INTRODUCTORY PROCEEDINGS. 
NINETEENTH GENERAL MEETING OF THE SOCIETY OF Naval ARCHITECTS AND 
MarINE ENGINEERS. 
THURSDAY Morninc, NOVEMBER 16, IQII. 
The Nineteenth Annual Meeting of the American Society of Naval Architects 
and Marine Engineers was held in the Engineering Societies Building, New York 
City, on Thursday and Friday, November 16 and 17, 1911. 
President Stevenson Taylor called the meeting to order at 10.20 o'clock and 
said: 
We will listen to the report of the Acting Secretary-Treasurer, which is also 
the Annual Report of the Council. Mr. Cox, Acting Secretary-Treasurer, will 
present the report. 
The Acting Secretary-Treasurer presented the report, and in connection there- 
with said: 
On the second sheet you will see a list of the members delinquent in their dues. 
This is a matter which is regrettable, and steps are being taken to impress upon the 
members who are delinquent the importance of coming forward with their dues, 
and any assistance that the members of the Society at large can give in this direction 
will be thankfully accepted. 
The financial statement appears on the last three sheets of the report, and a 
summary of the statement shows a very satisfactory state of finances. Turning to 
the last sheet, it will be seen that the Society has practically no liabilities whatsoever, 
the items coming under the head of “‘ Liabilities’” merely being certain cash receipts 
that have beenturnedin and areapplicable to next year’s receipts; and the Society at 
the present time has a very substantial actual cash balance. Taking that, together 
with the fact that we have this large amount of outstanding dues, the greater 
portion of which can certainly be collected, it seems to indicate that the financial 
condition of the Society is very satisfactory. 
