The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1904-08-19
THAT COLLEGE PROPOSITION.
The Original Terms Submitted by Rev.
Holbrook.
Proposition

known as the Capital University. sub I
nit tho following proposition to the
Commercial club Of Guthrie. Ollahc-
ma, for the establishment OF a uni
versity Of higher education in the city
Of Guthrie.
The Commercial club are to provide
the following.
First; a suitable campus Of net
less than twelve acres In a body, also !
ten residence lots Of not less lhar
seventy-hve feet front, each adjoining
the campus
Second. To erect substantial
building of brick or one to be known
as Guthrie hall costing not less than
SIS 900. with tower and suitable bell
said building to contain an assembly
hall, and eighl recitation rooms, said
he'll and recitation rooms to be furn-
ished with necessary furnishings and
fittings for use and occupancy for the
purposes intended. Said building to
be erected and ready for occupancy
by June Is, 1905.
Third: Provide a temporary Office
centrrny located. Of two or more
rooms for the use of the corporation
from such time as it is ready to open
an onice until such time as Guthrie
hall is ready foi occupancy
Fourth Provide as soon as streez
railway system is put in the sIty OF
Guthrie, good AMI sufficient street car
service to campus.
Fifth Provide an endowment OF
ten thousand dollars, to be raised or
guaranteed 10 the university. or the
interest at six per cent. to be paid to
the corporation semi-annually On The
whole amount until the same is pro-
vided, or on such part as remains
unprovided at the time the university
opens for work.
Sixth: Pay to the corporation two
thousand i've hundred dollars CS2..
5000. payable as follows: $780, Sep
enber 1st, 1904; $1,000. January LIST,
1865; 81 600, April 1st. 1905. Thia
fund to be used for advertising print
ing. travelling and other incidental
expenses, together wi h salary of sec
retary aad financial agents while maxi
ing preparations for the opening Of
the university.
Seventh, Tile to the property to
be held in escrow, 10 be delivered to
the corporation upon the fulhllment 81
the contrac. on Its part.
In consideration Of the foregoing
provisions, by aud on the part Of the
Commercial club Of Guthrie Oklaho-
ma. the corpora ion to be known as
THE Capital University" agree to
provide 9nd perform the following
articles, to-wit:
To Incorporate. es ablish and main
tain for ten years an institution oi
Christian education. interdenomiua-
ional in character, to be located with
in and upon the aforesaid building
a and groundc to be provided by the
q Commercial club of Guthrie. to be
known as the Capital University
: which shall maintain four year courses
n in he college OF liberal arts leading
to tho bachelors. degree college o
l the Bible. college Of law. college 81
medicine, college Of music, CONNER
cial college and an academy, and q
; add from time tc time such other dc
partner s Of education as IN IS iudg
ment may become expedient
That upon the residence lots we vii
eject residences suitable for our owl
occupancy
That we viii do our bes to beautifi
and ircrease the value Of the campus
by planting trees. constructing walks
K drives, aud buildings.
That We viii keep the buildings Il
good repair. and fully insured in he
50 half Of ihe Commercial club of Cnth
{ rie during the period Of this contract
" That we will procure a library bulld
r. ing. gather and maintain library O
u not less than twenty-five thousan
IS volumes
IS That We win raise and dlsburs
ie an annual average OF not less tnai
e. twenty-five thousand dollars for tn
periol Of his contract, which shal
include buildings erected. teachers
r.. salaries. and current expenses. How
Is ever It is not to be understood tha
IS his is the extent OF our expectation
8, or the fun measure Of our efforts.
II That we viii establish ard maintal
a courses in agriculture and hoTticu
Q. turo II the Gu hrie Commercial clu
\ VIII procure for. and deed to the col
poration not less than one hundre
and sixty acres Of good agriculture
land ioca "a not more than two mile