390 



and east, causing a repetition of the respective beds on each 

 side of the geological axis. 



Ordinary Meeting, June 2, 1908. 



The President (J. C. Verco, M.D., F.R.C.S.) in the 

 chair. 



Nomination.— W. G. Woolnough, D.Sc, F.G.S., of 

 Sydney University, as a Corresponding Member. 



New By-laws. — A sub-committee appointed by the 

 Council on April 25, 1908, to consider the way in which the 

 Society's finances should be managed, recommended that the 

 following By-laws be added to those already adopted : — 



Section V. — Finance — 



(1) All investments made by the Society in stock or 



other securities shall be in the name of "The Royal 

 Society of South Australia (Incorporated)," and 

 no dealings in or transfers of the same shall be 

 made except under the seal of the Society. 



(2) The receipt of the Treasurer shall be a sufficient re- 



ceipt for all interest or other revenue accruing 

 from such investments. 



(3) All subscriptions and other moneys received by the 



Treasurer shall be deposited in the name of "The 

 Royal Society of South Australia (Incorporated)," 

 in such Bank or Banks as the Council may from 

 time to time determine, and all cheques drawn 

 upon such Bank or Banks shall be signed by the 

 Secretary and Treasurer. 



(4) The Treasurer shall prepare annually a statement of 



receipts and expenditure, and a Balance-sheet, 



which shall be submitted to the Auditors for 



audit prior to the' Annual Meeting of the Society. 



(Signed) Walter Rutt, Convener; W. H. Sel- 



WAY. May 15, 1908. 



Proposed by Prof. Rennie, D.Sc, seconded by Mr. 



Samuel Dixon — "That the meeting accept and confirm the 



By-laws as recommended by the sub-committee." Passed. 



Exhibits.— Mr. W. Howchin, F.G.S., exhibited some 

 specimens from the quarries near Aldgate Railway Station, 

 which have an important bearing on the age of the Mount 

 Lofty beds. Mr. Howchin has already published his geologi- 

 cal observations on this locality, maintaining that at Aldgate 

 and elsewhere the Cambrian grits, etc., rest unconformably 

 on an older pre-Cambrian floor. The exhibits presented at 

 the meeting, Mr. Howchin stated, demonstrated that view to 



