AnnualReport-1919

# Table X.

The Lugard Scholarship.

Income and Expenditure Account for the year ending 31st December, 1919.

Expenditure.

To Scholarships.

$ c. 345.00

Balance, Cash at

Income.

$ c. 1,394.14 By Balance from 1918 59 Bank 1,554.95 480.00 Interest on Dividends 25.51 Interest on Current Account $1,899.95

Balance Sheet, 31st December, 1919.

$1,899.95

Liabilities.

C.

Assets.

$ C. Capital 9,554.95 Debentures, (in custody of Hongkong & Shanghai Bank)... 8,000.00 Cash at Bank 1,554.95 $9,554.95 $9,554.95

E. RALPHS,

Inspector of English Schools.