The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1868-01-01
PREAMBLE AND RESOLUTIONS
Of the Board Of ,Newberry College, a. % tAs
Scholarships of said Colle0e.


Scholarships Of said College.
WHEREAS, Newberry College has reached
period in its history, in which the Board
of Trustees is compelled either to suspend
the exercises OF the Institution indefinitely.
and to sell the,property at public auction,
or TO make compromise with the holders
of Scholarships, and - p.
WHEREAS, Scholarship holders have been
notified BY circular Of the necessity of im-
mediately remitting their dues that the ex.
ercises Of College may continue, and they
have failed to respond, and
WHEREAS, The necessity of such actiea
has been oceasioned, not from any wsnt on
the part Of tie Beard Of Trustees to comply
with its obligations; but from the non.
compliance Of the Scholarship holders 10
fulfil the obligations lplsnv9d S! in theis
bonds, and - -
WHEREAS, The necessity either to sus-
pend, and to sell, or to compromise forcee
itself npon2the board at the present time,
therefore, ~: ..'..... o.. '..A' -.
RESOLVED, By the Board of Trustees %
sembled, and in accordance with the rs-
commentator Of the Ev. Luth. Synod ef
So. Ca. and adjacent States, whose servants
they are, holding in trust the College Of
said Synod: ..-~.s.. - -gs.{
l. Every Scholarship paid in good mo.
ney or its equivalent, before or during tho
war, shall bc charged Only half the Price %
tuition for every collegiate year due es &c
paid in Confederate money after Jan. 1ss,
1863, three iourths the amount of tuition.
until the said scholarship is fully expended.
2. All scholarships, whose dues have nos
been paid in fuli, TO jap. lst, 1868, shall Do
considered ,npR and roid, and will be- re-
garded by the Board, after said date, 40
forfeited
3. Scholarship holders, wishing to avail
themselves Of the Benefit Of their scholar.
sLips- forfeited as in Res. 2. can doso By
paying the balance ;Gue on, their scholar.
ships, Oh or before the first ef. Jau'y, 1859,
and secure the benefie of Res. /. Nothing
however, herrin contained shall entitie tho
scholarship hoiderso send on such schosaR-
ship until all arrearages are epaid. =
After Jan. lst, 1865, .NewberrF Gel-
l-ge shall be self sustaining, and every ssa.
dent shall. be charged monthly, and no ore
shall be permitted to continue, until his
monthly arrearages are paid, or sst,lenisns
made With the President. :~9:. .-E
5. An Benefciaries Of the Luth. Chuecb,
as the College is an Institution Of the
Church, shall be entitled to tuition free, uLs
less otherwise ordered by Synod.
T. 6. No Scholarship shall be sold after tfe
date Of this meeting Of the Board of Truss
tecs.
7. All back dues shall be placed into tho
hands If collector to be appointed, and
he shall be authorized to proceed in the
collection of these dues, according to his
Judgment, and the amount collected shaA
be applied to. Equidating the baek salasiss
sof the Professors.
s. This Preamble and Resolutions DO
published in the Newberry Herald and Ey.
Lutheran. for three consecutive issnea. ~
The folios inS rates Of tuition are f1ed 6y
the Board: - - '.'''' 30 ~
Preparatory Department-Readiug, ;
Wiring, Ari, ,hmetic, English Gram.
mar, Geography, &C., per month, $2.oo
Classical Departnent-Latin, Creek ~
Mathematics, &C., per mouth .3.oe
Collegiate Course, :" - -..,4.ss
Insidental Expenses, Prep, Dep'mt, 10
Z" 's'- cOrcgte course. 10
The collector under resolution 7, .aboys,
isto be appointed by the President Of the
College and secretary and Treasurer ofths
Board < -. . s., a-ss% 4s>s.s
Prot. Smeltzer,was-,retained as the Presi.
dent of the. College. The INSTITUTION 10
placed under his charge, and he is to eu.
p!ov assistants, one or more If necessary,
aud to pay the teachers out Of the tuition
fund collected BY, him nj the rates of ftuition
established by the Board at this meeting.
And the Board will use their best efarts 70
aid him i'll sustaining the Institution.
: The Institution to be opened ist Monday
IN january 1868. = ."A5s
Board adjourned with prayer by Rev. e.
Caughman. ,. HENRY SUMNER,
Secretary Of the Board.