STATEMENT OF THE S. D. A. EDUCATIONAL SOCIETY FOR YEAR ENDING JUNE 30, 1894

RESOURCES

Real Estate	$100,404.08
Personal Property	23,212.37
Personal Accounts	5,115.83
Bills Receivable	754.17
Total	$129,476.45

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LIABILITIES

Bills Payable (Notes bearing interest)	$39,680.53
Review & Herald (Account bearing interest)	6,136.52
Personal Accounts	1,334.14
Net Worth	82,335.26
Total	$129,486.45

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This statement does not include the addition to the north end of the College which has not yet been transferred to the general account.GCB February 19, 1895, page 221.6

Personal property includes library, museum, philosophical apparatus, furnishings, musical, school furniture, etc., etc.GCB February 19, 1895, page 221.7

It was voted, on motion of D. H. Lamson, supported by H. Lindsay, that the report of the Treasurer be accepted.GCB February 19, 1895, page 221.8

Prof. Geo. W. Caviness, the President of B. C. College, was called upon for remarks in regard to this college. He stated that during the twenty years since the school was started, 166 students have graduated from its various departments, and that at the present time more than half of these are actively engaged in the work of the denomination. A much larger number have attended for a time, and have gone out into the Lord’s work.GCB February 19, 1895, page 221.9

The College now has a capacity for accommodating about 250 in the Home, with recitation room in the College building for 1000. The present number in the Home is only about one half the number there is room for. It was felt that the subject of education needs to be agitated, and particularly the State of Michigan needs to be aroused to the interests of the school located within its borders, to the privileges brought to its doors.GCB February 19, 1895, page 221.10

With the right principles of living set forth in the Home, and the right motives prompting those in the school, there ought not to be a better school in the world than ours.GCB February 19, 1895, page 221.11

The importance of having manual labor in connection with the work of the school was presented, and the hope expressed that arrangements could soon be made whereby from three to four hours’ work per day could be furnished all students, that there should be no necessity of their living out of the College Home.GCB February 19, 1895, page 221.12

Prof. Frederick Griggs, the principal of the preparatory department of Battle Creek College, spoke of the work under his charge. He stated that ten grades of work were done, commencing with the beginner’s grade, where children are received at the age of five years, and including four primary grades, (Continued on page 244.)GCB February 19, 1895, page 221.13