AUDITORS' REPORT. 



"We have examined the above General Abstract, and compared the Vouchers for 

 the details of the several heads thereof, and find the same to be correct, leaving 

 a Balance to the credit of the Academy's General Account of Twenty- five 

 Pounds Sixteen Shillings and Five Pence. 



The Treasurer has also exhibited to us Certificates in respect of the 

 invested Capital, showing that the amounts of Stock standing in the name of 

 the Academy were Two Thousand Six Hundred and Fifty-three Pounds Nine 

 Shillings and Nine Pence, 2f per Cent. Consolidated Government Stock, Account A, 

 being the Capital of the " Cunningham Fund" ; Four Thousand One Hundred and 

 Eighty-one Pounds Seventeen Shillings and Eleven Pence, 2| per Cent. Consolidated 

 Government Stock, Account B, being Capital derived from Life Compositions ; and 

 Four Hundred and Thirty-five Pounds Seven Shillings and Four Pence, 2f per 

 Cent. Consolidated Government Stock, Account C, being the Capital of the Geo- 

 logical Illustration Fund. Like Certificates have been exhibited to us showing a 

 sum of One Thousand Two Hundred and Nine Pounds Eighteen Shillings and 

 Four Pence, 2f per Cent. Consolidated Government Stock, in the Court of Chan- 

 cery, and a sum of Four Hvmdred and Thirty-one Pounds Seventeen Shillings and 

 Nine Pence, 2% per Cent. Consolidated Government Stock, standing in the names 

 of Trustees, which together form the Invested Capital of the " Todd Memorial 

 Fund." 



,c.. ,s (WILLIAM FRAZER, ) ^ ^. 



(Signed), < > Auditors. 



{ WILLIAM REYNELL, I 



28th May, 1898. 



