The New York Times; Rare Books on Sex Have Spiced Things Up at a Library Franklin Founded
The Library Company of Philadelphia, created in 1731 by Benjamin Franklin, has received a gift of 1,500 volumes about sexuality dating back to the 17th century.
"As it approaches its 300th birthday, the Library Company is marking its own milestone — a pending merger with Temple University to shore up its shaky finances and expand its academic and public footprint. The deal, approved by shareholders of both would-be partners last December, awaits approval by the Pennsylvania Attorney General and the state judicial unit that oversees charities, known as Orphans’ Court.
Like many nonprofits, the library, with an annual budget of roughly $3 million, has struggled financially in recent years and its staff, which numbered 28 two years ago, has shrunk to 16.
Joining forces would expand scholarly vistas for the university’s nearly 35,000 students and faculty while securing the library’s public future, John Fry, Temple’s president, said in an interview. “It’s the best shot for it to continue another 300 years.”"
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