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Article GOVERNESSES BENEVOLENT INSTITUTION. ← Page 3 of 4 →
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Governesses Benevolent Institution.
3 AsrarasT'X' rum . ELI ' . CTIVE ANNUITIES TO AGED GOVERNESSES , SECURED ON INVESTED CAPITAL AND THUS INDEPENDENT ON THE PROSPERITY OF THE INSTITUTION . It is necessary that a capital should be raised , from the interest of which Annuities may
be given ; as to profess lo grant Annuities from amuial subscriptions , —from a fluctuating income , which any change of public opinion , or accidental circumstances , might destroy ,- — would be to risk disappointment to the aged annuitants at ( perhaps ) the mast painful and inconvenient lime . Twenty-four Annuitieshavebeen founded by the investmentof £ 12 , 000 in the 3 per cent . Consols ; and it is intended lo elect at least two in each succeeding May and November , should the funds be received . The Candidates , who must be Governesses above Fifty years of age , require to be approved by Ihe Committee . Five Annuities have been founded in an interesting manner . The Bishop of Durham
, feeling for die unsuccessful candidates , offered £ 50 to meet a similar giant from nine other parties ; and in a fortnight the amount was raised . A similar offer has since been four times m « le , and similarly met . To carry out this design , —the establishment of permanent Annuities granted from funded capital , —the Committee invite benevolent individuals of large fortune to found Annuities bearing their own name . Fellowships and Scholarships are thus founded for those of the other sex , who labour with the mind , and surely we should not be forgetful of those whose minds labour lo mould the characters of English wives and mothers .
Donations of Stock or Money , sufficient to establish an Annuity— £ 500 , £ 750 , £ 1000 , — will be funded in the names of Trustees ; the Annuity bearing the founder's name ; and the patronage , if he wish it , reserved lo him for life . The Committee will be ready to enter into arrangements with parlies interested in particular individuals , to found Annuities of any amount on the payment of a certain portion of the necessary capital—the first presentation to be in the donor . The foundation of four Annuities on this principle is gratefully acknowledged . Annuities of £ 30 and £ 20 are thus founded for ever ; the first Annuitants being known to the Founders . How manyin providing for their Governessesmiht
, , g secure a benefit to numbers I It has been suggested , that the amount of the present Annuities is painfully small ; but the Committee trust , that the public will enter into their principle of perfect safely to the Annuitant , and also into the difficulty of making Yearly Investments to meet fresh Annuities of even this amount . They are anxious , however , to meet the general wish , and they will be ready to raise any Annuity from £ 15 to £ 20 on the receipt of £ 100 from any individual for thai purpose : one of the Annuities has been thus enlarged . An earland valuable friend of the Institution has suggestedthatas the number of
y , , Governesses is computed at fifteen or twenty thousand , an Annual Shilling from each would create an additional annuity yearly . Each year would provide a permanent Annuity for another aged Governess . The Committee have accordingly prepared small receipts for One Shilling each , ir sheets of 20 , 40 , & c , which they will be ready to issue to any one kindly undertaking the office of Collector . The accounts for each year will close on the first of March , that the Committee may know what amount of Annuity can be given from the Collection .
SPILOVEISEEJE STIITO . PROVIDENT ANNUITIES PURCHASED BY LADIES IN ANY WAY CONNECTED WITH EDUCATION , UPON GOVERNMENT SECURITY , AGREEABLY TO THE ACT OF PARLIAMENT . Benefit Societies , such as those formed by the working classes , cannot be arranged for those who work with the mind ; and thus the Institution can , at present , only assist the provident Governess by relieving her of all trouble , for which her occupations leave her small
time ; and by paying the necessary expenses attendant upon contracting for an Annuity . The Committee hope , however , that the public will enable them to do more than this . Il is manifest how desirable it would be lo lighten the payments , by which Governesses secure deferred Annuities ; but it is equally manifest , that no offer to do so can be made from an uncertain and fluctuating income . The advantage must be offered to all impartially ; whilst the Committee cannot guarantee to make certain payments at certain times , when they may not have the money to do so . It must remain for the known liberality of this Country , by large benefactions , to enable
the Committee to form such a Fund , as will authorize them lo encourage the forethought of the less affluent Governess , by offering to meet her annual payments by a corresponding payment for her future advantage . A Lady has recently given £ 100 to this Fund , feeling its importance in determining the character of the Young Governess , and in assisting her fuiure prospects . This branch of ihe Institution has been very successful . Any Lady can have the Tables of Rates and other particulars forwarded to her , on application to the Secretary at Ihe Oflice ; and , il" the will consult any member of the Stock Exchange , or other gentleman
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Governesses Benevolent Institution.
3 AsrarasT'X' rum . ELI ' . CTIVE ANNUITIES TO AGED GOVERNESSES , SECURED ON INVESTED CAPITAL AND THUS INDEPENDENT ON THE PROSPERITY OF THE INSTITUTION . It is necessary that a capital should be raised , from the interest of which Annuities may
be given ; as to profess lo grant Annuities from amuial subscriptions , —from a fluctuating income , which any change of public opinion , or accidental circumstances , might destroy ,- — would be to risk disappointment to the aged annuitants at ( perhaps ) the mast painful and inconvenient lime . Twenty-four Annuitieshavebeen founded by the investmentof £ 12 , 000 in the 3 per cent . Consols ; and it is intended lo elect at least two in each succeeding May and November , should the funds be received . The Candidates , who must be Governesses above Fifty years of age , require to be approved by Ihe Committee . Five Annuities have been founded in an interesting manner . The Bishop of Durham
, feeling for die unsuccessful candidates , offered £ 50 to meet a similar giant from nine other parties ; and in a fortnight the amount was raised . A similar offer has since been four times m « le , and similarly met . To carry out this design , —the establishment of permanent Annuities granted from funded capital , —the Committee invite benevolent individuals of large fortune to found Annuities bearing their own name . Fellowships and Scholarships are thus founded for those of the other sex , who labour with the mind , and surely we should not be forgetful of those whose minds labour lo mould the characters of English wives and mothers .
Donations of Stock or Money , sufficient to establish an Annuity— £ 500 , £ 750 , £ 1000 , — will be funded in the names of Trustees ; the Annuity bearing the founder's name ; and the patronage , if he wish it , reserved lo him for life . The Committee will be ready to enter into arrangements with parlies interested in particular individuals , to found Annuities of any amount on the payment of a certain portion of the necessary capital—the first presentation to be in the donor . The foundation of four Annuities on this principle is gratefully acknowledged . Annuities of £ 30 and £ 20 are thus founded for ever ; the first Annuitants being known to the Founders . How manyin providing for their Governessesmiht
, , g secure a benefit to numbers I It has been suggested , that the amount of the present Annuities is painfully small ; but the Committee trust , that the public will enter into their principle of perfect safely to the Annuitant , and also into the difficulty of making Yearly Investments to meet fresh Annuities of even this amount . They are anxious , however , to meet the general wish , and they will be ready to raise any Annuity from £ 15 to £ 20 on the receipt of £ 100 from any individual for thai purpose : one of the Annuities has been thus enlarged . An earland valuable friend of the Institution has suggestedthatas the number of
y , , Governesses is computed at fifteen or twenty thousand , an Annual Shilling from each would create an additional annuity yearly . Each year would provide a permanent Annuity for another aged Governess . The Committee have accordingly prepared small receipts for One Shilling each , ir sheets of 20 , 40 , & c , which they will be ready to issue to any one kindly undertaking the office of Collector . The accounts for each year will close on the first of March , that the Committee may know what amount of Annuity can be given from the Collection .
SPILOVEISEEJE STIITO . PROVIDENT ANNUITIES PURCHASED BY LADIES IN ANY WAY CONNECTED WITH EDUCATION , UPON GOVERNMENT SECURITY , AGREEABLY TO THE ACT OF PARLIAMENT . Benefit Societies , such as those formed by the working classes , cannot be arranged for those who work with the mind ; and thus the Institution can , at present , only assist the provident Governess by relieving her of all trouble , for which her occupations leave her small
time ; and by paying the necessary expenses attendant upon contracting for an Annuity . The Committee hope , however , that the public will enable them to do more than this . Il is manifest how desirable it would be lo lighten the payments , by which Governesses secure deferred Annuities ; but it is equally manifest , that no offer to do so can be made from an uncertain and fluctuating income . The advantage must be offered to all impartially ; whilst the Committee cannot guarantee to make certain payments at certain times , when they may not have the money to do so . It must remain for the known liberality of this Country , by large benefactions , to enable
the Committee to form such a Fund , as will authorize them lo encourage the forethought of the less affluent Governess , by offering to meet her annual payments by a corresponding payment for her future advantage . A Lady has recently given £ 100 to this Fund , feeling its importance in determining the character of the Young Governess , and in assisting her fuiure prospects . This branch of ihe Institution has been very successful . Any Lady can have the Tables of Rates and other particulars forwarded to her , on application to the Secretary at Ihe Oflice ; and , il" the will consult any member of the Stock Exchange , or other gentleman