115

E.—l

Expenditure.

Statement of Assets and Liabilities.

John Bennie, Chairman. H. H. Pitman, Steward. Examined and found correct.— J. K. Waebueton, Controller and Auditor-General,

£ s. d. £ s. d. 5y Office expenses and management— Salary of steward (inclusive of travelling-expenses) ... Stationery and postage ... Fuel ... School Commissioners' railage and expenses Bank exchange on remittances to South Canterbury Education Board Bank exchange on cheques 540 7 2 14 4 0 8 0 6 7 0 0 0 0 3 0 7 3 Expenses of leasing— Advertising, printing, and lithographic plans Arbitrators' fees and share of cost of arbitration-deed 568 8 6 10 18 4 6 0 6 15 4 6 Special expenditure— Half-share of cost of tree-planting done by two tenants Cost of field-pipes supplied to lessees of Lots 1, 2, and 4 of Reserve 1191 Contribution towards cost of repairs to culverts at Lake Taumutu Grant towards cost of windmill on Part A, Lot 5, of Reserve 939 Special rate levied by Sefton-Ashley Drainage Board on Reserve 119 12 13 0 12 10 0 15 0 0 10 0 0 54 11 10 104 14 10 Payments to Education Boards— North Canterbury South Canterbury 14,559 15 3,440 5 0 0 688 7 10 18,000 0 0 Balance in Bank of New Zealand, 31st December, 1907 — At credit of current account On fixed deposit 2,711 2 1 278 10 7 18,688 7 10 2,989 12 8 Total expenditure ... 21,678 0 6

Primary. Total. Assets. Uash in bank, as above Rents payable in advance, 1st May, 1907—Proportion uncollected ... „ „ 1st Nov., 1907 —Proportion uncollected... £ s. d. £ s. 2,989 12 d 8 51 4 0 1,927 8 1 1,978 12 1 Total assets 4,968 4 9 Liabilities. Steward's salary, December, 1907 Awaiting appropriation in purchase of land Total liabilities £ s. d. ) ) £ s. d. 45 0 0 278 10 7 323 10 7 323 10 7