"Financial Secretary Randolph-Macon College."
This gratifying report, the best that had been submitted for years, caused the Trustees to adjourn in a cheerful mood.
[Illustration: G. E. M. WALTON, Founder of the Walton Greek Library.]
[Illustration: MAJ. W. T. SUTHERLIN, ELECTED TRUSTEE, 1860. Founder of the Sutherlin Prize for Oratory.]
A called meeting of the Board was held in Richmond October 13, 1872. A letter was presented from Prof. Thomas R. Price, which was as follows:
"Rev. James A. Duncan, President:
"DEAR SIR,—As Professor of Greek in our College, I feel great pleasure in informing you, and through you the Board, of the noble act of generosity by which Mr. George E. M. Walton, of Hanover county, Va., has planned a lasting benefit to the School of Greek.
"Mr. Walton was, as you know, the father of Mr. Andrew Minor Walton, who, with rare learning and diligence, discharged until his death, in September, 1871, the duties of Assistant Greek Professor in Randolph-Macon College. In order, then, to foster in the College the studies that his son loved so well, and at the same time to keep alive in the College history and traditions the memory of that son, Mr. Walton has offered to give to Randolph-Macon College the sum of one thousand dollars to create and endow what shall be called the Walton Greek Library. This donation Mr. Walton desires to see, without delay, put into the proper legal form. His own wishes and intentions, as given to me in conversation, are:
"1. That the money shall, in consultation between him and the agents of the College, be securely and permanently invested.
"2. That ten dollars of the annual income shall be used to buy, in the shape of a valuable Greek book, or other appropriate gift, as the Faculty may decide, a prize that shall be called the Walton Greek Prize, and bestowed on the student that, in the judgment of the Faculty, has made during the session the best progress in Greek studies.