The daily press. (Cincinnati [Ohio) 1859-1859, 1859-03-09
Report of the Directors of the Ohio Me-
- gchanlcs, Institute.

Report of the Directors Of the Ohio Me-
~ chanics, Institute. al
The Board of Directors of the Ohio Mechan
les Institute, for the year ending on the LIST
inst, have made their annual report, from
which we extract the following
We have to congratulate tho Institute upon
its prosperous and promising condition, pre-
senting, as it does, in every aspect in which II
Is open to inspection, subjects for your most
earnest and candid consideration, which are
appreciated by the citizen, and We might truly |
add, the public in general. ,.I ....
The past year was ushored in with what we |
might call bright prospects, though there we're |
numerous debts with which We had TO contend. |
II is true they were nothing compared to what |
our predecessors have had to struggle with for |
years--"the main debt" incurred in the erec- |
ton of the building, from which the Institute |
was freed tho previous year-but commencing |
the year with spirit TO economist, and the aid |
which We have received from the late Exhibi- |
ton fund, has enabled us to wipe out and can |
| eel oil Indebtedness, and to meet our expenses
during the past year, and present balance
sheet of which the members Of this Institute
must feel proud. The deeds of the property
| have been transferred to the Institute by
the Trustees, viz: M. Greenwood, d. F. Mea-
| der, and NJ. Allen.
| The present position and condition of the
| lnbuJuto arc eAceeulhBiy RihIhynB1 hnu WIN
| the increased facilities which will be furnished
each new Board of Directors, the object and
aim Of the Institute will be carried out to the
/ fullest extent; and rs the actions Of every Board
are controlled, to greater or less degree, by
the funds at their disposal, we trust, that by
pursuing an economical course, ere long to see
our Institute occupy the proud position de-
signed by her founders.
THE MEMBERSHIP. i.
There has been gradual increase in the
membership, as will be seen from the following
table: . ..v H.t .t. .... .a
On the 1st inst. there were ..
Active members.
Life
Making total
This is q very small membership for an In
stitute that can trace its history back for more
than thirty years. possessing, as it does, SO many
means and facilities for advancement and
, knowledge, and presenting so large a field for
| successful operation. How does this table
compare with the last report in pointof numbersY
0 On the 1st Of March, 1858, there were
Active members.
Life
% Making total Of.
IS Total increase during the present year r.~"....ll2
Il At this result we can not but feel pleased; il
9 shows that the prospects of the Institute are
IS Frightening; for, with an increase of member
4 shin, every thing connected with it must pro.
% gress in proportion; the directors will feel that
q their efforts are appreciated, and the public in
II general will look on it with moro favor and
"a considerations; and we may safely predict, from
! present appearances, that the Institute WILL a.
r q period not far distant, possess a membership
second to none. ,.fa. = lr. r.-
The increase during the last ysarr hasi iI s;fS, &c
chiehy OWING 70 .se se, Sa,,a~, 81 Ens;sn wbcl
Exhibition and tne ocn0ol Oh DesisI; wiz viz
have attracted large numbers & VINO moI,u nebo
2s have joined otnerwise. tnese wv ,a Tns.;
should, therefore, oe encourage, US os,inos .no
~ tute VIII never iose Tvs iu'"'''y u
so long as they eN's'' .... .
% The total receipts of tho Sixteenth Exhibi- ~,
& tioh tSI sarcnses Of the sixteenth Exhibit
ton wer''''"''' '''''''''''''''' '''''''' ,,OS1
% Leaving a net balance eof............~sl,l5O ,l5O
Tho ahovA balance was paid over TO the ger