98 NEW YORK ZOOLOGICAL SOCIETY 



Edward Renter, resigned 1 8 18 16.85 



Hedwig Sindermann, resigned 3 1.60 



John Smith, died 14 2 41.07 



Patrick Teevan, resigned 18 2 47.07 



Magda von Boeckman, resigned 12 8 9.10 



Arthur H. Webb, resigned 18 28 59.00 



Total 109 7 24 $554.33 



The large number of resignations is unquestionably due to 

 the great advance in wages and salaries in all lines of industry, 

 while those of the Zoological Park and Aquarium were increased 

 only 10 per cent, through the bonus given by the Zoological So- 

 ciety. This bonus, being a temporary matter, was not assessed 

 by the Board. 



Eleven new members were acquired during the year, after 

 having been duly certified by the Directors of either the Aqua- 

 rium or Zoological Park, and examined by the physician of the 

 Board, Dr. Gilbert J. Van der Smissen. 



The net increase of the accumulated fund during the year 

 was $11,420.10, of which $1,241.53 was derived from interest on 

 investments. During the year the Pension Board invested $10,925 

 in bonds, earning slightly over 4 per cent; $5,000 of this being 

 in Second Liberty Loan Bonds. In addition to this there was at 

 the close of the year an uninvested balance of $3,411.96. The 

 total amount available for pensions at the end of 1917 is $37,- 

 625.71, wdth three applications for pension pending. 



It is with great regret that the Board reports the loss of its 

 valued member, Mr. H. Casimir deRham. The following reso- 

 lution was adopted and incorporated in the minutes of the Board : 

 Approved February 4, 1918. 



RESOLVED, That the Pension Board of the New York Zoological Society 

 hereby expresses its deep regret at the loss of its valued nienil)er, Mr. 11. Casimir 

 (leUhani, whose valuable advice and faithful services have been freely given as 

 a member of this Board, ever since its creation. 



'i'hc Pension Board feels its loss very keenly, and offers to the members of 

 Mr. (IcPibam's family its most sincere sympathy in tlu-ir liereavement. 



Respectfully submitted, 



Hermann W. Merkel, 

 Secvetarii, Pension Board. 

 George C. Clark, 



Chairman, Pension Board. 



