86 
MINUTES  OF  THE  COLLEGE. 
further  secured  by  a  policy  of  insurance  on  the  buildings  to  be  erected 
thereon  by  this  College. 
"  Resolved,  2d.  That  the  President,  Secretary  and  Treasurer  are  here- 
by authorized,  directed,  and  empowered,  on  behalf  of  the  College-,  to  make 
the  necessary  agreements  with  the  parties  concerned,  and  to  sign  and 
execute  the  necessary  papers,  in  order  to  carry  into  effect  the  preceding 
resolution,  and  to  use  the  corporate  seal  of  the  College  therefor.  . 
"And  it  is  further  Resolved,  3d.  That  the  Secretary  be  directed  to 
certify  under  his  signature,  to  the  parties  concerned,  that,  at  a  special 
meeting  of  the  Philadelphia  College  of  Pharmacy,  duly  called,  and  held, 
after  due  notice,  Dec.  10th,  1867,  for  the  purpose  of  acting  upon  a  propo- 
sition to  buy  a  new  location  for  the  College  building,  there  being  present 
a  full  quorum  of  members,  the  preceding  resolutions  were  duly  moved, 
seconded  and  adopted  ;  and  to  furnish  a  copy  thereof  to  Samuel  Bettle, 
in  lieu  of  an  agreement,  until  the  title  can  be  transferred. 
Ambrose  Smith, 
Edward  Parrish, 
James  T.  Shinn, 
Philada.,  12th  mo.  10;  1867.  Committee." 
[  The  resolutions  were  read  by  sections,  considered,  and  adopted. 
On  motion,  Ambrose  Smith,  Edward  Parrish  and  James  T.  Shinn  were 
appointed  to  effect  the  purchase  of  the  property,  under  the  resolutions. 
The  report  from  the  Committee  appointed  by  the  College  at  its  semi- 
annual meeting  was  again  taken  up,  and  read,  as  follows  : 
"  Whereas,  The  Board  of  Trustees  of  this  College  have  had  under  con- 
sideration the  subject  of  increased  accommodations  for  the  School  of 
Pharmacy,  and  at  the  annual  meeting  of  the  College,  held  in  March  last, 
a  Committee  was  appointed  to  co-operate  with  the  Board  of  Trustees, 
with  the  view  of  effecting  such  increased  accommodations;  and 
"  Wliereas,  The  said  joint  Committee  did  not  feel  themselves  authorized 
to  purchase  a  new  site  for  the  College,  without  special  instructions  to 
that  effect  from  the  College, — this  College,  taking  into  consideration  the 
importance,  now  amounting  to  almost  a  necessity  for  such  action,  do 
"■Resolve,  1st.  That  a  Committee  be  appointed  by  the  College  to  con- 
sider the  ways  and  means  whereby  a  new  building  for  the  accommodation 
of  the  College  can  be  had. 
"2d.  That  the  Committee  be  empowered  to  solicit  donations  to  a  fund, 
to  be  called  the  'building  fund.'' 
"  3d  That  the  Committee  be  also  empowered  to  ascertain  what  amount 
can  be  obtained  on  a  loan,  secured  by  the  issue  of  scrip  by  this  College, 
for  a  period  of  ten  years  ;  said  scrip  to  have  cotui.*1  a'tictK  d  for  the  in- 
terest, payable  semi-annually. 
"  Wi.  The  Committee  are  hereby  authorized  and  empowered  by  this 
College  to  proceed  in  the  erection  of  a  building  for  the  accommodation 
of  the  College,  whenever  funds  arising  from  the  sale  of  the  present  College 
