262 History of Wake Forest College
had signed the Berry note, and had been threatened with suit unless it
There is little record of what the agents did during the next year.
There was no quorum at an adjourned meeting of the Board in
Raleigh on January 17,1849, no one except Wake County members
being present. This was probably owing to the profound dis-
couragement caused by the resignation of President Hooper, which
had been offered again at a meeting of the Executive Committee in
conference with several other Trustees at Wake Union Church on
August 30, 1848, and accepted to take effect with the close of the
tion that they should be null and void if the whole amount was not raised. The State
was pressing for a return of this loan, and Captain Berry wanted his money. It
seemed as if the College would have to be sold. Dr. Hooper, President of the
College, and Bro. W. H. Jordan, President of the Board of Trustees, resigned.
"On Friday after Commencement Dr. Wait went down to see Bro. J. S. Purefoy,
who then lived at Forestville. After talking the matter over, Bro. J. S. Purefoy
subscribed $1,000 and Dr. Wait $500. The next day they went over to Bro. William
Crenshaw's and he subscribed $500 for himself and $500 for his son, Dr. W. M.
Crenshaw. And then William M. Jordan, W. T. Brooks, Wm. Jones, and J. B. White
subscribed each $500. Bro. G. W. Thompson, agent at that time for the College,
hearing of this, went to the house of David Justice in the dead of the night and
waked him up out of bed, and told him what the brethren had done. And Brother
Justice subscribed $500-making in all $5,000."
It is almost certain that Professor Mills got his information from Rev. J. S.
Purefoy who was living when he wrote and his account may in general be presumed
to be correct. He is mistaken, however, in thinking that Jordan was President of the
Board of Trustees in 1848; he had resigned that position on leaving the State in
1845 and Wait had been elected in his place. He is also probably mistaken about the
amount of the two loans at this time. When Hufham proposed his plan in 1846 the
amount due in excess of subscriptions was said to be $15,000; on April, 1847,
according to Jordan, only $12,000 remained to be raised. In May, 1848, Jordan got
subscriptions in the Chowan region, on which $2,242 was collected that fall by
Isaac Merriam. It is hardly probable then that much more than $5,000 was still
unpledged, but we must remember that in the two years that had elapsed since the
Hufham proposal interest had been accumulating at the rate of about $1,000 a year
and that the agents were costing about as much. All these amounts had to be paid
out of the collections, and for the two years could not have been much less than
$4,000. An examination of the Proceedings of the Board would have shown
Professor Mills that they sought to make some provision for the payment of the
debts. The business, however, was dragging, and Wait whose name was on Berry's
note, had reason to know that Berry wanted his money.