154 
PHILADELPHIA COLLEGE OF PHARMACY. 
MINUTES OF THE PHILADELPHIA COLLEGE OF PHARMACY. 
At a stated meeting of the Philadelphia College of Phar- 
macy, held Ninth month 28th, 1846, 
Daniel B. Smith, President in the Chair, 
The following Report presented by Warder Morris, 
Chairman of the Committee on Finances, was accepted, and 
the committee discharged, with the thanks of the College for 
their services. 
The committee appointed in 1S44 on the finances of the 
College, have the satisfaction to report that they have at 
length brought the business intrusted to them to a conclu^ 
sion. The debt of the College at the time of their appoint- 
ment was 07,800, which was held chiefly by members of 
the College. Its inability to pay the interest on this debt 
would soon have rendered the College bankrupt, and the 
committee feel proud of the liberality and public spirit 
with which the members have responded to the appeal 
made to them. Twenty-six shares amounting to $2600, 
have been assigned to the College, and donations in money 
to the amount of $242 have been received in aid of the In. 
stitution. In addition to this sum there have been paid 
over to the committee by a resolution of the College, $100 
of the monies in the hands of the committee of publication, 
$116 proceeds of the sales of directions for patent medi- 
cines, and $392 from the sale of Latin labels, and with these 
sums they have been enabled to purchase twenty shares of 
the loan. They have also received from the committee on 
the latter subject, seventy-five books of Latin labels, with 
which they have purchased two additional shares, making 
in all forty-eight shares which they have extinguished — 
thus relieving the College from the annual charge of $2SS. 
The committee flatter themselves that this timely aid will 
not only enable us to meet our engagements, but to form a 
