The Royal Society Of New Zealand
Minutes of the Annual Meeting of the Council, held 19th May, 1943.
The Annual Meeting of the Council of the Royal Society of New Zealand was held on Wednesday, 19th May, 1943, in the Council Room, Victoria University College, Wellington.
The President, Lieutenant-Colonel Archey, presided.
Roll Call: The following were present:—
President: Lieutenant-Colonel G. Archey.
Vice-President: Dr. H. H. Allan.
Representing the Government: Mr. B. C. Aston, Lieutenant-Colonel E. Marsden, Dr. W. R. B. Oliver.
Representing the Auckland Institute: Mr. A. T., Pycroft, Professor H. W. Segar.
Representing the Wellington Branch: Dr. H. H. Allan, Dr. L. I. Grange.
Representing the Canterbury Branch: Dr. O. H. Frankel.
Representing the Otago Branch: Dr. C. M. Focken, Dr. F. J. Turner.
Representing the Hawke's Bay Branch: Mr. G. V. Hudson.
Representing the Nelson Institute: Dr. D. Miller.
Representing the Southland Branch: Professor W. P. Evans. Co-opted Member: Dr. P. Marshall.
Apologies for Absence: Apologies were received from His Excellency the Governor-General, the Hon. the Minister for Scientific and Industrial Research, the Honorary Treasurer, Mr. M. A. Eliott, Professor E. R. Hudson (Government Representative). Dr. R. A. Falla (Canterbury Branch) was on leave of absence on military duties.
New Member of Council: The President welcomed to the Council Dr. O. H. Frankel, who had succeeded the late Dr. F. W. Hilgendorf as a representative of the Canterbury Branch.
Presidential Address: Lieutenant-Colonel Archey then addressed the meeting, referring first to the loss sustained by the Society by
the deaths of Dr. C. Coleridge Farr, a former President, Dr. F. W. Hilgendorf, Dr. H. G. Denham, and two Honorary Members, Professor Bronislaw Malinowski, and Sir Daniel Hall.
At the conclusion of the address, Dr. Allan, Vice-President, moved that the President be thanked for his excellent address, and that he be asked to allow it to be printed in the Transactions, where it could be perused and the suggestions and recommendations contained in it fully considered. Carried by acclamation:
Notices of Motion: Four Notices of Motion were handed in and set down for consideration later in the meeting.
Hector Award: The following report of the Hector Award Committee was read:—
“…I beg to report on the findings of the Committee for the Hector Medal Award for chemistry.
“After preliminary correspondence I convened a meeting of Professor Evans, Mr Aston, and myself. We unanimously recommended Dr. L. H. Briggs for the award, and Professor Easterfield, who was unable to attend, was in argeement with this selection. I thereupon wrote to Professor Macbeth and have received a letter from him saying that he fully concurs.
Yours very truly,
P. W. Robertson.”
On the motion of Professor Evans, seconded by Mr. Aston, the Committee's recommendation was adopted.
Amount of Prize: On the motion of Professor Evans, seconded by Mr. Aston, it was resolved that the Hector Prize be £50.
Hamilton Memorial Prize: The following report was received from the Hamilton Award Committee:—
“… The Committee, consisting of Professor W. N. Benson, Lieutenant-Colonel G. Archey, and Dr. J. E. Holloway is unanimously of the opinion that the Prize should be awarded to C. A. Fleming.”
“The Committee desires to add that in its opinion the work of each of the two applicants is in itself worthy of the award, but that C. A. Fleming gives evidence of a broader view point.
On the motion of the President, seconded by Dr. Oliver, the report of the Hamilton Award Committee was adopted.
Amount of Prize: On the motion of Professor Evans, seconded by Dr. Marshall, it was resolved that the prize be £5.
Declaration of Vacancies in Fellowship: The following vacancies in the Fellowship were announced:—Dr. C. Coleridge Farr, Dr. F. W. Hilgendorf, Dr. H. G. Denham.
Number of Fellows to be Elected in 1944: On the motion of Lieutenant-Colonel Marsden, seconded by Professor Segar, it was resolved that two Fellows be elected in 1944.
Honorary Membership: An election for two honorary members was then held. As the result of the voting it was announced that Sir Arthur Eddington and Dr Harold Jeffreys had been elected Honorary Members.
Declaration of Vacancies in Honorary Membership: The following vacancies were announced: Professor Bronislaw Malinowski and Sir Daniel Hall. It was resolved that these two vacancies be filled in 1944.
Member Bodies' Reports and Balance Sheets: The following reports and balance sheets were laid on the table:—
Auckland Institute for the year ending 31st March, 1942.
Wellington Branch for the year ending 30th September, 1942.
Canterbury Branch for the year ending 31st October, 1942.
Otago Branch for the year ending 31st October, 1942.
Hawke's Bay branch for the year ending 31st March, 1943.
Nelson Institute for the year ending 31st December, 1942.
Southland Branch for the year ending 31st March, 1943.
Report of Standing Committee: On the motion of Mr. Aston, the following report of the Standing Committee was adopted.
Report of the Standing Committee for-the Year ending March 31st, 1943.
Meetings: Eight meetings of the Standing Committee were held during the year, the attendance being as follows:—The President, Lieut.-Col. Archey, Auckland, 2; Dr. H. H. Allan, Wellington, 8; Mr. B. C. Aston, Wellington, 8; Professor W. P. Evans, Wellington, 7; Dr. L. I. Grange, Wellington, 7; Mr. G. V. Hudson, Wellington, 6; Lieut.-Col. Marsden, Wellington, 1; Dr. P. Marshall, Wellington, 7; Dr. W. R. B. Oliver, Wellington, 6.
Council: At the beginning of the year Professor W. P. Evans was appointed to represent the Southland Branch. On September 24th, 1942, Dr. F. W. Hilgendorf, one of the representatives of the Canterbury Branch, died, and the branch subsequently appointed Dr. R. S. Allan to succeed him. Dr. R. S. Allan has since resigned, and his successor has not yet been appointed. Apart from these changes, the Council remains the same as last year.
Obituary: It was with deep regret that the Standing Committee learned of the death of Dr. F. W. Hilgendorf. The following resolution, passed at a meeting of the Standing Committee held on October 22nd, 1942, was sent to his relatives:—
“That the Standing Committee records its sense of the loss sustained by the Royal Society of New Zealand by the death of Dr. F. W. Hilgendorf and its high appreciation of his services to education and his contribution to the advancement of science by his valuable and important researches and by his devoted attention to the affa [ unclear: ] s of the Society both in the Council as a valued colleague and in the Canterbury Branch as sometime President and member of the Council. It further extends to his sons its sincere sympathy in their bereavement.”
It is with great regret that the death on January 27th, 1943, of Dr. C. Coleridge Farr, a former President of the Society and for some years a member of the Council, is recorded. The sympathy of the Society was extended to his relatives.
Two other outstanding members of the Society have also died during the past year—Dr. H. G. Denham, a member of the Canterbury Branch and Chairman of the Council for Scientific and Industrial Research, and Mr J. Scott Thomson, of Dunedin, well known in botanical circles.
Publications: Part 4 of Volume 71 and the first three parts of Volume 72 have been published at a cost of £538 18s 8d. Part 4 of Volume 72 is in the press, and should be distributed before the annual meeting in May.
The Honorary Editor, Dr. J. Marwick, or his Associate Editor, Dr. C. O. Hutton, has attended meetings of the Standing Committee whenever publication matters were under discussion.
In view of the necessity of conserving paper, the Standing Committee decided that plates should be printed on both sides of the page, instead of on one side only. This will result in a reduction of 4s 6d per page in the printing of the plates.
The Wellington Branch requested that the recently imposed rule that no paper the estimated cost of which exceeds £20 will be accepted for publication in the Transactions might be reconsidered. A sub-committee was set up to consider the matter, and its report will come before the Standing Committee at its meeting in May.
Arrangements have been made for Obituary Notices of Sir Arthur Hill, Mr. R. M. Laing, Dr. F. W. Hilgendorf, Dr. C. Coleridge Farr, and Dr. H. G. Denham to be published in the Transactions.
Library: Exchanges—Owing to war conditions and the cessation of postal communication, 22 countries on the Society's exchange list have been affected. This means the suspension to the Library of 308 publications. Sixteen countries still have contact with the Society, and from these publications totalling 440 are received at more or less regular intervals. One or two institutions have decided, owing to the risk of loss in transit, to withhold distribution until after the war, but there have been comparatively few losses due to enemy action.
Presentations—Professor C. A. Cotton has presented to the Library copies of his four books. Geomorphology of New Zealand (two editions), Landscape as Developed by the Process of Normal Erosion (1941), Climatic Accidents in Landscape-making (1942).
Research Books—The late Dr. Denham purchased under a grant from the Royal Society the following books, which have now been deposited in the Library:—Coal Tar Distillation (Warne), Low Temperature Carbonisation of Bituminous Coals (McCullock), Analyses of Coal and Its By-Products ( [ unclear: ] lingworth), Constituents of Coal Tar (Spielman), Conversion of Coal into Oils” (Fischer), Utilisation of Low Grade and Waste Fuel (Goodrich).
Binding—The binder has in hand 40 volumes for binding. In normal times these would have been completed some time ago, but, owing to the difficulty of his obtaining assistance, the work has been delayed and the instruction of the last annual meeting that £50 be expended on binding in the current year has not been carried out.
The President, Lieut.-Col. Archey, donated to the Library Binding Fund the amount of his annual meeting travelling expenses, namely, £6 8s 6d.
Member Bodies: The annual report and balance sheets of the following member bodies have been received:—
Auckland Institute for the year ending March 31st, 1942.
Wellington Branch for the year ending September 30th, 1942.
Canterbury Branch for the year ending October 31st, 1942.
Otago Branch for the year ending October 31st, 1942.
Nelson Institute for the year ending December 31st, 1942.
Hawke's Bay Branch for the year ending March 31st, 1943.
Southland Branch for the year ending March 31st, 1943.
The reports and balance sheets have been sent to the Hon. Treasurer for report.
Fellowship F.R.S.N.Z.: Dr. L. H. Briggs and Dr. L. L. Grange were gazetted Fellows of the Royal Society of New Zealand on August 6th, 1942. The amendment to the Fellowship Rule (6B) passed at the last annual meeting was gazetted on August 6th, 1942 (No. 74).
No vacancies were declared at the annual meeting, so no election will take place at the next annual meeting. At that meeting three vacancies will have to be announced.
Honorary Membership: Field Marshal J. C. Smuts, who was elected an Honorary Member at last annual meeting, wrote stating that he “much appreciated the honour of being associated with the Royal Society of New Zealand, which had such a distinguished scientific record and many of whose members are and have been outstanding ornaments of science.”
To fill the vacancies caused by the deaths of Sir Arthur Hill and Sir William Bragg. member bodies were asked on September 10th to submit nominations, and seven have been received. The election will take place at the annual meeting.
Hector Award: The presentation of the Hector Medal and Prize to Dr. H. H. Allan was made by the President, Lieut.-Col. Archey, at the July meeting of the Wellington Branch.
Hutton Memorial Fund: The amendment to the Hutton Memorial Fund rules (No. 5) made at the last annual meeting was gazetted on August 6th, 1942 (No. 74). No applications for grants from the fund have been received.
T. K. Sidey Summer-time Fund: The amendments to the T. K. Sidey Summer-time Rules which were made at the last annual meeting, namely Rule 1 and the addition of a new Rule, No. 7, were gazetted on August 6th, 1942 (No. 74).
Hamilton Award Committee: In accordance with a resolution passed at last annual meeting, the Standing Committee elected the following Hamilton Award Committee to recommend an award to the annual meeting in May:—Rev. Dr. J. E. Holloway (convener), Lient.-Col. Archey, and Professor W. N. Benson. Two applications for the Hamilton Prize were received.
Plant Diseases Trust: As it was resolved at last annual meeting to accept the trust offered anonymously for work to be carried out at the Plant Diseases Division in Auckland, the Standing Committee, at its meeting on June 26th, set up the following sub-committee to draw up rules under which the new trust should be administered:—Dr. Allan (convener), Professor Evans, Lient.-Col. Marsden.
A cheque for £542 13s 5d was received from Lieut.-Col. Marsden on behalf of the donor, and £500 was immediately invested in the Liberty Loan then being opened. The balance was deposited in the Post Office Savings Bank, a Plant Diseases Trust Account having been opened there.
The following rules, drawn up by the sub-committee, were approved at a meeting of the Standing Committee held on July 14, 1942, and were gazetted on August 6th, 1942 (No. 74).
F.VII.—Rules Relating to Plant Diseases Trust.
1. Grants from the Trust shall be in accordance with the terms set out in the Declaration of Trust, and shall be made by the Standing Committee of the Council at any of its regular meetings, or by the Council at its annual meeting.
2. Except under special circumstances grants shall be made from the income only derived from the Trust Fund.
3. Member bodies shall be asked to draw the attention of their members at the beginning of each year to the existence of the fund.
4. Every candidate for a grant shall send to the Secretary of the Society an application for such grant, together with a statement of the purpose for which it is proposed to utilize the grant, the amount desired, and the qualifications of the candidate to carry out the work.
- 5. Persons qualified to apply for a grant shall be—
(a) Botanists or zoologists not on the staff of the Plant Research Bureau of the Department of Scientific and Industrial Research wishing to carry out work at the Plant Diseases Division headquarters or subsidiary stations;
(b) Botanists or zoologists, whether on the regular staff of the Plant Research Bureau or not, wishing to perform field work in aid of the Division, and needing assistance for travelling expenses.
(c) The Director of the Plant Diseases Division of the Plant Research Bureau, on his own behalf or on behalf of any botanist or zoologist, for any specified project that is a legitimate activity of his Division.
6. The Standing Committee or the Council at its annual meeting shall, if it deems necessary or advisable, consult the Director of the Plant Diseases Division in determining whether to make a grant to any candidate or not.
7. Every recipient of a grant shall report to the Council, through its Secretary, within a month after the completion of the work, showing how the grant has been expended. His report shall be accompanied by one from the Director of the Plant Diseases Division.
Loder Cup: The Society nominated Mr. A. W. Wastney, of Nelson, for the Loder Cup in recognition of his umivalled knowledge of the botanical resources of the Nelson Province and the valuable wok he has done in demonstrating methods of collecting, storing, and distributing seed of native plants, and the Loder Cup Committee awarded the 1942 cup to Mr. Wastney.
Wild Life Control: Dr. Falla and Dr. Turner endeavoured to carry out the last annual meeting's instruction to convey to the Prime Minister in person the resolution which had been passed at that meeting regarding the administration of wild life matters. Owing, however, to his engagements, the Prime Minister was unable to be interviewed. The resolution was, therefore, conveyed by letter, and a reply under date of June 5th to the effect that it would receive careful consideration was received.
Subsequently correspondence was received from Mr. L. E. Richdale aul from the N.Z. Educational Institute at the instigation of Mr. Richdale regarding more adequate control of bird life and suggesting that a deputation should wait on the Prime Minister. The Standing Committee resolved to ask Dr. Falla to prepare the subject matter for such a deputation, in which other interested bodies such as the Forest and Bird Protection Society and the N.Z. Educational Institute should be asked to co-operate.
Dr. Falla forwarded material for the basis of a deputation, and the matter was referred to the Wild Life Control Committee to take action.
Science Teaching in Schools: The proposed syllabus, drawn up by the Education Department, which was referred by the annual meeting to the Standing Committee for consideration, was circulated to members of the Standing Committee and fully discussed at a meeting of the Standing Committee on June 2nd. The Vice-President, Dr. H. H. Allan, conveyed to the Minister of Education the Standing Committee's views on the proposed syllabus.
Carter Observatory Board: The term of office of the Society's representatives on the Carter Observatory Board having expired, Dr. M. A. F. Barnett and Mr. C. G. G. Berry were nominated for a further term on March 4th, 1943.
Valuation of Transactions in Stock: At a meeting of the Standing Committee held on June 26th, 1942, it was resolved to reduce the amount of insurance on the stock of Transactions by £500 and increase the insurance on the Library by that amount.
It was resolved that the estimated property assets shown in the balance sheet for the year ending March 31st, 1942, be not published in the Transactions, and it was further resolved on December 8th, 1942, that the estimated valuation of the Society's assets be not shown in the balance sheet.
Carnegie Corporation of New York: In 1936 the Society approached the Carnegie Corporation of New York for a grant to enable a comprehensive programme of research in New Zealand to be carried out.
This application has been considered by the Corporation from time to time, and a letter dated November 11th, 1942, stated that after consideration of the matter in relation to the current programme of the Corporation the Executive Committee regretted that it did not see its way clear to take favourable action.
National Patriotic Book Auction: In compliance with an instruction from the last annual meeting, a set of unbound parts of Hamilton's Maori Art and Transactions of the Society, Volumes 1, 5, 7-71, were sent to the organisers of the National Patriotic Churchill Book Auction.
The Society and Present-day Problems: At a meeting of the Standing Committee held on July 14th, attended by the President, a general discussion took place on the problems dealt with by Lieut.-Col. Archey in his Presidential Address at the last annual meeting. It was felt that, much as the Society might wish to make greater impact on the national scientific problems created by the war, it was restricted by the necessary secrecy which at the present time had to surround so many of the scientific advances being made.
The Vice-President, Dr. Allan, undertook to follow up one suggestion made [ unclear: ] President, that groups of Fellows in the various centres should meet [ unclear: ] change of ideas and mutual help.
Arising therefrom: Report of Sub-Committee on Publication Expenses.
Dr. Allan moved the adoption of the following report of the Sub-Committee set up by the Standing Committee:—
“Your Committee met on the 16th March, 1943, and recommends
1. That the rule restricting the total cost of any one paper to £20 remain in force.
2. That the following proviso be added:—‘The Standing Committee may, in cases where it considers special circumstances justify the course, authorise a somewhat increased expenditure.’
3. That it be a recommendation to the annual meeting that the following funds be drawn on to assist in meeting expenses of publication:—
(a) The whole of the proceeds from the sales of publications.
(b) The interest on the Endowment Fund.
(c) The interest on the Cockayne Memorial Fund, for botanical papers of special merit.
H. H. Allan, Convener.”
On the motion of Dr. Turner, seconded by Mr. Pycroft, it was resolved to consider the report clause by clause.
Dr. Turner moved that Nos. 1 and 2 be deleted. As the motion was not seconded, it lapsed.
The President moved the adoption of Nos. 1 and 2. Seconded by Dr. Focken, and carried.
3 (a). On the motion of Lieutenant-Colonel Marsden, seconded by Dr. Grange, 3 (a) was approved.
3 (b). On the motion of Lieutenant-Colonel Marsden, seconded by Dr. Frankel, it was resolved that the amount of £75, interest in the Endowment Fund, be made available, if necessary, for this year's printing expenses.
3 (c). On the motion of Dr. Allan, seconded by Dr. Oliver, 3 (c) was adopted.
Dr. Turner asked if the Hutton Fund could be utilised for publication purposes, and if so, could an additional clause be made to the above report. Professor Evans replied that he considered it unwise to allow the Hutton Fund to be used for publishing the results of researches.
Dr Allan, in supporting Professor Evans, stated that the Subcommittee had considered this matter and had come to the conclusion that under the terms of the Deed of Trust and the Rules of the Hutton Fund it was not permissible to use the Fund for publication purposes.
After some further discussion on the interpretation of the Deed it was moved by Dr Turner, seconded by Dr Focken, that the following clause be added to the Sub-committee's report:—
3 (d). That £100 be made available from the Hutton Fund for publishing papers on botany, zoology, and geology.
It was moved by the President and carried that Dr Turner's motion be accepted as a Notice of Motion and considered later in the meeting.
Science Teaching in Schools: Professor Segar asked what action had been taken in regard to the society's recommendations on science teaching in schools. The President replied that the proposed syllabus submitted by the Educatior Department had been referred by the last annual meeting to the Standing Committee for consideration. Dr Allan reported that the syllabus had been fully considered by the Standing Committee in detail, and in its opinion it was too ambitious and gave insufficient attention to simple observational studies. The opinions of the members of the Standing Committee had been reported to the Director of Education.
On the motion of the President, seconded by Dr Focken, it was resolved that the findings of the Standing Committee on the proposed syllabus be forwarded to members of the Council.
Hon. Treasurer's Report: In the absence of the Honorary Treasurer, the President moved the adoption of the report and balance sheet and statements. Seconded by Dr Allan and carried.
Report of the Honorary Treasurer.
The statement of assets and liabilities shows a nominal balance of assets over liabilities of £692 8s 8d, as compared with £664 5s 4d in 1942; but, owing to the omission of any value being assessed on the Society's library, stocks, furniture, etc., this statement does not show the true position, and in my opinion is misleading. The Society has assets insured for £3340, yet no mention of these assets is made on the balance sheet.
In any company or trading concern such an omission would be immediately challenged by the Auditor, and any shareholder would have good grounds for legal action.
The Endowment Fund shows a credit of £2115, as compared with £2011 last year. The cost of printing the Transactions shows a small decrease, £555, as against £611 in 1942.
A new Trust Account. “The Plant Diseases Trust,” with a capital of £500, plus interest £42 13s 5d, appears for the first time. The remaining Trust Accounts are in much the same position and do not call for any special comment.
The books and accounts have as usual been well and accurately kept.
|Member Body.||Members.||Receipts.||Expenditure.||Rule 3.|
|Auckland Institute||572||9620||16||4||9402||14||3||Library, Museum, Levy|
|Wellington Branch||224||177||3||6||291||18||3||Library and Levy|
|Canterbury Branch||238||172||5||3||122||15||7||Library and Levy|
|Hawke's Bay Branch||57||23||2||6||30||17||0||Library and Levy|
|Nelson Institute||814||1436||17||1||1323||17||8||Library and Levy|
|Southland Branch||46||52||4||11||53||19||5||Museum and Levy|
M. A. Eliott, Honorary Treasurer. April 16th, 1943.
The President pointed out that the Audit Department required that the Society's Property Assets be included in the balance sheet, and they had accordingly been shown in their estimated and/or their insured value.
|Balance at March 31, 1942||889||16||5||Otago Daily Times Co.–Col. 71 (4), 72 (1, 2, 3)||555||10||7|
|Levy, Volume 71||187||0||0||Charges (Insurance, Telephone, Audit, etc.)||26||6||9|
|Sales of Publications||13||3||3||Petty Cash (Secretary, Editor, Treasurer)||10||12||6|
|Travelling Expenses: Member Bodies' Share||23||10||6||Travelling Expenses||26||18||10|
|Interest on P.O. Savings Bank Account||15||1||5||Stationery||3||6||0|
|Plant Diseases Trust Account||542||13||5||Plant Diseases Trust: Part Capital Invested||500||0||0|
|Endowment Fund Interest||77||1||8||Plant Diseases Trust P.O. Savings Bank Account||42||13||5|
|Hector Memorial Fund Interest||52||7||6||Endowment Fund: Interest Invested||150||0||0|
|Hutton Memorial Fund Interest||70||3||0||Hamilton Memorial Fund Invested||60||0||0|
|Carter Library Legacy Interest||6||11||3||Hutton Grants||47||2||6|
|T. K. Sidey Summer-time Fund Interest||23||15||8||Hector Prize and Engraving Medal||50||7||3|
|Cockayne Memorial Fund Interest||11||13||10||Audit Trust Accounts||1||7||6|
|Hamilton Memorial Fund Interest||3||12||6||Trust Funds paid direct to P.O. Savings Bank Accounts||148||7||7|
|Adjustments between Trust Accounts and Bank of N.Z.||160||4||9||Adjustments between Bank of N.Z. and Trust Accounts||11||8||8|
|Balance as Under||867||13||7|
|Bank of New Zealand||311||6||1|
|Less Unpresented Cheque||246||17||6|
|Post Office Savings Bank||796||15||0|
|Petty Cash in Hand||6||10||0|
|Hector Memorial Fund Capital Account||1.184||18||1||Inscribed Stock||6,178||2||6|
|Hector Memorial Fund Revenue Account||83||2||8||Bank of New Zealand||64||8||7|
|Hutton Memorial Fund Capital Account||1,506||8||6||Post Office Savings Bank||796||15||0|
|Hutton Memorial Fund Revenue Account||276||16||10||Petty Cash in Hand||6||10||0|
|T. K. Sidey Summer-time Fund Capital Account||532||0||11||Sundry Debtors||90||5||1|
|T. K. Sidey Summer-time Fund Revenue Account||112||19||7||Hector Memorial Fund P.O. Savings Bank Account||83||2||8|
|Cockayne Memorial Fund Capital Account||249||12||0||Hutton Memorial Fund P.O. Savings Bank Account||276||16||10|
|Cockayne Memorial Fund Revenue Account||66||4||5||T. K. Sidey Summer-Time P.O. Savings Bank Account||144||18||0|
|Hamilton Memorial Fund Capital Account||71||9||10||Cockayne Memorial Fund P.O. Savings Bank Account||66||4||5|
|Hamilton Memorial Fund Revenue Account||5||17||0||Hamilton Memorial Fund P.O. Savings Bank Account||17||6||10|
|Carter Library Legacy Capital Account||162||19||0||Carter Library Legacy P.O. Savings Bank Account||0||7||8|
|Plant Diseases Trust Capital Account||542||13||5||Carter Library Legacy owed to R.S.N.Z.||3||11||5|
|Endowment Fund Capital Account||2,014||2||5||Plant Diseases Trust P.O. Savings Bank Account||42||13||5|
|Endowment Fund Revenue Account||101||2||3|
|Research Grants Fund||122||0||6|
|Balance of Assets over Liabilities||692||8||8|
|Estimated Value.||Insurance Value.|
|Library and Stack Room, Victoria University College||11,592||12||0||4,500||0||0|
|Stock in Store Room, Parliament Buildings||500||0||0|
|Carter Library, Dominion Museum (jointly owned with Dominion Museum)||500||0||0|
|To Printing Transactions, Vol. 71 (4), 72 (1, 2, 3)||555||10||7||By Balance at March 31, 1942||664||5||4|
|" Stationery||3||6||0||" Annual Grant||750||0||0|
|" Salary||325||0||0||" Levy||188||15||0|
|" Petty Cash (Secretary, Treasurer, Editor)||10||12||6||" Sales of Publications||28||4||3|
|" Charges (Insurance, Telephone, Audit, etc.)||26||6||9||" Trust Funds Administration Expenses||5||0||0|
|" Sales credited to Endowment Fund||13||3||3|
|" Travelling Expenses||9||16||10|
The Audit Office, having examined the Balance Sheet and accompanying Accounts required by law to be audited, hereby certifies then to be corret.
M. A. Eliott, Hon. Treasurer.
Cyril Collins, Controller and Auditor-General.
Trust Accounts for the Year Ending March 31, 1943.
|To Hector Prize||50||0||0||By Capital Invested||1,184||18||1|
|" Engraving Hector Medal||0||7||3||" Balance Revenue Account 31/3/42||82||7||5|
|" Administration Expenses||1||5||0||" Interest||52||7||6|
|To Grants||47||2||0||By Capital Invested||1,506||8||6|
|" Administration Expenses||1||5||0||" Balance Revenue Account, 31/3/42||255||1||4|
|" Balance||1,783||5||4||" Interest||70||3||0|
|To Administration Expenses||1||5||0||By Capital Invested||500||2||6|
|" One-tenth Interest to Capital||2||7||7||" Capital in P.O.S.B.||31||18||5|
|" Balance||645||0||6||" Balance Revenue Account, 31/3/42||92||16||£|
|To Administration Expenses||0||5||0||By Capital Invested||60||0||0|
|" Half Interest to Capital||1||16||3||" Capital in P.O.S.B.||11||9||10|
|" Balance||77||6||10||" Balance Revenue Account, 31/3/42||4||5||9|
|To Balance Revenue Account, 31/3/42||9||7||8||By Capital Invested||162||19||0|
|" Administration Expenses||0||15||0||" Interest||6||11||3|
|" Balance||163||6||8||" Balance Loan from R.S.N.Z.||3||19||1|
|To Administration Expenses||0||2||6||By Capital Invested||249||12||0|
|" Balance||315||16||5||" Balance Revenue Account, 31/3/42||54||13||1|
|By Capital Invested, 1942||500||0||0|
|" Capital in P.O.S.B.||42||13||5|
|To Interest Invested||150||0||0||By Capital Invested||2,014||2||5|
|" Administration Expenses||1||10||0||" Balance Revenue Account, 31/3/42||147||5||11|
|" Balance||2,115||4||8||" Interest||77||1||8|
|" Interest, General Account||15||1||5|
|" Sales of Publications||13||3||3|
Hon. Editor's Report: On the motion of Dr. Allan, seconded by Mr. Hudson, the report of the Hon. Editor was adopted.