REPLY OF THE TRUSTEES OF UNION COLLEGE, TO CHARGES BROUGHT BEFORE THE ASSEMBLY OF NEW-YORK, March 19, 1850; and before the Senate, on the 12th of April, 1851 (Google eBook)

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1853
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An invaluable source for understanding Nott's tangled business career.

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Page 88 - York, of the second part, witnesseth, that the said parties of the first part for and in consideration of the sum of one dollar lawful money of the United States of America, to them in hand paid by the said party of the second part, at or before the ensealing and delivery...
Page 105 - THIS INDENTURE, made this day of , in the year One thousand, nine hundred and , between of , the party of the first part...
Page 76 - April, 1822, have been fully paid, or provided for, by notes given August 1, 1828, when said contract was cancelled: and whereas the stipulation of the subscribers, entered into with Eliphalet Nott, on the 30th May, 1826, under the "Act to enable the mayor, aldermen and commonalty of the city of Albany, to dispose of tickets in a lottery heretofore granted, and to limit the continuance of the same...
Page 49 - ... trustees, and all property which shall hereafter be granted to any incorporated college or other literary incorporated institution in trust for any of the aforesaid purposes, may be held by such college or institution upon such trusts, and subject to such conditions and visitations as may be prescribed and agreed to as aforesaid.
Page 22 - Kegents, was $242,129; which sum, with all accruing future interest, is to be expended in the building, and the current expenses of the Institution. The entire income is to be divided into two equal parts, one of which is to be devoted to the increase and diffusion of knowledge...
Page 100 - Act instituting a lottery for the promotion of literature and for other purposes," passed April 13, 1814. It begins: Whereas, -well-regulated seminaries of learning are of immense importance to every country, and tend especially, by the diffusion of science and the promotion of morals, to defend and perpetuate the liberties of a free state: Therefore, 1.
Page 100 - Yor k, represented in Senate and Assembly, That there shall be raised by lottery, in successive classes, a sum equal in amount to the several appropriations made by this act, together with the simple interest accruing thereon, till the same shall be raised and paid by the managers ap~ pointed to superintend the same...
Page 67 - Albany, to dispose of tickets in a lottery heretofore granted, and to limit the continuance of the same," passed April 13th, 1826, was for and in consideration of personal services rendered, or to be rendered, and hazards run, on our account; and whereas the hazards are diminishing, while the difficulties of conducting the lotteries are increasing; therefore, in lieu of said stipulation entered into on the 30th May, 1826, and of all the personal demands arising as aforesaid, out of services rendered...
Page 50 - ... the same shall amount to a sum sufficient, in the opinion of the regents of the university...
Page 49 - ... of the following purposes: (1). To establish and maintain an observatory; (2). To found and maintain professorships and scholarships; (3). To provide and keep in repair a place for the burial of the dead; or (4). For any other specific purposes comprehended in the general objects authorized by their respective charters.

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