168 STATE HORTICULTURAL SOCIETY. 



ANNUAL REPORT OF J. SATTERLEE, SECRETARY OF THE 

 BOARD OF TRUSTEES OF THE LYON MEMORIAL FUND. 



During the past year an informal meeting of the Board was arranged 

 for at the time of the annual commencement at the Michigan Agricul- 

 tural College, at East Lansing. Treasurer Garfield and Secretary Sat- 

 terlee were present, but in the absence of President Monroe, and no im- 

 portant business appearing, the Board adjourned to meet at the time of 

 the annual meeting of the State Horticultural Society at Kalamazoo. 



I have received the following report from Charles W. Garfield, Treas- 

 urer of the Lyon Memorial fund : 



Grand Rapids, Mich., 



November 17, 1914. 

 James Satterlee, Secretary of the Board of Trustees of the Lyon Me- 

 morial Fund, Lansing, Mich., 



Dear Sir: — Request has come from Secretary Smythe of the State 

 Horticultural Society asking that a report of our trusteeship be made 

 somewhat fuller than usual, and to include something of the history of 

 the proceedings of the Society in connection with the Lyon Memorial 

 fund. This, of course, you have the data for, and I will simply put in as 

 my part the financial statement ending this date. 



LIST OP INVESTMENTS. 



(Same as last report.) 



One Morrill Orchard Bond -|1,000 00 



Worden Grocery Preferred Stock 2,000 00 



Three Grand Rapids Greenhouse Bonds 1,500 00 



One Detroit Gas Bond : 1,000 00 



Dykema Note 335 00 



One Savannah Bond 500 00 



One Commonwealth Power & Light Co. Bond 500 00 



Consumers' Power Co., Preferred Stock 1 ,500 00 



Cash in Bank IG 22 



Total $8,35122 



Aggregate of Securities is |8,335 00 



Cash in Bank 16 22 



351 22 



Lyon Memorial Fund |7,600 00 



Life Membership Fund 500 00 



|8,100 00 

 Balance 251 22 



|8,351 22 



