190 
in the principle recommended in the Auditor’s Report for 1833, viz. 
of accumulating an amount of capital equal to that of sums received 
for the total number of existing Compounders. The number of 
Compounders at the close of 1839 was 108, and the value of their 
compositions was 3244/. 10s., while the estimated value of the funded 
property of the Society is now 2010/., or within 12347. 10s. ot the 
whole amount received for actual compositions, a much nearer ap- 
proach than the Society has ever yet made to the object which it 
has in view. 
The Council have to state that, following up the plan with regard 
to the salaried department of the Society which was laid down in the 
Report of 1838, Mr. Woodward has been appointed to the office of 
Sub-Curator, and that they have every reason to expect, from the 
manner in which he has entered upon his duties, that the Curator 
will be enabled to devote more of his valuable time to the other 
business of the Society. 
A new Part of the Transactions has been already published since 
the last Report, and another is ready to be laid upon the table in 
the course of a few days. 
The Council has also to announce that the following Bye-Law 
has been passed, in strict compliance with the prescribed forms, to 
enable British subjects residing in the Colonies and not personally 
known to Fellows of the Society to become Members : 
That British Subjects residing in British Colonies and desirous of be- 
coming Fellows, but known to Members of the Geological Society only by 
their works, may be recommended as Candidates into the class of Ordinary 
Fellows, and balloted for in the usual manner, provided that instead of one 
of the proposers certifying to personal knowledge, three Fellows of the So- 
ciety shall certify their acquaintance with the works or scientific attain- 
ments and respectability of the Candidate. 
The Council have further the great satisfaction of informing the 
Society that Mr. Greenough has generously transferred to the So- 
ciety the copper-plates of the second edition of his Geological Map 
of England, on conditions, which received the sanction of the Spe- 
cial General Meeting, held on the 5th of February, the Articles of 
Agreement having been duly prepared and drawn up by the Society’s 
Solicitors. The principal conditions of the transfer are, that the Map 
shall be published by the Society, who shall defray the cost of paper, 
printing, colouring, &c.; that these costs shall be reimbursed to the 
Society from the sums received on account of copies sold, the price 
of which is also fixed in the Articles of Agreement; and that the 
surplus received from such sales shall be paid over annually to Mr. 
Greenough, until he shall have been repaid the sum of 7187. 2s. 5d., 
the cost of drawing and engraving, incurred by him in the prepara- 
tion for the second edition of the said Map; after which the copper- 
plates are to remain the absolute property of the Society. 
The Council have resolved that the Wollaston Gold Medal be as- 
signed to M. Dumont of Liége, for his Memoir, Map, and Sections 
of the Geological Constitution of the Province of Liége, published 
in 1832, and that one year’s interest of the sqid fund, amounting to 
