Pacific Lutheran College Bulletin Puhli,:h('d qU:J.ttt'fiy by P:J.cific LlItllt'ran Collc/;l' ;H T:lcoln::t and P.ll"kl::llld. \"(i;J,shilll�ton Enu'r('c\::u: sO'cond l6, 1917. :it L1uo p(l,�lorrin' :H T.:twlll:J.. \X!a�llIllgLon. lind,· .. chi' An of AUf!lL.�t :24, 1911...
d�\�,; m,]tf�r I\pril
V
L.X
FE
CO
3NTS
The p. cific Luther, n ColIn, � end, •
I.
No.4
RY. 19�1
wmenr
rund.
The Year's Progress.
,
The Proposed
4.
Progres, in
5.
This Year's
THE PAOFI
D ormitory For iris. y nod ical ooperation. Hurdle Must Be Cleared!
.
U THFRAN COLLEGE EN
Of/gill <111£1 efforts of
OWMENT FUND
I,e
F,)llowing upon the preliminary
til(' Fall of 1925, th� en dowment ap and summer of 1l)27, under th� direction of Dr. O. H. Pannkoh. sponsorship of Presid 'ne O. . 1. Ordal and Field Agent Geu. Henriksen
pe-al of the spring
:mJ under the of the _ollege,
produced pledges in the aggregat· amount of $290,0011.
to the many Pacific Coast worker·s, mort'
their services
gave
than
Tn additiou
thirty men rrum the Middl e W,'St
in this cause.
Pur-pos and Necd The
main
come from , stability ,'ear.
a
purpos e
permanent
sufFiclCnt
• A fixed 111-
Endowment Fund is to ins ure stability.
the fund
of
�atisfies the demand of
to the m a intenance of
high
ccreditation authorities for
standards of work from ye a r
to
In educational circfes in t he State of \Xiashing r on , �25(),OOO is regarded as
the minimum fund for satisfyi ng this ne ed , in rhe case of a junior col le ge ; in rhe case of a se nior (four-ye:H) col I gc, this minimum is %5(lO,nnn.
Nature of the' Pledge Each pledge to
the Enduwment Fund is a promise to pay to Pacific Luthaa!l _ullege a stiprd�tl'd sum in ,pprcciaticlIl of th value of P:'lcific Lutheran Col lege in its work for Christian education and state-accredited courses, said promise being made "in consideration of the gifts of others." ohlir;ation,
rlw
College
p ref e rs
\'Vhilc the pledge is
accordingly trusts til<' make r of rIp pledg... to p, y w hen
possihle. Ie is :dso :'lgreed in C'lIrrent l11alnrenanct' C:'.xpenses.
a
lega l financial
to tak e the evangelic::d, Christian point of view and ord mak ..s it
and as the.
the pledge that dw Colleg!' may lise 1 '5�.�
of
it for
Adlllill;,·!r<l!ioll uf !he FUlld or Trustccs of the College is l e gal l y resplH1sible ror the :ldll1inistr ation of rhe Endowmcnt rund. The Treasurer of the Fund is Mr. He rman E. Anderson,
TIle bmr·d
President of \Vashingron Hardware Company_ Tacom ,Washington. direction l'vIr. Ludvig
Larson,
Business l'vl an a ger
DJ.vis, Secretary tl t he Bus i. n ess
nected
with the administration
lection
of
the
of
Ma na ger. take the Fund.
und is in rllt' hands
uf
uf
th
care
College, and
of
the business
Unde r his
l'vlrs. Esther de taib con
Beginning February I, 1031, the col
l'vIr. Paul A. Preus, furmerly Director and
Trl'::t'irn'r "f th� Fl'dnal Land B nk "f
Sr.
Paul, l'vlinncsora,
and
1l1')[.�
rc .. nrly