O 50
Table IX.
The Lugard Scholarship.
Income and Expenditure Account for the year ending 31st December, 1922.
$ $ Expenditure. Income. To Scholarships 330.00 By Balance from 1921 1,824.22 Income from Investments 1,500 Shares H.K. 6% War Loan...... 1,510.50 "" "" Balance, Cash at Bank 480.00 "" 516.44 Interest on Current Account • 52.72 330.00 $2,356.94Balance Sheet, 31st December, 1922.
$ $ Liabilities. Assets. c. C. Capital 10,026.94 Debentures, (in custody of Hongkong & Shanghai Bank)... 8,000.00 (Scholarship Fund.) $10,026.94 1,500 Shares H.K. War Loan 1,510.50 Cash at Bank 516.41 $10,026.94 $2,356.94E. RALPHS,
Inspector of English Schools.
O 50
Table IX.
The Lugard Scholarship.
Income and Expenditure Account for the year ending 31st December, 1922.
$
Expenditure.
To Scholarships
330.00
1,500 Shares H.K.
""
Income.
$
By Balance from 1921 1,824,22
Income from In-
C.
6% War Loan...... 1,510.50
Balance, Cash at
""
Bank
vestments
480.00
""
516.44
Interest on Cur-
rent Account
•
52.72
$2,356.94
Balance Sheet, 31st December, 1922.
Liabilities.
$
c.
Capital
10,026.94
(Scholarship Fund.)
$10,026.94
$2,356.94
Assets.
Debentures, (in custody
of Hongkong &
C.
Shanghai Bank)... 8,000.00
1,500 Shares H.K.
War Loan
Cash at Bank
1,510.50
516.41
$10,026.94
E. RALPHS,
Inspector of English Schools.
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