  Consider a homogenous fluid membrane, or vesicle, described by the
Helfrich-Canham energy, quadratic in the mean curvature. When the membrane is
axially symmetric, this energy can be viewed as an `action' describing the
motion of a particle; the contours of equilibrium geometries are identified
with particle trajectories. A novel Hamiltonian formulation of the problem is
presented which exhibits the following two features: {\it (i)} the second
derivatives appearing in the action through the mean curvature are accommodated
in a natural phase space; {\it (ii)} the intrinsic freedom associated with the
choice of evolution parameter along the contour is preserved. As a result, the
phase space involves momenta conjugate not only to the particle position but
also to its velocity, and there are constraints on the phase space variables.
This formulation provides the groundwork for a field theoretical generalization
to arbitrary configurations, with the particle replaced by a loop in space.
