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to the by-laws to the effect that miembers who liave not paid tlieir dues 

 within three niontlis from the time of their first notification, be sent 

 a second notification to the effect that thej' are not in good standing on 

 account of non-payment of dues and are not entitled to receive a copy 

 of the annuiil report; but that all privileges may be restored on pay- 

 ment of dues. At the end of three months from the sending of the 

 second notice, ^he names of members not in good standing should be 

 dropped. The annual report .should be sent only to memibers in good 

 standing. 



]\Ir. Hilliard asked me what our fiscal year was. I .•inswered that 

 I did not think we had any. It would undoubtedly be a convenience 

 if we are to have a bank man far a treasurer, and a ruling by the 

 association would be in place. 



Our accredited list of nut nurserymen is out of date and a new list 

 should be issued. Recommendations as to changes in or additions to 

 that list, should be considered by the members. 



It is desirable that the annual reports of the association should be 

 indexed and bound, but no hand has yet been found to do it. 



Our ambitions have so far outstripped our sources of revenue that 

 we have come to look on an annual deficit as a normal and defensible 

 thing. I think it is indefensible. I think it is going to have a bad 

 effect on our atteiulaiicc- and' our morals if the members have to look 

 forward to what ••imouiits to a good big assessment at every convention. 

 A deficit is not inevitable. The secretary-itreasurer was able to report 

 a surplus at the first, fourth, fifth, sixth and seventh meetingis. The 

 income from membership dues should be enoiigh to enable the printing 

 of the annual report. Hut if not I should be in favor of not printing 

 the report until funds were on hand to pay for it. 



In rendering an account of the funds of the association I will first 

 state that there is on liiiid, cash in l)ank, $84.89. This amount must 

 be chargedi with the Bowd!it<'h hickory prize fund. $2.5. which leaves 

 $59.89, cash on hand. We owe Mr. Bixby for paying the stenogra- 

 pher's bill, $]85.{)(), ami Mr. Oicott for printing, $24.58, a total of 

 $159.58. This makes our deficit $99. (i9, practically just one hundred 

 doll.'irs. 



It should be recalled that in arrivino- at this result it was necessarv 

 to use up our reserve fund from life memiberships, amounting to 

 $^25.00 If we count that in with the deficit, it amounts to $325.00. 



A detailed account of receipts and expenditures is herewith sub- 

 mitted. At the present moment, on account of a rush of other work, 



