DRAFT.
412
Land Sales on the one side, and extraordinary Expenditure on the other side, there was a surplus of about $130,000 which however only just sufficed to wipe off the debit balance existing between the Liabilities and Assets at the beginning of 1896. It follows therefore that the item mentioned in paragraph 7(1) of your despatch under acknowledgment, viz: the sum obtained by the sale of Marine Lot 278, which took place in 1896, has already been used to clear off existing liabilities, and cannot be regarded as available towards any future expenditure.
4.
I shall be glad to be informed (1), as regards the revenue side of the question; what is the estimate of the premia to be derived from the sale of
DRAFT.
- ing
412
Land Sales on the one side, and extraor-
dinary Expenditure on the other side,
there was a surplus of about $130,000
which however only just sufficed to wipe
off the debit balance sxisting between
the Liabilities and Assets at the be-
ginning of 1896. It follows therefore
that the item mentioned in paragraph
7 (1) of your despatch under acknowledg-
ment, viz: the sum obtained by the sale
of Marine Lot 278, which took place in
1896, has already been used to clear off
existing liabilities, and cannot be re-
garded as available towards any future
expenditure.
4.
I shall be glad to be informed
(1), as regards the revenue side of
the question; what is the estimate of
the premia to be derived from the sale
of
No comments yet.
Private notes are available after approval.