1887.] 



205 



cal Society, Iowa City ; Impereal Observatorio do Rio de 

 Janeiro. 



Dr. Horn, from the Committee on the Datames Magna^ 

 reported progress, and on motion the Committee was con- 

 tinued. 



A paper by William Blasius on " The Signal Service Bu- 

 reau, its methods and results," was presented. 



Prof. Cope presented MS. of his communication on the 

 " Vertebrata of the Trias of New Mexico," with a plate. 



A communication was presented for the Magellanic pre- 

 mium, signed "Magellan," which was referred to Council. 



Pending nominations 1154 to 1168 and new nomination 

 1169 were read. 



Dr. Brinton, chairman of the Committee appointed April 1, 

 1887, presented a report, and the Committee was on motion 

 discharged. 



The President reported receipt and payment to the Treas- 

 urer of $132.43, interest on the Michaux legacy. 



Notice having been given to the members that the Society 

 would consider the subject of the sale of the French Rentes^ 

 constituting the corpus of the Michaux legacy, the subject 

 was taken up and the President informed the Society that he 

 had handed to Drexel, Harjes & Co., of Paris, an attested copy 

 of the resolution adopted on March 1-4, 1887, for the sale of 

 the said Rentes, and one of the forms of sale and transfer used 

 here for selling and transferring stocks and loans and inquired 

 whether the sale could be made in that way, and that he had 

 also sent to them a copy of the laws of this Society. In reply 

 they had sent a letter indicating what they by inquiry had 

 found to be deemed necessary, which letter was then read to 

 the Society. 



The President then stated that he had prepared the follow- 

 ing resolutions in order to meet the views suggested in said 

 letter, and submitted them for the action of the Society there- 

 on, as follows : 



" Resolved^ That the Society authorizes the sale of certifi- 

 cates of 2778 Rentes, French 3 per cent, which the American 

 Philosophical Society possesses in its name upon the books of 



