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10 Southern Historical Society Papers.

ized by you, with the city of Anderson, for the exchange of our 7 per cent, bonds, not yet due, for a new issue of 5 per cent, twenty- year bonds, has been fully completed.

The difference of interest, to the maturities of the bonds, amounted to $1,420, and the total sum of principal and interest was $16,420.

Sixteen bonds, numbered from i to 16, of $1,000 each, and four hundred and twenty dollars in cash, were duly received and turned over to the Treasurer.

This cash, and the surplus cash on hand, authorized a deposit of $1,000, with the Chicora Bank, at Pelzer, S. C, interest at 5 per cent, semi-annually.

The total fund now stands at $17,000, and the annual income, $850. It is the only permanent Confederate benefaction in all the vSouthland!

As in all human probability this is the last service of moment I can expect to render to the corps, I enclose the letters and papers in my hands, to be in the hands of the Secretary; and with every good wish for the future of the W. L. I., and the expression of my high regards for each of you personally, I remain,

Your very obedient servant,

WM. A. COURTENAY, Chairman.

THE GREY GRANITE OBELISK,

in honor of the dead of the W. L. I., stands in Washington Square, is 45 feet high, and bears, in a bronze panel, this pathetic inscrip- tion

"At every board a vacant chair,

Fills with quick tears some tender eye,

And at our maddest sports appears

A well loved form that will not die.

We lift the glass, our hand is stayed;

We jest, a spectre rises up;

And, weeping, though no word is said,

We kiss and pass the silent cup."

This shaft commemorates

The patience, fortitude, heroism,

unswerving fidelity to South Carolina,

and the sacrifices of