JOURNAL 
OF 
The New York Botanical Garden 
. Vor. X October, 1909. No. 118. 
NEED OF ADDITIONAL FUNDS. 
(Statement authorized by Board of Managers May 9, 1907, and October 14, 1909.) 
As the development of the Garden as a great educational in- 
stitution proceeds, the need of additional funds to supplement its 
ordinary income in order to properly expand its work becomes 
apparent. The Board of Managers now hold three such funds, 
follows : 
1. A bequest of the late Ex-Chief Justice Charles P. Daly, in 
memory of Mrs. Daly’s grandfather, David Lydig, known as the 
David Lydig Fund, amounting to $34,149.86, and yielding about 
$1,365 annual income. By resolution of the Board this annual 
income is devoted to publication and is of great assistance and 
value. 
2. A gift by the Misses Olivia E. and Caroline Phelps Stokes 
of $3,000, as a fund for the preservation of native plants, yielding 
$120 annual income, which is devoted to lectures and rete 
gies the purposes for which the fund was establis 
aid to the Garden by students registering for per 
ie are credited to the Students’ Research Fund, which 
now amounts to about $3,000, and yields about $120 annual 
income, grants ats which are made to aid the investigations of 
especially meritorious students when required. 
Foundations for other area are pas desired, and it is 
believed that they would add much to knowledge. They may 
bear, in general, such personal aren as donors may desire 
to indicate, 
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