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The Receipts for the ensuing fiscal year may be estimated as follows.
From Dividends on Bank Stock $5000.00
Tuition fees 5000.00
Interest on ... Notes 1075.50
Fines + Forfeitures 150.00
Rent of Proffessors Houses 501.00
14726.50
Add balance on hands 1752.76
Total amount available $16479.26
The following is the estimate of Expenditures
viz. Salaries
To President Church $2200.00
To 4 Professors @ $1500 6000.00
To Tutor Fulton 900.00
To "" Pond 600.00
To adjunct Prof. Wood 1000.00
Balance to Prof. Jackson 750.00
To Secretary + Treasurer 450.00
Repairs on College Buildings 500.00
... of College Library 500.00
Botanical Garden 500.00
Servant hire 225.00
Printing Catalogue Books 180.00
Fire wood, Printing, Postage etc. 375.00
Estimated Expenditures $14180.00
"
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