REPORT OF 

 THE PENSION BOARD 



TO THE BOARD OF MANAGERS. 



THE Pension Board of the New York Zoological Society con- 

 tinued its work during the year 1920 with the following mem- 

 bers: Mr. Wm. Pierson Hamilton, Chairman; Mr. Percy R. 

 Pyne, Treasurer; Messrs. William Woodward, Geo. Bird Grin- 

 nell, Lewis R. Morris, Chas. H. Townsend, H. R. Mitchell, R. L. 

 Ditmars and H. W. Merkel, Secretary. Mr. H. R. Mitchell con- 

 tinued to act as Assistant Treasurer, while Mr. W. I. Mitchell 

 had charge of the bookkeeping, pension deductions and other 

 details. 



Frequent meetings were held at the office of Mr. Wm. Pier- 

 son Hamilton, at 23 Wall Street, these offices being courteously 

 made available by Mr. Hamilton for the use of the Pension 

 Board, even when he was not able to be present. 



The Pension Board is gratified to report that the income 

 account of the Fund continues to accumulate at a very satisfac- 

 tory rate, there being available for pension payments at the close 

 of 1920 the sum of $67,464.39 as against $57,844.59 at the end 

 of 1919. This income was composed of $3,488.91 collected from 

 the members of the Fund, interest on investments amounted to 

 $2,793.77, and the yearly contribution of $8,000 from the New 

 York Zoological Society. 



Three pensions were granted during the year as follows: 

 Geo. M. Beerbower, Owen McCabe and Mrs. Margereta Dahl, 

 this now making ten pensioners on the rolls of the Fund, who 

 were in receipt of $2,967.88 during the year 1920. 



The following eighteen members were admitted to the Fund : 

 John Teevan, A. E. Ambrose, Wm. Smead, Wm. E. Gaffney, 

 Edw. P. Carberry, Henry Schuler, John Conlin, Sterling Collison, 

 Chas. von Hagen, Jr., Tressie A. Hunter, John J. Parker, Patrick 



