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REPORT.

To His Excellency Wm. B. BATE, Governor of the State of Tennessee:

SIR: The commissioners of the Watkins Institute, located in the city of Nashville, beg leave to make the following report of their action under the will of the late Samuel Watkins and the law of the State accepting the trust for the State and appointing the undersigned to administer the trust under the said will and statute :

The commissioners took possession of the lot situated on Church street, in the city of Nashville, about October 1, 1881, after the death of Mr. Watkins, and as soon as practicable thereafter, sold the old house and such other buildings as were on the same, the proceeds of which will be found in the financial statement hereto attached. We advertised, with specifications of the size and character of the buildings desired, in the American Architect and Building News, Boston, and other papers, inviting architects to present plans and estimates for the buildings indicated, offering premiums as follows: for the plan adopted, or best plan, $300; for second best, $150, and for third best, $75. There were six plans presented, and upon full consideration of all the plans, the one presented by Bruce & Morgan, of Atlanta, Ga., was accepted.

Specifications for the execution of said plan in detail were drawn up and printed in pamphlet form, and published in sundry papers, inviting proposals for the various work contemplated and necessary to be done in the construction of the building. At the time indicated in the advertisement for the coming in of bids, we had before us propositions for all the work indicated, and proceeded at once to adopt such bids as we thought most advantageous, all of which are on file with the papers and records of said Institute.

After the contracts were let, work of construction was commenced, and has been pushed as rapidly as well could be done. Messrs. Bruce & Morgan were appointed architects, with a contract fixing their compensation. All the contracts are subject to the inspection of your Excellency, or such committee as the Legislature may appoint.

The house on Church street consists of four stores with basements; the stores being 100 feet deep by about 23 feet wide. The upper stories are cut up into rooms suitable for families or offices, and are all occupied at a reasonable rental. There are but two of the stores rented. The rental received for all will be seen by reference to the financial statement. The library is a building in rear of the stores, 112 feet deep by 75 feet wide. The first story is the library proper ; the second the main public hall, which is approached from Church street through a corridor and over a bridge that connects the library building and public hall and stores together. The library and public hall also have an approach from High street.

It will also be seen by reference to the financial statement what money has been received from every source, and what interest has been received on the funds while remaining idle in our hands. It will also be seen what amount has been expended and for what purpose, and the amount yet due on original contracts, and the means with which we have to pay the same. It will be seen that while the building in a general sense is nearly completed, yet there is much to do to prepare it for the uses contemplated, such as heating, seating and book stands or cases, and ornamentations in the library and other departments, and to complete the same we will have to rely upon the rents, which we think in a reasonable time will be sufficient. We trust we have used the means at our disposal for the best, in the erection of a building creditable to the donor and the State, and that it will prove a blessing to the whole community.

It is proper that we should add that as soon as the building is complete we will endeavor to inaugurate such means and appliances for the education and improvement of the people as were contemplated by the donor in making provision for their benefit. While it is true that we will have to rely on the rents of the building in its various departments for the means of finishing, furnishing and ornamenting the same, we have reasonable hopes that some lovers of our race, whom the Lord has blessed and prospered, will find it in their hearts to make donations that will enable us to enlarge and improve the capacity of the Institute for good. We have reason to hope before we shall be called on to make another report to your Excellency, in 1887, that the Institute, though weak and unorganized now, will be fully equipped, and will be dispensing blessings to all the people of the State. We have a few books, say a few hundred volumes that have been given to us by the executors of our fellow-citizen, Francis B. Fogg, and the heirs of W. B. Tabor. We also are glad to acknowledge the kindness done us and the public by the Hon. Howell E. Jackson, in the donation of a large number of public documents, amongst which is the census of 1880, which we regard as a valuable acquisition to the Institute.

We expect as soon as practicable to inaugurate lectures suitable for the instruction and improvement of the mechanical and other arts and trades, such as Mr. Watkins, in his munificence, intended to encourage. We do not feel authorized to promise much under the circumstances, yet all great enterprises had a beginning, and though the Institute is now poor and small, it may, and we trust will, by the help of philanthropic and patriotic men, in the near future, grow into such proportions that it will not only be felt in this city and State, but in other States and cities of the Union.

We would be pleased that your honorable body would appoint a committee to examine this statement and report thereon, if for nothing else that an official relation may exist between the commissioners and the State through the Legislature and yourself.

FINANCIAL STATEMENT OF WATKINS INSTITUTE.

RECEIPTS. 1881. June 28. Cash received of Issac Litton, executor.......

$50,000 00 Aug. 13. Cash received of Isaac Litton, executor.......

35,000 00 Dec. 23. Cash received of Isaac Litton, executor.......

6,554 00 1882. July 11. Cash received of Isaac Litton, executor..........

246 00 July 11. Two Kelley notes received of

Isaac Litton, executor........ 8,200 00—$100,000 00 1881. Oct. 1. Cash, sale of house and stone on lot.......

690 00 1884. July 3. Cash, interest on fund while in

hands of commissioners...... 6,508 93 1885. Jan'y 1. Cash, rents to date....... 3,033 59 Jan'y 1. Cash, interest in full on Kelly notes......

1,491 86— 11,724 38

$111,724 38

DISBURSEMENTS.

Advertising

$ 84 85 Books, stationery, etc.......

69 00 Architects, Bruce & Morgan...

2,745 00 Brick work, W. G. Bush & Co.. 20,375 35 Pavements, Haslam Bros......

1,393 60 Cut stone work, P. Swan.

14,536 00 Galvanized iron and tin, Webb, Stevenson & Co.........

7,531 65 The Wight Fire-proofing Company.......

2,416 87 Asphalt pavements and floors, W. W. Woodmansee & Co.........

600 00 Carpenter and joinery works, Simmons & Phillips....

13,832 50

Iron pillar and door, Stewart & Buckner 74 00
The Merz Architectural Iron-works Co... 13,663 85
Insurance.........

1,445 00
Excavation and rubble masonry, Williams
& Jones....

13,309 32 Plumbing and gas-fitting, J. L. Park..... 1,725 75 Painting and glazing, W. B. Wallwork... 4,505 00 Plastering, Wm. Corbitt & Son..... 4,131 50 Expense, janitor's salary, commission, etc. 1,615 65 Prizes for plans......

500 00 Cash in Fourth National Bank, Jan. 1, 1885.......

7,169 49–$111,724 38

AMOUNT DUE CONTRACTORS WHEN WORK IS COMPLETED.

Carpenter and joinery works, Simmons & Phillips......

..$ 6,685 00 Plumbing and gas-fitting, J. L. Park..... 309 00 Painting and glazing, W. B. Wallwork.. 620 00 Plastering, Wm. Corbitt & Son.......... 395 00-$ 8,009 00

This is a short, but we trust an intelligent, showing of the Institute and its affairs to January 1, 1885.

Very respectfully,

JAMES WHITWORTH, Pres't.
JOHN M. LEA,
W. F. COOPER,

Commissioners.

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