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1857-2
A STATEMENT OF THE DONATIONS FROM CLEVELAND, TENNESSEE, TO THE SOUTHERN UNIVERSITY, PROVIDED IT IS LOCATED IN THAT VICINITY.
1st. The Citizens propse to donate for the site Twelve Hundred Acres of Land, as shown by a map in the possession of Col. Barney.
2d. A.J. White, Esq., offers the free use of his Marble Quarry. This quarry is three-fourths of a mile from the great Spring, and is easily accessible, and inexhaustible--specimens of the marble are here to be seen,
3d. Thomas H. Callaway offers his mineral interest in Eighteen Thousand Acres of Land, being one-half, which land is fully shown and described in C.A. Proctor's map, (the State Assayor. John B. Tipton, who owns the other half, refused fifty thousand dollars for his interest, and I do not believe that he would take One Hundred Thousand Dollars. Professor Currey, author of the "Geology of Tennessee," reports favorabley of its indications for Copper and other valuable minerals.
4th. A. Fitzgerald offers his interest in one of two properties--the institution to take choice --being one-fourth of the "Johnston property," in Towns County, Georgia, or one-fourth of the "Cherry Log property," in the vicinity of Duck Town, both believed to be very valuable copper mines.
5th. Thomas H. Callaway and A. Fitzgerald offer Ten Thousand Dollars each, making Twenty Thousand Dollars, in the Stock of the Southern Copper Mining Company now being formed (when said Company shall be organized) free from any demands for working the mines --One Hundred Thousand Dollars in Cash being set apart by the Company as their working Capital.
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A STATMENT OF THE DONATIONS FROM CLEVELAND, TENNESSEE, TO THE SOUTHERN UNIVERSITY, PROVIDED IT IS LOCATED IN THAT VICINITY.
1st. The Citizens propse to donate for the site Twelve Hundred Acres of Land, as shown by a map in the possession of Col. Barney.
2d. A.J. White, Esq., offers the free use of his Marble Quarry. This quarry is three-fourths of a mile from the great Spring, and is easily accessible, and inexhaustible--specimens of the marble are here to be seen,
3d. Thomas H. Callaway offers his mineral interest in Eighteen Thousand Acres of Land, being one-half, which land is fully shown and described in C.A. Proctor's map, (the State Assayor. John B. Tipton, who owns the owther half, refused fifty thousand dollars for his interest, and I do not believe that he would take One Hundred Thousand Dollars. Professor Currey, author of the "Geology of Tennessee," reports favorabley of its indications for Copper and other valuable minerals.
4th. A. Fitzgerald offers his interest in one of two peroperties--the institution to take choice --being one-fourth of the "Johnston property," in Towns County, Georgia, or one-fourth of the "Cherry Log property," in the vicinity of Duck Town, both believed to be very valuable copper mines.
5th. Thomas H. Callaway and A. Fitzgerald offer Ten Thousand Dollars each, making Twenty Thousand Dollars, in the Stock of the Southern Copper Mining Company now being formed (when said Company shall be organized) free from any demands for working the mines --One Hundred Thousand Dollars in Cash being set apart by the Company as their working Capital.