United Engineering Society: Extracts from treasurer´s annual report for year ending December 31, 1918

The Surplus Account on December 31, 1917, showed a balance of $8,116.10. This amount has been increased by the surplus from the operating accounts during the year of $5,417.33, making a total on December 31, 1918, of $13,533.43. Of this amount $8,000.00 has been transferred to Depreciation and Renewal Fund, leaving a balance in Surplus Account of $5,533.43.