Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1874-02-27

same and with what result
4th. What is fie condition ~ ~
agricultural college fund, w!ie.. nassn ,'
lntothe aans:s of ,he Board Of "r,,'
tees OF the University? WIT w.
realized from the land Scrip issued go
this Object? What use has been mai
of 1T, or any part OF ii? What ~,
manned, and how mnch such rene,
der has been dispose d of Or Invest
and what iuteFcst has been cia!dn>,
from il, il any?
Mr. Man,iiug moved To amend liz
resolution i'y adding thereto tie fnI-
lowing: ''-
That to carry out the foreroin,
rss"l nt;"sts, !. committee Of thran
shall ~ appointed by The President "
Mr.. Glmer moved to further amen;
the resolutions by adding thereto tl1-
following
Licsotced, That tie secretary and
treasurer be instructed toasccrtain ard
report at the first meeting OF both The
executive committee and the board OF
trustees the most definite. certain and
terms upon which the
creditors Of the University will com
promise, adjust, fund or otherwise ar
range their claims against the Tniver-
sity.
The amendment prevailed.
-Af. Battle moved to further amend
the resolutions by adding thereto the
following
Resn' cd, That the executive CON-
mittee be authorized, upon receiving
the report of the committee aforesaid
to contract for such repairs as they
may deem necessary and may be with
in the means at their command.
The amendment prevailed, and the
question recurring on their adoption
the resolutions, as amended were
adopted
MI. Graham introduced the follow.
ing resolution.
Rcso5rcd, That 4 secretary an,itrs
ercr be appointed, and he Is intrns.sd
TO receive from the recent secr.tar,.
aud treasurer, all records, books OF ac-
count, and other papers and moneys.
with the evidences Of titles to property
belonging to the corporation, and To
receipt for the same, and to settle tie
account of SAID secIo tarv and treasurer
wife the board.
That 4 committee Of mc..i.ers
be appointed to visit the seat OF The
University, inspect the buildings and
other property there, and commit them
to the care and supervision OF some
person or persons, who shall pro.ey;
them from trespa<s cr inivrv. til .ho
further order of the board.
1t being known, however. hat there
Is a deficiency OF means available for
this purpose, - pat the University it,
n I ute n
ten Of instruction,
Mr.. AIMS moved to TIL the b,a;,k
IL tie third Ieso lttiou by inserting
the word "thfe2. The motion pre-
vailed
Air. Battle moved to further amend
tie resolution By inserting after the
wong members" tie words lone of
whom ana the chairman Of said COM
mittec, snail be the pr sident of the
Board OF Trustees" The motion pre-
vailed
'ine question then recurring on their
adoption as amended, the resolutions
Were adopted.
~. Fare 9th moved than when this
board asiiourns 1t Will adjourn to meet
on the ST. OF April, 1874. The motion
v.>i!C1.
Mr. Graham offered iIle following
Resolutions:
Rcs0itcd, That the secretary ma
treasurer be authorized to appoint at
torne.,s N relation 20 property accru.
ing from escheats, unclaimed dividends
or distributive shares Of estates OF de-
ceased persons and to settle with any
such as have made collections hereto
fore
Resolved, That Il coIdmittee OF -
members be appointed to inquire and
report proper mode of appeal to the
public Tor donations III aid of the pre-
sent means and tuition fees and 10
this end, to CTtr to generous donors,
Inducements, by connecting their
names with buildings, professorships,
or other methods of appropriate dis
tlnctloD---and that sad committee pre-
pare accordingly, a circular letter, to
be transmitted TO The friends OF liberal
learning throughout the country.
That the members OF this beard
deeply regret that from The brief time
TO intervene, and tie present def
cheney OF funds, they cannot hope 10
open the University for the reception
CT stInents 1T the usual period III the
cushing summer, but they ardent!y
hope, that in the course of another
year, with lie intervention of 4 session
of the Legislature. to see this noble
Institution. SO long the pride and
glory Of. tl!c state, renovated and rts-
tered 10 its furlacr usefulness aud rep
utatiOn
Wr. Manning moved to ;noE,l tie
second resolution by striking out the
words "a committee 0f-nlembcrs be
and insert the words "the
committee ordered to be raised by t!.a
resolution Just adopted by the hoard.
The amendment prevailed.
The President announced tic follow
ing committees:
Committe raised un;Jec the first $3.50
linton adopted by tie board, viz:
E1cssfs. y. L. Steele, L. {. Came
ron and ". L. Saunders.
Committee raised or the second
resolution adopted this morning, VIZ:
Messrs. ". 4. Graham, X. T. Bat
tie aid John Manning.
Nh. Graham offered the following
resolution;
Rc&o'rCG;; That the Secretary and
treasurer bo instructed to cali upon
\. ". Woodiin Esq, at his convent
cnce, to report to TINS board the state
of the titles cf the tract or tracts OF
land under Ii 5 charge belonging to tie
board. where said lands are situated,
the number of acres, and AZ estimate
OF their value.
The resolution Was adopted.
Mr.. Means oGered the following
Resolution:
RcSoIyeti: That the president Of tue
hoard appoint = special ,o.n9l;tr- Q;
five 10 prepare and report to the hoart
as soon as practicable, some feasibc
plan for organizing the University uH-
on the most improved :! stem.
The resolution was adopted, and tie
president announced the following
as constituting the committee;
Messrs. Paul 3. Means, Il. !. Grady,
z. Il. Vance, ". L. NaItlr, and Rc'
NELL Mckay.
On motion, the loar,l 81 o"rns,,.
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