34 MARINE BIOLOGICAL LABORATORY. 



The future progress and prosperity of the Laboratory will always 

 be a matter of great interest to me quite as much as if I continued to 

 be your President. 



Sincerely yours, 



(signed) CHARLES R. CRANE. 



B. LETTER OF ACCEPTANCE. 



August 21, 1925. 

 HONORABLE CHARLES R. CRANE, 



Woods Hole, Massachusetts. 



Pi tir Mr. Crane: In regretfully accepting your resignation as Presi- 

 dent of the Corporation of the Marine Biological Laboratory the 

 Board of Trustees appointed the undersigned members of the Board 

 a Committee to express to you their grateful appreciation of the 

 invaluable services which you have rendered to the Laboratory. You 

 have been a member of our Board since 1901 and President of the 

 Corporation since 1905 and throughout this period you have been our 

 constant supporter and friend. During your Presidency you have 

 seen the Laboratory grow, from a relatively small beginning, to the 

 largest and most complete biological laboratory in the world, with 

 assets totaling more than two million dollars. 



Every year since your connection with our Board you have con- 

 tributed most generously to the support, of the Laboratory and for 

 nearly twenty years you have lifted from our shoulders the burden of 

 a large deficit. Only those who were members of the Board before 

 your advent can fully appreciate the relief from financial worries and 

 fears of suspension which your support has brought to us. Almost 

 every year of your Presidency you have made notable additions to 

 our estate, among which are the Kideer lot, cottage and annex, the 

 Whitman and Ritter cottages, and New Homestead and Mess Hall, 

 the Bar Neck Property, the Gansett Property, our first permanent 

 and fireproof laboratory which should be known as the Crane Building, 

 and finally the completion of the fund for the building and equipment 

 of the New Laboratory and the permanent endowment of your annual 

 gift of twenty thousand dollars from the Friendship Fund. 



We are well aware that your interest in and support of the Labora- 

 tory has been a powerful factor in enlisting the cooperation of other 

 benefactors and of great Foundations. It we have to-day one of the 

 finest biological institutions in the world we owe it in large part to 

 your faith and foresight. 



Best of all has been the spirit of the support of yourself and Mrs. 



