Morning journal and courier., 1892-05-20
PHILIP MARETT FUND.

PHILIP MARETT FUND. An Account Rendered by the Trus-
 tees in tho Probate Court.
 An account was yesterday rendered in 1 the probate court by Lieutenant Governor s. E. Merwin and Hon. E. G. Stoddard, trustees of the Philip Marett fund for in- digent persons. The account was of the distribution and assets of the year ending May 1, 1899, and is the first one ren- dered, the intention being to make simi- lar report each year, so that all interested may be acquainted with the manner in which it is distributed and managed, nothing being withheld but the names of the benefciaries. The small sum that has been. expended for expenses is noticeable feature of the account, the gentlemen all having given their services. The princi- pal expense is $a00 for bookkeeping.
 The account as rendered and approved is as follows:
 Te the Honorable Court for the district of New Haven:
 The trustees appointed by the court to distribute the income from the funds left under the will of the late Philip Marett for the benefit of deserving and indigent per sons not paupers respectfully submit this their first annual report.
 We have had 125 applications for and during the year which we considered our duty to investigate; of these B were re- iected for reasons that we deemed sufh cient Nine were made special allowances and 76 were placed on the books as worthy of monthly allowance and which will be continued until we see reasons for with 1ck 1o4% 1or I I,.I Tl-n cases are awaiting further and more satis- factory evidence.
 We have distributed between 30 and 40 tons of coal in addition to cash disburse- ments.
 The nationalities of the applicants as classified are as follows: American birth 91, Irish IF, English 6, Scotch 8, German 2, Spanish 9. We have endeavored to comply as far as ] possible with the wish of the testator re- garding age, and classify those we are aid ing in the following order: 1 Ninety years old and over, 2; 50 and
 over, 6; 70 and over, 28; 60 and over, 24;
 50 and over, 4; 40 and over, 8; 30 and over, 8; total, 70.
 To distribute charity justly and wisely l is hard task. We have perhaps given
 when we should have withheld and possi.
 bly, refused when we should have given.
 We feel, however, that most of our distri-
 buttons have proved great blessing to the | unfortunate.
 Unless the court orders we shall with
 hold the names of those who have received
 these benefits, believing in so doing we
 should be carrying out the wishes of the
 man whose great heart prompted him il
 life to make provision for so noble { l charity.
 We annex herewith the receipts and ex
 penditures for the year together with th,
 inventory of assets in our hand.
 Income account for year ending May 1 1899:
 Received from interest Charles Winship $275 %; interest R. B. Mallory, $l25. % interest H. A. Harrison, s150: :OO; interes
 T. M. Cox, $25O. .O0; interest Burton Mans F field, $20O.00; interest Charles Winship $125.27; interest George W. Robinson S25O. .OO; interest H. F. Peck, $150. 0C , Joseph Sheldon, $250.00; L. L. Camp
 $15O.O0; interest N. L. Garfield, $550. co interest Fl. c. Warren, $24.05; interest J 8 0. Galway, $15O,00; interest Erie an Pittsburg railroad, $14O.00; interes , Housatonic railroad, $375 %: interes : estate R. B. Bradley, $100 %: interes a l Talcott H. Russell, trustee, $500, 900; inter a Pittsburg railroad, $40; interest R I 0 Mallory, $125; interest T. M. Cox, $24( n interest estate R. B. Bradley, $200; inte q est H. A. Harrison, S150; interest John ] n Sloan, $250; interest L. L. Camp, s150; il t terest H. F. Peck, $50; interest Josep @ Sheldon, $25O; interest, N. L. Garfielt d $55O; interest, H. c. Warren, $12. 70; inte l. est estate R. B. Bradley. $118.8S; interel @ P. Cronan, $50; interest, o. Y. Beacl
 Received from principal -Messr t Beardsley and Blakeslee, trustees, $6, 922 Il 53; Charles Winship, $1l ,0O0; H. C.. Wa 7. ren, $12,0O0; H. c. Warren, $2, ,500; Jot e 0. Galway, $2, 900; John Condon, check r
 turned, $l0; H. 0. Warren, $1, 800; esta
 R. B. Bradlay, 5000; P. Cronan, s6,00 e Total, $43, ,932 53.
 Paid for investments-400 Erie al 7, Pittsburg railroad bonds, $4,67377; loa ol ed H. c. Warren, s11 900; loaned H. ,e Warren, $5, 900; loaned P. Cronan, $6, ,00 se tion, $12. .000. Total, 38, 673.77. y Paid for expenses c A. Dorman, boo IS and printing, $23 S5; F. H. Brethauer, I of cordent deeds, $9.75; Futile, Warehouse g, Taylor, $2. 25; postage and stationary, $l to F. s. Ives, clerical services, $2O0. Tott ,s $25O e5.
 f. S. E. Merwin and E. G. Stoddard, trr
 tees, in account with the Philip Mare
 fund for indigent persons:
  is principal per account B, $43, ,932.5 53. Tot
 $50, ,488 10.
 Investments schedule, c, $3S, ,673 77; e lo penses account schedule, D, $25O. S5; co of distributed, $176 80; special allowance to poor, $2S6; monthly allowance to poo If S3, ,S92; cash on hand, $7,20S 6S. Tot $50, ,4SS.10.
 at Inventory May 1, 1s92. 2.-Mortgage nott
 Thomas M Cox, $1O,OOO; William A. Ii in coin. $6,000; Joseph Sheldon and vii :- s10,000; L. L. Camp, $6,000; Henry Ill Peck, s6.O0O; John T. Sloan. SIC, ,000; \ '., thaniel L Garfield, $22 .OOO; John H. Smi Q. and wife, SIP 900; John c Galway, ,$5, ,O( as Richard B. Mallory, s6, ,000; Charles Bon n and wife, $9, 900; Young Women's Chr Ill tian association, S12. .000; 15, 900 Housato m ic railroad bonds. S15, ,750; 4,000 Erie a
 Pittsburg railroad bonds, $4 673.77; cas as $7,2O8.6 Total, s13S.632 45.