AUCKLAND LAND SOCIETY No. 7.

Daily Southern Cross, Volume XXIV, Issue 3428, 11 July 1868, Page 3

AUCKLAND LAND SOCIETY No. 7.

The half-yearly general meeting of the shareholder* of Auckland Land Society No. 7 was held last erening, at the office of the Secretary, Queen-street, for the purpose of receiving a statement of accounts of the Society, and to elect officers for the ensuing year. Mr. George Leahy was oalled to the chair. The Secretary (Mr. John Batger) read the minutes of the last general meeting, which were confirmed. He then laid before the meeting the abstract of the ledger accounts of each member of the Society. He then read the report of the Treasurer, Mr. JRattray; and alto 'the following statement; of receipts and expenditure, statement of assets and liabilities, and auditors' report : — Statement of Receipts and Expenditure during the period of 150 weeks ending 30th April, 1868.

"Auditors' Report. "Auckland, July 8, 1868. " We have this day received the books, account?, and vouchers of Auckland Laud Society No. 7, to 13bh April, 1868, inclusive, and we certify that the accounts prepared for presentation to the sixth halfyearly general meeting of shareholder*, to be held lObh July, 1868, are correct, and that the cash balance on 13th April was three hundred and niuety- seven pounds eleven shillings and eleven pence (£397 Us. lid.). »J. W. DIDDAMS, ) Auditors " " Chas. Williamson, } Audltors - Mr. G. Staines moved that the balance sheet and auditors' report as read be received and adopted. Mr. Hahdat seconded the motion, which wa* carried unanimously. r £ *

OFFIOE-BBARERS-On the motion of Mr. G. Staikks, seconded by Mr. Halidat, Mr. George Leahy was elected president of the Society for the ensuing twelve months. On the motion of Mr. G. Stainbs, seconded by Mr. T. Thompson, Mr. O. Smallfield was elected, rice-president for the same period. On the motion of Mr. Thompson, seconded by Mr. Haliday, Mr. William Rattray was appointed treasurer of the Society for the ensuing year. The Secretary stated that the following gentlemen had been the auditors for the past year — Messrs. C. Williamson, J. W. Diddams, and P. A. Philips. Mr. Staines moyed that the same gentlemen bQ re-appointed. , Mr. Haxiday seconded the motion, which was carried.

COMMTFTEI. On the motion of Mr. Thompson, seconded by Mr. Haltdat, the following committee were appointed for the ensuing year :— Messrs. H. Keesing (Jan.), W. J. Speight, J. H*liday, G. Staines, A. H. King, T. Mann, W. Jeffrey, W. McKmitry, J. P. King, W. H. Kissling, A. Brodie, and L. fl. Fletcher.

NBW OTKOE. Mr. Batgeb said he intended to bring forward at the next committee meeting a proposal for the removal of the Secretary's office to the premiies occupied by himself on the east side of Queen-street, between tha shop of Mr. Chapman, bookseller and ■tationer, and that of Mr. W. Grabam^grocer. Ho said these would be found to be more convenient from their central position. . . The membeis present expressed their opinion to the effect that the proposed removal would be advantageous.

FINANCE. The Secretary said the payments were being satisfactorily maintained, there were no fresh accounts in arrear, and many of those members who , had until lately beea behind with their payments, were now making small payments on account. Two accounts that hsd been decidedly in arrear had now been paid off ; and the general commercial improvement that had now set in throughout Auckland had not been without its effects on the condition and prospects of the Society. Mr. Thompson said there was not much probability of any fresh losses consequent on the failure of securities. A vote of thanks to the Chairman concluded tne proceedings. ____—« —

RECEIPTS. Entrance fees on 926 shares... Transfer fees on 172 ghares ... Subscriptions Interest Fines Passbooks * s. a. 92 12 0 17 4 0 11,817 19 9 331 14 10 109 11 6 5 14 Q £12,374 16 1

DISBURSEMENTS. £ 8. d. Advances to members 11,554 14 0 Preliminary expenses as per account rendered ... 43 6 6 Office furniture 6 0 0 Stationery, advertising, and management ... «■• ••• ••• 373 3 8 April 13, 1868, to balance 397 11 11 £12,374 16 1 Statement of Assets and Liabilities on the 13th April, 1868.

ASSETS. lash in Banlt of New South Wales ►ffice furniture ialance due by members ... 897 11 11 6 0 0 ...2,831 4 2

LIABILITIES. £ 8. d. Balance to credit of members 2,937 11 4 Secretary 20 0 0 Balance 277 12 10 April 13, 1868. £ s. d. Balance as above 277 12 10 (Subject to deductions for loss on sale of properties abandoned to the Society.) E.E. John Batger, Secretary.