-274 British Institution for promoting the Fine Arts. 



academy ; and the British Institution will be shut up during 

 their annual exhibition. 



5. The views of this establishment are directed, not only 

 to the promotion of the fine arts, but to the increase of the 

 honour and emolument of our own proiessional artists; the 

 institution being formed, not as a society of artists, but 

 for their benelit. No subscription will, therefore, be 

 expected irom professional artists ; but their admission will 

 be otherwise provided for. At the same time, if any artist 

 prefers it, he may subscribe in any one of the classes of 

 subscription ; and have the same privileges of admission 

 and introduction to the exhibition and gallery, as the other 

 subscribers of the same class ; but no one will be capable 

 of being elected on any committee, or of voting as a go- 

 vernor, while he continues to be a professional artist. 



11. Of the Governors. 



1. The government of the institution shall be vested in 

 the present sub.cribers and contributors of 50 guineas, or 

 Tipwards, to the funds of the institution, together with such 

 other persons as shall be elected governors as aftermen- 

 tioned. Those who have subscribed 50 guineas, or up- 

 wards, and less than too guineas, being governors for life ; 

 and those who have subscribed 100 guineas, or upwards, 

 being hereditary governors, their rights being transmis- 

 sible to their representatives, under the restrictions after- 

 mentioned. 



2. All the property of the institution shall be vested in 

 the hereditary governors, subject to the privileges of the 

 life governors, and of the annual and life subscribers. 



3. Every governor shall have the right of personal ad- 

 mission to the institution, and of introducing two friends 

 each day to the exhibition and gallery. 



4. No governor shall be capable of any office, employ- 

 ment, or engagement, in or under the institution, to which 

 any salary, profit, or emolument, is or shall be annexed. 



5. Hereditary shares may be transferable, with the con- 

 sent of the board of directors. 



6. In case of the death of an hereditary governor, his exe- 

 cutors or administrators may propose to the board of direc- 

 tors a successor to his share and interest in the institution : 

 and in case such person so proposed shall be a legitimate 

 child of the deceased, such child shall be admitted immedi- 

 ately ; but if any other person than a legitimate child shall 

 bt' proposed, it shall be optional in the board of directors, 



to 



