HARBOUR AND EDUCATION RESERVES BILL.

Auckland Star, Volume XXV, Issue 235, 2 October 1894, Page 2

HARBOUR AND EDUCATION RESERVES BILL.

!'■;' lv "V ■~.■"■.-■. —~ . . ' The Board of Governors of the Auckland j College and Grammar "School have for. warded -: the ■ following protggb -tWeUington, 4o tho Auckland member against * .the "Harbour and-' Educ&* tion: tßaserrea BiU,:" 1804,* tequ^tiii*' them to endeavour to preyen^ tho passnip of the Bill into law :—" 1. The effect of section two o^tha progoßeci ; Bil\ wttl^t^ giye the Government power tt» ■■.reijjpy«.r;from the of the Grammy School Board' the whole or any tkeir endowments.- As the Board ata dependent lii a grejt measure'upon thfrs. endowments, for their revenue, this wilt': seriously; hamper them and leeseDL.ths u-i.. fulness of the school. 2. The mana{;e meGb of; the endowments by the Land .Board muab;be:detriime»tal to.tbe interests}^ t^ , Grammar School Board. At present, tha" endowments ' are carefully and officiants* manageds under their direct .'r super»UioEj und the full fc'enefib is obtained byr&atofi ofsuchcarefulimanagement. Manademeot by the Land Board will mean thai ths endowments will be controlled by who have nob the same special inter^t in, nor the same means for supervising the properties as the Board, and a great loss of revenue and increase, of expense mnsb follow. S.. Nob only co, bubib is a• grave ; question whether the Bill mighb-not^.-if these reserves are removed from the coa-, trol of the Grammar School Boaid.-.^ys away one-tbird or one-fourthof tliereVenua arising therefronv and dißpose of it for tha benefit of other local bodies. 4. This will be a great injustice to the Grammar.Sch o ol i which has paid rates for years.past up on all the properties, and will have the efioefe of practically confiscating a third- of the"' present revenue. 5. The Bill is a breach of the conditions on which tfaeae oDdo\,ments were made. The endowment were' specially set aparb for the- benßfifcof the Grammar School, and have been strictly applied to such purpose. ,lt, fe therefore, a breach of faith and a wjbngful: diversion of the trust for the Legislature to/ deprive the beneficiaries of a portion of the trust funds. : 6. Such a propoeal will materially injure the Grammar School, for, without the full aid of these endowment, ib will be impossible for the Board to ban } on the school for the future with ita pto^j ; efficiency., ,7. Appointments haro been made, and the work of the schoolfori: • future arranged on the basis of the revenue to be derived from -these endowments, ami to take away that basis is unjust ani uppressiv©." .