Term expires in 1916:

Rev. Edwin H. Jenks, D.D.
Rev. Matthew B. Lowrie, D.D.
Rev. William H. Kearns, D.D.
Rev. J. Frank Young, D.D.
Rev. James Rayburn...
Robert McConaughy, M.D.
A. A. Lamoreaux, Esq..
S. K. Spalding, M.D..
J. T. Bressler, Esq..
H. J. Stirling, Esq.

Term expires in 1917:

Rev. Thomas L. Sexton, D.D..
Rev. Albert B. Marshall, D.D.
Rev. Charles E. Bradt, D.D..
Rev. David C. Mackintosh, D.D.
Rev. Charles A. Arnold....
Robert Dempster, Esq.
H. M. McClanahan, M.D.
Charles W. Black, Esq.
J. H. Knowles, Esq.
R. C. Peters, Esq.

Term expires in 1918:

Rev. Harlan P. Carson, D.D.
Rev. Chas. H. Purmort, D.D.
Rev. Francis W. Russell, D.D.
Rev. Melvin V. Higbee, D.D.
Rev. Stanton Olinger...
Hon. J. B. Larimer..
Hon. Selden P. Spencer..
Hon. N. H. Loomis..
James Black, Esq.
W. J. Hill, Esq..

The following-named persons were elected members of the Board for the first time, at its last annual meeting: Revs. Melvin V. Higbee, D.D., Francis W. Russell, D.D., J. Frank Young, D.D., Edward E. Hastings, D.D., Phil C. Baird, D.D., Stanton Olinger, James Rayburn and W. J. Hill, Esq. At the same meeting of the Board, special notice was taken of the death of Rev. Robert N.

II. FACULTY.

Rev. ALBERT B. MARSHALL, D.D., LL.D., President and Acting Professor of
Homiletics, English Bible and Pastoral Theology.
Rev. JOSEPH J. LAMPE, Ph.D., D.D., Professor of Hebrew, Old Testament
Literature and Exegesis.

Rev. DANIEL E. JENKINS, Ph.D., D.D., Dean and Professor of Didactic and
Polemic Theology and Apologetics.

ture and Exegesis.

Rev. CHARLES A. MITCHELL, Ph.D., D.D., Professor of New Testament LiteraRev. CHARLES HERRON, D.D., Professor of Ecclesiastical History and Church Polity and Missions.

Rev. Matthew B. Lowrie, D.D., who has served the Seminary twenty-one years as Professor and ten of those years as President, has withdrawn from the work of the Seminary. His resignation has been accepted by the Board of been made Professor Emeritus of Homiletics and Pastoral Theology. Directors, and in appreciation of the valuable services he has rendered he has

SPECIAL LECTURES.

Rev. Herbert W. Reherd, D.D., President Westminster College, Salt Lake City, Utah: "The World's Challenge to the Theological Seminary."

Rev. Charles A. Arnold, Pastor Grace Presbyterian Church, Kansas City, Mo.: "Service, as seen by an Alumnus."

Ralph H. Felton, representing the Board of Foreign Missions: "The Call of the Mission Field."

Rev. Thomas C. Winn, D.D., Missionary at Darien, Manchuria: "Religious Conditions in Japan."

Rev. Henry C. Swearingen, D.D., Pastor of the House of Hope Presbyterian Church, St. Paul, Minn.: "The Minister's Preparation."

Rev. James Rayburn, Evangelist, Marshalltown, Ia.: "Effective Evangelism." Rev. William H. Kearns, D.D., District Secretary of Home Missions, Minneaoplis, Minn.: "The Country Church.

Rev. Charles F. Ensign, D.D., Pastor Presbyterian Church, Marion, Ia.: "Embracing the Opportunity.'

Rev. Leon D. Young, D.D., Pastor Presbyterian Church, Beatrice, Neb.: "Sermon on the Day of Prayer for Colleges."

Dan Crawford, Missionary in Africa: "The Preacher Potential."

Harry Monroe, Superintendent Pacific Garden Mission, Chicago, Ill.: "Paul's Testimony and Ours."

III. STUDENTS.

1. Whole number of Undergraduates enrolled, 26, as follows: (2) Middlers, 5; (3) Juniors, 11; Special Students, 3.

2. New students enrolled, 14, of whom 9 have college degrees.

(1) Seniors, 7;

3. The following-named students graduated and received diplomas:

nary support:

b. Total income-producing resources of the above for Semi

General endowment funds

$85,000 00

22,500 00 100,000 00

66

3,500 00

256 00

3. INCOME ACCOUNT:

a. Total income for the year, from sources named above......... b. Total income for the year, from other sources....

6,902 00

5,481 00

12,363 00

4. DISBURSEMENTS FOR THE YEAR:

For expenses of maintenance, scholarships, etc...

V. LIBRARY.

1. Whole number of books, bound volumes......

2. Number added during the year, bound volumes...

VI. GENERAL.

6,200 200

During the year, $15,000 were added to the resources of the Seminary. Two new Scholarships, one to be called "The Kitchel Scholarship" and the other "The A. B. Marshall Scholarship," were founded during the year.

Two bequests were reported to the Seminary during the year: one by Mrs. Captain John Stuart, of Audubon, Ia., of $5,000, and the other by Mr. Julius Tower, of Laurel, Neb., of $500.

It is the intention of the officers of the Seminary to seek large additions to the Endowment Fund this year.

ALBERT B. MARSHALL, President.