Note 522 — Part II
Reading edition
While the Presbytery was in charge the department received a gift or $5,000 from Mrs. Hannah B. Toland. In 1879 Reverend J. G. Craighead became dean of the department and filled the position until his resignation in 1891. During his administration the department received $5,000 from the estate of Wm. E. Dodge of New York. On October 1, 1883, the treasurer of the University was authorized to pay the American Missionary Association $15,000, "out of moneys due from the United States as compensation for University land taken for the reservoir," or such part as might be requisite to complete the endowment of the "Stone Professorship" in the Theological Department. This amount was added to a fund of $25,000 which came from the estate of Daniel P. Stone, of Boston, Massachusetts, upon the fulfillment of the term of the gift.