Estate Duty, 



Attention is also directed to the correspondence printed on 

 page 95 of the January Transactiofis, from which it will be seen 

 that the cost of replanting the area from which timber has been 

 removed is reckoned amongst the "necessary outgoings" which 

 can be deducted from moneys received from the sale of the 

 timber when felled, before Estate Duty is leviable. It is, of course, 

 assumed that the woodland area of the Estate is to be maintained, 

 and that the replanting will therefore be carried out. 



Dedicatw7i of the Thistle Chapel. 



The Council had the honour to receive invitations for four 

 members to attend the Dedication of the Thistle Chapel in 

 St Giles' Cathedral, when their Majesties the King and Queen 

 were present. Messrs Massie and Forbes, and Dr Borthwick, Vice- 

 Presidents, and the Secretary, attended the service and represented 

 the Society on that interesting and historic occasion. 



Experiments with Raihvay Sleepefs. 



jNegotiations have been continued with a view to obtain 

 sleepers of home-grown timber for these experiments which the 

 Scottish railway companies have all kindly agreed to carry out. 

 Several sets of sleepers (two of them obtained through the 

 Landowners' Co-operative Forestry Society) have already been 

 handed over to the railway companies. It is hoped that other 

 proprietors will come forward with offers of sleepers, so that the 

 number of experiments may be increased and their value 

 correspondingly enhanced. Offers of oak, elm, poplar, Douglas 

 and Silver fir and Menzies spruce will be welcomed. 



Sample Forest Survey. 



The Forest Survey of Glen Mor was duly completed by Lord 

 Lovat and Captain Stirling and was considered by the Council 

 at a special meeting held in April. It was then agreed to print 

 the Report as vol. xxv. of the Transactions., under the title of 

 "Afforestation in Scotland," and to issue it free of charge to all 

 members of the Society, and to put it into the hands of the 

 booksellers for public sale. Two thousand five hundred copies 

 were printed, and many of these have been sold. It will be seen 

 from the accounts that the total cost of the Survey, including the 

 printing and postage to members, was /^334, 9s. 6d. A sum of 

 ;^i4, 14s. 5d. has already been received for advertisements in 

 the Report and for sales, and it is expected that a further 

 substantial sum will yet be received. As explained in the 

 proceedings of the General Meeting at Inverness, a copy of the 



