ACCOUNTANT STUDENTS SOCIETY.

Evening Post, Volume LCCVI, Issue 126, 26 November 1908, Page 3

ACCOUNTANT STUDENTS SOCIETY.

ANNUAL MEETING. About eighty members attended the annual meeting of the Wellington Accountant Students' Society last evening at the Chamber of Commerce. Mr. D. T. Stuart (president) occupied the chair. The annual report stated that the winnors in tho prize essay competition, prompted by tho Institute of Accountants, were Messrs. H. 11. Ahearn, W. J. Nagle, and Geo. Duncan — all members of the Wellington Students' Society Reference was made to the fact of the establishment of a small library for the use of students. The status given to accountants by the passing of the Accountants Act should, the report stated, give an impetus to the study of accountancy, and a material increase in the membership of the society was confidently looked for. In moving the adoption of the report, the chairman drew attention to the great benefits conferred by the society on students by assisting and encouraging them in making themselves more proficient in their profession. Passing on, Mr. Stuart touched on the question of loose-leaf ledgers. "I am of opinion," he said, "that the use of these ledgers is fated to increase steadily. The card system merits the attention of some traders — those with very many customers' accounts — such as drapers in a large way." The Stamp Act should be rea,d by lads in offices. There was much ignorance on this subject — tor instance, in regard to the stamping ot receipts, issued in sets. Members of the society were urged to strive to pass the examinations entitling them to become members of the Institute of Accountants or of the Accountants and Auditors' Association. He looked forward to the erection of a building in Wellington, to be the headquarters of the Accountants' Society. The report was adopted. The retiring officers were re-elected, with the addition of Mr. H. W. Mackisack, to the committee. Special recognition was made of the services of Mr J. L. Arcus, hon. Recretary. At the conclusion of the annual meeting, an interesting discussion took place on some points of partnership law. Those who took part showed tnat they were possessed of "a good grasp of tho legal position of the several partners whose case was stated for consideration. The speakers were Messrs. J. S. Barton, H. D. Vickery, W. E. Nichols, H. W. Mackisack, E. W. Hunt, and G. B. Hull, the law being ably represented by Messrs. A. Fair and H. F. O'Leary. Dr. M'Arthur, S.M., very kindly acted as arbitrator.