Staten Island Association of Arts and Sciences 



The members of the Association will be interested in the following abstract from 

 the proceedings of the Commissioners of the Sinking Fund, at a meeting held on 

 Thursday, January 25, 1917, and printed in the City Record, page 961, February 6, 

 1917. 



" The Deputy and Acting Comptroller presented the following report and offered 

 the following resolution : 



January 20, 1917. 

 To the Honorable the Commissioners of the Sinking Fund : 



Gentlemen : The President of the Staten Island Association of Arts and Sciences 

 in a communication to your Board under date of October 14, 1916, requests the 

 assignment to that Association of part (115 ft. by 1 08 ft.) of a plot of ground 

 owned by the City at Wall Street and Stuyvesant Place, in the Borough of Richmond, 

 for the purpose of erecting thereon a two and a half story and basement fireproof 

 Museum building at a cost of about $20,000. at the expense of the Staten Island 

 Association of Arts and Sciences, and which will take the place of the present quarters 

 now leased by the City, thereby effecting a saving to the City of $1,500 a year, 

 now paid for rent. * * * 



The Corporation Counsel, in a communication under date of January 16, 1917, 

 states that the Commissioners of the Sinking Fund have the general power under 

 section 8 of chapter 850 of the Laws of 1911 "to allot and set apart to said Asso- 

 ciation, land in the Borough of Richmond for the erection of a suitable building or 

 buildings for the keeping and maintaining of the Museum, collection and library of 

 said Association, and to prescribe the terms and conditions regulating the use of such 

 land by said Association." 



I therefore respectfully recommend that the Commissioners of the Sinking Fund 

 adopt a resolution assigning to the Staten Island Association of Arts and Sciences, 

 the plot of land in the First Ward of the Borough of Richmond, City of New York, 

 hounded and described as follows : * * * — said premises to be used as a site 

 for the erection of a Museum building by the Staten Island Association of Arts and 

 Sciences, said premises with buildings and other improvements thereon to revert to 

 the City whenever it shall cease to be so used. 



Respectfully, 



Albert E. Hadlock, 



Deputy and Acting Comptroller. 



Resolved, That, pursuant to the provisions of section 8, chapter 850 of the 

 Laws of 1911, the Commissioners of the Sinking Fund hereby assign to the Staten 

 Island Association of Arts and Sciences the plot of land in the First Ward, Borough 

 of Richmond, City of New York, bounded as follows : 



Beginning at the corner formed by the intersection of the northerly side of Wall 

 Street with the easterly side of Stuyvesant Place ; running thence easterly along the 

 northerly side of Wall Street 1 08 feet ; running thence northerly and parallel with the 

 easterly side of Stuyvesant Place I 1 5 feet ; running thence westerly and parallel with 

 the northerly side of Wall Street 1 08 feet to the easterly side of Stuyvesant Place ; 

 running thence southerly along the easterly side of Stuyvesant Place I I 5 feet to the 

 point or place of beginning, - said land to be used as a site for the erection of a Museum 

 building by the said Association, and the premises, with the building and other im- 

 provements thereon, to revert to the City of New York whenever it shall cease to be 

 so used. This assignment being made upon the express condition that the erection of 

 the Museum building shall be commenced within two years from date, otherwise to be 

 of no force or effect. 



The report was accepted, and the resolution adopted, all the members present 

 voting in the affirmative." 



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