The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-24
ENDOWMENT
Is SECURED
DR.. Pearson's Money Now in
Hands of Paramount COL
Iege Trustees
AMOUNTS TO S1O5,OOO
Subscriptions of Friends and
Or. Pearson Has Been Paid.

paramount college endowment has
been completed. DR.. D. K Parsons
money has been secured and Is now IN
the hands Of the trustees The total
endowment of the institution aggregates,
in cash and subscriptions. sleo.e"o The
first effort in the Accomplishment OF
great purpose has been brought 70 q
successful issue"
Such was the gratifying news given out
Yesterday afternoon By Mr. p i
Holmes. secretary and treas rer OF Far
mount college, he having Deen directed
by ne trustees 70 give this Information
to the public
In discussing the matter Mr.. Holmes
explained that the college was now on
substantial basis and that Paramount
hui was destined 70 De an important seat
Of learning. that the possession OF TINS
permanent fund would MAKE II more
easy 10 secure other large gifts, ana
that the college, which han already won
a solid and well uerited reputation for
high scholarship, would rapidly enter
into q larger nsId OF power and inTfu-
ence: that the permanent establishment
OF Paramount was a splendid thing Tor
wichita. not only would it bring hun
creds CT students but it would add much
TO the general culture and influence OF
the city.
In December a committee OF the board
/ Of trustees consisting Of Charles G. Conn,
H. w Darling. Scott e Whine and Dr
c. {. Sargent went 20 Chicago Tor the
purpose of comforting with Dr. D. h
Pearsons. Mr.. Cohl acting as the spokes-
man for the party. They were very kind
" received ythe Chicago philanthropist
and after carefully considering Fair
mount affairs Dr. Pearsons not only
( promptly paid over the generous sum ne
I had promised the Wichita institution. but
! volunteered another gilt of $500 On the
same conditions as the one just gwen;
/ that is the friends OF the institution
/ ralse an additional $500
! In the meantime President y. J. Morr1-
/ son. who has put in so much hard WORK
/ for the college. was busy in the farther
east. Through his efforts the CocGreS3-
1 tfonal Education society at Boston voted
/ 81 $50 10 Paramount for endowment pur-
poses. and 1900 for current expendi-
lures. The total sums which DR.. Norrl-
/ son secured in the east aggregates sSoeV-
| This sum. DR.. Pearson's gift and the
/ $50 go subscribed by Wichita fr1encs,
| constitutes the present enjoyment
| The president and trustees certainly
I deserve ongratulations for these achieve
nents The authorities Of the college
! have had i number Of important meet
! !ngs during the past week Plans are De-
! ing made for the enlargement OF the
/ the main building, the enlargement or
dormitory facilities and other necessary
/ improvements The board Of trustees OF
Paramount consists Of some OF the most
prominent business and professional men
/ OF the city. as will be seen by the fol-
/ lowing list. which includes all trustees re-
siding in the state They are;
I Charles c.. Cohn, \ c. Jobes. H w
| Darling. DR. y. J. Morrison, Scott E
/ Whine. r L Holmes, c. K Potts, j.
NJ. Knapp. DR.. E s. Sargent. DR.. W II
Graves. r Higefnson. Or. Geo. 2 lew
is II. s Hall OF Sedgvick, Geo Hunter
! Of wellington. Fl. E Thayer and y L.
| Redeem Of Topeka