PROCEEDINGS OF THE BOARD OF REGENTS. XXVII 
The Secretary added that the permanent committee had authority 
to accept gifts for such purposes, and he read the following para- 
graph, which he suggested would be advisable to be adopted in con- 
nection with all gifts to the Institution for specific purposes: 
The specific objects named are considered most important, but the Board 
of Regents shall have full power, by a vote of two-thirds of their number, to 
modify the conditions and regulations under which the income from the fund 
may be dispensed, so as to insure that it shall always be applied in the manner 
best adapted to the changed conditions of the time; provided always that any 
modifications shall be in general accord with the purposes of the donor as here- 
inbefore expressed. 
