74 NEW YORK ZOOLOGICAL SOCIETY. 



it shall, on demand of the Commissioners of the Sinking Fund, surrender to 

 the City of New York the land allotted to it as a site for said Garden, and all 

 improvements made thereon. The said Society shall not mortgage its build- 

 ings or animals, or any of its property within said Garden, which is directly 

 or indirectly maintained by the City of New York. 



I Third. The said Zoological Society shall have the power to establish 

 an endowment fund from the donations and bequests, which fund shall be 

 used solely, unless otherwise specified by the donors thereof, for the general 

 uses and purposes of said Society. The funds of said Society, other than 

 the sums contributed to said endowment fund, shall be expended upon 

 buildings and other enclosures for animals, for the collections of animals, 

 and for the general purposes of the Society. Among tlie funds thus to be 

 expended shall be the subscriptions of members, life members and patrons, 

 and all cash donations to said Society, other than those made for the pur- 

 poses of the endowment fund, and all moneys derived from the sale of 

 animals ; and the net proceeds of the privileges that may be developed in 

 said Garden, such as refreshments, boating, riding animals, the sale of 

 photographs, etc., shall be used for, and expended in the increase of the 

 collections ; and payments from the funds of such Society, including the 

 endowment fund, shall be made directly from the treasury of the Society. 



Fourth. The library, pictures, maps, office furniture, and other mov- 

 able property purchased and owned by the Society shall remain the property 

 of the Society, and excepting living animals, may be removable at will, and 

 every piece of such property shall bear a distinguishing mark. But no 

 buildings, aviaries or cages may be sold or removed by said Society without 

 the written consent of the Board of Parks. All property paid for from the 

 aaintenance fund, hereinafter referred to, shall belong to the City. 



Fifth. So long as the said Society is entrusted with the control and 

 management of the said Zoological Garden, and the city provides for the 

 proper maintenance and care of the animals and collections therein, the 

 said Society shall not remove any of its animals or collections for exhibition 

 elsewhere without the consent of the Board of Parks, but if the City shall 

 ever cease to provide for the proper maintenance and care of the said 

 animals and collections, the said Zoological Society shall have the right, 

 upon giving three months' notice in writing to the Board of Parks, to 

 remove the said animals and collections owned by it. The said Society 

 shall have the right to improve its collections by the exchange of animals, 

 and also by the sale of animals not needed for exhibition ; but all moneys 

 derived from such sale or exchange of animals shall be used only for the 

 purpose of increasing said collections. 



• Sixth. The City of New York shall annually provide the necessary 

 funds for the maintenance and care of the Zoological Garden, its buildings, 

 inclosures and other improvements made from time to time therein, and 

 the animals and collections of said Society ; but the appropriation for the 

 for the first year is not to exceed Sixty thousand dollars ($60,000). It shall 

 be the duty of the City to provide from such sums or appropriations, as may 

 be applicable thereto, the cost of the necessary improvement of the ground 



