Masterton Trust Lands Trust.

Wairarapa Daily Times, Volume XV, Issue 4719, 15 May 1894, Page 3

Masterton Trust Lands Trust.

Annual Report The following is tho report to be presented with tho balsnco sheet at annual moating of voters to bo held in the Temperance Hall this (Tuesday) evening at 8 o'cleok: " Your Trustees have pleasure in submitting their annual report ind balance sheet, Id tho year ju-t closed the increase in rents actnally collected amounted to the sum of £123 15s, which is gratifying fact to raport. (®masea are falling in during year, wbioh will still furtflHßmcnt tho yearly revenue, inorder to obtain tho best results for future tevenue, those

properties are being improved and pot into thorough good order, which ; has necessitated the outlay ot a considerable sum upon a number of the buildings. Grants have been m ade as usual to tlii) various tchools and institutions of the district, The second Park debenture of £2OO bus been paid off, together with interest, without trenching on the fund re. fotred to in the last report. This payment disposes of the debt which has been hanging over tho Park for eo many years. Your Trustees are pleased to report that the rents have been well collected and the amount outstanding at the end of the year is very small. The question o! founding a scholarship out of the special fund has been held over j m order that you may haro an opportunity of discussing and expressing your views upon the matter. Messrs Gapper and Ronall are the retiring Trustees, and being eligible, offer Ik themselves for re-election. Wh, Lowes, Chairman.