te of the college, was elected to occupy the presidential chair.
It was not a position to be sought after since it had been filled for
thirteen years by the senior bishop of the Church, but Mr. Lee was the
choice of his official brethren and so was elected. President Lee is a
native of New Jersey. He is about the medium height, well knit, of
light complexion, dark hair and beard of the same color that covers a
face handsomely moulded. He is plainly a man of excellent traits of
character; he is somewhat bald and has a finely-cut head, broad and
massive. He moves quickly, and impresses one as a man who is armed
with a large amount of executive tact. His face is of a thoughtful
cast, and does not change much when he laughs. There were many
difficulties to hinder his administration when he took charge, but he
surmounted them all. Under his administration the institution has
grown financially and numerically.

The following report shows the financial condition of the college at
the present time.

RECEIPTS.

June 20, 1880.

Balance in Treasury, Avery Fund $10,000 00
" " Rust Prize Fund 100 00
" " cash 63 82
----------
Total balance $10,163 82

RECEIPTS.--(_Continued._)

Balance $10,163 82
Received from Financial Secretary 200 00
" " tuition 1,604 49
" " dormitories 525 80
" " Unitarian Association 600 00
Received from loans 100 00
Received from interest from Avery Fund 800 00
Received from interest from Rust Fund 8 00
Received from General Agent 150 00
" " contributions 232 00
" " Philadelphia Conference 52 95
Received from Illinois Conference 30 00
" " bequest of John Pfaff 602 08
Received from miscellaneous 407 64
-------- $5,312 96
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Total receipts $15,476 78