(The motion was seconded, a vote taken, and the motion carried unanimously.)
President Davidson: If the Secretary will also read the Treasurer's report, we will proceed with it.
Mr. McDaniel: Mr. Snyder wrote recently, regretting that he would miss this meeting (for reasons of health). He says he can not accept the position of Treasurer another year.
Treasurer's Report for Year September 1, 1947 to September 1, 1948
D. C. SNYDER, Center Point, Iowa
INCOME
Dues $1,396.00
Reports sold 153.75
Bond Dividends 25.00
Advertising 5.00
Miss Jones' Postage Acc't. 36.85
C. A. Reed Typesetting 32.50
Miscellaneous 7.60
_________
$1,656.70
DISBURSEMENTS
Fruit Grower Subscriptions 100.80
Reports, Stationery etc. 1,105.06
Secretary's expense 100.30
Treasurer's expense 58.17
Reporting Guelph Meeting 25.00
Miscellaneous 15.60
Bank service charges and checks returned N.G. 12.90
________
1,417.83
_________
Balance gained during year 238.87
On hand September 1, 1947 1,790.44
Paid out for Bonds 1,100.00
_________
680.44
_________
Cash total on hand, September 1, 1948 (subject to minor
bank service charges and checks which may be
returned) $ 919.31
Bonds in box at Peoples Bank & Trust Company $2,500.00