GEOLOGICAL SOCIETY OF LONDON.
ANNUAL GENERAL MEETING, FEB. 18, 1870.
REPORT OF THE COUNCIL FOR 1869.
The Council of the Geological Society, in presenting their Report for the year 1869, have again to congratulate the Fellows on the continued prosperity of the Society, although from the numerous deaths which have taken place among the Fellows, their number has not increased so much even as last year.
The number of new Fellows elected is 54, of whom 44 paid their fees before the end of the year, making, with 8 previously elected Fellows who paid their fees in 1869, an effective increase of 52 Fellows. But against this we have to place the loss of 25 Fellows by death, and of 9 by resignation, giving a net increase of 18 ordinary Fellows. The number of Contributing Fellows is now 511.
The death of 2 Foreign Members and of 1 Foreign Correspondent was announced in 1869.
The total number of Fellows and Foreign Members and Correspondents of the Society at the end of 1868 was 1204; and at the end of 1869, 1222.
The Council have much gratification in reporting that the Income of the year 1869 has exceeded the Expenditure by £98 15s. 9d., notwithstanding the investment of £200 in the purchase of £214 3s. l0d. of 3 per cent. Consols. The total Receipts were £1966 11s. 5d., and the total Expenditure £1867 15s. 8d.
With regard to the Arrears of Contributions, noticed in the Report of the Auditors as being due from Fellows, the amount of which appears to be considerable, it may be observed that about one-third of this amount is due from Fellows who have been for some time resident abroad, or whose address cannot be discovered; and a considerable part of the rest is irrecoverable, although every endeavour has been made to obtain payment.
