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The Council of Hope College was scheduled to meet on 5 August but no quorum was present so the meeting was postponed to the 13th. Dr. Albertus C. Van Raalte chaired the meeting. The application for a lease of land for the proposed blast furnace was read and considered. But no mention was made as to final decision on the request. Financial reports were given but the details of the reports were not given. Two motions that occurred at the session of the 13th and of the 14th were passed by majority by not unanimously. Dr. Van Raalte was authorized "to use the Rail Road bonds for the for the support of the Primary and Femal [sic] Departments."
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Stewart, Abel T. and Otterness, Mary, "Meeting Minutes of the Council of Hope College" (1873). Van Raalte Papers: 1870-1879. 162.