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Gray Russell Scholarship Fund. Receipts, £ s. d. Expenditure. £ s. d. Balanoee brought forward, let January, 1909 -is 16 r> laid scholarship, H. W. ■Slater .. .. 40 0 U Interest — Balance in Bank of New Zealand .. 56 15 5 On mortgage .. .. .. 40 0 0 On fixed deposit .. .. .. 8 0 0 £90 15 5 £9ti 15 5 Gray Russell Scholarship Fund Capital Account. Receipts. £ s. d. Expenditure. £ s. d. Balances on Hist December, 1909— Balances, 31st December, 1909— Amount advanced on mortgage .. 800 0 0 Amount of Robertson's loan .. .. 800 0 0 Kixed de|K>sit, Bank of New Zealand .. 200 0 0 Amount in Bank of New Zealand, on fixed deposit .. .. .. 200 0 0 11,000 0 0 £J,OOO 0 0 Richardson Cadet Corps Fund. Receipts. £ s. d. Expenditure. £ s. d. Balanoee brought forward, let January, 1909 — Amount paid Otago High School cadets .. 3 10 0 Fixed deposit, Bank of New Zealand .. 20 8 0 „ Normal School cadets .. 310 0 Interest on fixed deposit .. .. 7 0 0 Balance on 31st December, 1909, fixed deposit, Bank of New Zealand .. .. 20 8 0 £27 8 0 £27 8 0 Richa/rdson Cadet Corps Fund Capital Account. £ s. d. £ s. d. Original capital .. .. .. 150 0 0 Balance, 31st December, 1909, lixed deposit. Amount of profit, sale Bank of New Zealand Bank of ,New Zealand .. .. .. 179 12 0 shares .. .. .. .. 29 12 0 £179 12 0 £179 12 0 Frank Lee-Smith Prize Fund. 1909. £ s. d. 1909. £ s. d. Jan. 1. Balance on lixed de]K)sit, Bank of Dec. 31. Balance on fixed deposit, due 2nd New Zealand .. .. .. 13 5 10 March, 1909 .. .. 14 3 10 Mar. 2. Interest on above tor two Mars ai 3) percent, .. .. ' .. 018 0 £14 3 10 £14 :t 10 Dairy tuple Prize Fmn\. Receipts. £ s. d. Expenditure. £ s. d. Intercut on lixed deposit. Bank of New Zca- Paid prizes, Uirls' High School .. .. 3 10 0 land .. .. .. .. 3 10 0 £3 10 0 £3 10 0 Dalri/wplr Prize Fund Capital Aocowtt. £ s. d. £ s. d. Balance on 31st December, 1909 .. .. 100 0 0 Balance, 31st December, 1909, fixed deposit, Bank of New Zealand.. .. .. 100 0 0 £100 0 0 £100 0 0 — J. K. Sinolaib, Chairman. C. Mao Andrew, Secretary. Examined and found oorrect. l>. .1. Collins. Controller and Auditor-General. GORE HIGH SCHOOL. Staff. Mr. Joseph Hunter, M.A. ; Mr. W. T. Foster, M.A. : Miss Helen P, Kerse, M.A. 1. Report ok the Board of Governors. The School and Staff, The school was established on the Ist September, I!)O8. and the work was carried on in a portion of the Gore District Eigh School buildings, with Mr. J. Golding, M.A., as headmaster; Mr. J. Brunton, M.A.. first assistant: and Miss Sinclair, lady assistant. This arrangement continued until Easter, 1909, when the new Btafl was appointed as follows: Rector. Mr. Joseph Hunter, M.A. : first assistant. Mr. \V. T. Foster, M.A. ; lady assistant. Miss Helen P. Kerse, M.A. School Accommodation. Owing to the arrangement with the Southland Education Board, the occupation of the Gore District High School buildings ceased on the -Wst December, 1908. The Board

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