28

MEETING OF THE EXECUTIVE COMMITTEE.
Raleigh, N. C. Sept 8 1906.
The executive committee of the Board of Trustees of
Wake Forest College met at the call of the Chairman.
Present: Carey J. Hunter, Chairman; J. W. Bailey,
L. Johnson, R. E. Royall, W. C. Tyree and R. T. Vann.
Also, by invitation, President W. L. Poteat and Attorney
W. N. Jones.

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The object of the meeting as explained in the
call, was to appoint a main to raise out $150,000
additional endowment.

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[* Prof. Carlyle raise Endowment *]
Upon motion of J. W. Bailey, Prof. J. B. Carlyle
of the Chair of Latin was unanimously appointed to the
important task. He is to receive a salary of eighte en
hundred dollars per annum, while engaged in this work.
His travelling expenses are also to be paid by the
College.

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[* Agents *]
President Poteat and Prof. Carlyle were empowered
to employ an agent or agents to canvass the field in
connection with the raising of said additional endowment
and to arrange compensation for said agents, and also
their expenses.

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A loan of $5000 made by Investing Committee
to Caraleigh Mills Co, signed by nine (9) of the
directors of that corporation as individuals, was
approved by the Executive Committee.

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[* Care for Students *]
Upon motion of W. C. Tyree, the faculty was
authorized to make such arrangesments for taking care of
the students--procuring board and lodging for them-- as
the faculty may deem necessary.

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[* Com. to Appraise *]
C. J. Hunter, W. N. Jones, T. H. Briggs and
R. E. Royall, were appointed a Committee to make an
appraisal of the College property.

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[* Hotel lot and Commons Hall *]
W. L. Poteat, L. R. Mills and R. E. Royall were
appointed a Committee to report on an advisability of
selling a lot in the College Campus for the purpose of
building a hotel. To the same Committee is referred the
matter of establishing a Commons Hall.

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The Committee then adjourned.

R. E. Royall, Secretary.