Extract from the By-Laws. 



CHAPTER XII. 



OF THE MAGELLANIC FUND. 



Section 1. John Hyacinth de Magellan, in London, having in the year 

 1786 offered to the Society, as a donation, the sum of two hundred guineas, 

 to be by them vested in a secure and permanent fund, to the end that the 

 interest arising therefrom should be annually disposed of in premiums, to 

 be adjudged by them to the author of the best discovery, or most useful'in- 

 vention, relating to Navigation, Astronomy, or Natural Philosophy (mere 

 natural history only excepted) ; and the Society having accepted of the 

 above donation, they hereby publish the conditions, prescribed by the 

 donor and agreed to by the Society, upon which the said annual premiums 

 will be awarded. 



CONDITIONS OP THE MAGELLANIC PREMIUM. 



1. The candidate shall send his discovery, invention or improvement, 

 addressed to the President, or one of the Vice-Presidents of the Society', 

 free of postage or other charges ; and shall distinguish his performance by 

 some motto, device, or other signature, at his pleasure. Together with 

 his discovery, invention, or improvement, he shall also send a sealed letter 

 containing the same motto, device, or signature, and subscribed with the 

 real name and place of residence of the author. 



2. Persons of any nation, sect or denomination whatever, shall be ad- 

 mitted as candidates for this premium. 



3. No discovery, invention or improvement shall be entitled to this 

 premium, which hath been already published, or for which the author 

 hath been publicly rewarded elsewhere. 



4. The candidate shall communicate his discovery, invention or improve- 

 ment, either in the English, French, German, or Latin language. 



5. All such communications sliall be publicly read or exhibited to the 

 Society at some stated meeting, not less than one month previous to the 

 day of adjudication. .and shall at all times be open to the inspection of^ 

 such members as shall desire it. But no member shall carry home with 



