AMERICAN FERN SOCIETY 25 
as a permanent fund, the shape of which shall not be expended, but 
the income from which y be used for og fot of the Society on 
vote of the Council. entitles for t and other apa 
moneys may be added to this d at the geod of the Coun 
Recommended by the Coun 
oo Article VI by striking out Section 2 and substituting the 
following 
This ri ommittee shall nominate officers for the coming year and for- 
ward the list of nominees to the President before prance! Any 
be incorporated nap gu eging that yea 
Proposed by R. A. Ware, E. J. Winslow. and H. G. Rugg. 
Three species of ferns—Botrychium. simplex, Ophi- 
oglossum Engelmanni, and Pellaea glabella—have been 
offered to members during the year. It is planned to 
make at least one such offering in each number of the 
forthcoming volume of the JoURNAL. 
C. A. WeaTHERBY, Secretary. 
Report of the Treasurer 
I took over the treasury in April, and this report 
must include the work of my predecessor, Mr. F. 
Floyd, from January until April. I found the books in 
fine shape, they having been most conscientiously kept 
by Mr. Floyd. So far as the treasurer is aware, every 
bill that was incurred in 1915 has been paid, and there 
are no debts of any sort whatever.* Last year the 
Society had an available cash balance, after providing 
for bills contracted in 1914, of $6.05. There is in the 
treasury today, aside from the Life Membership Fund, 
.34, a gain of $50.29 for the year, a cause for con- 
gratulations to the Board of Officers who planned the 
year’s finances. As stated in the report of the Treas- 
urer last year, a plan for a budget was tried for 1915 
*Since writing this — the Treasurer learns that there is a bill not yet 
Presented for plates for No. 4 of the Journat to be paid from 
Mlustrating fund one: for that object. 
