......
Li
444
kindly give the nature and amount of such liability
for valuation by me.
27.
The audited amount of the fund (expressed entirely in and c. according to the agreed rate of exchange) should be stated to me as on the 31/12/08:
it should first be increased (if this has not already been done) by any sums (such as interest or contribu- tions) which become due prior to or on the 31/12/08; but had not then been received; anu (similarly) diminished by any sums (such as instalments of pen- sions, refunds of part of any contributions, ana expenses) which were payable prior to or on the 31/12/08 but had not then been discharged.
1st January 1909.
(Sd) T.E.Young.
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Private notes are available after approval.