We are at present carefully working out our personal building programme for the year now before us. During the last three or four years, as you know, it was necessary for us to put aside all the money we possibly could so as to keep the business going on a business basis. I think we can now claim that the state of business is very much better, and we feel less obliged this year to be so careful. We believe in fact, that the time has come for us to make a change which we hoped to make some years ago but which we had to leave for the time being. At the present time each different class of our work is carried out in a separate place, as a result of our having had to add to our business little by little in the past. This, of course, not only makes extra work but also is the cause of much loss of time and money. It is now our purpose to have a new building put up entirely for our own use, a building which will be both beautiful and pleasant. We are not yet ready to tell you in full what we hope to do, but we shall do so as soon as possible. The secretary said: I have felt for some time that the members of the College Club should have a separate building in which they would be free to meet at any time. I feel sure you will all agree that the Club is now strong enough to make this possible. With this in view I have recently looked at a good deal of available property in an effort to get something to suit the members in every way. It is not, of course, very easy to get a building which is pleasant, near the College, and yet not too dear. I think, however, that I can offer you something which will meet your approval. The small building next to the church in this street is available for purchase, and I think it would be entirely satisfactory, as it is so near to the College. I am quite sure the cost would be too high for us; in view of the recent increase in the number of our member, and so, with you approval, I shall apply for the terms of purchase. I should like all the members of the Club to give careful thought to this, and when we meet next Thursday to let me know what they think about it. Should it be decided to purchase the property, it should be possible for us to have it available for the use of members in October.