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  • Text is exactly "Mr. Mitchell, from the Committee on Finance, made the following report.
    The Committee on Finance beg leave to submit the following report:
    The Treasurer's Report has been examined, audited and approved by your Committee,
    showing a cash balance of $301.45
    and that there has been
    invested in Confederate Bonds $6400.00
    bearing 8 pr cent interest,
    in the purchase of $6000
    in the same.
    The Committee estimate the income for the ensuing year, as follows:
    Dividend in Bank Stock, now declared, $7000.00
    " " " " to be declared, $8000.00
    Interest on Bonds $480.00
    And the expenses as follows:
    Salary of the Chancellor, $2000.00
    " " " Treasurer, $400.00
    Repairs, $350.00
    Negro Hire, $300.00
    Printing and Postage $100.00
    Incidentals $200.00
    There will be rent coming from the Government for the use of the College Buildings as an Eye Infirmary, and from the Boarding House, which can not now be correctly estimates, and these buildings are left in the hands of the Prudential to make the proper arrangements as to the rents. "
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