puriioso (if rlfdin^; otYiii'rs for llir (.'iisiiini; yi'ar, and to transact siicli oIIut 

 business propiTly coming before llie meeting. 



Directors present: H. O. Collins, Dr. Anstrullier Davidson, Dr. !•'. C. 

 Clark, Wni. H. Siialdinc, Theodore Payne, Dr. Jr)hn Coiiislock, (leo. W. I'arsons, 

 S. J. Koese. 



There beini; a quorum, the Directors proceeded to llie election of officers. 

 Dr. John Comstock nominated Dr. K. C. Clark for the ijresidency. and was 

 seconded by Mr. Spaldinj;. Dr. Clark was unanimously elected, and Uicreupon 

 occupied the chair. Other oft'icers were elected as follows: Vice President, 

 Mars Baunifzardt ; 2nd \ice President, Dr. John Comstock; Treasuier, S. J. 

 Keese; Secretary, (]co. W. Parsons. 



The resij;nation of H. O. Collins as President, Director and Member of the 

 Academy was upon motion accepted. Dr. Ford A. Carpenter was elected a 

 Director to till the vacancy caused by the resignation of Mr. Collins. 



A suggestion was offered that an Advisory Board be created, selected from 

 the members of the Academy, to act unoflicially with the Board of Directors 

 on any matter of interest to the Academy that might arise. 



Mr. \V. F. Alder who w-as present proposed to make an additional trip 

 to the South Pacific Islands in the near future, and made a proposition to the 

 Academy that in consideration of being allowed to use the name of the Southern 

 California .\cademy of Sciences in connection with this e.xpedition, he would 

 collect further objects of interest and present them to the Academy upon his 

 return. The matter was favorably received. 



President-elect Clark, then gracefully accepted the Presidency and pre- 

 sented new ideas which should prove- of great value to the Academy. 



A motion prevailed directing that all available funds in the hands of the 

 Treasurer be invested to the best advantage. The meeting then adjourned. 



GEO. W. PARSONS, 



Secretary 



TREASURERS REPORT 



FISCAL YEAR ENDING MAY 31, 1920. 



RECEIPTS : 



Bank balance June 30, 1919 S 67.72 



Dues from Members 342.90 



Interest from Loans 588.88 



$999.50 

 DISBURSEMENTS: 



Bulletin Expense .S307.85 



Lecture ; 122.25 



Rent of Office 82.50 



Telephone 68.05 



Printing 31.60 



Postage 7.19 



Sundries 16.17 



Total disbursements .S63S.61 



Cash in First National Bank May 31, 1920 363.89 



,S999.50 

 Investment account balances. 



Mortgage Guarantee Bonds at 5^^% $ 5,200 00 



Fidelity Sa\-ings & Loan Stock at 6%-- 3,100.00 



3rd Liberty Loan at 414% -.. 2,650.00 



4th Liberty Loan at 4^4% 200.00 



SILISO.OO 

 S. J. KEESE, Treasurer. 



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