_Ayes_.--William Townes, Sr., C. S. Hutcheson, W. B. Rowzie, William Townes, Jr., William Carter, T. P. Jerman, R. B. Baptist, N. Head. J. P. Moore, O. H. P. Corprew, N. Alexander, E. R. Chambers, L. M. Wilson--13. _Noes_.--Richard Irby, D. S. Doggett, R. M. Smith, J. C. Granbery, T. S. Campbell, J. C. Blackwell--6. Dr. W. A. Smith, at his own request, was excused from voting. It was resolved to take steps to re-open the College as soon as practicable. The degree of A. M. was conferred, under the law, on the following: Leroy S. Edwards, Thomas J. Overby, and J. Davidson Blackwell, A. B.'s of former years. Dr. William A. Smith tendered his resignation as President of the College, to take effect at once. The resignation was accepted by the Board, and resolutions were adopted expressing the high appreciation of him and his work, which had extended over a period of nearly twenty years. The Board resolved to adjourn to meet again on the 18th of August following to elect a president and three professors. The salaries of these were fixed--Guaranteed, to the President, $1,000; to the professors, $750 each, and, in addition, the tuition fees of the students in attendance. At the adjourned meeting, August 15, 1866, the following elections were made: RICHARD W. JONES, A. M., _Professor of Mathematics_. O. H. P. CORPREW, A. M., _Professor of Ancient Languages_. Rev. JOHN C. BLACKWELL, A. M., D. D., _Professor of Chemistry_. ERNEST LA GARDE, _Professor of Modern Languages_. The election of a President was postponed to an adjourned meeting, and Dr. John C. Blackwell was appointed to act as President until a president should be elected. At an adjourned meeting held October 16, 1866, on the nomination of William Townes, Sr., Col. Thomas Carter Johnson, A. M. (Class 1842), was elected President and Professor of Moral Philosophy. The Board then adjourned to meet at the session of the Virginia Annual Conference, November 22, 1866. Colonel Johnson was then a citizen of Montgomery, Ala., practicing law. He accepted the office tendered, but did not take the position until near the close of the year. At the adjourned meeting held at Norfolk, November 22, 1866, the Board, on motion of Dr. William A. Smith, resolved to establish "The School of Commercial Science" in the College. This was never done. At this meeting a representative from Ashland, Hanover county, Va., presented a communication from owners of property in that town offering to sell certain property in case the Board should determine to move the College. A committee, consisting of D'Arcy Paul, R. M. Smith and D. S. Doggett, were appointed to investigate and report in regard to the matter.