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TO THE 
 
 MEMBERS OF THE VESTRY AND THE CONGREGATION 
 
 OP 
 
 ®i)e Catl)ebtal €l)urcl) of 0t. Iamcd» 
 
 TORONTO. I 
 
 The Building Committee appointed by the Vestry to superintend the erection of the 
 Cathedrai Church of St. James, conceiving that it would be satisfactory to the congregation to be 
 put in possession of the exact position of the Committee, both with reference to the proposed 
 progress of the work during the ensuing season, and their financial position in regard to the 
 contract, beg leave to Report: 
 
 That the works have hitherto proceeded in a very satisfactory manner, — the foundations 
 being of a most substantial character, and the progress generally being such as to justify the 
 payment of £2250 to the contractors. !' 
 
 That it is the intention of the Committee to authorize such further progress of the works, 
 during the ensuing season |(1851), as will ensure the complete roofipg of the structure by the 20th 
 November next, and the full completion of the Church for Service by the 1st August 1852, the 
 dates respectively named in the contract. 
 
 That with this view, the Committee has called upon the Architect to furnish an estimate of 
 the monthly expenditure during the seasons 1851-2, necessp-;' to the completion of the edifice; by 
 which it appears, that, to meet Certificates numbered 1 to II, to be granted in 1851, — Architect's 
 commission, and contingencies connected therewith, — the sum of £7292 10s. (inclusive of £2250 
 above named) will be required for roofing in the Church ; and for Certificates 12 to 19, to be 
 granted in 1652, the further sum of £2587 Is. (inclusive also of commission and contingent 
 expenses) will be necessary to the completion of the Church for Service. v ... > y 
 
 With this information before it, the Committee proceeded to consider the measures necessary 
 to the provision of the requisite funds, and best calculated to meet the convenience and concurrence 
 of the congregation. 
 
 The following is a Statement of the anticipated Liabilities and Resources of the Committee, 
 based in its belief upon just and reasonable data, and such as there is every reason to conclude will 
 be justified by the future; 
 
 Db. £. 
 
 Certificates 1 to 11 (1850-51) 6850 
 
 " 12tol9(1852) 2321 
 
 Drawback of 20 per cent, on contract* ... 2292 
 
 8. D 
 
 
 
 
 
 
 
 Arehitect's commigsion , 573 3 
 
 CoMiagencies 250 
 
 \i -t 
 
 £12286 3 
 
 Cb. £ 8. o. 
 
 By Cash in hand £4267 
 
 The Lord Bishop's Fund 1244 8 11 
 
 Debts collew~d.r.. 154 12 3 
 
 J. Joseph, Etiq. — Donation and Interest ... 27 8 7 
 
 Profit on Insurance 6 10 9 
 
 Anticipated Donations 2250 
 
 One-third upset price of Penti 2270 
 
 Value of Land to be taken by Contractors 271 
 
 Debts to be collected , 200 
 
 SaleofPews 1730 
 
 * Eighty per cent, only being p«id by initalmcnti during progress. 
 
 £12421 6 
 
By this calculation, it would appear tliat the Church may be completed for Service without 
 involving the Congregation in debt; but it is necessary to provide, not alone for the ultimate 
 payment of the Contractors, but for the regular supply of funds at those periods during progress 
 when the Contractors may claim instalments for works performed. 
 
 The Committee has therefore considered what amounts may be collected to meet the monthly 
 certificates, during the seasons of 1851-52 respectively; and to thia end, they are of opinion, that 
 the payments by the Congregation and Subscribers generally should be made in the following 
 manner : .» 
 
 '•^ 
 
 i 
 
 Db. 
 
 8. p. 
 
 Estimated outlay by contract — Certiflcatea 
 
 1 to 11, a* before mentioned 6800 
 
 Architect's commisaion ..4 342 10 
 
 Contingencies 100 
 
 Cb. 
 
 a. D. 
 
 By Cash in hand 4267 
 
 The Lord BishepV Fqnd ^ 1244 8 11 
 
 Debts collected 154 12 3 
 
 J. Joseph, Esq. — Donation and Interest... 27 8 7 
 
 Profit on Insurance 6 10 9 
 
 I St and 2nd Instalments of Donations 1125 
 
 1 St Instalment of one-tbinl of Pews 756 13 4 
 
 £7292 10 
 
 £7581 13 10 
 
 Leaving a balance in hand of £289 3s. lOd. to be carried to the credit of the ensuing season of 1852. 
 
 
 Db. £ 8. d. 
 
 Estimated outlay by contract — Certificates 
 
 12 to 19 2321 
 
 Architect's commission 116 1 
 
 Contingencies 150 
 
 £2587 1 
 
 Cb. 
 
 8. D. 
 
 By Balance in hand 289 3 10 
 
 3rd and 4th Instalments of Donations 1125 
 
 2nd and 3rd Instalments of one-third of 
 
 Pews X 1513 6 8 
 
 Land 271 
 
 Debts to be collected 200 
 
 • 
 
 £3398 10 6 
 
 Leaving a balance of £81 1 98. 6d. in hand, when the Church shall have been opened for Service, 
 and when those pews remaining the property of the Church may h.e sold for the sum of £1730, 
 making a total of £2541 98. 6d. for the payment of the drawback of 20 per cent, upon the contract 
 sum, amounting to £2292, and £114 12s., Architect's commission; therefore, leaving an excess 
 of £134 17s. 6d. in hand, after the same shall have been paid. 
 
 The Committee is gratified4n-being able to make a statement so satisfactory, as shewing that 
 the Church may be restored free from debt, at an outlay which, being called in at tlie periods 
 hereinafter set forth, will, it is hoped, press as lightly upon the congregation as under the circum- 
 stances could reasonably be anticipated. 
 
 The Committee confidently relies on the ready concurrence and hearty cooperation of the 
 Congregation in realizing the programme now submitted, — a result, of course, entirely dependent 
 upon the punctual payment of the sums for which the Committee will become liable during the 
 progress of the works, — a liability which the Committee has, in the contract, reserved to itself the 
 power to check, by suspension of the works, in the event of the failure of their estimated resources. 
 
I 
 
 ■i 
 
 The Committee proposes accordingly to regulate the payments by the Congregation and 
 Subscribers, in the following manner : 
 
 ONE-THIRD OF THE PEWS, PAYA3LB IN THREE INSTALMENTS. 
 
 Ist payment, at 6 months, from 1st May, due 4th November, 1851. 
 2nd « 12 « " 4ih May, 1852. 
 
 3rd 
 
 (( 
 
 18 
 
 (C 
 
 « 
 
 4th November, 1852. 
 
 rjONATIONS, PAYABLE IN FOUR INSTALMENTS. 
 
 1st payment, at 6 months, from 18th November, 1850, due 21st May, 1851. 
 
 2nd «« 12 " « «« 21st November, 1851. 
 
 3rd « 18 " «« «♦ 21st May, 1852. 
 
 4th ♦♦ 24 «« « «* 21st November, 1852. 
 
 To these measures, the Committee invites the sanction and concurrence of the Congregation, 
 well assured that by an united effort of the nature indicated, the difficulties which have hitherto so 
 seriously alarmed them may be overcome, and the good work in hand be brought to a successful 
 and satisfactory completion. ] 
 
 The Committee, therefore, to make the disbursements submitted in this Report, will take 
 the earliest opportunity of waiting upon the men>bers of the congregation, to make the necessary 
 arrangements for the payment of donations, and the instalments on a third of pews, etc., to enable 
 them to carry on this imporUint work, as far as it has, at all events, been contemplated. 
 
 H. J. GRASETT, Rector and Chairman. 
 
 h3 
 
 ',.•'■ 
 
 Toronto, February 10, 1851. 
 
 T. D. HARRIS, \ 
 LEWIS MOFF ATT, i 
 JAMES BROWNE. 
 ALEXANDER DIXON. 
 JOSIIPH D. RIDOUT. ' 
 WILLIAM WAKEFIELD. 
 
 Churchwardens.