Report of the Treasurer 481 



JOHN H. KOCH & COMPANY, Certified Public Accountants 

 Liberty Tower, 55 Liberty Street, New York 



New York, October 24, 1916. 



The Audit Committee, 



National Association of Audubon Societies, 

 1974 Broadway, New York, N. Y. 



Dear Sirs: — We have completed our customary examination of the books, 

 accounts and records of the National Association of Audubon Societies for the 

 year ended October 19, 1916, and present the following Exhibits for your 

 consideration, viz.: 



Exhibit A — Balance Sheet October 19, 1916. 



Exhibit B — Income and Expense Account, General Fund. 



Exhibit C — Income and Expense, Sage Fund. 



Exhibit D — Income and Expense, Egret Fund. 



Exhibit E — Income and Expense, Children's Educational Fund. 



Exhibit F — -Income and Expense, Department of Applied Ornithology. 



Exhibit G — Statement of Receipts and Disbursements. 



Our examination embraced a verification of all disbursements which were 

 substantiated either by approved receipted vouchers or cancelled, endorsed 

 checks. 



We attended at the Safe Deposit Company's vaults and examined all 

 investment securities, which were found in order. 



Submitting the foregoing, we are Very truly yours, 



JOHN H. KOCH & CO. 



Certified Public Acconntanls. 



