48
Table XII.
THE "HO" SCHOLARSHIPS.
(Comprising Wright, A. J. May, Ho Tung, Ho Kam-tong, and Ho Fook Scholarships.)
Income and Expenditure Account for the year ending 31st December, 1927.
Expenditure.
$ c. Income. $ c. 420.00 By Balance from 1926. 2,093.40 To Scholarships " Quarterly cheques from Messrs. Linstead and Davis 5,000.00 33 +1 H.K. Public Works Loan Balance, Cash at Bank 2,519.28 Mortgage paid off 5,265.00 Bank Interest 42.43 $7,939.28 $7,939.28Balance Sheet, 31st December, 1927.
Liabilities. $ Assets. $ c. Capital 15th March, 1928. 9,254.28 H.K. Govt. 6% Public Works Loan 5,000.00 Mortgage by Messrs. Linstead and Davis 1,785.00 Cash at Bank 2,519.28 $9,254.28 $9,254.28A. H. CROOK.