1 1 
tickets of admission to the Garden, at the rate of 
twenty-five cents for each ticket, the sum decided 
upon for a single admission. This has been done 
with considerable success. The certificates provide 
that the income of the Society shall be appropriated 
as follows : First. For the maintenance of the 
establishment. Second. To the payment of six per 
cent, in cash upon the amount paid in upon the 
subscriptions to the stock. Third. The balance, if 
any, to the extension of the collection, and the im- 
provement of the Garden. This gives each stock- 
holder the equivalent of eight and a half per cent, 
upon his investment, if the Garden be a pecuniary 
success. For each one hundred dollars of paid up 
stock he receives, besides the cash dividend, limited 
to six per cent., ten single admission tickets, and 
five more for each fifty dollars additional. Every 
twenty of these single tickets may be commuted at 
the beginning of the year into one annual admis- 
sion ticket, in his own or any other name he de- 
sires. Each fifty dollars of stock entitles the holder 
to one vote, and each two hundred dollars to the 
privileges of membership. 
The unfortunate financial crisis which occurred 
in the fall of last year, interfered to some extent 
with the Board in obtaining subscriptions, but not- 
withstanding this, and the want of general knowl- 
edge with regard to the financial success of such 
undertakings in other countries, they have received, 
to the date of this report, subscriptions amounting 
to the sum of one hundred and three thousand 
two hundred and fifty dollars, and believe that the 
necessary amount will be taken to place the Garden 
