WAR FUNDS

Southland Times, Issue 18938, 11 May 1923, Page 10

WAR FUNDS

ANNUAL MEETING The seventh annual meeting of the Southland War Funds Association was held on Wednesday, those present being Messrs H. • Royds (president), D. Cuthbertson, J. Gili kinson, T. McCarrol, J. McDougall, D. McDonald, H. McKenzie and C. Bennett. In moving the adoption of the annual ! report and statement of accounts, Mr Royds said he wished to say that during 1 the year the returned soldiers had done I everything to help the Association and had j endeavoured to pay back advances. The .Association had not pursued a policy of ; making indiscriminate grants and consei quently their finances were in a good con- • dition. The report was adopted. Mr Royds was re-elected president and Mr McDougall was re-elected vice-president, j The existing general committee was re-ap- . pointed. A communication was received from Mr i L. Griffi'Ek a Lumsden resident, nominati ing Mr T. MvCarrol as the Lumsden repreI tentative on the .Association. It was de- : cided to inform Mr Griffiths that he had jno power to nominate a member. A branch i of the Association would have to be formed |in Lumsden before a representative could j be appointed. , Mr J. Gilkinson was re-elected chairman lof the executive committee. j An emergency committee was elected, • comprising Messrs Royds, Cuthbertson, Gil- , kinson and McDougall. The resignation was received of Mr M. Thompson, previously a member of the emergency and executive committees. Several members made eulogistic references to Mr Thompson’s work on the Association and said it was a matter for regret that j they were losing such an active member. Mr McDougall was also appointed trustee to the .Association. A quarterly balance sheet was presented showing investments to the amount of £45.270. Outstanding advances come to £3,796, making a total of £49.066. The receipts for the last quarter were £2BO, of which the chief item is refunds, £212. Expenditure for the quarter totals £593, of which the chief items are relief, £298, and advances. £193. The excess of expenditure over receipts amounts to £313. Cash in han amounts to £l5lB.