The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1867-12-18
Abstract.
OF TIE MINUTES OF THE BOARD OF NEwBERRY
COLLEGE, DEC. 10Th, 1867.

OF THE MINUTES OF THE BOARD OF NEwBERRY
- COLLEGE, DEC. 10TH, 1867.
- The following members Of the Board were
1psesent at this meeting, viz: Rev. E-S.
:eanghman, S. Bouknisht, T. S, Boinest and
u. Hawkins; and the following layuen, G.
IS Hacker, j. II: Steinmeyer, G. Leaphears,
N. Huffman, H. Summer, S. Fair, J.-P.5
Auli, P. E. Wise, n. A. Hunter and II. N.
Folk and VIM. Eangford, and Prof. J. P.
Smeltzer member Of the Board Ex officio.
4 committee was appointed to nominate
Officers of the Board. The, Committee
made their nomination, and the officers
were elected By ballot.
Rev. W.. S. Bowman, President.
Col. S. FAIR, Vice President.
HENRY SUMNER, Secretary.
Rev. T. S. BDINEsr, Trca$urcr.
After full aud free interchange Of views
and opinions by the Board, OIL va:ions topics
connected with College, Rev. foinest and
n. a. Hunter we're appointed a committee
to confer with ". A. Cline in relation to
Judgment on the College.
To Prof. Smel;zer was assigned to pre-
pare plln with. reference to the scholar
ships, all Of which. had been fully discussed
BY the members Of the Beard, and the,
scheme IN substance agreed on The Board
adjourned 10 meet, the next, morning at
S. o'clock. in. the law office Of Col. Fair.
Prayer by Rev. S. Boeknisht. ).
Deer H.. Board met pursuant toadjourn-
mcnt, and. vas opened with prayer By Rev.
j. Hawkins, -, ...-......-. -. o., :
= An arrangemeAt vasmade with Ar. Cline
as to his Judgment, which was satisfactory
To- the Board. = =. -. = : = -. o..
And the treasurer was authorized 10 col
-lect funds, which will be forthcoming. and
pay, Maj.-J. P. kinard his claim on the Col
lege, according tothe agreement of2d octo-
ber<last-J- ~ -&>~>-,,. -.
- A committee was appointed consisting
CT Acssrs.. j. II. -Stcinmeyer, Rev. w. S.
Bowman and Henry Cohia, to secure loan
for the C GoHege on the best possible ferns,
as 10 tine and interest, with the power to
secure the loan, to the lender o; lenders by
mortgage on the College property. =;
The following preamble and resolutions
as to the Scholarships and Scholarship
Bonds Of. .NeRherry College, were then pro.
posed and adopted: -.'-''>
< .-MBEKEAs,s sNewberry College has reached
period IN its history in which the Board,
of Trustees is. compelled either to=saspend
the exercises of the Institution indefinitely,
and to sell the property at, public auction,
orsto make a compromise with the holders,
of Scholarships, and -. = = j
: WHEREAS, Scholarship holders have been
notified by circular of the necessity Of in,-
,mediately rcmitting their dues thai the cx-:
ercises Of oolege may continue, and they
have failed to respond, and =. 80.
WHEREAS, The necessity of such action
has been oecasioned;3 not from any want On
the part eff Beard of Trustees to comply
with It's obligations; but from the Ren-,
compliance Of the Scholarship holders to
fulfil the obligations stipulated II their
bonds, and
> WHEREAS, The necessity either to sus-
pcud, and to sell, or to compromise forces
=itseh npon the foard at the present time,
-. -.
Resolved, By the Board Of Trustees as
sembled. aad IN accordance with the, re-
commentator of the Ev.-Lath. Synod Of,
So. Ca, and adjacent. States, whose servants
they. are, holding in trust the College Of
. said Synod: -: s.. -.
l. Every. Scholarship, paid in. good mo-
ney Or its equivalent, before or during the
war, shall he charged only half the p.ice~ef
tuition for every collegiate year due ; or If
paid in, Confederate money after Jsn. ls',,
1868, three fourths tie amount of s;,i.ion,
until the said scholarship is fully expended.
.. All scholarships, whose dues have not
been paid in full, to Jan. 'lst, 1868, 'hall be
considered hull and yoid, and wnf.bc re-
sarded by the Beard, aaer@saa' date, as
forfeited. -. =
3. Scholarship p holders, wishing TO avail
themselves Of. the benefit Of their scholar
Ships ferfeited as in Res. 2. can DO so BY
paying the balance due on 'their scholar
ships; en- or before the first Of .Jst,Y, 1859,
and eeeurethe benefit Of Res. l. Nothing
however, herein contained shall entitle the
Scholarship h5lder to send on such scholar
ship until all arreardges are paid.
After Jan. lst, 1868, Newberry Col
lese shall be- -se,f sustaining, and every stu
dent shall be charged monthly, and no ore
shall be permitted to contiaue, until his
monthly arrearages a-e paid, or settlement
made With the President. ''-
/ 5. All Benefciaries ofythe Luth. Church,
as the College is an Institution Of the
Gaureh, shah be entitled to tuition free, IN
less Otherwise ordered by Synod.
6. No Scholarship shall be sold after the
>datc of this meeting Of the Board of Trus-
tees.
Z. All back dues shall be placed in:o the
hands Of a collector TO be appointed, and
he snail be authorized to proceed in the
collection of these, dues, according to his
Judgment. and the amount collected shall
be applied to liquidating the back salaries
of the Professors.
s. This Preamble and Resolutions be
published in the Newberry Herald and Ev.
Lutheran for three consecutive iSsnes.
The following rates Of tuition are fixed by
the Board
Preparatory Department-Readins,
Writing, Arithmetic, English Gram
mar, Geography, Sc, per month, $500
Classical Department-Latin, Creek,
Mathematics, &C., per month 800
Collegiate Course, " $50
Incidental Expenses, Prep. Dep'mt, 20