Word: debts
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Dates: during 1890-1899
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...mass meeting of Yale students held last Tuesday night, all the property of the undergraduate athletic association, including the Yale field and boathouse, was turned over to the President and Fellows of Yale. The New York graduates have agreed to raise $8000, the amount necessary to pay off the debt on the Yale field, so that it can be transferred free of debt. This transfer of property was made in order to get rid of the existing friction between undergraduate managers, and also to lesson expenses by placing all the various managers' departments under charge of a single graduate secretary...
...following governing board was chosen: F. O. Byrd '00, H. Hawkins '01, E. Lewis '02, G. O. Clark G. S., and F. L. Higginson '00, member at large. Fall rowing will begin this afternoon with the calling out of the class crews. The club is now free from debt and has a surplus on hand. A competent coach will be on hand this afternoon to take charge of the work, and there is no reason why the Newell club should not this year play its full part in carrying out the two-club system which was so successful last year...
...time I took charge of the crew, in February, there still remained owing to the 'Varsity management $351.32 from our old Freshman debt of $765. For various reasons it seemed necessary to Captain Goodrich that the class should buy a new shell, and our position was still further aggravated by an accident to the barge which cost $100. Under the circumstances there seemed nothing to do but to collect as much as possible from the class This was accordingly done, and we raised $842.50, practically all of which was turned in before the Spring recess...
Under these circumstances it seemed reasonable to help the '98 Weld crew, which had gotten heavily in debt owing to a series of misfortunes culminating in their boat race. We felt justified in doing so, as the Weld cres are virtually second class crews and the money had been subscribed for class and for crew purposes. After paying them $134.73 there now remains $264.25 in the '98 crew treasury. Of this money a certain amount will have to be spent to meet unexpected expenses. The remainder, some $250.00, is still to be disposed of. It had been my intention...
During the past two years the Weld Boat Club has been doing a very valuable work for Harvard rowing. Their expenses have been proportionately heavy and they are now some $600 in debt. As the 'Varsity management feels unable to do so, I have been asked by Captain Perkins to help them with the surplus money left in the '98 crew treasury. This would seem to be for the best interests of Harvard rowing; but, as it is not for a class purpose, I do not feel justified in adopting it without first asking for an expression of opinion...