The Portland gazette. [volume] (Portland, Me.) 1818-1824, 1821-07-24

There has beeen no expence attending the OPP
Grafton Of the Institution the last year: the a.
mount Of charges originally incurred for books, &c.
being S34, so is balanced by debiting the accu.
muaticg fund 4; and leaves to the credit OF that
fund the sum of Sl32, %, being an increase of
SEA, Is, since the last annual exhibit
All which is respectfully submitted.
(Signed) WIN. SWAN, Treasurer.
Portland, July 18th, 1921.
The committee having examined the foregoing
account, and compared it with the books Of the
Institution. have the satisfaction to find il per-
fectly correct. Its accuracy and Intelligence
supersede the necessity Of any particular comment
upon its details. which demonstrate. better than
any elaborate Illustration. the benefit Of its oP-
eratons during the past year; & at the same time
confirm the justice THE general rema rks, here
tofore submitted TO the public by the Trustees of
the Institution, upon its useful and economical
character, and it, benevolent, moral tendency.
They are happy to add, that much Of the credit
Of its fortunate sdmnstr ration is due TO the faith
fulness and assiduity Of its two most important
officers, the Treasurer and Secretary, 10 their
Jealous and gratuitous services. The whole es-
Enlistment exhibits the striking and disinterest-
ed example of a money institution, not for the
benefit Of the rich conducted with simplicity,
with success, and without expense. Care is ia
ken that among the variety of candidates for
ats advantages, the selection should be
fined to the most suitable and deserving indvid-
uals. 1t ought TO be fully understood, that this
institution is devoted to the aid Of industry and
economy, and not appropriated to those who have
the power of employing capital. 4 port of the
Sums exhibited as Withdrawn consists of payments
made TO depositors, who on this account were not
considered proper benefciares Of the institution
Che exclusion Of whom is in some measure neces-
sary, TO secure the advantages Of its limited oper
alton, to is just and original objects. Notwth
standing The amount subtracted. it is gratifying
70 observe that the aggregate has increased from
S8,289.09 10 Sl4 1900, and that respectable
proportion has been added to those who are en-
ioying the benefits of the institution. OF its So
hdity an opinion may be formed from The invest
ment Of its funds, and perceiving its CONNECTION
with the prosperity of the the two Banking estah-
lishments of the metropolis. These remarks are
respectfully submitted.
5 g ! p.S sSsiS Committee
Portland, July Is, 1921.
Az the annual meeting of the corporation on
Wednesday last, the following officers were cho-
sen for the ensuing year:
Hon. Prentis. Mellen. President. Matthew
Cobb. James Deering, Stephen Longfellow, Jr.
Albion K. Paris, Isaac Ilsey, Asa Clap. Ezekiel
whitman and Lew Cutter, Esq'rs, Vice Presi-
dents and Albert Newhall. James Neal, VIM.
Chadwick, Charles FIX. VIM. P. Preble, Mark
Harris. Joshua Richardson. Henry smith. Simon
GreeElesf, Samuel Trssk. WIN. swan. Richard
Cobb, Charles s. Daves, Israel Richardson. Hez
ekiah Winslow and Alpheus Shaw. Esqrs. Trus-
tees. The above gentlemen are respectfully
requested to accept this notice of their appoint
ment,
As il has become somewhat difficult 70 invest
the money deposited in the institution. il was
voted at this meeting, that, for the future. its
operation should be restricted 10 the county ~
Cumberland: Depositors from other counties will
notice this arrangement James Neal. ESQ. was
chosen Treasurer, and VIM. Willis, Secretary
for the current year.
by order: WIN. WILLIS, sec'ry.
4h Of July Celebration at .NevfeH
The Anniversary OF Independence was cole.
brated at Newheld in style suited 70 the sitna.
ton Of affairs. Agreeahly TO prev ious Motto. a
considerable petition OF The inhs bitants assembled
about eight O'Clock, A. NJ. near the dwelling
house Of Mr.. JAMES HEARD, and after maxine
suitable arrangements, commenced their labor hv
removing an old wooden bridge and PREPARING II
erect one Of stone. They continued their labor
bros the day with perfsrf