The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-04-14
NAY LOSE ITS DIRECTOR.
The TellaiT Academy May Have to
g Part With Mr. Brandt'S Services.

The Condition Of the Academy's
ness the Cause.-The Finance Com
mittee Has the Matter in Hand and
! Is Now in Correspondence With Mr..
! Brandt, Who is in New York-A
! Meeting of the Committee to be Held
as Soon as He Replies.
It is possible that the Telfair Academy
of Arts and Sciences may be without a
director before many months.
Director Brandt is now in New York
city, having gone north for his summer
vacation somewhat earlier this year than
heretofore on account of the marriage of
his son in New York last month.
In a statement published in the MORN
ING News some days ago it was shown
that the finances of the society had been
somewhat depressed by the general hard
times and the disaster which has over
taken the Central railroad. The acad-
envy, which is a trust property admins
tered by the Georgia Historical Society,
as is well known, is indebted to Gen.
Henry r. jackson about s25, 900.
At a recent meeting of the board of
curators Of the Historical Society, Gen.
jackson asked that the finances of the
academy be investigated, with a view to
determining their exact condition and
its ability to meet this indebtedness if
called on to do so.
LOOKED INTO By TEE COMMITTEE.
The matter was taken in hand and
after some discussion among the curators
it was referred to the finance committee,
which held meeting Just previous to the
a q lar aNfNF1 h - h.
ciety. The committee at that meeting
stated that it had nothing to report. The
reason for this was probably that it bad
determined to correspond with Mr..
Brandt and inform him of the
situation of affairs, with which he is
no doubt this before time familiar in part.
One of the curators stated that this is
the course the finance committee had
adopted, and that the committee is now
in correspondence with Mr. Brandt, but
nothing definite has yet been heard from
him. He said it is the intention of the
chairman to call meeting Of the COM
mittee as soon as Mr.. Brandt replies. and
take whatever action is deemed neces-
sary.
NO MONEY TO PAY THE DIRECTOR.
He practically stated that it would be
impossible for the society to continue the
services of Director Brandt under the old
arrangement OF this Mr.. Brandt has
been informed, 1t is said that he stated
to some of the curator some time ago,
that under the circumstances, until salts
factory arrangements were made with re-
gard TO the indebtedness of the academy,
he would continue to serve as director
without compensation. This, however,
has not been confirmed by any of the
curators seen, and it looks probable, I'M
less some such arrangement is made that
the services Of the director, who has so
long been connected with the academy,
will have to be dispensed with at least
until the society's indebtedness is paid.
THE ACADEMY's INCOME.
The academy's income, as is well known,
is from l 900 shares of the capital stock of
the Augusta and Savannah railroad,
which property is leased to the Central,
railroad, and which pays per cent. per
annum. This gives the society 81 900 per
annum, which, up to the present
time, has always been forthcoming
though there have frequently been
some delays in its payment. Notwith-
standing this, however, the interest on
the Indebtedness of the academy has al
ways been paid. The conditions under
which the indebtedness was incurred are
well known to all those at all familiar
with the affairs of the society. 1t Is prob
able that the income from the stock will
hereafter be devoted to the payment of
this indebtedness.
The loss of the director would put the
academy In rather unfortunate position.
Mr.. Brandt has made many additions to
the art collection since he has been con-
nected with it, and there is number of
paint ings and art works in the gallery
which are the personal property of Mr.
Brandt, he having loaned them to the
academy The finance committee will
probably hold a meeting as soon as Mr.
Brandt replies, and will determine then
on what course TO pursue.