Fourth Meeting. May 17, 1870.
His Honor Mr. Justice Ward, President, in the chair.

1. “On Co-operation as regards the Union of Capital and Labour,” by Stuart Hawthorne. (See Transactions.)

The discussion on this paper was deferred.

Mr. Webb stated that a collection of ferns, one of the most complete in New Zealand, had been presented to the Society by their President, to whom he thought they should tender their thanks and wishes for his future success.

The President, in reply, stated that his having been chosen the first President of the Institute was one of the most gratifying incidents of his stay in Dunedin. He was not yet sure whether he would leave this city or not, but, under any circumstances, he would use his best efforts to forward the prosperity of the Otago Institute.