PHILANTHROPIC EFFORT.

Hawera Star, Volume XLVIII, 26 November 1924, Page 4

PHILANTHROPIC EFFORT.

, OPERATIC SOCIETY. CHARITIES TO BENEFIT. balance in the bank of 12s/d, assets to the value of -244 2s 4d, and no liabilities, the Hawera Amateur Operatic Society, at their annual meeting last night decided that all profits over and above what money was required to conduct the affairs of the society, should go to charitable purposes. ’ihere a lengthy discussion on tiie matter, opinions varying on the question of how much should be held as a reserve fund necessary to meet a possible loss, qr . compensation in the case of an accident to a performer.

_ Finally a. resolution was carried to the following effect:—“That with a vieu-tolaymg down a finance policy tar the society, in future the season of the society be five nights in Hawera (and tor such number of nights and at such, other places as The committee for the time being may each vear decide); and that the nett profits cf the society after deduction of all the society’s expenses for the year (including annual social event Tor members) and such other expenditure as the committee may authorise shall, from time to time and so often as mar be necessary, be carAf €< 4?q/vi { i reser \_ e / und the sum p , e reached and maintained in that fund, and that all in excess of that amount shall each year be donated by the society to such charitable use or uses as the Hawera Borough Council shall each year decide. •