Few of the fraternities have any judiciary. The financial methods are sound. The conventions of delegates, either annual or bi ennial, held in various parts of the country attract large numbers of members. Most of the fraternities have an inspection system by which these chapters are visited periodically and are kept up to a certain level of excellence. The fraternities publish maga zines, usually from four to eight times during the college year. The earliest of these was the Beta Theta Pi, established in 1872 and published continuously since. The older and more prosperous have published histories and most of them have song books, sheet music, handbooks and other local and ephemeral publica tions. Many of them have substantial revolving loan funds for aiding their members and trophies of permanent value which are used as awards for distinct achievement.


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