Colby Bicentennial Seal 1813-1863

July 28, 1829

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A committee assigned to report ways and means to replenish the treasury, recommended that a letter be addressed to each Baptist Society in the state asking their assistance and another letter addressing the Publick generally and soliciting their favourable attention and aid to this Institution, and that the Prudential Committee be authorized to obtain a loan, not exceeding two thousand dollars, to meet the demands on the treasury. The board also hired a professor of mathematics, George Washington Keely. Keely’s salary set at six hundred dollars.

The Trustees also agreed to establish the Theological Department and that a theological professor be appointed and that the position remain permanent. Appointed Dr. Chaplin, the president, professor of divinity at the College.