222 Pension Fund Report 



and with undoubtedly increased risk. This would amount to a 

 discrimination against the greater number of subscribers. It 

 was therefore found necessary to reject such applications for 

 leave of absence, and to notify the members of the Fund that 

 only military or naval service, compliance with the rulings of 

 the Draft Board, illness, or such other reasons as the authori- 

 ties should find just and proper, would constitute valid basis 

 for leave of absence. 



ACKNOWLEDGMENTS 



For the use of their endowed beds in the Presbyterian Hos- 

 pital, the Pension Fund is grateful to Mr. Horace F. Hutchin- 

 son and Mr. Richard B. Kelly. 



For cooperation in securing free treatment at the Presby- 

 terian Hospital for an employee in need, the Board is indebted 

 to Mr. L. E. Belmont. 



Col. S. H. Wolfe has generously extended to the Pension 

 Board the privilege of sending employees to the number of 

 five in one year to use his endowed bed in Mt. Sinai Hospital. 



The Pension Board is grateful to Dr. Walter P. Anderton 

 for his unremitting care and patience in the examination of 

 members and applicants, and for his kind cooperation in secur- 

 ing the necessary treatment and facilities for employees in 

 need of such assistance. 



To Counsel Lewis L. Delafield the Pension Board owes 

 thanks for advice and suggestions graciously offered during 

 the past year. 



The members of the Pension Fund are proud of their Honor 

 Roll, to which a number of names have been added since the 

 last Report. We have reason to be deeply thankful that, while 

 a number of men have been wounded, only one loss of life has 

 occurred among our men in service. 



