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University of Virginia: Application of the Funds of the University of Va., ca. 31 Dec. 1823?, 31 December 1823

			Application of the funds.
		1820.		D
Funds of the University		Apr.	Debts	10,000
Apr. 1. 1st loan	40,000	Dec. 31.	To compleat the 7. Pavilions & 31. Domitories first built	18,000
Oct. do	20,000		Caps & bases of 60 Tuscan & 6. Doric columns	766.
			the 1st half for the 3. pavilions & 24. Dormitors begun this year.	13,800
			the 1st half for the 3. Hotels & 25. Dormitors begun this year.	9,500
			2d Payment to Dr Cooper	750.
			Residuary expe of this year, Bursar, Proctor, laborers, contingencies	3,500.
			Interest on the 1st loan	2,000.
			Balance remaining on hand	1,684
	60,000			60,000
1821		1821.
Jan. 1. Balance	1,684	Apr. 1.	17. Marble capitels from Italy. cost 1632 D freight 152. D	1,784.
Annuity	15,000	Dec. 31.	2d half of the 3. Pavils & 24. Dorms begun last year	13,800
Oct. 1. 2d loan	60,000		2d half of the 3. Hotels & 25. Dorms begun last year	9,500
			Caps & Bases of 60. Tuscan columns	697
			Caps & Bases of 21. Doric do & Bases of 17. Ion. & Corinthn do 1218 / 291/192)	1,701.
			3. Hotels & 25 Dorms on West street to be built this year	19,000.
			Library. walls & terrasses 1,050,000. bricks & stone work	14,452.
			Residuary expences of this year	3,500.
			Interest on 120,000.D.	4,500.
			Balance remaining on hand	7,750
	76,684.			76,684.
1822.		1822.
Jan. 1. Balance	7,750	Jan. 1.	Library. 10 Marble capitels. cost 316.30 freight 32 D each.	4,876.
Annuity	15,000		8. half do 158.15 16
Arrears	3,897	Dec. 31.	roof, windows, doors, floors, stairs, bases	10,871.
			Walls of backyards, Necessaries, gardens, 100,000. bricks	1,200
			Residuary expences of this year	2,500
			Interest on 120,000.D.	7,200
	26,647			26,647.
1823.		1823.
Jan. 1. Annuity	15,000	Jan. 1.	Balance in arrear.	3,897.
1824.		Dec. 31.	Library. Interior	13,476
Jan. 1. Annuity	15,000		Residuary expences of this year	2,500
			Interest on 120,000.	7,200
	30,000.		leaves surplus 2.927 +	27,073
Subscriptions due
Oct. 2. 1820.	24,877.

			D
1825.	Jan. 1.	Amount of debt	120,000.	1834.		Brought forward	59,097
		Interest of preceding year	7,200		Jan. 1.	Interest	3,546
			127,200				62,643
		Payment	12,500			Payment	12,500
			114,700				50,143
26.	Jan. 1.	Interest	6,882	35.	Jan. 1.	Interest	3,009
			121,582				53,152
		Payment	12,500			Payment	12,500
			109,082				40,642
27.	Jan. 1.	Interest	6,545	36.	Jan. 1.	Interest	2,439
			115,627				43,091
		Payment	12,500			Payment	12,500
			103,127				30,591.
28.	Jan. 1.	Interest	6,188	37.	Jan. 1.	Interest	1,835
			109,315				32,426
		Payment	12,500			Payment	12,500
			96,815				19,926
29.	Jan. 1.	Interest	5,809	38.	Jan. 1.	Interest	1,195
			102,624				21,121
		Payment	12,500			Payment	12,500
			90,124				8,621
30.	Jan. 1.	Interest	5,407	39.	Jan. 1.	Interest	517
			95,531.				9,138
		Payment	12,500			Payment	9,138
			83,031				✴
31.	Jan. 1.	Interest	4,982
			88,013
		Payment	12,500
			75,513
32.	Jan. 1.	Interest	4,531
			80,044
		Payment	12,500
			67,544
33.	Jan. 1.	Interest	4,053
			71,597
		Payment	12,500
			59,097

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Source Project: Jefferson Papers
Title: University of Virginia: Application of the Funds of the University of Va., ca. 31 Dec. 1823?, 31 December 1823
Author: Jefferson, Thomas
Date: 31 December 1823

Reference

Cite as: “University of Virginia: Application of the Funds of the University of Va., ca. 31 Dec. 1823?, 31 December 1823,” Founders Online, National Archives, https://founders.archives.gov/documents/Jefferson/98-01-02-3947. [This is an Early Access document from The Papers of Thomas Jefferson: Retirement Series. It is not an authoritative final version.]