Sept. 30. By amount transferred from the General Account . $50.00 300.00 $350.00 $3.48 $2,000.00 $2,000.00 $1,845.34 103,280.19 52,618.00 301.27 $158,044.80 The real estate is subject to the following incumbrances, the balance of the mortgage note ($4,000), the principal of the Appleton Fund ($12,203), of the Massachusetts Historical Trust-Fund ($10,000), of the Dowse Fund ($10,000), of the Erastus B. Bigelow Fund ($1,346.95), and of the William Winthrop Fund ($3,000) and a part of the principal of the General Fund ($3,700), making in the aggregate, $44,249.95, against $50,175.59 last year. During the year a further payment of $6,000 has been made toward the extinction of the mortgage debt; and it is the expectation of the Treasurer that the balance of this debt. will be paid in the course of the current year, and that some progress will be made in re-investing the funds which are now an incumbrance on the real estate. Heretofore the income of these funds has been credited at the rate of six per cent per annum; but it cannot be expected that so large an income can be obtained from any investments made at the present time. CHARLES C. SMITH, Treasurer. BOSTON, March 31, 1886. Report of the Auditing Committee. The undersigned, a Committee appointed to examine the accounts of the Treasurer of the Massachusetts Historical Society, as made up to March 31, 1886, have attended to their duty, and report that they find them correctly kept and properly vouched; that the securities held by the Treasurer for the several funds correspond with the statement in his Annual Report; that the balance of cash on hand is satisfactorily accounted for; and that the Trial Balance is accurately taken from the Ledger. BOSTON, April 9, 1886. EDWARD BANGS, } Committee. Mr. GREENOUGH, from the Committee to nominate officers, reported the following for the ensuing year; and, a ballot having been taken, they were unanimously elected :— On motion of Dr. PEABODY, the thanks of the Society were voted to the retiring members of the Council. A new serial containing the Proceedings of the Society from December to February, inclusive, was laid on the table by the Recording Secretary. The PRESIDENT invited the members of the Society to his house in the afternoon, where a large number assembled and an entertainment was provided. |