as they can be disposed of at a price equal to or greater than the amount at 
which they were acquired, and that the other stocks should not be acted upon 
until Mr. Choate’s committee makes its report.” 
February 7 
It was reported that the attorneys for the Museum had appealed the Eno 
Will case on the advice of Mr. Choate, and that the case was being pre- 
pared for the Court of Appeals. November 20 
1917 
The Secretary presented a letter dated January 31, 1917, that the President 
had received from Mr. Cuyler as Executor of the Jesup Estate, in which 
he proposed to make a further payment of 57% on account of the Jesup 
Bequest on April 1, 1917, and offered to pay the remaining 5%, pro- 
vided the Trustees would waive any claim to interest that might be due 
should the final payment be deferred until the liquidation of the estate. 
A letter was then read from Mr. Choate, dated February 20, 1917, in 
which he advised against the acceptance of Mr. Cuyler’s offer, in view 
of the large sum of interest which might legally be due the Museum on 
final liquidation of the estate. February 21 
Messrs. Choate, Dodge, W. B. James and Mills participated in a full dis- 
cussion of building policy under the present conditions and the follow- 
ing resolution was unanimously adopted: 
“WHEREAS, Under the present war conditions very large financial de- 
mands are being made on all generous givers; and 
“WHEREAS, The cost of building is very high; be it 
“RESOLVED, That the President write to each of the subscribers to the 
Museum Building Fund, stating that the Board of Trustees considers it unwise 
to proceed with the construction of new buildings and has decided not to ask 
C17] 
