XII ARTICLES OF INCORPORATION. 



Wright, who shall constitute the first board of trustees. The board of trus- 

 tees shall have power from time to time to increase its membership^ to not 

 more than twenty-seven members. Vacancies occasioned by death, resigna- 

 tion, or otherwise shall be filled by the remaining trustees in such manner as 

 the by-laws shall prescribe; and the persons so elected shall thereupon 

 become trustees and also members of the said corporation. The principal 

 place of business of the said corporation shall be the city of Washington, in 

 the District of Columbia. 



Sec. 4. That such board of trustees shall be entitled to take, hold and 

 administer the securities, funds, and property so transferred by said Andrew 

 Carnegie to the trustees of the Carnegie Institution and such other funds 

 or propertj'' as may at any time be given, devised, or bequeathed to them, 

 or to such corporation, for the purposes of the trust; and with full power 

 from time to time to adopt a common seal, to appoint such officers, members 

 of the board of trustees or otherwise, and such employees as may be deemed 

 necessary in carrying 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 corporations 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 additional dona- 

 tions, 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. Gil- 

 man, 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 Wash- 

 ington, 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 corpora- 



