The annual meeting of the above Board was held at the office, Prebbleton, at noon on the sth instant. There was a large attend ance. The chairman, Mr H. W. Peryman, read the financial statement and laid the I balance-sheet upon the table, by whioh it ap peared that the balance to the credit of the Board on the Ist January, 1880, was £505 2s 6d, added to which were assets amounting to £22 4* 2d, making a total of £527 6_ B_, against which were liabilities for contracts let and general expenditure amounting to £170 'Ms, leaving a balance of £35612s 8d available. The total receipts were £5036 6s lid, and the expenditure £4531 4s sd. Mr Leadley proposed and Mr Bule seconded —"That the accounts as read be passed. Carried. In ! referring to the expenditure the chairman stated that the Board had taken pains to distribute the expenditure all over the district wherever any work was re quired to be done, without reference to locality. During the past twelve months contracts had been let very cheap, so that an immense amount of work had been performed for the expenditure mentioned in the state ment. As regards the employment of day labor, the Board had employed men who resided in the district in pretessnee to taking on the unemployed of Christohurch. He could congratulate the ratepayers on having the roads of the district nearly all formed, and a greater portion metalled, so that the bulk of the work, except repairs, had been done—in fact bethought that few districts could eampwe favorably in this respect with this Board. He would read a letter he had received from Mr Toaswiil in reference.* to the expenditure of the of the Board for the ensmng twelve months. [Read.] Aa regards Mr Tosswill's suggestion to limit the expenditure to £1000, he w ul 1 say that he did hot think any Board would: submit to be bound down to the expenditure of anj particular amount; but this he would say, that the Board would not spend a farthing more than was absolutely necessary. Mr J. W. 