Missouri Botanical 
Garden Bulletin 
Vol. III St. Louis, Mo., January, 1915 No. 1 
REPORT OF THE OFFICERS OF THE BOARD 
SUBMITTED TO THE TRUSTEES, JANUARY 13, 1915 
To the Board of Trustees of the Missouri Botanical Garden: 
We submit for your consideration the financial results for 
the year ending December 31, 1914. 
. The earnings from rentals have not equaled those of the 
year 1913 by $5,152.28 on account of vacancies and the 
disposal of several pieces of income property, but our income 
from interest on investments on deferred payments—secured 
by deeds of trust—on property sold exe the year 1913 
by $6,678.88, so that our Income exceeds that of the previous 
year by $1,526.60, but no further increase can be expected 
from the present holdings for the coming year. 
During the year we disposed of four pieces of residence 
property— 
1500-08 Lafayette Avenue, 
1129-31 St. Ange Avenue, 
3134 Morgan Street, and 
2601-03 Chestnut Street— 
which we gave in part exchange for a piece of business prop- 
erty, at the northeast corner of Fifteenth and Locust Streets, 
occupied by an old residence but upon which we hope to 
erect a building for permanent investment. 
We also disposed of a piece of property—a four-story ware- 
house on Second Street—which was getting old and is in a 
section of the city where the values are doubtful, for 
$15,000.00. 
Our loss by vacancies during the year was $1,252.00. 
In addition to the tract known as Lafayette Avenue Addi- 
tion—containing about 11,533 front feet, lying between 
Grand Avenue and Lawrence Street, of which 11,047 feet 
have been sold for $480,825.28—we have during the past 
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