Page 4 Advertisements Column 2

Colonist, Volume X, Issue X, 12 February 1867, Page 4

NEW ADYEETISEMENTS. A BSTEACTS of the EECEIPTS and EXPENDITUEE of the NELSON COLLEGE' ZjL . for the YEAR ending Decembee 31bt, 1866.

■ , , , . , ___ Receipts. Exfenditube. . £ s- d- £ s. d. £ s. d Interest on Loans 1075 10 11 . Boarding Expenses. RentsfromEndowmentProperty ... 307 10 0 p up ils as per contract ... 303 0 6 .. _ Masters „ „ ... 190 0 0 Hoarding Receipts, Management of department 150 0 0 Ist Quarter Boarders, 6 643 0 6 „ „ Day „ 5 ... ... . 2nd „ „ 10... Master's salaries and Fees... 562 17 0 „ „ Day „ 4 Books and Stationery ... 89 16 6 3rd „ „ 10 ' Furniture andrepairs to same 24 14 1 „ „ Day „ 4 Eepairs and up-keep of 4th „ „ 12 premises 48 19 1 „ ~ Day „ 2 ... ... 395 7 8 General and Incidental Expenditure. Tuition Fees. Insurance. 80 10 0 Ist Quarter, 25 Pupils Interest on Mortgage ... 90 0 0 2nd „ 28 „ : „ Union Bank... 45 19 8 3rd „ 33 „ ... Secretary's Salary ... ... 100 0 0 4th „ 34 „ ... 871 18 6 Examination Fees ... 21 0 0 Auditor's „ ... ... 6 6 0 Books and Stationery 54 18 8 Governor's „ ... 11 0 0 Amount due to Union Bank, 31st Dec. Paid to Loan Fund... ... 8 0 0 1866 297 16 6 Sun dries.— Advertising, Printing, Stamps, &c... 88 15 3 451 10 11 Scholarships ... ' 102 10 0 Amount due Union Bank • at commencement of year 579 14 2 £2503 2 3 £2503 2 3 We hereby certify that we have examined the above Accounts, and compared them with the several Vouchers relating thereto, and find them correct. J. T. Catlet, I Auditor, Nelson, Bth February, 1867. 282 ESTIMATED ASSETS and LIABILITIES of the NELSON COLLEGE, Deoembeb, 1866. - ■ Assets.' • . Liabilities. £ s. d. £ s. d £ s. d. £ s. d Loans oh Mortgage ... 7766 0 0 Loans from Trustees of Cash to Credit of Loan Trust Funds 2000 0 0 Fund 1300 0 0 ScholarshipsFreehold Property, esti- Newcome 300 0 0 mated at... .' 5866 0 0 Fell 200 o 0 College Buildings 10,675 19 — 500 0 0 Less depreciation at 2J Mortgage to Church Endowper cent 266 17 6 ment Society ... 600 0 0 10,408 3 3 Provincial Government toCollege Furniture 1624 6 7 wards draining in Eiwaka 135 0 0 Less depreciation at 5 Accounts owing 82 16 8 per cent 81 4 4 Amount owing Union Bank 297 16 6 __. X 543 2 3 Governor's fees for 1864 86 0 0 Books, Maps, &c 120 0 0 » » » 1865 10° 0 0 Less depreciation at 10 » » jj 1866 100 0 0 per cent 12 0 0 286 0 0 _______ 108 0 0 Exhibitions granted during Interest due on Mortgage to year, 5 at £15 75 0 0 end of year 100 1 0 Estimated balanceof original Amount due for Boarding- capital 23,294 14 2 and School Fees 104 19 10 Remission on Boarding allowedagainfltexhibitions 75 0 0 £27,271 7 4 £27,271 7 "4 283 REPORT BY THE GOVERNORS OF NELSON names of the present holders, will be read with COLLEGE. interest: — Amount per When m~ tv j j? tit i.- p ii tvt i mi Tims, annum, obtained. Names. The Deed of Foundation of the Nelson College . __ „ „„. ,„., _ T ~ (which will be found as a schedule of the Act of the 1- Newcome 3 years £30 Dec. 66. R. Jenkins. New Zealand Parliament, entitled "Nelson College 2. Foundation 2 „. £30 June 66. J.V. Gully. Act, 1858,") requires the Council of Governors to 8. Fell 2 „ £20 June 66. F. Wither, "prepare annually a report setting forth the con- J.Richmond 3 „ £30 Dec 66. £.0. Lewis, dition of the College generally, exhibiting its financial £ Foundation 3 „ £20 Dec. 66. G. Blackett. state, detailing thln_ibop of! pupils who have been J. Stafford ,8 „ £20 Dec. 66. E. Green educated in it dmung the past year, the branches of 7. Foundation 1 „ £10 Dec. 66. J.Burnett, learning taught, and communicating generally all Among "such other information as shall be insuch information as shall be interesting to the teresting to the public," the names of the present public: which report," it is further ordained, " shall Governors, with the tenure of office of each, may be be published in the month of February in each year." properly included: — In fulfilment of these requirements, the Governors jD< Sindaip elected June 1863, in place of J. D present the Mowing report to the public. Greenwood, retired; retires 14th Nov., 1867. The number of pupils who have attended the 2. S. A. Cusack, elected May 1865, in place of C, College during the successive quarters of 1866 is as Elliott, retired; retires 14th Nov., 1867. follows :— 3. j. Sharp, elected March 1866, in place of C. B. , ir . Boarders. Day Boys. Total. Wither, retired ; retires 14th Nov., 1867. Ist Quarter ... 6 19 25 4. J. W. Barnicoat, re-elected November 1861; f ld » - .10 18 28 retires 14th November, 1870. *™ » ••• 10 23 33 5. H. Adams, elected December 1864, in place oi 4tll » ••• 12 22 34) A. Domett, retired; retires 14th Nov., 1870. On comparing these figures with those of the pre- 6. F. W. Irvine, elected March 1866, in place oi vious year it will be found that the average number Dr. Monro, retired; retires 14th Nov., 1870. of boarders has been precisely the same, and that in ; 8., 9. W. Adams, W. C. Hodg3on, A. Saunders, the total number of pupils there has been a slight elected December 1864, in place of Messrs. (and only a very slight) average increase. Saxton, Daniell, and Wells ; retire 14th Nov.j The financial state of the College is shown in the 1873. accompanying balance-sheet; and here the Governors By order of the Governors, have more cause of congratulation. The public will . Robert Poilock, gladly learn that the Governors are gradually extri- Secretary. eating themselves from that embarrassment which a ||||MM ,„,■_■!iubbmhhmim ■ ■«■ ' sudden decline of the number of pupils and other ' ~ causes had induced. The future income has again "pEOVLNCIAL LAND and BUILDING been somewhat improved by the letting of some oi Jt~ SOCIETY PERMANENT the College lands. This source of revenue willno doubt.annually increase, and must eventually become gIXTH ANNUAL BALANCE SHEET, for the considerable. There have been, during the past year, several YEAR, ending the 31st December, 1866. changes in the tutorial body and in their relations to the Governors. The lamented death of Mr. Manby De. left vacant the situations of Drawing Master and of m -d i • tt^:«v .p « a te „-7 ivr • ivr t. mi i ii. i. • i-i x>n ti. To .Balance in Union ±- s. a. ab c. a. Music Master. The latter post is now ably filled by t> i on i q k Mr. Walcot, and lor the iormer the Governors have secured the services of Mr. Merewether, 8.A., who, Q-ener IF d since his appointment, has efficiently performed the duties of the post assigned him. To Subscriptions , 3124 8 0 Both the Head Master, the Rev. C. L. M'Lean, " I^ ereßt °U realised 1QR * 1R n 8.A., and the Second Master, Mr. Mackay, M.A., S^-R^v i''JV in n n whose engagements with the Governors were at the »5 ° J* m* T depoSlts J? ,J g or of a probationary character, have now entered into "x,, A y ■. lt , nn )( n permanent connection with the College. The last- " bonuses '"' 5 0 named gentleman had, at the period referred to, only " -vr0? 11868 V' t"\ "h ® just entered on his duties. The Governors have " great pleasure in being able to report, ivith the ex- jropertj toiieited to perience of the past year before them, that their J — — n A± . favorable anticipations of Mr. Mackay have been " 11,44 j U v fully realised, and that his great experience as a Management Fund— teacher, and singular zeal in the discharge of his To Fines 97 14 6 duties, have told most favorably on the educational £» Percentages 45 5 0 condition of the College. The Governors believe that „ Transfers 1 0 0 they will not again have to deplore those numerous 141 19 7 changes of masters which have hitherto exercised so ' mischievous an influence on the progress of the ~ . £-m qqq to q College. . ' The placing of the Boarding Establishment under p the sole charge of the Head Master, which has been ri j r j effected during the past year, is calculated to prove a general i una— most salutary and satisfactory change. By this ar- -By Withdrawals ... ...10,417 13 0 rangement not only, is it intended to secure the » ye. Shares realised 124 0 0 Boarders against complaints as regards diet, but their >, Special Lo»ni 625 0 0 enjoyment (by direct agreement with the Head —11,167 13 0 Master) of those social advantages which are of the By Interest on Union utmost importance in forming the manners of the Bank on overdraft... 3 12 0 young, and of which, under the old arrangement, Management Fund— they were deprived. -p . ~ "The course of instruction," according to the v£ uclltorß • . J 3 0 Deed of Foundation, above quoted, "shall always " ecret»rv ™ 3 0 include the English Language and Literature, one or " IDSPect.°F ••••".— 15 9 0 more Modern Languages, Geography, Mathematics, » A p dve J BUlg> Stafclon- _. _ „ Classics, History, Drawing, Music, and such branches -p / t-T* i \ * A of Art or Science as the Council shall at any time deter- " ■ Kent> Llsht> &c 5° ° j mine." The several branches of study here specified -o x» i tt • " 114 * * have been generally pursued-classics and mathe- By Balance in Union ; matics, however, most prominently occupying the 323 H ° i attention of the pupils. " ' ! The mid-winter examination of the boys was con- ' ducted by the Rev. Mr. Johnston the Rev. Mr. W e, the undersigned, do hereby certify that we S Ax, *! T> ?*P' m^ Cl ptT ?, oUgh,; ~ haTe examined the above balance-sheet, and compared the Christmas examination solely by the, Ear. Mr. the respective items thereof with the vouchers a^d Poole. The attainments of the boys on the first oc- books of the Society, and found the same correct, and casion drewforth the commendations of the examiners;. that the balance of £322 11s. sd. stands to the credit and^on the last occasion, the Eev Mr. Poole says, in o f Society at the Union Bank of Australia, his Report to the Governors, " I have great pleasure -mt -mt txt in stating that in all the branches of education M. M. Websteb, } which have been introduced into the institution, I • w iri T ATIET S Audltorßt am able to record a marked improvement," il, i>. Jackson, j The following Jist of Soholarabips in oonnection jwq pbeQT