David Watson
Miscellaneous Memoranda
[c. 1 April 1821]
1821. An Act was passed, by our Assembly with much difficulty, authorising the rector &
visitors of the University of Virga. to borrow $60 thousand dollars to finish the buildings, &
put the University into operation.
In Jan: 1819 the law past establishing the University at the site of the centl. College, in
Albemarle, near Charlottesville, with an endowment from the literary fund of 15 thousand $
Annum--At the last session of our Assemby, the University was suthoris'd to borrow $60
thousand; estimated then to be sufficient to finish the buildings; & upon the application for
more money, at this session, much discontent was manifested by the Members--the bill was
rejected by one vote; & passed, on reconsideration, next day.
AD (extract), ViU:Watson Family Papers, Miscelleanous Memoranda, 32).
