IMPORTANT STATEMENT; In a circular letter, dated July 31st, 1890, the change which took place last summer in The School for Christian Workers was explained, and also the reasons for it. By this change that part of the institution which had preeviously been known as The Young Men's Christian Association Training School, was separately incorporated under that name. By this change a separation in the property and other financial interests of the old and new corporations has also been rendered necessary. And hence it has also become necessary to ask those who have hitherto contributed towards the maintenance of the two Schools under one corporation to indicate with regard to their gifts for the future, the direction in which they desire to have them used; that is, for the maintenance of which of the two Schools, or, if interested in both of them, how they would like to have their contributions apportioned between them. It may be helpful to those who would desire to divide their gifts between the two Schools, to state that as The Association Training School includes four fifths of the present student force, it is called upon to bear four fifths of the general expenses of the institution; on the other hand, its interest in the present school property entitles it to one third of the net income from the building. The old Corporation, or The School for Christian Workers, includes one fifth of the student force, and is therefore called upon to bear one fifth of the general expenses; on the other hand, it has a two thirds interest in the property, and consequently receives two thirds of the net income from the building. To defray the expenses of the two Schools for the current year, ending June 1st, 1891, it will be necessary to raise by subscription for The Y.M.C.A. Training School, $13,925.92; for The School for Christian Workers, $3573.40. We have only to add that for the men in both Schools there is an increasing demand, and that both Schools are becoming more and more helpful in meeting this demand, and will, therefore, we trust, meet with the encouragement which they deserve from their former friends and supporters. Oliver Morse. Jan 6, 1891.
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