RIVERTON ATHENAEUM.

Western Star, Issue 857, 5 July 1884, Page 2

RIVERTON ATHENAEUM.

COMMITTEE MEETING. The Committee met on Thursday, and after passing a few small accounts, the statement of accounts to be submitted to the annual meeting of subscribers was read and approved of. There were present Messrs M‘Donald (president), Eullarton (vice-president), Gr. Eeid, J. Eeid, Petchell, Galloway and Ireland (secretary). The ANNUAL MEETING OF SUBSCRIBERS was held immediately after, at which there was only a bare quorum ; the president occupying the chair. The minutes of the previous annual meeting were read and confirmed. The report and balance sheet for past year as follows, was read and adopted: — Your Committee have pleasure in presenting tiie eleventh annual report and ba'ance sheet. There is a credit balance shown for the first time since the establishment of the institutian. The institution in the first year of its existence was saddled with a debt of £2oo—• valuation paid for building on endowment, now occupied by Mr John Parry. Your committee are now in a position to clear the remaining £IOO of this debt off, the shares we hold in the Building Society having now reached that value. The remaining portion jof endowment at Otaitai has been leased onj favorable terms. On account of the heavy outlay in draining and improving the land, receivable in the meantime is small, but at the expiry of the lease it will be a valuable asset. The improvements on building occupied by Mr Parry are now approaching completion, and are being carried out in a satisfactory manner. Your committee would very much like to see the number of subscribers increased. Now that the institution is free from debt, if there were more subscribers we could get a considerable addition to the library every year, and we would urge upon subscribers£who are in arrears to pay their subscriptions without delay. •'i Balance Sheet to 30th June, 1884. RECEIPTS.

' ’ £292 3 6 LIABILITIES. J. R. Mill’s, loan ... ... ■ iM £IOO The election of office-bearers was ..then proceeded with. Mr Jas, M'Donald was unanimously re-elected president. Messrs Fullarton, Don and J. Eeid were nominated for the vice-presidentship ; the ballot resulting in a tie between the two first-named, gentlemen, the President gave his casting vote for the re-election of Mr Fullarton to the office. Mr Jas. Ireland was re-elected Secretary. The following were elected as a committee : —Messrs Don, Petchell, Galloway, J. Reid, Burns, Mills, G, Reid, A. Ireland and J. Hancock.

The President agreed to act as treasurer, as he had done for a nortion of the past year. It was resolved on the motion of Mr Don, lhat a hearty vote of thanks be accorded to Dr‘Young for his kindness in lending the “ Nineteenth Century ” periodical for the use of the reading-room ; that a copy of the resolution be forwarded to him; and that his example be recommended for imitation by other members of the institution.

It _ was suggested that several additional newspapers be procured for the reading-room table, the matter to be refeared to the committee for future consideration. A suggestion by Mr Fullarton that a reading-stand be procured for the local papers, was dealt with in a like manner.

A vote of thanks to the retiring committee and a similar compliment to the chairman brought the proceedings to a close.

To Balance from 1883 £8 8 9 John Parry’s rent 18 0 0 D. McLeod’s rent 4 0 0 G-. Stevens’rent ... 1 2 6 E. Simpson’s rent ... 7 1 10 Half share of leases 4 11 6 Proceeds of entertainment 14 9 0 Members’ subscriptions ... 35 11 6 Subsidy from Qovermeut 23 19 4 Balance from books 1 17 2 Old papers, catalogues, &c. ... 0 17 11 £119 19 6 EXPEND ITTTBE James Ireland (attendant) £26 6 0 J. L. McDonald, leases ... 20 2 0 J. W. Bridge’s account ... 2 9 8 Interest on loan ... .... 8 0 0 Building Society subscription 12 16 0 J . L. McDonald & Co.'s account... 3 14 9 Papers and periodicals' ... 13 1 0 W. B. and Instone’s account 1 10 5 Insurance on books 1 10 0 Stamps and chequebook ... . 0 11 6 Bent of premises ... 9 12 0 Reid Bros.’ account 2 14 0 Coal, and chimney sweeping 1 5 0 Petchell Bros.’ account ... 0 5 6 Rent to date, 30th June 6 0 0 Expenses on book 1 19 2 Cash on hand 2 0 6 Balance at Bank '... 0 12 0 Ireland’s attendance to-date 30th June .... ... ... 6 10 0 £119 19 6 ASSETS Amount due by G-roper’s Bush Committee on books... £0 11 0 Balance in Bank ... 0 12 0 Cash in hand <■ .... 2 0 6 Furniture ... 15 0 0 Subscriptions due 10 0 0 Books in Library... 164 0 0 Building Society shares ... 100 0 0