1668
THE NEW ZEALAND GAZETTE.
[No. 48

Eastbourne Borough Council under the above-mentioned Act, for the purpose of installing a water and sewerage system in the borough, the said Eastbourne Borough Council hereby makes and levies a special rate of two and seven-eighths pence in the pound upon the rateable value (on the basis of the unimproved value) of all rateable property in the Borough of Eastbourne, and that such special rate shall be an annual-recurring rate during the currency of such loan, and be payable yearly on the first day of August in each and every year during the currency of such loan, being a period of twenty years, or until the loan is fully paid off.

The above resolution was passed at a meeting of the Eastbourne Borough Council held on Thursday, the 7th day of July, 1932.

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C. L. BISHOP, Town Clerk.

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DISSOLUTION OF PARTNERSHIP.

NOTICE is hereby given that the Partnership heretofore subsisting between the undersigned CATHERINE IDA BREWSTER, of Napier, and HERBERT THOMAS NICHOL, of Bay View, in the business of sheep-farmers, as carried on by them at Waipunga, near Napier, under the style or firm of “Nichol & Company,” has been dissolved by mutual consent as from the 1st day of October, 1930.

All moneys owing to the said firm will be received and all debts owing by the said firm will be paid by the said Catherine Ida Brewster.

Dated at Napier, this 14th day of June, 1932.

C. I. BREWSTER.
H. T. NICHOL.

INVERCARGILL SAVINGS-BANK.

RECEIPTS and Payments Account for the year ended 31st March, 1932:—

RECEIPTS.
£ s. d.
To Cash in hand and at banks, 1st April, 1931 31,615 14 10
Amount lodged by depositors .. 787,173 3 10
Interest added during year .. 984 1 1
Interest added at 31st March, 1932 .. 24,073 19 11
Interest received on mortgages .. 21,831 16 2
Interest received on F.D.R.’s .. 1,302 10 0
Interest received on Inscribed Stock .. 387 9 11
Bank Premises Rents Account .. 233 10 10
Mortgages repaid during year .. 24,912 2 8
Sale of Inscribed Stock .. 6,000 0 0
Property charges .. 819 19 7
Insurance premiums .. 17 3 10
Valuation fees .. 3 1 0
Exchanges and Fines .. 2 15 9
£899,357 9 5

PAYMENTS.
£ s. d.
By Invested on first mortgage during year .. 251 1 3
Repaid depositors .. 814,100 6 1
Interest credited to depositors .. 25,058 1 0
Charges Account .. 5,682 2 8
Property Suspense Account .. 1,177 18 9
Bank furniture .. 230 13 4
Property charges .. 877 12 7
Insurance premiums .. 39 11 1
Valuation fees .. 12 12 0
Exchanges .. 18 6
Cash in hand and at Banks .. 51,926 12 2
£899,357 9 5

PROFIT AND LOSS ACCOUNT FOR YEAR ENDING 31ST MARCH, 1932.

Dr.
£ s. d.
To Interest paid during year .. 984 1 1
Interest paid at 31st March, 1932 .. 24,073 19 11
Charges Account .. 5,682 2 8
Suspense Account .. 87 14 0
Depreciation .. 382 19 0
Balance .. 6,632 12 5
£37,843 9 1

Cr.
By Interest on Investments received and accrued .. 37,609 18 3
Bank Premises Rents Account .. 233 10 10
£37,843 9 1

PROFIT AND LOSS APPROPRIATION ACCOUNT.

Dr.
£ s. d.
To Transfer to Interest Suspense Account .. 10,000 0 0
Balance .. 33,986 1 1
£43,986 1 1

Cr.
By Amount at credit of Profit and Loss Account, 31st March, 1931 .. £ s. d.
37,353 8 8
Profit for year .. 6,632 12 5
£43,986 1 1

BALANCE-SHEET AS AT 31ST MARCH, 1932.

Liabilities.
£ s. d.
Amount at credit of depositors .. 676,709 7 8
Property Suspense Account .. 1,306 1 8
Interest Suspense Account .. 10,000 0 0
Profit and Loss Appropriation Account .. 33,986 1 1
£722,001 10 5

Assets.
£ s. d. £ s. d.
Invested on first mortgage 617,155 9 10
Accrued interest 29,855 15 1
647,011 4 11
Bank premises .. 15,250 0 0
Less depreciation .. 250 0 0
15,000 0 0
Bank furniture .. 1,784 2 2
Less depreciation .. 132 19 0
1,651 3 2
Inscribed Stock .. 6,000 0 0
Accrued Interest .. 27 2 5
6,027 2 5
National Bank fixed deposits 30,000 0 0
Accrued interest 385 7 9
30,385 7 9
National Bank and Bank of New Zealand current accounts .. 15,277 0 8
Cash in hand .. 6,649 11 6
£722,001 10 5

N. A. BRODRICK, Manager.
H. R. WILLCOX, Accountant.

We hereby certify that to the best of our knowledge and belief the above is a true and correct balance-sheet.

C. J. BROAD, President.
WILLIAM A. OTT, Deputy-President.
R. H. BRODRICK
W. MACALISTER
JOHN GILKISON
} Trustees.

We, Denniston Cuthbertson and Charles Edward Hannah, being the auditors of the Invercargill Savings-bank, appointed in terms of section 4 of the Savings-banks Amendment Act, 1923, hereby certify—(1) That we are satisfied that the foregoing balance-sheet has been properly drawn up from the books, vouchers, and accounts of the Savings-bank so as to exhibit a true and correct view of the state of the Savings-bank’s affairs as at the date thereof, in accordance with the requirements of the Savings-banks Amendment Act, 1923. (2) That we have verified the cash, investments, securities, and assets of the Savings-bank as at the date of the balance-sheet. (3) That we have obtained all the information and explanations we have required. (4) That the manager has certified that all the requirements of the Savings-banks Act, 1908, and amendments, have been complied with, with the exception of section 18, subsection (1), and section 20.

D. CUTHBERTSON, F.P.A. (N.Z.)
CHAS. E. HANNAH, A.P.A. (N.Z.)
} Auditors.

Approved—
BLEDISLOE, Governor-General.
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