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LANDS AND SURVEY DEPARTMENT—continued. NORTH ISLAND EXPERIMENTAL DAIRY SCHOOL ACCOUNT. Receipts and Payments Account fob the Year ended 31st March, 1937. Receipts. Payments. £ s. d. Balance in Treasury Deposit Account £ s. d. Cost of tree-planting .. .. .. .. 2 0 0 at Ist April, 1936 — £ s. d. Administration expenses .. .. .. 8 511 _ .. .. 3,101 14 5 Payment to Massey Agricultural College for benefit Investments .. . • .. 8,500 0 0 of Dairy Research Institute .. .. .. 497 11 7 11,601 14 5 Balance in Treasury Deposit Account at 31st March, Rents ... .. •• •• 165 17 6 1937— £ s. d. Interest on investments .. .. .. 340 0 0 Cash .. .. .. 3,099 14 5 Investments .. .. 8,500 0 0 11,599 14 5 £12,107 11 11 £12,107 11 11 Revenue Account foe the Year ended 31st March, 1937. D r . £ s. d. Or. s. d. Administration expenses under section 4, Land Accrued rent .. .. .. ■ • 199 14 7 Laws Amendment Act, 1927 .. .. 8 5 11 Interest on investments .. .. .. 340 0 0 Payment to Massey Agricultural College for benefit of Dairy Research Institute .. .. .. 497 11 7 Balance carried down . . .. .. 33 17 1 £539 14 7 £539 14 7 £ s. d. £ s. d. Appropriation of Revenue Receipts on account of Balance brought down .. .. .. 33 17 1 expenditure on plantation .. .. .. 2 0 0 Balance from previous year .. .. .. 11,602 1 8 Balance .. •• •• 11,633 18 9 £11,635 18 9 £11,635 18 9 Balance-sheet as at 31st March, 1937. • Liabilities. £ s. d. Assess. £ s. d. Capital .. .. .. •• •• 4,844 19 10 Leased land .. .. .. .. .. 4,625 0 0 Rents charged but not accrued .. .. 6 15 5 Plantation .. .. .. .. ■ • 219 19 10 Revenue Account £ s. d. Interest on investments accrued but not due . . 40 19 9 Balance at Ist April, 1936 .. 11,602 1 8 Treasury Deposit Account— £ s. d. Surplus for year .. .. 33 17 1 Cash .. .. . ■ 3,099 14 5 Investments .. .. 8,500 0 0 11,635 18 9 11,599 14 5 Less appropriation on account of expenditure on plantation 2 0 0 11,633 18 9 £16,485 14 0 £16,485 14 0 J. H. O'Donnell, Assistant Under-Secretary for Lands. Wm. E. Shaw, Chief Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Controller and Auditor-General.

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