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TRUSTEES' MEETINGS.

At the annual meeting of the Board of Trustees held on May 3rd, 1932 the following officers were elected:- Chairman, George G. Heye, Vice-Chairman, Joseph Keppler; Member of the Executive Committee to serve until the annual meeting of 1935, Frederic K. Seward; Member of the Executive Committee to serve until the annual meeting of 1934, Blair S. Williams. The Executive Committee now consists of the following Trustees to serve until the annual meeting of 1933, F. Kingsbury Curtis and Archer M. Huntington; to serve until the annual meeting of 1934, George G. Heye and Blair S. Williams; to serve until the annual meeting of 1935, Frederic K. Seward.

At the annual meeting the Director, Mr. George G. Heye, together with Messrs. Saville, Orchard and Oetteking were appointed the staff committee of this institution to serve until the next annual meeting.

Besides the annual meeting regular meetings of the Board of Trustees were held on October 18, 1932, December 6, 1932 and February 7, 1933.

At the October meeting the settlement of the suit brought by the American Trust Company against various stockholders of Vegetable Oil Corporation, including the U.S. Trust Company as holder of 37 shares of stock for the account of this institution and the Estate of Charles P. Eaton, deceased, was reported, the said settlement calling for the payment of $74. by this institution. The settlement was ratified and the thanks of the institution was extended to Messrs. Kellogg, Emery and

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Inness-Brown, who acted as counsel without charge.

At the regular meeting held on December 6th, 1932 routine matters were taken up. In addition to routine matters, Captain Robert. H. Bennett, of Washington, D. C., was elected a life member.

At the regular meeting held on February 7th, 1933, Mrs. Henry S. Dupont, the daughter of Edward Howe Wales, and Mr. Norris L. Bull of West Hartford, Connecticut, were elected life members.

At each meeting of the Board during the past year the Treasurer made interim reports as to the financial situation of the Museum with a detailed statement of all transaction. The Trustees took appropriate action from time to time in connection with the reduction of overhead, the making of a temporary loan and as regards the status of the investments in the various endowment funds.

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