mm
PAbE e—nft H^aAtb, Aliosiie, i>. C^MItESTbi^E VeAS 1959
Story of Chowan College: Continued
Picture of Reconstruction Times
(Continued From Fage 4)
repair, and to furnish the additional appliances demanded by
the progress of the age.
2. It is not right that a few individuals should bear the whole
expense of a public Institution in the support of which all are
equally interested.
3. It is not good policy, nor is it creditable to the two Associa
tions to allow an Institution founded by them to remain subject
to the contingency of passing entirely beyond their control.
4. This contingency exists, and becomes yearly more imminent
by the death of the original stockholders, and the passing of the
stock into the hands of those who may feel no interest in the
work of the denomination.
5. The property is worth much more than the sum necessary
to redeem it.”
Early Scholarship Plan Set up . . .
The Chowan Association met the next month. May, 1879, at Re
publican Church in Bertie County. On the first day of the meeting
Dr. R, R, Savage made the motiori that CBF Institute be made a
special order for the next day at 10 o’clock. Elder A. D. Cohen, Wind
sor, pastor of the Republican Church, read his report on CBF Insti
tute. Excerpts are given from the report:
“During the present year the school has enjoyed almost
uninterrupted good health, for which we are proudly grateful,
as this enables the work done to be of a more excellent character,
and established the healthfulness of the location.
“The scarcity of money has diminished the usual number of
pupils in attendance, yet the same faculty has been on duty, and
the advantages have been concentrated on the few that would
otherwise been bestowed on the many.
In view of the hardness of the times, and the probability that
many girls, bright, intelligent and worthy, will be deprived of
the opportunity of obtaining an education at home; and in view
of the cheering prospect opened to us by the magnificent charity
of the stockholders, relieving the Institute almost, if not entirely,
by generously canceling their claims, we would recommend that
a committee be appointed, to report at this session, some plan,
if possible, by which many poor girls may be enabled to avail
themselves of the most excellent opportunity to prepare for
future usefulness by being permitted to enter the Institute as
beneficiaries.”
This report was discussed by Elder McDowell, Bro, Delk, Elders
Hufham, Bailey, Reuben Jones of Virginia and adopted.
Elder Savage then submitted the following report, which is given
in full because of its importance:
“The committee appointed to suggest a lilan to meet the prop
osition submitted by the stockholders of Chowan Baptist Female
Institute at your last session, submit the following:
Committee met at Chowan Baptist Female Institute on June
25, 1878. After various plans were submitted and discussed, the
stockholders then present made the following proposition: That
they will donate the stock held by them to the Baptist Denomi
nation, on condition that they receive a certificate entitling them
to keep one indigent young lady at Chowan Baptist Female Insti
tute perpetually, fees of literary tuition, for each $1,000 of stock
donated. The present indebtedness of the Institute is to be paid
with the debts now due it
The stockholders present contributed stock as follov/s: W W
Mitchell, $4,000; M. R. Gregory, $1,000; J. W. Mitchell, $500-
L. T. Spiers, $250; J. W. Barnes, $250; A. McDowell, $500; Annie
S. Askew, $500; John Mitchell, $1,000. All bearing interest from
February 12, 1869.
Two stockholders .relinquished their stock on condition that
they receive $100 annually in tuition at Chowan Baptist Female
Institute until their stock, without interest, shall have been
absorbed, vis: W. T, Brown, $500; Wiley Riddick, $340.”
The above included all the stock except $1,500 belonging to the
estates of James Mitchell and W. S. Tayloe, deceased, The present
liabilities of the Institution, arising from current expenses, were
about $4,000; the assets in bonds and accounts, about $16,000.
“The motion to receive the report was discussed by Elders Mc
Dowell, Bailey and Savage, and carried.
Resolutions Are Discussed . . .
“In connection with this subject. Elder Cohen offered the fol
lowing resolutions:
Resolved, that we appreciate the noble generosity of the
stockholders of Chowan Baptist Female Institute in sustaining
the Institute for sb many years, and for their recent act of un
precedented liberality in donating their stock to the Baptist
Denomination.
Resolved, that while we cordially acquiesce in their proposal
to give the institution to the Baptist denomination instead of the
Chowan and Portsmouth Associations, we shall always feel the
same lively interest in its prosperity and success, and we
cordially commend it to the liberal support of the Baptists and to
the friends of female education everywhere.
Resolved, that we appoint nine brethren as trustees to receive
and conduct the Institute in the future; the trustees to have
power to fill vacancies between the sessions of the Chowan
Association.
Resolved, that all vacancies shall be filled from persons
nominated by this body at its annual sessions.”
The resolutions were discussed by Elders McDowell, Hufham,
Overby, Hoggard, and brethren L. Tayloe and B. B. Gillam. After
an intermission of an hour, the resolutions were further discussed
by Elders Hufham, Babb, B. Gillam, and L. Tayloe, and adopted by
a rising vote.
The moderator appointed D. P. Daughtrey, J. M. Morgan and A,
McDowell a committee to nominate the nine trustees voted in the
resolution. That committee reported the next day as follows:
R. R. Savage, J. W. Mitchell, J. S. Mitchell, John A. Vann,
W. C. Parker, R. R Overby, Mark R Gregory, W H. Manning and
Edward Pearce.
The report was received and these brethren were requested to
meet the stockholders at the Institute on Tuesday, June 24th, nex,
month, 1879.
The stockholders met as appointed at the Institute on this date
and the trustees met with them. This is the last meeting of the
stockholders. The following resolutions were adopted:
“1. Resolved that the members of the Executive Committee
who have served this board, be paid $4.00 per day for the time
given to the service, provided there shall'be sufficient collected
of the debts now due the Institution, after paying the debts
now due by the Institute.
2. Whereas the Chowan Association at its last session, did
appoint certain brethren, (names given above) for the Baptist
Denomination, when it shall be transferred to them by the pres
ent stockholders; and whereas certain conditions proposed by
said stockholders to the Association and recorded June 25, 1878,
have been accepted by the Association; therefore resolved, that
the said property be and is hereby transferred to these brethren
when they shall have been legally authorized to take the same
in trust; and resolved, further, that we hereby authorize and
empower the president and secretary of the company to sign
in behalf of the stockholders the legal papers necessary to effect
the transfer.”
W. W. Mitchell was the Chairman of the stockholders and A
McDowell was the secretary during the ten years operation by the
stockholders.
See CHOWAN. Page 7
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