(SHearwater tmh?r luxate rtto Aajaartattoit 



DECEMBER 1, 1914. 



To THE MEMBERS OF THE CLEARWATER TIMBER PROTECTIVE As- 

 FOCIATIOX AND STATE BOARD OF LAND COMMISSIONERS. 



ASSETS 



Accounts Receivable .$17,889.75 



Clearwater Telephone & Telephone Co 2.25 



Camp Buildings 1,406.50 



Telephone Line 5,397.86 



Equipments, Tools and Supplies (Inven- 

 tory) ; 934.24 



Horses, Harness and Saddles 1,260.25 



Office Furniture , 50.00 



Mortgage 722.39 



$27,663.24 



LIABILITIES 

 Bills Payable.... ....$17,110.03 



Balance : $10,553.21 



