Carried forward,........ Glenham,.. By cash received of the following clergymen, their subscriptions to the Widows' Fund, viz. : Rev. Samuel B. Ayers,. 5 00 By cash received of the following persons, the interest on their sub scriptions to the Permanent Fund, due 1st May, 1850, viz. :— Ransford Wells,.. 20 00 20 00 20 00 20 00 20 00 ..... ..... 20 00 "Isaac Ferris, D.D. 20.00 20 00 20 00 700 00 David W. Wetmore,.. 30 00 Abraham Van Nest, 300 00 John Oothout,. 30 00 Cornelius Duryea.. 15 00 Thomas C. Doremus,. 30 00 David L. Haight,... 30 00 Collegiate Dutch Church, New-York,. 800 00 Leffert Lefferts,... 56 25 Samuel Smith,... 12 00 Jaques Cortelyou,.. 30 00 Abraham Van Nest,. 300 00 Illinois, By cash received during the past year from the following Classes, for Minutes of General Synod, viz. :— Philadelphia,. New-York,. 82 62 15 25 9 75 Albany,..... South Classis New-York,. Orange,.. Cayuga,. Watervliet,.. Ulster,.... 78 37 5 00 42 00 45 00 5 00 24 50 Paramus,.. 23 00 Hudson, 6 50 Long Island,.... 31 00 New-Brunswick, Michigan,.... 22 50 18 12 3 CO 482 '11 The subscribers, appointed a Committee to examine the Treasurer's Accounts, have examined the same with the ouchers exhibited by him, and find them correct, leaving a balance due to General Synod of seven thousand nine andred and eighty-two dollars_and_forty-five cents ABM. VAN NEST, come t ANNUAL DIGEST. 1851. The Board of Direction submit to General Synod their Annual Digest, as follows: FUNDS DEVOTED TO EDUCATION. THE VAN BENSCHOTEN FUND. This Fund, as reported by Peter Spader, Treasurer of Rutgers College, Balance in his hands, on the 1st April, 1851,. There has been paid to indigent students, out of the interest of this Fund, during the past year,... LEGACY OF MISS REBECCA KNOX. The amount of this Fund, which is loaned on Bond secured by Mort- Balance due Peter Spader, Treasurer, &c., 1st April, 1851, Fund, during the past year,.. Amount of moneys invested by the Board of Direction for educational purposes, on Bonds secured by Mortgages,.. Balance of principal in the hands of the Treasurer of General Synod, 31st May, 1851,.... Balance of interest in his hands, on that day,. WIDOWS' FUND. Amount of moneys invested by the Board of Direction, on Bonds secured by Mortgages, for the Widows' Fund,.... Balance of principal in the hands of the Treasurer of General Synod,.. There has been paid to annuitants, out of the income of this Fund, during the past year, arising from interest on the Fund and payments by subscribers thereto,.. Under this head are included all the moneys which have been collected and invested on the subscriptions for the Professorships, as well as PERMANENT PROFESSORAl fund. (141) $20,300 00 1,345 42 1,501 00 950 00 $2,000 00 120 00 17 89 120 00 $33,135 00 145 30 672 63 $11,750 00 331 80 927 50 the moneys formerly in the hands of the Trustees of Rutgers College, viz.: Loaned by the Board of Direction, secured by Bonds and Mortgages of Real Estate, (except three Bonds of the Collegiate Dutch Church, New-York, which are not accompanied by Mortgages,). Balance of the Professoral Fund formerly in the hands of the Trustees of Rutgers College, as per account of Peter Spader, Agent, &c., on the 1st May, 1851, which is loaned on Bond secured by Mortgage on property in the State of New-Jersey,..... Twenty-three shares of Bergen Turnpike Stock, ten of which belong to Rutgers College,.. Rev. John F. Schermerhorn's note,. Balance in Bank to the credit of General Synod,. $68,065 00 2,000 00 575 00 510 00 7,982 45 Amount of unpaid subscriptions to the Permanent Fund of General Synod,... ..$18,700 00 5,250 00 $13,450 00 Deduct this amount, which the Board believe cannot be collected, Leaving subscriptions supposed to be good,...... BOARD OF DOMESTIC MISSIONS. There has been invested for this Board, on Bond secured by Mortgage, $250 00 MINUTES OF GENERAL SYNOD. There has been received for Minutes of General Synod, during the past year, And there has been paid for printing Minutes, paper, &c........... $432 11 212 00 The Committee on Nominations having reported, Synod proceeded to the election of the Board of Direction of the Corporation. On counting the ballots it appeared that the following were chosen: Mr. Abraham Van Nest, President; Rev. John Knox, D.D., and Messrs. William B. Crosby and Theodore Frelinghuysen, Directors; and Mr. Isaac Young, Treasurer. ARTICLE V. CORRESPONDENCE. 143 The Rev. John F. Mesick, of the German Reformed Church, appeared in Synod, and having produced testimonials of his appointment, took his seat as a corresponding delegate from the Synod of the German Reformed Church. On taking his seat the delegate laid on the table of Synod twelve copies of the Minutes of the last session of the German Reformed Synod. The Rev. Allan D. Campbell, D.D., of the Presbyterian Church, appeared in Synod, and having produced testimonials of his appointment, took his seat as a corresponding delegate from the General Assembly of the Presbyterian Church in the United States. The delegate from the General Assembly presented the following certified abstract from the Minutes of the Assembly at their late session, containing their action in relation to the transferring of churches from one denomination to the other, (see p. 39,) which was referred to the Committee on Correspondence: "Dr. Stockton, from the Committee on the Minutes of the General Synod of the Reformed Dutch Church, presented the following resolution, which was adopted, viz. : "Resolved, That in the judgment of the Assembly great prudence and courtesy should be manifested by the Presbyteries in the reception of churches from the Classes of the Reformed Dutch Church; and that wherever it is practicable the consent of all parties concerned should be at least sought, and if possible secured; but that the adoption of an absolute rule, such as is proposed by the General Synod of the Reformed Dutch Church, would probably be productive of hardships to churches, and inconvenience to both denominations; and therefore, for the present at least, the Assembly very respectfully and fraternally beg leave to decline its concurrence in the adoption of said rule." The above is an accurate transcript from the Minutes of the General Assembly, Wednesday morning, May 21, 1851. ALEX. T. M'GILL, Permanent Clerk Gen. Assembly, &c. A communication was received from the Presbytery of Peoria, which was referred to the Committee on Correspondence. The Committee on Correspondence reported, and their report was accepted, adopted, and is as follows: The Committee on Correspondence beg leave to report, that there have been put into our hands but two papers; the one a resolution of the General Assembly, respectfully and fraternally begging leave to decline its concurrence in the adoption of an absolute rule respecting the transfer of churches from one body to the other. The second, a |