SALE AND PUECHASE OF REAL ESTATE. 137 



added to the cemetery since its separation from the 

 Society, with interest and other charges. Of this sum 

 $2,879.34 was paid in 1859, being half the amount due 

 the Society for sales in 1858. The balance, amounting, 

 with a year's interest, to $6,496.90, was paid on settle- 

 ment for the sales in 1859 ; .and the Society was again 

 free from debt. 



On the 5th of January, 1860, the Society consum- 

 mated the sale of all its real estate in School Street, 

 measuring 5,343 square feet, to Harvey D. Parker, at 

 thirteen dollars per foot, amounting to $69,459. It. 

 received in payment a mortgage note for $60,000, at six 

 per cent, the interest to commence on the 1st of April, 

 when possession was to be given, and the balance in 

 cash, less the interest to that time, being $9,317.12. Of 

 this note $38,000 was paid at different times during the 

 year 1864, and the remaining $22,000 on the 3d of 

 January, 1865. 



In August, 1863, the Society purchased the Mont- 

 gomery House estate for $101,000, paying $1,000 in 

 cash, and giving a mortgage payable in gold in twenty 

 years, with interest in currency at five and one half per 

 cent per annum for $100,000. On the 6th of February, 

 1864, the Society, on the recommendation of the Build- 

 ing Committee, voted to erect a building on this land, 

 at a cost not exceeding $105,000. The assets of the 

 Society available for this purpose, consisting of H. D. 

 Parker's note, received in payment for the School Street 

 property, and of railroad stocks and other investments 

 of the surplus income, were estimated at $100,054. 



On the completion of the hall, the cost, including 

 land, building, and new furniture, was found to be 

 $246,889 ; and the other property, consisting of the 



