406
matters of mere account
hand
the receipt of
advances of loans,
whether from the
"Special fund"
or
others, being shown
separately,
there would
be no danger of
misapprehension.
12. With regard to
the expenditure of
sums drawn from this
accumulated surplus
in the ordinary account
it seems fair to
conclude that only
in the absence
of such surplus, such expenditure
would not be incurred
and would be met
by a debenture
loan or by current
406
matters of mere account
hand
the receipt of
afinditions of loans,
whether from the
"Special fund"
다
others, being shewn
separated,
there would
danger of
misapprehension.
12. With regard to
the cxpenditure of
hums drawn pous this
accumulated suplus
the ordinary account
it seems fair 5
conclude that onl
Caf dit in the
abrence
y
Ja ta
surpless, such expenditure
would not be inscursed
would be wat
a debenture
loan or by ciscreand
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