MINUTES OF THE BOARD OF TRUSTEES, Dec. 11, 1901 - page 85



                                3

      We commend to the earnest consideration of the
Finance and Executive Committees the matter of the Presidents
report referring to deficit in the College funds. There can
be no question that it is desirable that the existing deficit
should be over come and liquidated if means can be adopted
to this end.


      We appreciate the difficulty of greatly curtailing
expenditures at this period of the school year.  Controlled
as they are by terms of existing contracts and
appropriations0


      We are well assured that no member of the Board would
be a party or knowingly consent to a mis-appropriation of
the college funds from whatever source derived.


      If we are so involved it is our plain duty and highest
obligations to curtail expenditure where ever possible and
avoid new sources of outlay however cogent may be
argument in its support.


                                4

      We recommend approved after the action of the Executive
Committee set forth in the Presidents report concerning
purchase of site for girls dormitory, and the refusal of
the committee because of inadequate of existing appropri-
ations, to further proceed in execution of authority of
the Board of Trustees for erecting of the Building
completed, by the Act of the Legislature.




      We recommend that at the beg inning of the next
collegiate year a uniform fee of i5-00 be charged for all
students matriculating except County appointees, in the
College for Physical Culture and training in the
gymnasium.

      We have employed and authorized employment of two
competent Physical directors, one for the boys and one for
the girls. The salaries, equipment, and maintainance of
the gymnasium will constitute a coniiderable annual
charge on the college funds which in consideration
of these added benefits it would seem equitable