AMERICAN FERN SOcIETY 61 
This balance includes the following: 
Emergency Fund, Jan. 1.............. $ 78.09 
PROORIVOU Ss sicccen nies Suip ere ees §1.25 
129.34 
Paid for rare numbers of JourNAL..... 2.0 
Balance Tee. Skies a ee ee 
iitustrating Fund: Jan. 4 6e3.06ta0k es 1.33 
ROCelven Hsia hades os en es 8.50 
Rec’d refund for Illustrations men- 
tioned in last report......... 06.0... 16.75 
26.58 
Paid out including refund to general 4 
PUM oi cea Pee ea Oe ae aioe Lee 
Balance Dee: Si cies vice 5.91 
FORWEIG oo rae Vass Cae See ees Foret ba ee é.0 kee.ad 
Holding from Council order for printing herbarium 
URINE os bis CERES eee avin Se eer wee Cer ses $ 25.00 
Balance of Budget 1920 for Herbarium..........-.+-+- 8.83 
General Fund for ordinary expenses.........-.+ 103.52 
Total General Fund ......05+50+65s- 137.35 
270.60 
SprcraL Funp CreaTep BY Lire MeMBERSHIPS AND TRANSFERS FROM 
Funp 
EMERGENCY 
On hand Jan. 1, 1920........-...--+-+ $128.97 
One Life Membership...........+---- 15.00 
Interest received ..........0. 0-02 0e5 8.69 
Balance on hand Dec. 31..... . $152.66 
After the Life Membership Dues were advanced to 
$25.00 the Life Member elected in January, 1920, very 
generously gave the Society $10.00. By action of the 
Council this has been transferred from the General 
Fund of the Society to the Special Fund. 
In view of the large sales of back numbers last year, 
increasing our Emergency Fund to $127.34 I have pro- 
posed that $100 of this be transferred to the Special 
Fund. By action of the Council this has been done and 
we now have a really respectable Fund salted away for 
the unknown emergencies of the future. 
