Louisiana capitolian. (Baton Rouge, La.) 1879-1881, 1880-10-07
REGULAR MEETING OF THE
Board of Supervisors
OF THE
state University and
a. and Nj. College.
FIRST DAY.

Ihe board OF Supervisors OF the Loai-
siana State University and A. and NJ.
College met in regular session at the
University, in Baton Rouge, on Monday
October 4th, 1880, tho following mem-
bers being present and answering to
their names Gov. l.. A. Wilt. ex-offi-
clio President, L. Jastrcmski, Vice Presi-
dent, E. H. Fay, Superintendent of Pub
lie Education, Messrs. Walton. Edwards,
Dolhonde aud Pipes, members Of the
Board.
The President announced that q pro-
visional quorum being present, the
Board was ready for the transaction of
business.
At the request of the President, the
Vice President made statement of the
busin ess transacted since the organiza-
ton of the Board.
On motion of Mr.. Walton, a commit
tee of three members was appointed to
invite Mr.. D. F. Boyd to come before the
Board and state any causes of grievance
that he might have against this Board,
with the view of having same removed
if possible. Said committee was instruc-
ted to assure Mr.. Boyd that his appear
ance would not be construed into rec
ognition, on bis part, of the legal status
of this Board.
The President appointed on said COM
mittee, Messrs. Walton, Edwards and
Pipes.
Said committee having retired for the
purpose of extending said invitation,
returned and reported that Mr.. Boyd
was absent from tho building and had
been sent for.
The minutes of August E, 1880, were
read and approved.
The Treasurer submitted the follow
ing report, which OF motion was re-
ceived and referred to the Finance Com
mittee:
BATON ROUGE October 18th, 1850.
To tho Hon. Board of Supervisors of the La.
State University & A. L. NJ. College:
GENTLEMEy-Herowith I hand you detailed
statement OF my account as Treasurer with Eli
dowment Fund from Aug. to date, showing:
Balance to credit of said fund as pcrlast
report. ......... ................ 1877 Is
Disbursements for same period as per
vouchers No. to 80 inclusive. 4348 II
Leaving balance Oh hand Of. $3.50 81
In State Nat. Blk, N. O....... 1884 "a
my hands. Observation-Disclosures. Is OO-S2949 "a
Byreference to my books you will find that all
salaries have been paid from May to Oct. |,
1850, with the exception of that of Col. d. f.
Boyd, Prest. of Faculty-thcre being at his
credit the sum Of slO41 66IOO.
The note given by rue as Treasurer to Mr..
Isidooe Newman, Of New Orleans, for 81, 100 90
natures Nov. y, 1880. and az stated in former
report is secured by pledge of rs State warrants,
Is Of which represent 81, 500 90 of the $4,000 90
State appropriation for the year; Is represent
s7,277 SO, the one half of the annual interest from
tho Genl Government and 36 represent the $ll,.
$50 90 belonging to tho La. State University and
held by tho La. StCte University and A. e. M.
paid by this institution to the La Nat Bank Of
New Orleans-being tho note of D. +. Boyd and
interest thereon.
You will see by tho above statement that the
La. State University and a. Il NJ. College has
pledged warrants to the amount of $26,327 81,
and that 81, $50 90 Of same belong to the La
State University. leaving only sl4,777 50 act',-
ally the property Of the La. State University and
A. and NJ. College in the hands of the broker
There is still duo by the State on this years
appropriation
One fourth the annual appropriation
OF Hooo, say'..'.. $500 90
Ono half of endowment from U. States. 7,277 50
Making. NEUTRALITY-SUSPICIOUS.. 9,777 50
Add sum already stated, sas .......... 4,77 SO
fetal. ~ $50 81
to pay the indebtedness of 81, 100 to Isidorc !
Newman aud the salaries of the professors sec, ]
rotary and treasurer and other necessary and
legitimate expenses to the 3lst December, 1880 !
which will closely approximate $4,000, making
together about $l6, Co., which the Endowment !
Fund will have to meet out of this years appro. |
priation Of s2,655 65, towards which have in |
hand, as already stated $,s49 81.
There ia tho sum Of $50 060 in warrants in the |
hands Of tho Auditing Board, to be converted !
iuiO napy bOhus, WHICH are worth tOtlay I
abont fifty cents on the dollar, and if sold |
would realize the sum of $40, 600. This amount |
added to what the S24, SIS IS would bring if sold,
would certainly put tho finances of the Institu. |
ton In good csndition-always keeping in view |
tho y $40 "a cash now on hand and tho 81, 1914 IS
due by the La. State University.
will state that in accordance with the reso.
luton passed by your Honorable Board at its
session in August last made demand on Mr. !
VIM. Markham for all books, papers, receipts |
etc. III his possession belonging to tho Institu
ton, hut up to this time have received nothing
from him.
There arc seventy-five dollars to the credit of
Maintenance Fund, same being amount depo |
sited in State National Bank to nv credit as |
treasurer by ThOs. ?. Clinton, of ST. Joseph, La |
In addition to statement first mentioned herein |
l beg leave to submit Trial Balance of nv |
hooks.
II. SKOLFIEDD,
Treas. La. State Y. g. A. g. NJ. College.
During the reading of said report Mr..
Boyd entered and lengthy conference
was held between him and the members
Of the Board.
The Finance Committee asked for and |
obtained further time, as did also the
Committee on State of College and the
Committee OH Rules and Regulations.
In behalf of the committee on the pro-
perty belonging to the Board, situated
in St. Bernard parish, Mr.. Dolhonde re.
ported that Mr.. Beauregard had called
on Mr.. Rountree, the former custodian