Our Presbyterian Educational institutions, [1913-1914] . [nstitutes; Seminaries and Academies. I \-< James Sprunt Institute, Period Covered by this Report. June, 1912, to June, MUM. Faculty.—Number of members 6 Land (17]4) acres and 3 buildings, value.$ 7, Furniture and equipment, value Library, GOO books, value Total property — t 8, Endowment. None. Indebtedness. Total Net Assets % 8, Gifts Received during Year % Expense of Maintenance: Faculty salaries $ 1, ( Ulier salaries All i ither expenses 2, Total expense — - * 4,4
Our Presbyterian Educational institutions, [1913-1914] . [nstitutes; Seminaries and Academies. I \-< James Sprunt Institute, Period Covered by this Report. June, 1912, to June, MUM. Faculty.—Number of members 6 Land (17]4) acres and 3 buildings, value.$ 7, Furniture and equipment, value Library, GOO books, value Total property — t 8, Endowment. None. Indebtedness. Total Net Assets % 8, Gifts Received during Year % Expense of Maintenance: Faculty salaries $ 1, ( Ulier salaries All i ither expenses 2, Total expense — - * 4, Income for Maintenance: From endowment $ Student fees 3, Other sources Total income 4, Students 41 Graduates 1912-13 Bible Study.—Required of each student half hour each week for four years. Alumna? since 1896: Foreign missionaries Other Christian workers Teaching Other professions Total graduates. Institutes, Seminaries and Academ] 11:. Peace Institute Raleigh, North Carolina For Women. Founded 1857. Government.—By twenty-five trustees, 2 elected by the Synod of North Carolina, 2 by each of the eight Presbyteries of said Synod, 7 by the officers of the First Church, Raleigh. PEACE Institute, founded in 1857. is the outgrowth of thegenerosity of prominent Presbyterians throughout theState of North Carolina, who recognized the strategicimportance to the Church of a high grade school for girls at theState Capital. Due to the crippling effects of theCivil War the institution passed intothe hands of a stock company, andfor thirty-five years (1872-1907), un-der the wise guidance of those dis-tinguished Presbyterian educators,Drs. Robert and John B. Burwell andDr. James Dinwiddie, it attained highrank among its sister institutions ofthe South. Six years ago when the continu-ance of Presbyterian influence wasthreatened the property was boughtby a committee of the First Presby-terian
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