XIV JOURNAL OF THE BOARD. 



of Hamilton's or Huebus' (Habel ?) will would answer for the part re- 

 lating to the " increase and diffusion," &c. As for the medal I believe 

 no fund has been left to institutions for that purpose, and I should like 

 to have your opinion on it. 



Please return this letter with your answer, which I would like you to 

 let me have as soon as you can; taking, however, all the time you need 

 to make it so full and explicit that no further correspondence will be 

 necessary at this stage. I mean business if your answer is satisfactory. 

 For the present I desire this alfair to be treated as confidential, or if 

 necessary to mention to other parties, withhold the name. 



There is one thing I had rather do than make a bequest in favor of 

 the Institution, namely, pay over a certain sum, say $2,000 or $2,500, 

 in trust to the Eegents; provided I could receive the income during 

 life, the Institution to have the sole use and possession of the same after 

 my death. Would the Institution be authorized to accept a sum of 

 money on such terms ? 

 Eespectfully, 



After full discussion of the subject it was, on motion of Mr. Edmunds — 



Resolved, That the communication be referred to the Executive Com- 

 mittee with full power to act in relation to it. 



The Secretary, Professor Baird, presented his annual report of the 

 operations of the institutfon for the year 1884, which was read in part. 



On motion of Dr. Maclean, the Secretary was instructed to transmit 

 the report to Congress. 



On motion of Mr. Edmunds, it was — 



Resolved (1), That the fiscal year of the Institution shall hereafter ter- 

 minate on the 30th day of June in each year. 



(2) That the Secretary shall hereafter prepare and cause to be printed 

 and sent to each member of the Board on or before the first day of De- 

 cember in each year, his annual report. 



(3) That the annual meeting of the Board of Eegents shall hereafter 

 be held on the second Wednesday in January in each year. 



The Board then adjourned sine die. a 



IP 



fx 



