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should be disposed of by public auction on the 23rd of August, 
instant, and that the Treasurer be empowered to carry this Resolu 
tion into effect. 
The following is the Report made to the Council by the Trea- 
surer, in pursuance of this Resolution :— 
*¢ 4th October, 1852. 
‘The Treasurer reports, that in obedience to the directions of 
Council, he caused the House, 114, Grafton-street, to be set up by 
public auction: terms of sale being, one-quarter of the purchase- 
money to be paid on the announcement of the purchaser, the re- 
mainder on possession being given. The House sold for £620, the 
gas-fittings for £10. The fourth of the purchase-money was at once 
paid. Shortly after, an application was made to the Treasurer, re- 
questing that the purchaser may be at once put into possession, in 
order that he may commence repairs; to this he consented, on the 
condition that a Letter of Guarantee should be given to him; that 
the conditions as to insurance, &c., mentioned at the time of sale, 
should be given to him; and also on the understanding, that the 
balance of purchase-money should be immediately paid. However, 
Mr. Clibborn took upon himself to give posesssion without inti- 
mating to the Treasurer his intention of so doing ; the Letter was 
subsequently furnished, and the legal adviser of the Academy has 
intimated, that no difficulty can arise in regard to the payment of 
the money in question.” 
The following is a copy of the Letter of guarantee, alluded to 
in this Report, which was given by Mr. John Stevenson, Secretary 
to the Alliance and Consumers’ Gas Company :— 
“* Consumers’ Gas Company, 
“ Dublin, 26th Aug., 1852. 
“¢ Srr,—The Royal Irish Academy having this day permitted the 
Alliance and Dublin Consumers’ Gas Company to go into possession 
of the House and Premises, 114, Grafton-street, for the purpose of 
saving time in fitting them up,—I hereby, on the part of said 
Company, undertake that such possession shall be without preju- 
dice to their completing their purchase thereof, according to the 
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