398 



tipon the wood. Notwithstanding the saving of expense thus 

 attained, the cost of this part of the work (owing to the large 

 number of illustrations necessary) was considerable, being estimated 

 at betwepn £300 and £400. The current income not being sufficient 

 to bear the weight of this charge, the Council applied to the Aca- 

 demy, and on the 24th of June last, the Academy authorized the 

 Treasurer to sell stock to the amount of £400. 



** Since that time the engravings have been proceeded with, 

 and part of the sum voted has been already paid. The Committee 

 of Publication have recently received the assurances of the author, 

 that the manuscript will be shortly ready for the printer. The 

 essay, when printed, will occupy an entire volume of the Transac- 

 tions; and, from the expectations which have been raised respect- 

 ing the work, there can be no doubt that the sale will defray a 

 portion, at least, of the expense incurred. 



" To replace the stock above alluded to, as well as to guard 

 against a progressive diminution of the annual income of the 

 Academy from the practice of compounding for life, the Council 

 would suggest, for the consideration of the Council of the ensuing 

 year, the expediency of investing, in future, the proceeds of the life 

 subscriptions in the Government funds. 



" The following are the names of the members which the 

 Academy has lost by death within the last year : 



The Earl of Caledon. John Oldham, Esq. 



William Morrison, Esq. 



" The following are the names of the new members added to 

 the body since the 16th of March, 1839 : 



John U. Owen, M. D. John A. Bowles, Esq. 



Thomas Ehodes, Esq. Sir Philip Crampton, Bart. 



Edward Conroy, Esq. William J. Lloyd, Esq. 



Nicholas P. Leader, Esq. John Mollan, M. D. 



William E. Wilde, Esq. Frederick Burton, Esq. 



Alexander Parker, Esq. Joseph Napier, Esq. 



Jonathan Osborne, M. D. Thomas Hutton, Esq. 



William Longfield, Escj. Rev. Maurice M'Kay. 

 William Hill, Esq. 



