AUCKLAND SOCIETY OF ARTS.
Sir, —That part of your report of the annual meeting of tho Society of Arts referring to the suggested disposal of the property requires a little amplification. Tho building -is unsuited to the society's present requirements and is not likely to return much revenue in its present state. The amount likely to be realised by a sale is, However, insufficient to purchase suitable premises, and as the terms of the trust forbid a mortgage, my suggestion was to sell and allow tho money to accumulate at compound interest until an adequate sum was available, the society meantime renting its quarters! H. E. Vatle.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19261001.2.22.1
Bibliographic details
New Zealand Herald, Volume LXIII, Issue 19447, 1 October 1926, Page 10
Word Count
107AUCKLAND SOCIETY OF ARTS. New Zealand Herald, Volume LXIII, Issue 19447, 1 October 1926, Page 10
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.