GEOLOGICAL SOCIETY OF LONDON. 



ANNUAL GENEBAL MEETING, FEB. 20, 1863. 



REPORT OF THE COUNCIL. 



In presenting their Annual Eeport to the Fellows of the Geological 

 Society, the Council have again to congratulate them upon the nu- 

 merical increase in the Society during the past year, and also upon 

 its financial prosperity. 



The augmentation in the number of the Society has occurred 

 through the election of forty-six new Fellows, forty- two of whom have 

 paid their fees. These, with seven previously elected who paid their 

 fees in 1862, make up the unusually large number of forty-nine 

 new Fellows. This increase is probably attributable to the equali- 

 zation of subscriptions in accordance with a resolution passed at a 

 Special General Meeting held on February 26th, 1862, by which 

 all Fellows elected after March 1st, 1862, pay £2 2s. annually, and 

 by which those previously on the books as Resident Fellows pay the 

 same amount, instead of the former scale of contribution. 



Against this increase must be placed the loss which the Society 

 has sustained by the death of fifteen Fellows and the resignation of 

 five others. Four Foreign Members have died, and the places of 

 three have been filled up by the election of new Members. The 

 number of extraordinary Members has also been reduced by the 

 death of one Honorary Member. 



The total number of the Society at the close of 1861 was 940 ; at 

 the close of 1862, 969. 



No special items have occurred in the expenditure of the year, 

 but, on the contrary, the expenses of the Museum have been con- 

 siderably reduced ; consequently the Income has exceeded the Expen- 

 diture by £227 2s. 9d. 



The Funded property of the Society remains the same as at the 

 last Anniversary, viz. .£4350. 



At a Special General Meeting held on January 8th, 1863, it was 

 resolved : — 



I. That the number of Foreign Members be in future limited to 

 forty, instead of fifty as heretofore. 



vol. xix. a 



