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Report
of the Treasurer of the University of North Carolina_
The Treasurer having, at the last meeting of the Trustees, made
a full Report of the Funds of the University as far as his information enabled
him to asertain, begs leave to refer the Board thereto for particulars, and and now
submits the following report, including an account, as well of his receipts & ex=
=penditures since his last mention'd Report, as of such ^ monies, Bonds or other Secu=
=rities ^ as have been received by him since that period_ [&e_?]

By the Treasurer's Report of the 5th of July last it will appear, that he had
received, from the 27th of December 1795 to that date, the sum of £1549,, 5,, 3 and
had paid away £707,, 15,, 11 leaving in his hands at that date a balance in Cash
of £841,, 11,, 4_ And by his additional report of the 14th July, it will be seen, that
he had received the further sum of £413,, 19,, 8d_ Since that period he has received
£570,, 18,, 2 which will make the whole amount of his receipts, from the 27th
December 1795 to this date, to be £2534,, 3,, 1

In consequence of an Ordinance passed by the Board at their last meeting,
directing that all claims should be first presented to the Treasurer, and be liquidated
and paid off by him &e, he has discharged several demands, mostly disburse=
=ments for Confiscated Property, of which he has stated a distinct and sepa=
=rate account_ FRom the manner in which these accounts are authenticated, the
Treasruer had every teason to believe the charges just. In the account exhibited
by Mr. Ester (No.21) there is a charge of £3,, 3,, 4 for making a list of those
Deeds furnished Col. Sheppard: Of the justice of this charge, altho' not pro=
=vided for by Act of Assembly, the Treasurer had to reason to entertain any boubt;
and as the service stated in the acct. did not appear to him to be overrated, he
hesitated not to pay it, not doubting that such allowance would meet the
approbation of the Board. It will therefore appear by his Vouchers & Books,
tha
the whole of his disbursements, since the 27th of December 1795, ammounts
to £1505,, 9,, 4 which leaves in his hands at this date a balance in
Cash of £1028,, 13,, 9_ [NAU?]

As the ammount of these sums, received & expended as above states, dif=
=fer from that of the Cash Account in the Books of the Treasurer, although
the Balance be the same, it is to be observed, that the sum lent the steward, (viz
£250) was not stated in the Books, neither were the payments ^ which he reveived, the
Treasurer being advised to omit the entry thereof_ ^ For the payment of this Sum the Steward gave to the Trea=
=surer a Bond & Mortgage, and also a Power of Attorney to collect to that amt.
from the Students_ The Treasurer having accordingly collected £190 & al=
=lowed an acct presented by the Steward of £65 for the board of one Professor &
two Tutors, as directed by the Trustees, gave up to the Steward his Bond, Mortgage
and