New-York daily tribune., 1859-12-28
THE PURCHASE OF MOUNT VERNON.

The Regent Of the Mount Vernon Ladies' Asoois-
ton, Ann Pamela Cunningham, makes the following
MISUNDERSTANDING, in detail, the large rai~ed BY
tie sdies the almost total exnngushment Of the debt,
the Surplus band ard the efforts still necessary 70
place the destiny Of Mount Vernon fixed and Be-
cure basis:
In the fathful discharge Of my Official duties,
lay before you explicit statement at the f1ads
collected and disburs.d of the clams st TO be met,
aud he sses which be provided for in order
10 place the Association in condition 10 as~ume tho
posserscn Of and preserve and protect the sacred
slot" which it has so triumphanty won.
You are already aware that 900 psid on the
9Th Of April 1883 wien the contract for Mount YER
non wss signed by the contracting partie. The krst
bond Of $57 coo, due on the Let January, 1859,
pHid on the I'd of December, 1853 The payment Of
tire seeond bond OF $ll Goo 66, due on Sd February,
1870. VAS Anticipated or I'd February, 1859. Tue
third bond of $i $50 &C. due I'D February, 1861, vas
anticipated on the 23d Of March, 1859, leaving 70 be
cancelled only the fourth bond of $fl 666 %, dae I'D
February, 1862 On this, IS, COO hls been already
sdvaI ced leaving b,lahce of Indebtedness of 81 6S
66, ~ith interest the bond from 9th April, 1853.
Thus, Ss3 80 SO has been paid dtoward the liquidation
OF the debt Of $2O0, 90, assumed BY the AssOeatlon.
II interes on the three bonds amounting 10 1901 ~
making the whole amount paid over b. Nc Washing-
ton including principal and interest $i99 93i 81.
Dir. Geo w. kigvs, our Treasurer, TO whom the AS
soiaton ir deeply indebted ter the zeal and devotion
With which e bas rendered bis voluntary services
Iors rvestments of u01 in United States Treasury
Lotes sleC0 ia State Of Virginia bond-, 10 shares OF
stick OF c. X. r. and Banking Company Of Georgia,
shares Of stock ~ Farmers Bank of Virginia and each
in hand g. 623 79 amounting TO 1898 ~, TO which
must be added sums oD deposit, yielding interest," in
various States the OF IS 9i1 7S beside some
$500 Ported ~ collected but paid in. Thus the
whole amoUnt collected over aud above expenditures,
necessarily incurred for repair going on at Mount
vernon, and in the management of wat enter
rrhe, il $l32 a6 g. The Association is indebted to
the untirDg exertons Of the noble Everett for
than fourth $69, ,064 ~ Of this large SUN, as fol-
lows;
Amount received nom Orstion 80 e7 ~
From Se ork Ledger and conh' elton ~ sTst 81
. Donetons ''''''s''''fs lpw ~
=" J. adie ~
Increase OF Interest. aioI ~
~, .a1os. y
fpJVof
From Ibis statemsn nt yon derive the encouraging
surarce, Only Of having raised the entire purchase
II ouey with its interest, but OF possessing, and
pboN any naming ab ities abont SO 600 towards
the fund which will be- necessary ~ meet all tle res
possibilities We have assumed for country via: 70
place Mount Vernon beyond all coDtineenciss public
az ell as 1rUate. BY raising the means IN efec, the
pu c a-. We ave redeemed the pledge. Mount
Vernon is no longer in danger from any contingent
ci.s ncd. mt T. ivme possei ian. IL remains now for
us TO consider what il included in the other obgaton
in order TO prevent contingencies incident to public
roesesron. VIZ: TO provide for Annual Maintenance,
Constant Security, and Constant Repair.
The title TO the properly j. a-o shown 70 be perfect.