78 BOARD OF REGENTS. 



in presence of each other, have become witnesses hereto this 14th day of February, in 

 the year 1851. 



JOSEPH VANNINI, 

 102 Joraelimon street, Brooklyn. 

 WILLIAM LETTS, 



of Jamaica. 

 Codicil. 



I give and bequeath to my friend, Edwin Coffin, the sum of five thousand dollars, 

 in trust for my daughter, ltosina, now at Turk's island. 



his 

 THOS. + WYNNS. 

 mark. 

 "Witness : 



John Arthur, Jr., 

 F. E. Lindsay. 

 Brooklyn, 21s;! February, 1851. 

 "Will proved March 8th, 1851. 



On motion of Mr. Colcock, it was — 



Resolved, That the said will bo referred to Mr. Mason, with a request that he would 

 correspond with an agent in New York, to ascertain the value of the estate so devised, 

 and whether any and what measures may be necessary to preserve and secure the 

 interests of the institution under the said will. 



The Secretary informed the Board that since the last meeting he 

 had taken the certificates of the stock belonging to the institution, 

 amounting to $180,000, from the safety vault of the Secretary of 

 the Senate, and had given them in charge to Messrs. Corcoran & 

 Biggs on the terms prescribed by the Board at their last meeting. 

 He also stated that the certificates were not yet finally transferred 

 to the bankers, but stand in the name of the Chancellor and Secre- 

 tary as security for the stock itself. On the proceeds of this stock, 

 which at sixteen per cent, premium amounts to $208,000, the insti- 

 tution is to receive interest at the rate of five per cent, per annum. 



The Secretary was requested to obtain from Messrs. Corcoran & 

 Biggs a written account of the agreement with reference to the- 

 aforementioned transaction. 



The Board then adjourned to Saturday, the 14th of February 

 next. 



February 14, 1852. 



The Board met this day at 11 o'clock, a. m. 



Present, Mr. Taney, Chancellor ; Messrs. Colcock, Fitch, Lenox, 

 Mason, Meacham, and Totten, of the Begents ; and Mr. Seaton, 

 treasurer. 



The Secretary presented a written statement from Messrs. Cor- 

 coran & Biggs relative to the sale of stock belonging to the institu- 

 tion, and the deposit of the certificates of United States stock as 

 security therefor. 



A proposition was submitted from Dr. H. Stone, of New York, 



