^B ;23 yi H- ^M M-or-^--vv->.' of No. 41. SENATE, MARCH 4, 1853. REPORT Of the majority of the Commissioners to examine the affairs of Union College. At a meeting of the commission on the affairs of Union College held this day, March 1, 1853, were present the Comptroller, Judge Buel, P. S. Van Rensselaer and J. N. Campbell, when it was agreed by the undersigned (Judge Buel and Mr. Van Rensselaer dissenting), to send into the Senate the following report, viz : To the Senate of the State of New- York: The undersigned, members of the commission appointed by the resolution of the Senate adopted April 12th, 1851, "to examine into the pecuniary affairs of Union College, and report upon the same," respectfully submit the statement, under oath, of their accountant herewith transmitted. This statement is the result of the examination made by the accountant of the books and vouchers of Union College, delivered to him by the officers of the College, and is believed by the undersigned to be a true and full exhibit of the pecuniary condition of that institution as pre- sented by said books and vouchers, as authenticated annually by the treasurer thereof. From this statement it appears that the whole amount receiv- ed by the College is, [Senate, No. 47.] 1 [u.n v ] 276635 2 [SENATE Original grants and endowments, .............. $41 ,258 73 \ Grants and endowments by the Legislature^ . . . * . 704,836 64 Bequests and donations, 785 00 Sale of old college buildings, 78,766 79 \ Kevenue above expenses, ...*....* ....*. 432,095 61 $1,257,742 78 Whole amount of property now held by the College. College buildings, real estate, library and appa- ratus, $197,279 94i Investments,. . . * * * * * 142,321 18 Liabilities. Permanent fund, *...*. $138,656 44 Grants for library and apparatus unexpended, . . . 17,648 04 For revenue, * * 57,906 Debt, 21 ,260 07 $235,471 06J To meet which investments, 142,321 18| Deficiency, * $93,149 88 President's indebtedness. Hunter and Stuyvesant property, $184,256 06 Interest, 184,770 13 Other debts, 191,509 40 Interest, 322,254 05 $885,789 62 President's receipts from Yates & Mclntyre from lotteries, inde- pendently of college lotteries, $192,199 94 From Union College, exclusive of President's fund, 107,687 44 $299,887 38 J. N. CAMPBELL. JOHN C. WRIGHT. No. 41.] 3 I have cursorily examined the balance sheets and statements of the accountant employed by the commissioners appointed to examine into the pecuniary affairs of Union College, and concur in the above report, L. S. CHATFIELD. REPORT Of the minority of the Commissioners appointed to examine the affairs of Union College. To the Honorable the Senate of the Gtate of New York : The undersigned, two of the commissioners appointed to en- quire into the pecuniary affairs of Union College, by a resolution of the Senate of the 3d July, 1851, to join a commission previously appointed by a resolution of the 12th April, 1851, and specially instructed in respect to their duties, by a resolution of the 28th of June, 1851, respectfully ask leave to express their dissent from the action of two of their number, not constituting a majo- rity, in presenting to the Senate the statements of the accountant employed by them to examine the books of Union College. By the terms of the said resolutions, the undersigned can not but understand that the Commissioners were not only to employ an accountant to examine the books and accounts of the College, and prepare statements exhibiting the results of such examina- tions, but they were bound to verify those statements and results themselves, and to investigate and report in the terms of the re- solution of 28th June, whether the funds granted by the State have been duly applied to the objects specified in the respective grants,"." whether the permanent funds so granted remain entire and are safely invested," " whether any funds belonging to the College have been applied to any personal purpose by the Presi- dent, or any other officer or person," " whether any and what losses have occurred in the management of the College, and the cause of such losses," and " whether the President or any other officer has participated in the profits of any lotteries which were appropriated by the actg granting such lotteries to Union College." 4 [SENATE The requirement to report on all these points, implies by the very force of the term, that the commission were to form and ex, press their own convictions from an examination of the evidence. The undersigned can not suppose that two of the highest exe- cutive officers of the State and three Regents of the University, were commissioned merely to appoint an accountant and trans- mit the result of his labors to the Senate a duty that might as well be performed by the president or secretary of the Senate. On the first of March inst,, the first meeting of the commission ers, since the completion of the accountant's duties, was held, at which four of them were present, and at which the statements and schedules, which the accountant thought it necessary to make, were laid before them. These statements and schedules are quite voluminous, and the undersigned have had no sufficient oppor^ tunity to examine them and form any opinion of the principles upon which they have been made out, or the data on w r hich they are founded ; nor was there any explanation of those principles and data given to the commission. The resolutions require the commission, or a majority of them, to visit the college and examine its officers and other persons, touching the subjects to be investigated. This duty has not been performed by any of the commission, although invited by a letter of July 23d, 1851, from a committee of the trustees to do so, and to apprise the committee of the time and place of such meeting, and preferring their assistance in the investigation. Neither the president nor the trustees have had any opportu- nity of examining the statements and schedules submitted by the accountant, or of making any explanation of them, or shewing any errors therein ; and previous to the last meeting of the com- mission on the 1st of March inst., another letter was received from the committee of the trustees, soliciting an opportunity for such examination. The undersigned were desirous of affording them such an op- portunity, but the two members of the commission above referred to, refused to afford such an opportunity, and insisted upon trans- mitting to your honorable body, the statements and schedules as prepared by the accountant. No. 41. 1 5 To this course the undersigned could not assent for the reasons above given, and they wish by this communication to exonerate themselves from the responsibility of such a proceeding. DAVID BUEL, JR., P. S. VAN RENSSELAER, Albany, March 3d, 1853. REPORT OF THE ACCOUNTANT. SCHEDULES, The Report of the Accountant to the Hon. the Com- mission 011 Union College. L. VANDERHEYDEN. PHILIP FORD. ALBANY, March 1, 1853. ( No. 1. ) SUMMARY STATEMENT SHOWING THE CONDITION OF UNION COLLEGE ON THE FIRST DAY OF JAN., 1853. Original grants and endowments, viz. : From subscriptions, $7 ,433 trustees of Schenectady patent, 24,954 the Reformed Dutch Church, Schenectady, 8 ,307 63 old academy debts, 563 92 $41,258 Grants and endowments from the State of New- York, viz. ; Act April 9, 1795, irrespective of int't, $269 58 Act do 11,1796, do do .. 10,000 00 Act Mar. 30, 1797, do do .. 1,500 00 Act do 7,1800, do do .. 10,000 00 Act do 7,1800, do do .. 43,656 44 Act April 8, 1801, \ Act do 3,1802, $ .. 15,084 82 ActMar.30,1805, do do .. 80,000 00 Act Apl. 13, 1814, I Act do 3,1822, J do do do do ..355,593 26 Carriedforward, ft 1 . (B 6 [SENATE Brought forward, $ Act April 5, 1822, supervision and management of lotteries, 104 ,732 54 Six years interest received on act April 13, 1814, 84,00000 Total grants from Legislature,. . 704,836 64 Bequest from Abraham Yates, Jr.,. . 250 JJO do Goldsbrow Banyer,... 500 00 Grant from Presbytery of Albany,.. 35 00 785 00 From proceeds of sale of West College buildings and site, 78,766 79 Debts owing by Union College, 21 ,260 07 Revenue of Union College from 1795 to January 1853, above all expenses, 432,095 61 $1,279,002 85 Cr. West College buildings and grounds including the repurchase in 1836, $55,684 05J New college buildings and grounds erected since 1812,... 106,904 19 New philosophical hall erected in 1852, 6,281 37 $168,869 62 Real estate other than college grounds, 2,100 99 Library and apparatus, $22 ,748 51 Classical library, 2 ,807 82J- Telescopes, barometers, &c., 753 00 26,309 33J Investments, viz ; In Bonds and mortgages, . $77,237 63 Bonds, 6,165 94 Notes, 2,042 26 Contracts for land, 2,019 20 Accounts, 25,411 44J Carried forward, No. 41.] 7 Brought forward, $ In Bank stocks, 18,332 90 Plank road stocks, 2 ,300 00 ^Manufacturing stocks, 1 , 500 00 West Troy durable leases, 7 ,311 81 142,321 184 Interest accrued on above investments, . . 8 , 393 27 Losses in investments, &c., 44,727 14 Cash on hand, $73 52 in bank, 414 04 $487 56 Due from Eliphalet Nott,. . 885,789 62 Total, $1 ,279,002 85 [SENATE 0* Oi-OOt>^O<-^OO xOO001>COCOOxOOOOOOO O 00 00 O ^ CO l> xO O CO C* xO O oo i> 10 o 00 00 Oi O CO t> CO t- CO r-t i i CO 1-4 r-i r}< CO r-i & ^ fc ^ a ee g ^ rh ^3 5 S o o^S^ 3 K| .^5 S

CO CO O CM O> O O CO' O 00 CM O CO CO i-r 03 i-i CO i-< CD CO O d> O O O CO r- < O CM iO O CO 00 O O 'X I> O O O i> O xo oi o o CM CM i> C^ 3 CO o CM CO O O O ,-^S. __u , - w__ CO CO iO i> 00 CO Oi O o -+JI < fi oT cf 2 4 iii So g A SD S 8> si-S rt ^ ce .g g i- 6 fl >> J *- oo H o fl S JS^ H OQ H "O ?^^ s :H^ OQ it* *33 ^^ 5^ C6 3 *^ Igg 5co ; JS JS^> M O ,3 6 w ^ ill-g 0? 2j wj 3) f! a -o s 9 S-2 *,3*S-a O2 -4^ GT3 e6 ^ C S l.S. & 8 S a ^ a SH a a - a? cs a> o a? a> S p^m A q a, A be M ^ M ^ > 00 OO CO ttO rf Ci 00 Oi O5 O O Oi O O iO O O 00 CM O O o O xO Tj< o 00 co O O CO CO ^ 00 CM CM C5i CO C* Ci r^ 1 . O o CO 00 ^ d . ^ i I-H n 1 1 ill "H &s? 0) co O 13' 1 V2 W5 ?3 Wt* I o 10 [SENATE 1 0> fc W 0000 o o o o == as a z o^ "I w !! ~ '- --- & .Bl fe o=s i?a oJ T3 a fl as 5, > Bfl 55 a .-j j> s= . S * " i> siigl .s -s s c 4rf CD 33 I t-2 CO QQ ^_> >*/ C rC S^ ^ O OB'g S ft , bDTS ^3 2 3 ^ G ^ g 5 <1 s w c C B'5 Sb*" a o GA S g'i rH ^5 og -a ^> jg g 73 S No. 41.] 11 o o o oo xo oo OJ O Tt* OS t* Ci 00 O 00 rH i i ii CO rH CO O 05 CO O 10 (*rH CO t- O TH rH C-l O 00 CO ^5 00 00 10 GO i>^ 00 O CO CO O 10 o co o .i-j PL, S o O> f- 3 l ""~! 11 pq 'ctl cd ^ oTo Srd <-l O2 & ' O c S S w s -Il.fg aa^ on and O r=5 O -M I-H TJ W *2 S TO ^ rH O^ CO O fl 03 "g 5.-S iSllsSl S 3o:^ P K S&^'s O l^^^o ^|^' S S o IS s^wS : i - o o & -g >> 2 I ^ f O> *H ^- cS O 12 [SENATE O W & g H fc O O o o c t> O C* O 00 Oi O o o o o o o o o o 10 o >^ O 00 i> 03 O r- CO O O Ci 00 O i-i O ^Ji M< rH 1O O vO l> t 'cC tD 4) Brought forward,. Repurchase West Co ^ O Jackson sections, . &.< - ^ 42 s *gg ; S3 ?.. -8. * 1) ?? 9 a - I#fl 1^ i! . CO - 13 :s :* : ^ . o3 bfi bo^ ' n g " < cd tf-S.v- * o s g 5 .S . o g a .2 CW /-*\ *^ *Cj -? '"^ "*^ p a If i ^ 3 ,-r 03 j^ ^ -r-, ^2*8)c3 O I g cd J2 P .S ^ ^ a o A o 3 ^ I * ^ *a _^^ o ^^ jj s-d +3 L * <*^ t^tr War- -T 1 Q_) rH ^3 c rt ^ rs S O . O -^ng ^ S H ^ "! c O O -3 c3 ^ H? WPnfe o -H 00 rr< O CO CS CO 1> O lO Oi O Oi O lO lO O O lO i> .lO 00 t* 00 CO C CO Tl - p V.'J \^/ **- ^*^ CO C^r-^i-^CO^ c^c^^^ef r-^C^ cT o 10 CO -H O CO ^ :^r fl " =! O R >^ g "o o o o o o ^^^^-d^ >e a *- 3 JH ^^^ M ^-d-^ 3 a s sp^-S iss WT3 T3 N M 08 * HH fl 3 1 S OOO M O o ^ & 5 ": - s & s ,,( P_J.^ A ^ CO "^ ^ *IB*Ml ^J W H-S O P-( PH II ?. bJD No. 41.] 13 mcoo-ri0>iOOOOOOOOOOO CO iCOCOxOOOOOOOOO ^- CO o CO o o o o o o o o o co o o o o o o O 00 o o o o oxo o o o o CO CO r-4 * o ' * *jtf fl Q 3 Q : . . . - . ex >> : : :8 f-( ^ S ^ ? fl *-s PH en p-H ^ PI Cv . ^ i a CM e3 S, ^ a 03 asurer, treasurer, . . . , usurer, Water Works p ) a o o -x > - ;.gs ^r :^^ ^^& i_J O * w < fc tH ^ KJ ^ ^^g fl^(W oP= HH 3 W) 1 i - Ravenwood & ^ a PH 9 2 HcS ^g ^ I! eS -*J GC is'l sc O Locomotive ! v r o> o o u ^ bD C 11 Duanesburgh Road Comp g*t? ^a c >> t* rt Yates, Jr., tr< Schenectady Sacendaga T ATohawk Bar Hudson Ban Franklin B Farmers Ban Commercial Manhattan C $f',hfvnp,r,taflv Rensselaer a Company Hallet Cove, j; f.s * & s Schenectady - v* ^ ^ J &*4^ 5 ; < a o CO t OS Oi C-< O rH iO CO O CO O O CO C9 10 Oi -H CO OJ Ok ^ff TJ< O I> l> W O "E 14 [SENATE 1 o O^ O^ t- CO O 05 10 00 os o o * rH CO CO CO o o i> rH CO CO i > c*. os "f CO O O C* O it"* <-~< C3 C* CO C* t- iO rH CO CO OS Tt< o os os 1 c^r ^^ ^| fWf GO OS CO CO CO C^ CO " CN CO rH V ( TJ Rj g . -M I ,M 44 ' fl ^ : ^ a *r o fl i) &? bC fl N GO -* ' r ^ ; i .44 ; 5W ^2 * 03 IM ^4 : * ll ^ o3 co kfirh ^'Sb" ^ 0) v, i> ' % o fl ^ p '> M ! NTINUED. Brought forward, . . * Stock, Schenectady & Saratoga Pla Company, . Loan to Schenectady Carpet Steam rmfA flrxifi^ Advanced to redeem Schenectad Steam Mills, sold under execut vor of Schenectady Bank, .... Premium paid E. Nott, on Moha Stock " on $10-,910 Farmer's Bai " on $6,100 Commercial B " on $850 Manhattan Co., " on $500 Schenectady Ba] New- York Historical Society, thei Lottei College physicians and surgeons, Asbury African church in N. Y. Hamilton College, " for their share in fund the supervision and meut of Lottery by ins SfoyVhon XT Ti^Vflrrl. Charity Fund for relief of indigent g 1 ! O 1 O CO CO o o ci 1 CO CO QQ i* II HH No. 41.] 15 O O GO T ( O O O O 00 O ift CiOi O O w i-< O O OOOC5OO O O O i i O O OOiOxOOO t> O >?0 i i O O CO i-li-* O O O O O O O O O O 'S g .O 16 [SENATE o o o o o OOOO^fOOOOOOSOOO ^^> ^^ ^^ >O ^D C^ ^^ ^^ ^^ ^O ^^ ^^ ^^ o o o o O O !> O C-l O Oi O O O O CO O O CO O CO CO CO r-4 SO r-i rH - 1 CO i" O FH O rH O <0 1> O O^ i> o & co r-1 XTi 00 I Brought Ande mortgag illiam W W mortgage, John J., Jaco Moses Beal 135 S^l fl <*5a r-. 3 *H 03 III! O O a S-.E-3 S 3 ^ ^w-^S sS ^i a-s a -g a.s.2S-| o o o 000 bo I g" CO or a -t "is H*4* l t il S Pa Wi Ed Ed Thom Lewis Luke B bo No. 41.] 17 O O O " i i O O O i I O 00 i I O iO [Senate, No. 41.] 18 [SENATE o o ^* O Ctt 00 i-< O i> oo c* Oi CO 00 CO OS O O C^OOOO*O"* O O OOOOOiOr-l o t> co o o o o t> i> O -H (M lO O ** O OS O GO CO CO ^ *O ?O O rH TJ< i-H 70 T O>J ^ tf-sTS St: an Ya res ho f c* I : S L^^ ^ ^^ O l^-|-i L-s ^ ^^ ^1 (D^ O tg^^ fsfl k 5 c 0<<*^, ^5 - ^ ce - M 5 ^^-^^ -* > Brough phalet No o Bro alet do do Hol w Yo ol n W Sj S o o ^-a^^ pG :w a ll|l wi^w s^ 53 w O ^ p +-> 0) fl 8 5 -M 03 2 o ^ S fl o> der s 2 PQ No. 41.] 19 oooooooooooooo oooooooooooooo oooooooooo oooooooooo 00*n*OOOOOOxOOOOOOOOOOOOOOOOO bO * i ; a : nd : s* II .5g c e o> - ** c 8P p i. TJT3 s TJ a " M>3 H r 03 o> :^ 5 OOOOQOO_O^>QPQOOQ ^3 *T3 ^^ ^c^ p S T o - fe* S^f^ o o o o o o 5 O o 03 3 3 E? & s - P jd iJ2 "- ( T> d w 'Q 33- oSoSSS -,3 ^*5*al5|l d *C -r 1 *n d *^J "ri r!* 1 ^ ri o 20 [SENAT OOOOOiftOOOOOOOO So o o xi O *O o o o o o o 00 I? o o o ooooooooooooooooooo 73737373737373737373737373 ? -ng + < g ^ IB^T or 8- 3 s ^3 -5 +ro S -2 ^ O rrt ^ ** . 0> O ^|3 |WW ^5^S ^g ' S -fl ^11 *! om fl '^ o s ^a ~ is T^ H 5O r^ vj ^- ._< _. 9 PH J2 ^ ^kr^ T . .S^DS.-^t^^? Ww -S^3*S^ 00 f&llllP|g ^JJJIIIl-f^l g^^fSfl^^H^ No. 41.] 21 00 CO oooooooooo 22 [SENATE S 00 r-t <0 CO (M I-H O 05 O O CO *0 O l> CN ^f O O O* kC5 O O iO 3 00 t> o t xd O x CO * OJ rH CO O O5 CO CO 00 Tj< rjT 00 I-H r-i 00 L^ O * O> xo 3 O ? fa w~ S J H? o . c^ aj c! CH rj Si C rj t-l ^a^aln S n3 sgg ll m sl 1 >?6 fc o HH CO to r-lCi 00 05 O5 S 05 s" CO QQ M S I w CO P 55 RECE & TJ O 0) ** 05 * fl^ -w O U *-> to Ci O5 1> O5 O 00 TT 1 5,1 K^ erf O r w cZ * g 'S "3 PlHW 23 oo~ 1 8 &.* x K: o ft fl .5 ;! XT; Cl r-i 10 xS O O O O i> O O O O C-J *S O CO ri< OS 00 O OJ CO i-H 00 rH O* 0^ 24 00 oc 3, Cl 01 o 00 CO rH O CS O Tt* O O -! O "^ ~* O T-H O CO CS Tfi OS xCS XO (^ i i XQ I CO [SENATE o 'S 9, 7 50 00 1,442 75 lary do h iU -Sg ^ b o3 ej^j ^^ 03 ^ Pr do -8 ri O) n -N i^ fl S3 GJ pp S O 00 O CO xn oc r cs co n< co^co'" ',0 fl -M co O PQ CO J> 00 C5 00 00 MP b rH rr CS CO tn CN 9 a> I o *o o o c CM i> 00 CO t> i ( lO H 0 CO O< i> CO TH >^> o o o ^ 4 ro ^ : ^"C O .J^ ^ e .J CO q co o oo "o * c* ^ Cl *> ^* son lands at Principal,. Rent, Intere acts, ga S No. 41.] 25 XO 3> CM O Ctt O rf O XO CM of o vO r CO W xO t- O* o o o o O O VO O 1T5 iO !> co o 00 C^ TJ xO O O O O O O CO O O O O O O CO O O O XO C3 O 00 O O O 1> xO O CO t- 1-1 i- CO ^* OO "^f CO CO i> O id OJ O xO ^ xb t- I- CO o ^^ a fcb 73 o rg l-s CO CO 1-1 CO t- CO CO s CO C* CO CO t> Ci i> O CO O 03 be H Eaton, Goodric ^ft-H O) ^ *> art, Ches Aver il en te T. tt t . J. W S. T D. L Albe Ches ster do *f O CO O CO O CO rH J>^co^ CO r-T *3 I 26 [SENATE OOOO o o o o CO O O 00 O* . I" 8 I John Foster, James Nichols,. . . . J. Louis Tellkampf Robert M. Brown, . William Kelly, Henry Pomeroy,. . , Clarkson N. Potter Howard Potter, . . . Hiram H. Perry.. , Walter M. Gillespi Thomas Warner, . . Laurens P. Hickok ^ ^3 W ""* ^ bcpq -H P CO CO o *> CO CO ^5* o -f 80 4) .r o *H I g"'" -.30 13 to O o3 WD ^ S O < I ^ S s.s S & o> S *r ^ f-j ,X tf QJ n oT S C/3 ill**** ^ '42 rr S ' l-i CO .0 G * Cj C3 3 a 2 W) g *. C..S 5 1 .^^ O -aC oo \2 3 *J g *"^ ^ rt .^ rH tt> rH CO t>-> W ' J i_J ^ MH Up, *-< M ^ S) 33 <= .s a ^ B .2 .2 - r-> k. rH *- r^t QJ .J2 "T* *T rH rH s > c ' 4; C 58 No 41.] 27 50 ' C* 10 o o o O O 10 10 i> (M CO CO^CO Tj^ XfT r-T o o o o CO O GO O coco o ~< O i> CO CO o o 10 10 C* (M CO O CO CO CO CO o o 2 O -d" rf I! ; ,-3 AH PH 3 i H ^j hj M cd &*s^ ll if I 8 3 bD r-l B H 8M j. * ** &&& ' & P?; & co i WE |S w - il I 1 5 1 oj ^5 q 0)'c8'e8 bD^; ^a S o && 4) r-l r^5 OWW 00 S *j O si 00 c oo 3 I o o 53 28 [S ENATE O i 95 . g 2 d 3 o g ^j f>> r^ 03 g} PH | pv 'i -*^ ^ 'S ~a ^ P *H t-l c3 .O **U 73 J 3 s^ aSf sffi 1 ^ p P S 1 *! SJ ' r i d C3 ;ONTIN ^jh s 4 X >^ <1 1 CO & Or-HOOOOOl>OO iftOO^OOOOOOOift CO o o o o o o o o o o O O O O' O O CMi-HOOOOCiCOOcO -H OO OOOOOO -OOOOOOCNO"* CM 00 OOOOOO C^ift^oO^O^^t^O^OO^ vft^ ^"^ < ^ C ^P^ C is C ^ O rx *I-H CMCiCOr-i -H i i 00 I-H i i < CM ; i o V ' ' ift 4 t o3 ill s _o : o G 9 ^ . ^ O 'S - d ^^ s^3 3 ^!- O hfe< 11 s er, for ank , B pecia nk, nectad and ew- s em N ||S > ^-^S"5'S ;9s* *d 05 r r :,* :tH,* go lfe ^Sj O W r^4 0} "*" ~bH ^ S J SgiS s!;3?S 15 o ^ *> *4 S5 .3 l f .s f"H n Farmers' n Commer- Manhattan Schenecta- Rensselaer William James, , John Watts.. Commissioners I fund.. taiiii! 11 f Gl/2 . * C3 1 fl to S ^ ce > c3 ^ ^ p "^ N Jrt*^ "* w ^ capital stock in d -^ Jsj to "rt 4-a I-H P< -S capital stock in ga Insurance Co, yard, . . | - O O O O c> 2^3-0 -o-o -0=2 3^ <2^ c g tn ^ c2 c 3 C =S 03 .0 g o 5 -u ,^ """* ^ S --S K{ N ^ pc +a ^ ** 3 c " 4 OP, -a S 52;^ PI . H 6 *P ^ ^ ^H r != -s s ** P2 ^^ 3^ s '* -2 ^ c o ^00000 W s w W H w w a cc PH 3 o PH o o o o o o o o o o o c? O O5 iO irT cT cT C^ 00 Ctt o o o o & o o o o o o o o o O 10 O Tf< CO o o o o (N O O Ci ! l> O ft ^ Jx ^ ^^ O -^ i I r-i o o 5 30 [SENAT] CO o o o o o o o o o o o o o o o o o o CO o o o o OS CO o UTi i> r- < CO Oi (^ O CO i-< io ? ( I ( I-* S o a :g ^3 3 "3 r^i .2 ' ...... .. New-Yo: n Schen< II T?& ~ *- *3 0,-d gS8 r a - -.sl2^ -S ts S o 3 -ll^- lig N 2 r r . i I l O> bC <^ r^ R r^ -N o .a w CQ J3 O5 ia^s - S >FH ,03 IFH *a -^ -3^-^^ ^^^^ "t-^t.^tH^t. ^^i"Si|i^ a^ls^tS*^ o o O rH O O) Oi O T I CN II CO o o c^> 00 CD CO -H o o !- CO CO 05 CO CO CO No. 41.] 31 o o CM CM O CO O CO O O CO O i i T-" ; w T* O -H Oi 00 CM O O t- CM -H O ^"-l 06" CO Tj^ t t> Sll rs g co . .=5 S o^ S3 o : o~; - 3 : CD 7"^ be -2 CD W ^a 2 x, s s- *t CD t- ^ |S o -M ce T3 la ^ ft - & s 's 2 ^S S^a li Or ^ 03 t/5 rj Cj s'SJ'J P ^^ I ; s^r Ur a - CO 1S'| 0P n t> S o ^ a a a o o o tc;^c:cs ^ Ti T3 ^ nd TJ TJ xCDCDCDCDCDCDCD w> t> t> t> t> w a 8*6 jl CO s-B f f.815 ra ^ oo^g fl ^ O ^ o ^ " xn i i i 'CO *H <7t GO rwar, purcha I! o J? 8 rchased for f-t ^ 14 CJD Sfj fil ^ g 13 3 & +T ll - Jp4'S J bT ~ s i = :B II ^Oi^HSOOCOt>OOt* O CiOt^COOCOOOOkO O OOC^OOOOCOI>'rtivO(J^ O COOOCOCS^OC^iOC^r- ICO O O O C- O O O O o. o o o o o O O O O O O 000000 u .> *.[> tf - o o o o o No. 41.] 33 CO O O Tfl O O TJI CO 00 CO 00 00 GO CM GO i> H - il &r. 1 ^ 1 1 o Or | o^ ^ i c^ . o w ^ o l '* 0) : a : ~ ^|> d -22 ^ o S fa > ;g- 03 o3 ^ 3J S ^ S "^ 5 ,->p a a C3 t^ - 6 s o -^ a O OOCO OCOCMCOOCOO OOO Or^r-tCOOCOO OO 1 ^ O O T}< O5 O CM O O O i OCOCMt^TMCOO O O TJ^ O O CO ^ O O * ^ ^ O )O 00 00 O CM GO CM O o o o o co GO CM <*t( xO JO Ci 1-H TP CO rJQ O - b ^ ^ c3 g S2 03 CO ^ a 2 ^ b/O H co O a 2 *i terature lottery, from New-York ry oci rat g *t* 821 >* ^ ^ - ?3 2js 111 J s 1 1 "5 sbRw ^J fl S3 o o rs: H 03 <5 3 O ^ II ^-2 ^3. 2 8 < g o ^> g -a >> o u ge |M PQ* sa.'s i ( O C3 afl J2 . Ctf I ."3 co i'S H 5J _ fcfl O co $ S3 H I CO & .^^3 o q P^-I-I V ^ -i-c j .H ii .^ PH P-i PH o o Ci > xn 00 ' 00 o -* Ci i-4 cs t CO XO (M O r-i r-4 xO O I-H 00 i> *^ " ' rH C 00 !3 E a 1~ r>: CO M oT"S .< 5 ) _, bC^ 1 be & flf C3 Q C Q | a s mill H0 a B. St I 1 ^ CO ^^ l&Ifea 03 cc 5 ec ^S3 ^ ^X *P rt "gl| 5-g^ W d ^PS tji * No. 41.] 35 00 00 00 tr^* CO l-H .-T.-TcO r-T i i O O OO ooo r-O 1-1 O ^ S nd *3 bO r| g 2 "< I ! - Cu CD III ! a p ' *> T II o> & ^ a O oj 3 S CO ai * -1 * .'d :l :? S '& ^ * g _ .^ (T) *-> Stflfi i^tlo o> E .2 oo S S ^ i|;gisj& e ^ . CO |Z3 3 .SO H-S ^3 . ffi S Vl CO t/1 p O, H 4< CO CD ^ L| P o O P *r, r*.... H g : .-^ : Q !=P^ fcn SB ,5 ^3 n -e K 9 2 M & Brought forward, Paid expenses colle received fro exnses coect S. Balliet, incidental expe CN ^ m le pe s^ -2J Paid Paid 3 -s CC W PJ o o co O O GO ^H O T*l 3 i-HOl>OOOOO <0 DOCS1>00 OO" lOOOxOOCOO OOOOOOO ) OOt*Tfc^O^O 'rHOOSTfOO 5 rHOCOGOC^COOOO ' xOOOO^OXOo 4 CO"t>(Nr-l lOC^* TJIiOr-li-H > > -% No. 41. 37 o o o oo so D <=> 00 CO o 00 CO O CO . 0} ,g S ^ eg g J2U.S I ' o 00 ' O -f O 0) fl a B cd 2 * Tg * ^ 'S ^ rO. *" < -- 2-5 I a ""! & ^H * OJ CO S g i 3 a k H vrT S 5 Q *J & ' 5 W c?. PL, O C .H Q 1 rH CD CO in l> (^ O O r oT 3 3 : 1| a ^ -^ O) ^ ee *3 & & ^ c 3 ?-?*ll "S S ' 73 P5 ^ ^C 3 O O r^ro O O O O O I 8 - -^ o M O I & tf o o O rH O ^J O iO O CO CO CO "^ CO CO^ 06" i-T o . .2 * :.a c2 :^ .8 S : i) bO ^ :S i'S * .^ .p : * * ii ; i ' IJK:-! ^w^cj.-o forf S a SP a I W -^ OJ ^ i S pq * -r s , ^llflllll ^H^pX^ O *J S i! bO 03 bo CO AH *- O <0 O as,a 'PI 03 O 03 7^ ^^ S?- 5 ^^cb^ 3 ??? PH PH PH CO rf* CO COOO-HOO O ( CO O l> C5 CO O C0 No. 41.] 39 CO CO CO O CO O O O o O O O O O O O o O O O o O O O O OD rf O O CO PM D O> 4-? fee a l i$P2-'H*3 II bO =3 bu a Bl3 ^g 2 S S>S ,3 a** fr-*4 * * * 0:g 2 o * 5 *< H3 o ff ,-fc y 02 ft. 06 w .22 4Tfi S S?>H ^ j^ ^3 xv - OS f *^ 13 I "8 -i 4 O O O O O O nft C^ O O lO c^ co o o i> vO CO O O O CO 10 C* S co O' o o ^ O 1-1 05 Tj* O O wJ o o c* c< co 00 0*- g o o o l-H CO 1> 00 ^tT 5 rt ! -^ o o o oo O) g is.; f :||S WS f 3 n o ^11 ^-i _- & O *T g .2 CO 1 n > ^j O 3 ^1 ^ o a B^g t> ^ O VH ?-i -J i I ^ CO d fe s^l 5.S&. _t^> *^ ,ir s '^=StS TrG 0) _M p . co r T2 .ZT 1 CO C3 GOO o o 40 [SENATE CO CO O 50 rued If* o t orr-ffji-B xw S_t5 *3 s <*i ^ O rj-< , t* Q} ?H O ^ .0 fci O H ^3 V-i 03 -C: Pi C i^JcSMII > <-\ W^^r^^^ n 5 ^ cT l -0 1=1 o - _*H -Q sj e as C -3 C "O C ~ CO No. 41.] o o o t> s 00 41 as CO - O S l (of bond Itri l^s 02 O * 5 bO - 52 THH * ? .2 C 3 -c5 r^ b_H .*jrr-j S S fl ^"^i ^ q O 0^13 O S 5 Sr^^ O^d P^ ^ ^ H fl -^ ^ ^ ^ irf|J|83| OS rH co *i iO O CS co o o o GO r i X -' GO O Ci CO ^50 fl OJ G O oT 1 ^ % W> fl 2 ^H r^., & 3 2 S, > Q ys -S ft . w 5r- S 23 5P g **. pS Li<.,g.'^q h* ^? MT ^? *<\ T* rH r^ r< ^ 2-tfl^.rf 5'ljljl < &^ G^*X^^ =3^ cr7^ ll - *^ a N ctj ^^ PH o T3 8 . Q o 2 W o o o T3 c -d ! <3 "2 J^s bO r^P< OS CO t* o 00 CO CO O EH O CO r-t CS* 10 C^ Oi ct- T}< CO l .1'J- a cu.t5 " ' P S I O .S "d r-i CO O C3 O OS O o o CO O OS CO O i OS oo >rs t> os t<- O CO CO ?O O r- ' OS t* OS OS O QOO^x-t-* '*'. ^o'd^IsS^ 5 s^ - Trv -S ,-r- * . FH C o o o o o 'O T3 >j ?^ CO J3 '30 i-H O rH ^d^Hi-HCOco^ S^ ^ .3 'o o o' oocooooo P r r r r- >, CO q^ C3 GO o o o 5 nfl ^j W oT ll"'l ooocooooo oo ooo 3 r ^2 *^3 ^O r O r O r w ^O r w =2 s 42 [SENATE CO 00 CO 00 c> CO o o o OD CN O ft CO CO o o 2' 00 CO O 05 1> CO S 00 x CO o o *3 * :S "T3 ^^5 C w S ^ o 8 < : g I ^ ^f^s 03 03 O -a g g 3 a^ ci o C TJ o 2^, c^ S^S-ggS I^PJ^^II^I :*r> t- ^^^s^o^co^p^ rd I o bD CO fcp bo a B W i^II5J|^ eS'tT 2 I o ID O "iO QJ "TJJ W3 jrt ll S 00 No. 41.] 43 o o o o o CO CM GO o o o o o j> o o O CO J> O O i~ O O Tf< O CO 00 O o CO O I-H O O O CO O O O M* O O 00 1-1 O iO o o o o CQ "E ^r O CO o c^ o o O O O O O CD O O O O O OS O O O O O C4 O O O O O O *> *} O O O I-H O CO * a 3,g- O 4> Jas 1 I <. lr s - 3 *'3 & :w o bC M O> Tr& H 3 O i> si Ul$ ^ r? cd ^ *- 5S^ 2^2 G a ^^ a o o l-aj CJ fi ag -' - o o o o 000000 CO d b No. 41.] 45 o o o o o o 1ft C} 1ft -i CO C* C3 CO rH r-i CO GO OO O O i i CO CO (N OO O xft 00 Tf ift Tt< i I rt CO O Tjt 1ft CO CO O O T* O i> CO m G* t* CO CO 00 1-1 CO i fs |a & o3 ~* 4 o G ^ 5fi fl rS B r-c * 9 ^ .- ' g o _o _o _o _q ^|5^ g 8 S=S 1 ^ -a : 3 J * 3} ' ^ n p" ) . ^ o l-i PS# o ^ o3 tf OD o o 00 o ooo o o o o o o o 1 -2 i 8 1 46 [SENAI o o o o CM O CM l> T* CO xO GO C* rh o r ~ l ~ <& ^ GO d rrt O 8g-S S ija * O o 8, a 2 ^^ sra S a F n o> bD S> ^||f^|. S HfEM,!!' 8 bfiS ?H tlrr^^O S ..'T3 PI P5 1^ Mac cPg s.-ta'-ffa ^s^gga-g^^^ss !1^^1llt ^ a i^gg-cJ^WS o fo nd Mc o for college r bon nd r coact a S 1 P-i *iJ>j'i5g B JSl3#e> ts ao-s g-s ^^ 00 O . *H l> O -i CO o o o o O O xO O O iO O r-. ~i t- CO o o o O o o o o c i- o I CO 6 1 I .8 f No. 41,] 49 o o o o CO *O O Tp i ( '"r-llOOir-l r-i ^ O O . O O O Oi * C^ 00 00 rH ^ CO 1 l O O o c < gl ^: *> ^a CO ^vn 2 s s c! s .0.0.0.0.0^,0,0^0 "d *f ^ S ' ** w 1 ':%* g- : 8 ^OOOOOOOOO^'Q ^ ^ ^ ^ OB 00 fe- d %2 d^^ Pn ^H' P 55 O *H MS ii d o "i wi 25 0> 'S J/) gfi So a 73 d is lldf -M - b o o o ' o o o o ^ ' o {25 "^ * ce Q d "S I t^l <1>OOOOOOOOO <> fli bD hn S3 s &s ^q 03 H 5 r=H 03 3 o -S I [Senate, No. 41.] 50 [SENAT T CO 1 o i O rH O O o I 00 Oi CO 01 00 o ^ O rH O O 00 Oi CO CO CO os j t t- ^d W O ^> -^ 5-4 rH "tT^S o'^s -!S^ &% &1 5 gs ^ 4) "* &, *i +j > i^ % w CD . S 5 ^ w w w o w 1 I I 8 PQ No. 41.] 51 * 00 00 i i I> rH O CO >> O O O 00 fi^aj aju S3 n-a i g"b M o ~* S a i,i-S * 8 | ^A- >*, * OQ *3 ^5^ ra 9 .o co ri -+J j_i ^"? PH ce J-i 0} toD fl >> S5 ^^ -d S 2 i U | J3 03 | g.S S ^ -d .s^gl c "d a M *^ a_i PH o " j "- *^ ^ w ^ ^ .s ^ O4T3 TL72 ? Jn -*-s a bjD C> OS S^^=! O QAJ .^ := 13 ^ M *3 i i J> i < Oi O O o m oo rH o o i i i i C* O iO O CO o t- uO O CO ^s s :*i ^11 a ^ 3.2 ;^g-< -- ^ &,, lf SijBfS l-H S - C5 M - s 2 a O fl fl -M^ 3 O O O w > ' r 'S l^ig'&lsa^ H '^'5 33 Si CD co _. x W S Tl _Sn I ^3 a ^ ^ rt ^S ^ SPbc-r^^ fl ^.S a fejiS a its Hi! Hill X 1 No. 41.] 53 OOOOiT5Tt vo C5 CO CO c 00 1 -8 54 [SENAI OOOOOOOOOOOOOOOOOOOVT5OOOO 9 bo T3 a -^9* - s s 2 ; :-s s* : a o - o3 S ^ : : -git: - - s^^^ g - - S>> s H Q cc pC !&?"SfcS f 3 u 'T 1 ^ Jlltf! 1^ : -"s I >* ' ,1 I I No. 41.] 55 o o i ii-HiOi iCi *,,= K*5S 1^ JPlilJ .2 t ^ ^ ' -s s w &^ ^^CJ'rJ.r-JS^rt- Jetf tf fl ^rTl B s g a 5 g 2 _J W rH O ^ -^> ^ -* rH ^H ^^ ^ flj ^H p^ rt 5 s So^^^^o^-^-^^ * -^ o SQ^^HPH(^^^PQPH^ ^ i fl ^3 | 2w =Sb ta 9 SK a 56 [SENATJJ 58 [SEN AT i CO CO OS 1 O i I O D O w Put w Q J^ <1 w REVE I O OS CO t> CO Ctt O CO C^ CO c* ** c* so *> > OS CO i i -i o ~ > ~ 00 1 - .o K~J OS +j |>^ "-H p CO OS 10 ^ 2, .,s CO r-J ^ I 02 G O i i-'s 5 S .2 rt sT T3 co *-> P^ ** co o> o3 .3 fc-ss.sl^ s|g<|sq 3?" a CO GO ^ 1> 00 00 00 CO t> CM O O co g CO 05 OS OS Is fl I OQ ^ >H i V & ^d '3 A ! 4) I 2 O O xO O F-I O * O o ^ xrT co- co co 00 00 CO 00 00 OS C* CO 00 !> OS xO XCS CO CO GO CO CO o CO -< fO O n-( ^^ GO co ^-i o CO CO ao b pq 1 - a 43 3 5 S3 1 ^ J "S "a ^ ,^+J *J g .11-8 jk (^ CQ QO oj H3 pq No. 41.] 59 00 < SO O 00 00 co oa o o "tf o O C'l t** *5 to O^ f^ CO CO r^ O^ CO CO CO GO o , ? 1 A CO S= fl o I 1 gS- 2 ^ 'S : ^ : 'o3 ,, III s s i-:s , nd ce ting es and c ^_I 11 .g! Is. 44 0^ O "TD " t-3 an mons es, fesr otaica x m m 2 .2 8* g I ^ nd o> 'g 5 CO 05 of a o o O <-< O O Oi O CO GO O O GO o G^ 00 05 eo Oi i CO O O) OS 8 :.2 is C3 ^> CO fl ga 0) 8 s 'a 1 'a I J> B W 60 [SENAT xo o co XO O i> S9 CO t* CO CO o O 1> CO 00 CO CO CO o c* o o O 00 o O CO 00 O O 00 C- O O O l> O XO Oi CO O o 00

-*> . 03 .$ :<& 2 ' 8 cT D .br IS ^5 bpsSj-g 03 a "3 X CO CO 11 GO tT^w w w w CO H 3 00 o o^ oT O o o CO cc XO CO *& o XO o xO 1 X ^> o v * ^ "a * 1 'S s 1 1 ^*-l o tg 44 a M M O * >5 41 "bC | 5 pq a o S & 'a g rii 1 if c - fl 1 1 i a. vi li a 53 pq remium on Ba nv. . rx r PH PM ^ C5 CO 00 "d ^ 3* bD TT ^g ^ pfi ~0> > ?-i 'en ? H a D & w a ^^ g o ^2Bcft3r-iw^ ^eS fl T ^ ;.. HH M HH -UiL! No. 41.] 61 o o Ci -H 00 CO C3 TH 00 <* t- l> ,-H rH CO O 00 10 i J> CO 00 CO in rH Oi 10 rj< o ri< O r-> CO CO O Ci C* CO If! -Qi2 & 3s g a a . T O 3 2^* li c m nl "-J 3 i.15 S s - ^ ( OJJ ^ ^3 II 3 " I ?H hcT2 co o p o j CJ "^ CJ S 'S M Pll W PH -- : ?? '3 S 1 sra 5 S.8 p^^ S S5 tc o g T3 W s o s, co cC O .ss=al| lls^ ^ t^ p t^ i2 *H OJ O p^ JIIS1 8 aS> 03 III g,j > 13 8 ^3 P A 03 5 w C5 CO SCHEDULE No. 5. Balances due to Union on bonds and mortgages^ January 1st, 1853 For principal. 18.11, Feb. 1. Owen Cotton, $171 72 7. William Douglass, 23 27 1812, Dec. 22. Danl. Van Antwerp, 2d 1309 22. John Vedder, 8 78 1813, Jan. 19. Van Epps & Nesbith, . . 260 00 May 22. Harmanus Minklear, . . 300 00 Oct. 11. Henry Edwards, 825 00 1814, Jan. 10. John T. Vischer, 93 75 1825, Nov. 1. JabezD. Hammond,.. 2,516 23 1826, May 9. Alexander Proudfit, .. 226 52 June 6. Philip R. Toll, 109 75 1827, April 1. James Averill, 119 71 20. John J. Van Schaick. .. 1,049 50 1813, June 4. Eleazer Dows, 245 45 1824, Oct. 2. Abraham Marselis, ... 264 41 1828, May 1. Jonathan Hagadorn,. .. 150 00 1829, Nov. 8. Samuel & Mary Smith, 1,000 00 1830, May 31. Charles Barington, 23 74 1831, Mar. 23. Chatfield Fenn, 500 00 1834, Jan. 13. Thomas Armstrong, ... 120 00 1841, Feb. 24. do (2d mortgage,) 626 71 1834, May 1. Adam Tinklepaugh,. . 400 00 f July 18. Philo Stevens, 2,790 87 Nov. 1 . David Pruim, 424 27 8. Daniel Joslin, 1 ,000 00 1835, Feb. 1. Billings & Van Voast,. 3,000 00 , 12. Abijah Freeman, 350 00 May 12. John Robinson, 1 ,000 00 Carried forward, $ No. 41. j 63 For principal. For interest. Brought forward, ............... $ $ 1836, Dec. 31. Peter Banker, ; ....... 4,450 00 155 75 1837, Jan. 4. Margaret Cooper, ..... 3,500 00 242 32 April 1 . James Slater, ........ . 2 , 500 00 131 25 May 1 . Joseph Y. Peck, ...... 640 00 256 97 1840, July 22. Jonathan Pearson, ---- 1,000 00 100 90' 1846, Apr. 13. Euke Blair, .......... 873 70 43 78 1847, Oct. 1. Patrick Gallaher, ..... 150 00 13 03 1848, Aug. 1. Patrick McKinney, ... 265 00 7 73 1849, June 1. Patrick Keyes, ....... 600 00 24 50 21. do ....... 440 00 1848, Apr. 17. William Armstrong,. .. 1,400 00 69 09 1840, June 26. Moses Beal, .......... 1 ,725 48 80 52 1849, Feb. 16. Peter Alanson, ....... 339 29 66 49 1850, Jan. 1. William G. Fargo,.... 2,000 00 140 00 Feb. 13. Francis Myers, ....... 720 00 44 49 1852, Apr. 15. do ....... 80000 . 3978 1850, April 1. John N. Bigelow, ..... 900 00 47 25 1852, May 10. do ..... 31500 1383 1850, Apr/29. Edward Fuller, jr.... 268 40 12 61 29. Edward Fuller, 3d.... 52060 5765 / May 1. Mary Ann Myers, ..... 60000 2800 1835, Nov. 12. William D. Ross, ..... 5,000 00 204 17 1850, May 2. Ferdinand J. Myers,.. 270 00 12 50 1851, Apr. 16. do ... 270 00 13 38 1850, Apr. 18. Isaac R. Truax, ...... 270 00 13 27 5. JohnHarbison, ....... 1,000 00 49 74 May 22. Patrick Cleary, ...... 210 00 8 94 13. Daniel Ketchum, ..... 300 00 13 29 June 1. Richard Sturdy, ...... 300 00 12 25 4. do ...... 270 00 10 85 July 1 . Patrick Gun, ......... 270 00 9 45 1 . W. Ouderkirk, ....... 225 00 6 33 1851, April 2. William A. Nugent, .. 400 00 20 85 15. Francis Myers, ....... 270 00 13 38 17. David Tigh,. ... ..... 270 00 13 32 Carried forward, 64 For principal. Brought forward $ $ 1851, June 1. Peter J. Clute,.. 900 00 July 7. Cornelius B. Swart,... 30000 1852, July 10. do ... 450 00 1851, Aug. 14. Hugh Riddle, - 270 00 15. Abraham A. Wemple,. 900 00 18. Eve V. Clute, 399 00 18. Sarah Scott, 100 00 18. Joseph K. Crafts, 546 00 Sept. 15. Geo. Heneman, 257 50 June 27. Russell Rodgers, 756 49 1852, Feb. 2. George Hotchkiss, .... 258 75 14. Christina Campbell, ... 1 ,000 00 Jan. 29. Samuel J. Tilden, 12,000 00 Mar. 16. Julia Myers, 630 00 May 4. A.P.Tyler, 29250 4. William F. Parker,. . . 292 50 4. Peter Larkin, 292 50 4. John W. Patterson,. . . 292 50 7. Mary Larkin, 292 50 7. Patrick McDermottj... 292 50 10. George W. Patterson, . 292 50 10. Duncan Ross, 292 50 10. Phebe M. Wemple, ... 315 00 11. Teador Gowman, 292 50 12. Arnold Buchman, .... 585 00 12. James Keely, 300 00 10. George Leslie, 292 50 15. John I. Truax, 315 00 18. James W. Morrison, .. 31 00 July 16. George H. Campbell,.. 197 55 10. Mrs. Eliz. Campbell,. 407 14 1851, Feb. 27. B. J. Mynderse, 1,100 00 1852, Sept. 7. Thos. Kernan, 258 75 7. John and Ann Carr,. .. 250 00 1850, July 17. Lewis Goodman, 556 21 $77,237 63 No. 41.] 65 SCHEDULE No. 5. (CONTINUED.) Balances due to Union College 'on bonds, 1st January, 1853. For principal . For interest . 1837, April 1. John J.& Jacob & Alex. J. Van Eps, $970 00 $31 27 1842, June 21. Benjamin Nott (guar- anteed by E. Nott),. 3,40000 1,29886 1831, Apr. 29. Thomas B, Stillman,.. 195 94 172 58 1847, May 1. Francis Fisk, 100 00 2 33 1849, Jan. 5. Benjamin Nott, 1,500 00 418 73 $6,165 94 $1,923 77 Balances due to Union College on notes. 1825, Feb. 17. IsaacRiggs, .$800 00 $81 17 1847, Mar. 10. John T. Van Buren,.. . 100 00 40 64 1848, Mar. 1. D. D. Campbell & others, 500 00 262 95 May 16. Benjamin Nott, 164 69 53 30 1850, Dec. 13. do (protested accep- tance), 311 50 44 67 1851, Nov. 5. Howard Nott, 116 00 N 9 38 1852, Oct. 2. Thomas Wing, .. $4.31 Jonathan Pearson, .... 49 88 $2,042 26 $492 11 Balances due to Union College on contracts, 1836, Nov. 1. Wm. House, $1,161 00 ^1844, Apr. 22. Tunis Rulepaugh, '.... 243 20 *1848, Oct. 24. Patrick Costello, 215 00 1850, May 1 . James G. Foster, 400 00 $2,019 20 $47 23 West Troy durable leases (40 at $12.50 each, due Jan. 1853), $7,311 81 $50000 [Senate, No. 41.] 5 66 [SENATE SCHEDULE No. 5. (CONTINUED.) Balances due Union College in accounts, January 1, 1853. Principal. Stillman, Allen & Co., $15,643 46 Mrs. Margaret Holland, 37 03 D. Kildoyle, 15 00 Wm. F. Bolles, '. , 27 50 James Rodgers, 142 41 Thomas J. Marvin, 895 Eliplialet Nott, same salary paid twice, 1,200 .00 Alexander Holland, do do 62 50 Henry Yates, Jr., trees., 43 04 Stephen N. Bayard (see collaterals), 2,99fr 30 J Advanced to redeem Schenectady carpet steam mills, 527 29 Alonzo Potter, for subscription in New- York for library, 400 00 Jonas Holland, treasurer, dividend New- York State bank, 34 97 Jonas Holland, treasurer, dividend, Manhattan co., 8 50 Alexander Holland, treas., say in registers account, 800 00 do dividends Mohawk bank, 1,317 00 do pay's on Schoharie bonds, 1,91523 Alexander Holland, account, 232 26 $25,411 44 Add for interest on Stillman, Allen & Co., to Janu- ary 1,1853, $1,262 54 Stocks owned by Union College, January 1, 1853. Total. Capital stock in Mohawk b'k, $7,400 00 Add premium paid, 101 82 $7,501 82 Capital stock in Farmers' b'k, Troy, $5,910 00 Add premium paid, 3 ,273 00 9,183 00 Carried forward, No.'41.J 67 SCHEDULE No. 5. (CONTINUED.) TotaL Brought forward, $ It is proper to state that the college allow- ed E. Nott a premium in July 1834, of $3,273 on $10,910 stock, the $5,000 af- terwards sold E. Nott, being sold him at par. Capital stock in Schenectady bank, $500 00 Add premium paid, 77 08 577 08 Capital stock in Manhattan company, New- York, $850 00 Add premium paid,* 221 00 1,071 00 $18,332 90 Capital stock in Schenectady Locomotive company, $1 ,000 00 Capital stock in Marble Cement company, 500 00 $1,500 00 1,500 00 Capital stock in Schenectady and Saratoga plank road, $2,000 00 Capital stock in Schenectady and Duanesburgh pl'k road, 300 00 $2,300 00 2,300 00 $22,132 90 Jfc SCHEDULE No. 6. Losses incurred by -Union College from 1795 to January 1, 1853. Nancy McDougall, , $19 97 Conklin, 5117 Forbes, . . '. 24 32 J. Platt, 25 00 Carried forward, $ 68 [SENATE SCHEDULE No. 6. (CONTINUED.) Brought forward, $ Dirk Van Ingen, treasurer, 361 96 Stephen N. Bayard, treasurer, 46 56 John Glen, note, 73 75 Jacob DeForest & Son, note, 151 91 Christian H. Brooks, 100 00 *Stock in Hudson bank, bought of E. Nott 28th July, 1819, ..: 5,000 00 Stock in Franklin bank, 10,000 00 do Schenectady water works, 545 00 do Sacandaga Turnpike company, 200 00 do Schenectady carpet steam mills, . . . . 1,000 00 Loss on stock sold in Mohawk bank to W. B. Walton, 9,000 00 do do do W.Craig,.... 1,69750 do do do E.Nott, 12,500 00 do do do V. Freeman,.. 2,000 00 Loan on note to Schenectady carpet steam mills, .... 1,000 00 Loss on stock in Rensselaer Insurance company, .... 930 00 $44,727 14 Bank failed in June, 1819 SCHEDULE No. 7. Endowments from the State of New- York, the capital of which, by the several grants, are required to be kept permanently invested Fund for the support of the President and Professors of Union College, act 7th March, 1800, capital, $43,656 44 do 30th do 1805, do 35,000 00 $78,656 44 Fund for the relief of indigent students of Union College, act 30th Mar., 1805, capital, 5,000 00 do do 13th Apl., 1814, do 50,000 00 55,000 00 Fund^for the maintaining for ever of a classical li- braryynJCJnion^College, act 13th April, 1814,. . . 5,000 00 ' - - S?708 68 $57,906 51J Summary of the foregoing. Principal of the funds under the several grants required to be per- manent! 7 invested r revenue, ............... $138,656 44 Principal of the grant unexpended under the grant 13th April, 1814, for increasing the library and apparatus, ................................ 17,648 04 $156,304 48 Revenue of the permanent funds remaining unap- plied and unexpended, ........ . . $34,197 83 Income of the grant unexpended for increasing the library and appara- tus, , , ...... . ..... 23,70868 -- 57,906 51 1 $214,210 09J No. 41.1 71 00 ~|3333333 s-s 33333 00 COrHlO rH 1O ^ ,( rH >>J2 ^ ' ' W'W - 1 ^~* ~- ,j ^sbDOOOOOO^^ ^CO OOO4 rHCOCO'T o^oooooooooooooooooo oocooo oooooooooo ee^rHrHrHrHrHrHi-HrHrH ,-^rHr-H r - r - V H)p (rH s s I 8 72 [SENATE CO 10 co 00 o O CO o o 00 o o o <3> O O o o o 000 O O 00 00 GO CO O5 i-< O O S 2- "* ^ CO co^ CO Oi CO >-* O5 O CO O C* 00 C^ O5 a ' s U T3 c 3 02 c8 ^ -rH ^5 rH 00 O 10 ^ o - 05 O ^ CO ^5 rH XO CO CO O5 S-S'P ;g SSg 0) cd ^o ^ J^J ^"^ CO CO >. O Ti< CO CO O o c* Iff .beg I'd S5.2 O tn ^ o .3 s 2 S 3 ^'g G9 6fl 00 S3 s g 00 2 00 SCHEDULE tfo. 9. ^statement of the Chanty Fund for the relief of indigent students under the act of the Legislature of the State of New* York, of March 30^, 1805, and April 13^, 1814, to Union College show- ing ts capital^ revenue and disbursements. Capital of Fund for relief of indigent students. To amount under the act of 30th March, 1805, received by Union College, 1st February, 1814, $5,000 00 To amount under act of 13th April, 1814, received by Union College, as viz: 1825, April 13, $35,776 72 1826, April 13, 7,000 00 do May 8, 3,000 00 ; do Dec'r 7, 4,223 28 50,000 00 $55,000 00 Annual revenue at 7 per cent on $55,000, is, 3,85000 Revenue and disbursement of Charity Fund. 1814, Feb. 1. Interest on $5,000 from 1st February, 1814, to 1st January, 1853, at 7 per cent., $13,520 83 Interest on $35,776 72 from 13th April, 1825, to 1st January, 1853, at 7 per cent., $69,412 78 Interest on $7,000 from 13th April, 1826, to 1st January, 1853, at 7 per cent., 13,090 83 Carried forward, 74 [SENAT Brought forward, Interest on $3,000 from 8th May, 1826, to 1st January, 1853, at 7 percent, 5,595 73 Interest on $4,223 28 from 7th Dec., 1827, to 1st January, 1353, at 7 per cent., 7,705 80 Six years interest on amount of grant added by the act, and which was paid by the Comptroller and Yates & Mclntyre to College say 6 years interest on $50,000, 21 ,000 00 116,805 1 $130,325 I Total of amount charged by the books of Union College, from August 3rd, 1812, to January 1st, 1853, for aid to indigent students, rejecting one item supposed to be incorrect, of $8,576.32,.,. $106,940 i Leaving in the hands of the trustees an unexpend- ed balance arising out of the revenue, $23 ,385 ( Mem. If interest was cast upon this unexpended balance revenue from the time it accrued to 1st January, 1853, it wou' be about equal to 8 J per cent on the capital of the fund, inste* of the interest charged, viz : 7 per cent. No. 41.] 75 I 05 25 the interest and Expenditure for Computing in Less interest 76 2 CO O O 00 in 1> s CO "-H l> T-< Ci 8 CO T* 0) o lO GO GO GO T^ ^^) co i> g O Tj< BULE CO pj ^ rt .Ceo erest, 1825 "S ^ S 52^,2 o CO g.5 r^ PJ co~ rC3 pj M ^CO g^3 3ts OQ jQ i ( 25 S^S -S^ 5 r =22-1 co O^ co co esS GO tf o c8 -*- ?L ~ ^H S3 fl S Cb 03 .2 rn^ ^^i J^laf >-" O .s 1 r o ^ CO -< o CO &. : ; ! : ; ; : .- ; : ; ; 1 1 ) ). * ^J CO q^ fH S ^fe IP! O I 'l^| 2 pr^ g K^ Q -r*a ^ -2 fe -4-9 03 r; -u l ^ C^ <2 CO -il- ' S 3 bD 0) P* ? O 11 i-^O^ ' oooooo oo xr ^ oo oo o c^co oooo 78 [SEN ATI few 51 tt I I III II I till CO CO 00 00 CM co CO CO O r-i CO T* rH 00 00 00 CO O CM CO 00 00 SCHEDULE No. 12. Debts owing by Union College on the 1st January, 1853. Bond to Comptroller of the State of N.York, $13,036 16 Interest at 6 per cent to 1st January, 1853, 2,318 27 $15,354 43 Bond to Mrs. Ann Maria Vedder, 730 80 Bond to Peter Van Guysling, 730 80 Aaron G. Bradt, 5 59 C. Frederick, 18 00 Cromwell Antes, 19 63 Patrick McKinney, 2 77 C. Beagles, 263 61 Joel B. Nott, 5 69 G. J. Van Vranken, 31 25 Hamilton Harris, 47 50 Notes issued by treasurer, 4,050 00 $21,260 07 In addition to which, Union College . are required to account for the principal and interest of the following endowments, being grants from the State of New-York for permanent investments, the revenue of which is only applicable to the object of the grants. (See schedule No. 7.) Principal of fund for the support of the President and professors of Union College, act 7th March, 1800, $43,656 44 do 30th March, 1805, 35,000 00 $78,656 44 Principal of fund for the relief of indigent students of Union College, act 30th March, 1805,.... $5,000 00 do act 13th April, 1814, 50,00000 55,000 00 Carried forward, $ 80 [SENATE Brought forward, .................. , . . . $ Principal of fund for the maintaining forever of a classical library, act 13th April, 1814, ........ 5 ,000 00 $138,656 44 Add for grant for library and apparatus, act 13th April, 1814, unexpended, .................. 17,648 04 $156,304 48 And for unexpended revenue of above grants, see schedule No. 7, ........................... 57,906 51 $214,210 No. 41.] 81 g g Tt O O O rn moo CO o C3 CO t O 4^ ^^ a ^ 0) 0! ^f tn O > O ^ .H * S 00 O 00 pq pq fl Tj^ rQ CO p ^ ^S ai O ^S OT a r a =^ T 1 a =? OT P """ o "" | I 8 a 9 r-> T3 ^J -r ^> 00 IS GO i J> Tt o O S 1 Tt ^ 5 Tt Tt i. > CO i> ^ IP 1 rT > -f 10 o rjT 00 S^ aT o C3 Tt O t* 10 cs VH O r H a O T3 O 00 ^D Ci O rH o &* c^ o o PH co 2 2 o o 10 CO Oi ift O rH co 1 s C c o o O rH O i> O i> t** O rH CO -O "73 g "5 5 &H.2 a, o o rH X CO ^t <^co_ r-TcO* CO f| fl O S g ' s .s &.s CN or; rH lO &H CO *S 2 tl o o CO GO 11 US o o O( =2 8 O OO OO OO OO OO CO O tt X [Senate,- No. 41.] 82 [SENATE CO o 2- O 00 XO !, a a tj p o J2J ^aj S If +1 I 5 ^S 1 " Ej c ^i < !> > III 1 d8* ..^ -T a? ^ w "*"* > i bD o S ^ CO "= & P3 W o o W PQ 00 o O 00 CO cT c 00 o 00 CO CO 00 o o ; 22 notes cted by from Ya Mcln- the property or fund college. $71,691 20 k to date,' 103,856 08 co tes ^ ^ fl flTS-tS CCOO o o 6.5 o o 00 No. 41;] 83 o ^ ift o ** CO o CO o o *"* F-l "-{ 10 <^ .22 CM r* o> c* rt ^ S^o, ir cf) P< QJ 03 4^ a^r- .tf a xO O CO s CO *Q 00 ^s [SENATE 'K e* O CM CO , CO Oi ^ 00 cs ' ^*-\ c^.^ xo Oi xO ID CO 00 CO 22. ^3H ^ if. ^ Sr^ oj S o n * 3 a"" O5 O 1O O xf5 1*2 O iO o xo *o cT<^ PH o o> CM t* CO M* co^oo^ xo m co i> C3 CO S fe. 211 :- o ortgage smen pe * ***+* mil ^ a ^> fl^ *^ pay tax on Cave proy interest to date, a- CO 00 o o o o o STATEMENT No. 2. Eliphalet Nott. For Loan JVb. 1 . From Union Col'ege. 1807July 18. To cash, $1 ,564 42 $1,564 42 1853, Jan. 1. To interest to this date, 4 ,977 44 $6>,541 86 STATEMENT No. 3. Eliphalet JVbtt. For Loan JVo. 2. From Union College. 1826, Feb. 1. To cash, $2,08553 Oct. 1. To cash, 2,238 54 1828, May 3. To cash, 3,82546 1829, Feb. 14. To cash, 1 ,594 95 April 20. To cash, 1 ,298 77 July 24. To cash, 1 ,298 77 Aug. 31. To cash, 1 ,635 68 31. To cash, 1,328 26 Principal, ....... .............. $15,006 01 1853, Jan, 1 . Interest on above to date, ........ 25 , 91 9 84 JO,3f 35 No. 41 87 O O O O O v5 O (X CO TH -H O i -H CO O o GO O O CO CO O CO O O O 1-1 O CM O T* O O O CO VO"* CO OS O O 00 o CO CO CO CO GO CO "S -1 - Q rH GO .>Si r O o " * ^ CO Ci CO o ^fc w I -S ooooo 0000 PQ O m ft ^ ,2 l> ^4 o o o u w '"O nrf TJ 3 *1 bD < 1' si 29 P^^ en *> ^ 2- H ^S o^coco'^^ CO GO -g ^fe rn 03* * S 5 5 CO 00 O o GO CO o o co 1T5 O rH s o o 10 Oi C* xA O T*I O^ CO 00 w o3 W pj V O ^^ C2 H <1> S a, 2 co g-ga 2 s 8 III H" w ^n l-s^ _ _ . ""D t-l ?ll| ^! w 3 P.^3 ^ ^^ W o < "^ P O 2'8 .,0 g, S oj o t>o i^3 r* rH .^ CO I co CO 00 88 JENATE o o 3 o o 7C CO 5C XC cr s =^ co" . ^ ! dividend s. J> ^ ^ a s ^ o 1 3 'E, 3 Mohawk t 1 Oi 2 i CW 3 11 w ;i i r s s o -- 1 -^ c> "s. um adv same, . 03 5 Oi ^ o 5 _. "-* 1-H CO t- V. 5 co 2 S o 11^ IV, fl oo" S a g Ei'3 a ~E a - fl * *3 la^agl^ o o o o CD ~ r3 x, " ^ lg^ S ^ gS s "3 S O r? a a fl O 1 1 co ^ O OO ii 1-H 2 Ha O O O o o o o o O o o^ o o <^ ^^ o o 0^ o iO p o CO cf TjT *r .of ! 1 oT 91 3 w >-3 C c^ 03 c * J ^t-> ^ o o 12 crt o ^ *z ^ P fi 0^1 o S ^ _g S g "o a |M* -Sis . TJ *|.-BU.^ M ~ cn ~< /i~> -s 11 SJ3 eld intere aned wy r i * - OQ H ^^ 13 ^S-C!^ SP O 1-9 +* Q K cj G d S .S ^ M ^ Del To cas G O 1 ^ .22 > ^.S Si s si . -j > C^ zT a? CM 8 1 II i 4_> f &* PQ co oo a fe. l a ft ^ 9 ^ O co -^ gj^ O O I w s e w^ 'S.s o rd - ^ 9 ^S ^-2 cj 52 5 ^ g .SP ' ^ o CO No. 41. J 91 00 o Oi o OS a T o 2 o rH _j * OS B O "a S 2 s A f) O Jk ^j 4) &* eo\S S'S 1 10 o c ^ I 'd .2 : 6 92 SENATE CO CO XO O i> oo 2 o CO JB t t T OC o No. 41.] 93 3 fl > 42 o a .80 ^ _, - CO fiJ-~ o o 3 Is aj sfi ll 1 ^ w > a^ o^g .22 S-33 ^33 CO XO 0> o o o o cC 2 t3 O bC 33 , ed 8 Also receiv interes cent on the above loan of June 10,. Carried forward o o o o o o o o o o^ urT ^s CO CO 00 . r-i A 33 94 [SENATE o o o o o o o o o o o o o o o o o o vb xO o CO "BO CO w O) 11 S 6 ^Sg "^ irT^ ft"d -5 f> g T3 ^ rc > sigsiisi* gswfjs ^ rv* Z*~ ^ *^ CJ r> _M Q ^ O O o o o *."k o ^-2 qp^-g ^2 O 00 C5~ n No. 41.] 95 Isf r :i "^ 2^ c -* I < QJJ *-* p~\ T3 Srg 8 N ^S "- - 15 s-2^ ^ g^ ^^5 10 Ss is > o ^^ -9??nO * '1" fcL |^f^||^^. Sf|*ISl*}l^l ; fl ^fe^. jrt^^S^J-f O>Tl-- r On^-*- =1 'fl^^^g cS ENATE P an H K <3 T H & g cc Q cfc o o o o o i> O CO =s= "2"! ga .v Q y^ 5%*% jH-W^^r; a =2ga-2 w ^o s-glf^ g>^^ g ^ss ss-S f s? ll CO CO O cs Tf 1-< CO l> o o I r-T O PQ Vo. 41,] p T3 1 1< B^ * > +-> -4-P fl 3 1 g -*-> <-! -4-J o O> a o a .2 '-S o :| i-g undividec apptl glM-^WS BJH'# 'fl.s; ? 0) _ P a? TJ "03 a* S 1 a Element ' 'S o -s o *~ ** ^rf Elip CO :S e *4 oo ti * g 02 O te i t* CO O o lO o o o o o o r-l O 10 s 1 if] ji i : il! CO o ^ % i-s oS S^ ill? ! ^ rj^pq ^ JZ5 ^ lISs 1 !! K>I -*^ O 2^1^ P) o O 'fr o CO CO I Senate, NQ. 41.] 5 98 [SEKATfi VO CO CO r^ S CO ^ ^ S.S S-S S O O O O O CO O O O CD CO r O O O O O CO == . fl O O " S 03 0. O. " . --cs tf. a,>;S| g a Q 4( CO OJ jrt; O O- O O i i 03 ca H H 5. CS No. 41.] 99 CO 100 [SENATE c* CO CO co _ r*4 CNTJED." 1 n H 1 S3 I O loo T 1 * & T* o :2 H c* o I CO o CO W CO co S ua CO 1 1 I 55 *" C2 e _^ rM p* -M ^ g " " 'a S : O 1 a? If ! il ESS gl SJ f-fi J3 08 ss w^ being balance of special 1 $10, 000 from Schenectady To cash, (being treasurer's on Mohawk Bank, After the payment of above of $3,000, the College a with the Mohawk Bank wa >ri CO ci x r-* TH -8= 1 "d CO I> 1-* 00 c* 1 CO CO 1 2 00 ^ ^^ o II P 102 [SENATE o o o o CO o iO o o o o o o o o o o o o Oi I P4 3 -s bC ST* T* a - Q -* a o * '& M ^ 03 O if -3 ' d 3 ~T - ri!tjffl>a .5 1 2 *g= "S si Tjf s^ I'rf'S? ^ 8 S S, 111 H O) C s3 ^ Otf f 5 a -s? O, 03 g s S^6| 8 I55 e ''!? o SM^ *|j||| g ^ a CO c* os ^ co o co r- 1 ^ & ITS Cl I CO 00 H |i *s w 1 " eo o o o o o o o o o o o o o o o 01 GO d'M-9'oa iii k. i^4 C rs 2! m c ^ _M | ^ SS o S ^ o c - 8 2 H ^f"! ^- Hi JH P,| ^ O Is a si fl fl d d < ^- x rt + ^ i 03 HH 00 0< s-s CO 2 -" 3 S rH Oi EH o 41.] 103 Ci O CO O o o I iT5 ift o o rH O I- O m , ^0 o CO CO CO 5 o _ J-J Ci N R CO j 1^ Cj JH r 4 ** a <^ & O P3 O^ -' te f "'^ *^ ^8 o ^ D >- w jr: e *" ?! . - S w -M a - - ?H 'S.S-il dS^^^c li^l^^! Ig- en ^O t" ce c If) pp C5 pq i) .o Cti rO f*^ M xri r^> PP O CO 0> o ^ cd > o BS'S 1 fc p ^ 5 J O iO o )-H J> o rH o O o CO !! s a : r O S,-"? : J 2 -g ;> ^ W fH k. . *i TU '^'^ "** II Q g C ^L" J^ A "^ r/i O 00 < ^ 'S'QRS -^ 2- c8 s &?*<-> S O) & J ^ s^^ gs o *c -- p, en 3^ ^w SM 9 "T3 H, -^ S CO CO v) 3 bd 53 U u CO CO O Tj< O 00 O oo *o o t> *\ (M o o o o O 00 t> 00 104 o CM o Id o o o CM >ENAT* O O o o -a c g* r-i jj .s: JS 1^- CJ 3 cT. 03 O a ^ : g 3 $ : 6 o O ^ ooP fl} * N *> irU GO 44 ^ a 2 ^ flSfl PQ bD a Spa .x ^r co ^_M CQ a|a ;&|| -g o ^ o' o ^5 s -gSa^ ; |S1I2- 8"* co r 5 rt -*^ ^ ? C - 4) ^j 2 CO ^rfa* *1 -o o ^ t*/V I . ' i*! ( -G ^ (/) ^ r O i en e II 11 a oo en g ,fl PQPQ 2S f^ G^f 30^;^ 1 Z f^ ^ *-t ** SSill* :7 i 2^2 i T2 W PQ oo pq a ^ *b 2 M -4^ pq* . CM o O T X 1 3 o 1 o B O O O CO *0 o co CO O 1> O C) CM o 13 * a ^H 53 phalet lution e, d E r 3 S S 3 S-^nj g ' A S a, ^S '5 '3 +3 At3 ^c 2 PnC^a 03 S cd 00 ^ H H HH ft < CQ O O CO CM feS No. 41 ] 105 00 g CO 3 O C* gc* CO CO GO O o o o o rx CO o o o CM o o o o O xft O CO CO CM .s jf-S ^SS 1 P3 ^ fl 8 rH U5* co i O I 1 *! . o o ^ ^^ M > (L< en . P ^g * - 35 I'l ^ S 53 _ i.. g J 5 P. * . co ^_ -2 fen s h Wl, ^> O rt 03 ^ ^ > a| o P No. 41] 107 co CO o o 00 GO 1 00 g r W r I? I 1 f a j 3 00 S^ bpc, {3-^3 ^TJ ta -^ ^ | o ^ | o PCS H ,5 ^ 0} g g N ."3 ^^ ^ ^ W 0) w ** JB O s-i *-* 0=2 g .8 r. 5 0) a o a cd ^ o iO CO o> CO CO o o o o o^ CO a u o o o GC i 1 -. fl bD ^ J3 . w S s ^ 5 i 3 CO GO 108 [SENATE s o o CO tfi 00 .-< Oi O CO i-4 fl it !*5 W S r5 i fc 00 SPQ . rf< *i a oo g, -g H? 02 O o o ^ 1 O O o o o o o o o o o o bO o as- ;&RfSa bD O) rdl'-tfl^fi.^* , P r -N -U J^-^OO-M^ harTS ^^^SS" 3 ^^^" c3 _< P o'^'-*,:^^ g -i| (/i ^ ?S GO a- ^ I fl o o o GO o O o > CO CO ce . 8* Sw as ss s - OT ^ S CO O r^5 "rt ^ o' S >^ &a S^ 00 S 00 t> co co C* xO t^xo^ i-4" co^ o o o o CO KO 03 CM en . bC 45 |l 2 S So o" S|ll-gW ^I 1 ..*! ^ oT'^ I s^5 CO I .S ^^ 03 J3 - bo .oS24J CO ^ i, oo o 2 ^ o v.\* - OH II a t>-s gjj S H A . d Jq t> cs H-d ^ | B $ ? 9 ^a CS^H, 112 [SENATE CO eo S CO 10 o oo 01 > o co o * 3 CO Ha MB fe; :^ 11 cc ^ *-T S ^ 00 00 i^^ ^O J> *- w ^ Hw o CO CO o *d o ?2 CO r^ " ** CN Oi tin 00 //y . =^ 1 =^3^ 01111 i o oo a o t>- t- i 2^0? -*- CO 5 o 5 "S "S o ^ * i:Stsi.|| |IJM1| i^itti^ S S "" CD" = * L&if '3 S g a CD I 8 H ci CO 00 41.] 113 a " P B ! g < g Oi a o CO o CO * 3 5 o * W Q M I Q 'sail* t US 0) ^ " ^ 0) O) 00 ? 03 rn 111! p ^ TJ 8.8 C* ltfl s & o o o [Senate No. 41.] 114 [SENATE a -e M-a-STS I OQ o -Q n a tj c; c^ d f-t O> g icT ^ fcD P P .S CO 1 t eft 'SH ^ P 0> T3 P 03 00 f-H T3 -s ! o> P "2 K 4-3 1 c: Z. CO rS ^ }> s "3 !>-, TO . -rf ;H O) * s P 4d> d" ^H n5 2 =3 * fe -W P" P^ S 5*-l TJ P jd i j! 1 =4-1 ! a -2 ~*- P i i s cc U 0) 3 03 i i ^+-1 W2 O :-t ! "1"^ 1 s if ! -J-2 03 ^ P S S r/ 'j- I 1 i ^ fc^ W 33 r^ u c3 c/j CJ cfi ea >* W T l 1 CD rd 00 CO oo P CO 'TS o p P Itt Tf o > n ift o- > o o ^r ^^ CO i- XO o CO XT > o 1 s l> l> CO ^ 10 c* cc > ^ CD W Wi e 9 "S s CO CO S ^--,1 -^v o f^i V S s -x ' rs \>J( ** (/S .A C_* #> 1 1 To cash paid Mrs. Vanderwerker, 6 on Waterford property, , To cash paid interest on above $1.17; paid for distress warrant &5 Q7. . W*'? ' J ' To cash paid treasurers' expenses t( Waterford in Jan., do do S days do Mrs. Vanderwerker ,sh mo. rent, water, &C; To cash paid Mrs. Vanderwerker ( mo; renfon 8 acres and 14 rods,. , To cash paid Mrs. Vanderwerkej interest on above, $1.09 ; attorneys fpps. &2 50. To cash paid Mrs. Vanderwerkr 1$ mo. rent of lease. . To cash paid for a mortgage on pan of the Waterford property, $274.62 expenses to J. S. Lane, $1.38, . . . , i a O ,-H O 116 SENATE o CO O O 00 CO CO Ci o o PQ : J : ^sf 111 "*" cS -C ^ en M -M S3 t> r^ O l> c j=?.s xP a GO w^ CM | 3 pq- w ^ fl i " O O> c2 *S I H r>7 a ^ = w **! o 2 .SP2 *a ^ ^ > 5 S - ^ H 5^ a UH' A * ^W^-s S^^r5 g-gfl ^ C CC - -c g^ o OIO 2 _ H % ^2 TrC CO o r G^ ^ ** . 2l s s^ffi. .- rt . o A- 03 ^-d 2.23 fq ar'fe 3 ~ ^ r '- ^^-^ sg'g P3 *H OJ ^"sis '^-1 illl ,5-^5 <> c^ JH CH <1 CO ^ 00 o o w I* o .8- I 00 =s8 1 Ci * ' _l d> SH ) -.y V7 . S o -** CO ll 2b> 2 a , -w a ^2 rs ^> ^H "*** -jC 3 o o ^ s ^ P<.t5 OJ r^ ^v ^ S fl fl | d O o .^H O O "" C8 ? 03 co I bb' i s .a J5 ri C WJ II CO I 00 - I 41,] 117 CO 62 & . j B a & S.-U -WH! -" g o3 s 00 bb i> CO co 10 (TO O O o g i I CO 0* CO CO CO H3 .^ 3 * *^ ' iJs win 'S'S S Itg >^ Pi 3 in co o LO o o o I o r-l ! <* 2 ~ " ^J S^ % gt s4J?- "2 .; -o v- 72 r ** CO c * s| ^ < 00 118 >ENATB H X O O S O O 0* iO VO li =6& 2 + *W*1 2 ' CD CO o 00 e o o g ' bD bp CD % _d O a is o t> o o O 3 01 ^ CO s > No. 41.] 119 co r^ * I 131 6s i CO 00 O OS * G^l l> i a S a o faa o s&S 52 O *gji a SD o 2 W 00 CO o OS 00 o o i> 18 a ort. A, in appendix. stment of money up- hall be made by the cumbered real estate value of the money sive of all buildings uch loan shall be nt of the finance of m in ves age sh uninc the v xclusi no e ass ard. ^^ jr c* " M TJ A. o bp fl o fl^3^ cO^o^^r^ o l||J|-:^s Se n lan wi rf To balan CO O CT C H O *3 o CO 10 00 as 5 120 >ENATE O O o oo o o CO l> O .-I o i> o o o o o o i- William Jlnders i 00 3 - ^.t? fl r^ o^ 3 o H H K- ^ s 122 So 1 rH -53 CO co CO co . 00 fl rH 03 S CO co CO CO - 00 CO oo n No. 4L 123 rP Ci CM l"i" iii 00 O co s .2 fl 4) fl * qj >JpSi CD "* e alijl S K ^S s !P Ills! CD 03 o crt b> CD O -M r^5 O Q O o o o o o o o o C >-> OJ o os .22 fill I .2 S)"8 '~ "oi " ^ O ^n 10 2 P-H CO O CO 10 Tfl o o CO CO =99= - bo 3 gul e ro xi x 1 CD CO iO CO r- fl 1 ^ J l^ CO CO t> S-. If 3 CO 00. CO CO [SENATE u *0 vO t- -H CO 8 I q o Cl o co p .2 CO CO O C5 CO o I - i S - fl CO -2-Sg o X o p-i o *-> ft f~^ f-t CO CO CO OS s C 0) ^Q O Id 4) ^ ^a CD V) t-t V ^ > CD s^SS O s a o s o o o o CO *0 oo 00 p,oo [SENATE O^Hx o o o o -M fc 1.55 O CD B8 o o o o o o o O O O O O .,00000 4^00000 O *5 O i& i5 i l I 8" & C O} fi CO CO a -3 aj . ^ t> S o o o o3 'OT t- t> P . co 8 No. 41.] 129 VC OO >-H H ^ ^ T 1 ~H f ( W ^ |j| : 1-tsSS lik>.i Uli T3 sL bD-^ I-H 'H Sfc *x V rt\ *^* ^ ^_ S > !*[ ! ( H , r * . CO CD -j^Q 1 1 2 "o ^ ^"a > H . T-~V r O ^3 a fli sl|2 21 1 - SallS -8? =3 ton a re. s ^,f^1 I. JS- 92 CI >>$ o 5 " rH>S TS Ili^l K 1 C4_i si rt ^ a C3 M sft rg C3 - cp -g +J -M < rj >-> 5> a lljjl 2||| i i 13 ^0 o pg^ Oi CO T-H CO uj * . 2 o 2 a 9 j TIT fen t a 1? [Senate, No. 130 [SKHATE STATEMENT No. 19. Eliphalet Nott,for amount of 22 notes collected by you from Yates 4* Mclntyre, belonging to Union College^ being received by you on account of the fund known^ by way of distinction^ as the 8f per cent. College Lottery Fund. Principal. Time. Interest. 18 February 4 : r . by you for tyre's note, June 4, 30. C"o cash received Yates & Mcln- due this day. . . do $5,525 00 2,825 68 Y. M. D. 22 10 27 22 6 27 $8,859 40 4,465 08 July . 4, do 2,841 88 22 5 27 4,474 11 Ausr 4. do 2,856 80 22 4 27 4,480 92 **"& ^J Sept. 4, do 2,873 10 22 3 27 4,489 73 Oct. 4, do 5,758 33 22 2 27 8,964 82 18, do 2,896 26 22 2 13 4,501 25 Nov. 18, do 2,912 65 22 1 13 4,509 73 Dec. 18, do 2,927 78 22 13 4,516 01 1831 Jan. 18, do.. 2,944 25 21 11 13 4,524 30 Feb. 18, do 2,959 46 21 10 13 4,530 34 March 18, April 18, do do 2,976 00 2,991 31 21 9 13 21 8 13 4,538 38 4,544 24 May 18, do 3,007 93 21 7 13 4,551 96 June 18, do.. 3,023 24 21 6 13 4,557 01 July 18, do 3,039 05 21 5 13 4,563 61 1832 April 4, " do 3,187 58 20 8 27 4,627 85 May 4, do 3,190 68 20 7 27 4,613 74 June 4. do 3,315 00 20 6 27 4,774 19 July 4, do 3,128 84 20 5 27 4,487 82 Ausr. 4, do 3,332 50 20 4 27 4,760 50 Sept. 4, do 3,177 88 20 3 27 4,521 09 171,691 20 $108,856 08 .R ecapitula tion. Due from E. Nott, for principal, $71,691 20 " " " interest to 1st January, 1853. 108,856 08 $180,547 28 No. 41.] 131 o co O < 1-1 O "tf 00 CO i-* O CO CO CO i i CM <*T oToT OO^CQ'**^ ' 1 ~ lC ^'~ l O I 8-|,j ^^ 1 ""^lO *> * w rf o o "XS ^ S'S J O - 132 SENATE O || t- 00 rt O O g a III 1 i3 00 ' I! ^ fl . O O O ^ O O O O- ooooococooo 00 g 5 CO CO ;o 00 00 0* ^ CO 00 CO 00 O Ci Tf Ti-T 00 xft n * S.5 ..p o o g '-2 03 .S s CO tf O o CO 00 to 00 g? CO o CO 00 No. 41.] 133 STATEMENT No. 21. Eliphalet Nott, for Hunter Point Property, opposite the city of New-York. 1838. Oct. 11. To paid E. Nott for the undivided half of Hunter Point property (200 acres), opposite the city of New- York by directions of the finance committee, $100,000 00 1853. Jan. 1. To interest computed from llth October 1838, to date, 99,555 54 $199,555 54 By the records of Queens county N. Y., the treasurer of Union College, on the 1st August 1845, quit claimed by deed the above property to Eliphalet Nott. Consideration named, $100,000. All that the books of the treasurer of Union College record of the above transaction is the following memorandum, under date of Aug. 8, 1845, and which is in the following words : MEM. The Hunter farm and Stuyversant Cove property re- transferred to president Nott, on account, as per resolution of trustees, passed last meeting. The above is the only record found on the college books, rela- tive to this property ^or the Stuyversant Cove property, likewise transferred to Dr. Nott The accountant respectfully submits to the commission the propriety of making the proper charge for both of these parcels of land with the accruing interest, to the account of Eliphalet Nott. 134 [SENATE STATEMENT NO. 22. Elip/.alet JVb#, For his subscription in behalf of the owners of the Hunter Point property. For stock in Hallet Cove Ravenwood and Williamsburgh Turnpike and Bridge Co. 1839. May 25. To cash paid E. Nott, 1st installment on Hallet Cove, Ravenwood and Williamsburgh Turnpike Bridge Co., $200 00 Aug. 3. To cash paid E. Nott, 2d installment on Hal- let Cove, Ravenwood Jf, Williamsburgh Turnpike & Bridge Co., 500 00 23. To cash paid E. Nott, 3rd installment on Hal- let Cove, Ravenwood & Williamsburgh Turnpike & Bridge Company, 1 , 000 00 Oct. 3. To cash paid E. Nott, 4th installment on Hal- let Cove, Ravenwood & Williamsburgh Turnpike & Bridge Company, 1 ,000 00 1840. June 30. To cash paid E. Nott, he assuming to pay balance on subscription, $2,000 and inst., 2,088 26 Oct. 1. To cash paid for 20 additional shares, 500 00 5,588 26 1848. April 17. By William Armstrong, bond and mortgage, assigned by E. Nott, 20th May, 1848, with interest from 17th April, 1 , 500 00 4,088 26 1853. Jan. i . To balance of interest on above, 4 , 569 65 8,657 91 No. 41.1 135 STATEMENT No. 23. Stuyversant Cove Property in the city of New- York, received from E. Nott, in part payment of his indebtedness to the Union Col- lege. 1838. Nov. 27. To Eliphalet Nott and wife, deed for one undi- vided half of Stuy vesant cove, containing 35 acres, and lying on the East river in the city of New- York, immediately above 13th street. The purchase money in the deed being $75,000 ; for which the said Eliphalet Nott now received credit of $58,632. 15 ; the bal- ance $16,367.85, on a final settlement with him is intended to be placed in the fund spe- cified in the report of the finance committee and recognized by the trustees, July 26th, 1837, $58,632 15 1853. January 1. To interest computed from 27th Nov., 1838, to this date, 57,847 12 $116,479 27 Mem. May 20, 1844, conveyed for a consideration of the above named $16,367.85, 72 rods of same land back to E. Nott, See map for particulars, and also a copy of deed with E. Nott, deed to us. A. H. Being Alex. Holland's initials. The remarks attached to the Hunter Point property fully apply to the above. Payment of mortgage and taxes , reassessments and advances by Union College on Stuyversant Cove property. 1841. Sept. 9. To cash paid E. Nott for advances made by him on the Stuy vesant Cove property up to this date, $14,382 99 Carried forward, $ 136 [SENATE Brought forward, $ 1842. Jan'y. 10. To cash paid J. H. Hook- er through Stratton & Seymour 10th Sept. last, for six month's interest on N. Bliss' mortgage to Stuy versant, 280 00 1843. March 24. To cash paid J. H. Hooker, six months interest as above, to 1st March, 280 00 1842. Sept. 7. To cash paid J. H. Hooker, six months interest to 1st Sept., 280 00 1842. Dec. 22. To cash paid J. H. Hooker on account principal on above mort- gage, 2,000 00 1842. Dec. 22. To cash paid premium for a draft to remit above, . , 4 00 1843. March 21. To cash paid to J. H. Hooker through Stratton & Seymour on the llth inst. for interest on above,. 254 37 1843. March 21. To cash paid premium for a draft to remit a part of above, .... 27 1843. May 23. To cash paid Stratton, & Seymour, being advance made by them for three year's water quit rent on above land, 456 00 1845. January 21. To cash paid Stratton & Seymour for advance made by them llth Sept., 1843, six months interest to J. H. Hooker, as above, 210^00 1845. January 21. To cash paid Stratton & Seymour for advance made by them 4th March, 1844, six months interest to J. H. Hooker, as above, 210 00 1845. January 21. To cash paid Stratton & Seymour for advance made by them 12th Sept., 1844, six months interest to J.H. Hooker, as above,. 210 00 Carried forward, No. 41.] 137 Brought forward, $ 1815. January 21. To cash paid Stratton & Seymour for advance made by them for assessment opening avenue A and 15th street, in New York, 19 08 1845. January 21. To cash paid Stratton & Seymour for advance made by them for taxes 1835 and 1836, on Cove pro- perty, 13 10 1845. January 21. To cash paid Stratton & Seymour for advance made by them 5th Dec., 1844, taxes on Cove proper- ty, after being sold, 318 23 1845. January 21. To cash paid Stratton & Seymour for advance made by them 5th Dec., 1844, taxes on gore below avenue B, 786 1845. Dec. 6. To cash paid Jas. Hooker, six months interest to 1st March, 1845, on above mortgage, 210 00 1845. Dec. 6. To cash paid Jas. Hooker, six months interest to 1st Sept., 1845, on above mortgage, 210 00 1846. March 2. To cash paid James Hooker, six months in't to 1st March, 1846, on above mortgage, 210 00 1846. Sept. 21. To cash paid Jas. Hooker, six months interest to 1st Sept., 1846, on above mortgage, 210 00 1846. Oct. 20. To cash paid F. Bliss, bond to N. W. Stuy vesant, now held by Jas. Hooker, with a mortgage on Stuy- vesant Cove, sold to Doctor Nott on con- dition that said mortgage be paid. The amount now due given to Doctor Nott and the college released from their obli- Carried forward, $ 138 [SEW Brought forward, gation to cancel said mortgage. Prin- cipal $6,000 interest trom 1st Sept. $58.02, 6,058 02 $25,823 92 1842. Aug. 5. By 23 shares stock in New- York PoudrettCo., received from D. K. Miner on account 3J years rent as per agreement $2,600, less taxes, &c., $300, $2,300. 1845. January 21. By cash from D. K.. Miner on account New- York lots leased to Poudrette Co., as per Stratton & Sey- mour llth May, 1844, 200 00 ATE (As the 23 shares stock in the Poudrette Co. costing $2,300 was valueless, its credit is withheld in this account,) . . . .$25,623 92 1853. Jan. 1. By balance of interest on this account, 27,367 47 52,991 39 Total cost and disbursements, $169,470 66 Say cost and interest of purchase, $116,479 27 Mortgage assessments, &c., &c., 52,991 39 $169,470 66 No. 41.] 139 140 [SENATE a *> CO b Ot X fl ' T ^ CO W v ^^ *N *X ^t5 s ^ Ull llfl^l '33 CO 00 o O 03 <3j O ~ 00 ~ H O . ^ CO S o >ya-~| cr 1 fl . Hd 00 H d^-^ rH -g 8S O STATEMENT No. 26. Dr. Eliphtfet Nott. Salt 1805. March 22. To cash paid E. May 4. do 11. do Aug. 16. Oct. 15. do 1806. Jan. 22. do Feb. 15. do April 28. do May 8. do June 20. do July 19. do 31. do 31. do Aug. 3. do Sept. 3. do Oct. 14. do 1807. Feb. 9. do May 21. do June 22. do Oct. 15. To cash paid E. 1808. Feb. 2. do March 7. da April 14. do Carried forward, . iry account as President Union College. Nott, order, . . - &5 00 do 500 00 do 500 00 do do $250 00 370 00 * 60 00 53 25 do 250 00 do 71 00 do 150 00 do 20 00 do 32 51 do 2 50 do . do 581 43 30 00 fil 1 A% 104 81 do .. ! 50 00 do 300 00 do . . . 700 00 do 610 00 do 125 00 do 20 50 Nott, salary, . 240 06 do 200 00 do 125 50 do 434 44 . $ 142 [SENATE Brought forward, 1809. May 5. To cash pai 6. do Oct. 5. do 19. do Nov. 20. do 1810.. March 28. do Aug. 2. do Sept. 26. do 1811. f July 25. do Aug. 7. do Nov. 20. do Dec. 7. do 14. do 1812. Feb. 17. do March 9. do May 1. do July 21. do . Aug. 3. do Sept. 11. do Oct. 28. do 29. do 30. do 1813. May 5. do 25. do Carried forward, id E. Nott, salary, . . . 925 43 do 103 00 do 300 00 do 628 11 do 35 00 do 2,300 00 do 82 04 do 500 00 do 250 00 do 192 18 10 50 02 68 do 780 00 do 52 67 19 64 72 31 do 418 92 do 300 00 'do 250 00 do 400 00 do ; . 219 03 do 272 00 do . 175 00 do 400 00 126 63 526 63 do 46 71 365 33 41 04 do . 99 44 do 500 00 do , 350 00 No. 41.] 143 Brought forward, 1813. June 5. Aug. 13. Oct. 12. Nov. 1. Jan. 22. April 21. July 30. Sept. 29. 1815. Feb. 27. April 6. Aug. 11. 1816 Jan. 3. March 29. May 30. Oct. 29. 1817. Jan. 22. May 22. Aug. 11. Oct. 18. 22. 1818. Feb. 7. April 26. July 27. Nov. 20. 1819. April 24. Dec. 10. 1820. April 19. do do do do do do do do do do do do do do do do do do do do do do do do do do do Carried forward. dE. Nott,salary, * 484 69 do 165 31 do . 7 46 do in full to Aug. 1 , 492 54 do do Nov. 1, 500 00 do 500 00 do 600 00 do 100 00 do :. 24 00 do 500 00 do 556 00 do 1,000 00 do 500 00 do 500 00 do 500 00 do 1,027 73 do 500 00 do 600 00 do 1,008 47 do 300 00 do 115 75 do 600 00 do 500 00 do 600 00 do 600 00 do 1,800 00 do 600 00 do 600 00 I, 144 [SENATE Brought forward, . . 1820. Sept. 29. do do 600 00 Nov. 29. do do 600 00 1821. Jan. 21. do do -600 00 Feb. 20. do. do 600 00 March 12. do do 600 00 Aug. 24. do do 600 00 Dec. 27. . do do 500 00 1822. * March 1 . do do 600 00 Aug. 23. do do 1,491 53 1823. March 26. do do 600 00 Nov. 8. do do 1,000 00 do do , 500 00 do do 400 00 1824. Feb. 2. do do . . . . 500 00 May 7. do do 500 00 Aug. 4. do do 500 00 Nov. 1. do do 500 00 400 00 000 00 1825. Feb. 1. do do 500 00 May 11. do do 500 00 Aug. 1. do do 500 00 Oct. 26. do do 600 00 1826. Feb. 1. do do 600 00 April 8. do do 600 00 May 1. do do 600 00 July 28. do do 600 00 Nov. 1. do do 600 00 Carried forward,. No 41.( 145 1827. Feb. 1. To c ash paidE. 600 00 May 4. do do 600 00 Aug. 9. do do 600 00 Nov. 1. do do 600 00 1828. Feb. 1. do do 600 00 May 2. do do 6CO 00 July 26. do do 60 00 Nov. 26. do do due August, . do do due Nov., ... 600 00 1829. Feb. 7. do do 600 00 May 1. do do 600 00 Aug. 14. do do 600 00 Nov. 3. do do 600 00 1830. Feb. 2. do do 600 00 May 4. do do 600 00 Aug. 31. do do 600 00 Nov. 2. do do 600 00 1831. Feb. 2. do do 600 00 May 6. do do 600 00 Aug. 8. do do 600 00 Nov. 1. do do 600 00 1832. March 1 . do do 600 00 May 1. do do 600 00 July 25. do do* 600 00 Nov. 8. do do 600 00 Dec. 26. do do 1833. Feb. 16. do do 600 00 April 27. do do 600 O'Q Carried < \ [Senate, No. 41.] 10 146 [SENATE Brought forward, $ 1833. Sept. 16. To cash paid E. Nott, salary, 600 00 600 00 Oct. 31. do do 1834. Feb. 11. do do May 8. do do Sept. 9. do do Dec. 18. do do 1835. Nov. 5. do do 1836. Jan 11. do do 12. do do Feb. 22. do do June 1 1 . do do Aug. 11. do do Nov. 2. do do 1837. April 22. do do May 9. do do Sept. 14. do do Dec. 4. do do 1838. Feb. 10. do do May 15. do do Sept. 13. do do Nov. 1. do do 1839. Feb. 7. do do May 1. do do Aug. 19. do do Nov. 21. do do 1840. March 5. do do May 27. do do 600 00 '600 00 600 00 600 00 1,200 00 600 00 600 00 600 00 600 00 300 00 300 00 1,200 00 600 00 600 00 600 00 600 OQ 600 00 600 00 600 00 600 00 600 00 600 00 77 00 200 00 165 00 June 24. do do 1,35800 Carried forward, $79,699 12 Wo. 41.] 147 iUUUg 1841. Feb. 26. May 4. May 15. July 24. 30. Nov. 1, 1842. Feb. 1L May 18. Aug. 22. Sept. 3. Dec. 13. 1843. Jan. 31. May 17. Aug. 8. Sept. 18. Oct. 26. Dec. 30. To cash paid E. do do do de do do do do do do do do do do do do vember 1 Nott, salary. . , 500 00 1,200 00 22 00 492 76 785 24 600 00 600 00 600 00 400 00 100 00 50 00 500 00 427 50 700 00 289 80 100 00 1,331 00 769 90 500 00 300 00 do do * . , $600 00 600 00 do do do do ^do do do $75 00 275 00 50 00 do do do do $425 00 2 50 do do do in full to No- $1,232 70 98 30 in j*Hvanr>.p. 1844. July 16. To cash paid E. do Aug. 9. -do Sept. 23. do Nott, salary,., do do $100 00 669 99 do 148 | SENATK Brought 1845. Feb. 1. do do in full to Feb. 1, 1,331 80 Sept. 10. do do 185 99 15. do do 1 ,000 00 Oct. 1. do do infulltoAHg.l, 14 01 Nov. 21. do do 200 00" 1846. Jan. 2. do do 200 00 Feb. 6. do do 125 00 May 7. do do> $500 00 775 00 1,275 00 July IS. do do 300 00 Sept. g. do do 250 00 Nov. 28, do do to- August 1, 50 00 do do 250 00 Dec. 7. do do to Nov. 1, 250 00 1847. Feb. 12. do do to February 1, 500 00 June 30. do do to May 1',.... 500 00 . 1848. Feb. 2$. do do to February 1, 1,500 00 May 9. do do to May 1, 500 00 Aug. 1. do do 564 82 1849. - May 28. do do to May 1, 1,435 1$ 1850. June 29. do do ..._.. 840 00 July 25. do* do 500 00 Nov. 11 do. do 200 00 1851. March 3. do do 814 61 May 8. da do 230 00 14. do do 200 00 June 16. do do 289 57 30. do do 840 00 Carried No. 41.] 149 Brought forward , ....... . * $ 1851. July 12. To cash paid E. Nott, salary, 100 00 Aug. 2. do do 300 00 Nov. 7. do do 10000 Dec. 1. do do 1,00000 30. do do 50000 1852. Pec. 31. To cash,, ,, ,..., 1,869 42 $107,981 78 1806. April 22. By cash paid B. Allen, $1 00 00 Dec. 12, do G.B.Henry, 4932 Doct. Nott was elected president, 24th August, 1804, salary, $1,500; say 2 years, 9 months salary, to 1st August, 1807, would be, $4,125 00. Doct. Nott ? s salary increased from $1,500 to $2,000, 25th July, 1807. July 16, 1866, Doct. Nott's salary increased for one year, 20 per cent, in consequence of high price of provisions. In 1817, Doct. Nott's salary to be as it was last year, for same cause. Doct. Nott's salary fixed at $2,000 per annum. $119 33 STATEMENT No. 27. Statement of Perquisites paid to President Notf. The first entries which are found on the books commence with , and are found on the Register's books. It is supposed the payments made previous to 1816, were made by what was then termed the Collectors. Their books have not been furnished. IS16, Feb. 3. To paid E. Nott for the students entrances ... $90 00 1817, Nov. 26. do do 16500 1818, Feb. 16. do do 21 00 July 16. do do 75 00 Dec. 7. do do 272 00 181 9, Feb. 1. do do 83 00 July 19. do do 97 00 Aug. 20. To paid E. Nott for 56 bachelors' and 19 masters' degrees, $6.... 450 00 Nov. 30. To paid E. Nott for student en- trances ... 359 00 1:820, Mar. 14. do do 22 00 July 10. do do 191 00 Nov. 29. do do 321 00 29. To paid E. Nott for 64 bachelors' and 18 masters' degrees, $6 492 00 1821, July 3. To paid E. Nott for students en- trances ... 95 00 Nov. 21. do do 291 00 1822, April 5. do do .... 3300 July 31. do do .... 101 00 31. To paid E. Nott for 144 bachelors' and 18 masters' degrees, $6 .... 972 00 Carried forward, $ No. 41.] 151 Brought forward, $ 1822, Nov. 30. To paid E. Nott for students en- trances ... 348 00 1823, July 24. do do 44 00 24. To paid E. Nott for 62 bachelors' and 24 masters' degrees, $6 .... 516 00 Dec. 31. To paid E. Nott for students en- trances ... 381 00 1824, Aug. 26. do do 33 00 26. To paid E. Nott for 79 bachelors' and 24 masters' degrees, $6 .... 582 00 1825, Feb. 1. To paid E. Nott for sfiidents en- trances . . 305 00 July 20. do do .... 126 00 20. To paid E. Nott for 62 bachelors' and 31 masters' degrees, $6 .... 558 00 Dec. 28. To paid fi. Nott for students en- * trances . . . 233 00 1826, April 27. do do 3900 July 27. do do 28 00 27. To paid E. Nott for 70 bachelors' and 19 masters' degrees, $6 534 00 Nov. 16. To paid E. Nott for students en- trances . . . 204 00 1827, June 27. do do 106 00 July 21. To paid E. Nott for 68 bachelors and 23 masters' degrees, 6 546 00 1828, July 24. To paid E. Nott for students en- trances 342 00 24. To paid E. Nott for 70 bachelors' and 15 masters' degrees, $6 .... 510 00 1829, July 29. To paid E. Nott for students en- trances , 720 00 29. To paid E. Nott for 82 bachelors' and 30 masters' degrees, $6 .... 672 00 1830, July 30. To paid E. Nott for students en- trances 564 00 Carried forward^ $ 152 [SENATE Brought forward $ 1830, July 30. To paid E. Nott for 96 bachelors' and 17 masters' degrees, $6 .... 678 00 Dec. 28. To paid E. Nott for students en- trances 398 00 1831, Aug. 12. To paid E. Nott for 75 bachelors' and 20 masters' degrees, $6 .... 570 00 Dec. 26. To paid E. Nott for students en- trances 563 00 1832, July 20. To paid E. Nott for 70 bachelors' and 11 masters' degrees, $6 .... 486 00 Dec. 28. To paid E. Nott for students en- trances 537 00 1833, July 26. To paid E. Nott for 69 bachelors' and 16 masters' degrees, $6 .... 510 00 Dec. 3. To paid E. Nott for students en- trances .*. 421 00 1834, Dec. 26. To paid E. Nott for entrance and graduates' fees . . 1 , 1 56 00 1835, Dec. 28. do do 1,43200 1836, Dec. 26. do do 1,37000 1837, Dec. 27. do do 1,37900 1838, Dec. 31. do do 1,41800 1839,Dec. 31. do do 1,54300 1840, Dec. 31. do do 1,513 00 1841, Dec. 30. do do 1,261 00 1842, Dec. 31. do do .... 1,498 00 1843, Dec. 31. do do 1,245 00 1814, Dec. 31. do do 1,40400 1845, Dec. 31. do do 1,52900 1846, Dec. 31. do do 1,37500 1847, Dec. 31. do do 1,45400 1848, Dec. 31. do do 1,40600 1849, Dec. 31. do do .... 1,48700 1850,Dec. 31. do do 1,18200 1851, Dec. 31. do do 1,44800 1852, Dec. 31. do do 93u 00 Carried forward $41,644 00 No. 41. 1 153 Brought forward $41 ,644 00 To paid E. Nott rent on President's House at va- ious times from Nov. 26th, 1817, to 26th July, 1833, by Register, at $90 per annum, 1 ,426 00 To paid E. Nott for keeping College accounts, from Nov. 26th, 1817, to July 26th, 1834, at various times, at the rate of $40 per term, 1 ,920 00 Of the above, $760 was transfered to Treasurer's book 1160, and balance paid by Register's boojis. $44,990 00 STATEMENT No. 23. Alexander Hollaad, for sundry payments credited on Schoharie bonds, ike same being received in horses, cows, waggons, butter, honey, oats, beans, rye, clover seed and other farming products, being omission to credit the same or their proceeds on his books as trea- surer, to the credit of the College. 1S44, Aug. 30. To a horse, received from Frederick Coon on bond and mortgage, $70 00 1846, April 16. To truck, &c., received on H. H. Becker's bond and mortgage, $23 85 1848, April 12. To one new two horse wa- gon, on H. H. Becker's bond and mort- gage, 65 00 88 85 1845, Oct. 5. To horses and wagon from Peter Shultz, on his bond, horses $150, wagon $53, .... 203 50 1846, April 15. To 1 horse $60, truck $15.67, from Peter I. Shultz, on his bond, 103 67 1816, Nov. 14. Beef do do 13 00 1847, March 4. Lumber do do 12232 1848, April 12. To 273 bushels rye, 6s., from Peter I. Shultz, on his bond, 204 75 1848, Nov. 20. To 1 fat cow do do 22 00 , 669 24 1847, June 10. To one pair boots from David Stannard on his bond, 6 75 1816, to truck, &c., received from Justus H.Barnes on his bond, $103 50 1847, June 10. To butter, &c., received from Justus H. Barnes on his bond, 33 13 Carried forward, , No. 41.] 155 Brought forward, $ $ 1847, Oct. 28. To beef, received from Justus H. Barnes on his bond, 12 54 1847, Oct. 28. To 13J bushels beans, re- ceived from Justus H. Barnes on his bond, 11 81 1848, March 7. To beef, received from Jus- tus H. Barnes on his bond, 13 88 1848, March 7. To honey, received from Jus- tus H. Barnes on his bond, 694 1848, March 7. To beans, received from Jus- tus H. Barnes on his bond, 28 06 1849, Dec. 20. To buckwheat, received from Justus H. Barnes on his bond, 7 00 1851, June 1. To beans and oats, received from Justus H. Barnes on his bond, 23 26 1851, Dec. To beans and oats, received from Justus H. Barnes on his bond, 11 18 251 30 1846, April 16. To buckwheat, received from John C. Mattice on his bond, 20 31 1848, Jan. 21. To truck, &c., received from John C. Mattice on his bond, 70 00 90 31 1846, April 16. To receipt for stuff, &c., received from Nathan Gates on his bond, 98 00 1847, June 10. To wood work of wagon, received from Dauid S. Richmond on his bond, 20 00 1846, April 16. To receipt for stuff received from Frederick Coon on his bond, $28 75 1847, June 10. To receipt for staff received from Frederick Coon on his bond, 67 64 1848, Jan. 25. To receipt for stuff received from Frederick Coon on his bond, 45 19 141 53 1845, Oct. 29. To brown horse received from Henry Foland on his bond, $100 00 1835, April 12. To two bushels clover seed received from Henry Foland on bond, .... 14 00 Carried forward, $ $ 156 [SENATE Brought forward, . , , $ $ 1845, June 10. To two bushels clover seed received from Henry Foland on his bond, 15 00 1848, Jan. 21. To 455 bushels oats, 44e., re- ceived from Henry Poland on his bond,. . 200 20 1849, March 7. To one bay colt received from Henry Foland on his bond, 150 00 479 20 $1,915 23 STATEMENT No. 29. Alexander Holland , for sundry dividends of the, Mohawk Bank. 1846, Nor. 4. To dividend on 2,500 shares stock standing in the name of John Watts, belonging to Union College, drawn by you, ........ $625 00 1846, Nov. 4. To dividend on 1,140 shares stock stock standing in the name of trustees Union College, drawn by you, 285 00 1847, May 11. To dividend on 740 shares stock stand- ing in the name of trustees of Union College, drawn by you, $185 00 1847, Nov. 2. To dividend on 740 shares stock standing in the name of trustees of Union College, drawn by you, 185 00 1848, May 4. To dividend on 740 shares stock standing in the name of trustees of Union College, drawn by you, 185 00 $555 00 Less received of W. B. Walton, 19th Oct., 2847, 1 years interest on $7,400 stock,. . . 259 00 296 CO 1848, Nov. 8. To dividend standing on 740 shares stock standing in the name of trustees of Union College, , $185 00 1849, May 1. To dividend on 740 shares stock standing in the name of trustees of trustees of Union College to be drawn,. . . 185 00 370 00 Less received of W. B. Walton, Nov. 8th, 1848, 1 years' interest on $7.400 stock, . . 259 00 Ill 00 $1,317 00 STATEMENT No. 30. *# statement showing the cost of the original College buildings and site, commenced in 1796, their sale in 1812, and repurchase in 1836, with Ihe grant from the State of New- York for its erection and completion , irrespective of interest. There was expended for bindings from 1796, to 2d May, 1798, $4,863 90 do do 8th May, 1769, 6,359 28 do do 10th May, 1800, 4,321 09 do do 6th May, 1S01, 2,469 49| do do 30th June, 1802, 7,623 59 do do 30th June, 1803, 2,755 14 do do 1st May, 1804, 1,058 97J do do 1st May, 1805, 2,817 10 do do 1st Aug. 1806, 9,472 77 do do 1st Aug., 1807, 2,589 do do 1st Aug., 1808, 619 do do 1st Aug., 1809, 54249 do do 1st May, 1810, 97 01 do do 1st Sep. 1811, 2,382 02 $47,971 63 Cost of lands for sites. 1796, June 23, Joseph C. Yates for land,. . $3,250 00 1805, July 22, A. S. Vrooman do . . 2,648 75 Nov. 5, John Empire do . . 37 50 Nov. 14, John Steers do .. 50000 1806, May 9, John Corl, do .. 80000 1807, May 29, A. Mabie, do . . 150 00 1811 and 1812, May 29, Jesse DeGroff . . 1,204 95 Nov. 18, heirs of A. Mabie, 493 87 ~ 9,085 07J Making total cost buildings and sites in 1812,. . $59,056 70 \ No. 41.] 159 Grants from the Legislature received by Union College for erection and completion of the above buildings, are as follows, viz : 1796, Aug. 22, from State of New- York towards the erection of college edifices, $10,000 00 1801, Aug. 28, from State of New- York towards completing college edifices,. . 10,000 00 1810, Sept. 26, from State of New- York for erecting additional edifices, 20,000 00 being lotte- 1811, Sept. 26, from State of New- York ry grant,act for erecting additional edifices, 1 5,000 00 30 M'h, '05. $55,000 00 The above college buildings and grounds (or some portion of the grounds), were sold to the city of Schenectady for a Court House, by the trustees of Union College, by deed, bearing date 15th Dec., 1812, for about 3,000 acres common lands. There has been received by the trustees of Union College for the proceeds of the above lands, ....... $35,623 36 There is remaining due for principal to the trustees of above lands, ....... 5,098 70 ---- $40,722 06 There has been received by the trustees for interest on above sales and rent of same, .............. 38,044 73 J $78,766 The trustees have also received for sales of a portion of the original college sites, as follows : 1813, June 3, from Robert Leant, .................. $1 ,300 00 June 3, from Utica & Schenectady Railroad Co., in 1835, 1836 and 1839, ................... 2,500 00 June 3, from Peter Barker, 31st Dec., 1836, ($4,450 now due on mortgage), ............. 7,500 00 June 3, from Joseph Horsefall, 20th Sep., 1841,. 2,000 00 June 3, from Commissioners for canal damages,. 1,100 00 $14,400 00 160 [SENATE Recapitulation. Amount reeceived from State of New- York grants,. $55,000 00 Amount received from sales of lands received' in exchange for original buildings and grounds, .... 78,766 79 J Amount received from sales of portions of grounds, 14,400 00 $148,166 Cost of original buildings and grounds as above, $57,056 70 Repurchasing buildings and grounds 27th Dec., 1836, from city and county of Schenectady, 11,500 00 For lands purchased since 1812, for additional grounds, $1,459. 21, and buildings $68.04, ' 1,527 25 70,083 95J Gain besides buildings and grounds, $78,082 84 STATEMENT No. 31. A statement showing the cost of the new (present) College buildings and grounds. There was expended for buildings from the 3d Sept., 1818 to 9th July, 1812, $16,494 69 do do do do do do do $105,973 38 There was expended from 1812 to 1845 for lands pur- chased for new college sites, irrespective of inter- est, $38,961 97 There has been received for lands sold, included in the above amount of pur- chases, irrespective of interest, 38,031 16 930 81 Total cost buildings and grounds 1st Jan., 1833, ir- respective of interest, $106,904 do 5th Oct., 1814, 47,440 23 do 1st April, 1815, 12,326 31 do 1st Oct., 1815, 11,290 45 do 1st Oct., 1816, 8,441 85 do 1st Oct., 1817, 4,456 58 do 1st Oct., 1818, 1,715 63 do 1st Jan., 1820, 3,807 64 | Senate No. 41. | 11 162 [SENATE STATEMENT No. 31. (CONTINUED.) There has been received from legislative grants towards the erection of the new college buildings, by trustees of Union Col- lege, viz : (Act 13th April, 1814, amended 5th April, 1822.) 1819, July 8, -cash from Comptrol- ler State of N. Y., $14,823 00 1820, Jan. 19, do 19,00000 June 16, do 1,505 15 1821, April 3, do 6,67185 1823, May 31, Yates & Mclntyre, 4,450 60 July 30, do 5,365 30 Aug. 2, do 4,000 00 Oct. 18, do 9,163 00 Dec. 11, do .' 11,66200 1824, Jan. 22, do 8,330 00 M'ch29, do 14,54350 July 4, do 5,311 00 Sept. 1, do 17,598 60 1825,Ap'113, do 19,57600 $142,000 00 No. 41.] 163 S co f s 1 I s ! | * 100*00 ~f^* O CO t- Ol CO O rHCO THCO o co Jr~ o o (Mi>> i < ^ O O O G^-$> 35^ 95'fi-a 4 3 < i5 ^ a> ^^g a |S|^ %sZM^ ^^ ^li^ - I >< s M^ d S-s-8^ Ss ,0^.^^ g'S 1 1 g|S|||||s a . a, a *s a ^3 e5 is * - 8 164 [SENATE 88 1 . a 1 T Jz; w w I J i fc^ s &.S O o it a j* :;* 13 % ' eg ca o. ! PH g ^ X 5^1 li^ o ~ S III I4f g g l ^vw^ No. 41.] 8 oo 165 S A - Is tf J2J 4J o o O o 166 [SENATE a c* ^ " I s co s po r^ i . g g 5 c' 5 'S g -H c I rt- 1 1 en <-4 Q p . 1 ^ ^ ^ ^ & -2 1 oi ' rgc; 1 ^ [NUED. o 1 8 <2 **3 -^ 3 _ s* ^ 1 1 ' "o "*~ M 1 o 1 3 .2 f w i 1 pq ,0 "~3 'o o c ** %<^. / PH 1 H g W H r-H Tt O rH 00 O O O 00 >O O Ci "* >0 CO i-H rH CO O O CO rH CO O CO fe^pt; "> p ^1 S MQ ^ II II III . Sow & e -28 ll s& 00 . 00 t*> . OO s irlii s : wn s No. 41.1 167 8 to fl 1 rt PH 'S a 'C a* STATEMENT No. 33. Statement of amount of payments made by Yates Mclntyre to E. Nott, under their stipulation of May 31s, 1826, to pay 6.31 per cent on the gross amount of money prizes^ and afterwards modi- fied to 5 per cent-) being exclusive and above the agreements to pay 8J per cent and 2J per cent, designated as College and President fund including amounts paid by Union College to E. Nott for lottery claims. 1829. Sept. 5. To paid draft of E. Nott, $662 42 15. do 1,895 71 25. do 2,373 78 50. To paid draft say note of Geo. Clark, due 6th July, 1831, and interest, 2,550 34 $7,432 25 Oct. 5. To paid draft of E. Nott, 1 ,705 26 23. do 1,402 18 3,107 44 Nov. 6. do 2,267 18 13. do 1,558 51 27. do 2,105 46 5,931 15 Dec. 5. do 1,529 48 19. do 3,199 42 26. do 2,003 43 6,732 32 1830. Jan. 15. do 3,763 03 15. do 2,182 38 23. do 1,998 67 7,945 08 Feb'y 6. do 2,770 40 11. do 1,773 69 4,544 09 Carried forwaid, No. 41.] 169 STATEMENT No. 33. (CONTINUED.) JtUVUgU* . March 12. P 20. 31. April 8. 16. 29. May 5. 15. 22. 29. June 10. 19. 26. July 2. 16. 24. 31. 9. Aug. 9, 16. 23.* 30. Sept. 4. 11. 18. 25. Oct. 2. 9. 16. 23. 30. Carried 'd draft of E> Nott, ..$1,014 34 6,098 56 7,116 97 11,640 17 5,835 48 7,260 66 1,913 38 6,300 38 6,120 33 6,428 22 do .... 1,995 73 v do .... .... 3,088 49 do .... 2,269 14 do 2,424 22 do .... 2,223 61 do " , 1,955 40 do .... ... 2,681 56 do .... 4,037 01 do ... 2,966 20 do .... 1,837 66 do 2,322 58 do .... 1,675 24 do .... 1,940 89 do 2,165 78 do .... 1,393 63 do .... 1,760 36 do do .... 1,150 70 do .... 1,974 15 do .... 1,763 13 do 1,412 40 do 1,507 10 do 1,907 70 do ... 1,430 80 do 1,274 73 do .... 1,432 35 do 1,203 92 do 1,186 68 do .... 1,146 60 do .... 1,1 48 67 . i 1 T Ho. 33 (Goarrnran.) : MOT. 6. To p'd draft cTRJfott 1,02720 13. do 2,154 45 20. do 1,690 60 27. do 1,505 50 e.;r. C5 2^443 40 Dec. 10. do 3,936 45 17. do 1,610 95 25. do 1,458 95 25. do 1,838 72 8^45 07 1831. Mkf 28. do 1,33925 June 8. do 1,43350 11. do 1,284 60 18. do 2^09 30 25. do 1,667 85 6,795 25 Julj 2. do 1,401 45 9. do 1,899 60 16. do 1^68 30 23. do 1,965 50 30. do 166 10 . 7,900 95 Aug. 6. do 2^21 25 16. do 1,430 50 20. do 1,430 35 26. do 1,423 45 6,405 55 2. do 1.665 85 9. do 1,365 70 16. do 4,692 00 23. do 1,540 40 30. do 1,402 2fr 10^66 20 Carried forward, $ No. 41.] 171 STATEMEFT No. 1 draft of E. Nott, do ....$1,027 40 .... 1,301 55 do .... 1,469 60 do 2,400 40 do 1,523 85 do 1,450 05 do .... 1,392 80 do 2,065 90 do .... .... 1,472 10 do 1,450 25 do .... 1,316 21 do 4,926 11 do 1,672 95 do 1,559 25 do 1,358 16 do .... 2,101 75 do .... ... 1,683 95 do .... 1,479 30 do 1,292 40 do .... 2,325 40 do .... 1,434 30 do .... 1,212 35 do 1,061 45 do 2,017 50 do .... .... 1,347 55 do 1,246 15 do .... 1,094 45 do . ... 1,637 30 Oct. 10. 19. 21. 28. 6,198 9fr Nov. 4. 5. 22. 4,366 70 Dec. 2. 4. 23. 27. 11,230 57 1832. Jan. 5. 6. 13. 20. 27. 8,376 06 Feb. 3. 10. 17. 22. 40 March 2. 9. 16. 23. 30 6,885 00 April 6. 13. Carried forward, I 172 [SENATE STATEMENT No. 23. (CONTINUED.) Brought forward, $ April 21. To paid draft of E. Nott, $>1,429 75 27. do 1,113 35 $5,274 85 Total from Yates & Mclntyre, 1 92 , 1 99 94 1848. Sept. 1. To amount from Union Col- lege, ballance your lottery claim, |46,649 85 1853. Jan. 1 . To amount from Union Col- lege, ballance of Yates, Mc- Intyre, Ely & Mclntyre,. .$61,037 59 107,687 44 $299,887 38 STATEMENT No. 34. Showing the several purchases made by Union College jrcm the insti- tutions interested in the lottery grants, under the ticls of April 1 3 and 15, 1814. Amended 5th April, 1822. 1822 April 9. Purchase from trustees of Hamilton College was made for, 33,354 00 In this sale by Hamilton College they reserved their pro ratio share in the savings which should arise out of the 2J per cent for supervision and man- agement, and which is familiarly known as the President's fund, for which performance the trustees of Hamilton College received the bond of the trustees of Union College. The payments on the above purchase are as, viz : For principal as of the 9th April, 1822, $33,354, and interest, $1,570.87. Say on acc't principal as follows : 1822 Oct. 12. Tocash, $5,00000 Nov. 12. do 10,00000 1823 Feb. 3. do 5,00000 June 2. do 6,60000 Aug. 3. do 6,75400 $33,354 00 N. B. The 3 first payments as above were loaned from and paid by W. James, and subsequently paid by Union College to Mr. James. 1822. April 30. Purchase from trustees College Phy- sicians and Surgeons in the city of New- York, was made upon the following terms : 1. The trustees of Union College to pay on the 1st January, 1823, with interest from 30th April, 1822...... $10,558 94 2. To covenant to pay the int., on $20,000 due from College Physicians and Surgeons to A. H. Law- Carried forward, $33,354 00 174 [SENATE STATEMENT No. 34. (CONTINUED.) Brought forward, $33,354 00 rence, after 4 y's from 30th April, 1822, as well as the principal of the $20,000. Say $20 ,000 00 The payments made by Union College on the pur- chase from College Physicians and Surgeons, are as follows: For principal, $30,558.94, and inter- est from 30th April, 1822,$<.92.74. Say on acc't principal : 1822. Dec. 14. To cash, .'. $737 07 18. do .._ 2,436 33 June 2. do .. 7,385 54 1827. May 25. To payment to A.H.Law- rence, assumed by Yates Mclntyre, and the amount credited them for said payment in settlement, ............ $20,000 00 $30,558 94 Purchase from Asbury African church, in New- York, was paid as follows, with $70.00 interest : 1822. July 8. To cash, ... $1 ,600 00 1823. Jan. 2. To cash, 1,819 00 $3,419 00 Purchase from New-York Historical society, in New- York, for their grant of $12,000, was paid as fol- lows, with $311 for interest: 1823. July 30. To cash, $3,0004)0 1824. June 17. To cash draft on Yates & Mclntyre 5,000 00 8,000 00 $75,331 94 Less credit, 606 00 $74,725 94 1823. Jan. 9. By cash from Comptroller, being pro- ceeds of lotteries, due College Physicians and Surgeons, acquired by Union College, under sale of 30th April, 1822, $606 00 17G | SENATE 03 *- W > H r< <5 hn W K " H ^ H 2 fc -^ W a 5 d 02 o ^ fc a 00 ST AT ** o o GO i>- <*< i i re N e-i r-i co T- T-H o Td c CN oo-oo CN o -* co i- o : S-f -f 'O o . i CN CN s<> i i r-i iOr-^ 1~ r^ <*! CO * O O t-OO C O .'J i i O> 1~- O CT. i l G CO ** co o ^ >O t~ O ^C^i^ ~- O '-O O O 0^1^. 00 CN O rJIO tf> COCO iOr-IOi5O O -^ OiOOi O 1-^ -^ CO Ci o >-H O CO CO i i i 1 (M <0 CO 05 0*^ ec ^ i Ob O1>-O O d 1 COOC^iOC^l^ ir-r-ii^ eo CO O< OOo o o o o """' rH l-H "^l-H O '"'i isiooooe JKO. 41 .J 177 0D t-i^0 W - C^OS OO iftiH o t- 000 OS co oo e^> iO T!< CO So w oo eoo >O OO O O OO O > i.'- lO lO O t- CO CO \ \ \ 6 ^ a IO Q} 5^ w * S 2- U 1* ^44i8^M 3 **V.V\*\>\*V.Vj, \, co T-( T ( co iLliS ^ TO r~* ^ 51 II fft'8 ff 2 "s -2 I Iff o 3 s 8 f g] t*H "^ tt ~ t Hi! [Senate, No. 41. o _oo .53 <^ ^3 co 12 ecooco tocooto COiOOCO r-iC<7OO eoococo eoco 9$; b OS CO 1 oooooooo o co ^ lOOiOOOtoOkT) o c-5 . ( cs I CO C-OOOiOOt-NCOC^COCO(N'OOO T*i>- CO J>. rH i~ 05 CO CO 0 -<* CO i- CO CO CS rH r-i r-l C* r~ i I i 1 i ti 1 rH ,-, r-i M m -lei C* S oS i> i2 1~ j i? coco^coco SolSS^S fc s SSSsSSssiSSSSiSlSSiSSS ** ^ I : : : i i : : ig i i : : : i : : : : :g : : : ^ ^ ! ^oooooo^oooooo ooo oo^o^^ 0,00000 p; tt PQ oq *a5 M * cq s;' M'K cc w w ^a w "n M P; P; = bC P CO S| a H CO CO CO CO CO rH r-l rH rH rH t-O-OOT-HTftOSt-OOCOCt i l(M^-c- CC CO ^ C^CSOO(M^OCCCOOcC5i>.0 ^ oooooooooooooooo ^^^5HHH-HHHHHHH r^Ov, CO-^Oiv. rHr-COCOOCOOOfO 4 COCO^r-'rHCSv- rHrH r-l--rH CO ^"S^^S^rt^ g'd'E, =""S J{ S ^ O O vO O ooo ^* I-H O Wi O O O iO Oi iO C4 C* rH i-H CO r-l ^H CM i O3* ^^ 3 : : : : : is..::. I 1 **** S ^J ^ : : : : : .53 . : i : . i ca * 'S ^.^ ' "E t* 1 a ^ i ' ^ rjj O O O ooo'^ ^r I i-lT s-t A .3 -^ ^ M T3 *S - cS _ ^ rCj c o*^ i-T 1 o o o o O O O CO S 00 ^ TJ "DJ j^^ 1 " 1 {i. rH W pq pq co ^ 00 ^ ^i 00 rH Oi rn CM C^ CO -! CO O I-H 6 "S Oi C 5 i-H fc 9 co S* a 5 * 55> ^p fe O ^a fc" H<1 ^^ % o o- CO O o o CO ^}^ ^^ f^ J* H (?l O t* O CO ^ o TH CO J> r-t H Sr CO CO ^H J i 1 00 No. 41.] 181 i-i 00 ^ CO ^H 00 O OS Oi O o o t^ CO t- o 00 C* a CO CO O A r ~ l rC \ C, ) ) 1 I 1 > frt ** 3 P 3 3 O ^ fl ) 3 O C j ^ C. ) r- &** ^ | WP: \ 0* , c* 1O 00 -Q I 1 ^ PH CO C5 oc Oi O^ Ci o CJ rH CO O CO O Ci CO oc 1> l> CO CO m t* Oi CO l> O 00 C-l 00 c: r-H Ci \r: ^ -( ^ H CO CO & s ^ & t CO Tt< O Tt< lO O CO C^ CO ^ CO O iO r-T CO^ ^H * == ^^ ^ * 1 4-a CO Q-t co 1 c3 r^J _^ ^ C3 .5 '5 "3 1 2 I o o H H e *8 CO I 182 88888 8|| 8888888 IO ^ rH O> 11 r ~ ( _-i llll CO GO r-5 01 rH r4 r 1 r 1 i( "I i C^ -< CO O t- 00 rH 00 CO 00 tr** Oi ^ ^ 10 bD n gjf 'S o *2 eS " fl rt O HH O fl *-* O o 'O'd r-i ^ O oo CO . oo jq gd CO a No. 41.] 187 r-i J> 00 CO Tf 1 C^ 00 05 O O CO GO CO i-H I < Tf t* iO o 00 CO 00 t C^ T i CO TH GJ^ o SO 1> CO 00 o o o Tt 1 Tj< ^ c< c^> t> 1-H y . . *** 1 4- i 1 eS 'o 3 'y a CH g 1 H pO R -4 CO * s e> 8 cS .0^ o g Q^ ^ li i ^j CO i-H rH I-H h ?5Jf*iS * K! 30 S fe-8 ^^0 05 CO c3 * rt g Q COxOCOC^^^OiG^COr-i G^t OO 00 OS OS OS O O ^ oooooooooooososo CO < CO CO 00 Q GO Q OO ^ jn ^ a ^ r <& x -*- 1 ^ ** m ** CO S CD !8s-sa 5* S S ' B o S ^-2^= g ^j^3 ^-2| - a v> c '^S8| Ifslg- B'*S > ?H n. !,> CO CO It^I-S ^03^^ CO == 10 2 a > 5 a: O ^3 ^ O 3 0? c * ic- 2 - w UJ .^ .S STATEMENT No. 41. Alexander Holland for either improperly crediting your account as treasurer, with $800 00 paid yourself as register, or an omis- sion to credit the College with the same on your account as register. 1847. Sept. 9. To cash charged in j^our account as treasurer, for a payment made to yourself as register, for account buildings and site, and omitted in your account as register to be credited the College on your book, as register, $600 00 1848. May 16. To cash charged as ^above, in same manner and form, 200 00 $800 00 If the above payments were made by you as treasurer, then your account as register should be charged. STATEMENT No. 42. Loan of the notes of the treasurer of Union College to E. Nott. 1835. Dec. 29. Mem. Have drawn a note as treasurer, at 60 days from this day of January, 1836, for twenty thousand dollars, payable to Eliphalet Nott, which amount is to redeem the Mohawk bank stock pledged to the New-York Life & Trus Co., on the 6th Nov. last. Said note to be met at maturity by Doct. Nott. 3836. Feb. 22. Mem. Have this day renewed the note for $20,000 which I drew as treasurer on the 29th December last, his note at maturity must be met by Doct. Eliphalet Nott. 1836. May 6. Mem. Have under date of yesterday, renewed for the 2d time the $20,000 note of 29th December last, which note at maturity must be met by Doct. Eliphalet Nott. (Jonas Holland was treasurer from 1833 to 1839.) STATE OF NEW- YORK, ? City and County of Albany ^ ) The undersigned, accountant, acting under authority of the appointment of the commission, appointed by the resolutions adopted by the Honorable the Senate on the 12th of April, 1851, on the 28th June, 1851, on the 3d July, 1851, and on the 28th February, 1852, to examine the pecuniary affairs of Union Col- lege, being duly sworn, doth depose and say, that the foregoing accounts have been carefully prepared by him from the books of account and fund books of said college, as they were when deliv- ered to him, and from the vouchers therein referred to, and that the said accounts now presented are true and correct statements of the pecuniary affairs of Union College, on the 1st day of January, 1853, to the best of his knowledge and belief, and further this deponent saith not. LEVINUS VANDERHEYDEN. Subscribed and sworn to before me, this 1st day of March, 1853. CHARLES A. MOTT, Commissioner of Deeds. APPENDIX, LEGISLATIVE ACTS IN RELATION TO UNION COLLEGE. Jin act passed 9th April, 1795. Jlnd be it further enacted, That the Treasurer shall, out of any moneys in the Treasury not appropriated and not arising from the interest of any moneys loaned by this State, pay unto the trustees of Union college, in the town of Schenectady, or to their order, fifteen hundred pounds, as a free and voluntary gift on the part of the people of this State, to be by them applied to the purchase of an apparatus of instruments and machines for illustrating lec- tures in astronomy, geography and natural philosophy; and the residue, if any, to be applied to the purchase of such books for the use of the said college, as the trustees may think proper. An act passed \\th April, 1796. And be it further enacted. That the Treasurer of the State be, and he is hereby directed and authorized to pay out of any moneys in the treasury not otherwise appropriated, to the trustees of Union college, or their order, the sum of four thousand pounds, to be expended by them in erecting such buildings as in their opinion are necessary for the use of said college, for which the said trustees shall account with the Auditor of this State. An act passed 30/A March, 1797. And be it further enacted, That the Treasurer shall annually for two years, unless otherwise directed by the Legislature, pay to the trustees of Union college, or their order, out of any moneys not otherwise appropriated, seven hundred and fifty dollars, for pay- ing the salaries of such additional professors in said college as the said trustees shall appoint. 192 [SENATE Jin act passed 1th March, 1800. Be it enacted by the People of the State of JVew- York, represented in Senate and Assembly, That the sum of ten thousand dollars be, and the same is hereby given to the trustees of Union college, of the town of Schenectady, for the purpose of completing the col- lege edifice, which the said trustees have raised in said town and of establishing an adequate and permanent fund for the support of such professorships as are or may be instituted in said college. And be it further e?iacted, That it shall be lawful for the said trustees to borrow the said sum on the credit of the State, at an interest not exceeding seven per cent per annum, and that the Legislature will, within ten years, make provision for the repay- ment of the money so borrowed, together with the interest that shall have accrued thereon. And be it further enacted, That it shall be lawful for the said trustees, on or before the first day of July next, to make their se- lection by writing, under their common seal, of ten of the lots reserved for promoting literature in this State, in and by the act entitled an act to appropriate the lands set apart to the use of the troops of the line of this State, lately serving in the army of the United States, and for other purposes therein mentioned, passed 28th February, 1789, and to file such election in the office of the Secretary of this State ; and it shall be the duty of the Commissioners of the land office to direct letters patent to be pre- pared and granted to the said trustees and their successors for the lots of land to be so elected. Provided, however, that the moneys to be derived from the sale of the lands hereby granted, in case they shall be sold, shall be invested in public or bank stock, or put out on interest on real security, and the revenue thereof shall forever hereafter be appropriated to the support of the president and professors of the said college. Jin act passed 8th April, 1801. And be it further enacted, That it shall be lawful for the Re- gents of the University to grant and convey to the trustees of Union college and Columbia college, and their successors, all the lands which are now vested in the Regents, situate at Crown No. 41.] 193 Point, Ticonderoga and Lake George, in such proportion as the Regents shall deem just and reasonable for the use of said colle- ges, respectively. An act passed April 3, 1802. Be, it enacted by the People of the State of New- York represented in Senate and Assembly, That the said Regents of the University, and their successors, shall be and hereby are vested with the seasin and possession of the lands hereafter described belonging to the people of this State, that is to say, a certain tract of land in the county of Washington, adjoining the south end of Lake George, beginning on the east shore of the said lake where the westerly bounds of a tract of two thousand acres granted by let- ters patent to William Hough ton strikes *he same ; and thence along the said Hough ton's tract southerly and westerly to the north-west corner thereof ; then with a straight line to the most westerly corner of a tract of 200 acres granted by letters patent to John Jones ; then along the southerly bounds thereof to Lake George ; and then along the same southerly, easterly and north- erly, to the place of beginning ; containing one thousand seven hundred and twenty-four acres of lands ; and the former grant to the said Regents, so far as the same included lands not herein described shall be void. And be it further enacted, That it shall be lawful for the said Regents to grant and convey to the trustees of Columbia and Union colleges, and their successors, the lands above described, together with the lands at Ticonderoga and Crown Point, already invested in the said Regents, in such proportions as they shall deem just and reasonable, for the use of the said colleges re- spectively. An act passed 30/A March, 1805. Beit enacted by the People of the State of New-York represented in Senate and Assembly, That their shall be raised by four succes- sive lotteries, the sum of eighty thousand dollars, that is to say, the sum of twenty thousand dollars by each lottery, with an addition of ten per cent on such sum for the expenses accruing thereon. [Senate, No. 41. J 13 194 [SENATE And be it further enacted. That the managers aforesaid, after thed rawing of each of the said lotteries, shall forthwith pay to the trustees of Union college aforesaid, the nett amount of avails thereof after deducting therefrom the reasonable expenses for drawing and conducting the same, the amount whereof to be audited and allowed by the Comptroller of this State. And be it further enacted. That it shall and may be lawful for the said trustees to apply a sum not exceeding thirty-five thou- sand dollars of the said moneys so by them to be received towards the erection of such additional edifices for the accommodation of the students in the said college, as they shall deem proper. And be it farther enacted. That the said trustees shall, and they are hereby directed and required to cause the sum of thirty-five thousand dollars, as soon as may be after the same shall be re- ceived, to be placed at interest on approved landed security, or to be invested in public stocks in such manner as they, the said trus- tees, by and with the consent and approbation of the persons ad- ministering the government of this state for the time being, or the chancellor of this state for the time being, to be signified in wri- ting under their hands, shall think fit, so as that the interest thereof shall be payable annually. And be it further enacted, That the annual income which shall accrue from the said sum of $35,000 shall forever hereafter be applied solely and exclusively for the support of such professor- ships as are or may be instituted in the said college ; and that it shall not be lawful for the said trustees, or their successors, at any time forever hereafter to lessen the said principal sum of $35,000 r or appropriate the same or any part thereof to or for any use or purpose whatsoever ; and the said trustees shall annually exhibit to the legislature a just, true and circumstantial account of their proceedings in relation to the disposition and application of the interest that shall accrue from the said principal sum of $35,000, and how the said principal sum is invested, or to whom, and on what security placed at interest. A'ld be it further enacted, That the said trustees shall, and they are h reby required to cause the residue of the moneys arising No. 41.] 195 from said lotteries to be vested in the same manner as aforesaid, on the same conditions and under the same restrictions, one-half of the avails of which to be laid out by the trustees in establish- ing and maintaining forever a classical library, from which libra- ry all the students in the seminary shall be furnished with the books which they are required to study, subject to such regulations as the board of trustees shall prescribe, paying for the same one dollar and fifty cents per quarter. And be it further enacted, That the remaining half of the avails of the residue above mentioned shall be forever appropriated towards defraying the expenses of such indigent scholars as may be, from time to time, pursuing their education in said seminary. An act passed 4th April, 1806. And be it farther enacted, That the comptroller is hereby au- thorized and required to borrow on the credit of this state from the bank of New- York the sum of fifteen thousand dollars and to loan the same to the trustees of Union college, at an inteiest of six per cent per annum, which said sum of $1 5,000, together with the interest thereon, shall be paid into the treasury of this state by the managers of the lotteries, appointed by the act entitled "An act for the endowment of Union college out of the first avails of lot- teries, to be drawn in pursuance of the said act ;" and as a fur- ther security the said corporation shall cause a bond to be given to the people of the state of New-York, under their common seal for the money so, as aforesaid, loaned. AN ACT authorizing the Trustees of Union College to invest the moneys heretofore granted to them by this State, in the capital stock of the Mohawk Sank. Passed February llth, 1811. Whereas, The Legislature by laws heretofore passed have made provisions for the support of indigent students, as well as for the establishment of a classical library and the . maintenance of pro- fessors in Union College. Therefore, Be it enacted by the People of the State of New -York repre- sented in Senate and Assembly, That it shall and may be lawful for the trustees of said College to subscribe the moneys arising 196 [SENATE from grants heretofore made to them in the capital stock of the Mohawk Bank, provided the consent of the 'directors of said bank can be obtained, in which case the capital stock of the said bank shall be and hereby is increased to the amount in value of the shares so subscribed by the Trustees of Union College. AN ACT instituting a Lottery for the promoting of Literature, and for other purposes. Passed April 13th, 1814. Be it enacted by the People of the State of New- York represen- ted in Senate and Assembly, that there shall be raised by lottery in successive classes, a sum equal in amount to the several appro- priations made by this act, together with the simple interest ac- cruing thereon, till the same shall be raised and paid by the managers appointed to superintend the same. Provided, howev- er, that this provision for the payment of interest shall not extend to interest which may accrue on either of the provisions contain- ed in this act for more than six years from the time of passing the same. And be it further enacted. That one hundred thousand dollars be appropriated, to be paid out of the avails of the said lottery, in manner aforesaid, towards the completion of the edifices already commenced by the Trustees of Union College, and for the erec- tion of such other edifices as may by them be deemed requisite. And be it further enacted, That thirty thousand dollars be ap- propriated as aforesaid for the purpose of paying a debt already contracted by the said trustees. And be it further enacted, That twenty thousand dollars be ap propriated as aforesaid for the purpose of increasing the library, and also the philosophical and chemical apparatus belonging to said institution. And be it further enacted, That the sum of fifty thousand dol- lars be appropriated to augment the small charity fund heretofore granted by the Legislature of this State, the same to be invested by the Trustees of Union College, and the avails thereof to re- No. 41.] 197 main forever sacred to the relief of indigent students while pro- secuting their studies in said institution. And be it further enacted, That the sum of forty thousand dollars be paid to the Trustees of Hamilton College, to be by them ap- plied as the interest of said college may require. And be it farther enacted, That four thousand dollars be appro- priated to the Minister and Trustees of the Asbury African Church in the city of New- York, for the purpose of enabling them to discharge a debt contracted in the purchase of their church, and to establish a school under their direction. And be it further enacted, That thirty thousand dollars be ap- propriated as aforesaid to the College of Physicians and Surgeons in the city of 'New-York, for the endowment of said College. AN ACT to Limit the continuance of Lotteries. Passed April 5, 1822. Whereas the public institutions to which grants were made ori- ginally in the lottery instituted April 13, 1814, for the promo- tion of literature have already suffered materially by delay in drawing the same. And whereas it is believed that said lottery might be managed with greater economy and less hazard, by the institutions interested in its success, than it has hitherto been or can hereafter be by the State. And whereas all that could be thus saved by greater economy in the management of said lottery would go to diminish the loss of said institutions. And whereas by such an arrangement, the State would be released from the hazard of future losses. Therefore Be it enacted by the People of the State ofNew-York } represented in Senate and Assembly, That it shall and may be lawful for said institutions to assume conjointly, or to appoint one of their num- ber to assume the supervision and direction of said lottery, and from time to time appoint such and so many managers thereof and other agents for the conducting of the same, as to them may seem proper, and the said managers and agents or any of them from time to time to remove at their pleasure, anjd others in their stead to appoint, and to make such contracts in relation to the said lottery, and to take such security for the fulfillment of such contracts as to th?m shall from time to time seem proper and 198 [SENATE reasonable, and to direct the time and manner of drawing the said lottery, and the sum to be raised by each class thereof, and to adopt such schemes as may be proper in relation thereto, and to receive the avails, and hazard the losses, and be responsible for the payment of the prizes of said lottery, for a limited time, in lieu of, and as an equivalent for the several specific grants to them therein made. Provided they will except thereof for any limited time less than the time in which the state can raise and pay such grants, at the rate moneys have hitherto been raised and paid, or can in the judgment of the comptroller be calculated with safety to the State to be hereafter raised and paid, which time shall be determined by that officer from the facts and infor- mation in his possession, and a certificate thereof filed in the office of the Secretary of this State immediately after the passing of this act. " And be it further enacted, That whenever said institutions shall have severally accepted in writing of the provisions contained in this act, in lieu of and as an equivalent for the grants to tharn se- verally made in said lottery, and shall each of them have filed each acceptance in the office of the Secretary of this State, it shall be lawful for them to assume the management thereof. Provided however, Jind be it further enact ed, That from the time such ac- ceptance is filed, the State shall be absolved from all responsibility to provide for any loss or losses that may occur on any future lass or classes of said lottery, and also from all obligation to pay any prize ticket or prize tickets, drawn therein, out of any mo- neys belonging to the people of this State. J3nd be it farther enacted. That the provisions contained in the act relative to lotteries passed April 13th, 1819, from the 9th to the 31st sections thereof inclusive, shall not be considered as ap- plicable to lottery managers or agents of said institutions, ap- pointed under this act, except so far as the said institutions shall deem it to adopt and apply the same. Jlnd be it further enacted, That before it shall be lawful for any manager or agent acting under the authority of said institutions to offer the ticket of any class of said lottery for sale, he shall enter into a bond to the amount now required of lottery mana- gers with the people of this State with sureties to the satisfaction No. 41.] 199 of the Comptroller, conditioned for the faithful payment of all prize tickets by him signed when duly presented, and in case of failure or refusal, the Comptroller shall on proof being made to him thereof deliver such bond to the Attorney General for collec- tion, and on recovery shall pay from the avail thereof said prize tickets if presented within the time limited by him. And whereas, the objects of this act is not to increase the grants made to the said institutions but to contract with them for the assuming the responsibility and running the hazard and taking the management of the literature lottery and thus to place them in a situation to save, in all future classes of said lottery , by more prudent contracts and more careful management, whatever can be saved out of that indefinite amount that is liable, on the present plan of conducting said lottery, to be raised and absorbed by the recurrence of losses and the payment of managers therefor. And be it enacted, That the annual average amount of tickets, according to their scheme price in all lotteries hereafter to be drawn under that act, during the term of years, fixed by the Comptroller shall not exceed the annual average amount of tick- ets, according to their scheme price already drawn within this State during the five years immediately preeding the first day of January, 1822, which amount of tickets shall be ascertained by the Comptroller, and a certificate thereof filed in the office of the Secretary's office, and said institution shall furnish the Comp- troller a certified copy of the amount of tickets at their scheme price in all classes hereafter to be drawn, that the same may be also filed in the office of Secretary of State, and so soon as* the whole amount of tickets at their scheme price, authorized by this act shall have been sold and drawn, the authority herein granted to said institutions shall cease, though the time fixed by the Comptroller in his certificate may not have expired. And be it further enacted, That said institutions shall apply the avails of said lottery (after deducting the expenses of man- aging the same) pro rato, according to the provisions of the original act, in which said grants were made and make report thereof annually, to the Regents of the University as said act directed. 200 [SENATE And be it further enacted. That if said institution shall accept of the provisions of this act, and in that case it shall be their duty to raise and pay the grant made by lottery to the Historical Society in the same proportions as the other grants are raised and paid, and in consideration thereof, the limitation of time con- tained in the first enacting clause of this act shall be proportion- ally extended. (Session Laws 1822, No. 45, page Contract with Yates fy Mclntyre for Lottery Grants belonging to Union College and the other institution':. Whereas, by an act of the Legislature of this State, entitled " An act to limit the continuance of lotteries, passed April 5th, 1822, certain powers were vested in the several public institutions interested in the lottery, instituted for the promotion of literature, on their acceptance of said act ; and whereas certain of said insti- tutions have empowered the trustees of Union College to act in their behalf in accepting and executing the provisions of said act; and whereas the other institutions may empower the said trustees of Union College to perform in behalf of said institutions the same acts. Now, therefore, in case all the requisite powers vesting in said institutions, jointly on their acceptance of the conditions of said act, shall become vested in the trustees of Union College, so as to enable them legally to act in the premises. This indenture, made the twenty-ninth day of July, in the year of our Lord one thousand eight hundred and twenty-two, "between the said trustees of Union College, in their own behalf, and in behalf of the other institution?, for which they are now or may hereafter be author- ized to act, of the first part, and Archibald Mclntyre and John B. Yates of the second part, witnesseth, that the party of the second part, for and in consideration of the sum of two hundred and seventy-six thousand and ninety dollars and fourteen cents, to them in hand paid, or secured -t^ be paid, with interest annually; and also, in consideration of the covenants herein contained, doth covenant and agree to transfer to the party of the second part, all the right and title of the said party of the first part in their own right, as legally representing the aforesaid institutions in and to the whole amount of tickets, at their scheme price, authorized to be sold by virtue of the act aforesaid. And the said party of the No. 41.] 201 second part, for and in consideration of the covenants herein con- tained, doth covenant and agree, in addition to the amount paid, or secured to be paid as aforesaid, to pay all printing, to provide and sign all tickets, and to furnish a well lighted room for draw- ing the same ; and also, to pay after the drawing of each class, all the prize tickets -that shall have been drawn therein, whenever the same shall be duly presented for payment pursuant to legal provision and their own contract with the holders or owners thereof. And whereas tickets have been sold in preceding lot- teries at an exorbitant profit, the said party of the second part stipulate not to sell any tickets acquired by virtue of this con- tract, at more than twenty two per centum advance on the scheme price, unless by the consent of the President of Union College, or the board of managers, by him appointed, until within four days of the drawing of the class in which such tickets are contained; and whenever tickets shall have been selling for more than fouE days at any greater advance, such class shall be forthwith drawn. And the said party of the second part further covenant not to sell the tickets in any class unless it be for cash, without the con- sent of the treasurer of Union College, to be deposited when received by them in some bank or banks in a separate account, . and not to be redrawn therefrom unless by consent as aforesaid except for the purpose of fulfilling this contract, and till the same is fulfilled so far as relates to each class successively. And the said party of the second part further covenant, that they will at all times give to the treasurer of Union College an opportunity to examine their lottery accounts, and such other information rela- tive to their, situation as shall be deemed necessary to enable him to form his judgment in relation to the continued responsibility of the said party of the second part, and the sufficiency of their security for fulfilling this contract; and if the security given shall be deemed insufficient after any such examination, other security to the satisfaction of the treasurer of Union College shall be forth- with given. It is further agreed between the parties aforesaid, in case of death, disability, or failure in business of either of the persons composing the party of the- second part, that the survivor in case of the death of either, and in case of disability or failure in business, the one not so disabled or having so failed in business shall be solely entitled to all subsequent benefit to be derived 202 [SENATE from this contract, and shall be authorized, on performing the requisite covenants herein contained, to do on and complete its fulfillment on his own account for his own benefit, in the same manner as if the said contract had been made by himself solely. And it is further understood and stipulated between the parties, that this contract shall not become obligatory on the party of the first part until the party of the second part shall have executed to the party of the first part a bond with sureties to the satisfac- tion of the treasurer of Union College in the penal sum of seventy thousand dollars, conditioned for the true and faithful perform- ance of the stipulations contained in this contract, and until the party of the second part shall have executed and delivered to the Comptroller such bonds as are required by the act to limit the continuance of lotteries, passed as aforesaid. And it is further stipulated that all the classes in said lottery shall be drawn by or under the direction of the board of managers, or such other per- sons as they shall appoint or approve. The said board of man- agers to be appointed by the President of Union College. In witness whereof, Henry Yates, Junior, treasurer of Union College, in virtue of a resolution, hath hereunto affixed the com- mon seal of the College, and signed his name, and the parties of the second part have affixed their seal and signed their names. Duplicate acknowledged by Archibald ] Mclntyreand John B. Yates, in pres- \ ence of (signed) Wm. James. J (Signed,) HENRY YATES, Jun., Treasurer of Union College. (Signed,) ARCHIBALD McINTYRE- (Signed,) J. B. YATES. (Seal of College.) Having examined the within contract, I consent to and .approve of the same. (Signed,) ELIPHALET NOTT. No. 41.] 203 Supplement to Contract. Whereas an agreement has this day been executed by the trustees of Union College of the first part, and Archibald Mcln- tyre and John B. Yates of the second part. Now, therefore, this agreement made on the twenty-ninth day of July, one thousand eight hundred and twenty-two, between the aforesaid parties, witnesseth, that it was understood and agreed between the said parties to the aforesaid agreement, to which this agreement is a supplement and is to constitute a part as of one instrument, and it is expressly stipulated in this agreement that the said party of the second part shall pay, and the said party of the second part do therefore covenant to pay for supervision and management the same per centum on each class, immediately after the drawing thereof, as has heretofore been paid to managers appointed by the State, which payment shall be made by depositing in the Mohawk bank, or such other bank as may be designated, to the credit of the President of Union College, such per centum of which pay- ment the certificate of such bank shall always be a sufficient voucher. And it was further understood between the parties, and is herein expressly stipulated that all the tickets to be sold by virtue of the act to limit the continuance of lotteries are to be divided from time to time into classes of a fixed number of tickets at a fixed scheme price, with a fixed amount of prizes and a fixed time for drawing the same, all which to be done by the consent and approbation of the President of Union College, or the board of managers by him appointed ; which said classes to be denom- inated class No. X, No. 2, No. 3, &c., of literature lotteries, new series ; and immediately after the execution of the bond by the party of the second part, as stipulated in the aforesaid agreement, a right shall be vested in the party of the second part, to dispose of tickets calculated at their scheme price to an equal amount with the amount of said bond, together with such other and fur ther security as may hereafter be given by the party of the second part to the satisfaction of the treasurer of Union College. And whenever from time to time, the whole or any part of the tickets, the right to dispose of which had vested as aforesaid in the party of the second part, shall have been drawn and the obligations arising therefrom shall have been satisfactorily cancelled or put 204 [SENATE in a train of being so drawn and cancelled, a right shall vest in the party of the second part to dispose of an additional amount of tickets, valued at their scheme price, equal to the amount of those tickets the obligations from which have been satisfactorily cancelled or put in a train of being so cancelled, the same arrangement to continue and the same process to be repeated, until said lotteries shall be completed ; it being however expressly understood and stipulated between the parties, that no right to dispose of any subsequent amount of tickets shall ever vest in the parties of the second part until the obligations arising out of the antecedent amount of tickets, to which such amount is consigned shall have been satisfactorily cancelled or put in a train of being cancelled, of which the treasurer of Union College shall be the' sole and conclusive judge. And whereas events may occur that shall prevent the party of the second part from paying their note of two hundred seventy-six thousand and ninety dollars and four- teen cents, given as one of the considerations of this agreement at the time the same is stipulated to be paid ; it is therefore further agreed that before the end of the year eighteen hundred and twenty-three, the said party of the second part shall elect to pay said note in annual installments of thirty-nine thousand three hundred and twelve dollars, commencing from the day the inter- est commenced on said note, and continuing until said note shall be fully paid, said party shall be allowed to do so, in which event said party shall immediately after the drawing of each class deposit to the credit of the treasurer of Union College for safe keeping in Manhattan bank, or such other bank as maybe by him designated, such part of the aforesaid annual payment as shall bear the same proportion to the whole annual payment as the amount of tickets in said class, reckoned at their scheme price, shall bear to four hundred and forty-nine thousand two hundred and eighty dollars, a certificate of which deposit shall be sufficient evidence of the receipt thereof by the treasurer aforesaid, and the amount of the several receipts shall on the last day of every year reckoned as aforesaid, be endorsed, or if not endorsed, shall have the effect of an endorsement to the amount thereof on the afore- said note. But" it is understood between the parties, that if less than four hundred arid forty-nine thousand two hundred and eighty dollars worth of tickets, reckoned at their scheme price. No. 41.] 205 shall be drawn in any one year, then less in proportion may be deposited in bank to the credit of said treasurer. But it is expressly stipulated between the parties, that if less shall in any one year be deposited than the sum of thirty nine thousand three hundred and twelve dollars, the deficit, together with the interest thereon from the time when it was payable, shall be added to the installment of the ensuing year ; and if less shall again be deposited than the above sum, together with the deficit of the preceding year, the balance, with the interest as above, shall again be added and made up and endorsed as beforesaid. It being however further understood and expressly stipulated that, at the end of any year in which there shall be a deficit in the sum stipulated to be deposited, or in the deposit of the per centum for supervision and management as aforesaid, the treasurer of Union College shall be at liberty previous to the adoption of the scheme of any subsequent year, to give notice to the party of the second part that this agreement has become for- feited, and from that time forth the parties shall no longer be allowed to act under it, except so far as to close the business already commenced and to settle their accounts ; and if at the time such notice is given any scheme or schemes shall have already been adopted by consent and approbation as aforesaid, the same shall be drawn (except by the consent of the parties), within the time specified in such scheme. And it is further stipulated, that the said party of the second part may at any time anticipate the payment of the stipulated annual payments as aforesaid, by depositing the same to the credit of the treasurer of Union Col- lege as aforesaid, on or before about the first day of the year, com- mencing as aforesaid, in which year each payment would other- wise be made, in which case a rebate in the amount shall be made equal to the amount of interest that would accrue on such pay- ment during the whole time the same is anticipated, except six months. And though such rebatement be made in the deposit, the full sum of thirty- nine thousand three hundred and twelve dollars shall be endorsed therefor on the aforesaid original note at the close of the year, reckoning as aforesaid, in which the same would otherwise have been fully deposited, or if not so endorsed, the deposit shall have the effect of such endorsement. And it is further stipulated by the party of the second part, to sell on the 206 [SENATE first four days of sale in each claes,at the scheme price, to adven- turers and to the several licensed lottery dealers, in such propor- tions as may appear discreet, and to sach amount as may be required, except that the said party of the second part may always retain one-third part of each class for their own use, and such other and larger proportion as may from time to time be consented to either by the President of Union College, or by the board of managers appointed as aforesaid. In witness whereof, Henry Yates, Junior, treasurer of Union College, hath hereunto affixed the common seal of Union College, and signed his name in virtue of a resolution, and the parties of the second part have affixed their seals and signed their names. (Signed,) HENRY YATES, Jr., Treasurer Union College. (Signed,) ARCHIBALD McINrYRE. (Signed,) JOHN B. YATES. (Seal of Union College.) Interlineations being made before execution, \ and all acknowledged in my presence, by } Archibald Mclntyre and John B. Yates. J (Signed,) W. JAMES. Having examined the above contract, I consent to and approve of the same. (Signed,) ELIPHALET NOTT. On the 31st December, 1823, we and each of us, do promise to pay to the treasurer of Union College, two hundred and seventy- six thousand and ninety dollars and fourteen cents, with the inter- est thereon, annually, to commence from such time as the first tickets in the lotteries for the promotion of literature shall be oifered by us in market, under our contract with the trustees of Union College. ARCHIBALD McINTYRE. J. B. YATES. Dated July 3(M, 1852. No. 41.] 207 Stipulation with Yates fy Mclnt^re^ under their contracts. " Whereas an indenture was made on the 29th July, 1822, be- tween the trustees of Union College of the first part, and Archi- bald Mclntyre and John B. Tates of the second part, together with a supplement made on the same day, and forming together one whole contract ; and whereas it was found to be impossible for the party of the second part to procure at the time securities to the amount and of the kind originally contemplated ; and whereas the best interests of the College "required that no further delay should take place in the drawing of the lotteries, it was verbally admitted by the party of the first part that the party of the second^part might proceed for the time being on such security as was given, which relaxation, it was supposed, would promote the interests of both parties by expediting the progress of the lot- teries ; and it has been agreed that the terms of payment should, in consequence of such relaxation be more favorable to the col- lege. To prevent any future doubt or dispute concerning the import of the written contract, it is hereby mutually stipulated and declared, that the real payments to be made to the party of the first part by the party of the second part, is eleven per cen- tum on each class drawn, namely : Eight and three quarters per centum to the treasurer of Union College and two and one quar- ter per centum to the president of Union College, the same to be made immediately after the drawing of each class by deposits in banks as agreed upon, until four million four hundred and nine- two thousand two hundred and eighty dollars worth of tickets, reckoned at their selling scheme price, shall have been drawn, when the whole written contract will have been cancelled, and the rebate of interest spoken of in the supplement to have effect only in cases when the said eleven per centum shall have been paid before the drawing of the class out of which the same is to arise." The contingent residue of the lottery to be the subject of a new contract, terms of which have been already discussed and verbally settled between the parties. New York, Jan. 24fA, 1826. ARCHIBALD McINTYRE, JOHN B. YATES. 208 [SENATE NEW YORK, January 4th, 1826. Rev. E. Nott, President of Union College: Sir, We have stipulated, as you are aware, to pay to the trus- tees of Union College, the sum of two hundred and seventy-six thousand dollars, within ten years, with interest annually, for and in consideration of their transferring to us their right in and to the grants made by the act to limit the continuance of lotteries. It has become necessary that we should inform you that such have been our losses, that we have no reasonable prospect of being able to pay the sum stipulated, or even to pay the prizes in the lottery now pending, unless we can procure immediate pecuniary assis- tance to a large amonnt. If such assistance can be procured, we are confident that we shall be able to fulfil our contract with the college and leave our other creditors harmless, In view of these circumstances, we have thought it our duty to propose that you and the treasurer should raise for our immediate relief one hun- dred thousand dollars, together with such further sum as may be necessary to sustain our credit until we can be fully relieved by converting our property into money and collecting the amounts due to us, which are still good, but merely delayed on account of the general pressure. And in consideration thereof, we are will- ing to stipulate to pay you such additional sum as shall, together with 276,000 dollars, for which we admit we are now holden, amount to eleven per cent on the whole amount of tickets sold, or to be sold, by us under said act. The same to be paid esti- mating the per centum on the tickets sold at their scheme price in each class, and in all classes hitherto drawn, as well as those hereafter to be drawn under said act immediately after the draw- ing thereof. With respect, we are your obedient servants, YATES & McINTYRE. No. 41 .J 209 To Dr. E. JVott; Rev. Sir Having made a contract for the drawing of the lot- tery under the act entitled " An act to enable the mayor, alder- men and commonalty of the city of Albany to dispose of tickets in a lottery heretofore granted, and to limit the continuance of the same," passed April 13th, 1826, and being desirous of mixing the .tickets of the same with the tickets in the lotteries authoris- ed by the act to limit the continuance of lotteries, on condition that 1,654,497 dollars worth of tickets, reckoned at the same rate for our benefit as the assigns of the Fever Hospital lottery, to de- posit to your credit, in such bank as you shall designate, six and thirty one-hundredths per centum on the gross amount of money prizes in each scheme or class, immediately after the drawing of the same, so long as we shall be permitted to operate under the act of 13th April, 1826, or any future act that may be obtained, modifying the principles therein contained, it being understood that the annual average rate of drawing the money tickets shall not be hereafter less than it has heretofore been, unless prevented by unavoidable necessity, satisfactory to yourself, or by mutual consent. The schemes of all classes drawn, when made out, to be regularly transmitted to you. YATES & McINTYRE. May 30, 1826. [Senate, No. 41.] 14 210 [SENATE Settlement with Yafes, Mclntyre, Ely and Mclntyre for lotteries, with copy of bond. Henry Yates, Archibald Mclntyre and others, the trustees of Union College, acting through a committee appointed for that pur- pose, and Eliphalet Nott, agree, That Yates, Mclntyre and others pay to the trustees of Union College one hundred and fifty thousand dollars, for which they are to give a bond. That the trustees of Union College assign to Yates, Mclntyre, &c., the bond and mortgage of John B. Yates, for $55,000, surren- der certain unpaid notes amounting to $19,448.47, and pay a cer- tain debt of the College physicians and surgeons, amounting to $20,000, for which notes had been given to the New-York Insu- rance Company, upon the payment of the bond for $150,000. The parties release each other from all suits, controversies, ac- tions and claims of actions. Signed and sealed by HENRY YATES, ARCH. McINTYRE, JOHN ELY, JR., A. McINTYRE, JR. ELIPHALET NOTT. W. L. MARCY, Gav., A. C. FLAGG, Camp., JOHN A. DIX, Sec. of State, Committee of Union College, and under College seal. Know all men by these presents, that we, Henry Yates, of the city of New-York, Archibald Mclntyre, of the city of Albany, John Ely, jr., of the city and county of Philadelphia, and Archi- bald Mclntyre, of the county of Montgomery, and State of New- York, are held and firmly bound unto the trustees of Union Col- lege, in the town of Schenectady, in the State of New- York, in the sum of three hundred thousand dollars, lawful money of the United States of America, to be paid to said trustees of Union Co]- No. 41.] 211 lege or their certain attorney, successors or assigns, the which payment, well and truly to be made, we bind ourselves, owr heirs, executors and administrators firmly by these presents, sealed with our seals, and dated the 27th July, 1837. The condition of this obligation is such that if the above bounden Henry Yates, Archi- bald Mclntyre, John Ely, jr., and Archibald Mcintyre, jr., their heirs, executors, administrators, or any of them shall and do well and truly pay, or cause to be paid unto the above mentioned trus- tees of Union College, or to their certain attorney, executor, ad- ministrators or assigns, the just and full sum of one hundred and fifty thousand dollars, as follows : Ten thousand dollars, part thereof, on the first day of September next, and the remainder of said sum being one hundred and forty thousand dollars, in ten equal annual payments, with lawful interest from the first day of August next on such sums as may be unpaid yearly, with a right to pay any part thereof before due, and to have interest allowed for the same, without any fraud or any delay, then this obligation to be void, or else to remain in full force and virtue. Signed, HENRY YATES, [L. S.] A. McINTYRE, [L. S.J JOHN ELY, JR., [L. S.] A. McINTYRE, JR., [L. S.] Sealed and delivered in the ? presence of J. V. N. Yates. J ARCH. CAMPBELL. .Abstract of the conveyances relating to the, Hunter farm, situated near Newtown creek^ Long Island. JACOB HUNTER, JOHN B. HUNTER, & BJCHARD HUNTER, Executors of ANN HUNTER, To JEREMIAH JOHNSON. Deed dated 13th June, 1835. Recorded liber K. K. of deeds in Queens county, Clerk's office, p. 161,17th June, 1835. Consider- ation, $108,000. Conveys Hunter farm, describing it as contain- ing 143 acres, more or less. ELIPHALET NOTT, 1 with NEZIAH BLISS. } Agreement dated January 4th, 1836. Recorded lib. R. R. of corns. , pag 4, Nov. 19th, 1836. This agreement recites that Jere- 212 [SENATE miah Johnson purchased this farm on account of Eliphalet Nott and Neziah Bliss ; that Nott had advanced most of the money to pay therefor (the whole consideration paid by Nott is expressed as $100,000), and that as soon as he (Nott) could raise the re- mainder of the purchase money, he would convey to Bliss an un- divided half of the whole of said farm, upon Bliss giving a mort- gage therefor. JEREMIAH To B. NOTT. t Deed dated 7th Sept.,. 1837 (quit claim). Rec. lib. T. T. of corns, p. 133, 8th Sept., 1837. Conveys the Hunter farm without covenants. ELIPITALET NOTT, } To TRUSTEES OF UNION COLLEGE. } Deed quit claim dated 10th Oct., 1838. Recorded liber. W, W. p. 409, 27th Dec., 1838. Consideration, $100,000. Conveys an undivided half of the Hunter farm. In these two last convey- ances the farm is described as containing 212 acres. TRUSTEES OP UNION COLLEGE, ) To ELIPHALET NOTT. > Deed dated 1st Aug. r 1845, quit claim deed. Rec. lib. 71, p.. 80, 22d April, 1847. Consideration, $100.000. Conveys an un- divided half part of Hunter farm. ELIPHALET NOTT AND URANIA, his wife, } Mortgage to THE MUTUAL LIFE INSURANCE Co. OF NEW-YORK. ) Mortgage dated 12th June, 1852. Rec. liber. 64 of mortg. p. 160, 22d June, 1852. Recites that E. Notl, Charles Ely and Jo- nathan Crane, are indebted to said Co. $40,000, to be paid to said Co. on or before June 1st, 1853, with 7 per cent interest. No. 41.] 213 Documents in relation to Hunter Point property. Memorandum of an agreement entered into, 13th day of May, between Jacob Hunter, John B. Hunter and Richard Hunter, executors of the last will and testament of Anne Hunter, by vir- tue of a power in the deceased last will and testament, have this day sold the form left by the deceased, lying in the town of New- town, in Queens county, called Dominic's Hook, or B Point, at the entrance of Newtown creek, containing one hundred and forty-three acres, more or less, for the sum of one hundred thou- sand dollars, to Jeremiah Johnson, in the following payments, viz : five thousand dollars this day ; thirty thousand dollars in thirty days from this date ; twenty-five thousand dollars in six mouths from this date ; twenty -five thousand dollars at the end of twelve inontlis, with interest at the rate of six per cent ; and the residue, with like interest, at the end of eighteen months from this date. All the money remaining unpaid after the payment of thirty thousand dollars to be secured by bond and mortgage on the premises sold, a deed to be given in the usual form of execu- tors' deeds, provided always that, if the opinion of counsel learned in the law, we, the executors, are not authorised to sell in man- ner and form aforesaid, this agreement to be void, and the money advanced to be returned, otherwise stand and be valid. This sale is made, subject to any claim for the cutting of wood, and of the heirs of Johannus Bevoe, deceased, and of the heirs and assigns of David Van Cott deceased. The tenant of the premises to con- tinue in possession until the 1st day of December, and the rent to be paid to the Messrs. Hunter aforesaid. Signed, JEREMIAH JOHNSON, JACOB HUNTER, JNO. B, HUNTER, RICH. HUNTER. NOTE. The word " of" on the opposite page, and the words, " of the heirs and assigns of David Van Cott," deceased, were first interlined. 214 [SENATE Received May 13th, 1835, from Jeremiah Johnson, five thou- sand dollars, being the first payment mentioned in this contract. Signed, JACOB HUNTER, JOHN B. HUNTER, RICH. HUNTER. Received 13th June, 1835, from Jeremiah Johnson, Esq., thirty thousand dollars, being the second payment mentioned in this contract. Signed, JACOB HUNTER, JOHN B. HUNTER, RICH. HUNTER, I am engaged this afternoon and evening. Mr. Bliss may copy this contract, and enclose a copy to Dr. Nott. The Hunters quib- bled about the terms, and demanded $800 per acre, &c. Other offers had been made them. I finally bound the bargain as writ- ten. Every acre bought is worth $1,000; the whole $140,000 at least. Whereas, by an indenture bearing date the thirteenth day of June, in the year one thousand eight hundred and thirty five, Ja- cob Hunter, John B. Hunter and Richard Hunter, executors of Ann Hunter, deceased, conveyed to me, Jeremiah Johnson, a cer- tain tract of land lying in New town, Queens county, formerly known by the name of Dominies' Hook, containing, by estimation one hundred and forty-three acres, more or less, and in said in- denture particularly described, reference being thereunto had for boundaries and description. And, whereas, said purchase was made by me as the agent of Eliphalet Nott, acting for himself and for the trustees of Union Col- lege. And, whereas, on the execution of said conveyance, I, the said Jeremiah Johnson, did execute my bond and mortgage to the gran- tors in said indenture, named of even date with said indenture, to secure a part of the purchase money of said premises. And whereas it was agreed that the title to said premises should remain in me for my perfect security until said bond and mort- gage should be fully paid by the said Eliphalet Nott his execu- tors, administrators or assigns. No. 41.] 215 And whereas there yet remains unpaid on said bond and mort- gage after the due application to the payment thereof of all the moneys furnished to me by said Eliphalet, for the payment there- of, the sum of sixteen thousand dollars, or thereabouts, with the interest thereon. Now, I, the said Jeremiah Johnson, in consideration aforesaid and of one dollar to me in hand paid, do for myself, my heirs, exe- cutors and administrators, covenant and agree to and with the said Eliphalet Nott, his executors, administrators and assigns, he or they shall and do pay and satisfy the said bond and mortgage, so that I shall not be required to pay the same or the interest thereon, or any part thereof, and provided also that he or they shall make me compensation for the expenses incured by me in the procurement of funds for the payment of interest and obtain- ing a postponement of the payment of the remaining principal due to convey said above described premises, and every part thereof to the said Eliphalet Nott, his heirs and assigns, or to such person or body corporate as he the said Eliphalet Nott shall in writing appoint. In witness whereof, I have hereunto set my hand and seal, this day of in the year of our Lord one thousand eight hundred and thirty Signed and sealed in presence of (Private and confidential.) UNION COLLEGE, 26th Dec., 1836. Dear Sir, Having been quite out of health of late, it has been thought advisable by some of our trustees, that I should procure from you some instrument embodying in legal form the facts in relation to the Hunter purchase set forth in your letters now in my posses- sion. To meet their views, I enclose such an instrument. If it is not conformable to truth, you will have the goodness to draw and execute one that is, and transmit the same to me as soon as you conveniently can. I regret to give you any further trouble, 216 [SENATE but I feel it my duty, especially in my present state of health, to do whatever in me lies to satisfy the minds of the Governor and other gentlemen with whom I have acted. Yours truly, (Signed), ELIPHALET NOTT. GEN. JEREMIAH JOHNSON. 21st Jan'y, 1837, UNION COLLEGE. Bear Sir, I enclosed a few days since, a stipulation for you to correct, if not conformable to truth, and having to transmit the same, not having received an answer, and having heard by way of Albany, a rumor that Mr. Bliss was apprehensive that the pro- vision to convey to me, or such person or corporation as I shall direct , was intended to operate against him, I take the liberty of saying that though this was introduced merely to put in my power to have the conveyance made to the parties concerned direct , and not to me, there is not the least objection to having those words stricken out if desired. There is a perfect understanding between me and the trustees, in relation to Mr. Bliss, and his rights have been fully provided tor in a formal indenture from me to them, so that there was not the least possible occasion for any concern on his part ; nor indeed can I believe that he has thought that the trustees and myself were capable of doing any injurious act. If he has, I trust he will live to be entirely con- vinced of the error. Very respectfully, (Signed), E. NOTT. To GEN. JOHNSON. ALBANY, 13th February, 1837. Dear Sir, Having been informed by Dr. Nott that he had furnished the means and that you had made the purchase of Hunter's Point as his agent, and were to convey the same to him when the residue of the purchase money, amounting to about $16,000 and interest, was paid, and haying also been informed by him that the one un- divided half of said purchase was made for the benefit of Union College and the other half for N. Bliss, on the conditions con- No. 41.] 217 tained in a stipulation executed by the Dr. to him, the finance committee of the College requested Dr. Nott to furnish them with some written acknowledgment from you to that effect. An in- strument was drawn by Mr. Cushman of Troy, one of the mem- bers of said committee, in such form as to enable Dr. Nott either to receive the title himself and convey the same to the parties, or for him to cause the same to be conveyed to them direct, as cir- cumstances might require, after settlement made with Mr. Bliss, according to the stipulation entered into with him. The Doctor took the precaution with the trustees of the College to provide for the full protection of the interest of Mr. Bliss. He was to transmit the instrument to you, and having procured your signa- ture, to forward the same to us. Not haviog received it, and considerable time having elapsed, we have thought best, as he has been out of health of late (though we have not the least doubt of the statement made by him is correct), to write you direct for in- formation in the premises, instead of troubling him with any fur- ther application. I am, with great respect, Your obedient servant, W. L. MARCY. GEN. JOHNSON. % (Copy of Gen. Johnson's reply to Gov. Murcy.) BROOKLYN, February 20th, 1837. Dear Sir, Yours of the 13th inst., come to hand this morning, wherein the subject of the purchase of the Hunter Point is particularly noticed, and a letter of Dr. Nott to me, covering an assignment to be executed to him, or his order referred to. I purchased Hun- ter's Point as agent for the Dr., and gaye him a covenant to con- vey the property to Mm ; this I will whenever the money is placed in my hands toredeem my bond and mortgage. When the letter of the Dr. was received, the failure of his sons was known. I am no stranger to the indescretions of parents on such occasions, therefore I deemed it advisable not to do an act which the Doct. himself might have occasion to regret. It was not officially known to me that Mr. Bliss had an interest in the purchase, until the failure of H. Nott & Co. ; he then served me 218 ("SENATE with a copy of a covenant of the Doct. for the half of the estate. As an honest man, I would not convey to any other person than the Doct., because such act might destroy the right of Mr. Bliss. Whenever the river opens, I intend to come to Albany, when we will canvass the whole subject of the purchases of the Doctor frankly. If the trustees of the College should deem it desirable to sell the Hunter's estate to the U. S. for a Navy Yard and Dry Docks, then the application before the Legislature for a road from Kavenswood over the point to. Newton creek, and for a bridge over the creek, should not be granted now or hereafter. (Copy of Gen. Johnson's reply to Dr. Nott.) BROOKLYN, March 1st, 1837. Dear Sir, I this day received a communication from you, under cover to Mr. Bliss, dated 21st January, which was received by Mr. Bliss yesterday, having laid over in the post office at Brooklyn. I also received yours of the 26th December last, enclosing an assignment to be made by me on the latter subject. I remark that in transacting business I endeavor to pursue the safe and correct course, which in this case is to convey directly to your- self whenever I receive the money to release my mortgage, &c., which will be done with great pleasure. Your communication also came to hand at a time when, as a parent, I knew your mind could not be at ease, and least by hastily doing things we might both have cause what we had done, therefore it waft deemed pru- dent by me to let the letter lay unanswered until I heard from you again, because a short delay could do no injury. I received a letter from the Governor, a few days ago, on the subject of Hunter's Point, &c., to which I replied as above, and that I hoped to be in Albany whenever the river opened, when I hope to see you in good health and with favorable prospects. Col. Baldwin is to survey again in the port of New- York, when Hunter's point must, in my opinion, be selected for the Navy yard, &c. No. 41.] 219 We both, my dear sir, know that man is born to trouble, and that no forecast of ours can avert the sorrows of others ; however much we may suffer, still we should never despond, but do our duty, and leave the final issue where our trouble will not follow us. I lost $5,000 by fire the 19th January last, by the hands of an incendiary ; the money is gone, grief restores nothing, there- fore my mind is at ease on the subject. Accept, &c., J. JOHNSON. Copy of Mortgage of Edward James to Eliphalet Nott,for $14,000. This indenture, made the tenth day of December, in the year of our Lord one thousand eight hundred and thirty-four, between Edward James of the city of Albany, and Ann James, his wife, of the first part, and Eliphalet Nott of the city of Schenectady, of the second part, witnesseth ; that the said parties of the first part for and in consideration of the sum of fourteen thousand dollars, money of account of the United States, to them in hand paid by the said party of the second part, the receipt whereof is hereby confessed and acknowledged, have granted, bargained, sold, released, aliened and confirmed, and by these presents do grant, bargain, sell, release, alien and confirm unto the said party of the second part, and to his heirs and assigns all the equal, undi- vided half part of the following pieces and parcels of land situated, lying and being in the. town of Waterford, and the waters and water-rights and privileges thereunto per- taining, as follows: One piece of land bounded easterly by lands owned by Stephen Titcomb, and lands owned by Nicho- las R. Doe; northerly by the public highway running from the lower lock of the side-cut of the Champlain canal to Kings canal ; southerly by the north branch of the Mohawk river, and westerly by lands next to be described, being the same purchased of J. T. King, and another of Elijah H. Kimball and others, com- monly called Custer?s Island, together with all that part of the Davis farm lying south of the aforesaid public road, in all con- taining about five acres of land, subject to a mortgage on the same of five hundred dollars, payable in five equal annual payments fromjjhe first day of October, one thousand eight hundred and thirty-three, and interest thereon annually. Another piece of 220 | SENATE land lying westerly and adjoining the last described, bounded easterly by the same lands and lands owned by Kimball and o;h- ' ers, and northerly and northwesterly by lands o>. ned by Kimberly and others ; westerly by lands next to be described ; and southerly by the north branch of the Mohawk river, being the same pur- chased of John F. King, of Richard Davis, containing about five acres of land. Another piece of land, bounded easterl) by the last described and the lands now owned by Kimball and others j northerly and northwesterly by lands belonging to Lawrence Van- derwerken and the Champlain canal ; and southerly by a piece of of land devised by Hendiick Yanderwerken, deceased, to his son Abraham ; and southerly and easterly by the north branch of the Mohawk river, containing about twenly acres of land, subject to to a certain mortgage thereon, now owned by the heirs of David Gurnsey, deceased upon which there was due the first day of April last, fifteen hundred dollars and also subject to the rent due to Catharine Vanderwerken during her life. And also all of several other pieces of land lying southerly and westerly from Messrs. House and Vanderwerken's mills, and on both sides of the Champlain canal, about two acres, and the water power belong- ing thereto, being the same brought by said John F. King, and another of Myron Ticknor, excepting out of the same about three- fourths of an acre of land on the west side of the Champlain canal, sold a few months since by the said John F. King, &c., to William P. Mansfield. Also two islands in the north branch of the Mohawk river, one against which the mill dams now butt ? containing about one and a half acies of land. The other north- erly from the last described, commonly called Polromp Island, containing about three acres of land, subject to a mortgage of two hundred dollars given to the VanSchaicks in part payment of the same, and payable at the death of Catharine^aaderwerkeu without interest, together with a right obtained by lease of the Van Schaioks to all the waters and water rights and privileges of the westerly side of Hanover island, with the right of butting a dam or dams to the said westerly side of Hanover island, together with all lands under water, with all and any other lands lute the property of John F. King, together with all waters, water rights and privile- ges, late the property of the said John F. King, excepting out of the same as follows, to wit : The lot on which the said mills now No. 41.] 221 stand, being one hundred feet on the canal and the saine on the river, with the right to draw from the canal twenty-six feet of water per second. All the lot lately belonging to King & Taylor, being sixty feet on the canal and the same on the river, with the right to draw water for two run of mill-stone. The lot next south adjoining being sixty feet on the canal and the same on the river, with the right to draw water for three thousand spindles. The lot now the property of the Waterford Manufacturing Com- pany, being seventy-two feet on the canal and the same on the river, with the right to draw water for two thousand spindles. The lot next adjoining, formerly owned by Anthony Olney, being forty feet on the canal and the same on the river, with the right to draw water for one thousand spindles. The lot now belonging to Kimball Baker and Van Schoonhoven, being eighty feet on the canal and the same on the river, with the right to draw twenty feet of water per second. The lot formerly belonging to John Vanderwerken, and on which the furnace building now stands, being one hundred and ten feet on the canal and the same on the river, with the right to draw water for one thousand spindles. The lot on which the furnace pattern house now stands, and oppo- site to the furnace, being fifty by one hundred and ten feet. The lot now belonging to Guland Fletcher, being about fifty feet on the canal and about thirty feet on the river, with the right to draw water for one thousand spindles. The lot on which Eddy's Ink factory now stands, with the right to draw thirteen feet of water per second. For a more particular description of the fore- going exceptions, reference may be had to the several leases and deeds of conveyance for the same, together with all and singular the hereditament thereunto in any wise belonging, and the rever- sion and reversions, remainder and remainders, rents, issues and profits thereof, to have and to hold the said premises hereby released and confirmed, with the appurtenances, unto the said party of the second part, and to the sole and only proper use, benefit and behoof the said party of the second part, his heirs and assigns forever ; provided always, and these presents are upon this express condition, that if the said Edward James, his heirs, executors and administrators doth and shall well and truly pay or cause to be paid to the said party of the second part, his 222 [SENATE certain attorney or attorneys, heirs, executors, administrators or assigns, the sum of fourteen thousand dollars, in five years from the date hereof, with interest thereon to be paid annually, at six per cent, in the manner particularly specified in the con- dition of a certain bond or obligation bearing even date herewith, executed by the said Edward James to the said party of the sec- ond part, that then and from thenceforth these presents and every thing herein contained shall cease and be void, every thing herein contained to the contrary in any wise notwithstanding. But in case default shall be made in the payment of all or any part of said principal sum of fourteen thousand dollars, or the interest thereof at the time or times when the same ought to be paid as aforesaid, that then and in such case the said parties of the first part for themselves, their heirs, executors and administrators do covenant, grant, promise and agree to and with the said party of the second part, his heirs, executors, administrators and assigns, that it shall and may be lawful for the said party of the second part, his heirs, executors, administrators or assigns, at any time or times thereafter, to sell and dispose of the said premises here- by granted, or any part or parts thereof, at public vendue, to any person or persons whomsoever, and on such sale to make, sign, seal arid deliver any deed or deeds of conveyance in the law for the said premises, or the part thereof so sold to the purchaser or purchasers, his, her or their heirs and assigns for ever, and out of the moneys arising from such sale or sales, to keep and retain in his hands the said fourteen thousand dollars, with the interest then due, together with all costs, charges or expenses that shall or may be due, accrue, arise or happen, by reason or on account of such sale or sales, and to overplus money, if there be any, shall, when demanded, be paid to the said parties of the first part, their heirs, executors, administrators or assigns. In witness whereof the said parties of the first part have here- unto set their hands and seal, the day and year first above written. Sealed and delivered in presence of EDWARD JAMES, ANN JAMES. The word " and" to the word " other," both inclusive, inter- lined above the 14th line from top before execution. CALVIN PEPPER. No. 41.] 223 Also the word " lawful" in the 14th line from bottom erased, and instead thereof in the 13th line written " six per cent," before final execution. CALVIN PEPPER. STATE OF NKW-YORK, ? County of Albany ^ } On this twelfth day of December, eighteen hundred and thirty- four, personally appeared before me the subscribers, a commis- sioner of deeds for the city and county of Albany, the within named Edward James, and Ann James, his wife, to me well known to be the same persons described in, and who severally executed the within indenture, who severally acknowledged the same to be their free act and deed, and that they severally execu- ted the same for the purposes therein specified. And the said Ann James, on a private examination by me, had separate and apart from her said husband, acknowledged that she executed the same freely and without any fear, threats or compulsion from her said husband ; and having examined the said indenture and finding therein no material alteration, erasures or interlinea- tions except those noted before execution, I allow it to be recorded. CALVIN PEPPER, Commissioner of Deeds. STATE OF NEW-YORK. CITY AND COUNTY OF ALBANY, ? Clerk?* Office, ] SJ I, Conrad A. Ten Eyck, Clerk of the city and county of Alba- ny, do hereby certify that Calvin Pepper, Esq., whose name is subscribed to the certificate of proof or acknowledgment of the annexed instrument, in writing, and endorsed thereon, was at the time of taking such proof or acknowledgment, a Commissioner in and for the city as aforesaid, dwelling in the said city, and duly authorized to take same ; and that I am well acquainted with the hand writing of the said commissioners, and verily believe that the signature to the said certificate of proof or acknowledgment, is genuine. In testimony whereof, I have hereunto set my hand and affixed my official seal the twelfth day of December, 1834. C. A. TEN EYCK, Clerk. [L. S.] 224 [SENATE I certify the foregoing to be a true copy of the original, with the certificate of acknowledgment thereof. Recorded July 8th, 1835, at 3 o'clock P. M. A. GOODRICH, Clerk. STATE OF NEW-YORK. SARATOGA COUNTY, ( Clerk's Office, \ Si I, James W. Horten, Clerk of said county, hereby certify that the foregoing transcript of a mortgage has been compared with the original record in said office ; that the same is a correct trans- cript therefrom, and of the whole of such original record. Witness my hand and the seal of said county, this llth day of Dec., 1852. JAS. W. HORTEN, Clerk. (Seal.) j Copy of Mortgage on College Grounds and Buildings , 31st Decem- ber, 1840, for $25,000. This indenture, made the 31st day of December, in the year of our Lord one thousand eight hundred and forty, between the Trustees of Union College, in the town of Schenectady, in the State of New York, of the first part, and the People of the State of New York of the second part ; witnesseth that the said par- ties of the first part, for and in consideration of the sum of twenty- five thousand dollars, money of account of the United States, borrowed of the party of the second part, by the said party of the first part, the receipt whereof is hereby confessed and acknow- ledged, have granted, bargained, sold, released, aliened, and confirmed, and by these presents do grant, bargain, sell, release, alien, and confirm unto the party of the second part, and to their assigns forever, all that piece or parcel of land, situate, lying, or being in the city and county of Schenectady aforesaid, particu- larly described on a certain map made by Joseph Frost, surveyor, and lithographed by Miller & Co. of New York, a copy of which will be found in the clerk's office of the county of Schenectady. Beginning near the northwest corner of said lot, at the intersec- tion of Peak and Romeyn streets, and running thence easterly along the south side of Peak street to the North College boarding No. 41.] , . 225 house ; thence along the south side of Peak street continued easterly to the lands of John J. Vrooman, thence southerly along the lands belonging to said Vrooman to the creek known as Si- monskill ; thence southerly along the lands of Isaac Riggs and Jacob Van Vranken to the lands of Robert Wandell ; thence westerly along the lands of the said Wandell to the lane leading to the Troy turnpike ; thence southerly along said lane to the Troy turnpike ; thence westerly along the north side of said turn- pike to the corner of Union street and Edward place ; thence northerly along Edward's place to its intersection with South avenue ; thence westerly along South avenue to Romeyn street ; and thence northerly along Romeyn street to the place of be- ginning, excluding two small pieces, with the buildings thereon, on the Troy turnpike, belonging to Garret W. Veeder and George Fisher, and also a piece belonging to the heirs of Nancy Van Guysling, containing two hundred acres, be the same more or less. Aho all that piece of land lying on the north side of Union street, in the city of Schenectady aforesaid, and bounded as fol- lows, to wit : Beginning at the corner of Union and College street, and running thence northerly along the east side of College-street 304 feet 3 J inches ; thence parallel to Union-street, in an easterly direction, to the Utica and Schenectady railroad ; thence souther- ly along said railroad to the Erie canal ; thence along said canal to Union-street ; thence along Union-street to the place of begin- ning, as the same was conveyed by Eliphalet Nott and Gertrude, his wife, to the trustees of Union College, together with all and singular the hereditaments therewith in any wise belonging, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof; to have and to hold said premises here- by released, confirmed with the appurtanances, with the said party of the second part, and to the sole and only proper use, benefit and behoof of the said party of the second part, and their assigns forever ; provided always and these presents are upon this express condition : that if the said trustees of Union College, or their successors in office, do and shall well and truly pay or cause to be paid unto the said party of the second part, or their assigns, the sum of twenty-five thousand dollars, with annual interest thereon, within two years from this date, in the manner particu- [Senate, No, 41.] 15 226 . [SENAT larly specified in the condition of a certain bond or obligatio bearing even date herewith, executed by the treasurer of sai board of trustees to the said party of the second part, that thenc and from thenceforth these presents and everything herein coi tained shall cease and be void, anything herein contained to tli contrary in anywise notwithstanding. But in case default shai be made in the payment of all or any part of said principal sui of $25,000, or the interest thereof, at the time or times when tt same ought to be paid as aforesaid, that then and in such case tt parties of the said first part, for themselves and their successo: in office, do covenant, grant, promise and agree to and with th said party and their assigns, that it shall and may be lawful ft the said party of the second part, or their assigns, at any time c times thereafter, to sell and dispose of the said premises hereb granted, or any part or parts thereof, at public yendue, to an person or persons whomsoever ; and, on such sale, to make, sig] seal and deliver any deed or deeds of conveyance in law for sai premises or the part thereof so sold to the purchaser or purehai ers, his, her or their heirs or assigns forever 5 and out of the mone arising from such sale or sales, to keep and retain in their hanc the said sum of $25,000, with the interest then due, together wit all cost, charges or expenses that shall or may be due, accru< arise or happen by reason or on account of such sale or sales ; an the overplus money, if there be any, shall, when demanded, b paid to the parties of the first part, or their successors in office c assigns. In witness whereof, the treasurer of said board of trustees ha herewith set his hand and affixed the common seal of said corpc poration, the day and year first above written. ALEXANDER HOLLAND, ? L g Treasurer of Union College. J Witnesses, H. S. VAN INGEN, T. R. VAN INGEN. Discharged 29th February, 1844. S. H. MARSH, Clerk. (Schenectady County, from book of mortgages L. 5 page 349.) This indenture, made 1st July, 1834, between William Ander- son, of the city and county of Schenectady, of the first part, and Eliphalet Nott, of the same place, of the second part. Witnesseth, that the said party of the first part, for and in consideration of the sum of five thousand dollars lawful money of account of the United States, to him in hand paid by the said party of the second part, the receipt whereof is hereby acknowledged and con- fessed, have granted, bargained, sold, released, alien and confirm- ed, and by these presents do grant, bargain, sell, release, alien and confirm unto the said party of the second part, all that certain lot of ground situated and lying in the second ward of the city of Schenectady, and bounded as follows : beginning at a stake stand- ing one chain 14 links on a corner of north 70 degrees west from the most southwesterly corner of the building or tannery erected by the party of the first part on the said premises hereby intend- ed to be conveyed, and running from thence south 43 degrees and 15 minutes east 5 chains and 15 links, thence south 13 degrees and 30 minutes east one chain, then north 81 degrees and 45 minutes east 2 chains and 35 links, thence north 37 degrees and 30 minutes west 7 chains and 79 links, and thence south 39 de- grees west 2 chains and 38 links to the place of beginning, con- taining one acre and 36 perches of ground, together with all the rights and privileges annexed to the same, and the buildings and improvements thereon, just as the same is now held, possessed and enjoyed by the said party of the first part, under and by vir- tue of a lease dated 1st Nov., 1823, executed by John Quacken- bush and Elizabeth his wife, to the said party of the first part, together with all the hereditaments and rents, issues and profits thereto belonging; to have and to hold the same to the sole use and benefit of the said party of the second part, his executors, ad- ministrators and assigns for and during the continuance of the 228 [SENATE lease by which the same is now held by the party of the first part. And also that certain lot, piece or parcel of land situated in the second ward of the city of Schenectady, beginning at the corner of Liberty and Barrett-streets, and running thence along said Barrett-street north 12 degrees and 15 minutes 68 feet and 9 in- ches, thence 73 degrees and 45 minutes east 58 feet and 6 inches, thence south 16 degrees and 30 minutes west 70 feet 3 inches to Liberty-street, and thence along the same north 71 degrees 30 minutes west 55 feet to the place of beginning, together with all and singular the hereditaments thereunto or in anywise belonging. Yearly rent $55 on above lease. INDEX Page. Soiedule No. 1. Summary statement showing the condition of Union College, on the 1st January, 1853, 5 do 2. Balance sheet Union College, 1st January, 1853, 8 do 3. Receipts and disbursements Union College from 1795 to Jan., 1853, . 22 do 4. Revenue and expenses of Union College from 1795 to Jan., 1853, . . 58 do 5. 62 do 6. Losses of Union College on the 1st January, 1853 (as admitted by 67 do 7. 69 do 8. 71 do 9. 73 do 10. 75 do 11. 77 do 12* 79 Statement No. 1. Eliphalet Nott, in general account and interest account to January > 1 t, 1853, with Union College, < 81 do 2. 85 do 3. 86 do 4. 87 do 5. 93 do 6. 97 do 7. 102 do 8. 107 do 9. 110 do 10. 111 do 11. 112 do 12. Eliphalet Nott, for balance due on Edward James mortgage, 113 do 13. do do do Wm. Andersons do 119 do 14. 122 do 15. 125 do 16. do do do D. H. Marsh bond exchanged for B. Nott, 126 do 17. do do 305 shares for Com'l. Bank stock, 127 do 18. do do balance due on J. A. Yates, note 129 do 19. do do amount of 22 notes of Yates & 130 do 20. 131 do 21. 1SS Statem't No. 22. Eliphalet Nott, for balance due on Ballet Core Ravenswood and Williamsburgh bridge and turn- 134 do 28. do do Stuyvesant Cove property, mortga- ges} taxes, assessments, &c., .... 135 230 [ASSEMBLY Statem'tNo. 24. Eliphalet Nott, D. D. Pres't U. C., for deposit Neziah Bliss, bond and mortgage, 139 ' do 25. do do for assignees Howard Nott & Co., . . 140 do 26. do do salary account, 141 do 27. do do perquisites, 150 do 28. Alexander Holland, for collections made by him on Schoharie bonds, 154 do 29. do do dividends Mohawk Bank, 157 do 30. Cost of West College buildings and site and their sale and repurchase, 158 do 31. do new college buildings and site, 161 do 32. Sales West College buildings and site in 18 12, 163 do 33. Payments made by Yates & Mclntyre to E. Nott on account lotteries and by Union College, 168 do 34. Purchase by Union College from the several institutions of their lot- ery grant, 173 Statem'ntNo.35. Settlement by E.' Nott with Yates & Mclntyre, 6th Dec., 1828, for lottery grant to Union College under act, 13th, 1814, amended 5th April, 1822, 176 do 36. Settlement by E. Nott with Yates & Mclntyre 6th Dec., 1828, for president's fund, do 37. Loans to Stillman, Allen & Co., 180 do S8. Stock and th transfers of the same in Mohawk Bank, 182 do 39. Hamilton College share of profit arising out of the supervision and management of the lottery known as the president's fund, 184 do 40. Settlement with Yates & Mclntyre, Ely & Mclntyre, 186 do 41. Alexander Holland, omission to account for $800, 189 do 42. Loan of notes of the treasurer of Union College to Eliphalet Nott, . 190 INDEX TO THE APPENDIX, Act April 9, 1795. 11, 1796. March 30, 1797. 7, 1800. 7, 1800. AprilS, 1801. 3, 1802. March 5, 1805. April 4, 1806. 11, 1811. 14, 1814. Page For library apparatus, 191 erecting buildings, 191 support of president and professors, 191 completing edifices, 192 support president and professors, 192 garrison lands, 192 do 193 by lotteries $80,000, several objects, 193 loans to college of $15,000, 195 investment of former grants in stocks Mohawk Bank, . .'. 195 several objects by lottery $284,000, 196 amendment, act 5th of April, 1822, and increase of grant, 197 200 203 207 210 5, 1822. Contract with Yates & Mclntyre for lotterys, . . Supplement to contract with Yates & Mclntyre Stipulations, &c., do do Settlement do do do Abstract title of Hunter Point property, 211 Documents relative to Hunter Point property, 216 Mortgage on College buildings and grounds, 224 do of Edward James ^to E. Nott of $14,000, 219 do of Wm. Anderson, 227 MEMORIAL Of the Trustees of Union College, To THE HON. THE SENATE OF THE STATE OF NEW-YORK! The memorial of the undersigned, the treasurer of Union Col lege, in behalf of the trustees, respectfully shows, That they have learned by the public newspapers that volumin- ous statements and schedules have been laid before your honora- ble body, purporting to be the results of an examination into the pecuniary affairs of Union College by Mr. Vanderheyden, an ac- countant appointed by a commission constituted by your honora- ble body in 1851. That the said commission was organized upon, and in conse- quence of a report of the literature committee, of which the Hon. Mr. Beekman, was chairman ; that the said report was made upon an ex parte examination, without any opportunity to any trustee or officer of the college to explain or correct any of the statements therein contained, and at so late a period of the session of the Senate, that there was no time for any examination thereof and reply thereto. That the said commission, in June and July, 1851, was aug- mented, and special instructions to enquire into and report upon certain specific points were given, and they or a majority of them were required personally to visit the college and re-examine the proceedings theretofore had in relation thereto, and investigate the facts, and were authorized to employ a proper officer to ad- minister oaths to the persons examined by them. And that there- upon, in July, 1851, a committee of the trustees of Union Col- lege, specially appointed for that purpose, addressed a letter to each of the commissioners, professing their readiness to enter on [Senate, No. 41.] 16 234 [SENATE the investigation, their desire that it should be prompt, and so- liciting the appointment of a time and place for the meeting of the commissioners. That no answer was given to the said appli- cation, except by two of the commission, Messrs. Buel and Van Rensselaer ; that no time for a meeting of the commission had been appointed, and their readiness to attend one when called. That an accountant was appointed to examine the books of ac- count of the college ; that he and an assistant have been engaged in such examination, in searching for evidence in other quarters, and in copying from the public records of Schenectady county. That neither the accountant or his assistant has sought for any explanation from the treasurer or any other officer or trustee of the college, in reference to the matters of enquiry committed to them. Mr. Vanderhyden some months since, and repeatedly after- wards, voluntarily informed the acting treasurer and the acting register of the college that he would call upon the president when he arrived at the subject of the lotteries for information and explanations ; and he has made similar communications by letter and otherwise, and that he would visit the college and submit to the president, for examination, his schedules, before the same were submitted to the commissioners for their action thereon. That this information was commicated to the trustees, who re- frained from any movement on the subject, in full faith that they would have ample opportunity to examine the said statements before they were submitted for the action of the commission. That such statement were never submitted to the treasurer or any officer of the college, and the trustees have had no opportu- nity of examining them. That some of the trustees having learned that the said state- ments had been submitted to the commission, and that a meeting of that board was to be held to consider them, in the early part of the present month of March, previous to such meeting addres- sed a letter to each of the commissioners, soliciting an opportu- nity of being heard by the board in explanation of the said state- ments, and to correct them, if necessary, before they should be acted upon by them, and sent to the Senate. No. 41 .j 235 No sucli opportunity has been afforded to the undersigned, or any officer or trustee of the college ; nor have any of the commission- ers, to the knowledge of the undersigned, visited the college or examined any of its officers. Yet the said statements, as the un- dersigned learn from the public newspapers, have been trans- mitted to the Senate by a majority of the commission, in opposi- tion to the opinions of two of their number, and have been order- ed to be printed. The trustees earnestly desire a full and thorough examination of their pecuniary affairs, believing as they confidently do, that it will result in the entire refutation of the calumnies that have been circulated on that subject ; and they claim an opportunity to explain and correct the said statements before a disinterested and impartial committee of your honorable body, which cannot well now decline proceeding with and completing the investigation into the several specific subjects ordered to be enquired into and reported on, by yourselves. They therefore pray the appointment of such a committee, who will possess legal authority to compel the attendance of wit- nesses, and the production of papers, which has become the more necessary from the secret and ex parte examinations which the undersigned learn have been made by Mr. Vanderheyden, under the authority of the chairman of the commission. ALEX. HOLLAND, Treasurer of Union College. March 12, 1853. MEMORIAL Of the President of Union College. To the Honorable the- Senate of the Slate of New- York : The memorial of the undersigned, president of Union College, respectfully showeth a That on the 12th of March, 1849, the members of the commit- tee on colleges, of which the Hon. James W. Beekman was a member, procured the passage of resolutions in the Assembly, re- quiring a fiscal report from the trustees of Union College. That report was made, and the same committee, of which Mr. Beekman, was a member, were directed to visit the college, and report the result of their examination to the subsequent Legisla- ture. That duty was performed, and the committee disagreeing, two reports were made, the one by Mr. Beekman, censuring the president and trustees ; the other by Mr. Pruyn, defending the conduct of both. To the charges in the report of Mr. Beekman, the treasurer of Union College replied, and in so satisfactory a manner, that the Assembly refused to take any further notice of the charges con- tained therein. On being informed of this, Mr. Beekman, who in the meantime had become a member of the Senate, moved in that body a reso- lution requiring the Comptroller and Attorney General to ex- amine and report on the fiscal condition of said college. On the 7th of February, 1851, the Comptroller reported to the Senate, that he had been unable to attend to the duty asssigned him. On motion of the Hon. Senator Beekman, this report of the Comptroller was referred to the committee on literature, of which the Hon. Senator Beekman was chairman. On the 12th of April, the Hon. Senator Beekman, without giving any intimation of his purpose, made an elaborate report, in which the charges previously made by him in the Assembly were repeated, new charges added, and v the conclusion previously No. 41.] 237 arrived at, re-asserted, to wit : " That the fiscal condition of Union College is unsound and improper ;" and having made this report, he moved " that the Comptroller, the Attorney-General, and John N. Campbell, one of the Regents of the University, have power to employ a skillful accountant, and send for persons and papers, to examine into the pecuniary affairs of Union College, and re- port upon the same to the next Legislature." (Senate Journal, 1851, page 526.) This ex parte report made by Senator Beekman at the very close of the session, was printed, and many extra copies of it gratui- tously circulated throughout the country. To the charges made and delinquencies set forth therein, as soon as a copy thereof could be obtained, an answer was prepared and ordered to be published. At the extra session of the Legislature convened in June follow- ing, a resolution was, at the instance of the trustees, passed by the Senate, directing the commissioners themselves, personally to visit the college, re-examine the proceedings already had, and to investigate and report to the Legislature on five specific points, derived from the general and sweeping violations of trust impu- ted in the report in question, to wit : " 1. Whether the funds granted by the State to Union College have been duly applied to the objects specified in the respective grants : " 2. Whether the permanent funds so granted remain entire, and are safely invested : " 3. Whether any funds belonging to the college have been ap- plied to any personal purpose by the president, or any other offi- cer or person : "4. Whether any and what losses have occurred in the man- agement of the college funds, and the causes of such losses : " 5. Whether the president, or any other officer, has, while in the employment of the college, participated individually in the profits of any lotteries which were appropriated, by the acts granting such lotteries, to Union College ; and that the commis- sion appointed by the resolution referred to, or a majority of them, be empowered to employ some person authorised by law to administer an oath to persons examined by such commission," 233 [SENATE And two additional members, Messrs. Buel and Van Rensse- laer, were added to the commission. As there now seemed to be a reasonable prospect that in place of another private ex parte inquest and condemnation, or vague and sweeping imputations, a fair and open trial on specific and previously stated charges, was at length to be obtained, the un- dersigned at once suspended the printing of the answer to Sena- tor Beekman's ex parte report, and placed the books of the col- lege at the disposal of the accountant appointed by the commission. Both these acts were performed by the undersigned, on his own responsibility, and contrary to the expressed opinion of the legal members of the board, who insisted that an examination of the same, by an accountant entirely ignorant of the transactions con- cerned, exposed to the iafluence of the accusing party, and in the absence of the party accused, could not be expected to be either correct or impartial. Not partaking in these forebodings, and knowing that the books contained nothing that any trustee or officer of the college wished to have concealed, the undersigned, desirous of a thorough exami- nation of the same, and an impartial exhibition before the public, of the contents thereof, called on the chairman, and afterwards on other members of the commission, and stated what he had done ; and added that when the accountant was through with examining the college books, the undersigned would place confi- dentially his own books, which contained still fuller accounts of the transactions complained of, at the disposal of the commission- ers for examination, that nothing would be concealed, but on the contrary every facility furnished for becoming acquainted with the entire truth ; and that in place of publishing the answer, al- ready in the prelk, to the charges which had been preferred, the same would, after having subjoined thereto the requisite supple- mentary evidence, be presented to the commissioners as a part of the answer of the trustees. And finally, that what the trustees desired was, that a thorough, examination might be had, and that they might have an opportu- nity to meet their accusers face to face, to reply to the charges made, and explain the difficulties that might require explana- tion. No. 41.] 239 The chairman approved of the course adopted and assured the undersigned as he did another trustee, that a thorough examina- nation should be made by himself, and that when the accountant was through with the books, the commissioners would visit the college, make the requisite personal enquiries, and give the trustees the requisite opportunity for meeting the charges made against them and explaining the difficulties which might arise, and added to the undersigned that the answer prepared to said charges, if presented to them as proposed, should be presented with their report to the Senate. Similar communications were made to other members of the commission and similar assurances received by the undersigned and by other members of the board of trustees. The same communication^ made to the chairman and other members of the commission, were also made to the accountant ; and an assurance was given by him that if any difficulties were met with, they should be presented to the trustees for explana- tion, and that the result of his examination should be exhibited to the trustees for examination before the same was presented to the commissioners for action. And just before the accountant finished his labors, the under- signed received from him information of the fact, accompanied by the assurance that he was now coming to Schenectady, and should bring with him the schedules which contained the result of his labors for examination and comparison. Nor was a doubt enter- tained that this would be the case, till informed by the public pa- pers that his statements had been made and acted on by the com- missioners, transmitted to the Senate, and ordered to be printed. The course adopted in this examination will neither be made the subject of comment or complaint, though not precisely such as the undersigned, under a change of circumstances, would have felt himself at liberty to pursue. Still it may be permitted him to add that if any such balance as is stated in the report of the commission exists against him, or indeed, if any balance whatever, the trustees, the president and the treasurer will, it is hoped, be pardoned for not having them- selves discovered it, since no traces of its existence will be found 240 [SENATE to exist in any books of the college delivered to the accountant for examination, or in any other books ever in their possession, or known by them to exist elsewhere ; and though guided by all the lights which a personal transaction of the business afforded, they have hitherto supposed that the college was indebted to its president, and not its president to the college ; still, were it other- wise, and were evidence furnished that any indebtedness on his part existed, either in law or equity, no matter whence that evi- dence was derived, he should meet it cheerfully. And this the more cheerfully, as the amount, whatever the same might be, would go to augment the resources of an institution in the further- ance of whose interests he has spent the greater portion of his life. That there are outside the college books, unliquidated items of account connected with other accounts not yet in a state for liqui- dation, kept partly by the treasurer as directed by the board, and more fully by the president, in relation to property gratuitously set apart by him, and by him secured to the ultimate use of Union College or some kindred institution connected therewith, are facts which though not hitherto desired by him to be made public, can not be denied. The right of supervizing and controlling this property during the natural life of the president, has been reserv- ed by him. Still the aid of the treasurer and of the finance com- mittee in this behalf has often been required, and the trustees ge- nerally have been kept confidentially informed in relation thereto. All which matters, though as yet private and confidential, have together \vith the books and documents in relation thereto, been submitted for the satisfaction of the successive committees hereto- fore appointed to examine into the fiscal affairs of Union College ; and all which matters and the books and documents in relation thereto would in like manner have been submitted to this com- mission, had an opportunity for doing this been afforded, as the undersigned, as well as other members of the board, were assured would be the case. Were even these unliquidated accounts examined, and the de- bits and credits as they exist therein, truly transferred to the ba- lance sheet made out from the books, or were the balance sheet of the books as the debits and credits exist there, truly exhibited by itself, it would change the whole aspect of the expose now No. 41.] 241 . made public, and present the undersigned, as is well known to those conversant with the fiscal concerns of the college to be the case, not as a debtor but a creditor of the same. But with respect to debits which have never been known to have existence in any previously existing books of account, intro- duced arbitrarily and in the absence of both the parties concerned, and without the knowledge of either, into a final balance sheet, if any reply were necessary, it could only be made by a simple and explicit denial of their having any foundation in truth. Since these things are so, it is not perceived on what principle of public justice or private expediency it has been deemed proper to make a false issue, and disturb the public mind by an appre- hension of the misapplication of trust funds, which apprehension the ultimate publication of the truth and the whole truth, must dissipate for ever. It is painful to the undersigned to speak thus, or to speak at all on a subject on which he had hoped to have been permitted to remain silent, till the revelations of the tomb should have silenced calumny and rendered inquiry for ever thereafter unnecessary. But since this has not been permitted, and since nothing but the truth which has been perhaps too long withheld, will disabuse the public mind of the slanders which have been so long and so industriously circulated, and since neither the trustees nor the undersigned have been permitted, as promised, to present their answer to the charges heretofore made, it is confidently expected that the Senate will, as an act of justice to both, appoint an impar- tial committee from their own body, before whom the undersigned may appear, with the trustees of the college, and answer to the charges heretofore made, as well as to the charges now made in the ex parte report of a portion of the late commission. All which is respectfully submitted, ELIPHALET NOTT. March 16, 1853. [Senate, No. 41. 17 TU UNIVERSITY OF CALIFORNIA LIBRARY i > ;>] ::3>":;Hs T**^ ">" ">?> s>: >-^> >, >:i :>J