MASTERTON TOWN LANDS TRUST.

Wairarapa Daily Times, Volume 3, Issue 991, 4 February 1882, Page 2

MASTERTON TOWN LANDS TRUST.

The ordinary monthly meeting of the Trust was held last evening. Present: Messrs Feist (Chairman), Hare, Wrigley and Perry. The minutes of the previous meeting were rend and confirmed. THE EDUCATION BOAKD PAYMENT.

. A letter was rend from the Maßterton School Committee, stating that the Education Board declined to proceed with improvements i.o tlm grounds till the 1400 promised by the Trust was paid. The Chairman said that when the Board gave thorn a conveyance of the old school acre they would bo able to raise the .money.

:. -Mr Hare concurred with the Chairman, "Why did the Board send them such a non. sensical letter."

Mr Perry: We shall have to borrow the money! The Secretary was instructed on the motion of Mr Hare to ascertain from the Wellington Building Society, the "Wairarapa Investment Society, and the Masterton Building Society, the terms on which 1400 could be borrowod, and on the motion of Mr Perry ho was authorised to obtain information as to the terms on which it could be obtained privately,' • INSURING BUILDINGS. The Secretary reported that some buildings in Trust properties were uninsured, naming Mr McGregor's houses and Mr Morris' habitation, The Chairman thought that in the case of Mr McGregor the Trust were sufficiently protected by the terms of the lease. It was decided to insure Mr Morris' building to the extent of £SO. ' .. GKEYTOWN RESERVB, ' The Secretary reported that he had applied in Wellington for a plan of the flreytpwn Trust Reserve but none was obtainable at the Survey Offices, A.plan of thejßorough was now being completed by tho Department, which would give the information desired. .WINDERS. For. the res'ervo acres advertised, ''one' tendet was. received from Mr Hooper for leasing five of them for twelve months' and was accepted. For acres 40 and 48 (providing they were fenced by the Trust) he offered £3, and for acres 56. 58, and 59, £3.103. . .:.:;,■' ;.': . BUILDING SITES. Mr Hare referred to portions of acres 85, G9, and 119 which were nnlot. The Chairman questioned whether, it was worth while'to advertise them, The Clerk explained that under airold resolution they could only be let by auction,' There whs no genuine inquiry for them, but thore would be no harm in try-! ing whether they would let. The Trust decided to advertise these sections three times,' * . .'> ;

_ DEPUTATION. A deputation consisting of- Messrs D. McGregor and J, Boddir.gton waited on the. Trust on behalf of the Institute CDitimittee, = Mr McGregor regretted the absence of Mr Carr who was to have been''present with himself and Mr ; i3oddjns[tpn.: He reminded the, .Town Lmds Trust that smnertiinen'wn they gave the Institute a liberal assistance which :they desired to see continued. Thoy understood that the Trustees admitted that'the Institute was' one of those objects; to:-.vVhich.the, Trustl revenue could bo properly applied, Tht

liistitnto was not so popular as it might be owing tit its impeouniosity. Taking into cmisideration the" importance of the Institute t» the town they hoped the Trustees would tee their way to continue thefnnual grant of 160. The Institute was in debt, and without this aid its effici- 1 - • enoy would be very muoh impaired 'jfcf' Mr Hare: Is the Institution Jnjth.e hands of the Boro'u'^h'Oouncir;*^'

Mr McGregor':.Nominally ittia/but the final step of conveying the: property, by lease to the Bofough" "hal' neyeFbeeti completed. .:■"" '^"'

Mr Hare: If the Institute is really the property of the Borough • jllfl&ounoil should make provisions forSSLEa. .., ~ Mr Boddington, in suDobrrcHg &M\t cation, pointed out thatthe,Co.rmrateV< ! j, the.lnstituta had. been' sslf-reliari't, aomS' of its members having personallyV2uaran? teed the debt. ;.• .. ■ ;'.-.• Mr Perrv said he understood that the grant.of £6O originally madeby.the.TrußL was for interest only. ■■;', ;1)")',; jj'; \ The Olerk read the resolution under' which the grant was voted on the 4th of April, 1878, and which ran as " The Trustees guarantee the sum of j-60' per annum for interest on money required for completion of public library in Masterton."

Mr Hare: Surely you will not ask for £6O now. '■:'::':;.■■*'"' Mr Boddington; Yos. Unless'the' grant iyf is continued the committee will! not be -* able to conduct the institution, properly/ The Chairman felt a delicacy as a member of the Institute Committee in expressing his views, •Ho thought they might in the first place .vote. £3O, for ;tliß:' second half year of 1881, ! - (•■' Mr Boddington pointed out that if the Committee had not worked hard to reduce the the debt then' right to the, £60.: per annum would not have been challenged. A wet blanket Bhould not be thrown ou them for this reason. Mr Hare suggested that the Committee should raise funds by entertainments and Christy Minstrel performance's.'- 1 The Chairman gave a notieo of motion for the next meeting when, he would move that the application of the Library Committee be agreed t0.. ; •• ; : .:-.'-mi ti'- ■;. The deputation theu'tnanked'the Trust-. for their courteous reception and retired.

the room Mr Hare: lam in a ,fog. about the pound. I will give a noticed-'motion that notice be given to tho occupiers of the pound site to give up {osseasion of it to the Trust within ono month,, and failing their doing so, legal proceeding's be taken. He did not see the force of their letting the Borough Council have the pound site for nothing, and having to pay 110 or £l7 a year for rates ■ Vvi.'W-■ -:; " ' ANOTHER-NOTICE OF MOTION'; .■ '■.// Mr Hare gave notice that the Secretary lay on the table a return of the quantity of Land belonging to the Trust, takonjor. road purposes, including tho hanie of each ; '"' street in which Trust lahdhad been Used ;'\k also if the titlo of such land had been obtained,by the Borough Council, and what amount of compensation had been paid for the same. ■ .Mi'-.,- '.-.' '

The Chairman: Have youiin'yiimore notices of motion I Mr Hare: (sorrowfully) No. The Treasurer, reported that the oyer- , : ■ draft amounted to.' £65 h li'd, ; and 'faaVs> * the arrears of rent fur the Town Hnlljhad been paid. -T

The Secretary gave the following estimate of recipts and expenditure for the. ensuing year .•-Receipts,V re'nts;^£22o ! ; arrears) £7O; Greytown reserve, "iSfr-; Mil, £315. Expenditure: overdraft, £G5lB* lid; salary ,£2O; printing and advertising, £ls; elections, £5; Fern.ridge school,£10; Mastertouschool, £ls- - Park, £6O; the Institute. £6o;'total',' SBO. The meeting then adjourned.