New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-01-11
BURN OLD MORTGAGES.
Papers Consumed in Receptacle an
PuLpit of st. JameSS.

At the seventy-third anniversary service of st.
James's Methodist Episcopal Church at Madison
and e-hundred and twenty sixth-st last eve
ming. the mortgage of the church. which is old
the church ITSELF burned in a receptacle in
the pulpit. The mortgage for $4,000. The
papers were torn up. and as the pastor, the Rev
Allan MacRossie, touched match to the scraps.
the congregation sang the hymn. IAN Endless
AIlelua."
During the address made by Charles Olney.
chairman of the sinking fund Of the church. the
officers OF the church stood arm in arm in front
Of the pulpit. One of the papers consumed was
a personal bond which drawn up by eight
members of the church in 1859 Only three of the
signers living. and at the service Franklin
A Thurston who was the first TO sign. tore the
paper in half
On the platform with the pastor were Bishop
Cyrus D. Foss, who was pastor Of st. JameSs
Church in 1874; the Rev. James NJ. King. pastor OF
the church in 1879; the Rev. David G. Downey, OF
St. Johns Methodist Episcopal Church, Brooklyn,
and the Rev. Charles w. Willard. presiding elder
of the New-York district.
Mr. olney stated that in 1890 the Methodists
started mission in -hundred-and-twenty-h
ST.. near Lexington-ave. In 1869 the parish bought
the ground on which the church now stands and
a mortgage Of $4,000 was put on the property This
was reduced until it reached $4,000 but in 1895 it
was found necessary to add $780, making s36. 500
which, with the interest. amounted TO $4,000. In
December. 1901 at e. meeting held in the church a
subscription started and within few days
$4,000 pledged. The last of the money was
collected in December. 1908. and the mortgage
paid.
The first mortgage was made in 1867 and signed
by James Davis, president OF the trustees This
paper the first to be put in the receptacle.
The second paper official bond which
companied ii, and the third paper bond OF
$1,000. The third the personal bond which
made that the buildings OF the church might
be erected.
After the service the ashes Of the mortgages
distributed among the Older members of the church.
The sermon in the evening was delivered by the
Rev David G. Downey. In his discourse he said:
Great own large corporations and small
small business. The great man with the
great corporation comes along and buy
the small mans business. The small man is UNI
willing 10 sell, but the great puts up a large
store and outsells the small man. thus driving the
small of business. The great then
gives one million or TWO million OF dollars to col
lege he establishes Libraries. and places himself,
he thinks, a high pedestal But love is lacking
in this great man, and the act of giving away
millions OF dollars does not benefit him any in the
eye of God
At the morning service Bishop Foss delivered
sermon to a large congregation He assisted
by the Rev Charles W. Willard and Bishop Ed
ward g. Andrews. At the afternoon services ad-
dresses made by the Rev. Ezra s. Triple, pas
of ST. James's Church in 1897, and the Rev. Her
bert WEIGH. pastor Of the Chester Hin Methodist
Episcopal Church. at Mount Vernon, y. Y.