187

Raleigh May 24th 1866.

The Board of Trustees of Wake Forest College
met. Members present J.H. Mills, John
Mitchell, G.R. French, J.G. Williams, T.E.
Skinner, C.W. Skinner, R.B. Jones, Jas. S. Purefoy
G.W. Purefoy, J.J. James, W.T. Brooks - N.J.
Palmer & James McDaniel.

On motion Bro. J.H. Mills
was requested to act as Chairman.

Prayer was offered by Elder R.B. Jones.

Dr Wait having resigned as President of
of The Board of Trustees, Elders Wingate
Walters, Royall were appointed a committee
to nominate some one to fill that office.
The committee proposed the name of
Bro. J.H. Mills, who was unanimously elected
President of The Board.

A communication was re-
ceived from The Faculty of W.F. College relative
to the condition & prospects of the College.

On motion The report recd - & adopted.

The following resolution was
offered by Elder T.E. Skinner.

Resolved that the Treas-
urer be instructed to sell the Bonds of the State
of N.C. now in his hands & invest the same
in stocks on the Raleigh & Gaston Railroad,
provided it can be done dollar for dollar or
nearly so -

After a long discussion the
resolution was posponed until tomorrow
& a committee, consisting of brethren J.J. James
J.G. Williams & G.R. French, was appointed to confer
together relative to the propriety of selling & investing
said Bonds.

W.T. Brooks, J. Mitchell &
J.S. Purefoy appointed a committee to
revise the list of the members of Board Trustees.