THE society having control of this Institution was organized in 1851, its affairs being under the direction of a board of trustees and managers, composed of ladies representing nearly every Episcopal church in the city of New York. There is, as usual, an advisory committee of gentlemen, to whom in cases of difficulty they appeal. Any member of the Protestant Episcopal church may become an annual member by the payment of three dollars, or a life member on the payment of fifty dollars at one time. The object of the Asylum is the care, support, and religious training of orphans and half-orphans. Children are received into the Institution between the ages of three and eight years only, and. may be retained, the boys until they are twelve, and the girls until they are fourteen. Children taken without charge must be entirely given up to the Institution, otherwise the sum of seventy-five cents per week is charged for their support. The committee on receiving and dismissing children meets every Friday, to whom application may be made; but their by-laws declare that admissions shall be regulated invariably by the amount of funds in hand, or by anticipated receipts that are reasonably certain, so that the finances may never be embarrassed. Children are indentured, or adopted only to married persons keeping house, members and regular attendants of the Protestant Episcopal church, and recommended by their pastor. Girls are not bound in families where there are apprentices, and neither boys nor girls are permitted to go to a tavern, a boarding-house, or where liquors are sold. Children are taken from the Institution on trial for three months, when, if the employer is dissatisfied, he is allowed to choose again, or if the child has just cause of complaint it may be recalled. All indentures expire with the eighteenth year of the child, and none are allowed to go so far from the city that some one of the managers cannot visit them annually. The Asylum stands on Forty-ninth street, between Lexington and Fourth avenues, is two stories high, besides basement and attic, is in the Gothic order, and has accommodations for one hundred and sixty-five children. In 1868 a rear wing, containing an infirmary, was added to the main building, at an expense of $32,000, which contributed greatly to the safety of the children and the convenience of the Home. The Institution has, besides the matron and three female teachers, a nurse and six domestics. The children number, on an average, from one hundred and forty to one hundred and sixty; and the Institution is supported at an annual expense, exclusive of repairs, of about $15,000. Only two deaths have occurred in the Institution during the last four years. A religious school, similar to Sunday schools, is conducted in the Institution every Friday, many young ladies consenting to teach on that day, and one of the pastors in the city devotes some time to catechising the children. In 1868, the heart of the matron was made glad in receiving the sacrament of the Lord's Supper from one once an orphan boy in the Asylum. It has long been the custom of the managers to meet at the Home every Friday, to cut and make garments for the children. Many friends, of the society have gladly attended these meetings, furnishing as they do an opportunity to gratify that yearning desire in every true woman's heart, to minister to the helpless and suffering. This is the only orphan house, of the denomination in the city, and has completed its nineteenth year without receiving anything from the city authorities, and but a small amount from the State. Its permanent fund from legacies is rapidly increasing, and now amounts to forty-four thousand dollars.