Page:A History of the University of Chicago by Thomas Wakefield Goodspeed.djvu/553

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APPENDIX 485 salaries from said School, but this provision shall not be considered to prevent any change in said department which may hereafter be made in accordance with the mutual action of the University and the Union. 17. The University shall confirm the election of all Professors and In- structors in the Divinity School when and to the extent that the funds available for the Divinity School shall admit. 18. That all resignations and removals of the Faculty of the Divinity School shall be presented to and acted upon by the Board of the Theological Union, and they shall have the supervision and direction of matters pertaining to instruction in the Divinity School. It is mutually understood and agreed that the co-operative action con- templated by this contract shall be deemed to have become initiate as soon as this agreement shall have been executed and that this agreement shall go into actual effect by the first day of July A.D. 1892. IN WITNESS WHEREOF the said The Union and The University have in accordance with resolutions of its Board of Trustees duly passed, caused these presents to be signed by its Presidents and attested by its Secretaries and the corporate seals of said corporations to be hereto attached this i3th day of July, A.D., 1891. THE BAPTIST THEOLOGICAL UNION Located at Chicago [SEAL.] (Signed) By F. E. HINCKLEY President of the Board of Trustees. Attest: FREDERICK A. SMITH, Secretary. [SEAL.] THE UNIVERSITY OF CHICAGO, (Signed) By E. NELSON BLAKE, President. Attest: T. W. GOODSPEED, Secretary. I hereby approve the foregoing contract between the Baptist Theological Union and the University of Chicago, and accept and adopt the same, when executed and acted upon by the contracting parties according to its terms, as a satisfactory compliance with those portions of my letter to the Board of Trustees of the University of Chicago dated September 16, 1890, making a contribution of one million dollars to said University, in which it is provided that the Baptist Union Theological Seminary of Chicago should become an organic part of said University and its Divinity School, and that the grounds of said Seminary should be transferred to said University. (Signed) JOHN D. ROCKEFELLER. Dated June 20, 1891 FOREST HILL, CLEVELAND, OHIO