=~ 4 a

WISCONSIN GAMIA - Report August 25th. Have been trying to rent house for an
officers club, but have not as yet. Mortgage is $1,800.00, and further reductions
of principal are not necessary for duration.

on
MINN. BETA ~ House being used as Naval barracks. University pays 4 per cent/valua-
tion, plus taxes and insurance, and expects to expend 25 per cent of valuation of
furniture per year.

IOWA ALPHA + House leased to University at $2,750.00 per year for living quarters
only. University pays taxes, insurance, and makes repairs and improvements.

IOWA BETA - Report August 12th. House taken over by University. Terms not yet
announced, but no doubt will be on standard 4 per cent valuation basis, which will
enable house corporation to take care of all mortgage obligations. Mortgage is
over 50 per cent held by alumni of Chapter...

’ MISSOURI ALPHA = Report August. House rented to University. Corporation received
about $300.00 monthly, and Corporation pays expenses. This will permit a $1,500.00
reduction in principal and leave about $600.00 yearly for repairs.

TEXAS ALPHA =~ Report dated September 9th. House still occupied by the Chapter and
they expect to continue occupation for the time being. House corporation is in
process of raising money to pay off mortgage of approximately $6,000.00, Over half
of this money is on hand now.

KANSAS ALPHA = House rented to University for Navy use. Lease on regular 4 per
cent basis. University pays taxes and insurance. House corporation in splendid
Shape. They have $7,900.00 in cash as a reserve fund,

NEBRASKA ALPHA = Report September 13th. House corporation has sufficient funds on
hand to pay fixed charges for s years. They expect to keep the house open this
fall for members, and possibly some others.

Fraternities at Nebraska, after deciding to close down for the duration, have re~
considered and now practically all of them will continue to operate and rush this
fall.

OKLAHOMA ALPHA = Report July 15th. House leased to University, June 10th, for use
of Army. Rental $300.00 per month. University will pay operating expense except
insurance, House corporation will be in good shape to take care of its mortgage
obligations.

COLORADO ALPHA = Has no house.

WASHINGTON ALPHA = House leased to Army last spring. Rental calls for $20.00 per
month per man. Rental will allow them to pay for the equipment they bought in
about four months. Contract will be re-negotiated at end of first year. House
corporation should be in splendid shape at end of war.

 

OREGON ALPHA - House rented to Sacred Heart Hospital at $275.00 per month for one
year. This will take care of full obligations under the mortgage including taxes
and insurance. Report August 19th,

Letter September 2nd advises that chapter is apparently continuing on an active
basis.