History of the Parsis : including their manners, customs, religion and present position : with coloured and other illustrations : in two volumes

288 HISTORY OF THE PARSTS. [CHAP. VI,

To this sum of three hundred thousand rupees the munificent knight further added fifteen shares in the Bank of Bengal. Lady Jamshedji subscribed five, and the Parsi Panchayet thirty-five shares. These further contributions of fifty-five shares were valued at the time at three lakhs and ninety-six thousand rupees (Rs.396,000). The income of the institution, derived from the interest of the sum of three lakhs of rupees, and the dividend on the above-mentioned shares, amounts to not less than forty thousand rupees per annum.

The Government of India, in whom the trusteeship of the funds is vested, allow interest at the rate of six per cent on the endowment of three hundred thousand rupees. The annual income of the institution, after deducting the expenses of management, is divided into four hundred shares, one hundred and eighty of which are devoted to the support of the schools in Bombay, and seventy to that of the schools in Gujarat, while the remaining one hundred and fifty are assigned for the maintenance of poor, aged, and disabled Parsis in Bombay, Surat, and other places, for defraying their funeral expenses, and also for the marriage expenses of their daughters.

The boys’ schools in Bombay were first opened on the 17th of October 1849, and the following eentlemen have successively had charge of them down to the present day:— Professor Robert Lott, B.A. Oxford; Professor Henry Green, formerly Principal