March 21st, 1862

September 27, 2007

Meeting of Board of Trustees. Just a quorum- Mr. Fellows being in town to supply the place of Mr. Ver Planck who is away. We directed that the Faculty do not recommend to us for A.B. students with debts which ought to be provided for, especially board and washing.
The Bishop was strongly opposed to the Board or the Faculty undertaking to regulate Commencement expenses. Thought it would be odious and difficult – that some freedom should be allowed the young men even if imprudent. Mr. Douglas agreed with him.
We had the Decree of the Court in our suit, before us. It provides expressly that bequests shall stand good towards making up our $40,000 and so will include the $15,000 from Mr. White’s estate. Mr. Smith procured it so drawn purposely. It looks very satisfactory now, if only the executors will not appeal.

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