500 Proceedings. 



Hector Memorial Fund. — Statement of Account for the Year ending 31st 



December, 1920. 



i 

 By Balance 



Public Trust Office- 

 Interest to 31st December, 1920, at 4J £ s. d. 

 per cent. . . . . 45 4 1 



Bonus interest to 31st March, 1920 . . 4 12 



49 16 1 



To New Zealand Institute Account — 



S. Percy Smith : Hector Prize for 1920 . . 45 



Balance .. .. .. .. .. 1,062 



£1,107 £1,107 



By Balance .. .. .. .. .. .. £1,062 



Carter Bequest. — Statement of Account for the Year ending 31st December, 



1920. 



Dr. Cr. 



£ s. d. £ s. d. 



By Balance . . . . . . . . . . . . 4 , 555 11 6 



Public Trust Office- 

 Interest to 31st December, 1920, at 4£ £ s. d. 

 per cent. . . . . . . 205 3 



Bonus on interest to 31st March, 1920 19 14 



.. 224 14 3 



To Balance .. . . .. .. .. 4,780 5 9 



£4,780 5 9 



By Balance 



Assets. 

 Balance as per accounts 



Liabilities. £ s d 



Legacy — Museum and New Zealand Institute . . . . 50 



Public Trustee's commission . . . . . . . . At scale rates. 



Public Trustee's reports on (a) Carter Bequest, (b) Hutton Memorial 

 Fund, (c) Hector Memorial Fund, were received. 



Hutton Research Grant Fund. — A report from Miss Mestayer was received, 



Report of Grant from Hutton Research Fund. 



Miss Mestayer, who was granted £10 from the Hutton Fund, reports that during the 

 year she received the drawings of three new species of Amphineurs from Miss J. K. 

 Allan, and of an established species needed for the purpose of comparison, the account 

 for which was £4 5s. Miss Mestayer has been able to finish and hand in to the Hon. 

 Secretary of the Wellington Philosophical Society the paper relating to them. Another 

 short paper, for which no drawings were required, was also handed to him. There is 

 a balance of £5 on hand. 



Government Research Grant Fund. — The report of the Research Grant 

 Committee was received and considered. On the motion of Ven. Arch- 

 deacon Williams, seconded by Mr. Eliott, it was resolved, That all 

 unexpended balances of research grants made prior to January, 1919. be 

 refunded on or before 31st March in the present year, the grantee in each 

 case being left free to apply for a renewal of the grant. 



