Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1888-03-23
AGRICULTURAL SOCIETY.
SPEED PROGRAMME FOR THE
STATE FAIR.
Report of the Expert Upon the
Books of the Secretary,
Ed. r. Smith.

The State Board of Agriculture met yes
terday at the Secretary's Office, in this city,
for the purpose of arranging the premium
list, speed programme, and preparing in
general the necessary preliminaries for the
State Fair of 1888.
President Shippee presented the follow.
ing official report of the expert upon the
affairs of the Secretary
STOCKTON. January IS, 1888.
Hon L. U. Shippee, President STATE agricultural
SOciay-SIR: The undersigned, having been re-
the books and accounts of the Secretary of the
State Agricultural Society, beg leave to submit
the following report:
Our work began with the fiscal year COM
mencing February l, 1881, and our study and
examination of the books, accounts, and all
financial transactions of the Society extending
from that date up to and including December
81, 1887.
We had full access to all the books and ac-
counts of the Society, and to any and all memo
randa desired or asked for, and we believe made
complete and thorough examination.
The source of receipts of the Society was a
matter that received our closest attention. and
it was found that everything was accounted for
with the exception OF the sum of 40 cents
S3,O37 % on September 10, 1882 being entered up
as 3,057 80.
All disbursements are represented by correct
vouchers. produced by the Secretary and thor
oughly examined by us. but we found that
voucher No loo, of 1888, showed the following
amount paid and receipted,.S I7 &C. and charged
up as SIS o. leaving a balance in favor of the
Secretary of s. 20.
The system of keeping the accounts adopted
IN August, 1881, and pursued to the date of the
termination of our wtrk, is as nearly complete
as may be. especially considering the fact of the
volume of business necessary to be transacted
and the handling of large and small sums of
money, during the limited space of time per-
mitted by the State Fair.
The system used for the receipts and disburse-
ments OF moneys that pertained TO speed con-
tests is particularly creditable to the officer
pOnsible, no error being found that was detri-
mental TO the Society. and only one that could
be 10 its patrons, and that was corrected imme-
disteiy after its discovery, and the proper
voucher shown for it.
We find the following amount, $685. of premi-
ums unpaid and unchanged for the interim be-
tween 1881 and 1857.
All other claims and accounts appearing
against the Society, exclusive of those shown in
the profit and loss account and balance sheet
for 1887, are paid, and vouchers on file.
We append herewith q full statement of the
receipts and disbursements, together vita profit
and loss accounts for each year, showing in the
latter account loss Of IS 2S5 60 on December
81 1887, being the net loss for the wears 1881 to
1887. inclusive.
We find that the amounts of the appropria-
tons received from the State of California are
from 1881 TO date, 81 800; that the amount paid
for premiums was 1895 Sc, and further, that
the disbursements on account of permanent
improvements made by the society," exclusive
OF the appropriations made by the citizens of
Sacramento and of the State of California for
the building of the pavilion, to have been
ST., $50 81.
We inclose herewith the balance sheets for
the several years named in this report, with our
signatures attached to each, which have been
in our possession since proof. Respectfully SUBJ
mltted ARTHUR W. BELL.
J. NJ. La RUE
Accountants.