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government, by enlisting in their support a greater mass of intellectual force,
These considerations entitle it to the highest regard from every enlightened
community, more especially from a community whose government is maintain-
ed by a representation, mutable in its nature, and selected indiscriminately from
the mass of the people: And whereas, the University of Maryland, under the
patronage of the state, and the more immediate management of an able and
learned faculty, has, in the course of a few years, notwithstanding the obstacles
of limited means and formidable competition from older institutions, attained to
a highly reputable rank, from which it not only reflects honour upon the state
and the individuals who support it, but also contributes very extensively to the
public advantage, as well in the large expenditure of money which it induces
in the state, as by the facilities it affords to education. It is therefore deemed a
subject of urgent importance that this institution should receive such aid and
support from the government, as the public resources may enable it to afford:
And whereas the professors of the University have, with a zeal highly honoura-
ble and patriotic, contributed from their personal means to the enlargement of
the capacities of the institution, in the erection of additional buildings, and in
the purchase of expensive and valuable apparatus, in order the better to pro-
mote the objects of the University, looking only for remuneration tor these ex-
traordinary expenditures from the future profits of the institution, and the gains
of a lottery heretofore granted by the legislature: And whereas it is a matter of
pressing necessity to the interests of the University, that some means should be
resorted to, for the purpose of giving them such a credit as will enable them to
borrow money for the completion of buildings now erecting, and hereafter to
be erected, and the payments of debts now due; and as it is found to be a diffi-
cult matter to obtain loans upon the faith of the lottery or lotteries authorised
by law, and as the state feels a very friendly disposition towards the encourage-
ment of this valuable institution, and is disposed to extend towards it all the
patronage and protection which the exhausted condition of the country, and
the narrow means of the government, have left in its power; Therefore,
Resolved, That the regents of the University of Maryland be and they are
hereby authorised to borrow a sum or sums of money not exceeding fifteen
thousand dollars, and that the state of Maryland is hereby obligated to pay the
said loan or loans, or such part thereof as may remain unpaid, on the first day
of June in the year eighteen hundred and twenty-six, in five equal yearly pay-
ments, commencing on the said first day of June in the year eighteen hundred
and twenty-six, and paying each subsequent payment on the first day of June
in every year thereafter, until the whole amount shall be paid
And further resoled, That the state will not assume the payment of the in-
terest upon the said loan or loans, but that the payment of the same be left to
the Regents and Faculty of the University, to be paid in such manner as they
may deem proper.
And further resolved, That the said Regents shall from time to time faithfully
apply the proceeds of the lottery or lotteries granted by law, to the extinguish-
ment of the said loan or loans, until the whole amount of such loan or loans
shall be paid, and in default of such faithful appropriation, the state is hereby-
declared to be free from any obligation in virtue of these resolutions.
And further resolved, That the state managers of the lottery or lotteries for
the benefit of the University, to be appointed by virtue of an act of assembly
passed at the present, shall report annually to the general assembly the condi-
tion of the funds of the University derived from the said lottery or lotteries,
what portion of said funds has been paid towards the extinguishment of the
said loan or loans, and all other matter of importance in relation to the same.
And further resolved, That the faith of the state is hereby pledged for the ful-
filment of any contract made in pursuance of these resolutions.
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Passed Feb. 10
In favour of Eli-
zabeth L. Gassaway.
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No. 15.
RESOLVED, That the treasurer of the western shore be and he is hereby au-
thorised and directed, to pay to Elizabeth L. Gassaway, of the city of Annapo-
lis, or to her order, in quarterly payments, during her widowhood, a sum of
money equal to the half pay of a captain, as a further compensation for those
services rendered by her late husband, John Gassaway, during the revolutionary
war.
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