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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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The estate has been conveyed to Robert Philipps , Esq ., of the Park , near Manchester , a member of the Committee , and a gentleman well known as one of the oldest and steadiest patrons of the CoiLege ; and it is thought expedient to postpone the execution of the Deed of
Trust until the debt is redeemed , when it is intended to convey it to Trustees on such trusts as may be deemed advisable . The writings are in the mean time to be deposited with the Solicitor of the Committee , in trust , as a security for the payment of the borrowed money , but no mortgage will be required .
The estate consists of about three hundred and ten acres , of which forty are in wood , and the remainder chiefly arable : —it is proposed to increase the quantity of wood-land , as the timber grows with
great luxuriance , and some parts of the estate are particularly suited for that mode of occupation . Since the purchase was made , timber has been sold to the value of 8001 ., tfre proceeds of which will be available in the course of 1826 for the
reduction of the debt : the remainder of the purchase-money will be raised from the existing property of the College , iucluding some building ground in Manchester , worth about 800 / ., the sale of which has just been contracted for , and which has hitherto been unproductive .
The money in the Stocks has been sold out at prices that leave a profit of nearly 500 / . on the investments , as will be seen by a reference to cc The state of the Funds , " at the foot of the cash account . The chief rents have been since sold on favourable terms . In relation to this investment the two following resolutions were passed , viz .
Resolved , " That the Treasurer be authorized to advance whatever sum may be necessary for completing the purchase of the estate , and that the title deeds and estate be a security for repayment of such advance , in common with the other suras borrowed for the like purpose . " Resolved , " That the Ling Moor and Oxclose Estate be held for the same
purposes and under the same conditions , as the Permanent Fund , subject nevertheless to the payment of the money borrowed for completing the purchase , until the same shall be otherwise discharged , and reserving a power to sell the estate , or any part thereof , and re-invest the proceeds , for the like purposes and on the like conditions , if such should be judged expedient . "
The following amended regulations for the admission of Divinity Students were adopted at this Meeting , and ordered to » e inserted in the future reports of the V ^ stees , instead of thoso before existing , 'lut
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4 € That no one shall be admitted as a Divinity Student , but on the recommendation of three Protestant Dissenting Ministers , residing in the neighbourhood where he lives , who shall certify , that at the commencement of his Course he will have attained the full age of sixteen ; that , on their personal examination , his
moral character , natural endowments , and classical proficiency , are found to be such as to qualify him for becoming a Student for the ministry ; and that the profession is the object of his own voluntary choice . It is required that he have read , in Greek , four books of Homer , and three books of the Cyropaedia , or the
Anabasis of Zenophon ; in Latin , four books of Virgil , two books of the Odes of Horace , and Sallust ' s History of the Catilinarian Conspiracy and the Jugurthine War : —in all these he is to be examined in any part , pointed out at the
time , without previous notice . It is also required that he shall be thoroughly acquainted with the practical rules of arithmetic , as far as vulgar and decimal fractions , as usually taught in schools . Students admitted from other academical
institutions , in any other year than the first , will be required to have made classical proficiency , proportioned to the standing which they wish to take . If they enter in the second year , their testimonials must also state , that they have been examined and found competently skilled in Hebrew , and have read the book of Genesis in the original ; if in the third year , the book of Psalms .
" It must be further understood that when candidates are admitted as Divinity Students , it is under the implied obligation on their part , that it is their honk iide intention , and that of their friends , that they shall go through the full College course , and that to quit the College at an earlier period , for the purpose of undertaking any congregational charge , cannot be sanctioned by the Trustees . "
Applications for the admission of Divinity Students on the Foundation must be addressed either to the Rev . Charles Wellbeloved , York , or to one of the Secretaries at Manchester , before the first day of May : they will be decided upon at the York Annual Meeting of Trustees ,
on the last Friday in June , when such Candidates will be preferred , as , from their testimonials , appear to be most eligible . The Divinity Students on the Foundation have every expense of lectures , board and lodging , defrayed for them .
The Chair was then taken by Mr . Samuel Kay , and the thanks of the ^ Meeting voted to Ottiwell Wood , Esq ., for his services as the President . In the afternoon of the same day , the friends of the
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Intelligence . —Manchester College , York . 376
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Citation
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Monthly Repository (1806-1838) and Unitarian Chronicle (1832-1833), June 2, 1825, page 375, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/mruc/issues/vm2-ncseproduct2537/page/49/
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