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Show Memorial Chapel- Gunton -* <br><br> Washington, D. C., March 2, 1903. <br><br> To the Board of College Trustees, <br> Salt Lake City, Utah. <br><br> Dear Brethren: <br> By the sale of property the debt on the Temple estate has now been reduced to about $4,000.00, and it is consequently an easy matter to determine the remaining equity which the Trustees have in the Estate. Upon a fair appraisement it would appear that property remains to the amount of $55,000 to $60,000. <br> We have learned with pleasure of your purpose to proceed without further delay in the erection of the Memorial Chapel. In order that you may be fully apprised of the perfect and only understanding arrived at by the undersigned and the Board of Home Missions when the College was substituted Trustee by Decree of the Supreme Court of the District of Columbia, October 31st, 1899, in Equity Cause NO. 20861, we deem it wise and proper to briefly set forth herein the tacit agreement arrived at by the several parties interested in the friendly suit, viz; The Board of Home Missions of the Presbyterian Church in the United States of America, the several heirs named in Mrs. Temple's will and the representatives of Sheldon Jackson College, John Eaton and Sheldon Jackson. Throughout the preliminary negotiations from first to last your representatives in seeking to secure this property for the College never had anything other in mind than the securing of the Memorial Chapel as a College Chapel, to be located on the College grounds for the use primarily of the students and indirectly for the people in the immediate vicinity. It was believed that this College was, and would continue to be, engaged in true Home Missionary work, and that the use of the funds of the Temple Trust for a College Chapel and the endowment of a Pastor- <br><br><br> * handwritten inserts in the original typewritten document <br><br> |