The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1913-12-29
EARL HAM GETS THIRD
: OF DESIRED FUND
White Estate Furnishes $685.
600, Guaranteeing
$4,000.
MAY ASK FOR TIME
Strong Probabilities of a Pro
Rate Settlement Is Now
Evident.
MAY ASK FOR TIME

Far1ham college has raised 700
by subscription, in d special campaign
for the Earlham endowment fund and
now has adopted the slogan, THE big
gest sum possible before January l."
in its endowment fund campaign for
$325,000 to secure an offer of $4,000
from the General Education board.
President Kelly announced today that
100000 is expected to be the amount
of the subscriptions by January
when the time limit for raising $685.
900 expires
The board of trustees of the college
will ask an extension of time in which
to secure all funds available in case
the education board decides to close
the contract on prorata basis.
The trustees of the college here re-
ceived check for $4,000 from the es-
tate of Mordecai Morris White, the de-
ceased Cincinnati banker and Earlham
benefactor. 1t had been said that in
the division of the estate, Earlham
would receive only small share of
the amount set aside by Mr. White in
his will.
To give the citizens of Richmond an
opportunity to aid the college, sub
scriptions will be solicited from
friends of Earlham. The subscriptions
will be payable in five years and in
case the general education board
grants the college an extension of
time to raise the remainder of the
$325,000 fund, these subscriptions will
be void at the option of the donor.
Since Saturday, $4,000 has been rails
ed in this way.
$325,000 we first set out for" Presi-
dent Kelly said today. I'VE hope that
the education board will grant us the
time extension although the offer to
close on a prorato basis is a generous
one. We had already been practically
assured of receiving $4,000 if we rails
ed 1925, 900.
1--WE are pleased with the way Rich
mond citizens are showing their ap-
probation of the college. Many know
nothing about the opportunity they
have to benefit the college now but we
will advertise it as far as possible be-
fore the first of the year.
President Kelly stated that since the
check for $4,000 was received from
the White estate. placing the college
in a position to get the $4,000 from
the educational board, the labors of
the campaigners will not be lessened
but every worker will try to add to
the amount already realized.
Before his death, $4,000 had been
given the present fund by Mordecai
M. White, $25, 900 in 1911 and the same
amount in 1912, making SIS, 900 he has
given the endowment fund. 1t has been
estimated that he and his brother gave
between 100000 and 100000 to Earl
ham college while they lived.
President Kelly said today that the
amount he gave as the endowment
fund, did not include what had been
raised by Field Secretary Nicholson
who has not made a report of his last
weeks work and that probably more
than $4,000 is the amount of the
fund.
The work will close at midnight New
Years Eve when all agents will pre-.
pare reports of the work they have
done. The greatest effort of the cam
paigners is being put forth now and
will be continued Tuesday and We'd
nesday.