system of fencing advocated would not be of general utility, they 

 recommended an award of a No. 1 Silver Medal, in consideration 

 of the care and trouble bestowed on the work. The recom- 

 mendation was adopted by the Meeting. The Secretary inti- 

 mated that the winner of the medal was Mr Anthony Simpson, 

 Forester, Bargany, Ayrshire. 



Report by the Council. 



The Secretary read the Report by the Council, which briefly 

 reviewed the work of the Society and of the Council during the 

 past year. The Membership at the close of the year was as 

 follows: — Honorary Members, 15; Life Members, 175; Ordinary 

 Members, 612; being a total of S0'2. 



The Report was approved of. 



Finances of the Society. 



The Accounts for the year ending 31st December 1S98, which, 

 after being audited, had as usual been printed and circulated 

 amongst the Members, were held as read. 



The following is a short abstract of the Accounts : — 



PAYMENTS. 



1. Printing and Station- 

 er}- 1 ", &c, .£136 12 3 



Less Receipts 

 for Advertise- 

 ments, . . 21 12 6 



£114 19 9 



2. Prizes, . . . .16 

 4. Dividend. Interest, and 3. Expenses of Management, 83 1 6 



Miscellaneous, . . 17 16 £199 7 3 



Balance of Pieceipts over Pay- 

 ments, . . . . 124 6 9 



£323 14 



£323 14 



The total funds of the Society at the close of the year 

 (including the donation of £30 for the Raith Bursary) amounted 

 to £578, 13s. 6d., of which £497, 18s. 5d. was invested, in the 

 names of the Trustees, in Caledonian Railway Co. 4 % Guaran- 

 teed Annuity Stock No. 2. The arrears of subscriptions carried 

 forward amounted to £32, 6s. 



On the suggestion of Mr George Fraser, Factor, Dalzell, it 



