Page:The History of the University of Pennsylvania, Wood.djvu/36

30 FINANCES OF THE COLLEGE.

view of the college would be incomplete, without some account of its financial concerns. The original fund with which the trustees ventured on their undertaking was the sum of two thousand pounds, payable in five annual instalments, subscribed by the individual members of the board. To this sum a very considerable addition was soon made by subscriptions, on the same terms, obtained among the inhabitants of the city; and the resources of the institution were afterwards augmented by donations and legacies, by public collections in churches and at the commencements, and by the proceeds of lotteries. From these various sources, in the