The progress of the Society during the past year may on the whole be considered satisfactory. At the close of the last annual meeting, the number of members was 280, since which time 68 new members have been elected; but, as within the same period there has been a loss by deaths and resignations of 22, the total number on the society’s list at the close of this day’s proceedings will be 326. The annual income of the Society will consequently be £211 18s.
The Accounts, as examined by the Auditors, are given at the end of the Report, and exhibit the income and expenditure of the Society classed under the most important heads, from the 1st January, 1840, to the 22nd September, 1841: they show a balance in favour of the Society of £15 13s. 9d.; that there are outstanding debts, recently incurred, to the amount of £72 14s. 2d., and that the subscriptions yet due are £251, leaving a final balance in favour of the Society of £193 19s. 7d. The amount of subscriptions yet due is undoubtedly very large; but, when it is considered that the smallness of the individual subscriptions, and the distance at which the Members reside from one another render it impossible to employ a paid Collector, it will be seen how difficult it is for the Treasurer to collect them; but at the same time this difficulty would be easily obviated by the Members regularly transmitting their subscriptions, either by a post-office order, ...
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