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income of £146 17s. 8d. This is entirely distinct from the grant 
first made in 1816, which is annually inserted in the Treasury Es- 
timates, and which has always been appropriated to the general pur- 
poses of the Academy. 
The interest of which the Academy ultimately became possessed 
in the house in Grafton-street is as follows:—The ground and the 
house belongs to the Corporation of the City of Dublin, by whom 
it was let on a lease for three lives, renewable during a period of 60 
years, to a tenant under whose representative the Academy holds. 
This period of 60 years expired in Easter, 1851, when it appeared 
that two of the lives then in the lease were those of persons above 
70 years of age, whilst of the third nothing was known, as the per- 
son had not been heard of for many years. Thus it was manifest that 
the Academy’s tenure of the house, depending upon two such ad- 
vanced lives, was near its termination. 
Under these circumstances, the President made energetic repre- 
sentations to the Government, praying that a permanent and suit- 
able residence might be granted to the Academy. This application 
was successful. The Government being assured that the house in 
1 
which we now are was in every respect eligible, obtained a lease of 
it at arent of £155 17s. 6d. per annum. For the payment of this, 
our annual grant under Acts of Parliament, of £146 17s. 8d., is 
available in the first instance, and is to be handed over, half-yearly, 
by the Treasurer of the Academy, to the Commissioners of the 
Board of Public Works, who will put the balance in their annual 
estimates. 
The Academy House being for the future placed on the same 
footing as other public buildings, its repairs will be undertaken by 
the Commissioners of the Board of Works, and at their charge. 
For the purpose of putting it into a fit state to meet all the requi- 
sitions of the Academy, the Commissioners expect to obtain a spe- 
cial Parliamentary Grant for additions, alterations, and repairs, to 
be executed in the course of the current year. The proposed addi- 
tions consist of a fire-proof building on the ground-floor at the rere 
of the house, containing a Museum and a Library ; the latter on 
such a scale as to answer for a meeting-room on occasions when a 
very large assemblage of persons is expected to take place.- It is 
le eS ae 
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