ARTICLES OF INCORPORATION. 



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seal, to appoint such officers, members of the board of trustees or 

 otherwise, and such employees as may be deemed necessary in carry- 

 ing on the business of the corporation, at such salaries or with such 

 remuneration as they may deem proper ; and with full power to 

 adopt by-laws from time to time and such rules or regulations as may 

 be necessary to secure the safe and convenient transaction of the 

 business of the corporation ; and with full power and discretion to 

 deal with and expend the income of the corporation in such manner 

 as in their judgment will best promote the objects herein set forth 

 and in general to have and use all powers and authority necessary 

 to promote such objects and carry out the purposes of the donor. 

 The said trustees shall have further power from time to time to hold 

 as investments the securities hereinabove referred to so transferred 

 by Andrew Carnegie, and any property which has been or may be 

 transferred to them or such corporation by Andrew Carnegie or by 

 any other person, persons, or corporation, and to invest any sums or 

 amounts from time to time in such securities and in such form and 

 manner as are permitted to trustees or to charitable or literary cor- 

 porations for investment, according to the laws of the States of New 

 York, Pennsylvania, or Massachusetts, or in such securities as are 

 authorized for investment by the said deed of trust so executed by 

 Andrew Carnegie, or by any deed of gift or last will and testament 

 to be hereafter made or executed. 



Sec. 5. That the said corporation may take and hold any addi- 

 tional donations, grants, devises, or bequests which may be made 

 in further support of the purposes of the said corporation, and may 

 include in the expenses thereof the personal expenses which the 

 trustees may incur in attending meetings or otherwise in carrying 

 out the business of the trust, but the services of the trustees as such 

 shall be gratuitous. 



Sec. 6. That as soon as may be possible after the passage of this 

 Act a meeting of the trustees hereinbefore named shall be called by 

 Daniel C. Gilman, John S. Billings, Charles D. Walcott, S. Weir 

 Mitchell, John Hay, Elihu Root, and Carroll D. Wright, or any 

 four of them, at the city of Washington, in the District of Columbia, 

 by notice served in person or by mail addressed to each trustee at 

 his place of residence ; and the said trustees, or a majority thereof, 

 being assembled, shall organize and proceed to adopt by-laws, to 

 elect officers and appoint committees, and generally to organize the 

 said corporation ; and said trustees herein named, on behalf of the 

 corporation hereby incorporated, shall thereupon receive, take over, 



