Typed letter from N.D. Pendleton to Rev. Robert J. Tilson in London, England. Pendleton writes that, until further notice, the Board of Directors has approved final payments of $87.50 to Tilson and $137.50 to Miss Dowling from the Glanville Bequest. The expected income from the Bequest has been reduced by 86% as a result of the Depression. The Board approved payments from the Bequest of $450 to the Colchester School for the years 1933 and 1934. The Board is hopeful that the value of the Bequest will be restored once the Depression is over. Names mentioned: Miss (Kate Madeline) Dowling, Glanville