Page:Charter and By-Laws of the German Society of the City of New-York (1808).djvu/6

 ever, soon experienced, which induced the society to apply for a charter, and which was granted by the legislature, in the session of the year 1804.

At present the funds of the society are chiefly invested in Bank stock, and the quarterly contributions having been relinquished, the annual donations are nearly kept within the limits of the devidends. Any considerable increase of members would put it in the power of the society still to augment their capital stock, the enhanced revenues of which would enable them to carry more fully into effect, the benevolent design of their institution.