SIXTEENTH ANNUAL REPORT 37 



LIFE MEMBERS. 



Miss Cora F. Barnes, J. Hampden Robb, 



Col. James J. Higginson, Francis A. Watson, 



Richard P. Loimsbery. 



FINANCES. 



Income Account. — The balance to the credit of 

 this fund on January 1, 1911, (less invested funds 

 and advanced payments of Sustaining Membership 



for 1912 and igis) amounted to $5,498.40 



Advance payments, Sustaining Membership 1911.. 520.00 



The income received from Annual Members during 



the 3^ear amounted to 14,230.00 



Miscellaneous receipts 86.06 



Sustaining Members (not including advance pay- 

 ments) ^ 3,040.00 



Sale of bond in accordance with provisions of Mr. 



Rockefeller's gift 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 



Total $35,796.95 



The total amount expended against this fund 



during 1911 amounted to $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 — 



In Bank $3,529.83 



Less due to other funds 123.73 



$ 3,406.10 



Endowment Fund Income Account balance, available 



for transfer to this account 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 



