170 RECORDS. 



BUSINESS MEETING. 



March 2, 1903. 



The Academy met at 8.15 P. M., Vice-President Poor pre- 

 siding. The minutes of the last business meeting were read and 

 approved. 



The Secretary reported from the Council as follows : that 

 the Executive Committee of the Council, constituted a Com- 

 mittee on the Budget for 1903 presented the report, a copy of 

 which is filed herewith, which was accepted by the Council ; 

 that a special committee of the Council had considered the ad- 

 visability of depositing the library of the Academy in the Amer- 

 ican Museum of Natural History and had presented a report, a 

 copy of which is filed herewith, favoring such transfer ; the 

 Council had adopted this report. 



The following candidate for active membership, approved by 

 the Council, was duly elected : Ralph W. Tower, American 

 Museum of Natural History. 



The following candidates for election as Fellows of the Acad- 

 emy, on recommendation of the Council, were unanimously 

 elected : 



Frederick J. E. Woodbridge, Columbia University. 



Edward Phelps Allis, Jr., Mentone, France. 



Adjourned. 



REPORT OF THE COMMITTEE ON THE BUDGET. 



February 9, 1903. 



The Executive Committee, constituted by vote of the Coun- 

 cil on January 5th a Committee on the Budget, presents the fol- 

 lowing estimates for the year 1903 : 



Estimated income ;$3,ooo 



Cash on hand, December 15, 1902 3.756 



Estimated Expenses. 



Recording Secretar}- $300 



Librarian 200 



