THK DCrtJJ X1BIXS, KKNANSVIIXK, If, ?' THUESDAT, JANTJAEY 19, 1K1
k'loyienaha In JidfSouSh Plan.
Lig Liiparisiofl . Program In 1956
Presbyteriaiu in the South, mak
ing 1830 a year of (pecial emphasis
cn Christian higher education, are
launching a series of financial cam.
palgna that will, with drives already
. under way, give more than 137,000,
' COO toward capital development and
endowment of the 28 coUegea and
seminaries supported by the church.
jkTiU figure coven only campaign
I ready announced through 1968, al
Vough additional fund-raising ef
fort both before 1958 and after.
, ward are being planned v.
Announcement of this major ef
fort on the part of the 800,000-mem-"
bar Presbyterian Church, V. S. (Sou
thern), was made here today ; by
- - the denomination's Division of
, Higher Education, after compiling
rwuir ng ;'svnvf and Pres
bytery drive now Under way or
. planned. Dr. Hunter B, Blakely,
secretary of the division, stated that
the 19S6 year of emphasis and these
capital gifts drives, "will. seek to
call Presbyterians' attention to their
heritage of leadership in American
higher education which includes the
establishment of many of the very
of 49 out of 182 permanent colleges
founded in this country prior to
I860."
In addition to the $37,534,750 be
ing sought through current or pro
jected campaigns, the church will
continue its regular support to lb
colleges, amounting to an average
of $1,150,000, annuaUy. ; This will
provide an estimated $3,490,000
through 1958, .for current expense
expenditures. j,.w ; " '..tr- - .
The recent. X Ford V Foundation
grants of $2,235,900 to 15 of the
Presbyterians' four-year colleges In
the South will bring the total ex
pected to be made available to the
denomination's schools to $39,570.6a0
for capital development, and $3,450,-
i
ii
11
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MEMBER KDCtAt OIKMIt INSUKANCf COtfOtATION
Pink Hill, N. C.
000 for current expenses, or $43,020,.
850. This figure does not Include
most of the current expense funds,
approximately 80 per cent of which
annually come from student fees,
endowment Income, and non-denominational
support. .
Included In the over-all figure are
large amount already ; pledged to
the church's Negro cellege in Tus
caloosa, Ala.; to King College In
Bristol, Tenn.;y to Louisville and
Union Presbyterian ' Seminaries in
Louisville, Ky., and Richmond, JVa.i
and to Arkansas College, Batesville,
Ark.,. The pledge to Stlllman Col-
w ' Tuscaloosa, ' amounts to $1,
100,000. t, That to King College is
Strtto.OUO. Those to the seminaries
are $750,000 for Louisville, and $2,.
500.000 for Union. And to Arkansas
College, in a drive still continuing,
already $510,000 has been pledged.
Lesser amounts, ranging from
$125,000 to $375,000 have also been
pledged to development of Centre
College, Danville, Ky.; Presbyterian
College, Clinton, S. G; Southwest
ern at Memphis, Tenn.j Lees-Mc-Rae
Junior College. Banner Elk, N.
C; Lees Junior College, Jackson,
Kv.; and Austin Theological Semi
nary, Austin, Texas.
Largest major campaigns to be
conducted during 1956 will be those
by the synods of North Carolina and
Texas.
The North Carolina campaign is
being built .around the aoproved
consolidation of three institutions,
one a .four year, an the others two
year, colleges. A single molor co
educational four year college in
eastern North Carolina is planned,
with an initial drive for $3,000,000.
An additional $500,000 campaign in
North Carolina for support of West
minster Fellowships is planned.
Westminster Fellowships are the
church's program for students in
state-supported colleges.
The. Texas Synod campaign will
be for more than $4,500,000, with $1,
720,000 of the figure ear-marked for
Austin College at Sherman; $1,430,
000 for Austin Seminary at Austin;
$550,000 for Sehreiner Institute (a
junior college) at Kerrville; $125,000
for Wes'minster Fellowships, $250,
000 for a lay-woTkers' school at Aus
tin Seminary; and $200,000 for the
Pali-American School at Kingsville.
: Almost a fourth of the more than
$43,000,000 to be made available to
the Presbyterian schools is includ
ed in the long-range development
program for Agnes Scott College of
Decatur, Ga. This church - affiliat
ed, top-ranking girls school, began
two years ago a ten-year program
for $10,025,000. Of this, $5,927,610 has
already been received or pledged,
and it is believed the school may
possibily reach its full goal wit.hin
the period covered in this compi
lation1 by the Division of Higher
Education.
A number of financial drives for
the support of Presbyterian schools
are not. yet ready for announro.
ment, and others are already fully
charted, but will open after 1958.
Columbia Theological Seminary. De
catur, Ga.; Presbyterian College.
Clinton, S. C; and several synods
of the church are carrying through
long-range development nlans not
included in the ..over-all figures
here. Preliminary estimates ofe
mounts involved in these plans
range between $12,000,000 and $14,.
000,000.
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porn e.:o:cE im dep
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Hose Hill, N. C.
m
- . '.; ... I , .
I ANNOUNCEMENT 1
SiMtM!)ouglas
Fertilizers
IN PINK HILL
FOR ALL CROPS
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NOW READY FOR DELIVERY
PLACE YOUR ORDER EARLY.
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NEXT TO SCHOOL HOUSE
- OWNED AND OPERATED BY '
PAUL CARTER and AARON MURPHY
YOUR BUSINESS APPRECIATED . ,
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e
Special studies of Presbyterians
responsibilities and opportunities
in higher education are also pro
jected in the Synods of Missouri,
West Virginia and Virginia. Cam
paigns for an, estimated $5 to $8,000,
000 are expected to grow out of
these study projects. It was such
an exhaustive study in 1954 - 55
that resulted in North Carolina con
solidation and development plans.
Total capital gifts pledges already
secured, or to be sought through
1958, are listed below, by states, and
by schools. In many cases the fi
gure for a state or school repre
sents gifts coming from several sup
porting synods or from the entire
General Assembly of the Presby
terian Church, U. S. In almost all
cases the schools' development tar
gets are based on expected support
from alumni and friends as well as
official church sources:
ALABAMA- $1.3.VPO0, including
Assembly-wide pledges of $1,100,
000 to Stillman College, through
1956 and $250,000 pledged to South
western at Memphis.
ARKANSAS: $660,000, all to Ar
kansas College, and of which $510,
000 is pledged.
FLORIDA: $400,000, of which
$250,000 or more will go to Columbia
Seminary, Decatur, Ga.; and $150,
000 to Westminster Fellowship sup
port. GEORGIA: $10,525,000, of which
$10,025,000 is included in the Ag
nes Scott long-range program, and
of this $5,927,610 is already in hand
or pledged; $250,000 for Columbia
Seminary; and $250,000 for West
minster Fellowship work.
KENTUCKY: $4,900,000, of which
$2,000,000 is for Louisville Seminary,
with $750,000, already pledged, $2,
550,000 for Centre College at Dan
ville, of which $250,000 is already
pledged; and $250,000 pledged for
Lees Junior College, Jackson.
MISSISSIPPI: xi nnn nnn on n
be for Belhaven College, Jackson,
Miss.
NORTH CAROLINA: $7,465,000,
of which $3,000,000 will go to the
new consolidated college; $1,500,000
for Davidson College at Davidson;
$2,000,000 for Queens College in
Charlotte; $500,000 to the Westmin
ster Fellowship program; and $465,
000 to Lees . McRae Junior College,
Banner Elk. Of the North Carolina
total, $425,000 is already pledged.
SOUTH CAROLINA: $896,750 all
of which will go -to Presbyterian
College. Of the total, $126,750 is
already pledged.
TENNESSEE: $1,375,000 of which
$1,000,000 is for King CoUege, Bris
tol. A total of $890,000 of this a
mount is already pledged. The re
maining $375,000 in the Tennessee
total, is for Southwestern at Mem
phis, and has already been pledged
by the school's supporters in Texas
'($125,000) and Alabama ($250,000).
TEXAS:. $4,740,000, including $1,
720,000 for Austin College, Sherman;
$550,000 for Sehreiner Institute,
Kerrville, $1,930,000 for Austin Sem
inary, Austin; $215,000 for West
minster Fellowships; $200,000 for the
Pan American College, Kingsville;
and $125,000 for Southwestern at
Memphis. Approximately $375,000
li alreadv pledged.
VIRGINIA: $3,425,000, including
$2,500,000 pledged, and largely al
ready pafi, to Union Seminary,
Richmond, $500,000 for Mary Bald,
win College, Staun'on: $100,000 for
Westminster Fellowship work; and
$325,000 for Assembly's Training
School, Richmond. -- .
WEST VIRGINIA: ' $1,000,000. all
of which will go to Davis and El
fclns College, Elkins.
Of the $37,331,740 of capital gifts
being sought from the church and
Its friends, $13,194,360 has been pled,
ged; $14,140,000 will be asked In
1956 campaigns, and in 1957-58, $9,-
"Toil oow have $82,000.1
Would you care to try for thai
IncoHis tax m 164,000?
MOUNT OLIVE
SHOE SHOP
Expert Repairs
Quality Materials
160 E, Main Mt. Olive
Reasonable Charges -
997.390 will be asked. V
The . 28 Presbyterian institutions
for which the $37,000,000 in capi
tal gifts are being accumulated have
capital assets now of $71,e53.0X
which will v be increased by 50 per
cent or more under present pinna '
for the next three years.
I CECIL A. MILLER
g General Insurance
S Beulaville, N. C.
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Brown & Miller Co.
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