Page:History of the University of Pennsylvania - Montgomery (1900).djvu/505

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At a Common Council held at Philadelphia for the City of Phila- delphia the 30^ Day of July 1750. PRESENT. Thomas Lawrence, Esq r, Mayor William Allen, Esq r, Recorder Samuel Hassell Edward Shippen Benj a Shoemaker Joseph Turner Robert Strettell Esquires, Aldermen. Septimus Robeson John Mifflin John Stamper Benj a Franklin Tho s Hopkinson Phineas Bond Tench Francis Tho s Lawrence, jun r Samuel Rhoads George Mifflin W m Coleman The Recorder acquainted the Board there is a Design on Foot for the Erecting a Publick Academy and Charity School in this City, for instructing Youth in the several Branches of useful Learning, And that divers of the Inhabitants have subscribed liberally towards it ; But as this Undertaking is attended with a great Expence in the Beginning, some further Assistance is necessary to carry it into Execution in the best Manner. And as this Corporation have a considerable Sum of Money in the Hands of their Treasurer, and have likewise an Income of about Three Hundred pounds p. Annum, besides Fines and Forfeitures, the Recorder proposed that it might be considered, Whether this Design for the Advance- ment of Learning, be not worthy of some Encouragement from this Board, as their Circumstances may very well afford it. The Board having taken this Affair into Consideration, and it appear- ing to be a Matter of Consequence, and but a small Number of the Mem- bers now present, it was thought proper to referr the further consideration thereof to the next Common Council : It is therefore Ordered, That the Members of this Board have Notice to meet Tomorrow at four a Clock in the Afternoon, to consider of a Proposal of contributing a Sum of Money for the Encouragement of the Academy & Charity School now erecting in this City.