REPORT OF THE COUNCIL. 169 



Hitchcock with permission of the Council. With no home or perma- 

 nent location for the Society, the proper disposition of library material 

 has been a problem. The result of the consideration of this question is 

 a prevailing sentiment in favor of depositing the Society's library in some 

 institution where it may be useful to the Fellows of the Society who are 

 far removed from the greal libraries of the eastern states. I>y authority 

 of the ( Jouncil the Secretary has held correspondence with several coll< a 

 and libraries with the result that offers are now before us to receive the 

 material on deposit under conditions which relieve the Society from all 

 expense, even for binding, while retaining full ownership. 



Finances. — The available incomeof the Societyis limited to the annual 

 dues and the inconsiderable interest from an investment of Less than 

 $1,200. This is barely sufficient to pay the cost of economical adminis- 

 tration and of a volume not expensively illustrated. 



The cost of volumes 1 and 2 is shown in the following tabulation : 



' OST o|' BULLETIX. 



., . . Vol.1. Vol.2. 



( OSt tO the Society: pp.593; pi. 13 J (pp.662; P I.23.) 



Letterpress ) 81,367 77 $1,935 27 



I llustrations 291 85 302 35 



Total $1,659 62 $2,237 62 



Cost to Authors : 



Illustrations §161 30 



Corrections..*. §38 00 27 25 



Brochure covers 68 00 30 00 



Total $106 00 $218 55 



Aggregate $1,765 62 $2;456 1 7 



fellows are urgently requested to assist in increasing the Society's in- 

 come and to establish a publication fund. The securing of subscriptions 

 to the Bulletin is a reliable help, even if not large. The Council desires 

 to repeal the demand for $10,000 as a fund for publication. 



Recommendations. — The Council makes the following recommenda- 

 tions : 



1. That the Council be authorized to increase the list of " exchangi 

 if deemed desirable, to a number not to exceed one hundred. 



•J. That the Council be authorized to deposit the library material ac- 

 quired by the Society iii sonic institution, under terms which shall leave 

 the Society in absolute ownership. 



.'!. That in recognition of his services to the Society Dr. J. J. Stevenson 



lie elected ;i Life Member, W'itll dlle- remitted. 

 LXIV I'.i 11 . ' 9oi , Am.. Y.. 1 . .. 1891 



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