report of the treasurer - american antiquarian society › proceedings › 44807000.pdf · 1939.]...

21
228 American Antiquarian Society [Oct., REPORT OF THE TREASURER The Treasurer presents herewith his annual report of receipts and expenditures for the year ending September 30,1939, to which is appended a statement of the Society's investments and of the condition of the various funds. NET ASSETS, OCTOBER 1, 1939 Cash on deposit Wore. County Trust Co. $40,792.44 Wore. Five Cents Savings Bk. 5,000.00 Wore. County Inst. for Savings 2,500.00 People's Savings Bk., Woreester 5,000.00 Woreester Morris Plan Co. 5,000.00 $58,292.44 Publie Funds Railroad Bonds Public Utility Bonds Industrial and Miseellaneous Bonds Bank StOeks Railroad Stoeks Publie Utility Stoeks Industrial and Miseellaneous Stoeks Mortgages Total Library Building and land Total Net Assets 32,873.45 83,901.75 132,048.53 29,605.26 36,996.00 30,191.38 132,587.45 169,545.94 12,870.17 $718,912.37 294,549.55 $1,013,461.92

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Page 1: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

228 American Antiquarian Society [Oct.,

REPORT OF THE TREASURER

The Treasurer presents herewith his annual report of receiptsand expenditures for the year ending September 30,1939, to whichis appended a statement of the Society's investments and of thecondition of the various funds.

NET ASSETS, OCTOBER 1, 1939

Cash on depositWore. County Trust Co. $40,792.44Wore. Five Cents Savings Bk. 5,000.00Wore. County Inst. for Savings 2,500.00People's Savings Bk., Woreester 5,000.00Woreester Morris Plan Co. 5,000.00

$58,292.44

Publie FundsRailroad BondsPublic Utility BondsIndustrial and Miseellaneous BondsBank StOeksRailroad StoeksPublie Utility StoeksIndustrial and Miseellaneous StoeksMortgages

Total

Library Building and land

Total Net Assets

32,873.4583,901.75

132,048.5329,605.2636,996.0030,191.38

132,587.45169,545.9412,870.17

$718,912.37

294,549.55

$1,013,461.92

Page 2: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

1939.] Report of the Treasure- 229

The following securities were called, matured, or sold duringthe year:

Matured$1,000 Blackstone Valley Gas & Electric Co. 5s 1939$3,000 Province of Ontario 4J^ 1939

Called

$5,000 Ohio Power Company 5s 1952$5,000 Indianapolis Power & Light Co. 5s 1957

' $1,000 Kingdom of Norway 6s 1944$5,000 Wisconsin-Minnesota Light & Power Co. 5s 1944$5,000 Commercial Investment Trust 3J^s 1951$5,000 Kansas Power & Light Co. 4 } ^ 1965$5,000 Gatineau Power Co. 5s 1956$6,000 Western United Gas & Electric Co. 5 } ^ 1955$5,000 Commonwealth Edison 3%s 1965$5,000 Cedars Rapids Mfg. Co. 5s 1953$5,000 Socony Vacuum Oil 3i^s 1950$5,000 New York Central Electric Corp. 5}4ß 1950$6,000 Tennessee Electric Power Co. 5s 1956$6,000 Iowa Public Service 5s 1957

Sold

$7,000 Commonwealth of Australia 5s 1955102/200 Rights Standard Oil Co. of N. J.

50 Shares Consolidated Edison Co. of N. Y. $5 Cum. Pfd.25 Rights Eastman Kodak Company

The following securities were bought or acquired during theyear:

Bought$5,000 Bethlehem Steel Corp. 3Ms 1966$2,000 Socony Vacuum Oil Co. 3 J^ 1950$5,000 Southwestern Bell Tel. Co. 3s 1968$5,000 Dominion of Canada 3s 1968$5,000 West Texas Utilities 3Ms 1969

5 Shares State Street Investment Corp.50 Shares Household Finance Corp. Pfd.

500 Shares Chemical Fund, Inc.

Page 3: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

230 American Antiquarian Society [Oct.,

25 Shares Consolidated Gas Elec. Lt. & Pwr. Co. ofBaltimore

50 Shares Sears Roebuck Company100 Shares Great Northern Paper Company50 Shares General Foods Corp. $4.50 Cum. Pfd.

Acquired102/200 Rights Standard Oil Co. of N. J.

2 Shares Standard OU Co. of N. J.25 Rights Eastman Kodak Company

The following securities were exchanged during the year:75 shares Consolidated Gas Electric Light & Power Co. of Balti-

more 5% Cumulative Preferred A were exchanged for 75 shares4J^% Preferred, Series B

50 shares North American Edison Co. $6 Cumulative Preferredwere exchanged for 100 shares North American Co. 5%% Pre-ferred

There was also a distribution of $870.00 in cash received fromthe Worcester Coimty Trust Company applicable to Class A stock.

The Mortgage Account has been reduced $608.98 by pajntnentfrom John P. Sexton, Trustee, of $108.98, and by payment of$500.00 from W. Gray Harris. The Mortgage Account now standsat $12,870.17.

The Purchasing Fund has been increased by $376.00 by sale ofduplicates.

The "Thomas Hovey Gage Fund" has been established bybequest of $5,000 from Mr. Thomas Hovey Gage.

The "Nathaniel T. Kidder Fund" has been established bybequest of $5,000 from Mr. Nathaniel T. Kidder.

Gifts totaling $3,014.33 have been contributed by William G.Mather during the current year, the principal to be spent in com-pleting the compilation of the Cotton Mather Bibliography. Thepresent amount remaining to be expended for this purpose is$486.92.

Clarence W. Bowen Fund, $20,000, has been reduced this yearby disbursements amounting to $1,315.23, leaving a balance to beexpended for completing the history of Woodstock of $18,684.77.

Page 4: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

1939.] Report of the Treasurer 231

The sum of $500.00 has been contributed by Robert F. Seyboltto be added to the invested funds of the Society.

The average return on the book value of investments has been4.44%.

The Special Gifts Fund was credited with $200.00 from Mrs.Roswell Skeel, Jr., and $51.54 from the W. K. Bixby Trust, forspecific purposes.

The following amounts totaling $5,824.32 have been contributedfor additional book purchases and current expenses:

Mabel Knowles Gage $550.00J. L. Whitney Estate 72.82Anonymous 900.00Carnegie Grant 3,000.00Paul B. Morgan 1,000.00Frank C. Deering 100.00Herbert E. Lombard 15.00John H. Scheide 146.50Chandler Bullock 30.00Samuel Flagg Bemis 10.00

$5,824.32

Page 5: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

232 American Antiquarian Society [Oct.,

INCOME ACCOUNT

Income from Investments J31,917.r)6Other Income

Siile i)i Publications $409.01Carnegie Grant 3,000.00Special Gifts, Current year. . . Îî7,î75.8r>Special Gifts, Prior to

Oct. 1, 193S 2.773.87 9,949,73

Purchfising Fund 4,741.35Profit and I >si 2,888.12 20,988.21

Total Income $52,905.87

EXPENDITURE.^

Salaries—IlcRuIar $23,532 00Salaries—from Sj^cial Gifts 5,207.50 28,739.50

1,995 mOffice Kxpense 1,514 ,95Heat, ï.,îK!it and Telephone 1.546.HSSupplies 880.11Hooks

Rciiui.ir Income $3,982.23Special GiftR 719.42Purchasing Fund 2,675-00Carnegie Gnuit 3,000.00 10,376.65

3,207.23Binding 2,327 25Care of tirounds 412.44Kxtn:, Service 305 20Annuity Payment under Trust Agre^iment . . . 1.000 00

Total Kxpenditure.s $52,905,87

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1939.] Report of the Council 233

riUNClPAL ACCOUNT

Capital bearing intore.it October Î, 193S $719,643.57Library Bijildinji and Uuid 294.549.55

Total Net As.«ets, October 1, 193S $1 014,193.12

Principal rpceived sinci' October 1, 1938Additions to Purchafing Fund $376.00Contributions:

Mather Biljliography $3,014 .33Carnegie Grant 3.000 .00 6,014 .33

Bequest from ThoniaR Ilovcy Gage 5,000.00Bequest from Nathaniel Ï . Kidder 5,000 00 $16,390.33

Profit and LossAdd Pnifit on Hecuritie«:

Biaekstone Vullcy Giis & Elec.5s Í939—matured $200 00

Ohio Power Co.5s 1052 -called 2íÍ6 75

LuÍ!aiia¡K)lis Power &Light Co.5s 1057—called 137.50

Commonweiiith of Au> tralia5.-Í 1955—aold 86.39

Wisconsin-M i tiiiüHOta Light

"is 1944—called 275.00Gatineiu Power Cit.

"IS 1956—called 268.75W(>ti;rr¡ Unii-ed Ga. h

l';iec'(.ric Co.5'.s !9'>5-<*al!ed 256.00

Province of Ontario-äU,- 1939-matured... . 450. DO

Cedar Rapids MÍ^Í- CO.5s 1953—railed 700.DO

N. Y. (.'entrai Elpe. Co.5>;;s 1950 -called Î50 iX)

Tetin. l^lec. Power Co.5s 19-)6—called 135.00

Iowa I'ublic Service Co.ha ]9".7—called 390.00

i,'on.-olidated i^dison Co. of \ . Y.$5 i'umuîntive Preferred—

Hold 77.^:4

Page 7: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

234 American Antiquarian Society [Oct.,

North American Edison Co.$6 Cumulative Preferred—

exchanged $56.25 $3,448.08

Deùutit Loss on Securities:Kingdom of Norway

69 1944—called 25.75Commercial Investment Trust

3Hs 1951—called 87.50Kansas Power & Light Co,

4Hs i960—eaüed 89.30Commonwealth EdisoD Co.

3?4s 1965—called 38.37Socony Vacuum Oil

1950—called ^0.00 280.92 S3,167.16 Sl!),557.49

$1,033,750.61

Grant $8,000.00Expended from Spécial Gifts 2,773.87Expended from Mather Bibliogr!i])hy.. , , 5,570.12Expended from Clarence W. Bowen Fund 1,315.23 $12,659.22

Expended from Purchasing Func 4,741,35Expended from Profit and Loss 2,888.12 20,288.69

Prmcipal, October 1,1939 $1,013,461.92

ASSETS

on DepositWorcester County Trust Company $40,792.44Worcesti^r Five Cents Savings Biuik 5,000.00Worcester County Institutioo for Savings 2,500,00People's Savings Bank, Worcester 5,000-00Worcester Morria Plan Banking Co 5,000.00 $58,292,44

Bonds 278,428-99Stoeks 309,320.77Mo¡-tgafí(;s 12,870,17

Capital Bearing Interest ^718,912.37Library Building and Land 294,549.55

Total Assets, October 1, 1939 Sl,0]:i,461,92

Page 8: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

1939.1 Report of the Treasurer 235

OCTOBER 1. 19311

CONDITION or FUND ACCOUNTS

Fuiid Title

20-G('!H:ral

22-1'üblifchi23-Í.-ÍÍULC & iùiward L, Davis,

25-H( njíimin F. Thomas. . , .26-Ji>^e¡jh A. Tennty27-10lK'iiL'zi.'r AlJen28-^fainuel F, Haven29-f !i orjie. Chandler.3O-Fra!ipis H. Oewey31-GiorKt>K. KUis32-Jo:in & Kli7.;v Davis33-SU']]]ifn Salisbury, Jr34-Pjjrchñsii¡3ö~( lüirhís F36-.f!iiiies F.37-Sp 'cifti I liftH3S-Kl¡/,:i D, Dod^e3!>-J;iiJi<>s L. Whitney4(VSn:iiuel A, firceu4l-ATKÍr(íW McF. Davi,í , ,42-Nnthaniiî] Paine4S-liernard C, Steiner . .44~('bark'S A. (.'hase45-íírnry II. WîiRnfT46-I-nÍ!ih ThomiuH47-JiiHie.s B, Wilbur48-llenry W. (,'anningham,49-MiTy H. Cutiningham,50-Alhert H. Whitin5I-Gn'nviUc fl. Norcroi^s. ,52-C'l!;,rence W. Jioweii, , , .ô3-MiUlier Bibliography, ,54-Th;)nias ilovey Ga^e,,.55-Nathanifl T. Kidder, . .

$1)0,1)02 .797,ri(Hî.OO

32,000.0023,000,009,:.00,00l,(M)0.005,(HX"! ,00l,0m),003.á(M"),005,MIO,00

ó,O(Mi .00104,,v()0,00

2()0,0020,W>0,005,i:oO,00'

200,003,000,002,000,005,000 .00

10,000 .0037,000,00

1,000.005,000.00

30,000 007,000 ,00

100,000,0050,01)0.0050,0i)l).009.ÍM0 00

10,000 0018,fH-l 77

•lsí;,925,000,005.0'SO 00

Page 9: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

236 American Antiquarian Society

STATEMENT OP INVESTMENTS

[Oct.,

BONDS

NAME RATE MATUBITT

PUBLIC FUNDS:

City of Detroit PublicSchool 4 June, 1945

City of Detroit PublicSewer 4Vá June, 1963

City of Winnipeg 6 Oct., 1946Commonwealth of Australia 5 July, 1955Dominion of Canada 3 Nov., 1968united States Treasury l H June, 1940United States Treasury 1J^ June, 1941United States Treasury 214 Sept., 1952

PABVALUE

BOOK

VALUE

$2,000 $1,420.00

3,0004,0005,0005,0005,0005,0005,000

2,460.003,970.004,962.505,006.255,035.945,003.135,015.63

$32,873.45

RAILROADS:

Alleghany Corporation 5 June, 1949 $5,000 $5,000.00Atchison, Topeka & Santa

Fe 4 July, 1995 1,000 885.00Atchison, Topeka & Santa

Fe 4 Oct., 1995 4,000 3,096.75Boston* Maine Series Q . . . . 5 Feb., 1940 5,000 1,500.00Boston* Maine 5 May, 1955 5,000 1,475.00Chicago, Burlington &

Quincy 4 July, 1949 5,000 5,000.00Chicago* Eastern Illinois . .6 Oct., 1934 1,000 940.00Chicago, Indiana &

Southern 4 Jan., 1956 12,000 10,920.00Illinois Central 3H July, 1952 2,000 2,000.00Illinois Central & Chicago,

St. Louis* New Orleans .5 Dec, 1963 2,000 2,010.00Kansas City Terminal 4 Jan., 1960 15,000 12,975.00Missouri Pacific 5 Nov., 1978 5,000 1,500.00New York Central 5 Oct., 2013 5,000 4,725.00New York, New Haven

* Hartford (HarlemRivei-Port Chester) 4 May, 1954 10,000 10,000.00

Northern Pacific 6 July, 2047 2,000 1,930.00Pere Marquette 4 July, 1956 5,000Pere Marquette 5 July, 1956 5CRio Grande Western 4 July. 1939 5,000 2,000.00

Page 10: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

$5,000

3,0005,0005,0005,0005,0005,0005,000

5,0005,000

6,000

$83,901.75

$4,475.00

2,872.505,138.534,750.005,243.755,200.005,106.254,875.00

4,887.505,062.50

5,820.00

1939.] Report of the TreasureSt. Paul & Kansas City

Short Line 4J^ Feb., 1941 $5,000 $1,750.00Southern Indiana 4 Feb., 1951 2,000 2,000.00Southern Pacific . .4cH May, 1969 10,000 9,195.00

PxTBLic UTILITIES:

Alabama Power Company . .5 June, 1951Alabama Water Service

Company 5 Jan., 1957American Tel. & Tel. Co. . 3 ^ Oct., 1961

. Associated Gas & Electric... 41^ May, 1958Consumers Power Co 3J^ Nov., 1970Detroit Edison Co 4 Oct., 1965Duquesne Light Co 3H June, 1965Georgia Power Company . .5 Mar., 1967Illinois Power & Light

Corporation 5 Dec, 1956Indianapolis Water Co 3}4 July 1966Indiana Service Corpora-

tion 6 Jan., 1950Kings County Elevated

Railroad Company 4 Aug., 1949Mountain States Tel. & Tel.

Co 3JÍ June, 1968Narragansett Electric

Company ; 3 H July, 1966New England Gas & Elec-

tric Association 5 Sept., 1947New Orleans Public Ser-

vice, Inc 5 June, 1955Oklahoma Gas & Elec. Co. .3^ Dec, 1966Ontario Power Co 5 Feb., 1943Pacific Gas & Electric Co. . . 3 J á D e c , 1961Philadelphia Elec. Co 3K June, 1967Portland General

Electric Company 4}^ Sept., 1960Public Service Company of

Colorado 514 Sept., 1954Southwestern Bell Tel 3 July, 1968Terre Haute Traction &

Light Company 5 May, 1944Union Elec. Co. of Missouri . 3 % July, 1962Utah Light & Traction Co.. .5 Oct., 1944West Texas Utilities 3 % May, 1969Winnepeg Elec. Co 4 Jan., 1965

237

5,000 4,060.00

5,000 5,118.75

5,000 5,168.75

5,000 4,950.00

5,0005,0003,0005,0005,000

5,000

5,0005,000

2,0005,0005,0005,0005,000

4,950.005,093.752,880.005,243.755,462.50

4,593.75

4,975.005,275.00

2,000.005,000.004,590.005,118.754,137.50

$132,048.53

Page 11: REPORT OF THE TREASURER - American Antiquarian Society › proceedings › 44807000.pdf · 1939.] Report of the Treasurer 231 The sum of $500.00 has been contributed by Robert F

238 American Antiquarian Society [Oct.

INDUSTRIAL AND MISCBLIÍANBOUS:Atlantic Refining Co 3 Sept.. 1953 $5,000 $4,981.25Bethlehem Steel 3 ^ Oct., 1966 5.000 5,125.48Boston Metropolitan Build-

ings Incorporated 3 Jan., 1950 6,000 3,000.00Ellicott Square Company....

ofBuffalo 5 Mar., 1940 6,500 6,110.00National Steel Corp 4 June. 1965 5.000 5,388.53West Virginia Pulp & Paper

Co i}4 Dec, 1952 5,000 5,000.00$29,605.26

Total Bonds $278,428.99

STOCKS PAB BOOK

BANKS: VALUE VALUB

Pr^erred100 Manufacturers Trust Co. of N. Y. . . $2,000 $5,500.00290 Worcester County Trust Co. (Class A) 2,900 2,900.00

$8,400.00Common

100 First National Bank of Boston $2,000 $3,433.00200 National Shawmut Bank of Boston . . . 5,000 7,835.0055 State Street Trust Co 6,000 14,750.0032 Webster & AÜas Nat. Bank of Boston 1,600 2,328.0025 Worcester County Trust Company... 250 250.00

$28,596.00RAILROADS:

Preferred

50 Atchison, Topeka & Santa Fe Railroad(5% Non-Cumulative Preferred) . . . $5,000 $4,777.13

60 Pere Marquette Railway Company(5% Cumulative Prior Preference) 5,000 4,991.25

50 Southern Railway Company (5% Non-Cumulative Preferred) 5,000 1,250,00

60 Union Pacific Railroad Company (4%Non-Cumulative Preferred) 5,000 4,266.25

$15,284.63Common

30 Atlantic Coast Line $3,000 $5,580.009 Boston & Albany Raüroad 900 1,080.005 Great Northern Railway Company No Par 309.639 New London Northern Railroad Co... 900 810.00

35 Northern Railroad (New Hampshire) 3,500 3,350.0020 Pennsylvania Railroad Company 1,000 777.1230Union Pacific Railroad Company 3,000 3,000.00

$14,906.75

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1939.] Report of the Treasurer 239

PUBLIC UTILITIES:

Pr^erred60 Alabama Power Company ($5 Preferred) No Par $4,862,6050 Commonwealth & Southern Corpora-

tion ($6 Preferred) NoPar 6,137.60100 Consolidated Gas, Electric Light &

Power Company of Baltimore(4H% Preferred B) $7,600 10,482.80

60 Duquesne Light Company (6% Cumu-lative First Preferred) 5,000 4,975.00

60 Eastern Gas & Fuel Associates (4H%Prior Preference) 6,000 3,786.00

60 Electric Bond & Share Company($6 Preferred) NoPar 4,000.00

60 Electric Bond & Share Company(86Preferred) NoPar 3,760.00

26 Engineers Public Service Company($5 Convertible Preferred) No Par 1,760.00

60 Kansas City Power & Light ($6 FirstPreferred Series B) • No Par 6,512.60

50Long Island Light ing Company(6% Cumulative Preferred, Series B) 6,000 6,237.60

60 Metropolitan Edison Company ($6Prior Preferred) No Par 6,000.00

100 North American Company (5%%Preferred) 6,000.00 6,200.00

200 Pacific Gas & Electric Company(6%Cumulative First Preferred)... 6,000 6,480.00

60 Queens Borougt Gas & Electric Com-pany (6% Cumulative Preferred)... 6,000 4,987,60

60 Rochester Gas & Electric Corporation(6 % Preferred, Series D) 6,000 6,018.76

100 Southern California Edison Company(6}^% Cumulative Preferred, SeriesC) 2,600 2,626.00

60 United Gas Improvement Company($6Preferred) NoPar 4,763.76

882,467.80

Common200 American Tel. & Tel. Company $20,000 $21,876.0025 Boston Edison Co 2,500 4,285.3430 Fall River Gas Works Company 750 600.0026 Fitchburg Gas & Electric Light Co... 650 832.6565 Haverhill Electric Company 1,625 2,225.00

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240 American Antiquarian Society [Oct.,

15 New England Tel. & Ttil. Company . . $1,500120 North American Company No Par625 United Gas Improvement Company No Par100 Western Massachusetts (Dompanies,.. No Par

iNDtrSTBIAL AND MISCELLANEOUS:

Preferred120 American General Corporation (Non-

assessable Cumulative Preferred$2 Dividend Series) $120

50 American Tobacco Company (6%Cumulative Preferred) 5,000

50 Continental Can Co, Inc.($4.50 Cum. Pfd.) No Par

50 E. I. du Pont de Nemours & Company(Non-assessable $4.50 Cum. Pfd.) No Par

100 General Foods Corp. ($4.50 Cum.Pfd.) 10,000

50 Household Finance Corp. Pfd 5,00050 International Harvester Company (7%

Cumulative Preferred) 5,000100 Monsanto Chemical Co. (4H%

Non-assessable, Cum. Pfd. Series A) No Par5 United States Envelope Company

(7% Cumulative Preferred) 1,500100 United States Steel Corporation

(7% Cumulative Preferred) 10,000

Common100 Aetna Insurance Co $1,00025 Boston Insurance Co 2,500

120 Boston Metropolitan Buildings(Voting Trust Certificate) No Par

50 Boston Wharf Company 5,000500 Chemical Fund 500100 Continental Insurance Company 25025 E, I. du Pont de Nemours & Company 50025 Eastman Kodak Company No Par

1500 General Electric Company No Par100 Great Northern Paper Co 2,50050 Insurance Company of North America 500

300 Mass. Investors Trust 3008 Pullman Incorporated No Par

250 Radio Corporation of America No Par50 Sears Roebuck Co No Par

$1,492.503,475.00

12,343.163,000.00

$50,129.65

$4,892.

5,843.

5,622.

5,840,

10,928,5,359.

6,737.

10,393,

1,700,

13,387

$3,0008,500

2,5005,0973,9523,7034,379

28,1253,6412,3315,010

3511,0003,788

50

75

95

62

9595

50

75

00

,50

,00,00

,00,50,50,68.60.00.00.98.00.50.00,70

$70,707.27

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1939.] Report of the Treasurer 241

102 Standard Oil of New Jersey 82,550 $3,064.5355 State Street Investment Corp No Par 3,710.5550 Union Carbide and Carbon Corp No Par 4,469.9560 United Fruit Company No Par 3,937.4050 United Shoe Machinery Corporation.. 1,250 3,934.58

100 F. W. Woolworth Company 1,000 4,340.20$98,838.67

Total Stocks $369,320.77

MoRTGAOE LOANSL. L. Mellen $1.500.00J. P. Sexton, Trustee 6,870.17W. Gray Harris 4,500.00

$12,870.17

REAL ESTATELibrary Building and land $294,549.55

The undersigned, Auditors of the American Antiquarian Society,beg leave to state that the books and accounts of the Treasurerhave been examined for the year ended September 30, 1939, andthe securities called for in the foregoing report have been examinedand verified by Cooley & Marvin, Certified Public Accountants,and their certificate is submitted.

(Signed) DANIEL W . LINCOLN,REGINALD WASHBUHN,

AuditorsOctober 1, 1939.

WORCESTER, MASS., October 1, 1939We have examined the books and accounts of the Treasurer of

the American Antiquarian Society for the year ended September 30,1939, and found that all expenditures had been properly approved,and that all the income which should have been received during theperiod under review has been properly accounted for and weexamined or satisfactorily accounted for all the securities in theforegoing list and the value as shown are in accordance with thebooks of the Society as at September 30, 1939.

(Signed) COOLEY & MARVIN,Certified Public Accountants

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242 American Antiquarian Society [Oct.,

CoNTElBtlTORS OP $500 AND MORE TO

INVESTID FUNDS

1832 Isaiah Thomas, Worcester (legacy) $23,152Nathaniel Maccarty, Worcester (legacy) 600

1840 William McFarland, Worcester (legacy) 6001852-1867 Stephen Salisbury, Worcester 21,5451884 Stephen Salisbury, Worcester Gegacy) 20,0001858-1878 Isaac Davis, Worcester 1,7001858,1868 Levi Lincoln, Worcester (legacy $940) 1,0401868 William Thomas, Boston 6001868,1879 Benjamin F. Thomas, Boston (legacy $1000) 1,1001869 Nathaniel Thayer, Boston 5001871-1910 Edward L. Davis, Worcester 10,6001873,1874 Miss Nancy Lincoln, Shrewsbury (legacy $200) 5001872 John P. Bigelow, Boston flegacy) 1,0001874,1881 Ebenezer Alden, Randolph (legacy $1000) 1,1001881 Joseph A. Tenney, Worcester (legacy) 5,0001882 Samuel F. Haven, Worcester (legacy) 1,0001884 George Chandler, Worcester 5001886,1899 Stephen Salisbury, Jr., Worcester 10,0001907 Stephen Salisbury, Jr., Worcester (legacy) 235,0001889 Francis H. Dewey, Worcester (legacy) 2,0001895 George E. Ellis, Charlestown Qegacy) 10,0001900 John C. B. Davis, Washington, D. C 1,0001900,1917 Horace Davis, San Francisco. Calif, (legacy $5000) . 6,0001900-1920 Andrew McFarland Davis, Cambridge (legacy $6000) 8,0001905 Andrew H. Green, New York (legacy) 4,8401907 Charles E. French, Boston (legacy) 1,0001909 Mrs. Frances W. Haven, Worcester flegacy) 2,0001910-1930 Charles G. Washburn, Worcester (legacy $5000) 20,000

Mrs. Eliza D. Dodge, Worcester (legacy) 3,000James F. Hunnewell, Boston 5,000Charles H. Davis, Worcester 2,000

1910-1928 Henry W. Cunningham, Boston 1,750Eugene F. Bliss, Cincinnati 1,000A. George Bullock, Worcester. 2,000William B. Weeden, Providence 500

1910-1928 Charles L. Nichols, Worcester 8,1251910-1928 Samuel B. Woodward, Worcester 6,0001910-1928 Waldo Lincoln, Worcester 3,500

Samuel S. Green, Worcester 1,0001910-1930 JamesL. Whitney, Cambridge Gegacy&accum.)... 2,0001911-1928 Francis H. Dewey, Worcester 8,1251911,1919 Samuel A. Green, Boston (legacy $5000) 5,1001912 Samuel V. Hoffman, New York 6,0001912,1913 Mrs. Deloraine P. Corey, Maiden 1,0001913-1938 Albert H. Whitin, Northbridge, Mass, (legacy $9,100) 10,100

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1939.] Report of the Treasurer 243

1913 Daniel Merriman, Boston Qegacy) $1,000Misa Jane A. Taft, Worcester (legacy) 1,000Miss Katharine Allen, Worcester Oegacy) 4,000

1920-1931 Samuel L. Munson, Albany, N. Y. (legacy $10,000) 11.0001921 Nathaniel l'aine, Worcester (legacy) 37,0001921-1930 John W. Farwell, Boston (legacy $5,000) 6,0001922-1927 Arthur P. Rugg, Worcester 1,0001926 Bernard C. and Walter R. Steiner, Baltimore 1,0001927 Jerome R. George, Worcester 2,500

RussellS. Paine, Worcester 2,500William B. Scofield, Worcester 1,000GeorgeF. Fuller, Worcester 6,000Leonard Wheeler, Worcester 2,500Theodore T. Ellis, Worcester 1,000Charles L. Allen, Worcester 1,000William T. Forbes, Worcester 500Mrs. Mary C. Bullock, Worcester 2,500

1928 William S. Mason, Evanston, 111 600Hampton L. Carson, Philadelphia 500Charles H. Taylor, Boston 760Alice C. Gage, Worcester 2,600T. Hovey Gage, Worcester 2,600Mrs. Fannie C. Lincoln, Worcester 2,500Paul B. Morgan, Worcester 5,000Homer Gage, Worcester 5,625Aldus C. Higgins, Worcester 5,000Forrest W. Taylor, Worcester 10,000George I. Rockwood, Worcester 5,625Worcester Telegram Publishing Company, Worcester 5,000George Crompton, Worcester 1,500George S. Barton, Worcester 1.000Charles M. Thayer, Worcester 1,000Clarence S. Brigham, Worcester 6,000Henry R. Wagner, San Marino, Cal 30,000James B. Wilbur, Manchester, Vt 100,000Carnegie Corporation of New York 7,600

1929 George S.Eddy, New York 6001929-1930 Thomas B. Lawler, New York 1,000

Frances Crocker Sloane, New York 6,0001930 Clarence W. Bowen, New York 6,000

A. S. W. Rosenbach, New York 600Isaiah Thomas (estate) 2,000James B. Wilbur Gegacy) 6,000

1932 Henry W. Cunningham (legacy), Boston 100,0001937 Grenville H. Norcross (legacy), Boston 10,0001938 Thomas Hovey Gage (legacy), Worcester 6,0001939 Nathaniel T. Kidder (legacy). Milton, Mass 6,000

Robert F. Seybolt, Urbana, 111 600

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244 American Antiquarian Society [Oct.,

REVISED LIST OF FUNDS

"Fund of $12,000," established 1834 by bequest of IsaiahThomas. Called "Librarian's and General Fund" 1858. Amountedin 1927 to $35,000 and made part of "General Fund."

"Fund of $5,000," established 1834 by bequest of Isaiah Thomas.Called "Collection and Research Fund," 1858. Amounted in 1927to $17,000 and made part of "General Fund."

"Bookbinding Fund," established 1856 through gift of $5,000from Stephen Salisbury. Present amount is $7,500.

"Publishing Fund," established in 1857 through subscriptionsof about $5,500. Increased by bequest of $10,000 from StephenSalisbury in 1884. Present amount is $32,000.

"Isaac and Edward L. Davis Fund," established by gifts of$1,500 from Isaac Davis in 1868 and $5,000 from Edward L.Davis. Present amount is $23,000.

"Lincoln Legacy Fund," established in 1868 by bequest of$1,000 from Levi Lincoln and increased by accumulation of un-expended interest. Increased in 1927 by gift of $2,500 from WaldoLincoln and called "Levi Lincoln Fund." Present amount is$9,500.

"Benjamin F. Thomas Fund," established in 1879 by bequestof $1,000 from Benjamin F. Thomas. Present amount is $1,000.

"Tenney Fund," established in 1881 by bequest of $5,000 fromJoseph A. Tenney. In 1928 it was called the "Joseph A. TenneyFund." Present amount is $5,000.

"Alden Fund," established in 1881 by bequest of $1,000 fromEbenezer Alden. In 1928 it was called the "Ebenezer Alden Fund."Present amount is $1,000.

"Haven Fund," established in 1882 by bequest of $1,000 fromSamuel F. Haven. Amounted in 1927 to $1,500 and increased in1927 to $3,500 by adding bequest of $2,000 from Frances W.Haven; and called the "Samuel F. Haven Fund." Present amountis $3,500.

"George Chandler Fund," established in 1884 by bequest of$500 from George Chandler. Increased in 1927 by gift of $5,000from his daughters, Mrs. Mary Chandler Bullock and FannyChandler Lincoln. Present amount is $5,500.

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1939.] Report of the Treasurer 245

"Francis H. Dewey Fund," established in 1889 by bequest of$2,000 from Francis H. Dewey. Increased in 1927 by gift of$5,625 from his son, Francis H. Dewey. Present amount is$10,500.

"George E. Ellis Fund," established in 1895 by bequest of$10,000 from George E. Ellis. Present amount is $17,500.

"John and Eliza Davis Fund," established in 1900 by gifts of$1,000 each from John C. B. Davis, Horace Davis and AndrewMcF. Davis. Increased in 1910 by gift of $1,000 from AndrewMcF. Davis. Present amount is $5,000.

"Life Membership Fund," established by vote of Council in1901. Amounted in 1928 to $4,650 when it was made part of the"General Fund."

."Salisbury Legacy Fund," established in 1908 by bequest of$200,000 from Stephen Salisbury. Depleted by cost of constructionof Library Building. Amounted in 1928 to $104,348 when it wascalled "Stephen Salisbury, Jr. Fund." Present amount is$104,500.

"Frances W. Haven Fund," established in 1908 by bequest of$2,000 from Frances W. Haven. Amounted in 1927 to $2,000when it was made part of the "Samuel F. Haven Fund."

"Purchasing Fund," established at $4,000 in 1909 by vote ofCouncil, both principal and income to be spent in purchase oflibraries or parts of libraries.

"Charles F. Washbum Fund," established in 1910 by gift of$5,000 from Charles G. Washbum. Increased in 1927 by gift of$10,000 from same donor. Increased in 1928 by bequest of $5,000from same donor. Present amount is $20,000.

"James F. Hunnewell Fund," established in 1910 by gift of$5,000 from James F. Hunnewell. Present amount is $5,000.

"Special Gifts Fund," established ia 1910 as a fund for specialgifts, both principal and income to be spent for specific purposes.

"Centennial Fund," established in 1910 by vote of Council.Amounted in 1927 to $33,550 when it was made part of "GeneralFund."

"Eliza D. Dodge Fund," established in 1910 by bequest of$3,000 from Eliza D. Dodge. Present amount is $3,000.

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246 American Antiquarian Society [Oct.,

"James Lyman Whitney Fund," established in 1912 by bequestfrom James Lyman Whitney. Present amount is $2,000.00.

"Samuel A. Green Fund," established in 1919 by bequest of$5,000 from Samuel A. Green. Present amount is $5,000.

"Andrew McF. Davis Fund," established in 1920 by bequest of$6,000 from Andrew McF. Davis. Present amount is $10,000.

"Nathaniel Paine Fund," established in 1921 by bequest of over$38,000 from Nathaniel Paine. Present amount is $37,000.

"Bernard C. Steiner Fund," established in 1927 at $1,000 bybequest from Bernard C. Steiner and gifts from Walter R. Steiner.Present amount is $1,000.

"Charles A. Chase Fund," established in 1927 by gift of $2,500each from Mrs. Alice Chase Gage and Thomas Hovey Gage.Present amount is $5,000.

"Henry R. Wagner Fund," established in 1927 by gift of$30,000 from Henry R. Wagner, the income to revert to theSociety after death of himself and wife. Present amount is $30,000.

"General Fund" so named in 1927 includes the "Librarian's andGeneral Fund," the "Collection and Research Fund," the "LifeMembership Fund" and the "Centennial Fund." Present amountis $116,662.79.

"Isaiah Thomas Fund," established in 1928 by gift of $5,000from Frances Crocker Sloane. Increased in 1930 by $2,000.Present amount is $7,000.

"James B. Wilbur Fund," established in 1928 by gift of $100,000from James B. Wilbur. Present amount is $100,000.

"Henry W. Cunningham Fund," established in 1932 by bequestof $50,000 from Henry W. Cunningham. Present amount is$50,000.

"Mary H. Cunningham Fund," established in 1932 by bequestof $50,000 from Henry W. Cunningham. Present amount is $50,000.

"Albert H. Whitin Fund," established in 1936 by bequest of$5,000 from Albert H. Whitin and an additional amount of $4,100in 1938. Present amount is $9,100.

"Grenville H. Norcross Fund," established in 1937 by bequest of$10,000 from Grenville H. Norcross. Present amount is $10,000.

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1939.] Report of the Treasurer 247

"Clarence W. Bowen Fund," established in 1938 by bequest of$20,000 from Clarence W. Bowen, the principal to be spent in com-pleting Mr. Bowen's History of Woodstock. Present amount is$18,684.77.

"William G. Mather Fund," established in 1936-1939 by giftsfrom Mr. Mather totaling $12,042.71, the principal to be spentin compiling the Cotton Mather Bibliography. Present amountis $486.92.

"Thomas Hovey Gage Fund," established in 1938 by bequestof $5,000 from Thomas Hovey Gage. Present amount is $5,000.

"Nathaniel T. Kidder Fund" established in 1939 by bequest of$5,000 from Nathaniel T. Kidder. Present amount is $5,000.

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