HOKITIKA SAVINGS-BANK.

Hokitika Guardian, 9 June 1931, Page 2

HOKITIKA SAVINGS-BANK.

-TJEGEIPTS and Payments account for the year ended 31st. March, 1931:

RECEIPTS.

Gash in hanks on Ist. April, 1930 — ; i On fixed deposit ... 42,750 0 0 On current account ... 1,759 11 0 Amount lodged by de- ■ posifcors 39,828 16 8 Interest credited during Period .... ... 1j35 8 6 Interest for year ended '3lst March, 1931 ... 5,493 19 0 Interest on fixed deposits 2,514 15 5 Interest on mortgages ... 4,587 9 6 Interest on Inscribed stock 1,330 0 0 Interest on Westland County Depentures ... 36 15 0 Mortgages repaid ... 11,556*19 0 AVestland County debentures repaid 700 0 0 £110,693 14 1

Wm. y, WILSON, Manager. We hereby certify-'t-hat to the best of our knowledge and-belief, the above /balance-sheet is correct. M'"- GE.ORGK PERRY. \ , w - E. WILLIAMS, kP T). j. EVANS; ■'. [ TrusteeSl W *E. TEICHELMANN, I % J. L. LYNCH.,. j

I, John Hamilton Wilson, being the auditor “of the Hokitika Savings Bank, appointed in terms of section 4 of the Savings Banks Amendment Act, 1923, hereby certify—(l) That I am satisfied that the foregoing balance sheet has been properly drawn up from the boobs, accounts, and vouchers of the Savings Bank so as to exhibit a true nnd correct view of the state of the Savings Bank’s affairs as at the date thereof, in accordance with the requirements of the Savings Banks Amendment Act, 1923. ,jf., (2) That I have verified the cash .investments, securities and assets of the Savings Bank as at the date of the balance sheet. (3) That I have obtained all the information and explanations I have required. (4) Tli at the manager has certified that nil the requirements of the Savings Banks Act, , 1908, and amendments have been complied with.. J. H.’ WILSON,, A.P.A. (N.Z.) Auditor. Hokitika, 20th April, 1931*■ Approved— BLEDISLOE, Goveyn^General. 2Gth May? 1931.

PAYMENTS. £ s. d. Repaid depositors ... 47,700 10 2 Interest credited depositors Invested on first mort5,629 7 6 gage freehold land ... 9,857 18 7 ,, Charges 711 11 0

•?.Grant to Hawke’s Bay earthquake fund 50 0 0 Cash in Bank of New South Wales, 31st March 1931 2,640 2 3 Fixed deposits, Bank of New South Wales ... 14,500 0 0 Cash in Bank of New Zealand 164 49 Fixed deposits, Bank of '« New Zealand 14,100 0 0 Cash in National Bank of New Zealand 189 19 10 Fixed deposits National Bank of New Zealand 13,150 0 0 Government bonds purchased 2,000 0 0

£110,693 14 1 PROFIT AND LOSS ACCOUNT. For year ended 31st March, 1931. Dr. £ s. d. To amount -written off ji mortgages against loss and probable loss . 1,106 To . 8 s Written off bank premises 200 0 0 5 Grant to- Hawke’s Bay l Earthquake Fund . ... 50 ,0: 0 | Charges -.1 ■ 711 lli.O * Balance U ! ' ‘ v 21,686 G • 6 ! £23,754 13-'-‘2 i Cr. | £' s.' d. i Amount at credit of Pro- • i : j fit and Loss Account, ( 1st April, 1930 21,085 16 10 p Interest Account 2,668 16 4 ,f Ml VI . >X i I £23,754 13 2 Balance carried forward, £21,086 6 6 , , — - BALANCE SHEET AS AT 31st. march, 1931. LIABILITIES. ~ A £ s. d. Amount due depositors (1,814) 132,782 2 5 Profit and Loss Account 21,686 6 6 ' £154,468 8 11 Tv , - assets; £ s. d. First mortgage on freehold land . ... 'Inscribed stock and 79,407 14 4 bonds at cost Fixed deposit, Bank?: or 26,008 10 0 New South Wales ... Fixed deposit, Bank of * 14,500 0 0 New Zealand Fixed deposit, National 14,100 0 0 Bank iof New Zealand 13,150 0 0 Current account in banks Bank premises and fur2,994 6 10 niture 2,550 0 0 Interest accrued 1,757 17 9 £154,468 8 11