WANGANUI I IMMENSE REDUCTIONS! IMMENSE REDUCTIONS! FOR TWO WEEKS ONI,Y I PREVIOUS TO OPENING UP OP NEW SEASON’S GOODS! X REVIOUS TO OPENING DP OP NEW SEASON’S GOODS! PETER BELL’S GREAT CLEARING SALE ! GREAT CLEARING SALE ! WITHOUT RESERVE! WITHOUT RESERVE I! WANGANUI I
PATE A INSTITUTE
NEW SCHEME OF WORKING. THE newly elected Committee desire to place before Subscribers and the Reading Public a programme of improvements to be carried out by public co-operation. It being manifest that the Institute has been latterly in a languishing condition, an earnest effort is now being made to enlist public assistance and sympathy for increasing the use and attractions of the Institute, and making it really worthy of the district.
Finances. The present debt on the building is £250, requiring an annual interest of £25. There is also a current indebtedness of about £6B. The committee are satisfied that the assets of the Institute would, if realised, exceed the amount of liabilities ; and while leaving the debt on building untouched at present, it is decided to wipe off the current liability of £6B by obtaining a bank overdraft secured on the joint and several undertaking of the committee. The income is small and uncertain at present, but is capable of a large increase, as the committee believe. That increase appears obtainable, firstly, by popularising the Institute so as to raise the number of Subscribers from about 75 to 150, and probably much more; secondly, by public entertainments and lectures to be given in aid of Institute funds ; and thirdly by donations and life-memberships. The committee estimate that from these several sources a total income of £2OO in the first year may be assured. They are confident that, with generous co-operation and no undue tax on public sympathy, the first year’s income may approach £3OO. The committee’s expenditure will, however, be based on the safe estimate of £2OO as the first year’s revenue.
Proposed Expenditure—New Books. The Committee estimate that £IOO will cover all current expenses and contingencies (apart from new books), and perhaps pay off part of the overdraft. This will leave about £IOO available for the purchase of new books during the current year. An immediate selection of new and desirable books will be made ; and in order that the attractions of the Library may be increased without delay, a portion of the first batch of new literature will be purchased within the Australian colonies, and placed in the catalogue for early issue to members. Another and more extensive selection of new books will be obtained from England, by the best means of selection available to the committee. Other batches of new books will be procured from time to time; and the committee will in this matter aim at a policy of judicious liberality in keeping the Library supplied with the most attractive and useful literature of the day All tastes will be consulted, within reasonable limits as to cost. All the best Magazines will be kept available to readers. The Library. A new Librarian has been appointed, and the committee hope thereby to secure regularity of attendance, courteous attention to Subscribers’ wants, besides orderly cleanliness within the building. The subscription will be £1 per annum, as before; payable yearly, half-yearly, or quarterly in advance. This
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Bibliographic details
Patea Mail, 21 March 1882, Page 4
Word Count
544Page 4 Advertisements Column 5 Patea Mail, 21 March 1882, Page 4
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