Copy of a Resolution Allowing
David L. Swain
to Attempt to Get a
$30,000 Loan in the "
North," September 19, 1865
No Author
Page [1]
At a meeting of
It was resolved that the Hon
David L. Swain
president of the
University of North
Carolina be empowered to borrow at the
North the sum of thirty thousand dollars
in specie to be used in purchasing the bills of the banks of
N. Carolina, the
Farmers bank at
Greensborough
, the
bank of C Fear, the
bank of Charlotte, the
Bank of Roxboro, the
merchants bank of
New Bern
with the view that the same be applied in liquidation of the debt due by the
University of North Carolina to the
Bank of North Carolina. and to
effect such loan it is resolved that Said
D L Swain
is authorised to
pledge the whole property of the said
university for
its payment.
In witness whereas I
Wm W Holden
Prs
t. of the
Board of Trustees & ex officio chairman
of said [unrecovered] have signed these presents on the day
above written
[Back] page