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The probable income for the next year will be as follows
From dividends on St. Bk. Stock $8000.00
" Tuition fees 6000
" Interest on Investment 1000
" Rent of Professors houses 500
$15,500
These items amount to the sum of Fifteen Thousand five hundred Dollars, which may with ... certainty be considered the permanent annual income, subject to the order of the Board of Trustees. The probable expenditures for the next year will be as follows
For Salary of President $2400.00
" " " 5 Professors 1700 e. 8500
" " " 1 Tutor + instructor french 900
" " " 1 Tutor of Mathematics 800
" " Secretary + Treasurer 500
$13,100
Repairs 1000
Library 500
Botanical Garden 450
Servants hire 250
Periodical Publications 100
Printing, Postage 100
Fire wood 50
Contingent Expenses 175
$15,725"
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