2598
THE NEW ZEALAND GAZETTE.
[No. 86

We hereby certify that we have examined the above statement of receipts and payments of the Dunedin Savings-bank, have compared the same with the books of the bank, and to the best of our knowledge and belief it contains a true and correct account of all transactions of the bank. We have also seen security for the investments, taken out the depositors’ ledger balances, and compared the Cash Accounts with the bank pass-book.

WILLIAM BROWN AND CO.,
R. C. MOODIE,
} Auditors.

STATEMENT OF ASSETS AND LIABILITIES, 31st December, 1908.

ASSETS.
£ s. d. £ s. d.
Cash in bank .. .. 557 5 10
Less cheques outstanding 22 16 2
534 9 8
Fixed deposits .. .. .. 12,000 0 0
Accrued interest .. .. .. 207 11 8
Debentures .. .. .. 33,240 0 0
Accrued interest .. .. .. 618 13 4
Loans on mortgage .. .. .. 70,107 3 0
Accrued interest .. .. .. 956 14 9
Rent Account .. .. .. 12 10 0
Land and building .. .. .. 2,977 1 4
Insurance premiums due .. .. .. 17 7 6
£120,671 11 3

LIABILITIES.
£ s. d.
Due to 2,404 depositors .. .. 106,620 16 0
Property Suspense Account .. .. 1,173 14 0
Due to Loan Interest Account .. .. 12 5 0
Due to Insurance Premium Account .. .. 0 5 0
Assets in excess of liabilities .. .. 12,864 11 3
£120,671 11 3

G. L. DENNISTON,
Vice-President.
FRED. SMITH,
Manager.

We have seen the securities of the above assets, and have compared the depositors’ ledger balances.

WILLIAM BROWN AND CO.,
R. C. MOODIE,
} Auditors.

PROFIT AND LOSS ACCOUNT for Twelve Months ending 31st December, 1908.

1908. Dr.
      £ s. d.
      Dec. 31. To Interest credited to depositors .. 3,407 5 9
      Interest on overdraft, National Bank .. .. 6 17 9
      Charges (including rent of office, Manager’s salary, and Trustees’ fees) .. .. 1,090 6 1
      Land and building, amount written off .. .. 100 0 0
      Balance .. .. 12,864 11 3
      £17,469 0 10

1909. Cr.
      £ s. d.
      Dec. 31. By Balance .. .. 11,919 16 8

1910. Dec. 31. By Interest on loans .. .. 3,438 0 2
      ” bank deposits .. .. 424 7 0
      ” debentures .. .. 1,484 0 0
      Rents .. .. 202 0 0
      Fines. .. .. 0 17 0
      £17,469 0 10
      By Balance .. .. £12,864 11 3

G. L. DENNISTON,
Vice-President.
FRED. SMITH,
Manager.

Audited and found correct.

WILLIAM BROWN AND CO.,
R. C. MOODIE,
} Auditors.
Dunedin, 20th January, 1909.

Invercargill Savings-bank Balance-sheet for 1908.

RECEIPTS and Payments of the Invercargill Savings-bank for the Year ending the 31st December, 1908:—

RECEIPTS.
£ s. d.
Cash on hand, 1st January, 1908 .. .. 11,016 15 0
Amount lodged by depositors .. .. 30,792 6 0
Interest added during the year .. .. 19 11 5
Interest added, 31st December, 1908 .. 1,073 4 7
Interest received on mortgages, &c. .. 1,553 19 8
Interest received on deposits in banks .. 260 2 6
Mortgages repaid .. .. 2,435 0 0
£47,150 19 2

PAYMENTS.
£ s. d.
Repaid depositors .. .. .. 30,847 18 9
Interest credited depositors .. .. 1,092 16 0
Invested on mortgage .. .. 5,955 0 0
Cash in National Bank of New Zealand .. 563 11 1
Deposits in National Bank of New Zealand .. 7,259 18 0
Cash in Post-Office Savings-Bank .. 500 0 0
Cash on hand .. .. 476 14 9
Paid sundries .. .. 9 0 1
Charges Account .. .. 395 11 6
Paid Auditors’ Fees, 1907 .. .. 14 14 0
Paid Trustees attending meetings .. .. 36 0 0
£47,150 19 2

R. H. BRODRICK, Manager.

We hereby certify that we have examined the above statement of the receipts and payments of the Invercargill Savings-bank, and that to the best of our belief it contains a true and correct statement of all the transactions of the bank during the year, and that the balance in the banks and cash in hand amount to (£8,800 3s. 10d.) eight thousand eight hundred pounds three shillings and ten pence.

ROBERT F. CUTHBERTSON,
JAS. E. HANNAH,
} Auditors.
WM. P. GRIGOR, Vice-President.
JOSEPH STOCK, Chairman,
P. L. GILKISON,
ROBT. TAPPER,
HENRY WILSON,
P. S. BRODIE,
C. J. BROAD,
JOHN MATHESON,
FRED. W. WADE,
} Trustees.

STATEMENT OF ASSETS AND LIABILITIES.

Assets.
£ s. d.
To Amount invested on mortgages, &c. .. 29,614 5 6
Freehold Property .. .. 1,000 0 0
Cash in National Bank of New Zealand .. 563 11 1
Deposits in National Bank of New Zealand 7,259 18 0
Cash in Post-Office Savings-Bank .. 500 0 0
Cash in hand .. .. 476 14 9
£39,414 9 4
To Balance .. .. .. £2,974 4 7

Liabilities.
£ s. d.
By Amount due depositors .. .. 36,440 4 9
Balance .. .. 2,974 4 7
£39,414 9 4

R. H. BRODRICK, Manager.

We do hereby certify that to the best of our belief the above is a true and correct statement of the assets and liabilities of the Invercargill Savings-bank on the 31st December, 1908.

WM. P. GRIGOR, Vice-President.
JOSEPH STOCK, Chairman,
ROBT. TAPPER,
HENRY WILSON,
C. J. BROAD,
JOHN MATHESON,
FRED. W. WADE,
P. S. BRODIE,
P. L. GILKISON,
} Trustees.