A Consecrated Life; a Sketch of the Life And Labors of Rev. Ransom Dunn, D. D., 1818-1900

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Ransom Dunn was one of these trustees, and from 1856 till his death in 1900 was always present at their annual meetings, attending thirty-eight out of the forty-three meetings. The occasions when he was absent were when away for health in the West or Europe, and when in later years a new law forbade members of the faculty serving on the board of management. When the first fac- ulty of the college were elected E. B. Fairfield received eighteen votes, H. E. Whipple seven- teen votes, Ransom Dunn
...and C. H. Churchill twenty-one votes, and all were declared unani- mously elected. Miss Delia R. Whipple was elected lady principal. The salaries were four hundred dollars to seven hundred dollars. Pro- fessor Dunn offered the following resolution : "That the principal of all funds raised toward the endowment of the college by donations or sale of scholarships outside of Hillsdale county shall be held forever sacred, the interest only to be expended." Thus was the principle estab- lished on which the college has been saved from shipwreck such as other institutions have suf- 128 HILLSDALE COLLEGE fered that succumbed to the temptation to use endowment funds for current expenses when occasion seemed to demand, and living within the income became the policy of the trustees.

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