THE 
EIGHTEENTH ANNUAL REPORT 
OF THE 
BOARD OF DIRECTORS 
OF PHILADELPHIA. 
(^Incorporated March 21st 1859.) 
READ AT THE ANNUAL MEETING OF THE MEMBERS AND LOAN- 
HOLDERS OF THE SOCIETY. 
Aprii. 24th, 1890. 
PHILADELPHIA : 
Allen, Lane & Scott's Printing House, 
Nos. 229-231-233 South Fifth Street. 
1890. 
OF THE 
