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Table XIV.

QUEEN'S COLLEGE.

The “Ho” Scholarships.

(Comprising Wright, Alfred May, Ho Tung, Ho Kam Tong

and Ho Fook Scholarships.)

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

Expenditure

To Scholarships....

$

C.

""

Balance, Cash at

Bank

1,793.36

Income

$

370.00

370.00 By Balance from 1923 ...1,591.50

Quarterly Cheques

from Messrs. Linstead and Davis

Bank Interest.

"J

541.19

30.67

$2,163.36

Balance Sheet, 31st December, 1924.

$2,163,36

Liabilities

$ c.

Assets

*9

Capital

.8,793.36

$7,000 invested in Mort- gages by Messrs. Linstead and Davis

..7,000.00

Cash at Bank

1,793.36

$8,793.36

$8,793,36

E. RALPHS,

Inspector of English Schools.

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