Investment Account. . $458,825.83 Building Fund 72,990.32 25,000.00 497.43 Accrued Interest on bonds bought March 30, 1910 62.50 Balance MASSACHUSETTS HISTORICAL SOCIETY. GENERAL ACCOUNT-Continued Brought over Less Sale of Publications Interest M. A. Parker Books transferred to Parker Fund Balance Dowse Fund Balance Ellis Fund Balance General Fund Balance Sanford Fund Balance Salisbury Fund Balance C. A. L. Sibley Fund Total Credits Balance at Dr., March 31, 1910 [APRIL, $22,665.70 $7,064.36 $15.601.34 ACCUMULATED INCOME OF FUNDS Cash Received during year March 31, 1909, to March 31, 1910 $24,571.31 Less Accrued Interest on Bonds bought 1910.] The income for the year derived from the investments and credited to the several funds in proportion to the amount in which they stand on the Treasurer's books was nearly six per cent of the funds. The present condition of the Society is shown in detail in the foregoing statements and abstracts, but it may be convenient to give a short summary. The real estate, which is entirely unincumbered, stands on the books at $97,990.32, but is valued by the City Assessors at $197,000. The aggregate amount of the permanent funds is MASSACHUSETTS HISTORICAL SOCIETY. [APRIL, $410,303.53, which together with the unexpended balances and income is represented by securities and deposits and amounts to $458,825.83, as per schedule given above. There is also appended to the report an itemized statement of the several funds of the Society, with the accrued income of each as of April 1, 1910, together with such restrictions upon the use of the principal or income as are found in the bequests or gifts. BOSTON, April 1, 1910. ARTHUR LORD,' Treasurer. REPORT OF THE AUDITING COMMITTEE. The undersigned, a committee appointed to examine the accounts of the Treasurer of the Massachusetts Historical Society, as made up to April 1, 1910, have attended to that duty, and report that they find that the securities held by the Treasurer for the several funds correspond with the statement in his Annual Report. They have engaged the services of Mr. Henry A. Piper, a Public Accountant, who reports to them that he finds the accounts correctly kept and properly vouched, that the balance of cash on hand is satisfactorily accounted for, and that the trial balance is accurately taken from the Ledger. THOMAS MINNS, Committee. BOSTON, April 6, 1910. |