The daily morning journal and courier., 1907-04-20

Than S775, ,000-Eight Chapels and
 Many Parish Schools Supported Out
 of This.
 New York, April 19.-For years spec ulation has been abundant as to the amount and value of the property held by the corporation of Trinity church. it has been commonly reported that this corporation is the largest single real estate owner in New York city and that its annual income reaches far up into the millions. The Astor estate, as a whole, is said to be larger, but it is divided among number of heirs. The same is believed to be true of the Goelett estate, which is about the same size, supposedly, as that of Trinity To correct these misconceptions Dr. Nor gan Dix, rector of Trinity, has made the following statement, which appears in this years annual report of Trinity parish:
 Many articles having from time to time appeared in the public prints re- garding the fabulous wealth of Trinity parish, we will state that the annual income of the corporation last year from all sources was less than SITS 0OO, not including collections and contribu- tions in the churches. (These latter were all used for church work within and without the parish).
 Out of this annual income the corpo- ration paid ali the expenses of Trinity church and it's eight chapels, including i the care and maintenance of buildings and grounds, salaries of the clergy, music, schools and many of the parish charities, also the expenses and care of Trinity hospital and Trinity ceme- tert
 { About $40,000 was contributed to other churches and institutions outside of the parish; $127,OOO was paid to the city for taxes and water rates, and $195,OO0 for repairs and insurance premiums on the Buildings other than church properties
 The corporation has outstanding loans made to churches outside of it's own parish, amounting to over $365 u00 an which no interest is charged besides which it has given large amounts of property to other churches as endow merts.
 l There are no liquor saloons on any of the corporation property, excepting in | tive instances, where the lots are on long lease and not under control of the corporation, and in one other case in connection with a first class restaurant; i nor does any gambling, or other objec- tionable house exist on any of it's prop erty.
 This statement of course, does 1iot give the actual holding of Trinity from which the income of $775,O0O is derived On this point Hermann H. Cammann lcomptroller of Trinity corporation, says.
 It would be difficult to give the aetuat amount of Trinity's real estate hold l ings as they are to-day. The property from which Trinity derives it's income came to the church by a grant from Queene Anne in 17O5
 This grant comprised what was known as the Queens Farm, piece of property vested in the crown by Gov. ernor Lovelace in 1s7t It's origina boundaries were from Fulton street tC Christopher street, and a line runnine partly east and partly west of Broad. way and extending not invariably tt the Hudson river. Another piece O property mentioned in the same gran as the Queens Garden" began or Broadway with the present Trinity church yard and extended to the Hud son Since the grant was made large amount of this property was givef away, mostly to other churches, while scme portions of it have been sold.
 The present property of Trinity con sists of what is left of this fold farm, 1 but just what this actually amounts tt has not been estimated. As a rule ten. ants have put up their own houses or this land. paying Trinity a ground rent Frequently, when these leases have ex pired, Trinity has bought the buildings of the former tenants
 Besides the eight chapels mentioned in Dr. Dixs statement, Trinity support; twelve parish schools and a hospita and maintain swholly or In part twen 1 ty-six other churches, hospitals anC mission. There are twenty-four clergy