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The Pamphlet Collection of Sir Robert Stout: Volume 58

Report by the Directors of the Shetland Fisherman's Widows' Relief Fund, As at 31st December, 1885

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Report by the Directors of the Shetland Fisherman's Widows' Relief Fund,

Printed at the "Shetland News"Office, Lerwick.

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Shetland Fishermen's Widows' Relief Fund.

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Shetland Fishermen's Widows' Relief Fund.

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TTheYear just closed has been uneventful in the history of the Fund, and the Directors have nothing very interesting to record. The total number of Widows, Children, and Dependents left by the Disaster of July 1881, and receiving Relief from the Original Fund, is at this date 117, or 5 less than last year, two boys and two girls having been struck off during the year, after reaching the ages of 14, and one woman—a dependent—having died.

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During the year only one casualty occurred—the drowning of Adam Smith, Gott, Cunnings burgh, when returning from the fishing on the 17th June. He left a widow and child, who were admitted to the benefit of the Permanent Fund, the total number assisted from it during the year being 25.

The Contingent Fundnow amounts to £500, the sum originally aimed at.

In July last, Sheriff Rampini, chairman, was appointed to Elgin and Nairn, and in consequence resigned his connection with the Fund. The Directors recorded their regret at his removal in a fitting minute, and the vacancy as a Director ex officiowill be filled, in terms of the Rules, by his successor, Sheriff Mackenzie.

Three of the Directors—viz., Messrs John Jamieson(Maywick), CharlesRobertson, and ArthurSandison, and the Secretary and Treasurer—retire by rotation, but are eligible for re-election.

By Order.

Thos. M. Cameron,

Vice-Chairman.
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Shetland Relief Fund—Original.

Charge.

I.—Balancesas per Last Account
1. Amount in P.O. Savings Bank £657 5 0
2. Amount on current account in Union Bank 53 5 5
3. Loan to Major Cameron 3000 0 0
4. Loan to J. M. Aitken 800 0 0
5. Loan to Delting Road Trustees 359 5 0
6. Loan to Yell do. 323 6 7
7. Loan to Sandsting do 449 1
£5642 3
Less Balance due Treasurer 9 0 5
£5633 2 94
II.—Revenue
1885.
April2—Interest on current account £0 0 3
May 15—Interest on Major Cameron's bond. 58 5 0
June 1—Interest on J. M. Aitken's bond. 17 0 3
June 15—Interest on P.O. Savings Bank acc. 24 7 6
Nov.11—Interest on Major Cameron's bond 58 0 0
Nov12—Interest on Delting Road Trustees' bond 14 7 4
Nov12—Interest on Sandsting Road Trustees' bond 17 19 2
Nov12—Interest on Yell Road Trustees' bond 12 18 7
Nov14—Interest on J. M. Aitken's bond 17 8 0
220 6 1
III.—Capital Realised
Drawn from P.O. Savings Bank for year £340 0 0
Do. Union Bank for year 606 3 0
Major Cameron—part of his bond paid 2000 0 0
Sandsting Road Trustees, amount of principal repaid in terminable annuity of £44 19s 5d 27 0 3
Yell Road Trustees, do. £32 7 6 19 8 11
Delting Trustees, do. 35 19 0 21 12 2
£3014 4 4
IV.—Sundries
Income Tax repaid by Inland Revenue 2 10 0
Sum of Charge £5855 18 10½
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Discharge.

I.—Investments
Paid into Union Bank for year £603 19 11
Do. P.O. Savings Bank 2024 7 6
£2628 7 5
II.-Aliment
1885.
Feb. 11—By Quarter's Allowances. £143 6 6
May 12—By Quarter's Allowances. 142 7 0
Aug. 12—By Quarter's Allowances. 133 9 0
Nov. 11—By Quarter's Allowances 141 9 0
1884.
Dec. 13—By Widow Nicholson, Sellafirth, for a delicate daughter 1 19 0
£567 10 6
III.—Expenses of Management
1885.
Jan. 19—C. Prentice, C.A., for auditing £2 3 11
June 8—Treasurer's Salary for half-year 12 10 0
Aug. 12—C. & A. Sandison, printing report, &c. 1 1 3
Dec. 1—Treasurer's salary for half year 12 10 0
Dec. 1—Postages for year 3 6 0
31 11 2
IV.—Funds at Close of this Account
1. In P.O. Savings Bank £2341 12 6
2. In Union Bank on current account 51 2 4
3. Loan to Major Cameron 1000 0 0
4. Do. J. M. Aitken. 800 0 0
5. Do. Delting Road Trustees 337 12 10
6. Do. Yell do. 303 17 8
7. Do. Sandsting do. 422 0 11½
8. Balance due by Treasurer. 0 10 11
5256 17
Sum of Discharge £5855 18 10½
E. &.O. E.

Alex. Mitchell

, Treasurer.

Edinburgh, 24Th December, 1885.—I have examined the foregoing Account, and find it to be correctly stated and properly vouched. I have also examined the various securities and other documents instructing the Funds, and find them in order.

Cha. Prentice, C.A.

, Public Auditor under the Friendly Societies' Act.
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Shetland Relief Fund—Permanent.

Charge.

I.—Balances as per Last Account
1. On Loan to Lerwick Harbour Trustees £5000 0 0
2. Do. Lerwick Town Hall Company (Limited) 2000 0 0
3. On Loan to G. R. Linklater, Lerwick 350 0 0
4. In P.O. Savings Bank 161 1 5
5. On D. R. with Union Bank
On D. R. Contingent account
£184 13 8 450 0 0
634 13 8
6. On current account with Union Bank 45 0 3
7. In Treasurer's hands. 9 8
£8200 3
II.—Members' Subscriptions
John Jamieson £0 5 0
Major Cameron 0 5 0
Major Cameron 1885-86 0 5 0
Alex. Mitchell 0 5 0
John Leisk 0 5 0
A. J. Hay 0 5 0
A. Laurenson 0 5 0
J. Robertson, senior 0 5 0
C. Robertson 0 5 0
G. H. B. Hay 0 5 0
John Harrison 0 5 0
James Hunter 0 5 0
J. B. Leask, 4 years to 7th Dec., 1888. 1 0 0
J. Bruce 0 5 0
Alex. Macgregor 0 5 0
Ar. Sandison. 0 5 0
And. Jamieson, Maywick 0 5 0
Sheriff Rampini. 0 5 0
5 5 0
III.—Interests
1885.
April 2—Interest on current account with Union Bank £0 2 4
May 15—Interest on G. R. Linklater's bond 7 12 11
May 18—Interest on Harbour Trustees' bond 109 4 4
June 2—Interest on Town Hall Co.'s bond.. 38 18 5
June 15—Interest on P.O. Savings Bank acct. 3 17 9
Oct. 14—Interest on D. R. with Union Bank, £184 13s 8d uplifted 7 6 7
Nov. 11—Interest on G. R. Linklater s bond.. 7 12 3
Nov. 16—Interest on Harbour Trustees' bond 108 15 0
Nov. 25—Interest on Town Hall Co.'s bond 38 13 4
322 2 11
Carry Forward £8527 11 page 7
Brought Forward £8527 11
IV.—Contingent Fund
1885.
June 1—Deposit Receipt uplifted £450 0 0
June 1—Interest on same 6 13 0
V.—Miscellaneous
1884.
Dec. 7—Town Hall Co., Income Tax repaid £0 7 6
1885.
Jan. 10—Free Church, Lerwick, for 1884 1 0 0
Feb. 23—Income Tax repaid by Inland Revenue 9 9 7
10 17 1
VI.—-Capital Realized
1885.
Oct. 14—Dep. Receipt uplifted from Bank £184 13 8
Dec. 7—Drawn from Account during year 103 9 5
£288 3 1
Sum of Charge £8545 1

Discharge.

I.—Allowances
1884.
Dec. 31—Allowances to date £20 11 9
1885
April 1—Allowances to date 23 1 0
July 1—Allowances to date 23 1 0
Oct. 1—Allowances to date 23 5 8
Nov. 7—Expenses of two boys, Sandison, from Cunningsburgh to Edinburgh Orphan Hospital. 3 1 6
£97 5 8
II.—Management
1885.
Jan. 19—C. Prentice, C.A., auditing. £2 3 11
May 26—National Guarantee Association 1 5 6
June 8—-Treasurer's Salary, half-year 7 10 0
Aug. 12—C. & A. Sandison, printing 1 1 3
Dec. 1—Treasurer's Salary, half-year. 7 10 0
Postages, &c., for year. 0 17
£20 7 10½
III.—Investments
1.—Lodged in P.O. Savings Bank during year £643 17 9
2.—Lodged in P.O. in Union Bank do. 332 11 10
£976 9 7
Carry forward £117 13 page 8
Brought forward £117 13
IV.—Funds at Close of this Account
1. On Loan to Lerwick Harbour Trustees £5000 0 0
2. On Loan Town Hall Coy., (Limited) 2000 0 0
3. On Loan G. R. Linklater, Lerwick 350 0 0
4. In Post Office Savings Bank—
Contingent Fund £500 0 0
Ordinary 304 19 2
804 19 2
5. In Union Bank 274 2 8
£8429 1 10
Less Balance due to Treasurer 1 13 9
£8427 8 1
Sum of Discharge £8545 1 7
E. &.O. E.

Alex. Mitchell

, Treasurer.

Edinburgh, 24th December, 1885.—I have examined the foregoing Account, and find it to be correctly stated and properly vouched. I have also examined the various securities and other documents instructing the Funds, and find them in order.

Cha. Prentice, C.A.

, Public Auditor under the Friendly Societies' Act.

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