xxii REPORT OF THE COUNCIL, 1932-33 
In connection with so-called ‘ capital’ expenditure by the Association 
upon Down House, detailed in last year’s report, the statement was then 
made that the works of restoration, etc., included under this heading 
were within sight of completion. They have now been completed, and 
the ‘ capital’ expenditure account has been closed at the total sum of 
£3,292 15s. 2d., including catalogues in stock £110 (£119 less approximate 
cost of catalogues sold, £9). 
The Council have granted a lease of the cottage of Homefield to Sir 
Arthur and Lady Keith or the survivor of them, and have authorised 
Sir Arthur Keith to make agreed improvements in the property and 
structural additions to the cottage at his own charges. They have also 
granted an annual tenancy of a piece of land about three-quarters of an 
acre in extent to the Royal College of Surgeons. 
FINANCE. 
V.—The Council have received reports from the General Treasurer 
throughout the year. His accounts have been audited and are presented 
to the General Committee. As the General Committee last year adopted 
a proposal that the financial year of the Association should run from 
April 1 to March 31, the present audited accounts cover a period of nine 
months after June 20, 1932, the close of the last financial year under the 
former plan. A pro forma account of expenditure and income for the 
year as from April 1, 1932, has therefore been added. 
Expenditure from Lt.-Col. Alan Cunningham’s bequest for the 
preparation of new mathematical tables in the theory of numbers has 
been made or sanctioned as follows :—Purchase of calculating machine ; 
preparation of tables of ideal numbers (Dr. E. L. Ince) ; publication of 
Factor Table to 100,000. 
The Council have been informed that the Seismology Committee of 
the Association is a prospective beneficiary in the sum of £1,000 under 
the will of Dr. J. E. Crombie. 
They have also been informed that the Association is a beneficiary 
in the sum of {£1,000 under the will of Mr. Bernard Hobson, ‘ to be 
invested and the proceeds annually devoted to the promoting of definite 
geological research, the trust fund to be called the Bernard Hobson Fund.’ 
The Council propose that they should administer this fund, that it shall 
be competent for the Committee of Section C (Geology) to recommend 
grants as a charge upon the fund, and that grants may be made from it 
in response to special applications arising in the course of any year. 
The Council recommend that a sum not exceeding {£400 should be 
allocated to grants to Research Committees from general funds for the 
ensuing year. 
PRESIDENT (1934), GENERAL OFFICERS, COUNCIL AND COMMITTEES. 
VI.—The Council nominate as President of the Association for the 
year 1934 (Aberdeen Meeting) Sir William Bate Hardy, F.R.S. 
