90th Annual Report for the Pennsylvania Academy of the Fine Arts

Item

Title

90th Annual Report for the Pennsylvania Academy of the Fine Arts

Identifier

1896-AR.pdf

Date

1896

Creator

Pennsylvania Academy of the Fine Arts

Subject

annual report
finance report
school report
exhibition
history

Publisher

The Pennsylvania Academy of the Fine Arts' Dorothy and Kenneth Woodcock Archives

Medium

paper

Format

PDF

Source

The Pennsylvania Academy of the Fine Arts' Dorothy and Kenneth Woodcock Archives

Language

eng

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extracted text

THE NINETIETH
',ANNUAL REPORT '

FEBRUARY 3,'1896
FEBRUARY

I,

1897

THE PENNS·YLVANIA
ACADEMY OF THE FINE
.' AR TS PHILADELPHIA

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THE PENNSYLVANIA
ACADEMY OF THE FINE ARTS
FOUNDED 1805

THE NINETIETH ANNUAL
REPORT, FEBRUARY 3,
. 1896, TO FEBRUARY I, 1897

PHILADELPHIA
MDCCCXCVII

MANAGEMENT OF THE PENNSYLVANIA
ACADEMY OF THE FINE ARTS.
\
PRESIDENT,
EDWARD H .. COATES.
VICE-PRESIDENT,
CLARENCE H. CLARK.
CLARENCE H. CLARK,
WILLIAM B. BEMENT,
E. BURGESS WARREN,
CHARLES HENRY HART,
JOHN H. PACKARD, M.D.,
HENRY WHELEN, JR.,

DIRECTORS,
. JOHN H. CONVERSE,
CHARLES HARE HUTCHINSONl.
ALEXANDER BIDDLE,
FRANCIS W. LEWIS, M.D.,
THEOPHILUS P. CHANDLER, JR.,
CHARLES C. HARRISON.

TREASURER,
HENRY WHELEN, JR.,
SECRETARY AND MANAGING DIRECTOR,
HARRISON S. MO~RIS.
SOLICITOR,
JOHN G. JOHNSON.

,

COMMITTEE ON PROPERTY,
JOHN H. CONVERSE, CHAIRMAN,
CHARLES HARE HUTCHINSON, THEOPHILUS P. CHANDLER, JR.
COMMITTEE ON FINANCE,
CLARENCE H. CLARK, CHAIRMAN,
A.LEXANDER BIDDLE,
HENRY WHELEN, JR.
COMMITTEE ON INSTRUCTION,
JOHN H. PACKARD, M.D., CHAIRMAN,
HENRY WHELEN, JR.,
CHARLES HARE HUTCHINSON,
.FRANCIS W. LEWIS, M.D.,
THEOPHILUS P. ' CHANDLER, JR.
COMMITTEE ON EXHIBITIONS,
FRANCIS W. LEWIS, M.D., CHAIRMAN,
E. BURGESS WARREN,
JOHN H. vPACKARD, M.D.,
CHARLES HENRY HART,
CHARLES C. HARRISON.
FACUL TY OF THE SCHOOLS,
WILLIAM M. CHASE,
WILL S. ROBINSON,
CECILIA BEAUX,
CHARLES GRAFLY,
THOMAS P. ANSHUTZ,
GEORGE McCLELLAN, M.D.,
HENRY THOURON,
HUGH H. BRECKENRIDGE .

THE NINETIETH ANNUAL REPOR T '
THE PENNSYLVANIA ACADEMY OF THE FINE ARTS
FROM FEB. 3, 1896, TO FEB.

I,

1897.

HEN an American institution devoted to
a high intellectual purpose completes
its ninetieth year, there would seem to
be occasion to mark the " event with
unusual emphasis. Holding its course through many
vicissitudes and civic changes, the Pennsylvania Academy
of the Fine Arts has now reached this venerable period,
and the President and Directors feel that in presenting
the "following Annual Report, they may fairly offer their
congratulations to the stockholdel~s, and to all who care
for art and its development.
The year now drawn to a close has shown an increase
of interest in the aims of this Academy among artists
and laymen alike.

The influence of the institution

beyond the limits of its own community has spread
widely and with gratifying results, and the leading
position accorded it has been strengthened by many
favorable circumstances. Among these may be men3

4

Ninetieth Annual Report

tioned most importantly the installation of the Gibson
collection, bequeathed by the late Henry C. Gibson, and
of several other notable works of art acquired during
the year; the artistic Sllccess of the Sixty-fifth Annual
Exhiqition and of the several special exhibitions following it, together with the high quality and value of
the current annual exhibition ; the advancement of the
schools under new and efficient instructors; the recognition given at home and abroad to students of the schools
who have entered upon an artistic career; and finally,
the undeviating support of the public press, local and
general, to which the Academy owes its earnest and
constant thanks.

Gibson
Collection.

On May I the works of art in painting and sculpture,
brought together by Henry C. Gibso n, late Vice-President of the Academy, and known as the Gibson Collection, were transferred to the Academy and installed in
galleries C and D. This splendid collection includes
one hundred pictures, chiefly of the French romantic
school, and five statues and busts in marble, as follows:
LIST OF THE HENRY C. GIBSON COLLECTION OF PAINTINGS
TITLE
I

2

4
5
6
7
8

Market Scene, Antwerp
Columbus in Prison
Seeking Sh elter
Portrait of Isaac Franks
Child Reposing
Coast Scene
The Bather

AND STATUARY
ARTIST

van Schendel
Gall a it
van Marcke
Stuart
Sully
Boudin
Rothermel

/

The Academy of the Fine Arts
TITLE

9 The Model
10 Morning Callers.-Not a t Home
II Woman of Capri
12 The Thirsty Traveller
13 Peasant Girl
14 Portrait of a Lady
15 The Bath
16 The Little Rogue
17 The Hunter's Story
18 Night
19 The Reverie
20 The Market-Woman
21 Help Yourself
22 Maternal Affection
23 Scene in Constantinople
24 The Last Hour
25 The Supplication
26 Interior, Copenhagen
27 Calling the Roll after the Pillage
28 The Ramblers
29 Landscape
3 0 A la Campagne
3 1 The Thorny Path
3 2 Cavalier waiting an Audience
33 Landscape
34 The Council House, Granada
35 Revelation
3 6 La Ferme de Barbison
37 Regina
3 8 Landscape
39 Lake Lucerne near Brunnen
4 0 The Summer Stroll
41 On the Lookout
42 Contemplation
43 Wild Flowers
44 Still Life
45 Crossing the Ford
4 6 Meditation
47 Bringing in the Night Rovers
4 8 Dead Calm, Coast of Holland

ARTIST

Maccari
Lambert
Max
Vautier
Michetti
Madrazo
Plassan
von Bremen
Seitz
Hamon
Tissot
Kaemmerer
Schmidt
Merle
Passini
Schenck
Casanova
Hansen
Vi bert
Diaz
Cazin
Stevens
Couture
Meissonier
Corot
Fortuny
Zamacois
Rousseau
Helmer
Daubigny
Calame
Boldini
Zamacois
Zamacois
Leclaire
Delanoy
Troyon
Bonnat
de Munkaczy
Clays .

5

6

Ninetieth Annual Report
TITLE

49
50
51
52
53
54
55
56
57
58

59
60
61
62
6)
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85

ARTIST

The Potato Harvest
Breton
The Guardian
Gerome
The Departure of the Rouen Diligence
Isabey
Landscape
Michel
A Cavalier
Roybet
The Birth of Venus
Cabanel
Old Master
M.onk'sHead
La Lande
Dupre
Fontainebleau
Diaz
Charge of the Ninth Regiment of Cuirassiers,
Vill age of Mors-Bronn, day of the 'Battle of
Detaille
Reichshoffen, 6th · August, 1870
The Halt
Schreyer
Marine
Dupre
Coast Scene
Achenbach
Roman Youth
Couture
Nymph
Henner
The Halt in the Desert
Fromentin
The Coming Storm
Diaz
A Surprise in the Environs of Metz, August,
18 7 0 . Salon 1875
De Neuville
Highlan'd Sheep
Rosa Bonheur
La Fee aux joujoux
Diaz
The Return of the Flock
Millet
The Great Oak of Omans
Courbet
Toilet of Venus
Diaz
View on the Seine
Daubigny
Landscape and Cattle
Auguste Bonheur
Grapes
Giordano
Borders of Poland
Chelmonski
Flowers
Saint j ean
l
Landscape and Sheep
j acq ue
The Masque
Chierici
Interior of a Studio
Rossi
The Finish
Goubie
Moorish Dancing Girl
Zo
Venice "
Rico
The Message
Leys
The Herd
van Marcke
Interior of Doge's Palace
Hansen

The Academy of the Fine Arts
TITLE

~6

88
89
90
91
92
9)
94
95
96
97
98
99
100

7

ARTIST

Objects of Virtu
Desgoffe
Charity
von Kaulbach
Ziem
Sweet W a ters, Constantinople
Wine
Schmidt
The State House on the day of the Battle of
Germantown
Rothermel
Roffiaen
Mount Rosa
Giuli ano
The Day Dream er
de Cock
Landscape
Gautier
Nuns
Barducci
Giant's Stairway
Uhle
Portrait of Mr. Henry C. Gibson .
Induno
The Dancing Lesson
Fantin-Latour
Vase of Flowers
Rothermel
Desdemona
SCULPTURE

101
102
(0)

104
105

Bust of Eleanor
Statue of Hero
Marble Group, The First Prayer
Marble Group , The Expulsion
Statue of Susannah

Roberts
Rinehart
Bailly
Bailly
Lombardi

On the afternoon of May 31st a reception was given by
the President arid Directors of the Academy to signalize
the public openirig of the Gibson collection, and to mark
their sense of the importance of this event in the career
of the institution.
~S;ince
that. date the daughters of Mr.
.
(
l.
Henry C. Gibson: M rs: Robert C. H. Brock and Miss

Mary K. Gibson, lIa"ve generously .furnished the galleri~s
containing the collection in a manner worthy of its great
value and beauty. Accompanying his noble bequest of
works of art, Mr. Gibson willed to the Academy the
sum of five thousand dollars, the interest of which is
applied to keeping the collection in good order and

8

Ninetieth Annual Report

repair; and to supplement this, the Academy has received under the will of Mrs. Henry C. Gibson, an additional sum of five thousand dollars for the same purpose,
making in all an endowment of ten thousand dollars
to be devoted to the uses of the Gibson collection.

Art Property.

The permanent collections have received durin g the
year, the following valuable additions:

A Breton Peasant Boy, oil painting, by P. A. DagnanBouveret. Presented through the liberality of . E.
Burgess Warren, the Misses Blanchard, William L.
Elkins, .P. A. B. Widener, Clarence H. Clark,
Charles C. H arrison, George W. Elkins, George D.
Widener, John T. Morris, John H. Converse, Edward T. Stotesb ury, and Edward H. Coates.
D ecorative Panel 1~eprese1Ztil'lg Louis XIV, burnt
wood decoration, byJ. William Fosdick. Purchased
from the Exhibition of Burnt Wood Decorations by
J. W. Fosdick, by the Academy as Trustee of the
Gilpin Fund.
Tlte Venus of Mzio, plaster cast, full size.

Presented

by Dr. Francis W. Lewis, for the new collection of
casts for the General Exhihition.

Scene in Corea, kakemono, paintin.g on silk, by Beisen
Kubota, of T o!<:io, Japan. Presented by the artist.
Portrait of David Paul Brown, painting in oil, by
Henry Inman, N.A. Presented by his daughter,
Miss Eva Brown, through the Rev. J, H. H. Brown.

The Academy of the Fine Arts

9

Cobmzbus Partaking the Sacrament before his Departure for Am.erica, painting in oil, by the late
Edwin ·White. Bequeathed by Harriet H. White,
wife of the artist.
Fox Hunt, engraving by Henry Wolf, after the '
painting by Winslow Homer, owned by the Academy.
Presented by the artist.
Portraits of Robert M Hooper and Lucy Ham.ilton
Hooper, paintings in oil, respectively by A. P. A.
Healy and Stephen Hills Parker.
Presented by
Robert M. Hooper.
Autograph Letter of Gilbert Stuart, dated 180 r, and
written to accompany the presentation to Isaac
Franks of Stuart's portrait of him now in the
Gibson collection. Presented by Charles Henry Hart.
Tlte Collection of Pictzwes belonging to Hen ry C.
Gibson, folio copy of monograph from Am.en·emz Art
R eview, by Charles H enry Hart, and Ilbmzinated
Palette of Gzlbert Stuart and Tlzom.as S ully in the
autograph of the latter.
Presented by Charles
Henry Hart.
The library has

rec eiv~d

th e following additions:

Works of Sir Joshua R eynolds, in two volumes, edited
by Edward Malone, one of his executors, London,
1797. Presented by Samuel Wagner.
Meissonier, His Life and His Art, by Vallery C. O.
Greard. Translated by Lady Mary Lloyd and Miss

10 \

Ninetieth Annual Report

Florence Simmonds.
Lewis.

Presented by Dr. Francis W .

Sixty-fifth
The Sixty-fifth Annual Exhibition was still in progress
Annual Ex- when the last Annual Report went to press. Its artistic
hibition.
success was pronounced, and this has drawn wide attention to the current exhibition, both from American artists
at home and abroad, and from the cultivated public of
the whole country. The award of the Elkins Prize of
$5,000 was a feature of the exhibition, and the sale of
twenty works of art at an aggregate of over $6,000
indicates a growing patronage for native pictures.
Other
On February loth the Pennsylvania Library AssociaExhibitions. tion placed in the Print Room a collection of artistic
bindings and rare books, and in connection with the exhibition, gave a reception to the m embers of the Asso ciation.
From March 13th to 21st the work in sculpture of
Samuel Murray was exhibited in gallery C, under the
auspices of the Fairmount Park Art Association.
From March 18th to April 20th gallery F was occupied by a collection of pictures by artists of the Glasgow
School. This exhibition 'was supplementary to the
smaller group of the work of the same school, shown in
the Sixty-fifth Annual Exhibition, which constituted the
first eiamples seen in this country of a national art
that, with the new movement in literature, has given
Scotland a leading place in contemporary cu lture.
During the same period there was shown in galleries
G and H and the adjoining corridor a collection of the

The Academy of the Fine Arts

11

Burnt Wood Decorations of J. William Fosdick, which
attracted much notice ·both from its artistic qualities and
its novelty: Tile largest work, entitled The Adoration

of

Joan of Arc, was shown as an altar piece in Gallery G.
A number of sales from this exhibit, notably that to the
Academy, of the D ecoration entitled Louis XlV., bear
witness to its success.
Beginning April 1st, and for one week, the Print
Room was occupied by a collection of Art Book Bindings and First Editions, with a few rare manuscripts from
Messrs. Charles Scribner's Sons, of New York. On the
evening of April 6th a reception was given in connection with this exhibition under the auspices of the
Academy, the Philobiblon Club, and the Pennsylvania
Library Club.
From April 2d to 30th the corridors and rotunda
were filled with a collection of posters belonging to Mr.
R. W. Vonnoh, Mr. Wilson Eyre, Jr., Mr. F. Maxfield
Parrish, Mr. Edward H. Johnson, Mr. William Martin
Johnson. anQ others. A feature of the display was a
group of works ·from the decorative artist, Will H.
Bradley.
On May 6th the competitive designs for the decoration of Common Council Chamber, in the City Hall,
Philadelphia, were displayed in galleries G, H, and I,
with the ~djoining corridor. The Jury of Award met
in the galleries and adjudged the prizes as follows: to
Joseph De Camp, first prize, $3,000; to C. Y. Turner,
second prize,$2,000; to Frank W. Benson, third prize,
$750. The Jury of Award was as follows: C. Howard

Ninetieth Annual Report

12

Walker, Chairman; Cecilia Beaux, Emily Sartain, Edward Simmons, Frank Duveneck, and John

J.

Boyle.

Sixty-sixth
The Sixty-sixth Annual Exliibition was opened on
Annual Ex- the evening of Saturday, December 19, 1896, with a
hibition.
reception , and the Academy is indebted to the following
ladies, who acted as hostesses on that occasion.
MRS. A LEXANDER J. CASS ATT,

M RS . A NNA LEA MERRITT,

MRS . .WILLIAM W. FRAZIER,

M RS . LEVERETT BR ADLEY,

MRS. J OHN

T.

MRS. HORACE J AYNE,

L EW IS, JR. ,

MRS. FREDERICK MASON,

MISS BEAUX,
MISS BIDDLE.

\

The exhibition has been pronounced by a high
arti-§tic authority to be the finest collection of con.

~

temporary American pictures yet brought together, and
this view has been supported by the press. The patronage accorded the exhibition thus far has been satisfactory, but a larger measure of local attention and active
interest should be given the Annual Exhibitions of the
Academy if the artistic standard now reached is to be
maintained for the future.

The catalogue contains 685

numbers, of which 357 are oil paintings, 292 water colors
and others, and 36 sculptures. The excellence of the
water color exhibit is due in part to the cooperation
of the New York Water Color Club, and the thanks of
the Acl demy are tendered for this valuable service in
the common cause of art.
The section of the display d~vo ted to Architecture
consists this year of the exhibition of the T-Square
Club, of Philadelphia, and is conducted by a special

The Academy of the Fine Arts

13

jury and hanging committee appointed by this organization. A separate illustrated catalogue of artistic design
has been issued, and widely circulated, which contains
490 numbers.

This exhibition is unusually rich in

drawings from abroad, and has met w,ith much commendati~n for its completeness in all respects.
The various sections of the Sixty-sixth Annual Exhibition occupy the entire norH( side of the galleries,
with the rotunda and corridors. The Juries of
and Hanging Committees are as follows:

Sel~ction

PAINTING.
ROBERT W. VONNOH,

HENRY W. RANGER,

JOHN LAMBERT, JR.,

WILLIAM A. COFFIN,

FRANK W. $HEAFER,

JOE EVANS,

DAVID WILSON JORDAN,

WINSLOW HOMER,

HUGH H. BRECKENRIDGE,

CHARLES H. HAYDEN,

GEORGE DE FOREST BRUSH,

CHARLES HERBERT WOODBURY.

HANGING COMMITTEE.
ROBERT W. VONNOH,

GEORGE DE FOREST BRUSH,

JOHN LAMBERT, JR.,

CHARLES H. HAYDEN,
HUGH H. BRECKENRIDGE.

SCULPTURE.
AUGUSTUS ST. GAUDENS,

J. MASSEY RHIND,

CHARLES GRAFL Y.

COMMIT.,TEE OF THE 4RCHITECTURAL EXHIBITION OF
THE T-SQPARE CLUB, OF PHILADELPHIA.
L.

W ALTER COPE,

WILLIAM

EDGAR V. SEELER,

JOHN M. CARRERE,

LOUIS

C.

HICKMAN,

PRICE,

ROBERT B. ANDREWS,

DAVID K. BOYD,

ALBERT KELSEY,
ADIN B . LACY.

14

Ninetieth Annual Report

The Gold Medals of the Temple Fund were awarded
Medals and
Prizes.
by the Jury of Painters to the following exhibitors:
George De Forest Brush, for his picture entitled

Mother and Child, No.

I .

John W. Alexander, ' for his group of eleven
pictures.
The Walter Lippincott Prize of $300 was awarded
by the Committee on Exhibition of the Academy to
Albert Herter, for his picture entitled Le Soil".
The Mary Smith Prize of

$IOO

was awarded by the

Committee on Exhibition of the Academy to Elizabeth
F. Bonsall, for her picture entitled Fiot Milk.

Honorable

mention was bestowed upon Margaretta Lippincott, for
her picture entitled Roses.

Attendance.

The attendance at the exhibitions, lectures, and other
features of interest during the year has been as follows:
The paid admissions were I9,666; the free admissions,
excludihg lectures, have re~ched 5 I,568. Making a total
of 7I,234. The attendance on lectures and other entertainments is estimated at I3,800, making an aggregate of

85,034·

The
Schools.

The schools of the Academy have reached during
the year the largest attendance in their history.

Of the

n:asons for this the controlling one is the excellent
system which has been developed under successive
instructors through which many advanced students
have been enabled to gain immediate recognition
in the fields of illustration, design, and pure art.

The Academy of the Fine Arts

IS

The engagement of Mr. William Merritt Chase as an
instructor has added ~ marked stimulus to the existing
earnestness- of the students, and through his enthusiasm
and interest in the schools further benefit is hoped for
in the future.
The faculty of the schools is now as follows:
WILLIAM M. CHASE,
THOMAS

P.

ANSHUTZ,

HENRY THOURON,
WILL

S.

ROBINSON,

CECILIA BEAUX,
CHARLES GRAFLY,
GEORGE MCCLELLAN, M.D.,
HUGH IH. BRECKENRIDGE.

Exhibitions of student's work were held in the
spring and fall. ' In the former were included the pictures
in competition for the Charles Toppan Prizes, the subjects being Adversit.y and Prosperity, Th~ prizes were
awarded as follows' by the Committee on Instruction.

First Priz e, $200, to Mary W. Bonsall.
Second Prize, $ 100, to Alice Turner Mumford,
The Travelling Scholarship, amounting to $800,
which ha~ been made available for the past six years
through the liberality of a member of the Board of the
Academy, was this year conferred upon Frank Walter
Taylor.
The Academy owes it grateful acknowledgments to
the ' City Councils of Philadelphia for the appropriation
of $5,000, covering the year just closed, in accordance
with the agreement entered into with the Board of
Education for fifteen Annual Scholarships, each year
for three years, making in all forty-five from the public
schools at the present time.

16

Ninetieth Annual Report

Catalogues,
Catalogues, reports, and pamphlets, completing the
Reports,
Academy's valuable files to date, have been received from
Etc.

I

the following persons and institutions, and thanks are
cordially returned for the same:
American Water Color Society, New York.
American Art Association, New York.
Art Institute, Chicago.
Architectural League, New York.
Baltimore Architectural Club.
Boston Art Club.
Chicago Architecural Club.
Chicago Society of Artists.
Cincinnati Museum Association.
Columbus Gallery of Fine Arts.
De Pauw University, Greencastle, Incl.
Detroit Museum of Art.
Drexel Institute, Philadelphia.
Gallery of the Corporation, of London, England.
Charles Henry Hart.
Journal des Artistes, Pads.
Charles M. Kurtz.
Maryland Institute, Baltimore.
Massachusetts Charitable Mechanics Association.
Metropolitan Museum of Art, New York
Modern Art, Boston.
Museum of Fine Arts, Boston.
National Academy of Design, New York.
Ontario Society of Artists, Toronto.
Peabody Institute, Baltimore.
Photographic Society, Philadelphia.

The Academy of, the Fine Arts

17

Province of Quebec, Association of Architects.
Pennsylvania Museum and School of Industrial Art.
Philadelphia City Institute.
Philadelphia Art Club.
Pratt Institute, Brooklyn.
Royal Canadian Academy of Art.
Rochester Athceneum and Mechanic Institute.
San Francisco Art Association.
School of Design for Women, Philadelphia.
Society of vVestern Artists.
Society of American Artists, N ew York.
St. Botolph Club, Boston.
St. Louis School and Museum of Fine Arts.
The American Architect, New York.
The Cleveland Architectural Club.
The Grolier Club, New York
The Library Company, Philadelphia.
T-Square Club, Philadelphia.
R. N. Toppan.
The following lectures were given during the year: Lectures.
On the afternoon of March 28th, Miss Kingsley,
the daughter of the Rev. Charles Kingsley, began a
course of lectures on French Art, as follows: Classics
and Romantics, 1789-to 1830; The Landscape · Painters,
1830 to 1848; The Democratic Painters; Military and
Genre Painters; Portrait, Decorative, and Relig ious
Painters; The Impressionists. On the evening of April
6th, Miss Kingsley spoke of Shakespeare in Warwickshire.

18

Ninetieth Annual Report

On the afternoon of April 6th, Mr. J. William Fosdick delivered a talk on Fire Etching, with Examples
of the Use of the Hot Iron. The lecture was in illustration of Mr. Fosdick's special exhibition of Objects in
, Burnt Wood.
On the afternoon of April 21st, Sir Henry Irving
spoke in gallery F to a large audience, composed of ~he
Contemporary Club and its guests.
At the request of the Civic Club, the galleries were
assigned to that organization on th ~ evening of November 21st, for 'a reception to which were invited about five
thousand persons, who by reason of daily occupations
are unable to visit the Academy during the hours when
the galleries are open. A device of interest introduced
by the ladies of the Club on this occasion, was the
taking of a popular vote for the best· picture in the
collection. Thi? resulted in a majority for The Brook,
by Charles H. Davis. The next in order was, Hail£rzg
the FerrJI, by Ridgway-Knight.
,Under a renewal of contract, the Nineteenth Arl11ual
Series of Thursday afternoon concerts is being given by
the Philharmonic Orchestra, conducted by Charles M.
Schmitz, with an enlarged number of performers and
much new music.
The introduction of electricity into the lecture room
and 'adjoining offices is the first step toward what is .
hoped will be a solution of the problem of adequate
illumination for the entire building. As regards the

The Academy of the Fine Arts

. 19

lecture room, this is preparatol'y to its thorough renovation on a plan which will include mural decorations by
students, past and present, under the direction of Henry
Thouron, Instructor of Composition, who has g iven
valuable time and service in the accomplishment of
this .most interesting work.
'It is a duty which occasions smcere· regret to record

the death, on November 9th, of Russell Smith, Academician. To his generous patronage of native art is due
the endowment of the Mary Smith Prize Fund of $2,000,
which was founded as a memorial to his gifted daughter.
The general statement of the Treasurer to December Finances.
3 I, 1896, and the Profit and Loss account, are submitted
in the following pages. From these it will be seen that
the receipts have been $19,833.50; and the disbursements
$18,74°.23, resulting in a credit balance of $1,°93.27.
In concluding this Ninetieth Annual Report, the
Directors would .again earnestly call attention to the
importance of an increase in the Endowment or Permanent Fund of the Academy, either by gift or by bequest.
In this way alone can the Galleries be further enriched
and new and larger work for the community be undertaken and accomplished.
EDWARD H. COATES,
President . .
HARRISON S. MORRIS,
Secretary.

~

BALANCE SHEET
9t

BALANCE SHEET, PENNSYLVANIA ACADEMY
ASSETS.
Real Estate Bread and Cherry Sts., General
Fund . . .
. . . . $47 8 ,009. 18
Real Estate Broad and Cherry St8"., Gilpin
Gallery Fund . . •
32,902.22
$5 IO,9 1 1-40
211,283.85
2, 81 4,9 1

"Art Property. . .
Library and School Property.
Endowment Fund:
Temporary Loan
. ". . . . . . . . , .
Peerless Brick Co. Bonds . . . . . . . .
Philadelphia & Reading R. R. Co. General
Mortgage 4 per cent. Bonds . . . . . .
Mortgage, J. H. Sands, 'Roanoke. ". • . .
Central Car Trust 6 per cent. Bonds. . . .
St. Louis & Iron Mt. First Mortgage 7 per
cent. Bonds . . . . . . .
Mortgage, E. D. and Rosa M. Smith, St.
Davids, Pa . . '. . . . . . . . . . . .
Baltimole Belt Line R. R. 5 per cent. Gold
Bonds.
. ..... . .
....
Lehigh Valley Car Trust 7 per cent. Bonds
Part of $31,000 Mortgage, F. J. Kimball,
Radnor . . . . . • . . . . .
Presbyterian Board of Publication Building
Bonds....
.

4,750.00
20,000.00
5,000.00
9,500.00
7,000.00
5,000.00
12,000.00
10,000.00
25,000.00
862.50
5,000.00
104,112.50

Temple Trust Fund:
Pennsylvania Academy of the Fine Arts 6
per cent. Bonds . . • . " • . , . .

60,000.00

Charles Toppan Prize Fund: "
Lehigh Valley R . R. 7 per cent. Bonds .
8,000.00
N. E. Loan and Trust Co. 6 per cent.
Western Mortgage . . ,'. . . . . . . . 2,200.00
10,200.00
Investment of Academy Medal Endowment Fund:
Clearfield and Jefferson R. R. Bonds.

1,000.00

Gilpin Fund:
Pennsylvania Academy of the Fine Arts
Bonns . . . . . . .
. . . . . . . 23,000.00
N. E. Loan and Trust Co. Debenture Bonrls 4.850.00
27,85 0 .00
Pepper Trust Fund:
Mortgage, Fort Scott, Kansas
. .
Mortgage, No . .10 N . 8th St. , Philadelphia.
Note of J. S. Redman . . . . . . . . .
Part of $31,000 Mortgage, F . J. Kimhall,
Radnor. . . . . . . .
. ....

16,000 .00
40,000.00
4,000.00
1I,375 .00
7 1,375. 00

Carried forward
20

$999,547. 66

OF THE FINE ARTS, DECEMBER 3 I,
Brought forw ard . . . . .
Phillips Bequest:
Norfolk & Western R. R. Car Trust Bonds. 4,944.83
Part of $3 1,000 Mortgage, F. J. Kimball,
Radnor. • . . . . . . . . . . . . . 7,000.00
Mary Smith Prize Fund: ,
Part of $31,000 Mortgage, F.
Gibson Fund:
Part of $31,000 Mortgage , F.
Gibson Fund Income Account
Album Account. . . . . . . .
Lecture R oom D ecoration . . .
Sixty-seventh Annual Exhibition
Interest Receivable
Miscella~eous

J.

Kimball, R adnor

2,000.00

J.

Kimball, Radnor

9,7 62 .5°
54 2.64
125. 85
1,196.50
520 .5 2
2,579.5 0
64 2. 63

Cash :
Charles Toppan Pr ize Fund
Temple Trust Fund
Endowment Fund .
General Fund. . .

4,195 . 87
4,7 0 4. 60
17,423. 19
837. 69
27,161.35
$1,°5 6,02 3,9 8

LIABILITIES.
Capital Stock .
Surplus Capital.
Old Stock. . .
.
"Mortgage, Broad and Cherry Sts.
Loans Payable . . . . . . "
Endowment Fund
Temple Trust Fund . . . .
Charles Toppan Prize Fund
Academy 'Medal Endowment Fund

$458,500.00
133,237.3 0
12,850.00
83.000.00
4,75 0 .00
121 ,668.75
60,000.00
10,500.00
1,000.00

Gilpin Fun d.-In Trust for Gilpin Gallery:
Real E state
.
Fund for Investm ent. . . . . . .

. $32,9°2.22
28,65 6 -47

Pepper Trust Fund . .
Phillips Bequest
Mary Smith Prize Fund
Gibson Fund -. . . . .
Temple Trust Fund, In come Account
Charles Toppan Prize Fund, Income Account.
" Gilpin Fund , Income Account . . ." . .
Mary Smith Prize Fund, Income Account
Cast Collection
Travelling Scholarships
Annual Memberships
Miscellaneous . . . .

61,55 8. 69
7 1,375. 00
12,000.00
2,000.00
9,7 62 .5 0
4,7°4. 60
4,148,87
2,087.00
241.88
.183-49
800.00
57°. 00
1,08 5.9 0
$1,05 6,02 3.9 8

21

PROFIT AND LOSS BALANCES,
DECEMBER 3 I -, 18 97.
CR.
Endowment Fund, Income Account _
Temple Trust Fund, Income Account
Gilpin Fund , Income Account
Pepper Trust Fund, Income Account
Phillips Bequest, Income Account
Scholarship Fund from City of Phil ad elphia
Academy Fund from City of Philadelphia
Permanent Catalogues .
Academy Rents .
Orchestra Concerts . .

$3,53 8.4 2
1,800.00
7 2 5. 00
4,337 . 08
78. 16
5,000.00
5,000.00
126.00
81 9. 20
499. 1 5
$21,9 23. 01

DR .
Interest
Instruction . . .
General E xpense
General Exhibition
Sixty-fifth Annual Exhibition
Sixty-sixth Annual Exhibition.
Credit Balance

$4,70 1. 89
6,777·99
6,7 10 . 63
1,335·45
76.53
1,290 .39
$20,89 2.88
1,03 0 .13

. . . .

$21,923 or

22

Item sets