30 EEPORT OF THE ACTING SECRETARY. 



This transfer and sale is made by said party of the first part, and is accepted 

 by said party of the second part, upon the following terms and conditions, 

 which are hereby declared to be binding obligations upon the parties hereto : 



1. Said first party shall bequeath to said party of the second part under the 

 terms of his last will and testament the sum of five hundred thousand dollars, 

 which shall be paid by the executors of said party of the first part to said 

 party of the second part promptly after the death of said party of the first 

 part Said sum shall be used forthwith after the receipt thereof by said party 

 of the second part exclusively in the construction and equipment of a fireproof 

 building connected with the National Museum, or reasonably near thereto, 

 upon a site to be furnished by said party of the second part, according to plans 

 and specifications which shall be agreed upon as soon as may be alter the date 

 hereof between said party of the first part and the Regents of said Institution ; 

 provided that any portion of said sum that shall remain unexpended after a 

 building planned to take said sum for its construction and equipment shall 

 have been completed may be used by said Institution for purposes connected 

 with said building and its collection. Said building shall be used exclusively 

 for storing and exhibiting the objects covered by this instrument and such 

 objects as maj" hereafter be transferred by said first partj' to said second party. 

 In the event that plans and specifications are not agreed upon prior to the 

 death of said first partj', said building shall be constructed and equipped by 

 said Institution with the sum so bequeathed with special regard for the con- 

 venience of students and others desirous of an opportunity for uninterrupted 

 study of the objects embraced hereunder. A suitable space shall be provided in 

 said building in which the Peacock Room mentioned in said inventory shall be 

 re-erected complete. 



2. Said first party may add other appropriate objects, to be selected by him, 

 to those enumerated in said inventory, and such other objects when transferred 

 to said second party shall be subject in all respects to the terms and conditions 

 enumerated in this insti'ument. 



3. The objects embraced in said inventory, with such additions thereto as 

 shall be made by said first party during his lifetime and transferred to said 

 second party, shall be delivered by the executors of said first party to said 

 Institution in said building immediately after the building shall have been con- 

 structed and ready to receive them. 



4. The said building, when constructed, and the objects when delivered, shall 

 be cared for and maintained perpetually by said second party, or its successors, 

 at its own expense. 



5. After such delivery no addition shall be made to said objects, nor shall 

 any deduction be made therefrom, and no other objects of any kind shall ever 

 be exhibited in connection with said objects, or in the same building, nor shall 

 the said objects, or any part thereof, be removed at any time from said build- 

 ing, except when necessary for the purpose of making repairs or renovations in 

 the building. 



6. No charge shall ever be made for admission to the building nor for the 

 privilege of examining or studying the objects contained therein. 



7. The collections and building shall always bear the name of said first party 

 in some modest and appropriate form. 



8. All objects covered by said inventory and by said subsequent transfers 

 shall remain in the possession of said first party during his lifetime, and in the 

 possession of his executors after his death until the said building is fully com- 

 pleted. Said first party shall have the right during his lifetime to loan any of 

 said objects for exhibition purposes. 



