The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1868-01-15
PREAMBLE AND RESOLUTIONS, -
Of the Board Of Fewberry College, as 70 the
Scholarships Of said College. q

Scholarships Of said College. =
:: WHsRsAs, Sewterry College has;reached
a period in il. h story, IN which the Board
Of TrI,ssets is compelled either to suspend
the exercisesoi- the Ipsiitution indefinitely,
and 10 sell the property ut fublicauction.
,orto iasake Il. compromise with the holders
OF Scholarships, and -
:. WHEREAS, Scholarship holders have been
notified by circular OF the Necessity Of ini-
mediaseIs reniittiAg their. dues that the ex-
ercises Of College may, continue, and the!
have failed correspond, and :. ,-cc>ss
WHEREAS, yPhe necessity of. such action
has been oecaSioped, not from any. wantIen
the. part OF t e Beard OF Trustees torcomp!y
with It's obligations but from the non.
compl ance of the Scholarship holders TO
fulfil, the, obligations lp,sns'd b! in their
bonds, and - :, -~.-','>< -
WHEREas, The necessity either to ~sus-
pend, and to sell, or To compromise forces
jtseft npon the oard at the present time,
the, efore, :
REsoLvgp, By the Board of Trustees as.
senbled, aHd IN accordance with The re-
.eemmendaiion Of the En- Luth. Synod OF
So Ca. and adiacept States, whose servants
they are, holding in2trusr the College of
said Synod: -. ...,,-.' =
/. Every Scholarship paid in good mo.
-ncv or It's equivalpnt, before or during the
war, shall>be charged only half, the price Of
tuition for>eycrs collegiate year due; or II
paid in Confederate money aftei Jan. lst,
1868, three fourths the amountot tuition,
until the said scholarship is4ully expended
9. AN scholarships, nbose dnes have not
been paid in full, no Jan. Ist, 1868, shall be
sidered-ilul and void. and wiEbe, re.
q. .ded by the Bosrd, after said date, as
forfeited. :. 5. ,s>->~. - =,
s. Scholarship holders, wishing to avail
themselves of the bei,eft of their scholar
ships forfeited as in Res. 2. can do 80 BY
paying The baiance due on their scholar
ships, Oh or before the first IF Jan'v;;- 1859,
ami secure the benefit Of Res! T. Nothing
however, herein contained shall entitfe the
scholarship h ,lder to send OIL such scholar
ship until al arrearages. are paid.
, 4 After Jan lst, 1888, -Newherrv Col.
tese shall,be self sustaining, aud every STU
deIt shall be charged monthly, andn o. e
shall be permitted 10 cosHisne, until his
monthly arreaeages are paid. or settlement
made with the President. d.
5. All Brnefciaries of the Lufh. Church,
as the, College is: an Institution Of the
Church, Shall be entitled TO triton free, un.
less othera ise ordered by Synod.
6. No Scholarship shall be sold after the
date of this meeting Of the Board Of Tras.
tees. =.
Z. All back dues shall'be placed into the
hands If COLLECTOR to I've appointed, and
be- snail be authorized to proceed IN tie
collection OF these dues, according 10 his
dgment, and the amonnt collected shall
be applied to liquidating the back salaries
Of the Professors.
s. This Preamble and Reso' 'utions be
published in the Newberry Herald and Ev.
Lutheran for three consecutive issnes.
The follosing rates Of tuition are fixed by
the Board:
Preparatory Department-Reading,
Wiring, Arithmetic, English Gram
mar, Geography, &C.: per month, $500
Classical Deparsment-Latin, Creek,
Mathematics, ST., per month 500
Collegiate Conlse, - 4.50
Incidental Expenses, Prep. Dep'mt,, .25
Coreg'te Course, so
The collector under resolution z, above,
is to he appointed by the President of the
College and secretary and Treasurer of the
Board.
Prof. Smeltzer was retained az the Presi-
dent of the College. The Institution is
placed under his charge, and he is to en-
plov assistants, one or more if necessary,
aud 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 hest effarts to
aid him in sustaining the Institution.
The Institution to be opened lst Monday
in January 1858.
Board adjourned with prayer bv Rev. E.
Caughnan. HENRY SUMNER,
Secretary OF the Board.