TRENTHAM SCHOLARSHIPS.

New Zealand Herald, Volume LX, Issue 18388, 2 May 1923, Page 10

TRENTHAM SCHOLARSHIPS.

, 1 ♦ . ■.-■- —- THIS YEAR'S BURSARIES.

A DECREASE IN CAPITAL.

[by telegraph.-—own correspondent.] " WELUNGTON. Tuesday. . L The executive committee of the Trentharii; Scholarship War ~ Fund ;; held • its ■ an-; nual meeting in Wellington. ;;.; The annual report stated > that, ; the ; executive'■? had received -425 ; applications for bursaries and had ; made the ; following awards applicable during; the vear 1923 :—To children ;of deceased soldiers;' 72 bursaries representing a sum Vof ; £1934 13s < 6d; to children of partially/ or wholly disabled men, 38 bursaries : representing £895 j;;totchildren^ of men who served overseas and two bursaries representing '£70. The total number of applications granted was thus 112 and the total sum employed £2899 13s> 6d. Thirteen v; applications ":;,,;were ;{.' refused.; Twenty applicants had been; notified that no renewal would be considered after this year. - „ On account of ; the; heavy calls upon the fund the executive; had ; continued ■■ to limit the maximum award to £50.; •■ "The amount available annually over a period of twenty years; is £2840 10s," the report continued. '"At the date: of balance j (March' 31), the"; Public Trustee held on | deposit at 5 per cent, the ; sum of £36,891 13s 4d. ' The income on --. investments for the year ; was £1861 -7s7d, and the ex-j penditure £2812 128 9d,; so that capital has decreased by £951 ss> 2d. The quar-j terly reports sent 1 in J by headmasters lof the various'bursars ; show ; that ( satisfactory. progress is \ being made, and in only one. ca'se has; it been; found necessary, to cancel an award. '. Many letters of appreciation have been 'received from;.':-the parents -or guardians of bursars." The chairman, Mr. S. Kirkcaldie, ex- ; pressed the opinion X that ; the committee would be able to bo, more ; liberal inlmaki ing its next awards. : Major-General Chaytor ~- suggested that the committee should renew its application '■■■■ for :■■■; a -'grant :; from the board in charge of the Canteen Fund. He thought the members of the .board would not: be averse from making. a !grant' ; tho interest on' the i fund. : The 'committee ■ agreed with ; the -suggestion. '.-•-. ■■■ .:■■•' ■ .■,