New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-04-20
MONEY MUST BE RAISED SOON
BARNARD COLLEGE TRUSTEES TRYING TO
RAISE $65 00O
THAT AMOUNT NECESSARY BEFORE MAY 10. ELSE
GIFT OF 100000 WILL BE LOST
TO THE INSTITUTION

A GIFT OF SlOO.UOO WILL BE LUST
TO THE INSTITUTION.
The Trustees Of Barnard College have been ex-
ceedngly busy for the last weeks. Within that
time they have received in subscriptions from a
number OF public spirited people the of So.
0Oo which Is part Of the amount of 100000 II is
necessary for them TO raise before May 10, In
order to prevent the financial interests of the COL
legc from suffering serious injury.
Nearly four years ago friend OF Barnard Col
lege offered to its trustees gift OF 100000. the sum
to be applied to the erection Of building provided
that at the expiration OF four years the college
should be in unencumbered possession of n piece OF
ground suitable for the site OF the building thus
made possible The name OF the person making this
generous offer disclosed TO only of the
trustees and it still remains a secret.
The amount was 10 be paid In four instruments,
the last payment coming due May 10 of this year.
The trustees their part purchased last spring a
plot OF land at the Boulevard and one hundred-and
twenteth-st., near the Columbia College site and
the Teachers College. with both OF which insttu-
lions Barnard College has affiliations The lot is
20x10o feet In size and cost $4,000. or this sum
100000 Was paid the time of the purchase and a
mortgage given for the balance Of 100000
The mortgage in itself is not considered heavy
burden. for the interest upon 1t Is less than the
amount paid by the college for the accommoda-
ton OF It's classes but 1t is nevertheless necessary
TO get rid of II in less than three weeks In order to
comply with the terms upon which. nearly four
years ago. the OF $4,000 offered. Generous
friends OF the college have. as already told con-
trbuted 200 of the necessary 100000 within the
last fortnight. Mrs. T. p Olcott gave 5000 In the
hope OF encouraging nineteen others to contribute
an equal amount and thus raise the entire 100000
Jacob II. SchiN followed with a gift OF 5000 and
two anony nous friends added $4,000 more apiece.
while on Saturday J. Is. Bloomingdae brought the
up to $500 with q subscription OF 5000
This leaves the sum OF $4,000 yet to be raised In
the short time OF less than three weeks The frus-
tees are doing everything in their power to accom-
p,sh the task before them, and II u evident mat
much depends upon the success of their Efforts
One OF the trustees said TO Tribune reporter
yesterday afternoon IF succeed In the effort
we are making we believe that this college Will
be placed upon such sound basis that It's develop
ment Will be rapid and wholesome. But u we ran
that development will receive serious check
A gift of 5000 VIII make the gyer FOUNDER OF
the college Smaller sums. however. VIII pe VIZ WI
come. Besides those persons before mentioheu one
following men and women have generously con
trbuted toward the purchase OF tie iana .hrs' r
7. Olcott an additional 500: Mrs William r.
Dodge, 500; Miss Mabel sade 500 o Morris sol n
Tu.itSer' $500; Mrs. v. a. Caudwell, So Mrs ~
nous m nuf friends 5000 each and stl another $3.50
The college has already In i,s possession slvep
syn hI the erection 81 ana who has also s
$40 900 without interest toward the 5000 the trus
s Zion "I lamb Rch the architects are now en-
gagged upon the plans OF The building winch en-, mas as
been mus unCJnu4llOHa4y biftH' anu wv WIZ ~
completed within few weeks. ~,
1he trustees plan. II they succeed In raising inc
necessary money before May TO- to have the initial
building equpn eni OF Barnard College consist OF a
hal! Of sciences and hall OF arts. go
Tho ofncers OF the college are as follows: Vice
chairman Mrs Joseph II. Choate; secretary, iian-
ton " Mablc; treasurer. q. a. PNmpion NO; 10
East Thlrty-nfih-st Among the trustees are Mrs
Alfred Meyer. FREDERIC Il. Coalert. j. H. scn M!
Mrs beamy Mrs Wn'Tb5os5 c0Mi ss Jean
netie l. Glider Mr.; cherG, ISn ar, M M,. I9usn
rollins Mrs A. -. Shepard Mrs. Louis Tiffany.
Mrs Schuyler Van Rensselaer,, and william Wood
Hiss Emily Smith Is dean and Mrs. y. ". lis-
Is rcC.strar.