PROCEEDIMGS OF THE REGENTS. 89 



The stock now owned by the Institution will yiekl, during the pre- 

 sent year, (1857;) an interest of $7,380. _ 



All of which is respectfully submitted, 



JOSEPH HENRY, 

 January 21, 1857. Secretary. 



On motion of Dr. Magruder, the report was accepted and adopted. 



The statement of the treasurer for 1856 was presented and referred 

 to the Executive Committee. 



Hon. Mr. English presented the report of the Building Committee, 

 which was accepted. 



On motion of Dr. Magruder, the Secretary was authorized to have 

 the cisterns referred to in the report of the Building Committee se- 

 curely arched over with brick, and one of them to be properly ar- 

 ranged for an ice-house. 



The Board then adjourned to meet on Monday morning, at 10 

 o'clock a. m. 



MONDAY, January 26, 1857. 



A meeting of the Board of Regents was held this day at 10 o'clock 

 a. m. 



Present: Hon. James A. Pearce, Hon. James M. Mason, Hon. S. 

 A. Douglas, Hon. Wm. H. English, Hon. Benjamin Stanton, Pro- 

 fessor C. C. Felton, and the Secretary. 



The minutes of the last meeting were read and approved. 



On motion of Mr. Mason, it was 



Resolved, That the funds of the Institution deposited with Messrs. 

 Corcoran & Riggs, for the current expenses of the Institution, be 

 placed in the hands of Messrs. Riggs & Co., successors to Messrs. 

 Corcoran & Riggs. 



Mr. Pearce presented the report of the Executive Committee, show- 

 ing the receipts and expenditures for the year 1856, and the estimates 

 of appropriations for the year 1857. 



The Secretary then presented the annual report of the operations 

 of the Institution during the year 1856, which was read in part. 



The Board then adjourned to meet on Wednesday, January 28th, 

 at 6| o'clock p. m. 



WEDNESDAY, January 28, 1857. 



A meeting of the Board of Regents was held this evening, at 6^ 

 o'clock p. m. 



Present: Hon J. A. Pearce, Hon. J. M. Mason, Hon. B. Stanton, 

 Hon. H. Warner, Professor C. C. Felton, Professor A. D. Bache, 

 Hon. George E. Badger, and the Secretary. 



The minutes of the last meeting were read and approved. 



The Secretary concluded the reading of his report. 



On motion of Mr. Mason, the report of the Secretary was accepted. 



The report of the Executive Committee was then taken up and 

 adopted. 



The Secretary presented various communications, &c., to the Board. 



Adjourned to meet at the call of the Secretary. 



