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the establishment and endowment of a Prize Fund, in memory 

 of her deceased brother, who was an honored member of the 

 Society. The Society, at a stated meeting, held October 5, 

 1888, accepted the gift and agreed to make suitable rules and 

 regulations to carry out the wishes of the donor, and to dis- 

 charge the duties confided to it. In furtherance whereof, the 

 following rules and regulations were adopted by the Society 

 at a stated meeting held on the seventh day of December, 

 A.D. 1888 : 



First. The Prize Endowment Fund shall be called the 

 " Henry M. Phillips' Prize Essay Fund." 



Second. The money constituting the Endowment Fund, viz., 

 five thousand dollars, shall be invested by the Society in such 

 securities as may be recognized by the laws of Pennsylvania, as 

 proper for the investment of trust funds, and the evidences of 

 such investment shall be made in the name of the Society as 

 trustee of the Henry M. Phillips' Prize Essay Fund. 



Third. The income arising from such investment shall be 

 appropriated as follows : 



(a) To making public advertisement of the prize and the 

 sum or amount in United States gold coin, and the terms on 

 which it shall be awarded. 



(b) To the payment of such prize or prizes as may from time 

 to time be awarded by the Society for the best essay of real 

 merit on the Science and Philosophy of Jurisprudence, and to 

 the preparation of the certificate to be granted to the author 

 of any successful essay. 



Fourth. Competitors for the prize shall affix to their essays 

 some motto or name (not the proper name of the author, how- 

 ever), and when the essay is forwarded to the Society, it shall 

 be accompanied by a sealed envelope containing within the 

 proper name of the author, and, on the outside thereof, the 

 motto or name adopted for the essay. 



Fifth. At a stated meeting of the Society, in pursuance of 

 the advertisement, all essays received up to that time, shall be 

 referred to a Committee of Judges, to consist of five persons, 

 who shall be selected by the Society from nomination of ten 



