SIXTEENTH ANNUAL REPORT 65 



New York, April 16, 1912. 



The President and Boai'd of Manage) s of 



The New York Zoological Society. 



Dear Sirs: 



We beg to report we have examined the annual audit of 

 the books and accounts of the New York Zoological Society for 

 the year ending December 31, 1911, as made by Messrs. Marwick, 

 Mitchell, Peat & Company, Chartered Accountants, and herewith 

 submit the same to you as a complete and satisfactory audit of 

 said books and accounts, all expenditures and receipts of the 

 various accounts being clearly set forth and the cash on hand 

 and at the various depositories having been verified and found 

 correct. Also all securities in which the funds of the Society 

 are invested have been examined and found as reported. 



Expenditures made through the Park Department of the 

 City of New York have not been verified by this audit as such 

 moneys have not passed through the hands of this Society, but 

 are in due course checked and verified by the Comptroller of 

 the City. 



During the year especial attention has been given by your 

 Committee to the further systemization of the accounts of the 

 Privilege Departments, and we now beg to report the auditors 

 state they have found an efficient and satisfactory checking 

 system in use in this department, and that the books and records 

 are well and carefully kept. After consultation with the auditors 

 your Committee have adopted certain additional safeguards 

 which it is thought will still further improve the present methods 

 of protection. 



Respectfully submitted, 



Hugh D. Auchincloss, 

 William W. Niles, 

 C. Ledyard Blair, 



Committee. 



