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Article TIE MAS0I10 MIREQE: ← Page 2 of 4 →
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Tie Mas0i10 Mireqe:
" In addition to'"the receipts as above shown , an-amount of £ 1 , 171 has been contributed in subscriptions and donations towards the Building Fund , which amount with the sum of £ 1 , 624 transferred from the surplus of the General Fund , as per resolution of the quarterly court of the 5 th January , 1852 , has been devoted , together with donations from . Grand Lodge of £ 1 , 350 , to the purchase of the freehold property at Hornsey , which may he taken to represent a bona fide value
of upwards of £ 4 , 000 . The total amount invested in the 3 per cent . Consols up to the present date being £ 13 , 500 . ... " An alteration in the period of keeping the accounts , viz ., to the 31 st December in each year , prevents any definite statement being rendered for 1857 , the receipts , however , for the last ten months of that year amounted to upwards of £ 2 , 000 , the receipts of the current year being estimated at £ 2 , 130 . " Cost of Maintenance at School House , Hornsey , for Six Months , ending
30 th June , 1858 . To Lady-day ... ... ... .. ; £ 180 5 2 To Midsummer ... .... ... ... 162 8 < 5 For Six Months ... ... £ 322 13 8 Per Annum ... ... ... £ 615 7 4 Add 10 per cent , for Incidental Expenses ... 64 10 8 £ 709 18 0 Proportion of Clothing of said charges ... 219 7 6 , , ¦' ¦ Total cost at Hornsey ... ... £ 929 5 6 Cost of Education , Clothing , and proportion of 1 fixed expenses of Forty-five Boys not in the > 572 1 3 School House ... .... ... } Total Expenditure under present system ... £ 1 , 501 6 9
" The disproportion in expenditure 1 b amply compensated for by the great boon afforded to widowed mothers and parents , by taking the children completely off their hands and maintaining them . * " Estimated Cost of School for the total number of Boys to be received , Educated , Clothed , and Maintained therein . Salaries of masters and matron , and wages of servants £ 363 4 0 Coals ... ... ... ... 30 0 0 Medical attendance ... ... ... ... 30 0 0 Water rate and insurance ... ... ... 8 10 0 Add for contingencies 10 per cent . ... ... 43 2 9 Books ... ... < ... t ... ... 26 0 0 Board of seventy-eight persons , including ' allowance 1 ] oil ¦ q 0 of 10 per cent . ... ... ... J ? Clothing on the average of the last six years ... 319 19 3 Fixed expenses on tho average of the last six years ... 294 8 \) £ 2 , 129 4 9
c < By a reference to the accounts of past years , and by analysis of tho results as shown from them , the House Committee have thus endeavoured to afford the means of comparing the past and present condition of the School , and have also submitted an estimate' of the expenses to be incurred with the view of materially increasing the efficiency of the establisbment . " When the disadvantages under which those Boys labour who are removed from that constant control and supervision , which can only bo bestowed in tho case of
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Tie Mas0i10 Mireqe:
" In addition to'"the receipts as above shown , an-amount of £ 1 , 171 has been contributed in subscriptions and donations towards the Building Fund , which amount with the sum of £ 1 , 624 transferred from the surplus of the General Fund , as per resolution of the quarterly court of the 5 th January , 1852 , has been devoted , together with donations from . Grand Lodge of £ 1 , 350 , to the purchase of the freehold property at Hornsey , which may he taken to represent a bona fide value
of upwards of £ 4 , 000 . The total amount invested in the 3 per cent . Consols up to the present date being £ 13 , 500 . ... " An alteration in the period of keeping the accounts , viz ., to the 31 st December in each year , prevents any definite statement being rendered for 1857 , the receipts , however , for the last ten months of that year amounted to upwards of £ 2 , 000 , the receipts of the current year being estimated at £ 2 , 130 . " Cost of Maintenance at School House , Hornsey , for Six Months , ending
30 th June , 1858 . To Lady-day ... ... ... .. ; £ 180 5 2 To Midsummer ... .... ... ... 162 8 < 5 For Six Months ... ... £ 322 13 8 Per Annum ... ... ... £ 615 7 4 Add 10 per cent , for Incidental Expenses ... 64 10 8 £ 709 18 0 Proportion of Clothing of said charges ... 219 7 6 , , ¦' ¦ Total cost at Hornsey ... ... £ 929 5 6 Cost of Education , Clothing , and proportion of 1 fixed expenses of Forty-five Boys not in the > 572 1 3 School House ... .... ... } Total Expenditure under present system ... £ 1 , 501 6 9
" The disproportion in expenditure 1 b amply compensated for by the great boon afforded to widowed mothers and parents , by taking the children completely off their hands and maintaining them . * " Estimated Cost of School for the total number of Boys to be received , Educated , Clothed , and Maintained therein . Salaries of masters and matron , and wages of servants £ 363 4 0 Coals ... ... ... ... 30 0 0 Medical attendance ... ... ... ... 30 0 0 Water rate and insurance ... ... ... 8 10 0 Add for contingencies 10 per cent . ... ... 43 2 9 Books ... ... < ... t ... ... 26 0 0 Board of seventy-eight persons , including ' allowance 1 ] oil ¦ q 0 of 10 per cent . ... ... ... J ? Clothing on the average of the last six years ... 319 19 3 Fixed expenses on tho average of the last six years ... 294 8 \) £ 2 , 129 4 9
c < By a reference to the accounts of past years , and by analysis of tho results as shown from them , the House Committee have thus endeavoured to afford the means of comparing the past and present condition of the School , and have also submitted an estimate' of the expenses to be incurred with the view of materially increasing the efficiency of the establisbment . " When the disadvantages under which those Boys labour who are removed from that constant control and supervision , which can only bo bestowed in tho case of