6 
Institution has been very economically worked without impairing its useful- 
ness in any way, and they are glad to say that they have added a third 
sum of £100 to the Sinking Fund formed for the repayment of the £500 
which was borrowed at the foundation of the Institution. A sum of 
457 12s. gd. is carried forward to the next year’s account, but of this 
430 has been applied to the purposes of the Museum Committee, although 
not yet expended. 
The Committee beg to refer all those interested in the inner work- 
ing of the Institution to the Librarian’s Report and the exhaustive statistics 
appended to it, and they desire to place on record their complete satis- 
faction with the way in which the work of the Institution is carried on. 
In conclusion, they gratefully acknowledge the many tokens of interest 
shown in the Institution as evidenced by the donations of books and other 
things which are constantly being received. They beg to reiterate the 
opinion that the Library and Museum are doing excellent work—worthy 
of comparison with what is being done in other towns, and which in every 
way carries out the design of the revered founder. 
On behalf of the Committee, 
WILLIAM HOBSON, 
CHAIRMAN. 
November 4th, 1889. 
