Retires This Month as Treasurer

HALSEY C. EDGERTON 'O6, who has served as Treasurer of Dartmouth College since 1916, will retire from that office on June 30, one day after he attains the voluntary retirement age of 6g. He has been connected with the business affairs of the College for 43 years, ever since he became an assistant in the Treasurer's Office immediately after graduating in 1906. In 1909 he became Auditor, in 1915 Assistant Treasurer, and in 1916 Treasurer, taking his present office when President Hopkins began his administration. The functions of Business Director, which Mr. Edgerton also assumed in 1920, were later consolidated with those of the Treasurer.

During the 33 years that he has been Treasurer, Dartmouth's total assets have grown from $6,000,000 to more than $35,000,000, and the annual operating budget has increased eight-fold, from $400,000 to $3,100,000. Expansion and modernization of the Dartmouth plant, which has quadrupled in value since 1916, have also taken place under Mr. Edgerton's general management.

In speaking before the Dartmouth Alumni Council at its last Hanover meeting, Mr. Edgerton reported that the finances of the College are in sound shape (as they always have been under his direction) but he described the lack of adequate endowment funds as a major drawback and defined Dartmouth's greatest need as larger endowment.

John F. Meek '33, who joined the Dartmouth staff in early March as special assistant to Mr. Edgerton, will assume the office of Treasurer of the College on July 1.