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10 No. Pac. R. R. Prior Lien 4s bought at 96%. 5 Pa. R. R. Consolidated 41⁄2s bought at 107%. 5 Ill. Central R. R. 4s due 1952 bought at 912 5 $1,000 U. S. Government bonds (4% Third Liberty Loan) .....

$9,637.50
5,356.25
4,575.00

5,000.00

10 $1,000 U. S. Government bonds (44% Second Liberty Loan)

10,000.00

$34,568.75

$53,342.29

Total cash on hand and funds invested.....

SCHEDULE "A.”

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GENTLEMEN: Pursuant to engagement we have made an audit of the books and accounts of Mr. Frederick E. Wadhams, Treasurer of your Association, for the fiscal year ending August 14, 1920.

We find that all receipts and disbursements have been properly accounted for, the latter with satisfactory vouchers. We certify that the accompanying report, showing total receipts for the year of $81,493.15 and disbursements of $62,719.61, is a correct summary of said books and accounts.

We secured statements from the banks, confirming the funds on deposit as stated, and we examined the securities in the Albany Safe Deposit Co., where they are deposited for safe keeping, and found them correct and in agreement with the list.

Respectfully submitted,

NEW YORK STATE AUDIT Co.,
BRACE M. GALLIEN, C. P. A.,
President.

The foregoing account has been examined in connection with the vouchers and the certificate of the New York State Audit Company, dated August 20, 1920, and the total funds invested. and cash on hand found to be $53,342.29, as stated in the account. CHARLES J. O'CONNOR, MARION C. EARLY.

ST. LOUIS, MO., August 24, 1920.

REPORT

OF THE

EXECUTIVE COMMITTEE

ST. LOUIS, Mo., August 25, 1920.

To the American Bar Association:

The Executive Committee respectfully reports that under Article III, Section "d," of the Constitution providing for election of members between meetings of the Association, the committee has elected 778 members of the Association, upon nomination by a majority of the Vice-President and Local Council of the respective states.

The Executive Committee has also, by virtue of authority conferred upon it by Article III of the Constitution, elected to honorary membership the Rt. Hon. Viscount Finlay of Nairn.

Two meetings of the Executive Committee have been held in 1920, the first in Philadelphia, Pa., on January 8 and 9, and the second in Chicago, Ill., on April 8 and 9. Many matters of detail in the work of the Association were brought before and passed upon by the committee, as more fully appears from the minutes of those meetings.

It is with profound sorrow that the committee reports the death of the faithful Secretary of the Association, George Whitelock. Up to a few days previous to his death, Mr. Whitelock fully expected to attend the meeting of the committee in Philadelphia, but he died while the meeting was in session. A resolution was passed (which is embodied in the report of the Committee on Memorials) and the committee adjourned out of respect to his memory.

At its next session on January 9, the committee elected W. Thomas Kemp Secretary for the unexpired term.

A large amount of work has been done during the year by the Executive Committee and by special committees appointed by the President looking to a change in the policy, scope and character of the AMERICAN BAR ASSOCIATION JOURNAL. The result of these labors will be apparent in the copy of the new JOURNAL which will be submitted to the members at this meet

ing. The Executive Committee's recommendations to the Association in this connection are as follows:

(1) That the character of the JOURNAL of the American Bar Association be changed so as to make it a publication representative of the ideals of the American Bar Association and such as will attract and interest the members of the whole profession. (2) That the new JOURNAL be published monthly beginning September, 1920, under the management of a paid editor and subject to the control and direction of a board of editors appointed by the Executive Committee of the Association.

(3) That the committee has appointed a Board of Editors consisting of S. S. Gregory as Editor-in-Chief, and George T. Page, John Lowell, Chester I. Long, Herman Oliphant and R. E. Lee Saner.

(4) That the general form and content of the publication as appears in the initial number, dated September, 1920, heretofore prepared under the direction of the said Board of Editors, be approved.

(5) That the Association proceed with the publication of the JOURNAL in its new form, as a monthly, along the lines above indicated, at an expense of not more than $40,000 per annum. Several resolutions referred to the Executive Committee at the last annual meeting were disposed of as follows:

Resolution concerning establishment of Court of Patent Appeals referred to Section of Patent Law for its consideration and report.

Resolution concerning prison reform and criminal court procedure was referred to the American Institute of Criminal Law and Criminology.

House Bill No. 15499 concerning incorporation of certain companies engaged in foreign trade referred to Committee on Jurisprudence and Law Reform.

The President appointed the following delegates on behalf of the Association to attend the meetings indicated:

Charles Evans Hughes, James M. Beck, Charles A. Boston and Walter George Smith, to attend a conference of the National Civic Federation in New York City on Monday, February 16, 1920.

Walter George Smith, James M. Beck, William H. Staake, C. A. Severance and Robert P. Shick, to attend the meeting of

the American Academy of Political and Social Science in Phila.delphia, May 7 and 8.

Moorfield Storey, Elihu Root, Charles A. Boston, John H. Voorhees and Edwin T. Merrick, to attend the Conference of Delegates from state and local bar associations in St. Louis, August 24.

William Howard Taft to attend the meeting of the Canadian Bar Association, in Ottawa, September, 1920.

The subject of By-Laws for the various Sections of the Association was placed in charge of a special committee which drafted a uniform set of By-Laws and sent them to each Section. The various Sections have placed on their program the subject of the adoption of By-Laws.

In pursuance of Article IV of the Constitution, the committee recommends that the Association establish an additional Section to be known as the Conference of Bar Association Delegates, which Section shall have power to adopt By-Laws as provided in said Article of the Constitution.

Upon resolution the President appointed a special committee to prepare and submit an efficient plan for increasing the membership of the Association.

The committee further reports that in accordance with ByLaws X and XII appropriations were made for the use of the respective committees, Sections, etc., not exceeding the following amounts:

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150

250

250

1,000

Noteworthy Changes in Statute Law

Membership

Uniform Judicial Procedure

Drafting of Legislation

Change of Date of Presidential Inauguration

Special Committee on Policy, Plan and Scope of

JOURNAL

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