ANNUAL MEETING OF THE TRUSTEES 65 



taking a sail with her; another parent bird is covering her nest of eggs 

 preparatory to leaving it; everywhere the birds swim with their long 

 necks erect so that the perpendicular lines of black and white resemble 

 the surrounding reeds and reflections. The Western Grebe is slaughtered 

 mercilessly by plume hunters, the birds' snow-white breasts appearing 

 in market in capes and muffs and on hats. 



The ^Museum acknowledges its large indebtedness for this series 

 of Bird Habitat Groups to the generosity of several of its members, but 

 particularly to the following: Mr. John L. Cadwalader and to Mrs. 

 Morris K. Jesup, Mrs. Philip Schuyler, Mrs. John B. Trevor, ]Mrs. 

 Robert Winthrop, Mr. F. Augustus Schermerhorn, Mr. H. B. Hollins, 

 Mr. Henry Clay Pierce, Mr. Henry W. Poor, ]\Ir. Charles Lanier and 

 Mr. Courtenay Brandreth. 



THE ANNUAL MEETING OF THE TRUSTEES. 



AT the Annual Meeting of the Board of Trustees of the Museum, 

 held on ]Monday, Fel)ruary 8, the following officers were elected 

 for the ensuing year: Henry Fairfield Osborn, President; 

 J. PiERPONT Morgan, First Vice-President; Cleveland H. Dodge, 

 Second Vice-President; J. Hampden Robb, Secretary, and Charles 

 Lanier, Treasurer. The following abstract of the president's annual 

 report will be of interest to the Members. 



Li point of growth the past year has been the most notable in the 

 history of the institution. Partly aided by the Jesup bequest, the total 

 expenditures were $275,419, or .$25,000 more than the previous year. 

 Of this the city contributed $159,930.62 and the Museum $115,488.38. 

 In the past eight years the ]\Iuseum has expended directly $932,008 on 

 its explorations and collections. The estimated total value of the col- 

 lections secured during this period by exploration, by purchase and by 

 gift to the Museiun is more than $2,000,000. For every dollar which 

 has been expended by the city, more than a dollar has been added to the 

 enlargement of the collections. 



The present endowment fund, including the bequest of the late 

 President Jesup, is $2,048,156.61. To keep pace with the very rapid 

 growth of the city and the demands it is making for public scientific 

 education, an endowment fund of $5,000,000 is needed. In every 



