The Register has noted under Sale and Removal
, Forward Movement
, and Moving Forward
(two years since), something of the home conditions of the Historical Society.
With this page at disposal is timely reference to a few facts.
The Society conserved its original investment in the old home (given therefor) by the purchase of its present site, the balance remaining going to the new structure.
to current report, the City of Medford did not give this land
. It was bought and paid for
. Only fifty-six people, all but eight of whom are in the membership list, have contributed to the building fund. One of the eight, unknown by name, a nonresident, was the first to contribute.
So the fact remains, that outside the Society
's membership but seven
of old historic Medford
's people have substantially aided the effort, and that to the amount of less than one hundred dollars. Economic administration of the Society
's affairs made the occupancy of the new home needful ere completion.
Much has since been done, yet it is still incomplete.
Two thousand dollars are needed to finish, of which three-fourths is required to pay the outstanding bills long overdue to indulgent creditors, and deferred by war conditions.
It is now proposed to raise this sum in four hundred shares of five dollars each, to be entirely paid in by April 1, 1919.
This will leave the Society free of debt.
There has never been any construction (which means destruction
) loan, and the work has been done at absolute cost, but held up by war conditions.
Despite these, the management of current expense has been economical, and the year will close with little or no deficit.
In the corner-stone(laid September 30, 1916) is a print of a prospective city hall.
Mailed to the President
, it bore this legend in script, ‘Building going up. Suppose you will beat this.’
With an expenditure to date of three thousand, three hundred dollars, with two thousand paid by April next, with a completed
home free from debt for our successors to pay, who will have won?
Will old historic Medford
assist by sending pledge for shares to our Treasurer?