United engineering society: Extracts from report of treasurer for calendar year 1919

The Surplus Account on December 31, 1918 showed a balance of $5,533.43. This amount has been increased by the surplus from the operating accounts during the year of $9,557.28 making a total on December 31, 1919 of $15,090.71. Of this amount $10,000.00 has been transferred to Depreciation and Renewal Fund, leaving a balance in Surplus Account of $5,090.71.