The Columbia herald. [volume] (Columbia, Tenn.) 1850-1873, 1872-04-05

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| To be Located I'm Columbia. Tenn.
and Establtshed ON Capital Of One
Hundred thousand Dollars.
A meeting of members of tho Presby-
terrain congregation and Of citizens
of Columbia was held in the Presbyte;
rian Church in this place on Monday
evening last, to receive and act upon G
report from Committee, consisting Of
Messrs. Rev. J. NJ. P. Otis, DIR. j. M
fowler, Chancellor w. s. Fleming, Johu
Frierson, James Andrews, and John A.
Walker, appointed at previous meet
ing to take into consideration the deeir-
abieness and feasibility of establishing
i'm this plaza ian Institution OF the high
est order for female education under
Presbyterian auspices" ard should
they deem such an enterprise desirable
and feasible, to report concerning ways
and means for beginning and carrying
it into effect. The meeting was not
large but it was enthusiastic, and re-
suited i'm actions the most encoUrag-
ing to the friends of the important enter
prise proposed. The following report
was submitted, enthusiastically received
and unanimously adopted.
REPORT OF COMMITTEE.
Your committee would respectfully
state, that they have had under mature
and careful consideration the matter
referred to them at former meeting,
and would now submit the following:
i. That they are fully impressed with
the great importance and urgent neces-
sity of establishing in our midst Fe-
male Institution of learning of the
highest order under Presbyterian
auspices.
2.That, to accomplish this desirable
end, your committee deem it important
that the sum of one hundred thousand
dollars ($1OO, 100000 should be raised by
subscription.
3. That no subscription should be
binding until the sum of seventy-dve
thousand dollars (75)O0.00) shall have
been taken or subscribed, Of which
twenty five thousand dollars (25OOO OO) at
least shall be so taken or subscribed in
the county ofMaury, Tennessee, on good
and solvent persons, whose sOlvency
shall be approved by a Board of Trustees
to be hereafter elected.
4. That said subscriptions shall be
taken in the form of scholarships, half
scholarships, and simple donations; and
shall be perpetual.
5. A full scholarship shall be valued
at one thousand dollars (Sl0O0.00), and
half scholarship at five hundred dollars
($5OO.00.) The former shall entitle the
Lolder of the scrip or certificate there
for, to the free tuitioniof one scholar,
and the latter to half tuition free, in any
or all departments of saidtschool, accord:
ilg to its regular curriculum or course
ofstudies.
6. After the sum of twenty-five thou
sand dollars ($25O00.0O of solvent sub
scriptions shall have been taken in
Maury county, ard approved as before
stated; and after the sum of seventy-flve
thousand dollars (S750O0.00l, including
the county subscription, shall have been
taken, the said subscription shall be
made payable in four equal intallments;
the first upon thirty days notice, and
the remainder upon four, eight, and
twelve months thereafter. But in no
event shall any subscription be binding
or collectabls unless the whole amount
of seventy-five thousand dollars tS75OO0.-
OO) shall have been subscribed as above
stated, including the county subscrip-
ton, an l that too on or before the LIST
day of January 1874. In other words,
ifthe said sum of seventy-five thousand
dollars (S75OOO.O0) shall not be taken on
or before the LIST of January, 1874, then
no subscription shall be binding or col
lectable, but all shall be null and void.
The report goes Oh TO provide for the
immediate opening of subscription
books, and for the election of board of
Trustees with authority and power to
60 forward, either by themselves or by
an agent or agents, to solicit and pro-
cure subscriptions as herein provided,
an.i with authority and directions to
procure q charter or decree of inco-p0ra-
ton from the Chancery Court in Column
bia at its next regular term in June 1872,
by which charter or decree they are to
have themselves invested with authori-
ty and power to do any and all things
necessary and proper to be done, in or
dsr to carry into effect the end and OBJ
jects proposed.
On the submission of this report, it
was unanimously adopted. Short and
enthusiastic addresses were delivered
by Revs. Messrs. Mack, Bryson, Caruth-
ers, and by DIR. fowler and Chancellor
Fleming, all urging the great Importance
of the proposed enter prise, and pointing
out the many great advantages and
benefits that will result from it, as soon
as it shall become an accomplished fact,
both to the material and pecuniary in
telests Of this immediate community,
and to the genei al cause of education and
religion. After which the Rev. Mr.. Otis,
the chairman of the. meeting, arose and
said, that he heartily concurred with all
that the various speakers had said
about the desirableness, Importance
and practicability of the proposed en-
terprise; and that basing his Judgment
and faith upon the manifest determina-
ton and energy,with. which its friends in
Columbia and Maury county we're
about to begin the work, and upon
the known sympathy and aid WIFI
which their efforts at home will be re-
sponded to from abroad, he felt perfect
ly confident and assured OF the speedy
and complete SUI ccess of the enterprise
as thoroughly assured of its ultimate
success as he could be of any contingent
Cy of the future. And believing that the
fim5 had come for talk to give place for
work, he would not longer keep Ea,k the
ernest hearts and ready inds from
the work to hear any address that he had
to make, but proposed that the work
should begin right there and then in
earnestness; and if il did so, he hoped and
believed that it would never experience
any abatement in zeal and energy I'M
til it shall result in the full accomplish
nient OF tue magnificent enterprise.
Books for subscription We're then
opened, and the sum of fifteen thousand
and Eve hundred dollars 1915 800 0O)
Was Immediately subscribed. Several
persons of the thirty or forty that were
present did not subscribe but expressed
their intention of doing so as soon as they
sbou,,;a, make UP their minds as to ex-
act amounts they would take. This De-
ginning is encouraging in the highest oe-
gree. Let the irieRGs OF the enterprise
move On with the work as they nave
begun, and soon their efforts VIII De
crowned with complete and merited
success.
The meeting then adjourned, SINE de,
and the subscribers Immediately met to
elect a Board of Trustees, according to
the provisions of the report adopted in
the beginning ofthe meeting. The cleo
ton resulted in the choice of the follow
ing named gentlemen: Rev: j. NJ. T.
Otis, DIR. J. NJ. fowler, Chancellor W.
S. Fleming, and MessrS. II. d. Titcomb,
John Frierson, Geo. Martin, and James
Andrews. The subscribers then ad-
iourned, sine die, and the Board OF Trus-
tees met and organized no ~ the election
of DIR. j. NJ. fowler to the Office of Pres
ident; John Frierson, President of the
First National Bank of Columbia,
to the 6fffce of treasurer, and James
b. Childress, Esq, to the position of
Secretary for the Board. Thus the
Board of Trustees is now organized and
ready for work, and have already begun
their work with earnestness and ener-
CIV They are all man of dafarmipa.