(if) STATE HORTICULTURAL SOCIETY. 



The following are the transactions as shown by our savings bank book : 



Cash on hand November 10, 1910 (date of last report) |429 42 



November 22. Anderson interest 48 00 



December 3. Worden interest 70 00 



Jauuaiy 1. Bank interest 6 64 



January 4. Morrill coupons 60 00 



January 23. Detroit gas interest 25 00 



January 23. Drummond bond interest 15 00 



January 27. Rent from M. A. C 137 50 



June 1. W|orden interest 70 00 



July 1. Bank interest 11 83 



August 7. Detroit gas interest 25 00 



August 7. Drummond bond interest 15 00 



September 23. Bruno Anderson interest 45 00 



September 27. Balance Anderson interest 5 60 



October 28. Morrill coupon 30 00 



October 30. Drummond coupon 15 00 



October 30. Investment in bonds 1,000 00 



November 3. Rent from M. A. C 137 50 



November 13. Premium on bonds 8 34 



November 21. Drummond boud paid 500 00 



November 23. Anderson mortgage paid 700 00 



November 23. Interest on same 3 00 



December 1. Worden interest 70 00 



December 4. Greenhouse coupons 45 00 



Leaving in treasury |1,456 15 



You will recall that last year I recommended in my report to you 

 that the Lyon fund should be nmde even figures, |7,600, and that the 

 Horticultural Society guarantee notes should be cancelled, which would 

 leave in our treasury, outside of the permanent fund, eighteen cents. I 

 have received no word of any action of the society upon this recom- 

 mendation and so I renew in this report the suggestion that the society 

 take action making the Lyon fund |7,600, which would leave in our 

 treasury subject to the draft of the society, |1, 657.12. If we take from 

 this amount the notes and estimated accrued interest, which were given 

 by the society and guaranteed by certain individuals, it would leave in 

 the treasury $746.11, available for the uses of the society in the prosecu- 

 tion of its work. It seemed to me that it would be wise for the society 

 to take this money and put it in the hands of its treasurer. 



I suppose that any accumulation of life membership fund would 

 naturally come into this Lyon memorial fund unless there is some 

 specific action of the executive of the society creating a new life mem- 

 bership fund, I take it, would be glad to have such action taken as 

 would make this situation perfectly clear. 



Yours respectfully, 



CHAS. W. GARFIELD, 

 Treasurer Lvon Memorial Fund, 



