COLLEGE ACCOUNTS. 19 



INVENTORY. 



Brought forward. $330,318 95 



Chemical Department — Furniture and fixtures $451 50 



Physical apparatus 6,501 50 



Chemical apparatus and chemicals -. 4,867 75 



11,820 76 



Mathematical and Engineering Department — 



Surveying instruments, etc --. $1,222 20 



Telescope, magic lantern and views - -- 1,179 00 



2,401 20 



Botanical Department — Museum $4,145 00 



Microscopes and other apparatus 1,961 32 



Furniture and fixtures 77 35 



6,183 67 



Library — Books and pamphlets $18,550 00 



Furniture-. -. 1,295 50 



19,845 50 



General museum — Collections and cases .- 11,850 00 



College Hall -Furniture 946 50 



Williams Hall— Furniture 125 00 



Secretary's office 396 00 



President's office 223 00 



Apiary — Bees, stock and apparatus 627 00 



Armory — Furniture and military equipments _ 399 50 



Flag-staff and flags..... 200 00 



$385,237 07 



A SUMMARY OF THE RESOURCES OF THE MICHIGAN AGRICULTURAL 



COLLEGE. 



Farm, buildings and equipments, as per above inventory $385,237 07 



Agricultural College trust fund, from sale of lands of United States grant. 328,065 20 



Balance due on purchase money " " " " 120,284 04 



122,404.64 acres @ $5 per acre yet unsold " - " 612,023 20 



880 acres @ $5 per acre yet unsold of swamp land grant 4,400 00 



Total. ■ $1,450,009 51 



The present amonnt of the trust fund is taken from the last line (that 

 for 1887) of the fifth column of table No. 10, page 15. 



The balance due on purchase money is reported by the Commissioner of 

 the State Land Office, and consists of the total amount for which the Col- 

 lege lands have been sold up to the present time, i. e.: 



The total of the tenth column in table No. 9, page 14 $479,244 72 



Less the payments made on these sales, constituting the trust fund 328,065 20 



$151,179 52 

 And less balances unpaid on abandoned descriptions which have reverted 

 to the State by forfeiture for non-payment of interest, as shown in column 

 eleven of Table No. 9, page 14.. 30,895 48 



$120,284 04 



The 122,404.64 acres vet vacant of the U. S. land grant are given in 

 detail as located in the different counties in table ISTo. 15, page 17. 



The 880 acres of swamp land is what still remains unsold of a grant from 

 the State to the College of swamp lands located in the townships of Lansing 

 and Meridian in Ingham county, and Bath and De Witt in Clinton county. 



