200 



FORESTRY AND IRRIGATION 



April 



Educational Fund, $194.00. 



This is the amount of money re- 

 ceived in response to the appeal for 

 funds to be used in special educational 

 work. 



Dues Unearned, $971.00. 



This amount has been received in 

 payment of dues in advance ; only 

 $58.00 of this, however, are for years 

 after 1908, $788.00 for aimual mem- 

 bers and $125.00 for sustaining mem- 

 bers being for the year 1908. 



Surplus Account, $6,905.76. 



The Surplus Account on January i, 

 1907, was $6,743.34. During the year 



this was reduced by $292.00, which 

 amount was lost by dropping members 

 for non-payment of dues, leaving a 

 balance of surplus of $6,451.34. The 

 net revenue for the year 1907 was 

 $454.42, which added to the balance 

 brings the Surplus at December 31, 

 1907, to $6,905.76. 



Referring to the Revenue Account, 

 herewith, you will find the amounts 

 received from various sources and also 

 the expenditures classified. 



Respectfully submitted, 



Otto Luebkert, 



Treasurer. 



EXHIBIT "B' 



REVENUE ACCOUNT 

 For Twelve Months Ended December 31, 1907. 



Interest on Loans. 



Balance, being Net Rev- 

 enue, carried to Sur- 

 plus Account, Exhibit 

 "A" 



$143 33 



454 42 

 $597 75 



Balance, brought down. 



Interest on Bonds 



Interest on Deposits. . . . 



$267 66 

 66 04 



$264 05 



333 70 



$597 75 



