EXTRACT FROM THE LAWS. 



CHAPTER Xir. 



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 pre- 

 miums, to be adjudged by them to the author of the best discovery, or 

 most useful invention, 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 condi- 

 tions, prescribed by the donor and agreed to- by the Society, upon which 

 the said annual premiums will be awarded. 



CONDITIONS OF 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 liis discovery, invention, or improvement, he shall also send a 

 sealed letter containing the same motto, device, or signature, and sub- 

 scribed Avith the leal 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 ' 

 premium, which hath beeii already published, or for which the ' 

 hath been publicly rewarded elsewhere. 



4. The candidate shall communicate his discovery, inv im- 

 provement, either in the English, French, German, or ^ jUage. 



5. All such communications shall be publicly read ed to the 

 Society at some stated meeting, not less than one ' vious to tlie 

 day of adjudication, and shall at all times be .e inspection of 

 SUCH members as shall desire it. But no m*^ » carry home wvtli 



