36 



I. STICKLAND,^ 



I. WILCOX, 



Atiditors. 



lolh June, 1 91 6. 



The follow^ing statement of assets and liabilities was also 



read : — 



Assets. 



Balance — Savings Bank and London Bank ... ;^49 4 8 



Arrears of Subscriptions (;i^6o), say... ... ... 39 I7 o 



Arrears for Reprints 

 Badges on hand ... 

 Library and Furniture (Insurance Value) 



256 



o 15 9 

 150 o o 



;,^242 2 II 



Liabilities. 



Subscriptions paid in advance 



^6 7 6 



The report and financial statement were received, on the 

 motion of Messrs. Geo. Coghill and A. D. Hardy. 



In the discussion that followed. Professor A. J. Ewart said 

 that, apart from the purchase of periodicals, no expenditure 

 had been incurred on the library for the twelve months. 

 Personally, he did not think it wise to starve the hbrary, as it 

 were, in order to show a surplus at the end of the financial year. 

 In moving the adoption of the report and financial statement. 



