Note 46 — TRANSYLVANIA UNIVERSITY

At the time of the formation of the "Transylvania Institute" (February 20, 1839), under articles of agreement between the city of Lexington and the Trustees of Transylvania University (see Deed Book No. 17, Page 42, office Fayette County Court), the city endowed the University with seventy thousand dollars; forty-five thousand dollars was to build a new medical hall and provide additional library and apparatus for the same, five thousand dollars for the Law Department, and twenty thousand dollars for Morrison College, securing permanent scholarships in each college. In consequence of a want of harmony in the Board of Trustees as to the location of the proposed medical hall, the medical professors and their friends felt obliged to purchase a lot (corner of Broadway and Second Street, where Doctor Bush's residence was afterward built) at a cost of five thousand dollars, although there was abundant space on the University grounds. This lot, to purchase which citizens contributed three thousand dollars of the five thousand, was given in trust to the University—but, by an unauthorized clause in the deed of conveyance, the lot and the medical hall erected on it at a cost of about thirty-five thousand dollars reverted to the city about 1860. On this building, which was burned during the Civil War, the medical professors also paid out of their own incomes the surplus cost over thirty thousand dollars which had been provided by the city. The medical professors also each contributed annually to the medical library, etc., ten dollars.