150 OAKADIAN INSTITUTE. 



Statement of Building Fund Account. 



Balance from 1855 1000 



Cash received by subscriptions in 1856 211 10 



Cash transferred from the General Account . 150 



1361 10 



Disbursements as per Vouchers 92 4 3 



Total Cash Balance £1269 5 9 



Cash due on Subscription List 534 15 



Interest due on Cash Invested 94 1 ?■ 3 



Estimated Balance in favor of the Building Fund. . . £1898 14 



The Treasurer in account with the Canadian Institute. 

 De. 



Balance of Building Fund from 1855 1000 



Cash received by Subscription to Building Fund 211 10 



" Balance of General Account from 1855.... 213 17 8 



" received from Members 351 12 10 



" " Government Grant 250 



" " AthenEeum 150 



Sales of Journal 31 18 



£2,268 18 6 



Ce. 

 Cash paid on account of the publication of Old 



" Series of the Journal 150 1 3 



" New Series 182 15 10 



Library 123 19 1 



" •' General Account 239 5 4 



" " New Building; 92 4 3 



788 6 3 



Invested 1389 6 



Balance in Bank of Upper Canada 91 5 



£2,268 18 6 

 D. Ceawford, 



Treasurer. 



When the Council assumed office, they, with the Members of the Institute 

 generally, indulged the hope that during the past summer some progress might 

 have been made in the erection of the new building ; when, however, they came 

 to consider in detail the provision which must necessarily be made, the expenditure 

 which it involved, and the entire insufficiency of the funds at command to secure 

 euch progress as would justify active measures during the season, they were 

 reluctantly compelled to abandon any attempt to proceed with the structure during 

 the present year. The calls upon the public from other quarters had been so 

 pressing and continuous, that the Council feared the prosecution of their appeal 

 for aid under the circumstances would have been productive of injury to the 

 scheme. They preferred therefore rather to await a more promising opportunity 

 for calling in subscriptions, than to urge their claims at a period which such efforts 

 as they made abundantly manifested to be so unpromising ; and they were further 

 induced to this decision, by the reflection that whilst the funds already in their 



