EXECUTIVE DEPARTMENT,
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JANUARY 10, 1851. ) TAe Hon. the Speaker, and

 Members cf he House of Representatives GENTLEMEN-I transmit to your honorable body the Annual Report of the Board of Trustees of the University of the State of Alabama, by their Se- cretary. GABRIEL MOORE, The Board of Trustees of the University of Alabama respectfully submit their Annual Re- port to the General Assembly.

 CAPITAL STOCK. The proceeds of the sale of 8, ,3925S

 acres of land, toSth Dec. 1880 $3SS 0SS "A Of this amount there has been received, and n- vested in SixPerCent, Stock of the State $140047 20 Collected on outstanding

 bonds, and to be vested 5,070 63 Bonds outstanding and

 now due, to the amount Of 0S,JOO VI Bonds outstanding, and will fall due in 1881 57,551 TO in 1S32 292D0 29 in 1833 5S,143 9l in 1884 LAD 77 in 1885 l49i0 56 in 1886 13,322 22 in 1887 9405 15 And there are remaining unsold 2,6s7.42 acres o l land INCOME FUND. Ill