E.—7

SINCLAIR BEQUEST. Receipts and Payments Account. Receipts. £ s. d. Payments. £ s. d. Cash at Auckland Savings-bank, Ist January, Cash at Auckland Savings-bank, 31st Decem--1925 .. .. .. .. .. 45 13 3 ber, 1925 .. .. .. .. 47 13 9 Interest •*.. .. ....206 £47 13 9 £47 13 9 Balance-sheet. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Accumulated income, Ist January, Cash at Auckland Savings-bank .. .. 47 13 9 1925 ... .. .. 45 13 3 Plus excess income over expenditure, 1925.. .. .. 2 0 6 47 13 9 £47 13 9 £47 13 9 LOGAN CAMPBELL ENDOWMENT. Receipts and Payments Account. Receipts. j Payments. £ s. d. I £ s. d. £ s. d. Logan Campbell trustees .. .. 20,000 0 0 New Zealand Insurance ComInterest — pany .. .. .. 20,000 V 0 Fixed deposit .. .. .. 175 0 0 Salary .. .. .. 198 7 9 New Zealand Insurance Company .. 797 7 6 Expenses appointments .. 215 19 5 Post Office Savings-bank .. . ... 011 8 Library .. .. .. 100 0 0 ~ Travelling-expenses .. 12 6 4 Telegrams, postage, and exchange .. .. 14 9 Stationery .. ~ 0 14 0 ■, General expenses .. .. 076 — 528 19 9 •• -• •■ • • •. Cash at Post Office Savings-bank, 31st December, 1925 .. .. .. 443 19 5 £20,972 19 2 £20,972 19 2 Income and Expenditure Account. Expenditure. Income. £ s. d. £ s. d. £ s. d. £ s. d. Salary .. .. .. .. 198 7 9 Interest— Commission .. .. .. 41 19 5 On investments .. 1,198 11 5 Expenses of appointment .. .. 215 19 5 Fixed deposit .. .. 175 0 0 General expenses .. .. 0 7 6 Post Office Savings-bank 0 11 8 Travelling-expenses .. 12 6 4 1,374 3 1 Telegrams, postage, and exchange .. .. 14 9 Stationery .. .. 0 14 0 14 12 7 470 19 2 " Exeess-of income over expenditure, 1925 903 3 11 £1,374 3 1 £1,374 3 1 Balance-sheet. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. 20,000 0 0 Mortgages .. .. .. .. 20,000 0 0 Accumulated funds—Excess income over Library .. .. .. .. 100 0 0 expenditure, 1925 .. .. .. 903 3 11 Interest accrued .. .. .. 359 4 6 Cash at Post Office Savings-bank .. 443 19 5 £20,903 3 11 £20,903 3 11

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