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[Letterhead - Top] SAPITENTIA ET DOCTRINA STABILITAS

1902-03

[?] the Board to advance this amount, the A.M.S. guaranteeing
to put the grounds in good condidtion, to pay interest at 5%
and to give a first lien, or charge thereon. The application
was remitted to the Estates Committee, to issue the
[?]ame, if it saw fit to do so, sports having their place in
College life.
During those years, and with the expansion of the
University, it had been growingly noticeable how much
of the business administration of the University was
handled by the Finance and Estates Committee.
And this was inevitable. In the intervals of the Board
meetings new questions and urgencies would arise
which must be promptly dealt with, and the
Committee must act, later reporting everything done
in detail to the Board for confirmation.
The astronomical Observatory being a scientific appendix
to the University, and also a source of some revenue
from the Government for services rendered, and its
housing being inadequate, the Finance and Estates
Committee was instructed to provide it with suitable
quarters. This was promptly done, and the well designed
substantial stone building now stands on the corner of
Stuart St., and University Avenue, a site donated by
the Chairman, Hon. Justice Maclennan.

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