Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Freemasons' Quarterly Advertiser. No. Xx...
FREEMASONS ' QUARTERLY ADVERTISER . No . XXXI .
SEPTEMBER 30 , 1841 .
FREEMASONRY .
ASYLUM FOR WORTHY AGED AND DECAYED FREEMASONS .
A QUARTERLY GENERAL MEETING of the GOVERNORS and SUB-•* - * - SCRIBERS of this Institution will be held at RADLEY ' HOTEL , New Bridge Street , Blackfriars , on Wednesday , the 13 th day of October , at Seven o ' clock in the Evening , punctually , when the following matters will be submitted for consideration : —• The recommendation of the Quarterly General Meeting in April last , that the words " at least" be omitted in the following resolution recorded at page 158 of the Minute Book , namely : —
" That an amount equal at least to the interest on the sum invested , shall be applied out of the current collections of the year , by way of Annuities among destitute and deserving Brethren in London and the Provinces . " And that the following Resolutions , as recorded in the Minute Book at pages 159 and 160 , be rescinded , namely : — " That this Meeting acknowledges , with equal satisfaction and gratitude , the declaration of His Royal Hihness the M . W . Grand Masterin favour of an Annuity
Instig , tution for the Relief of Aged and Decayed Freemasons , and most strongly recommends the adoption of His Royal Highness ' s suggestion by carrying out the annuity principle ; and that the erection of an Asylum be deferred until the sum of 70001 . shall have been received and invested , the interest only of such sum applicable to the purposes of annuities . All monies collected beyond the above sum to he set aside expressly as a Building and Endowment Fund , the interest thereof to accumulate and be added to the principal .
" That the said sum of 2000 / ., already invested , shall remain intact , without diminution or increase , as the nucleus of a fund for the erection and endowment of the Asylum , and until a subsequent sum of 7000 / . has been raised . " That the interest on the said sum of 2000 / ., together with all receipts beyond that sum , sliall be applied in making good the annuities to be granted , and in accumulating the said sum of 7000 / . " That until the said sum of 7000 / ., clear of the said sum of 2000 / ., shall have been accumulated , the erection of the Asylum shall he deferred , and that the interest only of
the said sum of 7000 / , shall be applicable to the purposes of annuities . " That on and from the accumulation of the said sum of 7000 / ., the said sum of 2000 / ., together with all other monies received hy this Institution , and all accumulations of interest respectively , shall be applied as a fund for the erection and endowment of the Asylum . " To which an amendment will be proposed : — " That the resolution above quoted from page 158 ofthe Minute Book , he altogether
rescinded . " That the first clause of the resolutions above quoted from pages 159 and 160 of the Minute Book , commencing with the words ' That this Meeting , ' and ending with the words ' annuity principle , " he retained , and all the remaining portions be rescinded . "
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Freemasons' Quarterly Advertiser. No. Xx...
FREEMASONS ' QUARTERLY ADVERTISER . No . XXXI .
SEPTEMBER 30 , 1841 .
FREEMASONRY .
ASYLUM FOR WORTHY AGED AND DECAYED FREEMASONS .
A QUARTERLY GENERAL MEETING of the GOVERNORS and SUB-•* - * - SCRIBERS of this Institution will be held at RADLEY ' HOTEL , New Bridge Street , Blackfriars , on Wednesday , the 13 th day of October , at Seven o ' clock in the Evening , punctually , when the following matters will be submitted for consideration : —• The recommendation of the Quarterly General Meeting in April last , that the words " at least" be omitted in the following resolution recorded at page 158 of the Minute Book , namely : —
" That an amount equal at least to the interest on the sum invested , shall be applied out of the current collections of the year , by way of Annuities among destitute and deserving Brethren in London and the Provinces . " And that the following Resolutions , as recorded in the Minute Book at pages 159 and 160 , be rescinded , namely : — " That this Meeting acknowledges , with equal satisfaction and gratitude , the declaration of His Royal Hihness the M . W . Grand Masterin favour of an Annuity
Instig , tution for the Relief of Aged and Decayed Freemasons , and most strongly recommends the adoption of His Royal Highness ' s suggestion by carrying out the annuity principle ; and that the erection of an Asylum be deferred until the sum of 70001 . shall have been received and invested , the interest only of such sum applicable to the purposes of annuities . All monies collected beyond the above sum to he set aside expressly as a Building and Endowment Fund , the interest thereof to accumulate and be added to the principal .
" That the said sum of 2000 / ., already invested , shall remain intact , without diminution or increase , as the nucleus of a fund for the erection and endowment of the Asylum , and until a subsequent sum of 7000 / . has been raised . " That the interest on the said sum of 2000 / ., together with all receipts beyond that sum , sliall be applied in making good the annuities to be granted , and in accumulating the said sum of 7000 / . " That until the said sum of 7000 / ., clear of the said sum of 2000 / ., shall have been accumulated , the erection of the Asylum shall he deferred , and that the interest only of
the said sum of 7000 / , shall be applicable to the purposes of annuities . " That on and from the accumulation of the said sum of 7000 / ., the said sum of 2000 / ., together with all other monies received hy this Institution , and all accumulations of interest respectively , shall be applied as a fund for the erection and endowment of the Asylum . " To which an amendment will be proposed : — " That the resolution above quoted from page 158 ofthe Minute Book , he altogether
rescinded . " That the first clause of the resolutions above quoted from pages 159 and 160 of the Minute Book , commencing with the words ' That this Meeting , ' and ending with the words ' annuity principle , " he retained , and all the remaining portions be rescinded . "