FORTY-FIRST ANNUAL, REPORT. 01 



SECRETARY SATTERLEE's REPORT. 



Reiwrt of J. Satterlee, Secretary of the Board of Trustees of the Lyon 

 Memorial Fund: 



A meeting of the Board of Trustees of the Lyon Memorial Fund was 

 held in the city of Grand Kapids, December 4, 1911, at which were 

 present C. J. Mourse, President ; Chas. W. Garfield, Treasurer, and James 

 Satterlee, Secretary. 



Treasurer Garfield's financial report to the Treasurer of the State 

 Horticultural Society was read and on motion the recommendations 

 made therein were adopted. The recommendations are as follows : 



That the Lyon Memorial Fimd be fixed at 1 7,G00 and that the balance 

 due on the guarantee notes amounting to |911.01 be retired and can- 

 celled. 



In case these recommendations are adopted by the State Society it 

 leaves in the hands of Treasurer Garfield 1716.11. 



Secretary Satterlee made the statement that one hundred life members 

 at 1500, if subtracted from the amount reported on hand by Treasurer 

 Garfield would leave a balance to be turned over by him to the treasurer 

 of the State Society of *21G.ll. This amount added to the sum reported 

 on hand bv Treasurer Satterlee of the State Societv would make a total 

 of 1585.64, available for the general expenses of the society. 



At a meeting of the Executive Board held in this city last evening 

 it was voted that these recommendations of the Board of Trustees of 

 the Lyon Memorial Fund be adopted and that the .^500 now in the hands 

 of Ti'easurer Garfield belonging to the life membership fund and that 

 any additions to such life membei*ship fund in future shall be added to 

 the Lyon Memorial Fund to become a permanent addition to such fund 

 to be invested by the Treasurer of the Board of Trustees of that fund. 



J. Satterlee, 

 Sec'y Board of Tiiistees Lyon Memorial Fund. 



Ludington, Mich.. Dec. 7. 1911, 



memorandum. 



This action of the Executive Board was ratified by the State Society 

 and made a part of the records of the business session today. 



J, Satterlee, 



treasurer's report. 



J. Satterlee, Treasurer, in account with the Michigan State Horticul- 

 tural Societv: 



