37 



At the time of last report we owed $10.50 for the Nut Journal which 

 fact was shown in the report. 



$150 was collected for Nut Prize Fund and is not available for 

 general purposes. 



Printing and mailing of 16th Annual Report (1925) was paid for in 

 October, 1926, and will appear in next report. 



In this report I have used the words Credits and Debits as they seem 

 more proper than either Liabilities and Assets or Receipts and Expendi- 

 tures. Assets give the impression of property. Expenses hardly come 

 under that head. Bank deposits and cash on hand do not come under 

 the head of expenditures. Debits and Credits cover them all properly. 



H. J. MILLIARD, Treasurer. 



The President: We will not discuss the reports at this time 

 but if anything is to be said about them it will be taken up at the 

 business meeting to be held tonight. 



The Secretary: Nominations for the Nominating Committee to 

 name officers for the ensuing year are now in order. 



Mr. W. G. Bixby, ISIr. T. P. Littlepage, Mr. R. T. Olcott, Mr. 

 Zenas H. Ellis, and Mr. Karl W. Greene were nominated and elected. 



The President: I will appoint Mr. Neilson, Mr. Littlepage, and 

 Mr. Olcott as the committee on resolutions. 



