1903-04 Volume 28 No 1–5 - Phi Delta Theta Scroll Archive

158 THE SCROLL.the city, and the property as it now stands represents anoriginal investment of $18,000.'The house is a large three-story structure and stands inthe corner of a double lot, facing College street. The extralot can be sold at any time for $1,500 cash, leaving $5,500invested in a house and lot. According to the,expense billsshown, the house was erected thirteen years ago at a costof $16,000. It now contains sixteen rooms with all modernimprovements, and a large third story can be divided intoadditional living rooms with but little expense, so that thehouse could easily accommodate twenty men. The largerooms below are beautifully finished in quarter-sawed oakand cherry. A single mantel in the east parlor was put in ata cost of $350.'The capital stock of the chapterhouse association is $10,-000, divided into 400 shares of $25 each. It is the plan ofthe corporation to have the subscriber sign a note for theamount of stock for which he subscribes; the note to be dueand payable ten years from date, one-tenth payable annually,and for each $25 paid on the principal of note the secretaryof the association to forward to the subscriber a certificatefor one share of stock. The active chapter started the housemovement last spring by the sale of $1,400 worth of stockamong themselves; this fall, on their own motion, they haveassumed the expense of furnishing the house.'The chapter moved into the house the first week in January,with fourteen of the nineteen members living there.The men have their meals in the house as well as apartments,an excellent matron has been secured, and, as oneenthusiastic member puts it—and they are all enthusiastic,no doubt—'Indiana Beta now has an ideal home.'* r A is the only other fraternity at Wabash possessinga house, having purchased one about a year ago.THE FUNCTION OF UPPER CLASSMEN.In the old days when Horace Mann and Adoniram Judsonwere burning midnight oil in University Hall, whenthe president's well on the front campus (how many studentscan point it out today?) still had a windlass at thetop and water at the bottom, when the middle campus wasa ball ground (such ball!) and Lincoln Field was a swampwith a winding brook—in other days at Brown, the relation