<p>Oh good grief.</p>
<p>correction noted. [Phillips</a> Exeter Academy | Academy Archives](<a href=“Class of 1945 Library | Phillips Exeter Academy”>Class of 1945 Library | Phillips Exeter Academy)</p>
<p>* John, his older brother Samuel, and a younger brother, William, had all married wealthy widows, expanded their husbands’ businesses (which they took over, according to the custom of the day), and as they neared retirement, were eager and financially capable of doing great things.</p>
<p>1775, young Samuel and Eliphalet Pearson were in business together in Andover, making gunpowder for the Revolutionary Cause. Young Samuel had become increasingly alarmed about the steady decline in the educational system in this time of such turmoil in the country. He believed that only a good educational system could ensure a successful future for the Colonies.</p>
<p>In 1776, these two young men approached young Samuel’s father (John’s brother), and the two uncles, John and William, with the idea of opening a school in Andover.</p>
<p>The Deed of Gift, providing the financial backing and guiding principles for Phillips Academy in Andover, was signed on April 21, 1778. The school opened (with one teacher, Eliphalet Pearson, and 13 students) on April 30 1778, although their Act of Incorporation was not passed by the Massachusetts legislature until Oct. 4, 1780.</p>
<p>John Phillips was so pleased with the success of their school in Andover that, in a short time, he wrote to his nephew and asked what he thought of his uncle John creating a school in Exeter on his own. The nephew encouraged his uncle to move forward and agreed that the constitution and seal of Andover could easily be adapted to suit his uncle’s new school in Exeter.</p>
<p>The Act of Incorporation for the Exeter Academy, which both John and Elizabeth Phillips signed, is dated April 3, 1781 (only six months after the formal incorporation of Phillips Academy in Andover). The Deed of Gift is signed May 17, 1781. But it took two more years for John Phillips to obtain a building, and find a teacher. Phillips Exeter Academy formally opened on May 1, 1783 with one teacher and 56 students.*</p>