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[[stamped]] BROOKS, BANKS & SMITH CORP., H.W. COMMERCIAL AVIATION, 21 SMITH BLOCK, Telephone 16J FRAMINGHAM, MASS. U.S.A. [[/stamped]] Explanation of Trial Balance. 1. Captain A.R. Brooks $3,600.00 H.F. Banks 3,600.00 C. Oren Smith 3,600.00 Taken out in Capital Stock. 2. R.F. Perkins subscribed $250.00, for which two shares were issued, and fifty dollars credited to him on the books of the Corporation. 3. Brooks $4,000.00 Banks 4,000.00 Smith 4,000.00 Dennison 500.00 Perkins 200.00 Luby 200.00 $12,900.00 --------- 4. Accounts payable as follows; Balance due to Curtiss Jn4 $1,750.00 Bates and Holdsworth Account 9.65 ------ $2,359.50 5. Purchases; One Jn4 - 0X5 Curtiss Airplane $2350.00 Two Propellors 9.50 -------- $2,359.50 6. Organization expense; Brooks 300.00 Taken out in stock Banks 300.00 Taken out in stock Smith 300.00 Taken out in stock Seal and Stock Certificates $25.16 Set of Accounting Books 16.25 $941.41 ----------- 7. Legal Expense; Two shares of stock issued to J.E. Luby for incorporating Brooks, Banks & Smith, holding first meeting, writing up minutes, and general services. ---------------- April 30, 1920.