History of Bangor Theological Seminary

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By Canvass°^ July 25, 1861, $31, 083 had been pledged; $22, 643 had been collected; and the balance was con- sidered secure. Current expenses had been met and more than $24, 000 had been added to the permanent funds. Most of the money had been obtained in the first three months of the canvass. Financial conditions, induced by the war, had interfered with further successful work. It had been hoped, otherwise, to have completed the endowment, presumably of $50, 000 additional to that already in h...and, or a total of $100, 000, as proposed by Mr. Adams. A part of the above amount realized had been assigned to the " Indigent Students Fund, " a part to the " Contingent Fund, " a part to the " General Fund, " while a part was known as the " Buck Fund. " 18 In September, 1860, Mr. Richard P. Buck, Esquire, " a son of Maine, residing in Brooklyn, " New York, through Rev. Endowment Stephen Thurston, D. D. , of Searsport, Vice-presi- of the dent of the Board of Trustees, ^^ proposed to the Buck Pro- Board to give towards the endowment of a Pro- fessorship fessorship $5, 000, * payable in five annual instal- ments, or in cash at any time at his option, ^" provided the residents of Washington, Hancock, Waldo and Knox counties "Treasurer's report for 1860, p.

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