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37
Annual Meeting- Tuesday August 5, 1851
(Brot up) $8890 21
The available assets at the same date were-
Back Rents prior to 1st Jan. 1850 334 02
Rents of 1850 4041 68
Interest on deposits in State Treasury 113 84
Balance in Treasury 840 72
Estimated avails of sales of Scholarships 1000 00
Estimated value of unsold Lots $ due on Lots 1000 00 = 7330 26
Balance of indebtedness above assets $1559 95
The expenditures for salaries, expenses or for 1850 were $5557 25
Amount of Receipts for same period 6803 41
Balance of Receipts over Expenditures $252 16
The Report of the Auditor to the Committee, shows the amount of
orders drawn upon the Treasury for all purposes since the first of January
last to be- $2045 86
There has been paid on account of interest + principal
on debt to State sinking Fund since Jan. 1, $513 84
There was paid to Gen. S.F. Maccracken on account of prin-
cipal + interest of loan from him in full during the progress of the
settlement in January + included in said settlement $454 22
August 5, 1851 A.G. Brown}
Jn. Welch}
Leonidas Jewett} Com er"
J.M. Dana}
Resolutions were offered by Mr Jewett, relative to salaries etc.
which on motion were referred to a select committee
viz. Mess. Jewett, Kreider + Welch, + Pres. Ryors advisory
The Annual Report of the President was received and
made, and so much thereof as relates to contingent ex-
penditures on his order, was referred to Finance Committee
and so much as relates to other subjects was referred
to a Select Committee consisting of M.S. Keith, Kreider,
Jewett + Pruden
The President reports that Messrs. Wm Whitney
Ballard and Hugh James Campbell of the Senior
Class had completed their course + sustained a final
examination, whereupon it was resolved that the
degree of A.B. be conferred upon said young gentlemen
An invitation was received to attend the Exhibition
of the Philomathean Society at 7 1/2 this evening.
On motion, adjournment to 8 oclock tomorrow
morning-