W. R. TATE, Treasurer Plaza Bank of Commerce, 234 Alameda Road Kansas City 2, Missouri C. F. WILLIAMS, Secretary 1940 East Sixth Street Cleveland 14, Ohio SHIRLEY E. MESERVE, Attorney General 555 South Flower Street, Los Angeles 13, California HARRY S. GORGAS, President Gorgas, Thomas & Co., 76 Beaver Street New York 5, N. Y. HARLAN 8B. SELBY, Vice President Post Office Box 797 Morgantown, W. Va. PHI KAPPA PSI FRATERNITY February 12, 1945 Dear Brother: Founders Day ~ 1945 would seem to be a most fitting time to give a further report to the alumni of the Fraternity as to its progress and future» Those of you who have read Dab Williams! very excellent issues of The Shield have been able to generally follow Phi Kappa Psi history. It will interest you to know that the January issue of The Shield went to 10,500 Phi Psis. The sub- stantial progress of the Fraternity is shown by the fact that in 1930 we printed about 3,000 copies of The Shield. It now goes to Phi Psis in every state of the Union, six provinces of Canada and direct to several hundred Phi Psis overseas. Since my last letter of October to our selected group of alumni (we shall be glad to add anyone requesting it to the mailing list), a number of encouraging reports have been received from chapter house corporations. Major J. A. Habegger reports that the California Gamma chapter house corpora tion has no mortgage indebtedness and a cash balance of $7,000. In addition, the chapter house is rented for the duration on a profitable basis. Indiana Alpha has recently paid off the mortgage on its fine new property. A bequest through the will of Brother Will A. Cavin aided greatly in this debt re- tirement. From time to time, chapters which have been inactive for various reasons are resuming their activity. Pennsylvania Epsilon at Gettysburg has initiated two new Brothers and has five men on the campus. The chapter house, rebuilt and added to after a severe fire several years ago, is clear of debt, Pennsylvania Iota, after a year or more of inactivity, has pledged six, giving the chapter a total of ten, and as of January lst, the chapter house has been reopened. Texas Alpha reports 16 initiates since November; Iowa Alpha initiated 14 on December 10th; Washington Alpha initiated 12 in November, and has 17 pledged. Indiana Beta, one of the old reliable of the Fraternity, has initiated 21 since December lst. Michigan Alpha, hard hit by the war, now claims 2l. In our budget for the fiscal year ending May 31, 1945, we set up an estimated number of new initiates at 150. Through January 3lst, we have already had 311 initiates reported to Secretary Williams. About 700 initiates is a normal year,» We have several chapters which in the future, will require definite and aggressive aid from the alumni and the Executive Council.e All Phi Psis have dis- appeared from the campus at Colorado Alpha and Mississippi Alpha. There is no chapter house at Colorado, and the house at Mississippi, unoccupied during the War, has suffered damage from the weather. With the aid of the Tom Platt Fund some reconditioning work is being done.