, 1876-07-23

Mr. Runyan $6, 500, leaving in his hands 81, 39a
a., which was reported AZ sabjcct to cali n Tha
balance left in my hands rs reported WAS 81, 60
| IT. Since the last report have obtained from
BIZ. Runyan 81, 150, still leaving in his hsnds
81, o40. f. f. ios which took his mute some weeks
since
The sum for which hold myaa1: personally re.
sponsible is as follows:
Balance in n1y hands at last report. SO
Received from Z. +. RunTan- ), 10
Contributions s..............-..--....... u
Interest collected. ST
Refunded by teachers. rs....~...-............... 3M
Lea, expenditure. to a..s.. =. :S e;
vs hss'tnS easa9ca IT 81 hs man:y in H. s
:. belonging to the fund. The condition OF tho
fund is ns given above. Balance, 81, 531. IS. De-
netin rs + nunyans Pots theEs
notes Tor the amounts. Respectfully suhaai.set,
J. L. P1cKAED.
MIR. RIcHBERG,
who has resigned the chair to Mr. Covert, said
cnt since April Ii, 1872 Hc had never *,
planned until four weeks ago that afr. Runyan
had any of the money At the time OF that
report AIR. Pcl1ayd had charged himself with
having the whclc amount reported, but now i
appeared that he did not have it, and that It
was in tho hands OF Mr.. Runyan. It was in
possible to understand how this gentleman
could have the money and that fact not appear
in the report. Ar. Runyan i1ad no right to tha
money, and Mr.. Pickard had NO right to allow
him to hold it for four years without notifying
the Board. As to the disposition Of the fund
BY the Superintendent, that was 4 matter for
investigation. Mr.. Runyan's term expired m
1879, when he was succeeded by 1ir. King, who
was President Of the Board until July i, 1871
Mr.. King said that he knew nothing OF the con
dition OF the fund, as no report had been made
to him BY Mr. Pickard. ltwas little singular,
and while he {A1r. H. did not intend charging
the Superintendent with duplicity, yet he
thought his action in this matter censurahle.
1t was not until he was questioned about the
fund that Mr.. Pickard made this statement
OF its condition.
Mr.. Pickard said he would be personally ra-
sponsiblc for the money he had loaned, but not
ftr that which Mr.. Runyan kept in his hands.
He was never notified that the money was sent
to that gentleman Us President OF the Board.
The only notification h= received from New
York was to call upon 3lr. Runyan, as fund.-
we're needed.
Mr.. Richbcrg-Whom we're you notified by!
Mr.. Pickard-The Superintendent at New
York.
Mr.. Richbcrg then moved that the report and
whatever documents pertaincd to it be referred
to the Committee on Special Funds.
afr. Clarke did not want the Board to m1
this matter. The money was contributed with
out special Instructions, and it never became 3
Runyan, ana the Superintendent was directed
to draw on 1t as he required money for relitt
purposes.
Nr. Richbcrg thought the gentlemen miscour
ceivcd the situation. The money was undoubs-
cdly sent for use By the Board. The Superir-.
tcndent was responsible to the Board and
acting as its agent.
Mr. Reed was opposed to discussing the sub-
]cct now. It would be better to refer tho
matter to the Committee, and then everybody
would understand 1t when the report was pre-
5entcd. -
The motion to refer was then carried.
The Board then adjourned.