"Resolved, That the proposition be accepted, and that the thanks of the Board be returned to Major Sutherlin for the generous donation, and that the medal be styled the Sutherlin Prize Medal for Oratory."
Rev. A. G. Brown, Financial Secretary, made the following review of the financial operations of the year:
"1. That the current expenses of this session have been promptly and fully paid to June 1st.
"2. That means are in hand to meet obligations to July 1st.
"3. That we rely principally upon the assessments and special donations to the College for the succeeding three months.
"4. That the assets of the College have been improved in value and in the amount of interest they yield.
"5. That the liabilities have been materially reduced.
"6. That the financial interests of the College are freed from legal or legislative embarrassments.
"These are gratifying results. I mention them for your information and encouragement. They are the sign of a better day. Let us consecrate ourselves to this noble institution, and, with the blessing of God on our duty faithfully performed, we may expect to see it what it ought to be in the scope of its usefulness and the development of its resources, a strictly first-class College.
(Signed) "A. G. BROWN,