80 Massachusetts Horticultural Society. 



vising, in all your disbursements, the practice of a systematic and judicious 

 economy, and the withholding of all appropriations from any objects not 

 strictly consistent with the ends of the Society — and this that we may the 

 sooner be enabled to discharge the debt due from the Society, and also that 

 the formation may be the earlier commenced of a fund whose income shall 

 supply the place of that now derived from sale of lots at Mt. Auburn, an 

 income that must eventually be seriously diminished, if it does not wholly 

 ceas^. 



And now, gentlemen, in all measures that will tend to promote the pros- 

 perity of your Society, or that are designed to effect the objects for which 

 it was instituted, " by promoting and encouraging the practice and science 

 of Horticulture," it has become my duty, as it has thus far been my pleas- 

 ure, most cheerfully and cordially to co-operate Avith you. And for these 

 purposes, trusting to your needed assistance, and at all times hoping for 

 your kind indulgence, I, with a reiteration of my thanks for the honor you 

 have conferred upon me, assume the performance of the duties assigned to 

 the ofRce of which by your kindness I have now become the incumbent. 



The Finance Committee submitted their report, as follows : — 



Massachusetts IIorticulturai, Society, ) 

 January 1, 1852. \ 



The Committee of Finance having examined the Treasury account for 

 the year 1851, and having found the same correctly cast, and accompanied 

 with proper vouchers, herewith submit their Annual Report, together with 

 a statement and estimate of the property of the Society as it exists at this 

 date. 



In the valuation of the Real Estate, Library and Furniture, no altera- 

 tion has been made since the last Report. To the Stocks, however, there 

 have been added twenty shares of the Portland, Saco and Portsmouth Rail- 

 road Co., which it is believed will continue to be a sound, interest-paying 

 stock, and a safe investment for the Society. 



Receipts for the Year 1851. 



Balance in the Treasury, January 1, . 



Rent of Store, ....... 



" Hall, for the year, ..... 



Assessments collected, ...... 



Interest from Massachusetts Hospital Life Insurance Company, 

 Dividends from Worcester Railroad, .... 



Coupons from the Connecticut and Passumpsic Railroad Bonds, 

 Receipts from the Treasurer, Mount Auburn, 

 Interest on $2000 in Portsmouth and Saco Railroad Stocks, 

 Donation from Mr. Smith, by the hands of Mr. Button, 

 Miscellaneous receipts, ...... 



$•7074 09 

 Expenditures and Investments for the Year 1851. 

 Taxes on Real Estate, . . . . . . $210 20 



Expenses of Annual Exhibition, over and above receipts, . 138 74 



