period since its establishment. And it is with pleasure that 

 your Council recognize amongst the number, many whose 

 habits and pursuits qualify them, in a peculiar manner, to 

 render the most efficient services to your society, and who 

 have already given decisive pledges of their future zealous 

 co-operation. 



It will be seen, by the annexed statement from your 

 Treasurer, that, in consequence of the creation of six pro- 

 prietary members since the last report, a considerable sum, 

 amounting, with the deposits of dl?200 at that time in his 

 hands, to .£800, is owing to the Building Fund. It is with 

 regret, however, that they allude to the inadequacy of 

 your annual income to the current expenditure of the 

 society, a subject on which it has been the misfortune of al- 

 most every preceding Council to offer a similar lamentation. 

 Persuaded, after a careful review of their proceedings, in the 

 ■disposal of its funds, that every attention compatible with 

 a just appreciation of its interests, has been given to eco- 

 nomy, they feel no reluctance in referring so pointedly to the 

 subject of finance. The experience of every year forces 

 them to the conclusion, that your present income is insuffi- 

 cient to meet the varied requirements of an institution em- 

 bracing so many important objects, each of which possesses 

 claims upon your, regard. Your Council would, therefore, 

 submit to your consideration the expediency of adopting, at 

 SL future occasion, some propositions similar to those which 

 were discussed at the last general meeting of the preceding 

 session, respecting the increase of the subscription of ordi- 

 nary members. The sacrifice required by each member 

 would be inconsiderable, and would be certainly compensated 

 by the increase of his advantages, and by the satisfaction of 

 perceiving a higher degree of vigour and respectability im- 

 parted to the society''s operations. 



It would have been very gratifying to your Council, if 

 they could have announced to you on the present occcasion 

 the immediate prospect of realizing the hopes expressed in a 



