lO PROCEEDINGS OE TELE GEOLOGICAL SOCIETY. 



sent Meeting, by adopting this Eeport, will express its approval of 

 the course followed. 



The Council are of opinion that the time has arrived when the 

 Bye-Laws might be reconsidered, in order to ascertain whether the 

 introduction of any modifications would be to the advantage of the 

 Society. 



It will be remembered that the Special General Meeting of 

 November 23rd authorized the sale of such an amount of Stock 

 as might be necessary for the purpose of defraying the cost of 

 painting, repairs, &c. It is with much pleasure that the Council 

 are able to announce that no sale of Stock has been found requisite, 

 but that the whole cost of cleaning, painting, repairs, and ventila- 

 tion has been paid out of Income and the balance remaining at the 

 Society's credit after the Investments already mentioned had been 

 made. Thus an addition of .£500 has been secured to the Society's 

 permanent Investments, besides defraying all expenses, ordinary 

 and extraordinary. The Council have no doubt that the very 

 material improvement thus manifested in the financial position of 

 the Society, as compared with that at the close of 1885, will be 

 considered very satisfactory. 



At the desire of many of the Fellows, a Conversazione, which was 

 well attended and gave general satisfaction, was held in the rooms 

 of the Society on the evening of the 2nd November last. 



The Council have to announce the completion of Vol. XLIII., 

 and the commencement of Yol. XLIY. of the Society's Quarterly 

 Journal. 



The Council have awarded the WoUaston Medal to H. B. Medlicott, 

 Esq., P.E.S., P.G.S., in recognition of the additions made by him 

 to our knowledge of the Geology of India. 



The Murchison Medal, with the sum of Ten Guineas from the 

 proceeds of the Fund, has been awarded to Prof. J. S. Newberry, 

 M.D., F.M.G.S., of New York, as a mark of appreciation of the 

 long series of researches made by him into the Geology and Palseon- 

 tology of Ohio and of other parts of the IFnited States. 



The Lyell Medal, with a sum of Twenty-five Pounds from the 



roceeds of the Fund, has been awarded to Prof. Henry AUeyne 



Nicholson, M.D., D.Sc, F.G.S., in testimony of the value of his 



Geological investigations in the Lake District and in Canada, and of 



his studies of many obscure forms of Ancient Life. 



The balance of the proceeds of the WoUaston Donation Fund has 

 been awarded to John Home, Esq., F.E.S.E., F.G.S., in token of 

 appreciation of his contributions to the Geology of the Yolcanic and 

 Glacial Eocks of Scotland, and to assist him in the further prosecu- 

 tion of his researches. 



The balance of the proceeds of the Murchison Geological Fund 

 has been awarded to E. Wilson, Esq., F.G.S., in recognition of the 

 alue of his researches into the Geology of the Midland and South- 

 western counties of England, and to aid him in further investiga- 

 tions. 



One moiety of the Balance of the proceeds of the LyeU Geolo- 



