LIGHT AND POWER

Stratford Evening Post, Issue 60, 22 May 1928, Page 5

LIGHT AND POWER

TARANAKI BOARD.

MONTHLY MEETING

The monthly meeting of the Taranaki Power Board was held yesterday.

The statement presented by the finance committee disclosed that the credit baiknt» in the loan account at last meeting; .wa« £829, since when ■ £647 had been received in tho folf- losing amounts; refunds £3O, repairs ;*■ '"3PTj file of mate rial £l4, sale of plapt, £mX), ml iking the total £3366, leaving the loan, account in debt to the extent, of £1899! The Stratford loan account was in credit to the extent of £624 at ithei last meeting, but accounts to pass reduced the balance to £695. At the’ last meeting the power fund account was overdrawn to the extent of £8740 >v’d to pass (£746) increased' the ■ Slim £9493. The sum of ; £9189 had, however, been received during the mouth as follows: Installations £1917, interest

£46, goods £67, current £4872, rates, £2268, rent £4, court fees £2, compensation £lB.■ Thus the overdraft wa» reduced to £303.