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Called at residence of H Green Esq prayers by Bp Elliott -- Roll called quorum
Com on Finance made rept. L. Mitchell {illegible: Resolved?} Mr. Crane {illegible: Lexburg? Rexburg? Leasburg?} Mr.
Fairbanks {illegible} -- Craighead reelected Treasurer {illegible} of Mitchell
{illegible} {illegible} to {illegible: best? last?} Secy -- {illegible} {illegible} {illegible} --

Rept Bp Elliott {illegible: C? @?}.

The undersigned late am of the Commissioners appointed by the Board
of Trustees of the University of the South for the collection and preservation of
the endowment of the University of the South beg leave to report.

That the Com'rs as soon after the adjournment of the Board as
was practicable took advice from some of the most experienced Lay
Trustees as to the practicability of continuing their mission. The unani-
mous assertion of these gentlemen was that nothing could be effected in
the way of collection in the {illegible} uncertain and {illegible: disturbed?} condition of
the country and especially while the position of Tennessee was undecided.
Their advice was to place every thing in connection with the University
in as {illegible} condition as possible & wait events. In pursuance
of the instruction of the Board the com'rs under the direction of the
Board of Trustees proceeded as rapidly as incoming revenue would permit
to liquidate the outstanding claims upon the University & to put
a stop at once to all expenditures -- Many were engaged in this work
when they were separated by secession {illegible} & more and circumstances
have entirely prevented their meeting since the secession of Tennessee
North Carolina & Arkansas has reunited our Dioceses. It was
useless to prosecute any work so long as Tennessee remained in the
old Union & as she did not determine her status until {illegible: June? Jan?} last
when the country was in the confusion of war & my colleague
was defending his {illegible: house? home?} {illegible: opposed?} nothing has been done to advance the
University. -- It is impossible for the undersigned to make any
detailed account of the receipts & expenditures of the {illegible: Comsr?}
without consultation with his colleague in {illegible: both?} {illegible: propose?} an
all the accounts & vouchers. {illegible} position in the {illegible: army?} of the Co