Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1902-04-05
three ITEMS o. interest on overdrafts paid

III the EDnQuCL OF the budlIA VI lHt iilAtllA-
ton; and though occurring while there
was money which had been appropriated
for the Institution still unused and TO the
credit Of the Industrial Institute and Col
lege In the State treasury. the governor
In his discretion had declined to permit
same to be drawn therefrom at the time
when 1t became necessary in the conduct
Of the ordinary affairs Of the college to
expend same and the account Of said In
dustrlal Institute and College being over
drawn. the interest accrued as necessary
incident; and while this committee would
deprecate the practice Of permitting the ae-
cruIng Of interest on over-drafts while
moneys are lying idle In the treasury, which
have been appropriated for the purpose Of
the institution, we are Of the opinion that
the Interest," charged and paid was proper
and that both the charge and the interest
and its payment were legal acts.
8. 1t is the Judgment Of this committee
that the board Of trustees had the legal
right to employ one Of It's members as
land agent, and to pay to him salary FOR
services rendered
Z. In the opinion Of this committee the
State has no legal right TO claim credit
for the incidental fund as State fund;
yet we have thoroughly investigated the
receipts and disbursements Of this fund
and we fund that all funds received from
all sources other than the State approprla-
tlon, are proDerly entered on the books
and accounted for and that the expend"
lures have been properly made and ars
supported by proper entries and vouchers
large part of said incidental fund, which
includes the music fund, inhrmary fees,
matrculalion and other incidental fees,
have been used in the construction, equip
ment and repair Of buildings at and for
the college also for the industrial expenses
Of the college for the salaries of teachers
and employees in such departments and all
the expenses incident to such departments.
We find that there has been received:
For matricuatiOn fees. ........ So 0Q0099
tuition .....s..... 1000 oot'Jf
Chemicals, zoology and physics. 4SJ,VO
$ sonai license Ice Sc ....,.....t..... 54e645
deD,e balance Of o. .... w.. 26764
Paid on salaries other than teach ao, 40
ers ............ ....''''''''' a,oot'VVVV
Paid on new buildings .......... 5,423Q0
Paid on books for library .,,..., 2lS.2o
For sundry loans to State iund, re-
| pairs stationery, books, postage,
freight, express, cost OF chem
! icals, printing, etc., ..t.'.'.. o,Itl'IS
| Leaving an apparent debit bal -oo
ance OF ............. Us ~
When loans to State funds are returned
there will be, as Of on January J. 1902,
| an actual credit balance Of 81 9oI6O.
lnirmary fund, l00Ol9Ol:
| January l, 1900 on hand. ......S 49o.1O
| Received from students for fees. 4,204.lQ
| Paid on salaries ..,.....'....,' S59VD
| On new buildings .........s'... IOOUOO
Medicine bedding, furniture labor,
planes ''e ....... ' 1,s798O
Transfer on salary account State
1901 ACKNOWLEDGEMENTS. 1900, 1,453.7S
Ae cembsr g. od isoi . Vn lD"l 27.57
| When loan to State funds Is re-
turned there will be to the credit
OF this FUND .......,...''''' li4Zl'3o
Music fund
January !. 1900 on hand .......s 422 40
Received from students for fees. IL 1854 05
Returned loans from State ....., SONQ0
Sundrles .....H.H....,.,t ''.''s's 4.OV
Paid on salaries .....,..ss..... o,OtuSI
Paid on new pianos ........:.. 0OOOO
tn tGnings, etc. l1e ..t....'...i.... 5228s
State fund .................. 4s35 90
When salary loan is returned there
will be an actual credit bal
| ance OF ..........,.'.. .....'.'.'' Zt4Bo.oO
s. This committee finds statements OF
expenditures have not been submitted to
the Governor during the last two years for
his approval but such statements have
been submitted to the Board Of Trustees
from time to time during the last two
years, the Governor being ex-oticio presi-
dent Of said Board Of Trustees.
.. This committee 1nds that the sal.
aries Of some of the teachers and officials
of said institution have been increased dur
ing the past two years, while others have
I IT. .t-Fr H,fr foh
in the judgment Of the committee Is wisely
within the sound discretion Of the Board
OF Trustees We find, however, that the
salaries have not been increased so that
the sum total Of salaries to be paid ex.
ceeds the appropriation made for the pay
ment Of salaries. On the contrary, all the
funds appropriated in 1900 for salaries was
: not expended the surplus of about $1,000
having been judlclousy expended In the
erection. furnishings and repairs Of build
! lngs for the benefit Of the college. The in
crease Of salaries as stated, is not In the
Judgment Of your committee a violation
Of law.
:, 10. This committee has investigated all
;, other matters connected with said instltu
= ton and In the conduct Of said inyestiga
=, ton has employed an expert accountant
"a / WHOSE lHlULl Nc nFAEMAtu SUMMIT 0AAnff AA4t
!. that the books are properly kept, and thai
/, all receipts and disbursements have beer
|, properly entered on said books and prope
=, vouchers taken for all disbursements
~ 1t is the Judgment Of this committee
=. that all the expenditures and dsburse
:, ments have been proper and for the bes
= interest Of the Institution. We have ex
- amlued prominent citizens touching tn
] 49,
AZ and treasurer who has charge Of the book
of said institution, and who Is responsible
n. for the expenditures Of the money for tn
~ purposes for which It was Intended, an
nj we are pleased to report that we are sati;
nj fed that he is a gentleman thorough
90 competent, conscientious, reliable and hoI
est
or The sanitary condition of the college
al Of the best. The hospital department is III
10 der the most competent supervision W
nj find that the doctor In charge OF the il
M Urinary has treated more than 1000 cast
ed during the last twelve months that durin
90 the five years that DR., Jones has ha
or charge Of the inGrmary department thel
i'd have been only two deaths In the eolleg
al Under her care and supervision the healt
he of the students has been remarkably GOO
on and 1t is in proof that the students al
les stronger physically at the close OF the Sc
tn sion than when they enter the college.
as We find that all the industrial depar
ew ments have been ampllfed and increas'
lgs and many new Industrial department
it added during the last two years. We wi
Iue to emphasize the fact that this Institute
The affords to the poor girls of our State u
OF. equaled opportunities for obtaining an ed
the cation at minimum cost. The board
alf furnished to the students In the dormito
tic at its actual cost, which averages as a II
of about $3.50 per month, which includes
.es- the living expenses of the students
ne board, lodging, light, fuel, laundry, e
,es- The full session. Including matrlculati
his and hospital fees may be completed at
as cost of about $50,
tho In conclusion, this committee begs to S
~. that after full and thorough Investigate
the on The affairs of the college, we lind
act solutely no cause for complaint, We ii
all the moneys appropriated by the STA
the as well rs all moneys received from In
no., dental or other sources, have been fully
- counted for, and all disbursements made
ing sustained by legal and proper vouchers.
aid is a matter of sincere congratulation to
state that II has such a magnificent ini
he tuition SO ably and successfully managed
The greatest harmony prevails throu
'otl out the Institution, both between the prs
lent dent, faculty and student body, as well
ries all the officials connected Herewith.
ava. This committee would call attention
wv the fact that while the institution Is fal
gen well equipped In all its departments th
f.t. aAI oil