Board_of_Trustees_Minutes_1906_1920

For the Committee I report the estimates made by your special committee appointed to affix the values to the Real Estate, Buildings and general equipment of the College as follows: Lea[?] Laboratory $12,000. Library Bildig (Heck & Williams) 18,000. Dormitory 24,000. Wingate Memorial 20,000. Gymnasium 15,000. Alumni Building & Equipment 18,000. Hospital and Equipment 9,000. Books in the Library 20,000. Water Works 500. Furniture in the Dormitory 1,000. Telescope 1,000. Physics Apparatus 2,000. Biology Apparatus 2,000. Chemistry Apparatus 2,700. Applied Maths Apparatus 400. Furniture Presidents Office 125. Grounds in Campus (24 Acres) 25,000. Athleletic Grounds (4 1/3 Acres) Taylor Property 2,200. Medical Apparatus 1500. $179,925. Carey J. Hunter for Com. on Valuation.

[* E.B.Earnshaw *]

President Poteat explained the office of Bursary, Registrar, and Sec of the Faculty. The office by motion (Aydlett) is created. Bro. E. B. Earnshaw is elected to fill the same at a salaray of $1250.00, annually, he to give his full time for the whole year. Adopted.

Mr Earnshaw is elected Assistant Secretary of the Board of Trustees.

[* Scholars *] Moved that one scholarship for each school be extened to students in Stinceon[?] Institute, Piedmont High School, Gastonia[?] Graded School, Fayetteville Graded School and New Burn[?] Graded School. Said scholarships to be on same terms and conditions as other scholarships open to Graded Schools and Academies. J A Oates

Ajourned to meet at 9 A.M. to-morrow.

E B Earnshaw AsstSecy

9 AM. Thursday May 23rd - 1907.

Board called to order by Chmn Ward.

Pray by Dr Marsh

Members present: Ward, Atty Jones, Timberlake, McIntyre, Norwood, Johnson, Vann, Lynch, Richardson Aydlett, Oats, Hobgood, Royall, Thomas, Scarborough, Marsh, Hunter, Hufham, Campbell, Dowd.

Minutes read and approved.

Your committe to report on Librarian, in view of our financial status would recommend no change for the present. Com: - Richardson, Hunter, Lynch. Adopted.

[* Hospital *] Moved that a committee of [illegible] to report on the Hospital of the College and make any recommendations as may deem proper as to its management and future usefulness - E. F. Aydlett Com: Aydlett, Vann, Hobgood, Thomas, Marsh, Norwood.

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Premises & Accommodation

Whereas there is pressing need for boarding accommodation for the students of the College and whereas sufficient accommodation cannot nor be had. That it be the sense of the Committee to take steps to relieve this need and that a committee of three be appointed to have under consideration a plan to secure such relief and report to the Board at a meeting to be held three months hence. Com appointed: Mrs. Tydlett, Lynch, Vann, Leaborough, Holgood

The following report is received and the Secretary is ordered to thank Dr. Coyle for his faithful and very efficient work.

"To the Board of Trustees."

Endowment

In accordance with your action authorizing a loan of $2000 to go on canvass for real endowment, we have secured all available signs in certain most important cities to the extent of the Treasurer having cash and notes $41,655. We are in sight of enough additional subscriptions to carry the total beyond $50,000.

My expenses for traveling & postage have been $243.25.

I desire also to report in connection with the temporary —

At the urgent request of our committee in June last, I was instructed to return to Louisiana for which we then had subscriptions of fair degree, and after the third vacation the canvass was resumed, raising $2399 of $5000 of which is yet paid. This will in the opinion of the Finance Committee be the measure of the result of those Louisiana subscriptions shall have thus paid the sum raised by me for the temporary account of commissions paid by the

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