The degree of Master of Arts was conferred on John W. Redd, of Virginia.

Rev. A. G. Brown reported the building by him as a private enterprise of the hotel near the southwest corner of the campus. This was a much-needed improvement.

Notwithstanding the increase in assets during the year, the current receipts were not sufficient to meet current expenses.

At this meeting Rev. John C. Granbery, who had served the Board faithfully as secretary since 1868, resigned the position, on account of his having accepted a professorship at the Vanderbilt University. He also resigned his place as Trustee of the College.

Rev. Paul Whitehead was elected to succeed him as trustee and secretary, and he has been secretary of the Board from that meeting to the present time (1898).

[Illustration: JOHN B. WARDLAW, Of Georgia; Sutherlin Medalist, 1874.]

At a called meeting of the Board in October, 1875, President Duncan informed the Board that the condition of his health was such that he felt unable to do the heavy work devolved on him. An arrangement was therefore made to lighten his duties, and he was requested to travel as much as practicable in the interest of the College.

[Illustration: JOHN W. REDD, A. M., 1875. Prof. Centre College, Ky.]

At an adjourned meeting of the Board, held November, 1875, Rev. A. G. Brown, Financial Secretary, tendered his resignation. A portion of his letter is here given, partly as history, and in justice to him:

"That my labors have not been more efficient, I deeply regret, yet in what has been accomplished I am not without cause for gratitude to God, to whose merciful kindness I am infinitely indebted.