il ANNIVERSARY MEETING. 
the close of 1846 was £3150 5s. 6d. At the close of 1847, in con- 
sequence of the fall of Consols from 94 to 86, it was, notwithstand- 
ing the investment of compositions, reduced to £2970 4s.; the 
amount of Consols held by the Society being £3453 14s. 7d. 
The Council have the satisfaction of announcing to the Society 
that the appointment of Mr. James Nicol as Assistant Secretary and 
Librarian has been confirmed by a General Meeting of the Society ; 
and they cannot but congratulate the Society on having secured the 
services of a gentleman under whose auspices the editing of the 
Journal has been so prosperous and satisfactory. 
They have also to announce that they have resolved that, in the 
present state of the Finances of the Society, the expense incurred in 
the care of the Museum shall not exceed the sum of £50 for the pre- 
sent year. They regret that in consequence of the adoption of this 
arrangement, it is no longer possible to retain the services of Mr. J. 
deCarle Sowerby; and they are unwilling to take leave of that gentle- 
man without availing themselves of this opportunity of expressing 
their high sense of his merits, and of the attention and assiduity 
with which he has performed the duties assigned to him by the 
Council. 
The Council have to announce the completion of the third volume 
of the Quarterly Journal of the Geological Society, and the publica- 
tion of the first part of Vol. IV., the Council having resolved that 
the publication of the Journal shall be continued on the same plan 
and conditions as heretofore; and they consider it their duty to 
point out the advantages which will accrue to the funds of the 
Society, and to the diffusion of geological information, by an in- 
creased number of subscribers. 
In conclusion, they have to announce that they have awarded the 
Wollaston Palladium Medal for the present yearto William Buckland, 
D.D., the Very Reverend the Dean of Westminster, for the valu- 
able services rendered by him to Geology by his researches in the 
field, communicated to the world in many important papers and 
treatises, and in his public lectures in the University of Oxford, and 
also for the energy and zeal he displayed as one of the earliest 
Members of this Society, thereby contributing largely to increase its 
usefulness in the cause we are united to promote; and that they 
have resolved that the balance of the proceeds of the Donation Fund 
for the present year be appropriated to making available to science 
the fossils which were received from the Cape of Good Hope in 
1844 from Mr. Geddes Bain, and which are now in the vaults of the 
Society’s house, amongst which the interesting remains of the Dicy- 
nodon were discovered, and have been since described by Prof. 
Owen; and that a Committee, consisting of Prof. Owen, Dr. Mantell 
and Mr. Bowerbank, be appointed to carry out the above-mentioned 
objects. 
The Report of the Museum and Library Committee will be given in 
No. 15 of the Journal of the Society. 
