The Southwestern Historical Quarterly, Volume 19, July 1915 - April, 1916 Page: 181
452 p. : maps ; 23 cm.View a full description of this periodical.
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Early Presbyterianism in Texas
unanimous vote, received, prospectively, and the members annexed
to the presbyteries within whose bounds they were. Prospectively!
you say, what is the meaning of that? Why, it is this; If the
General Assembly of our Church, and the United Synod to meet
at Knoxville next Spring, should form a union-then, this arrange-
ment will stand-if otherwise, then it becomes a nullity, and if
afterwards, our New School brethren, of this state, wish to join
us-they must come in "one by one, and two by Couples." Our
meeting at Palestine was very harmonious-very delightful! The
report touching the College gave great satisfaction. The Internal
condition as good as it ever was- And the Financial condition
much better than was expected. The property of the College,
valued at $62,000- Debt, 1st July last about $4,000-chiefly due
to teachers. Some 17,000 acres of land in all donated to the
College-of this, about 6000 acres have been sold for something
like $19,000. Since the first of January last---I have received
for the Endowment, by subscriptions, and sale of land, in notes,
to the amount of $25,890. (This is included in the estimate of
the property of the College.) The affair of Smith relinquishing
the land which had been sold to him for $5000-when Sorley
offered for it $15,000 was magnanimous, and I suppose you know,
that the Trustees, as a compliment, voted to each of the parties,
two Perpetual Scholarships-to be handsomely prepared on parch-
ment-and also voted that their names, together with the name
of the Rev. Benjamin Chase, should be written, in letters of gold,
upon an ornamented page of the Records of the Institution!
You recollect, my brother, you were one of the subscribers to
the endowment-the subscription $200-to be paid on, or before,
or after, the 1st Jany. 1861. The interest to be paid at the close
of each year. As we have given our notes with appropriate Cou-
pons-I have sent you the printed forms, which I hope you will
have the goodness to sign, and forward to me, by mail to Wheelock,
where I expect to be in about two weeks from this time. I have
also enclosed another blank note which I hope you will get Doctor
Red to sign-and, if Mrs. Lipscomb will see good to patronise the
Endowment Scheme-please let me know and I will, with pleasure,
attend to the matter, and that without delay. Heaven seems to
be smiling upon our College. And now is the time for all its
friends to do for it what they can. I am happy to say that our
prospects for obtaining Legislative aid, are better now than they
ever were before! Our new trustees are Col. Murray, Doctor
Lawrence, Col. A. M. Branch and our good brother Fullenwider-
yes, and also our good brother James Wilson, of Wheelock. Mr
Atcheson, Doctor Branch, and Mr. McGregor have been left out.
I did wish to pass through Independence, on my way home but,
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 19, July 1915 - April, 1916, periodical, 1916; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth101067/m1/196/: accessed April 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Historical Association.