10 TRANSACTIONS OF THE 



Trusting in such services, the American Institute has ventured 

 to approach the corporation with a petition to allow it to occupy 

 the space on which the Crystal Palace formerly stood, on the con- 

 dition of rendering it an ornament to the neighboring part of the 

 city. Should the petition be favorably received, it may require 

 Legislative provision to carry it into effect, and the Institute trusts 

 that when such application shall come to be considered by your 

 honorable bodies, it may meet with a favorable reception. 

 Respectfully submitted, 



JAS. RENWICK, 

 WM. HALL, 

 JOHN A. BUNTING, 

 BENJAMIN AYCRIGG, 

 HENRY MEIGS, 

 W. B. LEONARD, 

 JOHN GRAY, Trustees, 

 New York, April 1st, 1859. 



FINANCES. 



The following is the financial condition of the American Insti- 

 tute, on the first day of February, 1859 : 



Balance in the treasury February 1, 1858, $3,019 08 



The Receipts of the past year have been — 

 From rent of store 351 Broadway, Nov. 1, 1857, to 



Nov. 1, 1858, $3,500 00 



From Treasurer of the State of NeAV 



York, 950 00 



From excess of receipts over expendi- 

 tures at the Crystal Palace, 581 89 



From Hunter Woodis Benevolent Soci- 

 ety, use of Crystal Palace, 1,000 00 



FromR. C. Orphan Asylum, use of Crys- 

 tal Palace, \. 500 00 



From sales of old iron, 93 25 



From sale of straw, 5 87 



From sale of Transactions, 1 00 



From admission fees, and dues from mem- 

 bers, 1,584 00 



From note discounted by Butcher's and 

 Drover's Bank, 3 mo's, $3,000.00, 



less discount $52.93, 2,947 07 



11,103 08 



Am't to be accounted for, includ'g last years balance, $14,182 16 



