Professional Documents
Culture Documents
(Download PDF) Intermediate Financial Management 13th Edition Brigham Test Bank Full Chapter
(Download PDF) Intermediate Financial Management 13th Edition Brigham Test Bank Full Chapter
https://testbankfan.com/product/intermediate-financial-
management-13th-edition-brigham-solutions-manual/
https://testbankfan.com/product/intermediate-financial-
management-11th-edition-brigham-test-bank/
https://testbankfan.com/product/intermediate-financial-
management-10th-edition-brigham-test-bank/
https://testbankfan.com/product/intermediate-financial-
management-12th-edition-brigham-test-bank/
Intermediate Financial Management 12th Edition Brigham
Solutions Manual
https://testbankfan.com/product/intermediate-financial-
management-12th-edition-brigham-solutions-manual/
https://testbankfan.com/product/intermediate-financial-
management-11th-edition-brigham-solutions-manual/
https://testbankfan.com/product/fundamentals-of-financial-
management-13th-edition-brigham-test-bank/
https://testbankfan.com/product/financial-management-theory-and-
practice-13th-edition-brigham-test-bank/
https://testbankfan.com/product/fundamentals-of-financial-
management-13th-edition-brigham-solutions-manual/
Chapter 10: Corporate Governance
1. Two important issues in corporate governance are (1) the rules that cover the board's ability to fire the CEO and (2) the
rules that cover the CEO's ability to remove members of the board.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: IFMG.DAVE.19.10.02 - LO: 10-2
NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking
STATE STANDARDS: United States - AK - DISC: Financial statements, anal - DISC: Financial statements, analysis,
forecasting, and cash flows
LOCAL STANDARDS: United States - OH - Default City - TBA
TOPICS: Corporate governance
KEYWORDS: Bloom’s: Knowledge
DATE CREATED: 10/30/2017 8:06 PM
DATE MODIFIED: 1/6/2018 1:42 PM
3. The CEO of D'Amico Motors has been granted some stock options that have provisions similar to most other executive
stock options. If D'Amico's stock underperforms the market, these options will necessarily be worthless.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate
4. Which of the following is NOT normally regarded as being a barrier to hostile takeovers?
a. Targeted share repurchases.
b. Shareholder rights provisions.
c. Restricted voting rights.
d. Poison pills.
e. Abnormally high executive compensation.
ANSWER: e
POINTS: 1
DIFFICULTY: Difficulty: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: IFMG.DAVE.19.10.02 - LO: 10-2
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Financial statements, anal - DISC: Financial statements, analysis,
forecasting, and cash flows
LOCAL STANDARDS: United States - OH - Default City - TBA
TOPICS: Corporate governance
KEYWORDS: Bloom’s: Analysis
OTHER: TYPE: Multiple Choice: Conceptual
DATE CREATED: 10/30/2017 8:06 PM
DATE MODIFIED: 1/6/2018 1:42 PM
5. ESOPs were originally designed to help improve worker productivity, but today they are also used to help prevent
hostile takeovers.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: IFMG.DAVE.19.10.03 - LO: 10-3
Copyright Cengage Learning. Powered by Cognero. Page 2
Chapter 10: Corporate Governance
NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking
STATE STANDARDS: United States - AK - DISC: Financial statements, anal - DISC: Financial statements, analysis,
forecasting, and cash flows
LOCAL STANDARDS: United States - OH - Default City - TBA
TOPICS: ESOP
KEYWORDS: Bloom’s: Comprehension
DATE CREATED: 10/30/2017 8:06 PM
DATE MODIFIED: 1/6/2018 1:42 PM
6. Which of the following is NOT normally regarded as being a good reason to establish an ESOP?
a. To enable the firm to borrow at a below-market interest rate.
b. To make it easier to grant stock options to employees.
c. To help prevent a hostile takeover.
d. To help retain valued employees.
e. To increase worker productivity.
ANSWER: b
RATIONALE: Statement b is the correct answer, because firms can easily grant stock options to employees
without an ESOP.
POINTS: 1
DIFFICULTY: Difficulty: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: IFMG.DAVE.19.10.03 - LO: 10-3
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Financial statements, anal - DISC: Financial statements, analysis,
forecasting, and cash flows
LOCAL STANDARDS: United States - OH - Default City - TBA
TOPICS: ESOP
KEYWORDS: Bloom’s: Analysis
OTHER: TYPE: Multiple Choice: Conceptual
DATE CREATED: 10/30/2017 8:06 PM
DATE MODIFIED: 1/6/2018 1:42 PM
ANSWER: a
POINTS: 1
DIFFICULTY: Difficulty: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: IFMG.DAVE.19.10.01 - LO: 10-1
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Financial statements, anal - DISC: Financial statements, analysis,
forecasting, and cash flows
LOCAL STANDARDS: United States - OH - Default City - TBA
TOPICS: Corporate governance
KEYWORDS: Bloom’s: Comprehension
OTHER: TYPE: Multiple Choice: Conceptual
DATE CREATED: 12/30/2017 1:46 PM
DATE MODIFIED: 1/6/2018 1:42 PM
ANSWER: a
POINTS: 1
DIFFICULTY: Difficulty: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: IFMG.DAVE.19.10.01 - LO: 10-1
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Financial statements, anal - DISC: Financial statements, analysis,
forecasting, and cash flows
LOCAL STANDARDS: United States - OH - Default City - TBA
TOPICS: Corporate governance
KEYWORDS: Bloom’s: Comprehension
OTHER: TYPE: Multiple Choice: Conceptual
DATE CREATED: 12/30/2017 2:20 PM
DATE MODIFIED: 1/6/2018 1:42 PM
ANSWER: a
POINTS: 1
DIFFICULTY: Difficulty: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: IFMG.DAVE.19.10.01 - LO: 10-1
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Financial statements, anal - DISC: Financial statements, analysis,
forecasting, and cash flows
LOCAL STANDARDS: United States - OH - Default City - TBA
TOPICS: Corporate governance
KEYWORDS: Bloom’s: Comprehension
OTHER: TYPE: Multiple Choice: Conceptual
DATE CREATED: 12/30/2017 2:56 PM
DATE MODIFIED: 1/6/2018 1:42 PM
48. A company issues bonds saying that it will use the proceeds for a safe investment. Instead, it uses the proceeds for a
risky investment. Which of the following statements is true about this situation.
a. This is an example of asset switching or bait and switch.
b. What the company does with the funds once it raises them isn't the business of the debtholders.
c. This will result in an increase in the value of the debt because the company is riskier.
d. All of the above.
e. None of the above.
ANSWER: a
POINTS: 1
DIFFICULTY: Difficulty: Moderate
QUESTION TYPE: Multiple Choice
49. A company issues bonds saying that it will use the proceeds for a safe investment. Instead, it uses the proceeds for a
risky investment. Which of the following statements is true about this situation.
a. This will result in a decrease in the value of the debt because the company is riskier.
b. This will result in a decrease in the value of the equity because the company is riskier.
c. This will result in a lawsuit from the stockholders because it is bait and switch.
d. This will cause bondholders to convert their bonds to stock.
e. Dividends will go up to compensate shareholders for their increased risk.
ANSWER: a
POINTS: 1
DIFFICULTY: Difficulty: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: IFMG.DAVE.19.10.02 - LO: 10-2
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Financial statements, anal - DISC: Financial statements, analysis,
forecasting, and cash flows
LOCAL STANDARDS: United States - OH - Default City - TBA
TOPICS: Corporate governance
KEYWORDS: Bloom’s: Comprehension
OTHER: TYPE: Multiple Choice: Conceptual
DATE CREATED: 12/30/2017 4:26 PM
DATE MODIFIED: 1/6/2018 1:42 PM
50. Which one of the following corporate board characteristics usually improves corporate governance?
a. CEO is not the chairman of the board.
b. The board has many outsiders who have lots of other important commitments.
c. The board is as large as is possible.
d. Board members are paid at a rate higher than their peers and their payment is mostly cash.
e. The board has a majority of insiders from company management on it who bring first-hand knowledge of how
the company operates.
ANSWER: a
POINTS: 1
51. Which one of the following corporate board characteristics usually improves corporate governance?
a. The board has a majority of outsiders who have experience and aren't too busy.
b. CEO is the chairman of the board.
c. The board is as large as is possible.
d. Board members are paid at a rate higher than their peers and their payment is mostly cash.
e. The board has a majority of insiders from company management on it who bring first-hand knowledge of how
the company operates.
ANSWER: a
POINTS: 1
DIFFICULTY: Difficulty: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: IFMG.DAVE.19.10.02 - LO: 10-2
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Financial statements, anal - DISC: Financial statements, analysis,
forecasting, and cash flows
LOCAL STANDARDS: United States - OH - Default City - TBA
TOPICS: Corporate governance
KEYWORDS: Bloom’s: Comprehension
OTHER: TYPE: Multiple Choice: Conceptual
DATE CREATED: 12/30/2017 4:29 PM
DATE MODIFIED: 1/6/2018 1:42 PM
P
LACE on the table a large jar of plain untinted glass; fill it two-
thirds full of water and before the class assembles drop in a
few drops of tincture of iron. This receptacle we will call the
Human Heart. Secure a two-ounce bottle, paint it red, in which you
place a strong solution of oxalic acid. You cannot get this solution too
strong. This represents the Blood. Secure a third bottle and paint it
black. In this place some powdered nut galls. This represents Sin.
On the table have,—a silver coin, a music box, a cup of pure water.
These you will use in the body of the lesson later. Announce that you
will choose a text for your talk this time and it will be found in I John
1:17. "The blood of Jesus Christ, His Son, cleanseth us from all sin."
Call attention to the large jar which represents the Human Heart. To
all appearance it looks as pure as a lily. There seems to be nothing
in it to make it evil. It does not look like evil. So it often happens that
the evil in us, does not always show on the surface, but is hidden
away in our heart. It was born in us. All men are not born sinners, but
born in sin, and later on, that sin manifests itself, and we begin to
choose evil in preference to the right, and that makes us sinners.
The seed of sin was hidden deep in the heart. The jar apparently
pure has in it a hidden property no eye can see, but it is there and
when evil gets in it finds a response from that hidden power and at
once the apparently pure water has turned black with sin. I now pour
a few drops from the black bottle, the evil bottle, into the jar. Even
these few drops seem to be clear and white also, but when I drop
them into the jar of water, all is blackened because the apparent
cleanness was only on the surface. "There is a way that seemeth
right in the eyes of men, but the ways thereof are the ways of death."
You can now talk about things which men do which they say are not
bad. They look all right, that is true, but when they enter the soul,
they soil it, and sin is supreme. What shall I do to get rid of my sin?
What can take away my sin? Can I purchase my salvation? Let us
see. Now cast in the jar a number of silver coins, and say these will
bring me the white again, but the blackness is yet there, showing
that salvation cannot be bought with silver or gold. Can education or
refinement take away sin? Let us see. Place over the top of the jar a
number of school books to represent education. Of course you see
the water is yet black, because you cannot make a black heart clean
by learning. Will music take away my black sin? Let us see. Place a
music box on top of the jar, and let the music sound forth, but you
note the heart is still black and will remain black notwithstanding the
finest music of the world. Shall I say the power of the mind can take
the blackness away? Let us see. I will say to myself "There is no
blackness in this jar. It is a mental delusion. I am mistaken. I don't
see black, and if I continue so to do long enough the black will
disappear to the eye for it was never there. It was a mental defect to
say it was there." All of this sort of thinking would never change the
contents of the jar. Can beauty take away the black? Let us see.
Cast in now a few flowers. The most beautiful things God has made.
Will the handful of beauty take the blackness away? This beauty can
never do. What will do it? What is the soul's cry? What can take
away my sins? Here produce the red bottle. "The blood of Jesus
Christ, his son, cleanseth us from all sin." Pour a few drops or more
from the red bottle into the jar. Continue to pour it in until the water is
made white again. Behold! the blackness of despair has
disappeared. The Blood has taken away the sin forever. Before you
put the drops of black into the jar, take out a small glass full of the
black water and place it down on the table and after the water has
been cleared up say "When the blood of Christ takes away our sin,
He keeps us when tempted to go black again." To illustrate that truth,
pick up the small glass of black water, and say "This represents
temptation, and it seeks to get back into the soul again and make it
black with sin as before." Pour the contents into the jar but you
notice that at once there is a power in the purified water in the jar to
resist all temptation and the black does not blacken the water again.
The effect of the illustration will be made more striking if you put two
or more lighted candles back of the jar. By rehearsal in private, work
out the necessary proportions of these chemicals so they will work
out correctly when you use them before your audience. Be very
careful and keep these chemicals away from the reach of the
children as some of them are deadly poisons.
CHAPTER XXI
IN HIS KEEPING
Objects used: A nest of boxes; teaching the truth of the Divine
Security
IN HIS KEEPING
T HIS is a lesson based on the text John 10:28: "They shall never
perish." They shall never perish because they are in His
keeping. Oh how safe are those who trust Him in the hollow of
His hand, for "they shall never perish."
This is an object lesson teaching the divine "security of the
Believer." Produce a fair sized cardboard heart on which write your
name. This is the way of announcing your salvation. Religion is an
affair of the heart. It goes to the heart, changes the heart, keeps the
heart. An old whaler once said he'd been in the business for so
many years he could talk about nothing else save whales and said
"When I am dead, if you should open my heart, I think you would find
the word 'whale' in its centre." His business was an affair of his heart.
I am sure that deep in the believer's heart you would find the name
'Jesus' written, because religion is an affair of the heart to every true
believer.
To put this lesson over in a large way, secure a number of boxes
each just a little larger than the other so they will nest well. On the
first box, print a large cross as large as the side of the box will
permit. Now drop the heart into that box and close the lid tightly. The
heart is now hid in the Cross, and is safe forever. Your money you
may lose, a thief may make way with it. It may take wings and fly
away out of your sure keeping place, but when you give your heart
over to the keeping of the Cross, you are safe forevermore. The
word says "They shall never perish" because they are in His
keeping. Now take a slightly larger box marked "His care." Place the
box marked with a cross inside of this box and close the lid. Now I
am doubly safe, for I am in Christ, and also in God's care. God cares
for the sparrow, for the Word says, "Not a sparrow falleth to the
ground without your Heavenly Father." Not alone that He sees and
counts the fallen bird, but that He comes down with it. God attends
the funeral of even a fallen sparrow. If He so cares for a bird, will He
not care more for me! And He does and so I am safe in His care.
Take the next larger box and mark it "His Love," and in this box
place the one marked "His Care." Every believer tents in the love
land of the heart of God. "He so loved that we might not perish." And
so we are safe in His love. No man dare tamper with the love
marked children of His. Even Satan is afraid of that power. Put this
box into the larger box marked "His Power." Another wall has been
built around the believer. It is God's great wall of power. Now the
Love box believer is surrounded by God's power. Christ said "All
power is given unto me." And it wraps the believer up in this girdle of
strength for the Gospel in the heart is "the power of God unto
Salvation." In I Peter 1:15 we are told we are "kept by the power of
God." The hand that holds the sea in the hollow thereof holds me in
safety. His power is my fortress. I can smile at all foes. I am safe in
the hollow of His hand of power. Now place this box in the next
larger size box, have it marked 'His Promise.' He has given me His
promises "I will never leave thee nor forsake thee." (Hebrews 15:5.)
He whispered those dear words to me when he lifted me from the
cross of penitence and gave me the kiss of salvation. He is able to
keep His promises and | am trusting in His word. He has said that
"He that begun a good work in you shall perform it until that day."
The day of His coming. I will trust that promise, and tremble not, nor
fear what man can do unto me. "As the mountains are around about
Jerusalem, so is the Lord round about them that fear Him. As the
sides of this Promise box are around about me, so are the
mountains of His power. I am closed in by tons of mountains, a
congress of giants, so Salvation is God's safety box. It shuts the soul
in His Cross, His Care, His Love, His Power, His Promises. No
wonder it is written "They shall never perish." Marvel not it is written
"No man shall pluck them out of my hand." When Noah and his wife,
and his three sons, and their wives went into the Ark, God shut them
in, and they were safe. When God shuts the door He shuts the soul
in. No man can open. God holds the key. It is a secret combination
lock. God knows the combination. No man can know it. It is a secret
God will not whisper to any one in all the world. Closed in—locked in
— that is enough, my soul, to live by and keep me divinely calm,
now, and in the hour of death. "In His keeping" is Heaven's way of
writing the word salvation.
If the box method is too elaborate, to work out, you can use a nest
of envelopes. They put the lesson over just the same.
CHAPTER XXIII
T
HIS is a simple yet shining lesson, using a small collection of
ordinary candles as illustrators. Children's and older eyes are
always attracted by sparkling lights. Watching the glittering
stars is always a delight. These candles talk: They are white robed
prophets. They preach to you. Look and listen. Have the candles
mentioned in this chapter hidden from sight, with the exception of
one tall candle which you have placed in the centre of the table. This
represents The Light of the World. Have this burning when the
audience enters. It will have an attractive effect. Produce the other
candles as you introduce them. Say of this first tall candle that Jesus
said of Himself "As long as I am in the world, I am the light of the
world." (John 9:5.) This is the text which this candle is declaring by
its light —Jesus—the Light of the World. Without this light the world
would be in darkness. At this moment, cause all the lights of the
church to go out for a moment and say "If this candle should now be
extinguished there would be complete darkness in this room. Just so
would it be if the Light of the World—Jesus—should turn His face
from the world, all would be in darkness indeed." Cause the lights of
the church now to be turned on and proceed with your shining talk.
Next produce a small spirit lamp. Let this represent the Holy Spirit.
Light it from the Light of the World candle, and say "The Holy Spirit
takes the light of Jesus, and scatters it among men. He represents
Jesus. He was sent to continue Christ's work of sending forth the
light of truth." Now tell of the ascension of Jesus, and as you do,
take away the big candle and put it in another room if possible and
say "Jesus has now gone to shine in the Glory, but has left the Holy
Spirit here to continue His shining work. Now bring in twelve candles,
standing for the twelve disciples. Light each one from the spirit lamp
and say "The disciples have been sent to carry the light to the
uttermost parts of the world, go ye into all the world," etc. From a
corner of the platform produce candles standing for the races of the
world. They are now in darkness, "Go ye into all the world" and then
quote the last five words of Matthew 5:14. "The Light of the World."
Name each candle one of these words, so the candles will read "The
Light of the World." Jesus said these words about His followers, and
all the races are His followers. This illustration shows how the Holy
Spirit can cause Jesus to shine forth through the nations of the
world. If you wish to make an elaborate finish to this lesson, call up
five boys to represent the nations mentioned. Let them carry a flag of
each nation or marked in such a way that they may be known as a
representative of the nation whose name they bear, and let them go
to different parts of the church bearing these candles. One may go to
the gallery and call that spot Africa; another to the rear, and call that
locality India, etc. And when they have been distributed, turn off all
the lights for a moment and say "The Holy Spirit is world wide in His
mission. The light is just beginning to shine. Pray that the Holy Spirit
may continue in the work of light-sending and He will do so if we do
our part, and we will." Let the lights be now turned on, and the
people sing as a closing hymn "The Morning Light is Breaking."
CHAPTER XXIV
T HIS is a fine test for the memory which can be used for older
children and adults. It will require some study before it can be
used effectively.
Secure twelve large envelopes and enclose in each a beautiful
scripture and floral card. Say you are about to distribute in the mail
twelve letters for the Disciples. You will not call out the names. Now,
ask twelve children, or adults, to come forward and say I have here
twelve letters for the Disciples. I will not read their names, but will
describe them. If you recognize them by the description I give, you
are to speak the name and I will give you the letter to be delivered to
them. If you cannot find the disciple whose name you pronounced,
then you are to keep the letter and its contents as yours. Ask the first
one in the row the first question: if he fails to answer, ask him to take
his seat. If he answers it let him stand there in his place, but don't
ask him again unless all the others have failed. The question about
the second letter to the second individual, and so on, for the letters.
Holding up the first letter you say "I have here a letter for one of the
Disciples (on the envelope you have the description of the Disciple
written) who was believed to be the oldest of them all. He once tried
to walk on the water, wrote two epistles which bear his name, dined
his Lord three times. What was his name? (Peter.)
After this question is disposed of, ask the next question. "I now
hold in my hand a letter for the Disciple who first brought another to
Jesus" (Andrew.) "I hold in my hand a letter for the Disciple who was
called the "Son of Thunder" the first martyr—who was he? (James.)
"I have a letter for the Disciple who took Mary away from the crowd
on Calvary, to his own home. Wrote five books of the New Testament
and was especially dear to Jesus. Who was he? (John.) "I have a
letter for the Disciple who brought the second Disciple to Jesus, Can
you name him?" (Philip.) "I hold in my hand a letter for the Disciple
who was an Israelite indeed and was also called Bartholomew. What
was his other name?" (Nathaniel.) "I have a letter for one who was a
doubter. What was his name?" (Thomas.) "I have one for the
Disciple who was a collector of taxes and wrote one of the Gospels.
Can you name him?" (Matthew.) "I hold in my hand a letter for a
Disciple who was perhaps the brother of Matthew, and the son of
Alphaeus. Can you speak his name?" (James, the son of Alphaeus.)
"I have a letter for the Disciple who had three names whose father's
name was James. What were his names?" (Judas Thaddeus
Lebbaeus.) "I have one for a Disciple who belongs to the zealots.
What was his name?" (Simon of Cana.) "I have a letter for the
Disciple who committed suicide and betrayed his Lord. Who was
he?" (Judas.)
This is a good scripture exercise and can be used in the number
of ways. If you so desire you may fasten their envelopes on some
background in full view of the audience and ask the questions a
week ahead of time, so they might have time to look up the
questions and come prepared to answer them. It is a good drill for
children which will enable them to learn the names of the Disciples
and something about each of them. Study it out well, and then try it
out.
CHAPTER XXVI
T
HIS is a lesson which illustrates how important it is to give God
our whole life. Samuel did this. He did not wait until his life was
almost burned out, and then give to God the stump which was
left, but gave God the whole life, from early childhood to ripe old age.
Secure one full length candle, and also one almost burned out. If
both are lit at the same time, the short one quickly burns away while
the tall one burns for a long time. "The tall candle stands for youth,
and where youth is given over to God, it sheds light for many happy
days. We should all offer our whole life to God and not wait till it is
almost gone and then offer a few short feeble days to Him. Don't wait
until life is almost burned out and only a little stub left like this to offer
God." As you say these words, hold up the little stump of candle.
"Here is a candle almost burnt out. It will not give light much longer."
In the old fashioned days when candle light was used it would be
cast aside as good for nothing, and yet the little stump can do a little
good for Jesus. Come to Him before it is burnt out altogether. Come
now, tomorrow darkness may come and the little candle be entirely
consumed.
One evening some years ago, when I was preaching in my
Philadelphia church, a sermon called "A Sermon of a Hundred
Candles" I lifted up a little stub of a candle almost burned out, and
said "This resembles the sinner almost burned out, only a few
minutes more and it will be gone. Turn to God quickly before time will
snuff out your flickering taper." In that audience that night sat a man
well known in river circles. He was known as Capt. Evans, a man
that knew the Delaware River like a book. Many efforts had been
made to bring him to Jesus, but everything up to this point had failed.
He said "That little stub of a candle got me." And it brought him to
Jesus, and for the rest of his days was a shining light for the Master.
Oh, ye little stubs. Turn to Jesus and shine. You cannot go back to
the happy days of youth to begin over again but begin to shine now
for Jesus. Hearken, ye youth, boys and girls, of the order of the long
candle. Come now to Jesus and shine from the days of your youth
until God bids you come up higher and shine for Him in the White
City of God.
To elaborate this lesson let a number of boys and girls come to
the platform, each bringing an unlit candle which they light from the
tall candle on the table called "The Light of the World." And then let
them place them back on the table until they are all lit. Don't let them
hold them in their hands in a lighted condition as there is danger in
this. Ask them to stand around the table while the lights are burning
and sing "Jesus bids us shine."
CHAPTER XXVIII