15

E.—7

2. Sinclair-Gillies Trust Account. £ s. d. £ s. d. Balance, Ist January, 1910 .. .. 3,741 10 3 Scholarships .. .. .. 140 0 0 Interest on £3,000 on mortgage at 5 per Balance, 31st December, 1910— cent. .. .. .. .. 150 0 0 Auokland Savings-bank .. .. 201 7 3 Interest— Post-Office Savings-bank .. .. 572 5 5 Auckland Savings-bank .. .. 4 0 0 On mortgage .. .. .. 3,000 0 0 Post-Office Savings-bank .. .. 18 2 5 £3,913 12 8 £3,913 12 8 Balance, Ist January, 1911 .. ..£3,773 12 8 3. J. L. Sinclair (Bequest) Trust Account. £ s. d. £ s. d. Balance, Ist January, 1910 .. .. 25 9 4 Balance, 31st December, 1910— Interest (Auckland Savings Bank) .. .. 10 0 In Auckland Savings-bank .. 26 9 4 £26 9 4 | £26 9 4 Balance, Ist January, 1911 .. .. £26 9 4 Examined and found correct. —It. J. Collins, Controller and Auditor-General. \( counts and Balance-sheet.—Statemknt of Balances at 31st December, 1910. Accounts. Cr. £ s. d. £ s. d. College Account .. .. .. .. .. .. 6,419 14 3 Sinclair-Gillies Account .. .. .. .. .. 3,773 12 8 Sinclair Bequest.. .. .. .. .. .. 26 9 4 10,219 16 3 Dr. Specialization Account .. .. .. .. .. .. 499 18 8 £9,719 17 7 Bank and Investments. £ s. d. Bank of New Zealand .. .. .. .. .. .. 3.729 3 10 Auckland Savings-bank .. .. .. .. .. .. 358 8 9 Post-Office Savings-bank .. .. .. .. .. .. 932 5 0 Mortgages (freehold) .. .. .. .. .. .. 4,300 0 0 Debentures (Auckland City Council) .. .. .. .. 400 0 0 £9,719 17 7 Liabilities. £ s. d. Choral Hall Purchase Account .. .. .. .. .. 4,000 0 0 Specialization Account (overdraft) .. .. .. .. .. 499 18 8 £4,499 18 8 14th February, 1911 Chas. M. Nelson, M.A., Registrar.