SIXTEENTH ANNUAL REPORT 3 4/ 
LIFE MEMBERS. 
Miss Cora F. Barnes, J. Hampden Robb, 
Col. James J. Higginson, Francis A. Watson, 
Richard P. Lounsbery. 
FINANCES. 
Income Account.—The balance to the credit of 
this fund on January 1, 1911, (less invested funds 
and advanced payments of Sustaining Membership 
foro and 41913) amounted: tox... 2..2 5. oe $5,498.40 
Advance payments, Sustaining Membership 1911.. 520.00 
The income received from Annual Members during 
CH EGVCe Tere OUTER CO. estrone aces tones Pellet belts 14,230.00 
Mascellaneous: FECCIDUS:. = Sse: Si cede one eae Sea ees 86.06 
Sustaining Members (not including advance pay- 
FRG N SOUS lk gem Setar os Mae oc et ea ree Phe vate eC 3,040.00 
Sale of bond in accordance with provisions of Mr. 
Rocketellerisrodiit= 9... 9s ask = soe oes eee ore 990.00 
Income from the Endowment Fund during the year 
(including balance from 1910), placed to the 
credit of the Endowment Fund Income Account, 
but available for transfer to this account..... 11,432.49 
Not aie gee ee oe ees eee $35,796.95 
The total amount expended against this fund 
durines! Old amounted tO... * ssa eae ie as es eee $26,163.91 
Leaving a cash balance on hand December 31, 1911, of 
$9,633.04, to which should be added advance payments of Sus- 
taining Memberships for 1912, $600.00, making a total balance 
of $10,233.04, made up as follows: 
Income Account balance— 
TB aia ere whe ere ote: ee $3,529.83 
less due:tosothertundss 2-5 2. 2: 1233 
a BAUS) 
Endowment Fund Income Account balance, available 
for-transtertorthis; ACCOUNU: = sos. +c ss oe 6,826.94 
$10,233.04 _ 
As stated heretofore the Sustaining Memberships have now 
only two more years to run, and before this period expires the 
Income Account must be increased sufficiently to provide an offset 
