THE PA FLY FvgNlNQ, TCIECITAHT PHILADELPHIA, I FRIDAY, MAMH 11, 1370.
CvmtinMtd from Ms Fir Pag.
Kmlriuarj Fund
V. M. I'ivf twenties, por rent $H,nsnno
I . 8. Trn-fortlea, ft per cont Kl.TiWOO
Philadelphia r. por cent, loaa .;wm 00
Philadelphia per emit. Iohii 1 ;,.! -00
losshsres hila1tlpMn Exchange Co. .. . IIO.OWOO
9tC9 shares Schiivlklll NavlimtUm Co.... 110,000-00
n shares Chesapeake ami Delaware
Canal
102 sharrs of name. ivi-clved ai dlvninl.
lne certiorate HohujiH 1 Navigation Co.
boat loan, T per cent., received a divi
dend Bond for loan to Rl lo Koail Turnpike
Company
Philiulniiihin fl nr cent. loan, ttiinuorarv
80,400-00
o,100K
0,000-00
19,000 -00
investment lon,wo-no
Other atouka o.nona
Total of Residuary Kund $:,5'.H)-2
Total for Improvement of eastern front
of rity, as above r.oi.Btri-si
Loans for purchaso of fuel for poor.... O.CS'J'OS
I,oan and rash, comprising legacy of
lawrsnce To-ld, of Illinois 17,101-8!
Loans, comprising rt servo coal rents,
held suhjoct to litigation 13,6184
rnd total i,0M,0S4-8I
The receipts of the estate during the year 1809
amounted to 435,308 OH, the sources of wtilch
were aa follows:
Kents from Real Estate 1278,093-49
Collieries.. 10Z,6i)1!8
" Personal 40.70T-90
Timber f,eavo T.BM-M
Keal Kstate In Schuylkill County.
ISt CUT Solicitor
J.an rente Todd, LeRacJ
11 Income
Total Receipts....'
r.aleiK-e, January 1, 1689..
771 00
1,M6-7S
24 -28
.$49B,!IOl-Oa
. 118,447-85
$.4T,75B-8T
. 490,430118
Total Kxpendltarei
Balance, January 1, 1870 $57, 825 '69
The total amount appropriated during the
year 1869 for the support of the estate and pay
ments on Its acconnt reached 346,079-06, of
which $33,610-50 were expended dnrlns; the
rear, leaving a balance merging of $18,208-20.
Tho- items of the general and special appropria
tions for the year, and the amounts paid out on
each account, were as follows:
Appropriated.
raid Out.
J1.9031M)
f5,0S0f8
,780-00
27.6M-16
1,688 0
81,196-94
600-00
10,060-01
iienerai Appropriations
Water rents.
Taxes.
Salaries of officers.
Kxpenses of lands outside of
Philadelphia.
Permanent improvements....
Repairs
Annuities
Miscellaneous expenses.
I'uel for the poor
19,000-00
67,000-00
10,000-00
83,475-00
8,000-00
9,000 00
600-00
1T.4T8-00
006-61
Totals 1161,038-68 1131,483-31
Special Appropriations
Temporary Investment of sur
plus funds 100,000-00
Alterations to property 6,464-04
Monument to pupils of College
killed In battle. 6,000-00
Temporary Investment of In
come of funds for Improving
eastern part of city 80,000-00
oiist-ellaueous items 1,875-60
100,000-00
4,814-88
6,000-00
79,996-87
1,876 -CO
Grand totals. $316,079-06
Kxpenses of College
$386,610-50
. 163,819-78
Total expenditures of year $490,430-88
The CJtrard Celleve-Ita Conatrectlea and
llleterr.
In view of tho fact that tho Oirard College
paswes into the bands of the new Board of Di
rectors appointed by the new guardians of the
city trnsts, the old board appointed by the City
Councils being done away with, a sketch of Its
history and construction may be of interest in
this connection. '
By the will of the late Stephen Glrard, which
was admitted to probate in 1831, tho sum of
two million dollars was given for the purpose of
buitding a college for the edncatlon and habita
tion ot orphan children. Whatever sum was
left of this amount, after the expenses of the
building hnd been allowed, was to go towards
its endowment. Besides this, the Income of a
residue of the estate, after various other pnblic
aud private bequests had been given, was to be
applied to the further improvement and endow
ment of the college. This roiidue Included all
the rents and profits of the real estate in the
cit of rhlladelpbla, which it was doclared
should be forever applied to that purpose. In
the will the most minute directions are given
for the construction of the college building.
The site originally pointed out was the square
of -ground in the city bounded by Eleventh,
Twelfth, Market, and Chesnut streets. This
was, However, changed in a codicil to a farm of
five acres, called Peel Hall, situated on the
Kldge road, in Penn towns-hip. This ground, on
which the building was erected, is now in the
built-up portion of Philadelphia. Directions
were given that the college, with snltablo out
buildings, was to be constructed of the most
durable materials and in the most permanent
manner. . . . .
All needless ornamentation was to be avoided.
The main building was to be at least one hun
dred and sixty feet long by one hundred and ten
feet wide, with three stories, each fifteen feet
high. It was to bo fireproof throughout. Tho
floors and roof were to be formed of solid mate
rials, on arches turned on proper centres.
Other directions were given for nearly all the
details of the work, including the materials to
be uied, and the design for each particular part.
The grounds were to be' surrounded by a stone
wall capped with marble, with entrances on the
north and south fronts. There were to be at
least four out-buildings. i .
The work of building began in July, 1833,
and the college was formally opened on January
1, 1848.
The outer walls, staircases, floors, and roof
are of white marble, the inner walls are of brick.
The exact dimensions are length, 169 feet;
width, 111 feet; and height, Vt feet. The form
is that of a Corinthian temple, surrounded by a
portico of 84 columns, each 55 fect high, and 6
feet in diameter. The main doors on the north
and south fronts are 16 feet wide and 8!i foot
high. The east and west sides each contain
94 windows. A base of eleven marble steps
extends around the entire building. A marble
statue In the lower vestibule covers the remains
of Mr. Glrard. Ill clothes and furniture are
preserved in an adjoining apartment.
There are five other large buildings within
the enclosure which are used as rrofostors' resi
dences, dormitories, etc., four of which are of
marble, each two stories high, 135 feet long
aad 53 feet wide. The total cost of the edltlcos
was over $1,930,000. Between the main build
ing and the first one to the oast of it now stands
a ' beautiful marble monumont and statue,
erected in the fall of the year 1809 to com
memorate the services of former students
of the college who served the coun
trr with the sacrifice of their lives dur
ing the late war. The olllcors of the col
lege are a president, secretary, two professors,
fire male and twelve female teachers, a matron,
one assistant matron, and prefects, steward),
physicians, etc. ihe Board of Directors ap
pointed by the city authorities consists of seven
teen members. The first president of the colloge
was the lion. Joel Jouci, who was inaugurated
at the opening of tho college, January 1, 1848.
He was succeeded by William II. Allen, inaugu
rated Jaunary 1, 1850. Mr. Allen held the posi
tion for many years, and was succeeded by
Major Smith. On the removal of Mr. Bmltu
by the board, the former president, Mr. Allon,
was prevailed upon to again accept the charge
Of the college, which position no now noius.
The first President of the Board of Directors
was Mr. Joseph H. Chandler, the second Mr.
Frederick Fraiey. The number of orphans ad
mitted durluar the first year was 205. At the
t-losa of the vcar lust completed there were 510
DtiuiU in the college. The expenses of main
ienanca for the first complete year were about
Alt OOO. Last vear tl71.675 was appropriated
by Councils for that purpose, of which
$163,819 78 was expended. The course of study
is divided inld primary, principal, and collegiate
departments. The orphans are received between
the ages of six and ten years, are lea. ciomeu,
and educated, and between the ages of fourteen
aud eighteen are bound out to merhaulcal,
agricultural, or commercial professions. Dur
io the past rear 48 boys were bouud out, 6
wcro expelled, tho Indentures of 4 were can
celled, and 1 died.
The franklin Trukt,
Dr. r.cnjntnlu Franklin, by his will or codicil,
dated Juno K5, 17H.. and proved on April 3:!,
17SI0. bequeathed to tho corporation of tn city
of 1'hllmlelphln onu tbouttaud pounds utorling in
tnibt, directing tho corporation to let out tho
same npon Interest nt live per cent, per annum
to Mich young married artificers under tho ago
of twentv five years who hod served an itpprou
ticefhln fn I'hlladclplila, to assist thom in setting
up their buflnesi". These loans wore not to ex
ceed sixty pounds or bo less than fifteen pounds
to nny ono pcrwon. Tho toatotor also directed
tlint nt thcexplratlm of ono hnndrcd years from
his death, pnrt ot tho accumulated capital of this
tc(tic8t should bo applied to tho purpose of In
troducing water from tho Wissahlukou crcok
into the city.
Borrower's f this fnnd were to pay off an
nually one-tenth part of the principal borrowod,
together with tho Interest, and a bond was
necessary to secure tho loan, with tho surotlos
of two ro8pcetallo citizens. . .
It was Dr. Franklin's calculation that the
XI 000 at 5 per cent, compound Interest would
amount in the courso of ono hundred rears to
131.000 sterling. Ho therefore directed
100,000 to be expondod at that time for the in
troduction of the Wissahlckon water. Tho
water of tho city in Franklin's time was do
rived from wells and springs only. He foresaw
that these would fall, but he did not rightly
conjecture where tho now supply would como
from. The remainder, 31,000, loft after the
100,000 water appropriation had been made,
was to be again let out at compound intorost
for another hundred years, as tho first bad been,
and nnder the same conditions. He calculated
that at the end of tho socond hundred years the
amount accumulated would be 4,061,000
sterling. Of this sum, at the expiration of the
two hundred years, 1,001,000 was to be given
to the city of Philadelphia, and 3,000,000 to
the State of Pennysylvanla. Thcso wore Frank
lin's calculations; but whllo hoping that tho
scheme may be found practicable, ho also adds
in his will these words: "Considering the acci
dents to which all human affairs and projects
are subject in such a length of time, 1 have,
perhaps, too much flattered myself with a vain
fancy that these dispositions, if carried into
execution, will be continued without interruption
and have tho effect proposed."
On referring to the report of the state
of this fund it is found that Frank
lin's fears and not his calculations
were correct. His calculations were right,
according to tho rules of compound in
terest, but they are based on the supposition
that the fund would be incessantly increasing,
and that no losses would occur through failnro
of payment by tho borrower or his sureties. It
has been found that the money to be loaned was
accompnnied by so many onerous conditions
that few borrowers could be found who would
avail themselves of the privilege The fund
was not continually in demand, and had to bo
invested in securities. Many of these securities
have turned out to be worthless, and so the fund
has not como up to the expectation. Franklin's
supposition was that tho Xlt'OO continually aug
menting at five per cent, compound interest
would amount at thn present tlmo to 49,500, or
$347,800, and In 18U0, tho end of tho first hun
dred years, to tho sum of 131, 00. The lost
report chows that the actual sum now invested
to the credit of tho fund is $40,107. A
similar legacy of tho samo amount undor
the some conditions , was made by
Franklin to the city of Boston. The same cal
culations were mnde for this nmount. Direc
tions were given for the disposal of 100,000 of
the fund at the end of the first hundred years,
for the purpose of public works in tho city of
Boston, and at tho end of tho second hundred
tho fnnd was to be divided between the city and
the State government. This fund, held in trust
by tho Selectmen and four clergymen of Boston,
now amounts to about $40,000, so that tho
calculations have been found deficient in this
case also.
Tho nnnual expenses of the Philadelphia
Franklin fund nmount to $100. The Investments
are mado in city securities. Tho receipts of the
fund in 1867 were . $3303; in 1808. $1887; and in
1809, $3015. The appropriations for the city
loan in ibot amounted to WM, in lisua to sjiibxi.
and in 1809 to $3053. The amount actually in
vested in 1869 was $2119, leaving a cash balance
on band of $65. The total investment up to
Deccmbor, 1808, was $40,167.
Fuel Funds for the Peer.
Among various minor trnsts committed to the
oversight of the guardians of the city are several
poor funds left by different parties for different
purposes. The proceeds of some of these were
destined to be used for the purpose of suonlviBC-
the poor of tho city with fuel during the winter
montns. some were to enaoie the city to supply
fuel at low value to poor purchasers, and the
proceeds ot others were to bo used in purchasing
that necessary and presenting it to worthy ap
plicants. Mention has already been mado of the boouest
of Stephen Glrard for this purpose. Tho amount
oi the Deque t was ten tnousana dollars, it was
bequeathed to tue Mayor, aldermen, ana cm
zens of Philadelphia in trust, they to safely
invest the monev in somo productive fund, and
with the interest and dividends arising there
from to purchaso fuel between the months of
March and August in every year forever, and in
tho month lot January - in every year forever
distribute tue same amongst poor white bouse
keepers and room-keepers of good character
residing in the city of Philadelphia. The
receipts of this fund during the year 1869 were
C-v.'-t. i no expenditures uuring tno same time
were $442. Thcro was a cash - balance on hand
Jan. 1. 1870, of $113. The amount of invest
ments for this fund is at present $9089. .
One ot the first contributions for this purposo
was mode by the first lodge of Freemasons of
Philadelphia, in tho year 1793. One-third of the
proceeds of tho sale of the lodgo building, in
Lodfce nlley, was unanimously voted by a meet
ing oi uie original stoesnoiders to the city, to bo
by them applied towards establishing a fund for
supplying out oi tno lcteruet thereof the necessl
tous inhabitants with fuel during the winter
tcaeon. This third part amounted to $1533-57.
On August a, t !, .Mr. Kicuct1, manager of a
circus, gave towards this fund the sum of $430,
and ou May 19, 1790, tho additional sum of $301,
being the proceeds of two benefits taken at his
establishment for that purpose. '
Tho fees and tines o tho Mayor's court from
the years K'.Hi to 1800, amounting to $307, were
also'vcted to tho fnnd.
The sum of oue thousand pounds left by will
of John Blenklev was added to the fund. Tho
will was proved September 31, 1803. Tho orlgl
nal conditions were, "to tho corporation of the
city of Philadelphia, as a fund to proenre fuel
during the winier season for poor housekeepers,
widows."
The executors of Mrs. Kli kpatrkk, In 1804, in
accordance with the will of that lady, paid to
the Treasurer of tho city tho sum of $3378 59,
which was added to tho tuol fund. This was a
balance of the estate alter the puvment of debts
and legacies. This legacy was for the benefit
of tho poor of tho city, w ithout any distinction
of person or color.
These amounts, excepting the Glrard fuel
fund, bare all been united in on, called the
City Fuel Fund. The receipts from these united
amounts during the year 1869 were $337, and
the expenditures $333. The cosh balance on
hand is $113. The present investments for all
of the funds combined is ouiy vouu.
By an act of Assembly approved March 18,
1K47. the Sorlnir Garden Association was em-
pwered to sell a certain lot of ground, and
after puvinar all Incumbrances thereon, and the
debts of the association, was directed to Invest
the balance of the purchase money in tue cor
porate loan of the. district of Spring Garden.
Tho commissioners of that district were directed
to sppIv the interest ot the investment to the
purpobe of supplying with fuel the poor of that
district residing east of Broad street. The lot
and building were situated at the northeast cor
ner of Eighth aud Button wood streets. The
amount thus obtained has been kept as a sepa
rate fund, and nt the present time the invest
ments are $3300. Tho receipts during 1869 were
Vi'.uanu uie expenditures
Dr. Klias Boudinot, by his will admitted to
pi olutc Novembers. 1832. devised certain tlnv
lcr lands in Centre cotinly to tho corporation
of tho city of Philadelphia, in trust to sjp'y the
rents and' income to and for the beginning of a
fund, or to aid one already bcirtin, for supplying
the poor inhabitants of the city and liberties o(
1 hiluiielphla, nlaO tho hou60Uuider3 wno aro not
ablp to provido It for themselves, with fuel
during tho winter scnon. at n price not in any
cnbe exceeding tho modcrato average price of
wood during tho preceding summer, mis being
nndcrdilTerent conditions, wnskept as a separate
fund. The amount invested is $7200. The re
ceipts in 18t!l wcro $4700, the expenditures.
$3-iu'.). The balanco remaining on nauu January
1, 1870, including tho tmvmonts received from
those benefited by the fnnd was $3617.
Kethcr Waters, bv will dated March 35, 1830,
and proved July 6, 1S33, boqucathed to tho Guar
dians of tho Poor of the city of Philadelphia,
tho District of Southwnrk, and tho Township of
Northern Liberties, tho sum ot flvo thousand
dollars in tnwt, to invest the same and expend
the income annuallv In tho purchase of firewood
or other fuel for the poor. The receipts of this
fund during 11:09 wore $505. The payments In
tho samo time were $603. The cash on hand at
tho present time not invested Is $630. The total
investments are $10, 4W.-
Oeoreo ICmlln devised two annual ground-
rents, one of ninety pounds and one of forty
pounds, to tho managers of tho Hospital and
Bettering House of Philadelphia, Jointly, In
trust, to apply the lncomo to purchaso fuel, and
to distribute the same to poor widows, such as
aro not assisted by any public charity. Subse
quently the managers of the hospital relin
quished to tho Guardians of the Poor all their
estate and interest in the premises. Tho amount
invested to the credit of this fund Is $7835. The
receipts during last year wore $330, and the ex
penditures $2637. A cash balance is on hand
not invested ot w&ia.
Other Peor Fund.
Mr. Thomas D. Grover, by his will bearing
date February 83. 1849, bequeathed and devised
to the commissioners ana inhabitants ot the
district of Southwark all of his real and per
sonal estate, charged with the payment of cer
tain annuities, except some persoual effects, in
trust for tho following purposes: First. From
tho Income to appropriate the sum of three
hundred dollars for the purchase of soup and
bread, and to distribute tho samo during tho
winter season among poor persons residing in
the district of Southwark. Second. To appro
priate the income of the balnnce in tho purchase
of fuel, and in tho months of January, Dccembor,
and February annually distribute It among
white widows of respectable character who Are
housekeepers or roomkeepcrs, born within the
limits of the United States of America, whose
husbands shall havo died within the present
defined boundaries of the district of Southwark,
and to no other description of widows. Third.
Upon tho fallirc in of any of tho annuities to
apply tho Incomes appropriated for Payment of
the same lor the liko purchase ana distribution
of fuel.
Tho testator directed that the corporation
should tell his lots whenever they should be-
como salable lor building purposes, on per
petual ground-rent, and that if there should bo
at any time any law to prevent the creation of
perpetual ground-rents, then to sell them by
public outcry. Tho Investment of this fund Is
$88,531. Tho receipts in 1809 wcro $4412; the
payments, $4598. A cash balance Is on hand of
$145.
John Scotlin devised to the city a certain
annnal ground-rent of twelve dollars in trust,
to deliver to the poor nnntmllv, on tho 33d day
of the second month, twelve dollars' worth of
bread. This trust remains as originally created.
The investment amounts to $300, aud the twelve
dollars is annually expende d.
Archibald Thompson, in 1799, left from a
residue of his estate an income of seventy-five
pounas 10 no devoted, one-nan to tue purchase
and distribution of bread in the month of De
cember, and the other half for a liko purpose in
the mouth of February. The surviving execu
tor of tho estate directed by will that the
account of this triut should forever be kept
separate on the books of the treasurer of the
corporation, so that tho money might never be
biendca witn tno moneys ot me corporation,
nor bo used for any other purpose whatever.
Tho receipts of last year from the fund were
$144, the expenditures $53. The cash balance
is $388, tho investment $3334.
James Oulton leit a similar tnibt. A residue
of his Cf tate was bequeathed, the lncomo of
which was to bo applied to the aid. comfort, and
support of the poor in the township of Northern
Liberties, it was directed mat tne money was
to bo laid out in tho purchase ot clothing, lood,
and fuel. S3383 were received last vear as the
income, and $2052 were expended. The amount
of investments is $5100, and there is a cash
balance of $487.
illlam Carter devised certain ground rents
to the city, amounting to about 17. for the use
and services of tho almshouses and the relief of
tho poor people. Besides this a yearly ground
rent of xo was bequeathed lor the use ot tue
poor In the city, those whose - names are on the
poor-book as well as others.- - Tho following is
the present state of the fund: Amount of in-
vestments.$1259; receipts In 1809, $65; expendi
ture, $19; cash on hand, $111. A poor fnnd left
by Ann Armitt amounts to $300. Its receipts
last year were $18, ana tnero is iso casn on
hand. -. . ; ;
A soup fund was bequeathed to the city by
Paul Beck in 1844. n consisted or. an annual
erround rent of $500. which is annually dlstribu
ted between tho soup societies. The investment
is fbiwa.
: Tke Wtlln Ilaspital.
Another of the city trusts is tho fund created
by James Wills, who by his will, which was duly
admitted to prouato on tne om aay or jannary,
1835, devised as follows: "Ail the rest, resiaue,
and remainder of mr estate, real, personal, and
-1111AUU, UUtU Lliak T U1V. II A uun ui tune
I may hereafter acquire. I give and bequeath to
: 1 U . I . ,klAU T nr, A nil that
the Mayor and corporation oi tne city oi rnua
delphla, for the timo being, and their successors
in omce lorever, in trust, ior xno purcnase oi i
buflleient plot of around In the city of Philadel
pbia or in the neighborhood thereof, and thereon
to erect, or cause to do crecieu, suiiaoio ouiui'
imrs and accommodations for an hospital or
a-vluin, to bo denominated 'The Wills Hospital
for the relief of the indigont blind ana lame
The funds thus appropriated are to be put out on
good mortgage security, or city stock, and after
expending the necessary sum for the lot and
improvements heretofore mentioned, the Income
of the remainder is to be exclusively applied to
the comfort and accommodation or as many
of the Indigent blind and lame as the
income will admit of. aft c defraying the neces
KrvcYnnsea incident to such an establishment
And to the aforesaid Mayor and corporation of
the said city and their successors in omce is in
trusted the duty of appointing trustees or mana
gers, and all otner matters ana mings in any
wise appertaining to tho due fulfilment of the
aforcpulil henuest. the rlerht reirulatlng the esta
blishment, and insuring tne rigm application oi
tho funds to the purposes heretofore stated, and
for the sole use and benefit of the indigent blind
and lame, giving preference to those persous
resident in rhlladeipnia ana its neignuornuoa.
in (LPf-nrrtnrw'A with these directions iue cur
poration has had the hospital building erected
on Race street, above Eighteenth. The income
of the remainder of the lund has been applied
(is directed by the testator. The folowlng is the
fitnt nf thn. fimihAmotmt of Investments
84 000. Re.eelr.ta In 1809. $9,383. Payments,
$9758. Cash balance on baud January 1, 1870,
I The validity of this bequest was disputed by
the heirs at law of James Wills, and on the 3lst
day of March, 1831, Judgment was rendered by
the Supreme Court of Pennsylvania in favor of
ine corporation. ' " '.
I . . MlarMlttaeaua Tracts.
John Bleakley, who was also ouo of, the con
Lrlhiitn-H to thn funl fnnd. 1)V the same Will be
iqueathcd one thousand pounds to the city, to be
used as a fund to relieve those who- may be
reduced to the necessity of being placed In tho
hospital durlnor the existence of the yellow
fever. The . General Assembly; fov an act
approved AprU 16, 1830,. authorized tho city
(corporation to appropriate and pay the annual
income of this bequest to the managers of the
Wills Hospital, but provided that at any time
the fund or Income should be required for tho
purroscs specified in the will, ttion It should bo
so impropriated. At present thoro Is $11,850
invented, aud iu cuwli. iho income last year
wns $0C0, and the payments $0iS.
( John Scott, of Kdlnhurg In 181ft, mado two
bequests to the city, ono of $3000, to bo used for
the same purposes as tho Franklin legacy, the
other of $4000 worth cf cltv stock, tho interest
and dividends of w hich were to lo laid out in
premiums to bo distributed among ingenious
men ana women Who make useful inventions.
Tho premiums ' were not to be moro than
twenty dollars each, and with each was to bo
be Klven an cnirraved conncr medal. Tho fol
lowing is a etatcmcnt of tho condition of tho
wo funds: For the $O00 fnnd: Investment.
$20,000. Receipts in 1809, $1115. Payments.
$1244. Cash balanco January 1. 1870. $177.
For the $3000 fnnd: Investment, $13,898. Re
ceipts In 1809, $075. Payments, $679. Cash, $81.
Klliot Cresson. bv his will bcarlnc: date in tho
year 1837, provided as follows:"! give and be-
qucain to uie Mayor and Councils ot 1'hiiadoi-
hla the sum of $5000, in trnst, as a perpetual
und, the Income of which I desire shall be an
nually, forever, expended in planting and re
newing shade trees, especially in situations now
exposing my fellow-citizens to the heat of the
sun.
The Investment of this fund Is $5000. Tho
1809 receipts were $300. Tho cash is $1599.
There were no expenditures.
A separate fund Is made of a ten thousand
dollar bequest of Stophen Glrard, bequeathed to
tho Philadelphia Controllers of Public Schools,
for the use of schools npon the Lancaster sys
tem in the First School District of Pennsylvania.
Of this $9i00 are Invested. The last annual re
turn was $594, which was the amount expendod.
i nere is also $3V7 cash.
Besides the foregoing trusts there are several
smaller ones. One of B. McMahan has $500
invested, $48 cash, $29 annnal rocelpU, and no
expenditures; another, that of J. J. W. Morris
has $607 invested and $280 cash, but no pay
ments or receipts; another, of D. Claypoole, also
witnout receipts or payments, has invested
and $2 casn. These aro for different purposes,
but both in amount and object are of very little
importance.
WINE8 AND LIQUORS.
HER MAJESTY
CHAMPAGNE. j
DTJNTON 3t I. US SON. I
215 SOUTH FRONT STREET.
rpHE ATTENTION OF THE TRADE IS
X sollciud to ths follow! n vsit Uboio WIum, t
vusivn i.ussun,
' Vt SOUTH FRONT 8TRKKT.
0HAMPAONK8.Airenta for b Majtatr. Das d
Montebello, Curt Bleu. Urt BUnob, and UharUa
rine iunoo v in juigems, ana in imperial, jn. Ktes
man Clo., of Hajrenoe, bpaxklinc Mowll and KULNJK
MADKTRAB Old Island. Ronth RM Rjuuir.
K11HRR1K.S. F. Rudolphs, Amontillado, Topaz, Val
letta, Pule and Golden Bar, Otown, etc
I'OKi 8.-Vinbo Velho Real, Valletta, and Grown.
OI.ARKT8.- l'romia Aine A Oie., Uoatlerraod and Bot-
oeaux. ijiftreis ana cameras winea
tJ IN. "Metier Mwan
BK ANDllOL liennesaer. Otard. Dodot A Oa's variooa
Tiniapee. a
QARSTAIRS & McCALL,
No. 126 Walnut and 21 Granite Sts.,
! IMPOP.TKR8 Off
i
Brandies, Wines, Gin, Olive Oil, Etc.,
! WHOLES A I.K DKALKB8 IN
PURE RYE WHISKIES,
IN BONO AND TAX PAID.
5 as apt
WILLIAM ANDERSON A CO., DEALERS
in Fina Waiakicw,
aa i aona Bnuunu otraas,
PnlladelDbla.
II Alt DUNG'S EDITIONS
; of
TUB HOLY BIBLE.
. I . . . .
FAMILY, PULPIT, AND PHOTOGRAPH BIBLES
roa-
WEDDINQ AND BIRTHDAY FRX3SKT3.
; ALSO, PRESENTATION BIBLK9 FOB '
CHURCHES, .
, CLERGYMEN, ' '
SOCIETIES AND
i . , : TEACHERS, ETC.
New and superb assortment, bound In Rich Levant
Turkey Morocco, Paneled and Ornamental Designs,
equal to the London and Oxford editions, at less than
half their prices. 4- ....;. l i . ;
No. 828 CHESNUT Street. :
STSENQTH, BEAUTY, CHEAPNESS COMBINED I
"' HARDING'S PATENT CHAIN-BACK
rUOTOORAril ALBUMS.
For Wedding, Holiday, or Birthday Presents, these
Albums are particularly adapted.
The book trade and dealers In fancy articles will
find the most extensive assortment of Photograph
Albums In the country, and superior to any hereto
fore made. For great strength, durability, and
cheapness, Harding's Patent Chain-back Albums are
unrivaled. Purchasers will find It greatly to their
advantage to examine these new linos of goods be
fore making np their orders for stock.
Also, a large and splendid assortment of new styles
of Photograph Albums made In the usual manner.
! - No. IM HXSNUT Street,
I tn Philadelphia.
BLANK BOOKS.
Important to Book-keepers.
j JUST PUBLISHED,
. TBI
I "CATCII-WOllD"
LEDGER INDEX;
(COPYRIGHT SECUBEDV .
Book-keeters and all others having to dm an Index
WlU And this a very valuable book. , . ,
j By using the "Catch-word" Index, It will not only
lavs time and eyesight, but the siding of nam
tnlckly is a mathematical oeruunij.
Yoa are invited to call and examine It.
. rUBIJBEXD ST ( ,
JAS. B. SHITE & CO.,
Wholesale and Retail Blank' Book Manufacturers
and Biatlonera, ; "
Tio. 27 South SEVENTH St..
ID tt tostuSm PHILADELPHIA.
INSURANOE.
TXEI.AWARR MUTUAL 8AFKTY IN8URANCB
t company. Incorporated by the Legislature
of Pennsylvania, isito.
Office southeast comer of THIRD and WALNUT
Btrects, ltilla.lolptila.
MAH1NK INSURANCES
On Vessels, Cargo and Freight to all parts of the
world.
INLAND INHURANGKS
On goods by river, canal, lane and land carriage to
nn pnna ii me i num.
FlftK IN8UKANI KH " '
On Merchandise generally; on Stores, Dwellings,
nouses, eio. . ,
ASSETS OF THK COMPANY
November 1, 1S9l ,
1200,000 United States Five Per Cent
Loan, ten-forties fH.OOO'OO
100,000 United btates Six TerOcnt.
Loan (lawful ruonry) 10T,T3000
60,000 United States Six it r Cent.
Loan, IHttl 60,00000
(00,000 Btate of Pennsylvania Six Per
Cent. Loan 18,900-00
800,000 City of Philadelphia Six Per
Cent. Loan (exonipt from
tax) aOO.MSDO
100,000 State of New Jersey Six Per
Cent. Loan 104,00000
80,000 Pennsylvania Railroad First
mortgage on rer veni.
uontis
19,400 40
80,000 Pennsylvania Kan road Se
cond morucaire Six ner CenL
Konds l3,ea-00
85,000 Western Pennsylvania Rail-'
road Mortgage Six Per
Cent Bonds (Pennsylvania
Railroad guarantee 80,000-00
80,000 State of Tennessee Five Per
Cent. Loan 10,000 DO
T,000 btate of Tennessee Six Per
Cent. Loan 4,17000
18,600 Pennsylvania Railroad Com
pany, 8S0 aharea stock 14,000-00
6,000 North Pennsylvania Rati
road Company, ISO aharea
stock rr... M00-0G
10,000 Philadelphia and Southern
Mail BteamahiD Com.
paoy, 80 aharea stock T, 600 00
mo,vuu jjoans on uona ana Moru
Rairo. first llena on Cltv
Properties 4,IOO-00
11,831,400 Par. Market value, l,966,8TO-oo
COSt. tl.SlB.Sij-SI.
Real Estate M.ooo-oo
Bills Receivable for insurances made... 188,100-70
Balances aue m a gencies :
Premiums on Marine Policies, Accrued
Interest, and other debts dne the Com
pany 66,097-M
Stoek, Scrip, etc., of Sundry Corpora
Uons,t4lo&, KsUmated value 1,740-80
uasn in nana iitw.sfiswj
Cash la Drawer T8-M
169,89114
1,809,100 -04
I
DIRECTORS.
Thomas C. Hand,
Samuel E. Stokes,
William . Boulton,
Edward Darlington,
H. Jones Brooke,
Edward Lafourcade,
Jacob RiegeU
Jacob P. Jones,
James B. MoFariand,
Joshua P. Kyre,
Spencer Mcllvaln,
J. B. Semple, Pittsburg,
A. B. Berger, Pittsburg,
D. T. Morn-an. Plttsbure.
tfonu . jjavia,
Edmnnd A. bonder,
Theophllus Paulding,
James Traqualr,
Henry Sloan,
Henry C Dailett, Jr.,
James C. Hand,
William a Ludwlg,
Joseph H. Seal,
Ilngh Craig,
John D. Taylor,
weorge w. isornanou,
William C. Houston,
THOMAS C. HAND, President.
' JOHN C. DA Via, Vlce-i-resldent.
HENRY LYLBL'liN. Secretary.
UKNKY BALL Assistant Secretary. 11
IN5TJBANCE COMPANY
OF
NORTH AMERICA.
JANPABT 1, 1870.
Incorporated 1791.
CAPITA!-.
ASSETS
Charter Perpetual.
8300,000
!, 783,581
Lease paid since organization.... 993,000,000
Receipts of Premiums, 1869....SJ1,991,837'45
latere, from Investments, 69. 114,696-74
9-4,106,5:14-19
81,035,aS6'l
Loeses paid, 1869
Statement of the Aaaets.
First MoricMee oa Oitf Property - $766,160
United States Government and other Loaa '
Beads. 1.13S346
Railroad, Bank and Oaaal Stock. .
S5.7U8
847.830
83,668
881,944
9U.S67
86,188
louos
80 AO
Uaeh In Bank aad Offloe ,
Loans on Collateral Security
Notes Re oei Table, mostly atailna Premium.
Accrued Interest
Premluma in eoune of trananUaaiea. .
Unsettled Marina Premiums
IHH
Real Estate, Offloe ot Company, Philadelphia. .
-4,783,381
DIRHOTOH8.
A rliar O. Coffin.
Samuel W. Jones,
Joba A. Brown,, i '
Obaries Taylor,
Ambrose VYbite,
William Welsh,
S. Morria Wain, '
John at aeon,
Ueorre L. Harrison,
Francis R. Cope,
Kdward U. Trotter,
Kde-ard 8. Clarke.
T. Oharlton Henry,
Alfred D. Jessup,
Louia O. Madeira.
Charles W. UnaBman,
(Moment A. Oriaoom.
William Brook ie.
ARTHUR O. OOFF1IT, President
OUAELRS PLATr. Vioe President.
MatttHaS Mabis, Seoretary.
O. H. Rkeves, Assistant Seoretary. 8 4
1829 CUARTER PERPETUAL. JgyQ
Franllin Fire Insurance Company
OF PHILADELPHIA.
Office, Nos. 435 and 437 CHESNUT St
Assets Jan. I , ,70i$2.825.73 1 '67
CAPITA Ti. i ftOOOODO
AOURUfcD SURPLUS AND PREMIUMS... .lTUl-ST
INCOME FOR W.
8ll),0Ufc
. LOSSE8 PAID EN 1869,
e 14, wo
lossespalisince 1829 over $5,500,000
Perpetnal and Temporary Policies on Liberal Terms.
The Company also iesoea polioiea upon the Rente of all
kinds of buildings, (.round Itenls, and Mortjraeee,
The "IKAJihUJN" baa no DlbfUXKD CLAIM. '
DIRECTORS. ' '
Alfred G.Baker.
Kaunel (Irant,
(.oorge W. Hiuharda,
Isaac Lea.
A urea ritier,
Thomas BparkS,
William B. Grant.
Thomas S. Kilts,
George t ales,
I 'ILTRKD O. HA KKR. Praaldent.
1 t . o . . OKOKU K FALKIt. Vioo-Preaideat.
JAMFS W. McALl.lBTIB, Secretary.
; Til KO DORK 11. KJKUKR, Aaaiatant Seoretary. 1 194
A S B XJ JEL Y
LIFE INSURANCE CO , N. Y.
Kumbor of Policies issued by the Bra largest Now York
Oompaalaa daring tno Bret yean of their existence
MUTUAL! (28 months) .1099
NEW YORK (IS months) ....I0H1
Manhattan... hi mouths).. m
KNICKEJtBOUKIB.uftM months) ftsa
KQU1TABL&... (IT months) Wo
During the 81 months or its existence the
' '.im ASBURY'' ' .
HAS ISSUED 2600 POLICIES, '
, , IKSURIKQ USABLY ,000,000:
Reliable OaaTaeeisg Agents wanted Uuooghoat the
Manafrer for 1'euusylrania and Delaware.
Office, Wo. sTff AI Jl UT bireot. Philadelphia.
8AMUKL POWKH,peeiaJ Ageaa. , 4 lot
UfEiUJLXi . VTJELB . WSUllAKOB . 00.
.L0HDO. .
a f UTAJULISla&D 1803. .,:!'-raid-op
Capital and AMramalatedFrwav -! ' '
08,OOO,qOO I PC QOLD,
PlUSVOST a HKKaUSCr, HU, .
J Ko. W a Tat&O Street, PhBadnftH, ;-. ,
CHAS. M. rBST08T, GLU& r. BZSBiHa
INSURANOt,
F
IUR ASSOCIATION.
IlfOOnrORATKD march r. im.
OFFIOK, I ,l!-l i
NO t NORTH FIITH 8TRjr.PT.
i ' ' " iNBUnF. " "
BUILDINGS, HOUBRHOLD FURNrtURF.. AND
MKROHANDI8R OKNKRALLY.
Prom Lost by Fire (In the Olty of Philadelphia oalyl.
AHSETM, JANUARY 1, 1H70. l, 574,7
THCSTERS. ' '
VM II. HAMILTON;
JOHN CAHKOW.
OKOKOK I. YOUNO,
JOB K. I.YNllALL,
iCTTARI.F.S P. ROWKR,
ROHT. BIlOKMAKKh,
Mjlt. lMOKINHON,
I KT R WILLI AMSON.
8AMUKL bPARHAWK.
JObKPll K. BOUKLL.
WM. H. HAMILTON, Preaident. '
j 8AMURL8PARHAWK.VlooPrldent.
j WILLIAM T. BUTLEB,
M ' ' ' Secretary.
pAMJt INSURANCE. GO MP ANT.
Ro. 80S OHKBNTJT Rtreet.
INOORPO RATED I86S. OHARTEK PERPITUAL.
CAPITAL, $W0J000.
FTRK INRirRAHnn KTOi.rrnnrarrv
Insnrea sgainat Loaa a Damage by Fire either by Par.
petuai or Temporary reuotae.
DULKCTVrU!
Charles Rlebardaon, , Robert Peareo,
Willi. n. II Vk.n
Jnlm Kmmmlm
WiHlam M. tmrtmtt
John F. Hmlto,
Nathan UUIm.
esler, Jr
Charlee BtokeaT
Joba W. tfrei nsan
ilfrf.n.l Lj . .
UeorgeA. Weet,
. CHARLES RICHARDSON, Presldene. ,
WILLIAM H. RHAWN. Vioe-Prealdeaa.
WnXIafeTS L Bujiohaxd. Seoretary. ... e ggf
THE ENTERPRISE INSURANCE CO. OF
PHILADELPHIA.
Offloe 8. W. eorner of FOUR! H andWArjTUT Btrawia.
FTKE 1NHURA()R EXOLU81VKLT.
PKRPirrUAL AND TERM POLICIES LSHtTED.
OAKU Capital Caid np in full) .T!?. .T.ti!ouOW
Caah Aeeeta, Jan. l, INTO 83'A4,32-L3
F. futobford Starr,
Nalbro Fraaler,
John M. Atwood,
Beni. T. Trediok.
ViASUi vno.
J. UTiBgaroa Rrriagar.
Jamea U UtaaWnT
Vim. It. Unrnii-
Charles beeCr,l !
TbomaelL Moauroaaory,
Qeorge H. Stuart,
loan n. n
1L Utowu, J
V. RAtOHFORD STAR
Jamea M. AarUoa.
R. Preaident.
. . THOMA S H. MONTGOM ERY, Vloe-Prealdaat.
ALEX. W. WIBTKR, Heoreiary. ' ,c"",afc
JACOB K. PKTEKSOal, Aesielant Seoretary
THE PENNSYLVANIA mi IN8URANCK
OOM PAN Ye
--Inoorporated 1SJ6 Charter Perpetual.
H!fcJ?0rALI''CT 8twA "P1"0"1 Idreo:enoe BVraara.
This Company, favorably known to tho oosaunwsAaiftw
erer forty years, continues to insure aralnat loaa or dean,
age by, Ore on Puhlio or PrWata BoJUimiraTMther perma.
nently or for a limited time. Also on VuraiUtro, Btoaka
O' oia, and Merchandlaogenerally, on Uberai terneaT
Their Can. tal, together wlUl a largo BnrpTusnmL Is
mrested in the most oareful manner, whioh anablaathM
taioxns.
Daniel Bmith, Jr., I Joba Pereiwug,
Alexander Benaoo, : I Tbomaa BmrthT
Isaao Haalehnrst, I Henry Iia,
Thomas Rooms, I J. Uilluuham FaB.
Daniel Haddook, JrT
DANIEL SMITH. JaU Pramtdan
WM. O. OROWKLL. Seoretary. B "5,
QRCAT WESTERN
Mutual Llfo Insurance COe
OFNEWYOBK.
; EDWIN E. SIMPSON, MANAGER,
Jo. 019 WAUUT St.,' Plailadsu
t .......
All the good, equitable and liberal features ot the beak
Llfo Insurance Companies are guaranteed to the poiioy
boldera of thie Company. 1 JJ stathznt
Liberal arraagemenU made with competent agents. '
8EWINQ MAOHINESe
H2 M O "V V. Xj.
THE PAR HAM
i -
SEWING MACHINE CO.
HAVE
REMOVED
FROM
INTo. TO. CII1SS1VUT St.
I
' TO THEIR MANUFACTORY,
SS4, LO and
SOUTH FIFTH STREET,
l
Where all orders for their CELEBRATED MA
CHINES will hereafter be addressed, and where a
large assortment of Uiem will be kept on hand and
disposed or at is S3 1st
Wholesale and Retail,
017 THE MOST FAVORABLE TERMS.
NEW PUBL.IOATION8.
HILOSOPHT OF UiRSIlfll
A Hew Course of Laeinraa. aa deliararad at tha Nm
ork afnaeom of Anatom. nbndu tba mthu
lorn to Lire, and What to Lire fori Youth. Matoritr. aad
'id Ami Manhood Uestanil Kariewadi The (luu.j
Indigestion : slataleaeo and Kerrona 'DisssessAooonatedl
marnago rniioeopnloaily tJouaidered, eta. eta.
'ocaee rwnme eonteinlne tneee Iima mm km
srard, pooaid. onreowpi of K eente, by addreering W,
WANTS.
Pared to rernish ail clsaans with constant employ
utent at home, the whole of the time or for the spare
Aometita. Uuauioea new. light, and yruh table. Persoae
of either hi oaaily earn fraw Wo. to Co per ereoing, aad a
proportional sum by devoting their whole time to the
bn.inesa, Boya and gir.e ears nearly aa maobaameav
That all who sea this aotioo may eeawl their addresaTanA
test the bneinesa, wo make this anpereUeled o0or Tm
souh aa are not well aatin'ied. we will aend CI to pay fee
I we urouuie of writing, ruu painwniara, a ealoabie sa
plo, wbioh will do to ooeaaseoeo work oa, and a eowr e
, 1 As froW Uttntm (Vmrxintoa one of tho laraeM aad
beet family newspapers publwhod all cent free by mall.
Keader.it eon want permanent, nraUtaole ork.addtea
K. U-AXLim AOX. AngaeU, Maine. TIM ens
C OTTON BAIL DUCK AND . CANVAS,
Of ail am bars aad branda. , Teat, Awntag, Trenkl
and Wuroa-eurer Duck. A Wo. Paper Maouiaoturers
irier SejM, , from thirty to aereatraU laohee. antfe'
tShji W. KVEEMAl
lus OHUJaUU Street (Uitg btere.