East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-06-15

One hundred thousand dollars for
Pendletons Junior College!
This is the slogan of the campaign
inaugurated in this city this afternoon
for the old Pendleton academy which
hereafter is to be a junior college.
Rev. Edward NJ. Sharp, d. D., pas
tor Of the Mt. Tabor church in Port
land and Rev David A. Thompson,
pastor of the Spokane avenue, former
ly the Sellwood church, arrived last
evening from Portland and Will have
active charge of the campaign. They
will be assisted by members of the
board of trustees, the commercial as
sociaton and local business men gen.
orally.
These men and President Bleakney
OF the Junior College met last eve
ming with ]. V. Tallman and G. NJ.
Rice of the board OF trustees and w
l.. Thompson, Ben Hill, Charles Bond
Clarence Bishop, Will Ingram. Harry
Gray. Judge stephen \. Lowell, Leon
Cohen Mayor f. j Murphy and
Councilman w Il. Brock, represent
ing the Commercial association. A
second conference is to be held with
these men this evening.
To End Annual Begging.
The plans which have been adopt
ed as-u-rcsuft- or fust rights cunfer-
ence and much study and thought
provide for raising a 100000 endow-
ment fund for the local school This
will put the institution on a firm
basis and will put an end to the per-
petual begging expeditions from year
to year which have been necessary
in order To provide maintenance eX-
penscs The fun amount is to be
raised in installments and no pledge
is to be binding until the first S25,-
600 is subscribed.
The pledge which each donator
makes is so worded that he does not
pay the amount pledged until his
death or at any time in the future as
he may designate II that is his desire.
The only present payments he is ex-
pected to make is interest at the rate
of six per cent. payments to be made
in annual semi-annual or quarterly
installments, just as the giver speci-
fies In this way the institution is
saved the trouble of seeking an in
vestment for the money and the man
giving il has the use Of II so long as
he lives.
Copy of Contract.
The following is copy of the con-
tract:
"In consideration OF the benefits
which I. as a citizens of Umatillf
county, Oregon, shall derive from Tho
endowment of Pendleton Academy
and Junior college, I promise TO pa,
toward such endowment. ........
dollars payable at or before time o
nv death with interest at the rate
of six per cent per annum; payable
quarterly. This contract to become
binding when the sum of $4,000 has
been raised
1t is expected that the first $25,
600 will be raised easily within th'
next two or three days.
Benefit to City.
In speaking of the benefits which
the city derives from the institution
DR. sharp said: THE Pendleton Ju
nior college means at least $25,OO'
or $4,000 annually to Pendleton
President Bleakney tells me that l.
families moved to Pendleton last fal
to send their children to the school
Each of these families spent at leas
$500. You can easily figure it on
for yourself. There were 100 stu
dents enrolled in the institution. o
this number SO were from out of th'
city and they were compelled to leav'
at least $3.50 each here.
But the institution not only bring
in additional families but 1t keep
some here who would otherwise NOV
to Walla Walla or some other city t
send their children to school,"