98 
and other development of the Brooklyn Botanic Garden, on the under- 
standing that the City will appropriate an equal amount of corporate stock 
for a similar purpose.” 
On May 26, 1915, a check for $100,000 was deposited by Mr. White with 
the Comptroller and temporarily placed to the credit of a Suspense Fund 
and is at present being held. 
At present the Brooklyn Botanic Garden ai are greatly con- 
gested, and the facilities for carrying on the work are inadequate. The 
necessity for improvement in the buildings, ee perhaps not vitally 
urgent this year, is so great that the City will be compelled to expend in 
excess of $100,000 in making necessary improvements in the near future 
The acceptance under the conditions outlined in this offer at'this time 
will provide funds sufficient for all improvements needed in the Botanic 
Garden for several years 
It is the opinion of your committee that the generous offer made 
through Mr. White should be accepted. 
We recommend the adoption ae attached resolution approving the 
authorization of $100,000. 
Respectfully, 
Ww. A. PRENDERGAST, 
mptroller; 
GRANT ESTERBROOK, 
Acting President, Board of Aldermen; 
E. W. Vooruies, 
Acting Pre sident, Borough of Brooklyn; 
OUGLAS MATHEWSON, 
President, Borough of the Bro 
Corporate Stock Budget Contin 
The following resolution was offered: 
Resolved, That the Board of Estimate and Apportionment, 
pursuant to the provisions of section 47 of the Greater New York 
Charter, as amended, hereby approves of the issue of corporate 
stock of The City of New York to an amount not exceeding one 
hundred thousand dollars ($100,000) to provide means for the 
improvement of the Brooklyn Botanic Garden, under the juris- 
diction of the Department of Parks, Borough of Brooklyn, and 
that when authority therefor shall have been obtained from the 
Board of Aldermen the Comptroller be and is hereby authorized 
to issue said corporate stock of The City of New York in the 
manner provided by section 169 of the Greater New York 
Charter, maturing not more than fifteen (15) years after date 
of issue, the proceeds thereof to the amount of the par value of 
the stock to be applied to the purposes aforesaid; provided, how- 
