GEOLOGICAL SOCIETY OF LONDON. 



ANNUAL GENERAL MEETING, FEB. 17, 1854, 

 REPORT OF THE COUNCIL. 



In laying their Annual Eeport before the Fellows of the Geological 

 Society, the Council have again the satisfaction of congratulating 

 them on its continued efficiency and prosperity. Its numbers have 

 increased during the past year, its income has considerably exceeded 

 its expenditure, and its publications have been more than usually 

 demanded by foreign geologists. 



During this period 26 new Fellows have been elected, and 5 elected 

 in the preceding year have paid their admission-fees ; making an in- 

 crease of 31 new Members. On the other hand, there have been 

 13 deaths, 8 resignations, and 5 removals, viz. Fellows whose names 

 have been struck off in accordance with the By-Laws of the Society ; 

 making the number of 26 to be deducted from 31, and leaving a 

 total increase of 5. No change has taken place in the numbers of 

 the Foreign Members ; the Society has lost 2 by death, but this has 

 been compensated by the election of 2 new Foreign Members. The 

 total number of the Society has been thus raised from 866 in 1853 to 

 871 at the commencement of the present year. 



The income of the Society during the past year (exclusive of compo- 

 sition-fees) has exceeded the expenditure by the sum of ^1 12 3s. 3d. ; 

 an excess owing principally to the increased number of admission- 

 fees. It will be remembered, that at the close of 1852 the excess of 

 income over expenditure during that year was ^670 \2s. 3d. 



The number of compounders at the close of 1852 was 133 ; at the 

 close of 1853 it was increased to 134, three having died during the 

 interval, and four Fellows having compounded ; three of whose com- 

 positions, together with one received in 1852, but too late to be funded 

 that year, have been invested in the funds. The total amount received 

 from these 134 compositions is ^64221. The amount of stock now 

 held by the Society is ^4014 15*. 8d., instead of ^63888 10*. 6d., 

 the amount held at the close of 1852 ; and its estimated value (taking 

 Consols at 90) is ^3613. 



One composition remains unfunded, and the Council have to an- 

 VOL. X. a 



