L02 PROCEEDINGS OF THE SOCIETY. 



question as to discrepancy between the number of Fellows and the 

 amounl of their subscriptions, it must be remembered thai a certain 

 number of Fellows were Life Members, the old original Fellows only 

 paid a guinea, and foreign and colonial Fellows paid a guinea and 



a half. 



Referring to the Balance Sheet, the sum "Sundry debtors" was 

 practically the same as last year, subscriptions owing amounted to about 

 £90, and £1K» was due for sales of the Journal. 



The amount of £143 "Sundry Creditors" was rather more than las! 

 year : the principal items were, £24 subscriptions paid in advance, £101 

 due for printing the Journal, etc. Examining the above figures it would 

 be noted that about £60 more was owing to the Society than was owed 

 by the Society. 



With regard to the value of the Investments, these were taken at 

 the same value as last account, that value being based on the official 

 quotations for December 31, 1913. 



After this explanation by the Treasurer, the Resolution for the 

 adoption of the Report of Council and the Treasurer's Statement was 

 carried unanimously. 



Mr. Bruce Capell said he was glad to have been afforded the oppor- 

 tunity of proposing a hearty vote of thanks to the Honorary Officers of 

 the Society. The great enjoyment given to members at the various 

 meetings of the Society, when so many interesting papers, communications 

 and exhibitions were given, was chiefly owing to the careful and experi- 

 enced manner in which they were arranged. 



Mr. William Gardner said he had very great pleasure in seconding 

 the proposal, which, having been put to the Meeting, was carried 

 unanimously. 



Dr. Shillington Scales acknowledged the indebtedness of the Council 

 for the appreciation the Meeting had shown towards their efforts during 

 the year. He would not detain members that evening by any detailed 

 account of the work of the Society — in any case the present year would 

 be an anxious one. The first difficulty at the commencement of the 

 Session which had confronted them was the stopping of the Conver- 

 sazione which had been such a marked success during the past few 

 years ; the Council, however, considered that it was only right to do this 

 in view of the circumstances of the European War. The Secretaries 

 anticipated further difficulties in regard to the carrying on of the 

 Meetings, but he thought all present w T ould agree with him when he 

 said that so far the present Session had brought forward papers and 

 communications of much interest, whilst the Meetings were well attended. 

 The financial position might be considered very satisfactory. There had 

 been a slight drop in Fellowship during the year, though less than had 

 been anticipated in view of the circumstances, and when the war was 

 over it was confidently hoped that the depreciation in numbers would 

 again be made up. 



Mr. Edward J. Sheppard proposed that the best thanks of the 

 Society be accorded to the Auditors and to the Scrutineers of the Ballot. 



Mr. Freshwater seconded the proposal, which was put to the Meeting 

 and carried unanimously. , 



