Statement of Accounts for the year ending 30th September, 1857.
R. G. Bauchope, Secretary. T. Kikq, Chairman. The Chairman, in moving the ndoption of the Rrport and Balnuce-sbeet, said ns they wcu!d tee from iho Pieport, the Society was able to pay tlio borrowers and investors tight per cent, per annum, and considering the times, he thought they had done vtry well, t&pecially tis the} were alto sbld to corry £23 to tbo reserve fund. To show tho ehiirtholdcjs they were careful in their inveMtnenfc, it would be seen fiom the Report that out of 208 npplietilicns for boirowinp, only 52 gharr-B were taken up. "Ihe Dhatore had been vi ry ci-ieiul in lleir investment?, and ha' done tbe best for iho benefit oi' the' Society. He moved tbe adoption of the re- port, Mr. Bennett seconded tbo reEolution, which wub carried. Messrs. J. B. McKellor and B, H. Tribe
1 were olectefl as auditors, at the same- reI numeration as b>-i'oro. A vote of thiiuks to tho Chaiimin tc 1 - ruinated the proceedings.
DR. RECEIPTS. £ 8. d. To Cash in hand, 30th September, 1886 0 5 0 Cash in Bank of New Zealand, 30th September, 1886 ... 389 9 3 Members 2,990 7 11 Depositors 400 0 0 Loans repaid ... 845 14 7 £4,625 16 9 Cr. EXPENDITURE. £ 8. d. By Advances to Members on Mortgage 1,052 8 0 Advances to Members on Securityof Shares 148 10 0 Shares withdrawn 203 10 11 X Series paid 900 0 0 V Series paid 1,100 0 0 Depositors 830 0 0 Interest 142 18 G Management, Insurance, &c... 207 6 5 Bank of New Zealand, Balance 30th September, 1887 ... 41 211 £4,625 16 9 PROFIT AND LOSS ACCOUNT. Dr. £ s. d. To Profit allotted to Members 603 18 8 Management Account — Secretary, £150 ; Directors, £16 10s ; Auditors, £8 8s ; Advertising and Printing, £16 16s 2d ; Law costs, £2 2s ; Sundries, £3 9a10d. ... 197 6 0 Reserve Fond ... ... 23 14 10 £824 19 6 Cr. £ s. d. By rents 1 18 2 Interest, balauce of 736 8 3 Management Account — Fines, £49 9a 7d ; Commission, £19 6s ; Entrance Fees, £6 17s 6d ; Transfer Feeß, £1 ; Withdrawal, £10 ... 86 13 1 £824 19 6 I LIABILITIES AND ASSETS. LIABILITIES. Dr. £ s. d. £ b. d. Shares Series 14 Z @18 8 2 257 14 4 30 AA @16 15 4 503 0 0 2 BB @15 5 1 30 10 2 38 CC @1316 11 526 210 12 DD @12 7 8 148 12 0 48 EE @11 010 530 0 0 58 FF @ 915 0 565 10 0 64 GG @ 8 9 5 542 2 8 175 HFI @ 7 5 8 1,274 11 8 169 II @ 6 110 1,029 910 168 XX @ 419 10 838 12 0 110 LL @ 318 0 429 0 0 91 MM @ 217 10 263 210 64 NN @ 117 6 120 0 0 38 OO © 018 9 35 12 6 iOBI Shares 7,094 0 10 Depositors 2,694 12 11 Subscriptions in advance ... 15 4 Reserve Fund 36 7 10 £9,826 6 11 ASSETS. Dr. £ s. d. Catli in Bank of New Zealand 41 2 11 Cueli advanced on Mortgage... 8,645 0 0 Catli advanced on Shares ... 100 0 0 Amount outstanding eecured 51 15 3 Amain 207 1 10 Property ... ... ... 6L3 16 5 Office Furniture 57 10 6 £9,826 6 11
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TH18871026.2.19
Bibliographic details
Taranaki Herald, Volume XXXVI, Issue 8005, 26 October 1887, Page 3
Word Count
561Statement of Accounts for the year ending 30th September, 1857. Taranaki Herald, Volume XXXVI, Issue 8005, 26 October 1887, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in