MASTERTON TOWN LANDS TRUST.

Wairarapa Daily Times, Volume 3, Issue 744, 16 April 1881, Page 2

MASTERTON TOWN LANDS TRUST.

A meeting of the Masterton' Town Lauds Trust, was bald on Thursday evflninsr. Present.—Messrs Renall (ohairman), Hare, Perry, McCardle, and Gray. An application was received from the Library Committee for £3O, being, the half-yearly grant due to it. The balance sheet for the past year was read and approved of. There was a discussion as to the position of toivn acre 42 adjoining the Railway Hotel, Mr Hare claimed that though it had been omitted from the schedule ol the act it virtually belonged to the Trust. Mr Renall on the othor hand, said that tho acre belonged to Messrs Garter and ■Jackson and himself, and that they could and would do what they• thought right with it. Mr Garter and himself had discussed the propriety of using it for the purposo of commemorating the settlement of the town and the names of the founders of it. , ANNDAI MEETING. The annual meeting was held at 8 p.m, in the Town Hall and was but thinly attended, The Chairman explained that the meetwas convened in accordance with the act, and moved the adoption of the report and balance ahaet, which all things taken into consideration, he regarded as yery satisfactory, Report of the Masterton Town Lamk Trustees for the year ending 31si March, 1881, to be presented with the balance sheet at (he annual meeting to be hU on Thursday, 14th April, 1881, in the Town Hall

Your Trustees have much pleasure in submitting their annual report, and the balance sheet for the year ending 31s.t March, 1881, The year commenced with a debtor balance of £SB 6s 9d, which, owing to dull times and consequent difficulty in collecting the rents—without taking extreme measures, which we considered undesirable—combined with other causes, to raise this amount to £l4l 3s 3d.

The total income for the year was £l9B Is Id, and the expenditure £2oo 18a 7d. The latter included payments of grants as follows! School Committee to supplement assistant teacher's salary, £45. and for purchase of harmonium and kiuder garten appliances m, Fern-ridge School Committee, 110, Park Trustees'£ls) and Public Library Committee, interest guaranteed, £6O. A number of Trust acres in Queen-st, your Trustees have had fenced at a cost of £'2s 7s sd, for paddocking. As will be seen Jn the statement of assets and liabilities, after payment of outstanding votes, &c., the debtor balance will be £2B Is lid only, which. must be considered a satisfactory state of finances. Negotiations have been entered into with the Education Board of Wellington for making an exchange of lands; the arrangements proposed being that your Trustees should give town acres 52 and 54 and part of acre 50 and pay the sum of £4OO, and rSceive town acre 89 in return with the school and schoolmaster's. buildings s and that the Education Board should at once, erect on the new site school buildings to the value of. £I2OO at least,

In order to give free expression of opinion on the: matter a meeting of voters was held in the Town Hall, and the ;subject.laid fully before'them, and a,poll was afterwards takeu which resulted in the proposed exchange being sanctioned by a majority of 131, the Government haying agreed to bring in a bill next session to legalise the exchange, your Trustees have requested that power be given them in the new measure to raise the. required sum of £ioo. ;

..No further action having , been taken by the. Greytown Trustees respecting purchasing the interest of JJlasterton in the Greytowii Towii Belt, the-Miter, is in the Bhme position; as,previoiM;tg;thj9.i

tbiVsource-, it is exported will be con* siderably increased. f.y©ry few of the Town lands have boon let'during the past year, times not being favorable for offering the leases for public competition. In 1882 the rental of some of the lands let in the commencement of the Trust will be doubled by thg (era? of the lease,,and froiti 1 that date the yearly income will steadily to the 'cor* advantage oftjie'town. Ijy a'n 'unfortunate oraissibn on the part of the framera of the AiastertonandCfreytorin'L'ands Management Act, .1871, tw« of tji'e Greytown town acres and Masterton acre were .omitted from the to the Act. : jThe omission has : rectified as for as the Greytown acres tire pohcerned in the"Amended Act of. 1%, and your Trustees' are desirojis of having aore 42 included' in tfornext amended Act, so as to legalise their deal- . ,ing with it in the usual' matiner^'v. Messrs ; Feiat and. Perry. ratiife' ; from the Trust by rotation,' and you will be required to elect, their; successors on the • 28th of this month. The retiring Trustees are eligible for re-election. . It is your privilege at this meeting to elect two auditors for the ensuine year; if only two gentlemen are proposed, their election will be determined without a ballot, but in the event of more than two candidates, and a ballot being demanded, you will be duly'advised, or ttie;day of election..;. ; BALANCE SHEET. .

Council Chambers, Masterton, E, Brown, Secretary. April 13,1881. Examined and compared with the! books and vouchers, and found correc}y\ this thirteenth day of April, 1881. A R. WILBONE, ). v. W. M, Easthope | AU ™ SCHEDULE A. Pabtiodurs op Rent.

SCHEDULE B, Rents Due and in Abrears.

' v £155 7 i Mr Fayton, in seconding- the motion, pointed out that the arrears due to the Trust seemed heavy, but, if the Trustees had been too easy on this score, the fault lay with the public who did not avail themselves of; the privileges which the annual meeting gave them. The liberal and enterprising manner in which the Trustees had responded to every claim made upon them was above praise, and fully accounted for any little embarrassment they might labor under.. The report was- unanimously adopted, and Messrs R. Wilsone and W, cellar were elected auditors. The Chairman pointed out that it was a great pity that the public did not take more interest in the matter. Though the revenue wasstnall it would shortly increase considerably. A vote of thanks was ..passed, on th« motion of W.MoCardle seconded by JJr Hales to Messrs Feißt and Perry, the|| retiring Trustees, Mr Feist, in acknowledging it, expressed his intention to ofler himself for election (applause)—as he took a deep interest in the Trust, Mr Perry ibelieyed that he should again offer himself for reelection, but could not decide that evening. The time he could direct to public affairs was necessarily limited. . The meeting conoluded with the customary compliment to the Chairman.

Receipts.. £ s Rents, as ? Schedule A ... 133 G Eent of Town Hall ... ... 85 0 Piano ... ... ... 5- 0 Grejtown Town Belt rents... • 24 15 Balance' «. ' ' •» Ml 3 D 0 0 0 1 3 £339 ; 4 4 Expenditure, Dr Balance March 31st,. 1880 88 5 Grants—Library Committee...; 60 0 Park Trustees, ... ..: 15 0 School Committee ... "... 0 „ special 20 'o ■Sanuiidgft^ehoQi.' ••• 10 ,0 Printing and advertising"" 7.^0" 7 Stationery. ... : ... ... 015 Secretary and Collector . ... 21 9 Returning Officer ... ... ,. 9 .9 Fencing ... 26 19 Borough rates... 1511 Hire of Town Hall 3 3 Travelling expenses 8 3 Bank interest, 4/3/9 & 6/16/10 11 0 9 0 0 0 0 0 3 0 8 8 8 2 0 0 7 f339 4 4 Assets. Rents due from Groytown ... 25 j 0 0 BentB received since April 1st 47 15 10 Rents due and in arrear ...107 11 6 Balance... .... ... ... 28 1 11 208 :: 9 3 Liabilities. Dr Balance ...141 8 Park Trustees ... 35 0 Seoretary and Collector ...' 19 16 School Committee' ... :.. 7-10 Sundries ..." 5 0 3 0 0 0 0 ,208'9 8

W. Francis ... Ml ... 9 0 0 A, B. Bunny ,,, l|| ... 6 0 0 M. Caselberg • M ... 18 0 0 R.'M, Galloway M. ... 7 10 0 T. Kolleher ... ••• ... 8 0 0 J, Macara ... ... ... 5 0 0 G, MoKillop ... M. ... 2 6 0 G, Moms ... 8 0 0 W, W. McCardle ... 4 4 0 McGregor Bros. ... 1515 0 J. A. Petherick •M ... 4 0 0 G. puEsell . •»! 1!! 2 12 0 Eookel's Estate 9 0 0 A. Falloon (Tait and Co.) 17 5 0 A. Falloon ... "! 215 Q ...J ff! 6 0 0 S. F, Board ... !!! . t 5 0 S. E. Gapppr ... , !!! . r.:. 2 § 0 Sergfc. McArdle •!! 2' 0 0 B. V. Smith ... •M i*r l .j 0 0 Temperance Society ... 110 0 J. Allen ... .•» 10 0 183 G 0

Rents received since 1st April 47 15 10 Town Hall ... ... ... 62 10 0 J.Ewingtoiy ... ... ; ... 13 10 0 A. Falloon ... .„ no 0 0. McKillop ... ... 120 G. Morris ... . ,,, . ... 1 0 0 W;W. McCardle .... ... 4 4 0 Mre.W. Noble ... 5 0 0 W.Perry ... ... ... 6 0 0 Bowry and King ... 8 0 0 R; V. Smith ... ... ... 6 0 0 C, Wilton ' ... 8 0 0 E. V.'Smith ... ... ■ ... 10 0 Gattficha and Parsons 15 0