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THE MACANDREW MEMORIAL

The annual meeting of the subscribers to the Macandrew memorial fund was held at the Chamber of Commerce yesterday afternoon, when the following were presentMessrs R. H. Leary, A. Cairns, D. fl. Hastings, J. R. Sinclair. The Chairman stated that he would suggest that the amount (Ll7) of deposit at present in the savings bank should be added to the original deposit, and the whole amount placed in the Colonial Bank for twelve months at 5 per cent. Mr Cairns said that Dr Stuart (who was, unfortunately, not present) was of opinion that the interest accruing should be handed to the members of the family for pin money.

_ The Chairman and Mr Sinclair mentioned that that could hardly be done, because a motion previously passed announced that the moneys would be devoted to the establishment of a scholarship, and to the erection of a monument.

The question of the disposal of the moneys collected was, at the suggestion of Mr Cairns, postponed for a fortnight.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890905.2.36

Bibliographic details

THE MACANDREW MEMORIAL, Issue 8004, 5 September 1889

Word Count
168

THE MACANDREW MEMORIAL Issue 8004, 5 September 1889

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