Bond Register for $400,000 3½% Dormitory Revenue Bonds

Collection — Box: 2040, Ledger: 002

Identifier: 2008.015.012

Staff Only

Scope and Contents

Bond register for Southeast Missouri State College, provided pursuant to Section 6 of a Board of Regents resolution adopted 1947 August 6, for the purpose of registering the 3 ½% $400,000.00 dormitory revenue bonds. The college issued these revenue bonds to finance the building of a dormitory, selling the bonds to George K. Baum and Company, Inc., Dempsey-Tegeler and Company, Stern Brothers and Company, and Lucas, Farrell and Satterlee, Inc. Also includes a printed specimen of the bond issue and a letter from Mercantile-Commerce Bank and Trust Company to holders of U.S. Treasury Certificates 7/8% due January 1 1948.

Dates

Creation: 1949-1958

Rights Statement

Materials in this collection may be protected by copyright law (Title 17, U.S. Code).

Biographical / Historical

In May 1945, the Civilian Production Administration granted Southeast Missouri State Teachers College permission to build a men’s dormitory (Myers Hall) and a student center (Memorial Hall). Ray Dilschneider bided successfully, and after several alterations to lower the costs of construction, the college had to sell $400,000.00 worth of revenue bonds to match state appropriations. Money earned through the dormitory and student center was designated to pay off the bonds. Final payment of the bonds was originally due August 1967; the college completed paying them off more than nine years ahead of schedule, in January 1958.

Extent

1 Ledgers

Language of Materials

English

Additional Description

Abstract

Bond register for Southeast Missouri State College used to record the dormitory revenue bonds employed to finance construction of Myers Hall and a student center, Memorial Hall.