283 
With regard to the finances of the Academy, the Council have the 
pleasure of stating that they are in a satisfactory condition. All liabi- 
lities have been discharged up to the latest period ; the funded property 
has been slightly increased by the investment of the Life Compositions, 
in accordance with the Rule to that effect ; and the Treasurer hopes that 
the balance to be carried over, after the closing of the accounts on the 
31st inst., will be larger than that of last year. 
It has been thought desirable to insulate the Museum and Library 
from the rest of the premises occupied by the Academy, in order to 
guard, so far as possible, against the extension of fire which might ori- 
ginate in the dwelling-house. With this view, the Board of Works is at 
present constructing iron doors to separate the Library and Museum from 
the remainder of the building. 
The President, in his inaugural Address, called attention to the ne- 
cessity of preparing a new edition of the Laws and Statutes of the Aca- 
demy. From the frequent partial changes which have been made in 
them, it is, in some cases, difficult to determine whether or not a parti- 
cular provision has been repealed, or still continues in force. The Coun- 
cil have undertaken, and made considerable progress towards complet- 
ing, a systematic revision and consolidation of the entire body of our 
Statutes. It would greatly facilitate this useful operation, if the Aca- 
demy would intrust the Council with power to classify and re-arrange 
the Laws, and to introduce such changes of expression as will not alter 
the substance or sense. The Council would thus be enabled, without 
much difficulty, to submit, for the acceptance of the Academy, a com- 
plete and self-consistent code. 
The Academy has lost by death during the past year seven Mem- 
bers, viz. :— 
Francis Barxer, M. D.; elected 9th January, 1837. 
Huex Carton, M.D.; elected 13th May, 1850. 
Henry Grarran, Esq.; elected 24th August, 1857. 
Hewry Horton, Esq.,; elected 28th February, 1825. 
Rey. Dionystus Larpner; elected 16th March, 1820. 
Rozsert M‘Dermort, M.D.; elected 9th June, 1856. 
Wr11um F. Monreomery, M. D.; elected 28th April, 1828. 
And three Honorary Members, viz. :— 
Baron ALEXANDER von Humspo.pr. 
Wasutineton Irvine, Esq. 
Rieut Hon. Lory Macavray. 
Nine Members have been elected within the year, viz. :— 
F. Clarke, M. D. W. D. Moore, M. B. 
HK. A. Conwell, Esq. Captain A. M. Moore 
Rev. B. Dickson. _ A. J. R. Stewart, Esq. 
William Foley, M.D. Laurence Waldron, Esq., M. P. 
James Haughton, Esq. 
No Honorary Members have been elected. 
