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0203

and it is provided that upon a dissolution of the Corporation from any cause all property belonging to it, or held in trust for it, shall go to and become the property of that university.

Private citizens of Mobile contributed large sums of money towards the fitting up of the College, and their claims upon us to do nothing to hazard their rights are high.

An acceptance of the lease proposed would unquestionably be a diversion of the College building from the sole and exclusive use, benefit and puposes of said College. It would moreover hazard the loss of the property and jeopardize the existence of the College itself. It would be a violation of our trust, and that without any excuse whatever: for the Faculty are anxious to resume their lectures as soon as possible after the building is repaired; and the Board of Trustees is now ready to put upon the building the repairs it stands so much in need of, so soon as it can be applied to the purpose of its erection; repairs, I may add, which will cost double the amount you propose to expend upon it.  

I was further instructed to call your attention to the fact that the property in question now was "abandoned property" under the laws of the United States, nor did the 

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Filled in missing parts of sentences.