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44
Property Account.
On page No. 66 of my last year's Report will be found an Account
showing the amount due to this Vestry from the Trustees of the Estate
of the late Fulham District Board of Works. During the past twelve
months the amount has been received, viz., The Trustees have
paid £774 15s., and the Vestry of the Parish of Hammersmith the sum
of £7,241 8s. Id.; this includes the sum of £203 3s. for interest. Out
of these amounts several freehold properties have been purchased.
Vestry Hall Fund.
During the year 1887-8 the interest on the £994 4s. 2d., 3 per
cent. Annuities, mentioned in last year's Report, has been invested
in the purchase of additional stock amounting to £28 4s. 11d.,
increasing the total amount of stock held by the Trustees (the
Vicar of Fulham and Messrs. Lammin and King) to £1,022 9s. Id.,
as per the Balance Sheet.
Improvement Account.
At my suggestion the Vestry decided to open an Improvement
Account, to the credit of which is carried all sums received for permission
to close or divert roads, paths, &c., and such sums as are allowed for
under the heading of Improvements in the annual estimates. Out of
this Fund all small items for improvements are to be paid, instead of
being placed on a Loan Schedule and made a charge on future rates.
Loan Schedule Items.
On page No. 61 will be found a long list of small payments for new
crossings, paving works, purchase of frontages, &c., amounting to
£1,598 5s. 4d.; these, together with many other works ordered by
the Vestry but not yet carried out, will form the first Loan Schedule for
sundry improvements. The Loan, when obtained, will recoup the
Vestry's general rate the amounts borrowed from it.
Hammersmith Road.
During 1887-8 the Metropolitan Board of Works made an order
directing that " That portion of the Hammersmith Road situated in the
Fulham Parish should be placed under the control of the Hammersmith
Vestry for maintaining, lighting, sewering, &c., and that the Fulham
Vestry shall pay the sum of £525 5s. 6d. per annum for such maintenance.
' Accordingly the Hammersmith Vestry in June, 1887, sent in
an account for £587 18s. 11d., being a charge at the above-mentioned
rate for one year and forty-two days. The Finance Committee not
feeling satisfied with the account as rendered, instructed me to examine
and report on it. On September 30th, 1887, I presented to them the
following Report:-