The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-02-20

deuositors in savings banks noticed in the Assembly
provides ~ fotows:-
sscsa All ssy1gs ps.1 .ss s, ass n e sac
shall choose president and Vice preas and i've Of whom
sns Sec The pressn managers Of he banks shall dsxas
az q ~ sS :.
sa z q 'B 1 o. han ss
Of The Bank Dse.nnss. .A.l
Aforesaid board Of eli e dlrectors-
Sec. The County Supervisors Of the county where
like manner
Sec Vacancies to he filled by the original appointing
Sec ]. Provides for the investment OF the money oa
depost or fund of Unied
states stocks in State socks to exceed 40 per
cent In Ct bonds not to exceed so cent in bonds
and moteage unincum6ered real estate st haiti tae
cash value exclusive improvement they may deposit
corpated bank of the state on ca said bank giving tbs
same security 10 the savings bank required By
the State on canal oeposits.
Sec. s. No other invsstments shall be lawful sxsspt
In sns taken Tor deos or on foreclosures which SHALL b
eo.d within hsee years
ports to the bank superintendent verified on OATH Also
prcvioes for the appointment each ysar, by the Bank
Superintendent Of competent person 80 exsmfns each
savings Institution, who shall gvc detailed ssassn
of all securities with full particulars to the S1perinen-
dent who hx communities the ne to tas Legislature
such commission of examination have full powers to
examine al cers servants OF tbs nsntutions under
oath and II hey shall inc any of toe ncor IN
solvent that they bsve violated their charter pro-
visions, they shall report tie same and rhs Attorney
General Sha proceed against them forth solvent
institutions The ssioners 10 receive such a.
per sss;on the Superiu seI6ent Deems proper
edpg IS day and to be paid BY the institutions
amiDed
SEC To- Repeals al acts inconsistent with the above
The Report from Trinity Church.
In presenting their report long expesei and long
delayed the Trustees oil Trinity Church protest against
the power Of The Sonata to such information bu.
esc thai they furnish IL of respect to that body
well to remove the iease's tina thsy ere unwilling
to d. play TO the pubic the state Of the corpcraou ts
Il. snea condition and mana Tney declare their
op,n that such ~ the esa.e eatailing upon
corporations cutl'y and lGbor unnecessarily 40 6rprss
five ard unjust the cDuits being The proper place Of
sort when sDy Jus. Of coop exists They have
moreover, made to tyo similar calls from the
HOUSES Of the Lgti,tuEe within lee years past They
present = following 70 al o. me cor
are rev hode7s The total number of COMMUNICATES
at the last annusi convention OF the diocess was
seO large addition to this may be ex ,ec,ed fcom the
iecsnt increase in tie number Of ciergS to nine AMI
rom the worsbippers in the rsniy chapel recently
erected. The snumoer OF pews rented occupied by
TIE families Q. deceased owners IL Ia, aud toe nam
Der cd aud occupied by fer ass ia At rnea
among the cor poeato's hecs ase MT EMIT ed
TO vcte The cong ega,ion OF Tioty chapel full;
3s pews belonging TO the chnrh kept for fes
pancy by all. These with The ais.e seats, sfse 10o5
cIposatos voting At the annual election for
and ves;rynen hays been generally in of
the confidence posed in The discreet and
sgemen twenty three vesty aud Of the
Of contest. The ual OF has bsen
in 1885, s7 in ls47 a. in 1S4S az in 1872 81 1885,
90 In 1851 6b; in 1852 2e in 1858, l27 ic 1884, 26
1855, g.
schedule is submitted showing the estimated valns
OF each lot and parcel OF land owned by the crpor atom
in New York assessed 10 1856 fl taxation the
mated pefian OF such value Tor the budi g. the oct
value OF the lot alone the annual ground rea the ex
LIT n nd he ant Ire f No
sion sDd ground tents to the chufcl the total value
of The properly embraced thesep, irrespective Of leases
and buidir gss 81 e6S TO- total amount If anou.l rea
ST. s0i 81 eseat tai vas Of reversons, iuct 1dus
present. value Ct ero.rd rents 1884, s22 e. Since lst
November. 1855, "a leases have ex ired or thsss
Al s have been Ielet and the reversions in fee OF 81
have teer sold
In ,hs ZANE period rs Other lots have been sold
making the total OF lots sold within FIVE years 49, Toe
whole value Of landed estate of the church. exclusive Of
tie presen. value II rents, Is 81, 1851 II.
OF lots proceeds Of sale TO churches aud
Of learning charity in the city state By
Of these gifts and sales the landed etae gradually
diminished, till out Of COS lots originally owned no.
more THAI COL remain These sales have ut times
slow and mainly in order to met these gifts TO other
churches and Institutions Gebt IN anticipation gu:h
incurred
occupied by churches grsveyaids The WIN DIE pro-
6uctIve estate 10 stated ss follows
zeal estate ISL 4i6 81 Il
Cash In bank At close Of last ascs year 1889 d
Total 81, 665, 2ia as
Deduct the debt. 68 013 90
The rep eniarges upon the or he vsstry in
distributing The charities of the churh throughout the
State declares that such has been deemed their
duty. Trey then exhibit the presen: incoms of the
church and tie purposes to which is devoted and Is
applicable as follows
Rents from real ST. 301 81
lew rtn6, esliin8ttd AT. 100 on
Interests en- bonds and mortgages at aud
per CENT. 1857 80
Total IL come ,428 81
Annual expenses.
Interest on dsbt, at to per cent.$4i, 8c6 81
EXP. for schools and visitatious.. $50 90
Ssi.rles to cergymen and officers. 20 800 90
Choifs 10 churches and repairs 17,276 90
Arnuai aliow'ce to other churches 1886 90
Annuities 10 families Cf deceased
ciergymen .................. $500 90
Support Ct mission to Africa..... go 90
--l23,746 81
DeLCAt 1Zf $40 ~
The report sets forth that the vesry have, under
present circumstances of the church, been unable to
meet the demands for aid made by ,,her CHURCHES
this they believe has given rife to tbs Senats inquiry