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MUSIC HALL ASSOCIATION.Notwithstanding n Deoreaie in Rentals an Excellent Showing la Made*The annual meeting of the Trustees of the Music Hall Association, the Trustees of the Springer Investment Fund and the stockholders of the Muslo Hall and Exposition Buildings was held jointly at the rooms of the Board of Trade yesterday.A great deal of curiosity had been expressed with reference to the financial status of the several institutions, owing to the fact that during the past year there had been a decided decrease in the rentals of the buildings, attributable to the absence of an Exposition and the annual Festivals that have usually been held. *Mr. Stewart Bhlllito, in the absence of President Robert Mitchell, had charge of the meeting, with Julius F. Blackburn iu the Secretary’s chair.The Secretary’s report showed the following receipts and disbursements during the year:Receipts—Balance from May I, 1887, $1,637 86; from rentals of main hall, $2,096 67; south wing, $52b; north wing, $175; Dexter- Hall, $435; organ, $50; gas consumed by tenants, $500 16; dividends on stock, $5,250; interest on bonds, $1,168: interest ou call loans, $95 82; refunders of loans $2,500; of extra Insurance from Centennial Commissioners, $3,520: sundry othersources, $9 05. Total. $17,968 66.Disbursements—Salaries of employes, $3,594 86: organ (care of), $350 99; insurance, including extra insurance account of Centennial Commissioners, $5,81? 45; gas, water, fuel and stationery. $2,172 03; repairs and additions to building, $1,577 30; sundry miscellaneous expenses, $372 64: total, $13,836 27;balance cash on hand, $4,583 29—$17,968 66.Assets— Cash on band May 1, 1888. $4,583 29; 16 Cincinnati 7 3-10 bonds, par, $16,000 ; 750 shares P., Fu W. C. preferred stocx, par, $76,000; total, $95,583 29.The Springer’’ fund shows that there are assets to its credit to the extent of $89,796 10 in the shape of cash and preferred stock, the present actual value of which is considerably over $130,000.Mr. T. D. Lincoln was elected to succeed himself as one of the trustees, and the executive officers who have so admirably handled the financial aud executive branches of the association during the past year were unanimously reelected.
Newspaper Details
Cincinnati Commercial Gazette
Cincinnati, Ohio, US
Tue, May 08, 1888
Page 8
Full Page
Clipped by
Joanne G.
NA, 12 Feb 2025
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