REPORT OF THE TREASURER.

Transcription

1 304 Amei'ican Antiquarian Society. [Oct. REPORT OF THE TREASURER. THE Treasurer of the American Antiquarian Society herewith submits his semi-annual report for the six months ending October 17, 1884'. By the legacy of our late honored President, the Librarian's and General, and the Publishing Funds will soon be placed in a condition to supply the long-needed wants of these two departments. The increase of the Publishing Fund will enable the Society not only to print without over-drawing its income, but it is hoped will also warrant the publication from time to time of some of the valuable manuscript material in its archives. From the detailed statement of the several funds herewith submitted, it will be seen that the Bookbinding Fund has been reduced nearly three hundred dollars during the past six months. This is owing to the unusually large number of newspapers and periodicals that have been bound, and suggests either aii increase in the fund, or a decided reduction in the amount of our periodical matter sent to the binder. There having been some discussion in the Council as to the exact nature of the Lincoln Legacy Fund and the disposition of its income, our associate. Judge Aldrich, has copied from the will of Gov. Lincoln that portion of it relating to this Society, and it is given here as a source of information to our members, and that it may be readily referred to hereafter. The extract is as follows : "I give and bequeath to the American Antiquarian Society, a corporation established by

2 1884.] Report of the Treasurer. 305 law in tbe city of Worcester, tbe sum of one tbonsand dollars, to be beld by said Society as a perpetual fund in trust, tbat tbe interest tbereof sball unnually be offered as a premium for an original essay or address on some subject connected witb or explanatory of tbe objects of tbe Society, to be proposed by tbe Council and to be read or delivered before tbe Society at its annual meeting. And if for any cause tbe interest in any year sball fail to be required in compensation for sucb essay or address, it sball be added to the principal to augment tbe fund, tbe interest of wliicb sball be applied in tbe manner before appointed in subsequent years. * * * * it js not intended bereby to require a competition in tbe production of tbe essay or address, but witb tbe selection of tbe subject to submit to tbe Council, tbe manner in whicb, and the persons by wbom, from time to time, it shall be offered." As will.be shown by tbis report, tbe fund now amounts to over two tbousand dollars, yielding an income large enougb, it would seem, to warrant the Council in making the disposition of it set forth by the terms of the legacy, and as was the probable intention of tbe testator. Tbe following statement, shows the receipts and expenditures for the past six months, and the condition of the various funds. STATEMENT OF THE CONDITION OF THE SEVBRAI, FUNDS. The Librarian's and General Fund. 1884, April 19. Balance, 30, " Oct. 17. Received from income of investments to date " " ' Received for Life Assessment, " " " " " Annual Assessments, ,900j07 Oct. IT. Paid salaries and incidental ex.- penses, $1, " " Paid premium on Bank Stoek, $1, it U Present amount of the fnnd, $30,666.78

3 306 Amej'ican Antiquarian Society. [Oet. Bank Stock... $9, Railroad Stock, 2, RaiIroad Bonds, 0, Worcester Gas Co. Stock,.lOO.OO Mortgage Notes, 9, Cash, ; (i(!.7s $30, The Collection and liesearch Fund. lt*84, April 19. Balance,.' 117,973,09. ' Oct. 17. Received from income on Investments to date, 40!).25 " " " Received from books sold, Paid part of salary of Librarian and Assistants , Oct. 17. Present amounf of the Fund, I7, Bank Stock, ^4, Railroad Stock,..'. 5, Railroad Bonds, 3, Mortgage Notes, 5, Cash,.: $17, 'he Bookbinding Fund. 1»84. April 19. Balance, $0, " Oct. 17. Received from ineome of investments to flat«,-, $6, Paid for Binding, Oct. 17. Present amount of Fund, $6, Bank Stock, $2, Railroad Stock, Railroad Bonds, 2, Cash, ,110.47

4 1884.] Report of the Treasurer. 307 The Publishing Fund , April 19. Balance,...''. $8, " Oct. 17. Received from income of investments, " " " " for publications sold, eo.75 " from the Tenney Fund ' $8, Oct. 17. Paid for printing "Proceedings," " " Present amount of Fund, $8, Bank Stock, $2, Railroad Bonds, '...;..,.5, City Bond, 1, Cash, The Isaac Davis Book Fund. $8, , April 19. Balabce, $1, " Oct. 17. Received from income of investments, $1, Paid for books, Oct. 17. Present amount of Fund Bank Stock, $ Railroad Stock, Cash The Lincoln Legacy Fund. $1, , April 19. Balance, $ " Oct. 17. Received from income of investments $l, " " Present amount of the Fund, $2, Bank Stock, $2, Cash, $2, The Benjamin F. Thomas Local Iiistory Fund. 1884, April 19. Balance '. $ " Oct. 17. Ineome from investments to date, , Paid for local histories, Oct. 17. Present amount of the Fund, $1,

5 308 Ameiñcan Antiquarian Society. [Oct. Railroad Bond, 1, Cash The Alden Fund. 1, , April 19. Baianee, 1, " Oet. 17. Income from investment to date " «" Present amount of the Fund, 1, Railroad Bond, 1, Bank'Stock, Cash, The Salisbury Building Fund. 1, , April 19. Balance,.. gl, " Oet. 17. Ineome from investment to date, " ' Present amount of Fund, 1, Bank Stoek Railroad Bond, 1, Cash, The Tenney Fund. 1, , April 19. Balance,... : 5, " Oct. 17. Income from investment sinee, , Transferred to Publishing Fund, Oet. 17. Present amount of the Fund,.5, Mortgage Notes, 5, The Haven Fund..1884, April 19. B.alance, 1, " Oct. 17. Interest to date, " " " Present amount of Fund (in Savings Bank), :.\ 1,103,21

6 1884.] Report of the Treasurer. 309 The George Chandler Fund. 1884, April 19. Balance, " Oct. 17. Interest since, 5.00 " " " Chandler Genealogy sold, Kooks purchased, Oct. 17. Present amount of Fund, Invested Savings Bank. % Cash, ' 2.70 in $ Total of the twelve Funds, $77, Cash on hand, included in the foregoing statement : Librarian's and General Fund, Collection and Eesearch Fund, Bookbinding Fund, Publishing Fnnd, ' Isaac Davis Book Fund, Lincoln Legacy Fund B. F. Thomas Local History Fund, Alden Fund, Salisbury Fund Chandler Fund 2.70 Respectfully submitted. "WORCESTER, October 18th, Meport of the Auditors PATÎÎE, Treasurer. WORCESTER, October 18,1884. The undersigned. Auditors of the American Antiquarian Society, hereby certify that we have examined the Eeport of the Treasurer, made up to October 17,1884, and find the same to be eorrect, and properly vouched ; that the securities held by him for the several funds are as stated, and that the balance of cash on hand is accounted for. EDWARD L. DAVIS. CHAELES A. CHASE.

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