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Heretofore a Fellow or Master was accorded active life membership upon the payment of five hundred dollars in cash, or of one hundred dollars each year for five years. The original initiation fee of one hundred dollars was deducted from the total subscription, which in effect reduced the additional payment for life membership to four hundred dollars.
At a meeting of the Board of Regents at Montreal, February 10, 1933, due to changed conditions, a new plan of life membership was adopted. The maximum cost of life membership was reduced to three hundred dollars, plus the initiation fee, up to
NEW LIFE MEMBERSHIP PLAN AMERICAN COLLEGE OF PHYSICIANS. Ann Intern Med. ;6:1514–1516. doi: 10.7326/0003-4819-6-11-1514
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Published: Ann Intern Med. 1933;6(11):1514-1516.
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