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Salient. An Organ of Student Opinion at Victoria College, Wellington, N.Z. Vol. 13, No. 14. July 13, 1950

Balance Sheet

Balance Sheet

It was moved by Mr. N. O'Brien that the Balance sheet be taken as read, but the meeting objected.

Mr. McIntyre questioned the £46/8/- grant to WFDY. He said that the original grant had been £30. It was explained that the excess had been affiliation fees and so on.

Mr. Cotton. If the Association had not spent £46/8/6 on WFDY we would have made a profit, Instead of a loss.

Chairwoman. If the Association had not spent any money at all, the profit would have been enormous.

The balance sheet was adopted, and Miss Pearce left the chair to Mr. Heath.