III. THE DOWSE FUND, which was given to the Society by the executors of the will of the late Thomas Dowse, April 9, 1857, for the "safe keeping" of the Dowse Library. It amounts to $10,000. IV. THE PEABODY FUND, which was presented by the late George Peabody, in a letter dated Jan. 1, 1867, and now amounts to $22,123. It is invested in the seven per cent bonds of the Boston and Albany Railroad Co., payable in 1892, and a deposit in the Suffolk Savings Bank; and the income is only available for the publication and illustration of the Society's Proceedings and Memoirs, and for the preservation of the Society's Historical Portraits. V. THE SAVAGE FUND, which was a bequest from the late Hon. James Savage, received in June, 1873, and now stands on the books at the sum of $5,295. It is invested in the six per cent bonds of the Philadelphia, Wilmington, and Baltimore Railroad Co., payable in April, 1887, and in the stock of the Boston Gas-Light Co. The income is to be used for the increase of the Society's Library. VI. THE ERASTUS B. BIGELOW FUND, which was given in February, 1881, by Mrs. Helen Bigelow Merriman, in recognition of her father's interest in the work of the Society. The original sum was one thousand dollars; but the interest up to this date having been added to the principal, it now stands at $1,346.95. There is no restriction as to the use to be made. of this fund. VII. THE WILLIAM WINTHROP FUND, which amounts to the sum of $3,000, and was received Oct. 13, 1882, under the will of the late William Winthrop, for many years a Corresponding Member of the Society. The income is to be applied "to the binding for better preservation of the valuable manuscripts and books appertaining to the Society." VIII. THE RICHARD FROTHINGHAM FUND, which represents a gift to the Society, on the 23d of March, 1883, from the widow of our late Treasurer, of a certificate of twenty shares in the Union Stock Yard and Transit Co., of Chicago, and of the stereotype plates of Mr. Frothingham's "Siege of Boston," "Life of Joseph Warren," and "Rise of the Republic." The fund stands on the Treasurer's books at $3,000. There are no restrictions on the uses to which the income may be applied. In accordance with a vote of the Society passed March 12, 1885, the cost of publishing a Catalogue of the Society's Cabinet was charged to the income of this fund. IX. THE GENERAL FUND, which now amounts to $5,200. It represents the following gifts and payments to the Society: 1. A legacy of two thousand dollars from the late HENRY HARRIS, received in July, 1867. 2. A legacy of one thousand dollars from the late GEORGE BEMIS, received in March, 1879. 3. A gift of one hundred dollars from the late RALPH WALDO EMERSON, received in April, 1881. 4. A legacy of one thousand dollars from the late WILLIAMS LATHAM, received in May, 1884. 5. A bequest of five shares in the Cincinnati Gas-Light and Coke Co. from our late Recording Secretary, GEORGE DEXTER, received in June, 1884. 6. Four commutation fees of one hundred and fifty dollars each. The fund is invested in an eight per cent bond of the Quincy and Palmyra Railroad Co., for one thousand dollars, payable in 1892, and five shares of stock in the Cincinnati Gas-Light and Coke Co., of the par value of five hundred dollars. Thirty-seven hundred dollars have been paid from it toward the reduction of the mortgage debt. The following abstracts and the trial balance show the present condition of the several accounts: |