do. All which is now invested in Bonds and Mortgages on property in the city of New York at six and seven per cent. interest. The Receipts of the past year have been as follows, viz. : Balance in Bank, as per last Report.... Interest on Bonds and Mortgages. Interest on other Investments.. From Sundry Parishes for salary of the Bishop, viz.: On account of Assessments for 1864.. do. 1865 For Rent of the Episcopal Residence. $ 781 46 3,687 42 1,169 72 214 65 3,554 27 1,273 00 For Principal of J. Barry's Bond and Mortgage paid... 3,000 00 13,898 00 For Proceeds of $2,000 United States 6 per cent. Debt 1,936 51 For Principal of L. B. Shepard's Bond and Mortgage paid..... 2,000 00 For $2,000 United States 6 per cent. Certificates of Indebtedness collected...... 2,000 00 For Proceeds of $5,000 United States 6 per cent. Stock of 1881, sold at 105...... 5,241 25 For Payment by Wm. Church on account of Principal of Bond and Mortgage 500 00 -$39,256 28 The Payments have been as follows, viz.: To Bishop Potter, special allowance ordered by the 1,000 00 To same for salary and allowance for house rent for one year to 1st September, 1865, including the additional $1,000 ordered by the last Convention.. To Repairs on Episcopal Residence and commissions paid for collecting Rents 177 50 To paid for $2,000 United States Debt Certificates at 97 and Interest..... To paid for J. Sexton's Bond and Mortgage ... To paid expenses of Committee assessing Parishes for 1,986 56 15,000 00 16 00 To paid for G. Pendleton's Bond and Mortgage........ $9,000 00 At the close of last year's Report this Fund was as follows, viz. : Principal of W. P. Moody's Bond and Mortgage paid 2,000 00 7,891 00 2,906 25 Principal of L. B. Shepard's Bond and Mortgage paid.. 1,000 00 $22,135 71 For 600 United States 7% Treasury Notes at 991, inter Invested in Bonds and Mortgages at 6 and 7 per cent.. 28,000 00 tificates, cost 984 40 Invested in $600 United States 7% Treasury Notes and accrued interest. 607 77 Invested in $1,000 United States 6 per cent. Registered 1,043 75 30,733 21 Increase of Fund for past year.... $2,399 28 The Trustees have not yet succeeded in selling the Episcopal residence at a satisfactory price, but there have been several inquiries recently for it, and they hope to effect a sale at no distant day. SCHEDULE A, Showing sums received by the Treasurer of the Episcopal Fund towards the salary of the Bishop for 1864-in addition to those reported in the Journal of the last Convention. Showing sums received by the Treasurer of the Episcopal Fund towards the salary of the Bishop for 1865. NOTE. These Schedules A and B include all sums received from October 10, 1864, to October 10, 1865, inclusive, and therefore will not show the same total as the Treasurer's account, which is from September 27, 1864, to September 26, 1865, inclusive. A letter from Mr. Henry Meigs, Jr., resigning his office as a Trustee of the Episcopal Fund, was read as follows: Right Rev. H. POTTER, D. D., New York: NEW YORK, September 26th, 1865. DEAR SIR: I again respectfully tender my resignation as a Trustee of the Episcopal Fund. The reasons which I gave for this step on a previous occasion remain in full force. I am a permanent resident of another Diocese and State, and it would seem to be proper that I should cease to hold so important an office in this. |