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1850.

No. 6.

(No. 6.]

REPORT of the Detroit Savings Fund Institute.

DETROIT SAVINGS FUND INSTITUTE,
January 1, 1850.

To the Hon. the Legislature of the State of Michigan:

The undersigned respectfully report that this institution has on

deposit the sum of three thousand three hundred sixty-three and

76-100 dollars, which amount is invested as follows:

In note secured by mortgage on real estate,

In notes secured by pledge of Detroit city stock,
In notes secured by individual endorsement,

The balance being in cash on hand,

All of which is respectfully submitted.

E. FARNSWORTH,

H. N. WALKER,
SHUB'L CONANT,
Z. PITCHER,

$1,000 00

1,050 00

340 00

973 76

$3,363 76

Finance Committee of the

Board of Trustees.

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1850.

No. 7.

[No. 7.]

MEMORIAL relative to Michigan State Agricultural Society. To the Honorable the Senate and House of Representatives of the State of Michigan:

The undersigned, appointed by the Executive Committee of the Michigan State Agricultural Society, at their annual meeting, in December last, to memorialize your honorable body, would respectfully represent:

That the results of the society's operations for the past year, afford a highly flattering exhibit of the condition of this state institution, and render its prospects no longer doubtful or discouraging.

With the prestige of former failures in the establishing of a state society; with no encouragement beyond a small and conditional donation from the state treasury; with a comparatively meagre list of members, and little zeal or information on the part of citizens generally, the society has, notwithstanding, within about six months from its incorporation, increased its list of members to 1,198; held a fair which will, at least, compare favorably with those of other states some years after their organization; paid in premiums upwards of $800, besides an equally large amount in expenses, over and above the subscriptions from citizens of Detroit and returns of sales, and has a balance in its treasury of $1,250.

This state of things, joined to the belief that the society may now, with good reason, expect continued and increased aid from the legis lature, has induced the executive committee to appropriate the sum of $2,000 for awards at the next fair, and also to authorize the secretary to procure a diploma and a die for a silver medal, at an estimated cost of about $500. To provide against these increased appropriations, and other expenses, which the interests of the society and of agriculture in our state seemed to render greatly desirable, the society has only its unexpended balance of $1,250, with such sums as may be re

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