Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1821-12-15

- y. 80 EEssfss;>;;ss .5st S\zsS\~
RICHMOND, DECEMBER IS. 1891.
UNIVERSITY OF VTRGLVI.4.
The great object, involved in the following
Report, and the venerable name at the foot of
1t, must stamp value upon this Document.
1t was laid before the Legislature on Thurs
day last:
To THE PRESIDENT AND DIaEcroRs OF
THE LITERARY FUND.
In obedience to the act of the General AS
semoIy OF Virginia, requiring that the Rector
ana Visitors of the University of Virginia
should make report annually to the President
and Directors ofthe Literary Fund Ito be laid
before the Legislature at their succeeding SEES
sion) embracing full account of the tlisburse-
ments, the funds on hand, and general state
ment of the condition of the said UNIVERSITY
the said Rector and Visitors make the follow,
ing REPoRT:
AT their meeting in April last, the attention
OIL the Visitors was first drawn TO the conside
ration OF the act of the late General Assembly
winch authorised the Literary Board TO lend.
Tor the use of the University, a further sum
vi sixty thousand dollars from such monies as
should thereafter come to their hands and ia :
KING such view as could then be obtained of
-.
buildings and accessory purposes for the ac-
commodation of the professors and students of
the university, so far as already completed.
or In state OF advancement, and the further
expenses still to he incurred necessarily To
complete those accommodations, they conclu-
ded II TO BIZ for the benefit of the institution TO
obtain the said loan. Application was accord
inSiy made to the Literary Board a sum of
2s,i w ooliars was obtained, and the further
s,f l<,It., ..
the receipts Of that board shall enable them TO
| furnish il.
In the mean time the board deemed II in
cumbent to obtain early as possible. a cor
rect statement of the actual cost of what was
already done. and a probable one o. that still
10 De done estimated according to the expe
Renee now obtained. They therefore instruct
ed their Proctor to apply himself assiduouslv
to the completion of the buildings generally
To settle nent of all accounts of the actual
cos OF those finished, and an estimate. ac-
c"rding To that, of what would he the cost
OF those still to be finished. The compile
uon Oh the buildings of accommodation
winch are IN rows of about Goo feet i'm length
each, as may be seen by the plan accompanv-
ing this Report, has been pressed with as much
eject as could be expected insomuch that
thefe are now complete, and in readiness for
occupation SIX pavlll0ns, for the accommodate
tion Oh the Professors, 30 dormitories for that
oil the students, and two hotels for their diet
ING and the others will all he completed in
the ensuing summer. The accounts for the
construction of those already finished have
oeen actually settled; and the probable cost OF
the unfinished has been estimated according
to the rates which the others have been fond
to cost.
The following is a summary view of the no.
tual expenditures of the institution. from the
beginning, OF those yet to- be incurred TO its
completion, and of the funds received. and
sun receivable, as nearly as can at present be
stated:
Dolls. Cts. Dolls Cts
81 T T! finished have cost 52,7l3 10
IL Capitals for them, expected
rom iuiiy, are To cost by
contract oOs9
:" Hotels finished have cost 82I5 30
" Domiorics finished have
cost 20 Qq7 IA
The following nearly finish
Ell, are estimated, nj the rates
the others have cost or at
| prices actually contracted for:
. rarions 33563 10
o ~ noieis 10000
| y Dormores II g59 Of
Back yards and gardens ZOO "
Making the whole COST of The
rows OF buildings of accom-
T rta 0n"a,,, r. ,, 1922 Sc
land and The buildings on
them, past CONVERSATIONS to
the Bursar and Proctor, hire
and maintenance of laborers
and all ether accessory and
contingent expenses, 9tco7 II
! Making total for The lands
| buildings, &c. complete, oOl 5sO AZ
| 10 which add for interest on "
The loans, calculated TO Dee
81 1871 6,l6O %
2O77I0 70
The funds applied and applicable 10 these expen.
dures, arc 'p~"
rio Gala r. cut, Dolls. Cts. Dolls. Cts.
| ."s sac oil eIebe lands, 3,l0i 90
a State certificate, No. 80,
| bearing interest," lie II
| nhnunIcs OF l8l9-2O-2l $4,000 90
! Ivan OF i6sU 10000 90
EGosn OF 1871 10000 90
Subscriptions receivedto Nov
H-2l 24,676 37I
Balance Of su descriptions (elue
| ~ COS %, OF which suppose
| 5000 losD 1868 95
From this would result small
| surplus oil 1915 30
2O7,7Io 10
According the Proctor's accounts for the present
year (Which with the Bursars are herewith ;ncloset
andl which cOntain minuter specifications of the ox
| p T ur = Dolls. CTS.
| 10 finish and pay for the whole ofthe
buildings OF accommodation not vet
finished and paid foI, will require
further sum to be placed at his
command OF se foi 10
| The resources for this are Dolls ne
The balance Of the loan of
1921, still to I've received 10000 90
The balance Of subscription
4 Il