REPORT OF THE AUDITOR OF THE PERMA- 

 NENT WILD LIFE PROTECTION FUND 



In explanation of the statements submitted herewith per- 

 taining to the accounts of the Permanent Wild Life Pro- 

 tection Fund, I desire to state as follows: 



In addition to the Principal Account, two other accounts 

 are maintained at the Columbia Trust Company, designated 

 Income Account and W. T. Hornaday Drawing Account. 

 The condensed statements of the three accounts appearing 

 above cover the period from their inception to December 

 31, 1916, and show balances on the latter date as follows : 



Principal Account $1,023.43 



Income Account 25.62 



W. T. Hornaday Drawing Account 120.12 



The statement showing receipts and expenditures of in- 

 come (under the title "Campaigning Trustee's Statement of 

 Income Account, Permanent Wild Life Protection Fund"), 

 gives the detail of receipts and expenditures from January 

 5, 1915 (the date of the last previous statement), to De- 

 cember 31, 1916, and is a consolidation of the Income Ac- 

 count and the W. T. Hornaday Drawing Account. Expendi- 

 tures shown in this statement are supported by proper 

 vouchers in practically all cases. 



Respectfully submitted, 



H. A. Stingley, 

 Auditor. 

 May 12, 1917. 



AUDITOR'S report on subscriptions, and receipts 



.THEREFROM. 

 Total subscriptions reported by Dr. Hornaday $103,495.03 



Less subscriptions unpaid $3,100.00 



Less subscriptions paid in 1917 575.00 3,675.00 



Total paid $99,820.03 



