By expenses, volumes, proceedings, circulars, etc.: The University of Chicago, printing 5,500 copies of volume (915, 887) $ 4,268.41 Te Board of Trustees, National Educational Association: I hereby certify that I have personally examined the books of I. C. NcNeill, Treasurer, and have compared them with the orders issued by the chairman of the Board of Trustees, and receipts for bills paid, and find them and this report correct to the best of my knowledge and belief. †The Union National Bank of Denver declared two dividends of 5 per cent, each, leaving the above balance. THIRTEENTH ANNUAL REPORT OF THE BOARD OF TRUSTEES, To the Board of Directors of the National Educational Association: The Board of Trustees presents the following report of the Permanent Fund of the National Educational Association, and its income, for the year ending June 30, 1899: Permanent Fund, July 1, 1898: Mortgages on real estate...... Kansas school and municipal bonds Illinois, Indiana, and Missouri school bonds Cash on hand for investment. Cash received from I. C. McNeill, Treasurer, transferred to Permanent Fund from proceeds of the Washington meeting and from income of Permanent Fund.... $8,000.00 32,737.00 20,500.00 2,763.00 $64,000.00 10,000.00 $74,000.00 $74,000.00 500.00 100.00 200.00 440.00 800.00 800.00 350.00 475.00 272.00 100.00 400.00 500.00 500.00 200,00 100.00 $61,237.00 Investments during the year-real-estate mortgages: No. 5136 Hibbard avenue, Chicago No. 428 West Adams street, Chicago. Total investment July 1, 1899... $ 5,000.00 6,737.00 $54,500.00 13,000.00 $67,500.00 SCHEDULE OF SECURITIES AND BONDS BELONGING TO THE PERMANENT FUND OF THE NATIONAL EDUCATIONAL ASSOCIATION, JULY 1, 1899 The foregoing securities were examined at the Merchants' Safety Deposit Vaults, Chicago, September 11, 1899, and I certify that the thirteenth annual report of the Board of Trustees is a correct statement of the investments belonging to the Permanent Fund of the National Educational Association in the custody of A. G. Lane, chairman of the Board of Trustees. (Signed) L. D. HARVEY. |