FORTY-THIRD ANNUAL REPORT. 63 



You will note that I have not enough on hand to pay the whole in- 

 come for the year to the State Society because I have over invested, but 

 I presume the society is not in immediate need of funds and I enclose 

 herewith a due bill as treasurer of the Lyon Fund which I will honor at 

 any time it is presented. 



Ver^^ respectfullv submitted, 



CHARLES W. GARFIELD, 



Treasurer. 



Since receiving the above I have had word from Secretary Bassett 

 that he had settled with the treasurer of the State Society for twenty- 

 five life memberships received during the year which will be turned over 

 to Treasurer Garfield to be added to the Lyon Fund which will make 

 that fund |8,225.00 besides the South Haven real estate. 



It seems to me that the State Society is again to be congratulated on 

 the wise provision made by T. T. Lyon for a permanent income for the 

 Society, especially now that the income from the state has been cut off. 



It is to be hoped that a large number of life memberships may be 

 secured each year to add to the permanent fund, thus increasing the 

 annual income and adding to the efficiency and scope of the Society's 

 work. 



At the formal meeting of the Trustees in midsummer, a report of 

 which appears above, all the securities were carefully reviewed by the 

 full Board of Trustees and found to be in a good and safe condition. 

 The funds seem to be well invested and the income is unusually large 

 for a trust fund of this character. 



Respectfully submitted, 



J. SATTERLEE, 



Secretary. 



Lansing, Mich., Nov. 26, 1913. 



ELECTION OF OFFICERS. 



The election of officers which followed resulted as follows : 

 President, J. Pomeroy Munson, Grand Rapids; secretary, C. E. Bas- 

 sett, Fennville; treasurer, Robert Smythe, Benton Harbor; executive 

 committee, Frank A. Wilken, Detroit; O. E. Ladd, Old Mission; J. E. 

 Merritt, Manistee. 



All of the above were re-elected except the last two, who are new mem- 

 bers on the executive board. 



BANQUET. 



The annual banquet was held Wednesday evening in the church gym- 

 nasium and was in charge of the ladies of the church. After a most 

 excellent physical feast, Mr. R. H. Sherwood, of Watervliet, as toast- 

 master, started a mental feast in which sense and nonsense were de- 

 lightfully mixed. Mr. Shenv^ood is a bom toastmaster and the list of 



