UNIVERSITY COUNCIL.
(Per Press Association.) Dunedin, last night,
At a meeting of tho University Council a letter was received, handing over to the Counoil the balanoe oi the endowment fund for the UDiversity. The first effort to pay off the overdraft, with Government subsidy, amounted to £2400. The Dunedin Savings Bank, out of profits, had contributed £6500, and Mr Wollf Harris £2OOO. Altogether £17,000 bad been raised for the University. It was resolved to ask the Government to pay subsidy on the sum just banded over. A committee ; appointed in connection with the dentist school submitted a draft of a letter to be sent to Iho Minister of Education. The cost of the buildiDg would be £ISOO. Of that £IOOO bad been subscribed by dentiste.and the Government was asked to find the remainder. The estimated cost of running the sohool in full working order was £BOO a year, but the committee thought a start should be made on £6OO a year. Five hundred pounds was available out of a Government grant for specialisation, contingent on the Governmsnt continuing to vote £750 to the mining sohool. After some discussion it was decided to oont’nue the comm'tioe, with instructions to obtain all information as to the probable attendance at the school
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Gisborne Times, Volume XIX, Issue 1668, 7 February 1906, Page 2
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209UNIVERSITY COUNCIL. Gisborne Times, Volume XIX, Issue 1668, 7 February 1906, Page 2
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