24 STATE BOARD OF AGRICULTURE. 



A SUMMARY OF THE RESOURCES OF THE MICHIGAN AGRICULTURAL 



COLLEGE. 



Farm, buildings and equipments, as per inventory on pp. 20-21 $448,080 12 



Agricultural College trust fund, from sale of lands of United States grant 357,619 20 



Balance due on purchase money " " " " " 97,016 87 



119,585.86 acres @ $5 per acre yet unsold " " " " 597.929 30 



800 acres @ $5 per acre yet unsold of swamp land grant 4,000 00 



Total $1,504,645 49 



The 119,585.86 acres yet vacant of the U. S. land grant are given in detail 

 as located in the different counties in table No. 16, page 19. 



The 800 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. 



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

 1889) of the fifth column of table No. 11, page 17. 



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. 10, page 16 §499,122 12 



Less the payments made on these sales, constitutiDg the trust fund 357,619 20 



§141,502.92 

 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. 10 page 16 44,486 05 



$97,016 87 



