The Monthly Meeting of Philadelphia expressing the same kind inclination to encourage that at first led them to erect the public school and to procure the same to be established by the proprietor’s charter, as it is now under the care of the present overseers, having thought it necessary that an exact account should be taken of all the benefactions intended by the several donors for the use of the said school, the moneys or effects whereof might have come under the direction of the said meeting. In order thereunto appointed some friends to adjust the said accounts with the overseers, which being carefully done, it appears the meeting has received of such benefactions as aforesaid for the use of the school the sum of £226 ... and that they expended in the building the school house which was begun, carried on and finished under their care and direction the sum of £264 and 3d, whereby the meeting is in disburse for the public schoolhouse, above what they received in the sum of £37/15/3, which last sum or balance they were pleased freely to ... grant and release to the said school, together with the lot belonging to it and all those (equipages) and tenements now in the occupation of Evan Owen and Thomas Cannon with their appurtenances and all the rents, profits and issues thereof, and have accordingly ordered the persons who are by legal deeds or instruments vested with the right to the said tenements in trust for the meeting to (grant) and absolutely convey the said schoolhouse and ... with the lots and grounds on which they stand and appurtenances to the overseers of the school, to be held by them and their successors for the use of the public school founded by charter in the town and county of Philadelphia in Pennsylvania, forever.[271] [Sidenote: Papers to be executed conveying the properties] This transfer was at once acknowledged by the overseers in a minute of the same date, and Thomas Griffiths and John Goodson were desired to execute the proper papers conveying the properties to the said overseers of the public schools, which was accordingly done before the next meeting (4th month, 1725).[272] [Sidenote: New building proposed] By this time (1733) the old building erected in 1701 was badly in need of repairs, but on a closer examination it was decided more economical to pull down the old and build a new one, more convenient, on the north side of the school lot.[273] [Sidenote: and begun] [Sidenote: New meeting house built large to contain school rooms]