LAND SOCIETIES COMMISSION.

11

D.— No. 45.

24.— Sow are the expenses of the Society provided for ? 1. By fines, entrance fees, and 25., 45., and 6s. 16. By 3d. per share per month, and fines, &c. per share. 17. Out of profits. la, Ib. Out of revenue. 18. No answer. 2. By fines, profits, and 16s. per share if required. 19. Out of profits. 6. By fines, commissions, and transfer fees. 20. By 1 per cent, per annum paid by borrowers, 7, 8. By entrance fees, fines, transfers, per cent- also by fees, fines, &c. ages, &c. 21. Out of profits. 9. No answer. 22. By a " loading " on repayments. 10. By fees and fines. 23. Out of revenue. 11. By 2s. 6d. per share per annum. 24, 25. A first charge on profits. 12. 15. By 6d. per share per month. Nos. 3-5, 13, 14, and 26-29 answer " Out of general funds." 25. — What proportion do the expenses of the Society bear to its receipts for subscriptions and interest? 1. Fines, &c, cover expenses. 16. Within 10 per cent. la, Ib. No answer. 17. Not more than 10 per cent. 2. 4e\ per cent. 18. Barely 5 per cent. 3. Not known yet. 19. No answer. 4. 5. About 2i per cent. 20. £5 ss. per cent, nearly 6. 5^ per cent. 21. About a tenth part at present. 7. From 2^ to 5 per cent. 22. Declines to answer. 8. About 2-2 per cent. 23. No experience. 9. About S$ per cent. 24. About 3 } per cent. 10. About one-twentieth part. 25. About 4 per cent. 11. Not quite 4 per cent. 26. About 4| per cent. 12. About 31 per cent. 27. 8 per cent. 13. 14. 2-J- per cent. 28. No answer. 15. One-sixteenth. 29. No answer. 26.—- Upon what principle are the yearly statements of profit and loss made up, especially with regard to the estimation of the value of the shares ? 1. Dr. and Cr. Balance Sheet. 17. Investors are credited with Bper cent., and every la, Ib. No annual statements made. five years 2 per cent, is credited to all share« 3. No statement yet made up. holders. 4. By deducting liabilities from assets, and 18. By valuation. dividing balance by number of shares. 20. "Future repayments discounted at 10 per 7. By valuation. cent, per annum." 8. " On proportion of capital subscribed." 22. By valuation. 9. By valuation. 23. No experience. 16. "As the committee thinks fit." 27. By equal distribution. Nos. 5, 6, 13-15, and 24-26 give similar answers to No. 4. Nos. 2, 10-12, 19, 21, 28, and 29 give no distinct answers. 27. — What is the annual income of the Society, irrespective of deposits or loans? 1. £4,020; la. £7,571 45., with interest on advances; Ib. No answer; 2. £1,900; 3. £2,000 (estimated as above that sum) ; 4. £30,000 (upwards of) ; 5. £14,099 17s. 6d. (first year) ; 6. £2,932 155.; 7. £840; 8. £8,000; 9. £2,300; 10. £1,060 lis. lOd.; 11. £17,925 145.; 12. £3,950; 13. £2,725; 14. £4,262 ; 15. £730; 16. £2,085 ; 17. £2,171; 18. £5,500; 19. £3,528; 20. £6,050; 21. £2,567; 22. £929; 23. No answer; 24. £1,551 19s. lOd.; 25. £2,493; 26. £2,293; 27. £3,000; 28. No answer; 29. £1,365.

28.— What amount has the Society already advanced?

o. By Eealization. On Mortgage. On Shares. Total. No. By Realization. On Mortgage. On Shares. Total. 1 Ia IB 2 3 4 5 6 7 8 9 LO LI :2 13 L4 About £16,000 £16,000 £27,700 £15,600 15 16 17 18 19 20 21 22 23 24 25 26 27 £1,176 £6,859 No answer No answer £18,150 £1,299 £3,660 £1,178 10 0 Nil. £8,460 £2,400 £8,190 £14,490 £150 £1,326 £6,859 £27,700 £15,600 No answer £1,180 £68,900 £20,900 £6,400 £3,675 £69,160 £4,160 £3,754 £105,549 19 6 £2,941 £11,941 £12,518 £61,950 £1,358 £2,419 £1,200 £2,627 £1,180 £133,269 £20,900 £8,958 £3,675 £71,787 £4,160 £3,754 £105,549 19 6 £2,941 £14,461 £12,993 £15,325 £475 £35 £1,560 £18,150 £16,099 £3,660 £1,213 10 0 Nil. £10,020 £2,400 £8,190 £15,695 £1,205 Not allowed by Rules &X0O £475 £850 28 29 No answer £1,550 £1,550 29.— Wh it is the werage amoun, i, which says,' deposits held by the Sc ;" and No. wiety ? All reply " None" exi it present." :ept No. :ia: iout £50,000; 17, which says, " None