co.. one from Mnltnomah ard
| Mr.. CLARK, from w. T.
| Subscriptions are being circulated fer
money for n new college building.
r. c. HuJ Financial 3Genf