EDUCATION IN BLACKPOOL AND DISTRICT 107 



Annes, with £200 per annum for other elementary schools in the parish, and 

 the rest of the funds for exhibitions, etc. 



On 15th June, 1903, a further scheme was approved, which made provision 

 for a public secondary school for boys, under the name of King Edward VII. 

 School, Lytham. On 1st January, 1929, a further scheme was approved, 

 which made provision for a public secondary school for girls, under the name 

 of Queen Mary's School : each of these schools is doing splendid work in 

 the area. 



As illustrating the increase in the value of the property in Blackpool 

 (originally purchased by the trustees as agricultural land), the trustees sold to 

 the Corporation of Blackpool, under an order of the Charity Commissioners in 

 1897, a piece of land about 250 square yards at the corner of Church Street 

 and Abingdon Street, and adjoining St. John's Church, Blackpool, for £1,250 

 (£5 per square yard), of which £50 was paid to the Church Authorities, as 

 compensation for their interest in certain agreements for leases affecting the 

 land sold. Again, in 1898, the Corporation, acting under compulsory powers, 

 took 1,447 square yards of the Charity lands and paid into court £9,930, the 

 sum found by arbitration to be due (this was at the rate of nearly £7 per 

 square yard, or over £33,000 per acre. As lands were sold, the capital sums 

 were invested in Stock. 



The change of value in the Charity funds may be seen from the following 

 details taken from the ' Charity Commission,' or ' Board of Education ' 

 Reports : — 



Charity Digest of 1865-8. 



Acreage of land, 25i acres. Former income, £104 18s. Present income, 

 £368 17s. 8d. 



Value in 1899. 



Sites and Buildings of St. Cuthbert's, St. Annes and St. John's Schools : 

 Acreage, 18i acres. Rents, £60 7s. 6d. Ground Rents, £624 12s. Id. 

 Stock, £1,061 18s. lid. Dividends, £29 4s. 



After paying certain fixed annual charges, the total income was 

 £720 10s. 7d. 



Value in 1907. 



Sites and buildings of King Edward VII. School : 

 Sites and Buildings of three elementary schools, also a school cottage : 

 £23,476 Stock with an income of .... £832 Is. 7d. 



Rents and Ground Rents £1,105 12s. 3d. 



A total income of £1,935 14s. lOd. 



(including bank interest). 

 Together with cash at bank on current 



account £3,388 9s. Id. 



The cash on deposit was £1,097 19s. 9d. 



