204

( Note at top of page - 'Resolution to collect & pay debt' )

and now due.

Moved and carried that a committee
of two in connection with the
Treasurer be appointed who shall be
empowered to manage the invested funds
of the College as in their judgement they
may deem expedient. Committee
consisting of J.S. Purify, J.M. Heck, and
J.G. Williams.

(note at top of page indicated to be added here)

1 Resolved, That the Pres' of the Board
be and is empowered to transfer any
bonds owned by the Board.

2 Resolved, That the Treasurer of the Board
be and is empowered to collect any
bonds held by the Board, and appro-
piate these to the payment of any of
the debts of the College, by and with
the consent of the obligor on the bonds

3 Mooved, That the Pres' and agent of
the College, use their best endeavors to
get all of the outstanding scholarships
donated back to the College.

4 Treasurers Report was read and approved,

5 Moved, that the action of the Treasurer in
relation to the compromise of L.R. Gwaltney
was approved.

6 Ordered that the Treasurer of this Board be
and is hereby empowered to execute to the legal -
representative of R B Jones, deceased - on bonds
for the payment of the claim held against
the Board by the said R B Jones.

Moved, that the land between the College and
Railroad, be committed to the Campus
Committee to be improved as they may deem
expedient.