724 PROCEEDINGS OF THE AMERICAN ACADEMY. 



shall uot at any one time be more than four hundred nor less than 

 forty. 



Section 2. Section six of said chapter forty-six, as amended by 

 section two of said chapter one hundred and twenty-nine, is hereby 

 further amended' by striking out the word "one," in the seventh line, 

 and inserting in place thereof the word : — two, — and by striking 

 out the word " three," in the eighth line, and inserting in place thereof 

 the word : — five, — so as to read as follows : — Section 6. That the 

 fellows of the said academy may, and shall forever hereafter be deemed 

 capable in the law of having, holding and taking, in fee-simple or any 

 less estate, by gift, grant, devise or otherwise, any lands, tenements or 

 other estate, real and personal : provided, that the said real estate shall 

 not exceed in value the sum of two hundred thousand dollars, and the 

 said personal estate shall not exceed in value the sum of five hundred 

 thousand dollars ; all the sums mentioned in the preceding section of 

 this act to be valued in silver at the rate of six shillings and eight 

 pence by the ounce : and the annual interest and income of the said 

 real and personal estate, together with the fines and penalties afore- 

 said, shall be appropriated for premiums, to encourage improvements 

 and discoveries in agriculture, arts and manufactures, or for other 

 purposes consistent with the end and design of the institution of the 

 said academy, as the fellows thereof shall determine. 



Section 3. This act shall take effect upon its passage. 



House of Representatives, February 14, 1911. 

 Passed to be enacted. Joseph Walker, Speaker. 



In Senate, February 15, 1911. 

 Passed to be enacted. Allen T. Treadway, President. 

 February 17, 1911. 

 Approved. Eugene N. Foss. 



Office of the Secretary, 



Boston, March 2, 1911. 

 A true copy. 



Witness the Great Seal of the Commonwealth. 



Wm. M. Olin, 

 [Seal.] Secretary of the Commonwealth. 



The President appointed the following gentlemen a Nominat- 

 ing Committee : — 

 Harry M. Goodwin, of Class I. 

 Charles S. Minot, of Class II. (Chairman) 

 George F. Moore, of Class III. 



