16 TORREYA 



The Treasurer's Annual Report for 1943 was read by Dr. Whaley, as fol- 

 lows: 



Balance as of January 1, 1943 $ 2,301.12 



Cash received, January 1-December 31, 1943 (Transactions include 



internal items of $20,000) $ 25,911.62 



Total $ 28,212.74 



Cash disbursed, January 1-December 31, 1943 $ 27,224.04 



Balance $ 988.70 



Less endowment monies in cash account $ 43.57 



Actual cash in checking account $ 945.13 



Cash in current expense account $ 1,033.32 



Cash on hand, January 1, 1944 $ 1,978.45 



The smaller balance at the end of 1943 than at the end of 1942 is largely 

 the result of late mailing of dues bills bringing most of the payments after the 

 end of the year, and expenditure of $1,000.00 during 1943 for a Memoir ac- 

 tually published in 1942. The balance reported at the end of 1942 did not in- 

 clude money set aside in a cash reserve fund. The net balance at the end of 1943 

 is approximately the same as the actual unobligated balance at the end of the 

 previous year. The Club lived within its income during 1943, something which 

 had not been done in the several preceding years. In general the financial status 

 of the Club at the present time is excellent despite many factors imposed by 

 war conditions. 



It was moved by Dr. Small that the Club accept the report of Dr. Whaley 

 with an expression of thanks for his services as Treasurer. The motion was 

 seconded and passed. 



The scientific program for the evening was presented by Dr. W. Gordon 

 Whaley who discussed "Rubber Bearing Plants in the Present Emergency." 

 His talk was well illustrated with Kodachrome slides. Dr. Whaley's paper will 

 be published in Torreya in the near future. 



Following discussion of the subject, the meeting was adjourned at 9 :55 p.m. 



Respectfully submitted, 



Honor M. Hollinghurst 

 Recording Secretary 



