20

the Executive Committee and the Investment Committee
jointly with power and authority to sell, change or
exchange any of said securities, bonds and stocks that
the said Committees acting jointly may deem best for the
interest of the College.

J. N. HOLDING
T. H. BRIGGS
A_D_O_P_T_E_D. CARY J. HUNTER
N. B. BROUGHTON
W. N. JONES

----------

On motion it is ordered that all speeches be limited to
three minutes and to one speech on each subject.

----------

The following report is received form the Committee on
Fitting School:
[Fitting School] REPORT ON FITTING SCHOOL
We reccomend that the Fitting School be established
on the following lines:
1. Employing a teacher--compensation referred to the
Bord (Salary offered Prof. Ferrell $1200⁰⁰)
2. Separating the sub-collegiate from the collegiate
students.
3. Renting a house or houses for dormitory purposes.
4. Equiping and adapting the Little Chapel as a study
hall.
5. The appointment of Messrs Poteat, Eatman and
Brewer to co-operate with the Executive Committee in
arranging such details this summer as may not be arranged
by the Board in session now.

J. W. BAILEY
L. JOHNSON.
N. B. BROUGHTON
A_D_O_P_T_E_D.

----------
[Committee to appoint]
[Head Master [Illegible]]
[for fitting school]

Bro. Bailey moved that a Committee be appointed
to nominate a Head Master for the Fitting School. The
following gentlemen are appointed to serve on that
Committee: Messrs Bailey, Norwood and Johnson.

----------

The following report is received from the Committee on
the "Advisability of Purchasing Other Real Estate:"
[Buy Real Estate] "Your committee on the Advisability of purchasing
other real estate" beg to report that we recomment the
purchase of the Taylor house at the price of $2700⁰⁰;
that a committee be appointed to negotiate the purchase
of other real estate with full power to act with the
approval of the Investing Committee, and that the
purchase money be paid from funds the Treasurer is hereby
authorized to borrow for said purpose.
WARD
ADOPTED ROYALL
TIMBERLAKE, Committee"
The following committee isappointed: Messrs ROYALL,
TIMBERLAKE and LYNCH.

----------
[Scholarship]
The following report is received from Committee
on Scholarships:
"Your Committee to whom was referred the subject