E. -2.

General Statement of Receipts and Expenditure for the Year ending 31st December, 1909 — continued.

Statement of Assets and Liabilities.

John Rennik, Chairman. H. H. Pitman, Steward. Examined and found correct,—Jab. B. Heywood, Assistant Controller and Auditor-General

90

Primary. Total. Expenditure. Oflice expenses and management— £ s. d. ! £ s. d. Salary of steward (inclusive of all travelling-expenses)... ... 540 0 0 Stationery, postage, and telegrams ... ... ... ... 8 6 <S Fuel ... ... 2 1 6 School Commissioners' railage and expenses ... ... ... 26 6 0 Bank exchange on remittances to ftounh Canterbury Education 4 12 0 Board Hank exchange on cheques ... ... ... ... 0 1(1 8 : 58] Hi L0 Expenses of leasing— Advertising, printing, and lithographic plans . . ... ... 10 \i> 0 Valuators' fees ... ... ... ... .. ... 4 4 0 Legal costs ... ... ... ... ... .. 1 19 (i Survey charges re. Reserve No. 114.0 ... ... ... ■'! 8 0 20 6 6 Special expenditure— Half-share of cost of tree-planting done by three tenants ... L5 11 8 Cost of field-pipes supplied to three tenants ... ... .. 14 1(> 0 Special rate levied by Sefton-Ashley Drainage Board on Ee- 57 12 1 serve 119 . -I 87 19 4 Payments to Education Boards— (i!IO 2 8 North Canterbury ... ... ... ... ... 15,368 12 6 South Canterbury ... ... ... ... .. 3,631 7 (i — 19,000 0 0 Balance in Bank of New Zealand. 31st December, 1909— 19,690 2 8 At credit of current account ... ... ... ... 2,922 14 0 On fixed deposit ... ... ... ... ... ... 298 8 10 3,221 2 10 Money lent on mortgage ... ... ... ... ... ... 1,200 0 0 Total expenditure ... ... ... ... ... ! 24,111 5 6 I !

Assets. £ s. d. Cash in bank, as above ... ... ... ... ... ! Money lent on mortgage ... ... ... ... .. ! Rents payable in advance, 1st May, 1909 —Proportion uncollected ... 56 13 0 „ „ 1st November, 1909—Proportion uncol- ' 1,750 14 I lected , £ s. d. 3,221 2 10 1,200 0 0 1,807 7 4 Total assets ... .. ... ... 6,228 10 2 Liabilities. £ s. d. Steward's salary, December, 1909 Awaiting investment £ s. d. 45 0 0 298 8 10 Total liabilities 343 8 10