This would give all a more equal chance, and not doom the
young and productive members to reside in attics, or in groups in any
place convenient for the Association, in its crowded state, to put
them.
Extracts from the Financial Report to the Association.
"The Direction of Finance respectfully submit their annual report for
the year ending Oct. 31, 1844:--
The income of the Association during the year from
all sources whatever has been . . . . . . .$11,854.41
and its expenditures for all purposes,
including interest, losses by bad debts,
and damage of buildings, tools and
furniture . . . . . . . . . . . . . . . . . 10,409.14
leaving a balance of . . . . . . . . . . . . 1,445.27
from which deducting the amount of
doubtful debts contracted this year . . . . 284.43
--------
we have . . . . . . . . . . . . . . . . . . $1,160.84
which is to be divided according to the Constitution.
"By the last yearly report of this Direction it appears that the
Association has been a loser up to November 1, 1843, to the amount of
$2,748.83. In this amount was included sundry debts against associates
amounting to $924.
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