New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-02-07
ANNUAL MEETING OF THE AMERICAN INSTITUTE

The annual meeting OF the American lnStl-
President Gregory in the chair and John W chambers
acting as Secretary The minutes Of the last meeting
read and approved The report OF the Committee
on New Members show that the increase Of members for
the year lsGG 24O and during 1867 4O giving an
increase OF 1877, making the total 64l The number OF
members belonging and that have belonged 10 the lnst
tute, is as follows: Honorary, So; correspondence 2o;
number OF members 1877. The Board Of Trustees, IN
making their annual report state in substance that they
take pleasure IN reporting the continued success inc
American Institute The amount received for dues fees
memberships, de- is %9l9 foL rents on real estate
$4,000 net proceeds Of the exhibition $1,000 sppropa
ton by the State for the encouragement Oh
County Fairs: slls7,5o making a t Sts Of Of
the annual tax the Broadway property and the cost
OF Improvements that nave Deen lately maui on ~, nd
the full payment of the ncumOrance since tc purchase
in lS9 amounting to $s29 CT, and the current expenses
the Institute there remained the 3st Of January
1865 balance IN the treasury OF $3.50 o5 Inc boara
say that the remarkable success attending the last xh
ayers embraces members who have had great ex-
perience in tine business OF conducting iairs; Ihey
alterations, and their combined wisdom III giving
efficiency TO the bylaws Of the Institute relating to
Exhibitions resulted in return OF profits more than
twice large that from the most successful OF al pre-
vOus Fairs namely, thaIof 1919 To fully appreciate me
Importance OF this result is not necessary 10 state that
~ 'v f s 9s % and mai he total suTes Of
all those Exhibitions from the year 1851 10 1907 was $3.50
o. that the losses within the same period being
deducted from this sum, the actual gain found 10 be
Sl22H 49, and If add the State Appropriation which
lately has been included in making up the hnal balance
5he .rUhnPtinn OF 1867 is shown 10 be si6-
ls7 so An amount nearly s. 900 greater than that
derived from all the Fairs for the past 10 years
The Board Of ManagersrepOrt follows Total receipts,
S39Oss o. total expenditures t2sl2 05 balance III treas
ury S52l5 90. The Library Committee report that many
important works have been added 10 the collection OF the
American Institute In order 10 make the library more
attractive, the works Of Irving, Cooper, DICK
ems. Scott, Herbert, Spencer, and others nave
been added The whole number OF volumes
up 10 the last date reported was 5000 The
number Of periodicals scientific and otherwise is 81
Mr.. Carpenter Tread the Horticultural Committee re
port They have watched with interest this branch OF
industry and by the and Of the new discoveries ch are
being made they hope that II will become more nd more
important After the Institute adjourned an informal
meeting was held hear the report OF the Nominating
Committee that appointed month since. Horace
Greeley was unanimously nominated as Presideht
he held next Thursday from 10 g. o'clock D.. IN.
IL was voted that the Library Committee in making their
selections would cOnine their purchases 10 works per
tanning agriculture. commerce, manufactures arts
and ne sciences The Committee on Charity, Mner0logy
and Geology read report saying the American PHOTO
graphic society has become section OIL the institute
Committee Oh McrOscopca Science was appointed.