Trustees Records, Vol. 5, 1870 (page 368)

368

now making, and to be made under authority of this
Board, which we have voted for with great unanimity,
believing that the welfare and good care of the Cemetery
required such action, still this Committee are now
of the unanimous opinion that no new work should
be undertaken involving the expenditures of such sums
of money as will compel us to exceed our revenue
the coming year. This would not hamper the Superinten-
dent in the general adornment of the grounds, but
place us in a postition which prudence and a wise
economy requires.

It is well known to the Board that the Permanent
Fund for repairs is to amount to $150.000. before
the interest on the same can be used for the care of the
grounds, (the last annual report stated it at
$115.456.76) and taking in view the fact of the
large quantity of land which has been sold, and the
number of Avenues and Paths to be cared for, your
Committee are also unanimously of the opinion that
this sum should reach $200.000. – before any of the interest
on the same is touched; believing an annual interest
of $14.000. – is small enough for the purposes for which
the Fund was created.

Respectfully submitted;