REPORT OF COMMITTEE OF PRESBYTERY

Otago Witness, Issue 502, 13 July 1861, Page 4

REPORT OF COMMITTEE OF PRESBYTERY

Appointed to enquire into- the present state of the Trust for Religious and Educa- ■ tional uses,, the -that haye been Expended on- Religion and Education respectively, the Proportion to which each] is entitled, and to suggest a plan by which' the share due to Education may be directly applied^to its advancement., \ Your Committee havSto report, .as regards the present state of the Trust, that the Trustees hold the following Properties, namely :-r~ Twenty two complete Properties under the original scheme, and, An addition^ have purchased under instruction of the Presbytery, ' Forty acres "for Clutha Glebe., Fifty acres for Tokomairiro do. Forty acres for Waihola do. Forty-seven acres for West Taieri do. ' ' And Three Town sections in Dunedin. That the present Rental of the Properties slightly exceeds £530 per annum! The Factor has on hand a balance of £30, and estimates the arrears of rentals. due at about £580, .which sum, however, includes the rental* due only in May last. Against these .assets mu3t be placed a debt of £1000 due by the Trust. 1 As regards the 'Expenditure on. Religious and Educational uses respectively, your, Cojnf mi t tee regret that they ; have not been 1 able' to obtain such full ' information as they .desire,. They find, however, that up to the. retirement of the Jflew Zealand Company", there had been advanced by the Company £2881.108. 6d , but a large portion of t this expenditure can only be looked upon as incidental to the first, starting of the Colony, and cannot fairly be di^ vided between Church and School; neither have sufficient data been obtained to enable your Committee to report definitely as regards this or the succeeding expenditure. „ .- „a We find, that,- up to the time when the Company retired, there accrued to the Trust fund, from the eighths due on sales (including sales to the Company and Trust), £3837 0 0 . Against which there : ,~ ' the price of ' * "~ '; *~ -< • -■'■'• - -> "22 Properties.... £26sl 0 0 And advances as- -" ■ • above .:.... ..,'.. .-2881 10 6 j % : 5532 10 6 Shewing a balance due by the • * ' * Trust of £1695 10 6 * Your Committee have reason to believe that at least a considerable portion of this^alancfe was subsequently liquidated by the eighths accruing from the. sale of Properties during the remaining years of the scheme ; bu'Hhey have been unable to -ascertain the amount of such sales, although 1 1to e y k* ve appli&Ho tfijj Provincial Government, and every'otfier probable source, 1 for information. , 5 ' * ** "* It is rijrht that your CommHteesJip^ld add, that the Government professed Jthe|r wHing- ; nes9 to give every information in ymr pOAvej^, Your Committee are not, yet 4 pre^parejLto report on the remaining portion of from the Presbytery.^ - ,^\ v " :Ti y^~ ttK i X s 'g n ed) ■ ..-a &M. .M^»«SB,nrij ■ h.ayingjbeen read* UiwajHtQjoyedi s^condedVa%4 M»mwaußjy. s resQlved^ "a:a itivx^Wl' | * Q l^^a^ii'^6>li^he|^miJSitt^be^^ ceived and 4jkpfo«MSa^Hin?itti;erimt^p6i!tiH4^ 2. ;^^a^it)a^^r* fromcthe £Gr«tstEsDee4\tod Matfv&9<Ktf^f ß^nß]s^ ft^of^bss i^% *fti*Sßr School a%oM\^aa%>t&»erfp»:i#^^^^l%lii|\ , bei, prodded ottti6fSihe^Trt^f/^"^#j^lfei^ifc ■Jeasfc a^ei<^4Wfa^^ ; *■ 4^/^ha,t^il:|sEP9>j^&thCta|*lMl^^^|»f

Trust given, except "that not more than £300 was to be appropriated to each Church Benefice." *■ s.'^ "that the Presbytery consider that under tile altered circumstances of the Colony, some definite rule should be adopted and laid down by the Presbytery for the guidance of the Trustees as to the proportion which should be appropriated to Religious .and Educational purposes respectively. 6, *• That with this view, and with the viewalso of a fair and equitable adjustment of the whole questions connected with this Trust at the next meeting of Presbytery, the Committee "be re-appbinted, with instructions to use every effort to obtain all possible information with regard to every point connected with the Trust, and the application of the Funds up to this date, arranged under such different heads as will give a full and fair view of the whole state of the Trust, with the understanding that it would be desirable that in their report they should state the view they may have arrived at as to what they would recommend for the adoption of the Presbytery as a full and snal settlement of this matter. 7. " And that !!the Moderator and Mr. Stuart be added to the Committee.'' State of Sustentation Fdnd, &c, as reported to the Presbytery, for Half-year ending June 1861.

Mrst Church, Dunedin £156 12 0 Knox Church, do 165 1 '6 Tokoraairiro 105 9 0 East Taieri and Green Island 140 0 0 Clutha 99 5 0 West and North Taieri 110 4 0 Port Chalmers 53 10 0 Waihola 50 0 0 Invercargill 95 0 0 Riverton, not reported. £975 1 6 Giving a dividend to nine ministers of M 108 6 10 Contingency Fund. Tokotnairiro 1 18 7£ Clutha (Warepa) 110 Colonial Mission. West and North Taieri £3 2 5j