Universities and colleges--Finance; Educational fund raising--Law and legislation; Trade schools; Eden (N.C.); Spray School of Technology; Leaksville-Spray Institute
Format
correspondence
Genre
Business correspondence
Date
[between 1907 and 1914?]
Physical Description
microfilm, 16 mm, b&w
Note (Reel no.)
Reel 78
Note (Status of gift)
Promised but lapsed
Note
PDF may contain multiple grant documents.
Date based on grant approval.
Note (Historical note)
Institute vs. Mebane...This is an action by the trustees of the Leaksville-Spray Institute to recover $1,500, alleged to be due on a certain paper- writing, not under seal, executed by the defendant on or about 1 August, 1908, by which he promised to pay the plaintiffs, sixty days after date, $1,500...In 1907, the General Assembly of North Carolina chartered the Spray School of Technology, and designated as trustees, among others, one of the plaintiffs, F. King, and the defendant, B. Frank Mebane...The defendant Mebane became active in his efforts to establish the school, and one of the plaintiffs, D. F. King, who was also designated as a trustee of the school, urged that the school should be established at Leaksville, and that the Leaksville-Spray Institute, in which the said King was largely interested, might be purchased and used in connection with the Spray School of Technology...The defendant Mebane secured twelve of the corporations at Spray to agree to give $500 each for a period of twenty years, aggregating $120,000, toward the purchase of this property and the maintenance of the school, which fund should be used to supplement the appropriation of $5,000 annually, which the State had provided in the act incorporating the Spray School of Technology, to be available whenever a suitable site, buildings, etc., were procured. That the defendant also induced Mr. Andrew Carnegie to donate $50,000 for a similar purpose.The American Warehouse Company of Spray was one of the contributing corporations that entered into this arrangement...It also became desirable to acquire the property of the Leaksville Furniture Factory in the establishment of the School of Technology, which was located about one half mile from the Leaksville-Spray Institute, and which was at that time leased to the American Warehouse Company at an annual rental of 6 per cent on the amount of the capital stock...After a part of the stock of the furniture company was bought, a question was raised as to whether the property of the furniture company, when purchased, would be used in connection with the school or for other purposes, and the plaintiff refused to sell his stock until further assurances were given. The defendant then executed the paper—writing sued on, and the plaintiff King and others sold their stock in the furniture company...The Leaksville-Spray Institute was not bought, and the defendant introduced evidence that he did all he could to establish the school." [SOURCE: North Carolina. Supreme Court. North Carolina Reports: Cases Argued And Determined In the Supreme Court of North Carolina, Volume 165, Spring Term 1914, Raleigh: Nichols & Gorman, book and job printers, 1914. pp. 644-647. HathiTrust, https://hdl.handle.net/2027/uc1.b5039688. Accessed 22 Aug. 2018.] "Leaksville-Spray Institute, also known as Leaksville-Spray Academy and Leaksville-Spray Intermediate School, was a historic school complex located at Eden, Rockingham County, North Carolina. The complex consisted of the Administration Building, the Girls Home, both finished by 1905, and the classroom and auditorium building constructed in 1930. They were large two-story, Colonial Revival style brick buildings, with the Girls Home having some Queen Anne style design elements. The classroom and auditorium building connected the two other buildings. It has been demolished. It was listed on the National Register of Historic Places in 1989." [SOURCE: "Leaksville-Spray Institute." Wikipedia, https://en.wikipedia.org/wiki/Leaksville-Spray_Institute. Accessed 23 August 2018.] "Eden is a city in Rockingham County, North Carolina, United States, in the state's Piedmont region. The population was 15,527 at the 2010 census. From the late nineteenth century through much of the 20th, the city was a center of textile mills and manufacturing. The city was incorporated in 1967 through the consolidation of three towns: Leaksville, Spray, and Draper." [SOURCE: "Eden, North Carolina." Wikipedia, https://en.wikipedia.org/wiki/Eden,_North_Carolina. Accessed 22 Aug. 2018.]