~ Missouri Botanical 
Garden Bulletin 
Vol. IV St. Louis, Mo., January, 1916 No. 1 
REPORT OF THE OFFICERS OF THE BOARD 
- SUBMITTED TO THE TRUSTEES JANUARY 12, 1916 
To the Board of Trustees of the Missouri Botanical Garden: 
We submit for your consideration a statement of the 
er a transactions for the year ending December 31, 
1915. 
The results during the past year have been satisfactory, 
considering business conditions, as we have had fewer 
vacancies in our properties than for several years past, and 
our income from rentals and investments was $2,652.71 in 
excess of the previous year. 
At present we have only one vacant building—producing 
when rented $1,800.00 per annum—and a small tenement, 
and our vacancies for the year amounted to only $1,436.00. 
During the year we disposed of a piece of property con- 
taining ten dwellings which were erected by Mr. Shaw some 
a years ago, and on account of their age necessi- 
tated a large and constant outlay for repairs; these were 
traded in part for three pieces of business property on 
Locust Street valued at $125,000.00 — all of which are 
occupied. 
During the year we graded and partially improved a piece 
of land at the southeast corner of Arsenal Street and Kings- 
highway, containing twelve acres, improvements made cost- 
ing $20,049.88, and we have sold about one-fifth for resi- 
dences and apartments. 
We have been successful in disposing of the subdivision 
improved in the summer of 1914, known as Lafayette 
Avenue Addition No. 3, having disposed of about two-thirds 
of it at prices ranging from $22.50 to $35.00 per front foot. 
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