TRANSACTIONS OF THE ACADEMY 

 Directors' Meeting 



A REGULARLY called meeting of the Directors was held in the office 

 ■^^^ of the Secretary at 11 o'clock a. m. on Friday, September 29, 19i6. 



Present : Messrs. Benton, Collin?, Keese, Parsons, Spalding and 

 Watts. 



The Treasurer presented a statement of the financial condition of tht^ 

 Academy, and he was authorized to institute such action as he might think 

 proper in the premises. 



The Secretary was instructed to notify all members who are more 

 than two years in arrears for their dues, that immediate payment is re- 

 quired and in case responses were not made within ten days, to drop their 

 names from the Roll of Members. 



It was decided to have the October meeting of the Academy, a com- 

 bined business and social function and the Secretary was requested to 

 make all necessary preparations. 



Board adjourned. 



Directors' Meeting 



A legally called meeting of the Directors was held in the office of 

 the Secretary on Thursday, October 5, 1916. 



Present: Messrs. Beeman, Benton, Collins, Keese, O'Brien, Spalding 

 and Watts. 



Mr. Keese, as Treasurer, reported that the bequest of $10,000.00 by the 

 late Bancroft E. Beeman had been paid by the Executrix of the Will and 

 the disposition of the sum was presented for consideration. 



Several propositions for its investment were discussed, but the matter 

 was finall}' deferred for a final decision, until additional information could 

 be obtained concerning certain securities which had been offered. 



The Board adjourned to re-assemble at the same place at the hour 

 of 4 o'clock p. m., October 10, 1916. 



Directors" Meeting 



On Tuesday, October 10, 1916, the adjourned meeting of the Directors 

 was called to order in the office of the Academy. 



Present : Messrs. Alliot, Beeman, Benton, Collins, Keese and O'Brien. 



On motion of Mr. O'Brien, seconded b}' Mr. Beeman, the Treasurer 

 was instructed to loan to the Mortgage Guarantee Company of Los An- 

 geles the sum of $5000.00 at the rate of interest of five and one-half per 

 centum per annum, interest payable quarterly; and to loan to the Fidelity 

 Savings and Loan Association the sum of $5000.00 at the rate of interest 

 of six per centum per annum, interest payable semi-annually. 



The Treasurer was given full power to act in the premises. 



Board adjourned. 



Directors' Meeting 



A meeting of the Directors was held on Tuesday, December 5, 1916, 

 in the office of the Academy. 



Present : Messrs. Alliot, Benton, Collins, Keese, O'Brien, Spalding 

 and Watts. 



A lengthy discussion was held relating to the disposition of our fossil 

 mounts and collections in the various branches of Science, now upon 

 exhibition in the Museum at Exhibition Park, and the future policy to be 



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