ANNUAL MEETING. 3 



MacGregor, D.D., A. ; Admiral H. B. Phillimore, C.B., E.N., 3f. ; P. W. 

 Eeiamuth, Esq., H.C.M. ; the Very Reverend Dean R. Payne Smith, 

 D.D., M. ; the Rev. Cassidy Travers, A.; the Rev. H. F. Wright, M.A., J. 

 L. Life. M. Member. A. Associate. 

 6. The following is a statement of the changes which 

 have occurred: — 



Finance. 



7. The Treasurer's Balance-sheet for the year ending 

 December 31, 1894, duly audited,* showing total receipts 

 £1,109 Is. 3f?. ; expenditure £1,051 Is. lid ; leaving a balance 

 creditor of £57 19s. 4d, after the payment of all liabilities, 

 Avith the exception of the printer's bill for the last quarter 

 of the year. The amount invested in 2| per Cent. Consols is 

 £1,365 18s. M. 



8. The Council desires to urge the very great importance 

 of all subscriptions being remitted during the first half of 

 the year (Bye-law III, 3). Adherence to the rule on this 

 point would remove a difficulty in the management of the 

 Institute. Forms for the payment of the subscriptions 

 through a banker are used by a large number, and may be 

 had at the office. 



9. The arrears of subscriptions are as follows : — 



1882. 1883. 1884, 1885. 1886. 1887. 1888. 1889. 1890. 

 Members .... 1210 13 355 



Associates .... 613288554 



* Colonel T. A. Le Mesurier was elected additional auditor at the 

 Annual Meeting of 1894. 



B 2 



