Winchester gazette. [volume] (Winchester, Va.) 18??-1826, 1824-12-17
10 tie President and Directors of TIKI
Literary Fund

10 the President and Directors of the
Literary Fund.
la obedience TO the law requiring that the
Rector and Visitors of the University of
Virginia should make report annually TO
he President and Directors of the Litera
ry Fund, (to be laid before the Leeisla-
ture at their next succeeding SESSION. en-
bracing full account of the disbursements
the funds on hand, and a general state
ment of the condition of the said UNIVERSE
ty, the said Rector and Visitors make the
following REPORT.
IN that of the preceding year it was
stated thai the buildings, for the accom-
mediation OF the Professors and Students.
were in readiness Tor their occupation, and
that the walls OF the larger building, in
tended for alibrary, and other purpose,
we're completed. In the course of the
present season this building has received
IFS roof, and will be put into a condition
for preservation and use, although its in
ieror cannot be completed. 1t was then
also stated, that, without awaiting that
completion, the institution might be put
into operation at the close of this present
year, were its funds liberated from the in
cumbrances with which they were charg-
ed. This obstacle was removed by the
act of The Legislature of January q, of
the present year, concerning the Universe.
ty of Virginia.
In consequence of this liberation, the
Board OF VISITORS, at their ensuing meet
ing on the 9Th of April last, proceeded to
take such preparatory measures as could
be taken at that time, to carry the views
of the Legislature into effect with as little
delay as practicable. From the accounts
and estimates then rendered by the Bur
sar and Proctor, it appeared that on the
last day of the preceding year 1928, the
funds in hand, aud due to the University,
of the last loan, and of the arrearages of
| subscriptions, would be sufficient, when
received, to pay all debts then existing OH
any account, and to leave sum of about
| s 900, applicable to the building of the
Library; which, with the sum of :$10,S7O
40 l2 already paid, or provided for that
edifce, would put it into state of safety
| and of some uses, until other and more
pressing objects should have been accom-
plished. They considered the University,
therefore, as having had in hand on the
| first day of the present year, 1924, the an
nuity OF this year (clear of all prior claims
as fund for defraying the current ex-
penses of the year, for meeting those ne
cessary towards procuring Professors, pay
| ing any commencement of salaries, which
might be incurred to the end of the year,
and TO leave a small surplus for contin-
gencies.
They found, from view of the future
income, consisting of the annuity and such
rents for buildings as may be reasonably
required, that it would not be adequate to
the full establishment of the ten profes
sOrships contemplated by the Legislature
in their act of January Is, 1919, for es-
tablishing the University; but that it might
suffice for instituting eight professorships
for the present.. and that the branches of
science proposed to be taught in the Uni,
versity, might be arranged within the COM
petence of that number for time, and
until future and favorable circumstances
might enable them TO ado the others, and
to tighten duly the professorships thus
overcharged with duties.
They proceeded therefore to settle the
organization of the schools, and the dis
tributiou of the sciences among them, and
they concluded on the same as follows:
In the University of Virginia shall be
instituted eight Professorships, to wit: 1.
of Antient Languages. z. Modern Lam
guages. 9. Mathematics. q. Natural
Philosophy. 5. Natural History. 6.
Anatomy and Medicine. Z. Moral Philo-
sophy. 8. Law.
In the school of Antient Languages are
to be taught the higher grade of the Latin
and Greek languages, the Hebrew, Rhe-
toric, Beiles-lettres, Antient History and
Antient Geog raphy.
In the school Of Modern Languages are
70 be taught, French, Spanish, Italian, Ger