Page images
PDF
EPUB

3. To invest and to keep invested the proceeds of the said sales in stocks or securities of the United States or of this State; but if this should be impracticable, so that an income therefrom of at least five per centum per annum upon their par value could not be realized, then to invest such proceeds in some other safe stocks, (the safety of which other stocks the University shall guarantee,) upon which an income of at least five per centum, as aforesaid, can be realized.

4. To pay all expenses of locating and selling said lands, and all taxes which may be assessed thereon, or upon the proceeds thereof.

5. To apply faithfully the income arising from the avails of the sales of said lands in endowing, maintaining and supporting a College in said University as aforesaid, for the objects as aforesaid, so that no portion of said proceeds or income therefrom shall be used in the erection, preservation, purchase or repairing of any building or buildings, for the College, or other purposes; provided, however, that a portion of said proceed of said sales, not exceeding one-tenth part thereof, may, at the discretion of the Corporation, be expended according to said Act of Congress, in the purchase of lands for sites, or an experimental farm, whenever said Corporation shall so determine.

6. To educate scholars, each at the rate of one hundred dollars per annum, to the extent of the entire annual income from said proceeds, subject to the proviso as aforesaid; the Governor and Secretary of State, to have the right on or before Commencement Day of each year, and in conjunction with the President of the University, to nominate candidates for vacancies occurring in said College or Department as

aforesaid, at the beginning of each Collegiate year; and students admitted to said College, and pursuing studies therein by virtue of said fund, are not to be excluded from the regular scientific and classic studies. of said University, and are to be subject to the laws and regulations of the University, in entering and remaining thereat; and are to be graduated with the degree of Bachelor of Philosophy or Bachelor of Arts, or are to receive a certificate for a partial course, according as the case may be.

7. To assume upon itself all the responsibilities and duties which are imposed upon the State by the said Act of Congress; and also all the duties imposed upon Colleges endowed under the provisions of the said act, and to be entitled to all the privileges and immunities conferred thereby upon the State, and upon institutions endowed thereunder.

To make to the Governor of the State an annual report, a copy of which shall be communicated to the General Assembly, of all lands located and sold, until the whole is disposed of, the amount received for the same and how invested, and of the appropriations made of the proceeds therefrom, and stating the number of the students to whom the same have been applied, and of all other matters prescribed by said Act of Congress as aforesaid.

Resolutions accepting the grant of land, made by the United States for an Agricultural College :

Resolved, The Senate, concurring with the House, in the passage hereof, that the General Assembly of the State of Rhode Island, does hereby, express its acceptance in behalf of the State, of the benefit of the provisions of Chapter CXXX, of the Statutes of the United States, passed at the Second

Session of the Thirty-seventh Congress, and approved July 2d, A. D. 1862, donating public lands to the several States and Territories, which may provide Colleges for the benefit of Agriculture and Mechanic. Arts, upon the terms and conditions in the said act, contained and set forth; and that the faith of the State be, and is hereby pledged to the United States that, upon the receipt of the scrip provided to be issued under the said Act of Congress, it will faithfully apply the proceeds thereof to the objects, and in the manner prescribed by this act.

Resolved, That His Excellency the Governor be, and he hereby is, requested no notify the President of the United States, without delay, of the accepting by the Legislature of this State of the donation of scrip for one hundred and twenty thousand acres of the public lands of the United States, (that quantity being thirty thousand acres for each Senator and Representative in Congress from this State,) made by the provisions of Chapter CXXX, of the Statutes of the United States, approved July 2d, 1862, donating public lands to the several States and Territories, which may provide Colleges for the benefit of Agriculture and the Mechanic Arts, upon the terms and conditions in the said act contained and set forth, and to furnish at the same time a copy of said notification to the Secretary of the Interior.

Resolved, That His Excellency the Governor be, and he hereby is, fully authorized and empowered by himself or his order, to receive from the Secretary of the Interior, or any other person authorized to issue the same, the land scrip to which this State is entitled, under the provisions of Chapter CXXX, of the Statutes of the United States, passed at the second

Session of the Thirty-seventh Congress, and approved July 2d, A. D. 1862, donating public lands to the several States and Territories, which may provide Colleges for the benefit of Agriculture and the Mechanic Arts, and to hold the said scrip subject to the future order of this General Assembly.

BROWN UNIVERSITY CATALOGUE.

Departments of Practical Science have been established in the University for the benefit of students. who wish to prepare themselves for such pursuits as require special knowledge of the mathematical and physical sciences and the application of these to the industrial arts.

In these departments provision has also been made for sources of instruction in "such branches of learning as are related to Agriculture and the Mechanic Arts." This provision has been made in accordance with an "Act of Congress granting lands for the establishment of Agricultural Colleges," and with "Resolutions of the General Assembly of the State of Rhode Island accepting these lands, and assigning the same to Brown University." Students who enter for these studies only, either in full or in part, are subject to the same conditions of admission as for any select course; and when they have duly pursued such studies, they will be entitled to a certificate stating the time of their residence at the University, and the amount of their acquisitions. They may, however, pursue these studies in connection with the "regular

scientific and classical studies of the University," and when they have so pursued them as to fulfill the requirements for the degree of Bachelor of Arts or of Bachelor of Philosophy, they will be entitled to such degree.

[blocks in formation]

REPORT OF THE CORPORATION OF BROWN UNIVERSITY relative to the lands granted by the United States to the State of Rhode Island, for the establishment of an Agricultural College.

TO HIS EXCELLENCY JAMES Y. SMITH, Governor of the State of Rhode Island, etc.

The Corporation of Brown University respectfully present this, their first Annual Report, in conformity with the Eighth Section of the Agreement in the resolution "Assigning to Brown University the Land Scrip granted by the United States to the State of Rhode Island for the establishment of an Agricultural College," passed by the General Assembly at the January Session, 1863.

By the said Section, the Corporation is "to make to the Governor of the State an annual report, a copy of which shall be communicated to the General Assembly, of all lands located and sold, until the whole is disposed of, the amount received for the same and how invested, and of the appropriations made of the proceeds therefrom, and stating the number of stu

« PreviousContinue »