TOWN LANDS TRUST.

Wairarapa Daily Times, Volume XIII, Issue 4037, 13 February 1892, Page 2

TOWN LANDS TRUST.

A special meeting of the Mastorton Town Lands Trustees was held last evening to consider the applications for assistance on behalf of George Barron and Gwendoline Powell, who gained scholarships at the recont examination. Present—Messrs Win, Lowes (chairman), A. W. Renall, Gapper, Eton, Graham, and Perry. The head master wrote supporting the applications, especially mentioning the girl Gwendoline Powell. The Chairman said the state of the fund showed a balance to the end of the year (March 31st) of £63185, He had had a conversation with Mrs Marley (the girl's aunt) and thought the case deserving, Mr Eton thought that where ability was shown in cases where parents' means would not permit them to afford the necessary money, grants should be made when the funds permitted,

Mr Gapper moved that £2O be granted. In reply to Mr Perry the Chairman said the scholarship was worth £BO. The total cost of it would be at least £6O to the girl. Mr Eton seconded Mr (tapper's motion. Mr Perry said he considered Ihe case most deserving, and would move as an amendment that the amount granted be. £25, if the funds would permit. The Chairman said the income from the acres set apart was £2B per annum, after managerial expenses' were deducted. It was, however competent on them to take from the general fund. There was also another application to be considered, Mr Perry's amendment not being seconded the original motion was put and carried. The next application, that of Mr Barron in favor of his son George, was thee considered,

Tho Chairman pointed out that the ■ Town Ijaads Truateea ■ bad not dooided to grant a snm to all children gaining scholarships as Mr Barron seemed to suppose, It would be better therefore to defer the consideration of the request until noxt meettins; so that they could ascertain the parent's position, This course was adopted, v • The Cliairman shia\ he had one furthor matter "tocall attention to. The MastertonPark Trustees had not yet completed'tho. transfer of the Building Society shares, It would be advisable to interview tlie chairs man on the matter. ' , ' The' Clark informed the members that he had instructed the Secretary of theSark'Trust that the' Town Lands Trust would not'be responsible for any'finis accruing through delay in the'transfer," ■, ■' . ' ' : . Ms Lowes was appointed to inlorview tho Chairman.. ■•■''": ." This being..all. the. ; b\iß'ncßß,tlie meeting adjourudd, : .