FINANCIAL HISTORY OF OREGON. 163 versity, so the delegate in Congress was instructed to secure two more townships. 78 The accounts of the university fund from 1854 to 1859, in- clusive, are as follows : For the year ending December 6, 1854 : RECEIPTS. Gold coin ... .. $ 6,200 00 Securities 2,578 23 DISBURSEMENTS. Administration of funds and sales... .. $ 1,051 64 Towards erection of university... 1,50000 $ 2,55164 Balance on hand Gold coin... $ 3,648 36 Securities 2,57323 $ 6,22159 For the year ending December 6, 1855: RECEIPTS. Balance in treasury Gold coin... .. $ 3,648 36 Coin received 2,060 12 $ 5,708 48 Securities... $ 2,573 23 Securities received 65953 $ 3,23276 DISBURSEMENTS. Coin Administration of fund. $ 1,347 65 Towards erection of building 1,87720 $ 3,22485 Securities paid... 1,121 28 Balance in treasury Gold coin... .. $ 2,48363 Securities 2,11148 $ 4,59510 The sum of $87.43 of excess of treasurer's commission charged was repaid. This amount must be deducted from coin receipts and disbursements to get amount of actual transactions. For the year ending December 6, 1856: RECEIPTS. Balances in treasury Gold coin $ 2,483 68 Securities... 2,111 47 N. H. Lane, the Territorial Treasurer for 1855, did not turn over his office to John D. Boon, his successor, until January 12, 1856. There is no report for the university fund for the interim from December 6, 1855, to January 12, 1856. John D. Boon reports as having received from his prede- cessor the following : January 17, cash, $2,935.20 ; securities, $604.76 ; total, $4,539.96. This shows a shrinkage of the fund 78 Appendix to House Journal, Eighth Session, 1856-7, p. 154.
