Milford chronicle., 1888-03-16

The report of the Stewards, which was
adopted, says
By vote Of the last session of our Con-
ference your Board Of Stewards were eonsti-
tuted a Committee on Endowment Fund. In
accordance with instructions given at that
time by the Conference, the Board met on
October 4, 1857, and issued an appeal in tract
form, urging it upon the attention of the
ministers and liberal-minded laymen of our
Conference. We regret to say that no re-
Spouse has been received to that appeal. It
has sladdened our hearts to know that the
Lay Conference at this session have, by a res
olution adopted in their meeting, heartily
endorsed the plan of an endowment fund and
| It gives us encouragement TO believe that if
the proper effort is made by the pastors, the
amount asked for $50, ,ooo) may be secured
IN the near future. subscription amount
ing to 5000 was made at the stewards ami
versary at this Conference, which subscrip-
tion is in the hands ofthe treasurer of the
Board Of Stewards. The reports Of the pas
tors Of collections this year are free from any
fractions Of dollars, for which we extend our
congratulations to the brethren. We have
distributed the funds placed in our hands to
seven superannuated and one supernumerarv
preachers, twenty-four widows and one child
Of deceased preachers. We desire to present
the following resolutions for adoption by this
conference
Resolved, That each claim upon this
fund shall come from the Quarterly Confer
ence within whose bounds the claimant re-
sides. (see discipline, page 367.)
Resolved That the presiding elders be
requested to have the report of each confer.
ence claimant committed and endorsed
by the Quarterly Conference within whose
bounds the claimant resides"
A resolution of thanks was passed to w. |
H. Jackson for the gift of parsonage and
church property at Salisbury, Nd
The Rev. T. Z. Martindale read the report
Of the trustees Of the Wilmington Confer |
enee Academy. The academy debt the re-
port said, has been reduced to less than
SIC, 900, in excess of the assets. The inter
est on the bonded debt is paid to January /,
1885 Its bond of $4,000 is as good as that
much gold or silver or a treasury note of the
United States. The interest is paid prompt
ly and the credit Of the corporation good
The pledge of the Conference, made in 1873
to subscribe for the 5000 shares Of stock,
making $4,000, Of which $4,000 was to be
paid in cash, and to pay interest annually
upon the remaining $4,000 from the annual
educational fund, has been kept The num-
Der Of professors and teachers employed in
The academy is eight From September,
1885, to June, 1857 there were Iso students
n attendance. During that year the receipts
rom tuition and board amounted to s1s,oso-
II. The expenses amounted to s1I, ,a7o, os,
eayiug net profit of 81, ,soo,4s. Bills
mounting to about $500 have not been col
ected. During the years 1885, 1886, and s.
epairs costing S2,arI,7o were made. OF
his amount all except s55I ,79 has been paid.
he academy building has been painted in
ide and outside and is in nearly perfect or
er. It however, is too small for the pres
Mt needs and the erection OF a ladies' hall is
The afternoon session was full Of repotta