Simplify the following text for a Grade 8 native English-speaking person.
Original: William Jewell College in Liberty , Missouri purchased Spurgeon 's 5,103-volume library collection for Â # 500 ( $ 2500 ) in 1906 .
Simplified: In 1906 , William Jewell College in Liberty , Missouri paid Â # 500 ( $ 2500 ) for most of the Spurgeon library .