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Proceedings and Documents of the House, 1858
Volume 665, Page 254   View pdf image
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254              JOURNAL OF PROCEEDINGS [Feb. 5,

Board chose Annapolis as the place for establishing the Col-
lege—the 11th day of November, 1789, was selected for the
occasion of opening the Institution. The dedication was per-
formed with much solemnity—all the public bodies being in
attendance, and forming a long procession from the State
House to the College Hall.

Question 2d. What are, or have been, its various endow-
ments ?

Answer 2d. Twenty-nine thousand four hundred and one
dollars thirty-three and a third cents, were contributed by pri-
vate individuals, on the faith that the State would make an
annual grant in perpetuity, of $4,666 66⅔ for the College of
St. John's. This annuity the College received from 1784 to
1806, when, by act of Legislature, chapter 85, of 1805, it
was taken away. From that period until 1812, the Institu-
tion was destitute of the patronage of the State. In 1812,
for the first time, by resolution of 1811, No. 38, the College
received the sum of $1,000, which has since been annually
paid to it. This sum continued to be the only income derived
from the State, until 1824, when the proceeds of a Lottery
granted by the State, amounting to $20,000, was invested in
Bank Stock, from which there was an annual income of
$1,200. These sums amounting to $2,200, are all the College
received for its original annuity of $4,466 66⅔. It is to be
noted that this Lottery was no charge upon the State' Treasu-
ry, but was the creation of private individuals. In 1833, the
State increased her annuity to $3,000, on condition that the
College should give gratuitous tuition and books to ten boys
from the city of Annapolis, and this grant, with said condi-
tion is still made annually. In 1834, a subscription of
$10,550 was raised by private individuals, for the erection of
a new College Hall. We cannot forbear adding a fact or two
on this point. The original grant of 1805 was annulled by a
breach of the public faith, against the remonstrances of friends
of education, in the State, at the head of whom was William
Pinkney, an alumnus of the College, who appeared at the
bar of the House, as the advocate of the College. Be it said
to the honor of the private subscribers, and the city of Anna-
polis (which donated the land on which the College stands,)
that although the State violated her faith on which these lib-
eral private grants had been made, no demand for any of
their subscriptions has ever been preferred. In 1832, the
Legislature required the Visitors and Governors, in accept-
ing the annuity of $3,000, to renounce all legal and equitable
claims on the State. The Visitors and Governors conceived,
however, that they have the strongest moral claim against
the State, as may be seen by the following statement:

From 1806 to 1858, in the withholding, either in whole or

 

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Proceedings and Documents of the House, 1858
Volume 665, Page 254   View pdf image
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