TWENTY-NINTH CONGRESS, 1845-47. 3G1 



from the accruing interest and not from the principal of the said fund. 

 A)id be itfuriher enacted, That all the moneys and stocks which have been, 

 or maj' hereafter be, received into the Treasury of the United States, on 

 account of the fund bequeathed by James Smithson, be and the same here- 

 by are, pledged to refund to the Treasury of the United States the sums 

 hereby appropriated. 



Sec. 2 AndbeU furtlicr enacted., That the business of the said institution 

 Bhall be conducted by a board of managers, who shall be, and hereby are, 

 constituted a body politic and corporate, by the style and title of the " Smith- 

 sonian Institution," with perpetual succession, and the usual powers, duties, 

 and liabilities, incident to corporations. And the said board of managers 

 shall be composed of the Vice-President of the United States, the Chief 

 Justice of the United States, and the mayor of the city of Washington, 

 during the time for which they shall hold their respective offices, three 

 members of the Senate, and three members of the House of Representatives, 

 together with six other persons, other than members of Congress, two of 

 whom shall be members of the National Institute in the city of Washin"-- 

 ton, and resident in the said city ; and the other four thereof shall be in- 

 habitants of States, and no two of them of the same State. And the man- 

 agers, to be selected as aforesaid, shall be appointed immediately after the 

 passage of this act — the ii^embers of the Senate by the President thereof; 

 the members of the House by the Speaker thereof; and the six other per- 

 sons by joint resolution of the Senate and House of Representatives; and 

 the members of the House so appointed shall serve until the fourth Wed- 

 nesday in December, the second next after the passage of this act ; and then, 

 and biennially thereafter, on every alternate fourth Wednesday of Decem- 

 ber, a like number shall be appointed in the same manner, to serve until 

 the fourth Wednesday in December, the second succeeding their appoint- 

 ment. And the Senators so appointed shall serve during the term for which 

 they shall hold, without re-election, their office as Senators. And vacancies 

 occasioned by death, resignation, or otherwise, shall be filled as vacancies 

 in ciimmittees are filled ; and the other six members aforesaid shall serve, 

 two for two years, two for four years, and two for six years ; the terms of 

 service, in the first place, to be determined by lot; but after the first term, 

 then their regular term of service shall be six years; and new elections 

 thereof shall be made by joint resolution of Congress; and vacancies occa- 

 sioned by death, resignation, or otherwise, may be filled in like manner, 

 by joint resolution of Congress. And the said managers shall meet and 

 organize by the choice of a president in the city of Washington, on the 

 first Monday in September next after the passage of this act, and they shall 

 then fix on the times for regular meetings of the board ; and on application 

 of any three of the managers to the superintendent of the said institution, 

 it shall be his duty to appoint a special meeting of the board, of which he 

 shall give notice by letter to each of the members ; and at any meeting of 

 the buard of managers, five shall constitute a quorum to do business. And 

 each member of the board of managers shall be paid his necessary travel- 

 ing and other actual expenses in attending meetings of the board, which 

 shall be audited and recorded by the superintendent of the institution ; but 

 his service as manager shall be gratuitous. And whenever money is re- 

 quired for the payment of the debts or performance of the contracts of the 

 institution, incurred or entered into in conformity with the provisions of 

 this act, or for making the purchases and executing the objects authorized 

 by this act, the superintendent or the managers, or any three thereof, may 

 certify to the president of the board that such sum of money is required ; 

 whereupon, he shall submit the same to a committee of three of the mana- 

 gers appointed for that purpose, for examination and approval ; and upon 

 such examination and approval, ho shall certify the .«ame to the proper 

 officer of the Treasury for payment. And the said board shall make all 

 needful rules, regulations, and by-laws, for the government of the institu- 

 tion and the persons employed therein, and shall submit to Congress, at each 



