Statement of Account. 



Balance from last annual statement $5,329.36 



Receipts during the year 3,065.72 



To be accounted for $8,395.08 



Disbursements during the year 7,584.55 



Cash balance on hand $ 8 10. 53 



These funds are on deposit with the American Security and Trust 

 Company, drawing 2% interest. 



The investment of $3,500.00 was made in two 3-year 5^ first 

 mortgage notes by Laura R. Green, on January 30, 1905. During 

 the year there were received from the Estate of Dr. S. C. Busey a 

 3-year 4"^^ first trust note for $444.44, and $225.09 in cash, being 

 the remainder of the bequest to the Academy. 



The investments are as follows : 



Cash on hand belonging to permanent fund y $ 195.09 



809 shares stock of the Washington Sanitary Improve- 

 ment Co 8 ,090. 00 



1 share stock of Colonial Fire Insurance Co 100.00 



2 shares stock of the Scheutzen Park Land and Build- 

 ing Association, par value $100, actual value doubt- 

 ful, say $44.00 SS.oo 



2 first trust notes of Laura R. Green, 3 years 5% in- 

 terest, for $2,000 and $1,500 3,500.00 



I first trust note of Aurelius R. Shands, 3 years, 4^% 



interest 444.44 



$12^417-53 

 Respectfully submitted, 



Bernard R. Green, 



T^rcasurcr. 

 January 18, 1906. 



