The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1868-01-08
PREAMBLE AND RESOLUTIONS !:
Of the Board Of .Newberry College, as to the
Scholarships Of said College.


T .WHEREAs, Newberry College has reached
| period in its history, in which the Board
| efTrustees 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
WHEREAS, Scholarship holders have been
notified by circular of the necessity Of i'm
mediately remitting their dues that the-ex-
ereises of College may continue, and they
| have failed to respond, and
WHEREAS, The necessity of such action
| has been occasioned, not from any want on
the part eG @ Beard Of 9Frru,e-v7- ooruPiy
| with its obligations; but from the non.
compliance of the Scholarship holders to
ful6l the obligations lp@anelds! in their
| bonds, and
WHEREAS, The necessity either to sus-
! pend, and to sell, or.to compromise forces
itself npon the: oard at the present time,
! therefore,
+ RESOLVED, By the Board iof Trustees as
| sembled, aud in accordance with the re-
commendation of the Ev. Luth.. Synod of
So. Ca. and adjacent States, whose servants
they are, holding in trust the College OF
| said Synod =
i. Every Scholarship paid in good mo-
| ney or its equivalent, before or during the
war, shall be charged only half the price of
tuition for every collegiate year due ; or If
| paid in Confederate money after Jan. LIST,
1868, three fourths the amount of tuition,
until the said scholarship is fully expended.
2. All scholarships, whose dues have not
T been paid in full, to Jan. lst, 1868, shall be
considered null and void, and WILDE re.
garded by the Board, after said date, as
forfeited. 49, - -..
8. Scholarship holders, wishing to avail
themselves of the benefit of thein>scholar
ships forfeited as in Res. 3, can do so b!
| paying the balance due on their scholar
ships, on or before the first Of Jan'v, 1869,
and secure the benefit of Res. /. Nothing
| however, herein contained shall entitle the
scholarship holder to send on such scholar
ship until all arrearages are paid.
4 After Jan. lst, 1868, Newberry Col
lege shall be self sustaining, and every STU
dent shall be charged monthly, and no ore
| shah be permitted to contiaue, until his
monthly arrearages are paid, or settlement
made with the President.
5. All Benefciaries of the Luth., Church,
as the College is an Institution of the
Church, shall be entitled to tuition free, un'
less otherwise ordered by Synod.
6. No Scholarship shall be sold after the
date of this meeting Of the Board Of. Trus-
| tees.
7. All back dues shall be placed into 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 issues.
The fotIo"ing rates Of tuition are fixed by
the Board:
Preparatory Department-Reading,
Writing, Arithmetic, English Gram
mar, Geography, &C., per month, $500
Classical Department-Latin, Creek,
Mathematics, &C., per mouth 500
Collegiate Course, 1" 4.5O
Incidental Expenses, Prep. Dep'mt, .25
Coreg'te Course, so
The collector under resolution Z, above,
is to be appointed by the President Of the
College and Secretary and Treasurer of the
Board.
Prof. Smeltzer was retained as the Presi-
dent of the College. The Institution is
placed under his charge, and he is to en-
ploy assistants, one or more if necessary,
and to pay the teachers out of the tuition
fund collected by him at the rates Of tuition
established by the Board at this meeting.
And the Board will use their best effarts to
aid him in sustaining the Institution.
The Institution to be opened lst Monday
in January 1868.
Board adjourned with prayer by Rev. E..
Caughman. HENRY SUMNER,
Secretary of the Board.