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Table XI.

QUEEN'S COLLEGE.

Morrison Scholarships-Senior and Junior.

Income and Expenditure Account for the year ending 31st December, 1924.

Expenditure.

$ c.

Income.

$ c.

To Scholarships

1,233.85

By Balance from 1923

2,560.72

22

Balance, Cash at

""

Income from Dock,

Bank

3,382.71

Lands, Electrics.

2,000.75

Bank Interest

55.09

Liabilities.

Capital......

$ 4,616.56

Balance Sheet, 31st December, 1924.

$4,616.56

$ c.

Ássets.

$

C.

34,157.71

26" Dock" Shares at

$150

3,900.00

24

100 Land" Shares at

$107

10,750.00

375 "Electric" Shares

at $43.00............................

16,125.00

Cash at Bank

3,382.71

$34,157.71

$ 34,157.71

E. RALPHS,

Inspector of English Schools.

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