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44 Active chapters, 13; inactive chapters, 0; membership, 1186.

The Trinity ($9,000), Syracuse ($19,000), Columbia ($29,500), Pennsylvania ($22,000), Yale ($15,000) and Cornell ($22,000) chapters own houses. Total $116,500.

A chapter, Phi Upsilon, was founded at the University of Iowa in 1899; but the members being at a great distance from the other chapters and dissatisfied with the youth of the fraternity, developed disloyalty in 1901, and the fraternity in 1902 expelled the entire chapter. The chapters at Brooklyn Polytechnic and Pennsylvania were inactive for some time in 1901, but the government of the fraternity was strengthened, and the active chapters have since that time all been in a prosperous condition.

The Lafayette chapter was originally one of the three chapters of a small and briefly existing society called ΨΑΚ. The Wesleyan chapter was formed from a local society called the ΑΧΑ, the Syracuse chapter form a local called ΦΚΕ and the Allegheny chapter from ΘΔΥ.

The fraternity has a distinctive nomenclature. Great emphasis is laid upon a platform of principles, called the "landmarks" which are stated to be: (1) Membership from among professing christians only, (2) Insistence upon a high and clean, moral standard, (3) Brotherly love, (4) Intrinsic worth as the sole guide in the selection of new members. Each chapter is called a Phi; undergraduate members are called Residents; others are called Graduates. The meeting of a Resident chapter is called a Council. Pledged candidates for membership are styled Postulants.