Thirty-fifth Annual Meeting 349 
Late in December the Proceedings of the Thirty-fourth Annual 
Meeting were received from the printer and were mailed out in January 
to the members of the Academy and the exchange list. 
Exchange publications received by the Academy have been filed in 
the Library, some additions having been made to the list this year and 
one or two that were interrupted by the European war have been 
revived recently. 
Aice D. McKEE. 
Respectfully submitted, 
C. W. REEDER, Chairman. 
Report of the Trustees of the Research Fund. 
The following report of the Trustees of the Research Fund 
was received and ordered filed: 
CoLumBws, O., April 1, 1925. 
To the Ohio Academy of Science: 
The accounts of the research fund which came into our hands at 
the close of the last meeting, proved upon reference to the bank depos- 
its, to amount to the sum of $1,324.82 as indicated in the Proceedings 
of the last annual meeting. $1,300.00 of this amount was put into 7% 
bonds, leaving a cash balance of $24.82. The addition of interest in 
November increased this to $1,362.91. Accrued interest due May Ist, 
will bring this amount to $1,407.41. There have been no bills submitted 
or paid which is in accordance with the instruction of the Academy, 
that the funds be conserved during the year and that the trustees rec- 
ommend a plan of use for the fund in the future. 
The question of how to best utilize the research fund, is a somewhat 
difficult one, but the trustees would suggest the following as a. plan 
which may be subject to modification if the developments of the future 
indicate a better method. 
We recommend that the income from $1,000.00 of the research fund 
be available each year for a grant to be known as the McMillin grant 
and which may be used either for the assistance in some research prob- 
lem or given as an award in recognition of some especially noteworthy 
contribution of some member of the Academy. That the balance of the 
fund and income derived from it, sha!l be used or allowed to accumulate 
as the trustees may deem best in any particular year, it being understood 
that the fund or any interest income shall in all cases be used for the 
encouragement of research either by grants for individual problems or 
for the publication of papers resulting from research. 
Respectfully submitted, 
EDWARD L. RICcE, 
Geo. D. HuBBARD, 
HERBERT OSBORN, Chairman. 
