42 POTLATCH TIMBER PROTECTIVE ASSOCIATION 



SPOKANE, WASHINGTON, DECEMBER 2, 1914. 



POTLATCH TIMBER PROTECTIVE ASSOCIATION AND STATE BOARD OF 



LAND COMMISSIONERS. 

 GENTLEMEN : 



We, your Auditing Committee, have this day carefully ex- 

 amined the vouchers and audited the books and accounts of the 

 Potlatch Timber Protective Association and beg to report that 

 we have found the same correct in every particular up to and 

 including November 30th, 1914. 



The bank book of the association shows an overdraft of 

 $156.94, while the ledger cash account shows an overdraft of 

 $334.49. This is accounted for by the fact that vouchers 593, 649, 

 652, and 653, aggregating $230.80, were outstanding. As an off- 

 set to these outstanding checks there is a time check for 75 cents 

 which has been charged to the association by the bank but has not 

 as yet passed through the books and a Forest Reserve check for 

 $52.50 which was returned for an ink endorsement and was 

 charged back to us by the bank. 



The attached trial balance and statements of resources and 

 liabilities are correct according to the association books. 



Respectfully submitted, 



GEORGE A. DAY, Chairman, 

 By BEN E. BUSH, 

 G. A. RUBEDEW, 

 F. J. DA VIES. 



