26 



TRANSACTIONS OF THE 



Leal and agricultural inventions which are annually exhibited. The 

 office of the Secretary, Board of Directors, and library of the society 



are also situated in the building. 



VALUE OF PROPERTY. 



The buildings are all insured and kept in good repair and condi- 

 tion. The total value of all the property of the society is estimated 

 to be worth from one hundred thousand dollars to one hundred and 

 twenty thousand dollars. The property, however, could not be 

 replaced for a much greater sum. 



STATE AID. 



California has followed the custom of other States of the Union in 

 appropriating money toward the support of a State Agricultural Soci- 

 ety. The appropriations made have been for premiums to be offered 

 by the society, excepting fifteen thousand dollars appropriated for 

 building a brick wall around the front part of the park, and fifteen 

 thousand dollars for building a grand stand. 



APPROPRIATIONS. 



The Legislature has contributed, by appropriations to the society, 

 as follows : 



1854 — For premiums $20,000 00 



1855— Relief 1,500 00 



1858— Premiums - .__ 25.(1 



1861— Building brick wall 15, 10 



1865-66— Premiums 8,000 00 



1867-68— Premiums 8,000 00 



1869-70— Premiums 16,(i00 00 



1ST 1-72— Premiums . 10,000 00 



1873-74 — Erecting grand stand L5,000 00 



Total I $118,500 00 



An investigation into the books of the Secretary shows the receipts 

 at the park and pavilion, the amount awarded in premiums and 

 purses, and the amount realized from the sale of pool privileges and 

 entrance money for the past three years, to be as follows : 



