Meanwhile, there were several years of dispute between the Methodist ministers, Lima, and contending cities across the state, over proposals to move Genesee College to Syracuse. At the time, the ministers wanted a share of the funds from the Morrill Land Grant Act for Genesee College. They agreed to a "quid pro quo" donation of $25,000 from Senator Cornell in exchange for their (Methodist) support for his bill. Cornell insisted the bargain be written into the bill and Cornell became New York State's Land Grant University in 1865. In 1869, Genesee College obtained New York State approval to move to Syracuse, but Lima got a court injunction to block the move, and Genesee stayed in Lima until it was dissolved in 1875. By that time, however, the court injunction had been made moot by the founding of a new university on March 24, 1870. On that date the State of New York granted the new Syracuse University its own charter, independent of Genesee College. An endowment of $400,000 was subscribed by the Methodist church and the City of Syracuse offered $100,000 to establish the school. Bishop Jesse Truesdell Peck had donated $25,000 to the proposed school and was elected the first president of the Board of Trustees.