7. Interest to continue till the principal is paid.
8. All principals paid in are to be invested or “put to use” by the trustees.
Amount of subscriptions
The total number of subscriptions listed up to date was 117; the total amount subscribed was £759; the individual subscriptions varied from £1 to £25.[424] The meeting also succeeded in getting such former donations, as Harker’s legacy, appropriated to this permanent fund.[425]
Special committee on schoolmasters
In 1796 Jeremiah Praul, Joseph Yerkes, and Benjamin Kite were appointed to have the care of receiving all applications from prospective masters, and in case of vacancies to seek and have ready a list of available and well-qualified members.[426]
Wrightstown
Progress slow; reasons
One can hardly attempt to place a date for the beginning of the schools in Wrightstown Meeting. But by a report made late in the eighteenth century (1792) we gather a very good idea of the state of schools in that locality. The cause of the rather halting progress is perhaps found in the latter part of this committee’s report, which states that the best plan conceived is for each particular meeting to raise its own subscription for its own school,[427] which in part was right, but more direction on the part of the monthly meeting would doubtless have produced better results. The report of 1792 is here submitted.
Want of money to pay qualified teachers