Colby Bicentennial Seal 1813-1863

Aug. 1, 1863

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The Trustees received the treasurer’s report. The total resources of the College, excluding real estate, are $34,141.25. Expenditures for the ensuing year include salary of faculty, $5,500; allowances to students in scholarships, $800. Resources to meet expenses in ensuing year include probable amount of tuition, $2,800, and rent of President’s house and lands, $130.