The Providence news. (Providence [R.I.]) 1891-1906, 1902-02-05

The annual meeting OF the directors
OF Swan Point cemetery WAS held in the
rooms of the corporation. 70 North Main
street at 1880 clock yesterday afternoon,
with Mr. Robert Beckwith I'm the chair
and Mr. Charles Gould acting as secre-
tsry.
1hy minutes Of the last annual meeting
were read by the secretary and the reoprt
al the treasurer was presented By Mr..
Gould. but not read. however. since copies
of the same were distributed among those
present
The tressurer's report was An exhsus-
tive enc. presenting a detailed financial
statement OF the resources OF the cor
poration The assets or real estate of the
corporation showed the following figures;
Total real and personal estate, Als. =
&s5 ~: total assets Stals23 -. liabilities
for balance oil corporate property. N,s
1881: perpetual care and beQuest fund
ssIu S51i5. invested by mortgage on real
estate islo.s67. rs; permanent fund, 10
os4 ~. Invested by mortgage on real estate
and cash ia Manufacturers Trust com
psny. to,eSi&.
Th. abstract OF the receipts and ex-
-pendilnres FOR Tie psst year shoNed A
cash balance on hand OF slSOSSl' cash re-
ceipts. $iS.xl.1s; total si5s.s2S.Z'; cash
payments, Nlt,ftN-0o. i~sNhk VI
cash on hand of sSl5;.,2.
Following the report of tn. treasurer
the annual report Of the directors was
read by the president OF the board, Mr.
Alfred stone This report noted al some
length an. various improvements made at
swan Point during the past year and
then proceeded In part, as follows:
The experience of years has demon
strsted the necessity Of some changes IN
the articles OF Incorporation, which VIII
De presented for your consideration, ana
Al approved. will be presented To the gen
ersl assembly at this session. with a peti-
tion for amendments To the charter.
From the annual report made to- the
proprietors In lSSo II was stated thst
there hsd been a marked increase In the
number OF lots put under perpetual care
b.slnpinr I'm 1895 with one U) lot and de-
puslt of sl2s continuing In ls'' with
thirteen us) lots aud a deposit of s:sdS y
n ~, with rorty-nv. Ci5i lots and de-
poslt Of x...ss Sn. aud In is5s with siNty-
seven ,e,) lots and deposit OF sll'S's.lS;
Iu ALI l26 lots and total of deposits OF
sal ~ - This sun. together with the
b.ot.st FUNDS for tho care of eighty.pin
,eS lots smountius to Nssss@ msSk a
total of x2S1fS.15. II the full amount OF
the trust fund held by the corporation
for the care Of lots ~ individual pro-
prstors
Ia ia, - years which have elapsed since
that rcport Was mads the number OF lots
r,..r rerpetusl csrs has Increased from
a. to ise ,nd the funds for that r1r-
,.,se h.v. Increased from tss,is.lS IL Sio.-
S5..is. Invested in first mortgages on teal
estate to the amount of ss"i.l@ the hal-
49,. $40 1915 hsine oh deposit await
irx = chance FOR safe Investment
la itts tho year that the hrst lot was
nut under perpetual care. the whole num-
ber 81 lots which had been solo "es Np
proximately e1pn 81 which none had had
requests made hereunder and for few
ears thereafter o. was optional Tor pro-
prtetars 20 pat newly purchased lot
under ARE or not " u thereIore iree
10 assume that In January isso there
rrers stNl lfs not under perpetual care.
while st the present tirss there are out
81 : total 81 S-sg lots -oid but 1881 not
under perpetual -osre. In other words IN