[Illustration: BENNETT PURYEAR, A. M., LL. D., _Professor Chemistry Randolph-Macon College; Chairman Faculty and Professor Chemistry, Richmond College._] At the meeting of the Board held June, 1847, President Smith reported that the session had been pleasant and the prospects of the College improving. The success of the Agents in their work gave promise of better financial conditions. A committee was appointed to reorganize the Preparatory School system, and it was proposed to establish one or more at salient points. [Illustration: WM. A. SMITH, D. D., _President of Randolph-Macon College, 1846-1866. President Central College, Missouri._] Professor J.W. Hardy tendered his resignation, which was accepted. He had been elected President of La Grange College, Alabama, where he died after a short service. The following received degrees: A. B. BENNETT PURYEAR, Va. JOHN MOODY, Va. R. H. BEALE, Tenn. A. M. W. C. DOUB, N. C. JOHN LYON, Va. T. C. JOHNSON, Mo. ARCHIBALD CLARK, Va. THOMAS H. ROGERS, Va. JOHN HOWARD, Va. D. D. REV. D. S. DOGGETT, Va. REV. EDWARD WADSWORTH, Ala. At a meeting of the Board held at Charlottesville November 17, during the session of the Virginia Conference, a further issue of life-scholarships was authorized. The committee on Preparatory Schools reported in favor of retaining the old school at the College under certain rules, and the establishment of one at Ridgway, N. C., under a contract with the Trustees of the Ridgway Academy, with William C. Doub, A. M., as Principal; also of one at Garysburg, N. C., with C. B. Stuart, A. M., as Principal. At the close of the year, June, 1848, the President in the annual report reported increased patronage, and a session marked by studiousness and good order among the students. The number in the College and the Preparatory School was about one hundred and forty. The graduates receiving degrees June, 1848, were-- A. B. JOHN C. GRANBERY, Va. JOHN H. CLAIBORNE, Va. JAMES R. BRANCH, Va. JOHN S. MOORE, Va. DALLAS SMITH, Ala. TAZEWELL HARGROVE, N. C. RICHARD G. MORRIS, Va. GEORGE W. FRIEND, Va. CHARLES E. WILLIAMS, Va. JAMES D. BLACKWELL, Va. A. M. CHARLES B. STUART, Va. TURNER M. JONES, N. C. WILLIE M. PERSON, N. C. J. W. SHELTON, N. C. THOMAS B. RUSSELL, Ga. JOHN G. BOYD, Va. WILLIAMS T. DAVIS (Hon'y), Va. BENJAMIN JENKINS (Honorary), Missionary M. E. Church, South, in China. [Illustration: JAMES R. BRANCH, A. M., _Colonel Artillery, C. S. A._] D'Arcy Paul, Investing Agent and Chairman of the Finance Committee, reported the probable income for coming year at about $3,500, $2,000 of which amount to come from fees and the balance endowment dividends. [Illustration: JOHN C. GRANBERY, A. M., D. D.]