Nelson Provincial Gazette – 1860 – No. 1

Page 3

✨ Financial Statements of Nelson Trust Funds

ABSTRACT of the Accounts of the Nelson Trust Funds, for the Year ended the
Dr. 1st December, 1859—continued. Cr.

RELIGIOUS RESERVE FUND.

	£	s.	d.		£	s.	d.
To Amount of Fund from December 1st, 1858	1,487	15	0	By Loans on Mortgage, 1st of December, 1858	1,300	0	0
To Interest Account, for Interest on Loans received during the Year 1859	130	12	6	By Balance in hands of Trustees	318	7	6

	1,618	7	6		1,618	7	6

STEAM NAVIGATION FUND.

	£	s.	d.		£
To Amount of Fund from 1st December, 1858	9,000	0	0	By Loan to Immigration Commissioners	2,000
				By Loan to Nelson Coast Steam Association, without interest, for a period of five years	4,000
				By a further Loan to Nelson Coast Steam Association, without interest, but to be repaid before any Division of Profits shall be made	3,000
					7,000
	9,000	0	0		9,000

RESERVE FUND.

	£	s.	d.		£	s.
To Amount of Fund from 1st December, 1858	6,444	14	0	By Loans on Mortgage, 1st December, 1858	2,850	0
To Interest Account, for Interest received on Loans to 1st December, 1859	349	0	0	Deduct Loan repaid since	500	0
					2,350	0
				By Loan to the Provincial Government, in 1858, for Educational Purposes	3,000	0
				Deduct 1st Instalment paid	150	0
					2,850	0
				By Loan to Nelson Institute, for Seven Years, without Interest	300	0
				By Remittance to England, to procure Geological Specimens, and Exchange	51	10
				By Remittance to England, to procure Philosophical Apparatus, and Exchange	103	0
				By Salary to Secretary	75	0
				By Fees to Members of the Board	35	14
				By Office Expenses for 1858 and 1859	13	0
				By Fees to Auditors for 1859	4	4
				By Balance in hands of Trustees	1,011	6
	6,793	14	0		6,793	14

INTEREST ACCOUNT.

	£	s.	d.		£	s.	d.
To Amount of Interest received from sundry Individuals, during the Year 1859	479	12	6	By Religious Reserve Fund	130	12	6
				By Reserve Fund—Interest on Loans	266	0	0
				Arrears of Interest on Loans transferred to Governors of Nelson College	83	0	0
					349	0	0
	479	12	6		479	12	6

TOTAL FUNDS

PDF — Nelson Provincial Gazette 1860, No 1

The Nelson Provincial Council Buildings (depicted) were constructed beginning with the laying of the foundation stone on 26 August 1859, with the first Council meeting held there on 30 April 1861.

The buildings served Nelson for over a century before being demolished on 12 September 1969.

✨ LLM interpretation of page content

💰 Abstract of the Accounts of the Nelson Trust Funds: Religious Reserve Fund (continued from previous page)

Domain💰 Finance & Revenue
KeywordsNelson Trust Funds, Religious Reserve Fund, Financial Statement, Accounts

💰 Abstract of the Accounts of the Nelson Trust Funds: Steam Navigation Fund

Domain💰 Finance & Revenue
KeywordsNelson Trust Funds, Steam Navigation Fund, Financial Statement, Accounts, Immigration Commissioners, Nelson Coast Steam Association

💰 Abstract of the Accounts of the Nelson Trust Funds: Reserve Fund

Domain💰 Finance & Revenue
KeywordsNelson Trust Funds, Reserve Fund, Financial Statement, Accounts, Provincial Government, Nelson Institute

💰 Abstract of the Accounts of the Nelson Trust Funds: Interest Account

Domain💰 Finance & Revenue
KeywordsNelson Trust Funds, Interest Account, Financial Statement, Accounts, Nelson College

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