LIABILITIES AND ASSETS.
The statement of liabilities and assets in I comparison with the previous season is : — . 1891-92 1892-93 Liabilities £02 16s Od £12 . Assets £152 0s Od £157 13 11 This shows an improvement of £40 9s lid \ for this yeai*. after writing off £28 for de- I preciation in value. This I think you will cdrisider . very satisfactory, and that the Club has had a very prosperous year. .CONCLUSION. The Committee, in wishing the Club a continuation of its prosperity, desires to thank the members generally for the help they have given during the year, and trust they will do all in their power to assist the new officers and Committee in their endeavours to further the interests of the Club during the coining season. I am, yours faithfully, E. P. Co\vi,es, . : Hon. Sec. M.B.C. Foxtoh, Aug. 26th, 1893. BALANCE-SHEET OF THE MANA- ; WATU ROWING CLUB FOB YEAB i 1892^)3.
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Manawatu Herald, 22 August 1893, Page 3
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152LIABILITIES AND ASSETS. Manawatu Herald, 22 August 1893, Page 3
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