﻿PROCEEDINGS 
  OF 
  THE 
  REGENTS. 
  133 
  

  

  Addison 
  T. 
  Reid 
  bequest. 
  — 
  This 
  bequest, 
  which 
  is 
  to 
  found 
  a 
  chair 
  in 
  biology 
  

   as 
  a 
  memorial 
  to 
  the 
  testator's 
  grandfather, 
  Asher 
  Tunis, 
  now 
  amounts 
  to 
  

   $14,260. 
  The 
  bequest 
  was 
  subject 
  to 
  the 
  condition 
  that 
  the 
  income 
  was 
  to 
  be 
  

   paid 
  in 
  three 
  shares 
  to 
  certain 
  named 
  beneficiaries 
  until 
  their 
  death, 
  when 
  the 
  

   principal 
  of 
  each 
  share, 
  with 
  accumulations, 
  was 
  to 
  come 
  to 
  the 
  institution. 
  

   Two 
  of 
  these 
  beneficiaries 
  have 
  died, 
  and 
  their 
  shares 
  have 
  been 
  received. 
  The 
  

   remaining 
  share 
  represents 
  approximately 
  $5,000. 
  

  

  Miscellaneous 
  bequests. 
  — 
  A 
  number 
  of 
  small 
  bequests, 
  aggregating 
  several 
  

   thousand 
  dollars, 
  have 
  been 
  included 
  in 
  the 
  consolidated 
  fund. 
  

  

  Residual 
  bequests. 
  — 
  The 
  institution 
  will 
  receive 
  the 
  following 
  bequests, 
  sub- 
  

   ject 
  to 
  the 
  death 
  of 
  certain 
  beneficiaries 
  : 
  The 
  Joseph 
  White 
  Sprague 
  bequest 
  ; 
  

   the 
  Lucy 
  Hunter 
  Baird 
  bequest 
  ; 
  the 
  Riter 
  Fitzgerald 
  bequest 
  ; 
  and 
  the 
  Caroline 
  

   Henry 
  bequest. 
  From 
  the 
  last 
  named 
  estate 
  an 
  additional 
  cash 
  bequest 
  of 
  

   $1,000 
  has 
  been 
  received. 
  

  

  Consolidated 
  fund. 
  — 
  This 
  is 
  composed 
  of 
  funds 
  received 
  in 
  excess 
  of 
  the 
  

   $1,000,000 
  deposited 
  in 
  the 
  Treasury 
  of 
  the 
  United 
  States 
  under 
  the 
  authority 
  

   of 
  the 
  organic 
  act. 
  It 
  includes 
  several 
  of 
  the 
  bequests 
  referred 
  to 
  above, 
  and 
  

   now 
  amounts 
  to 
  $157,562.05. 
  

  

  Mr. 
  Henderson 
  offered 
  the 
  following 
  resolution, 
  which 
  was 
  adopted 
  : 
  

   Resolved, 
  That 
  the 
  Board 
  of 
  Regents 
  of 
  the 
  Smithsonian 
  Institution 
  accepts 
  

   the 
  report 
  of 
  the 
  permanent 
  committee 
  and 
  approves 
  and 
  ratifies 
  the 
  actions 
  

   taken 
  by 
  the 
  committee 
  since 
  the 
  last 
  annual 
  meeting 
  of 
  the 
  board. 
  

  

  ANNUAL 
  REPORT 
  OF 
  THE 
  SECRETARY. 
  

  

  The 
  secretary 
  submitted, 
  with 
  explanatory 
  remarks, 
  his 
  report 
  

   for 
  the 
  fiscal 
  year 
  ending 
  June 
  30, 
  1921, 
  printed 
  copies 
  of 
  which 
  had 
  

   already 
  been 
  supplied 
  the 
  regents. 
  

  

  On 
  motion, 
  the 
  report 
  was 
  accepted. 
  

  

  ANNUAL. 
  REPORT 
  OF 
  THE 
  NATIONAL 
  GALLERY 
  OF 
  ART 
  COMMISSION. 
  

  

  At 
  a 
  meeting 
  held 
  May 
  27, 
  1921, 
  the 
  Board 
  of 
  Regents 
  of 
  the 
  

   Smithsonian 
  Institution 
  established 
  a 
  National 
  Gallery 
  of 
  Art 
  Com- 
  

   mission, 
  to 
  consist 
  of 
  five 
  public 
  men 
  interested 
  in 
  the 
  fine 
  arts, 
  five 
  

   experts 
  in 
  the 
  fine 
  arts, 
  five 
  artists, 
  and 
  the 
  Secretary 
  of 
  the 
  Smith- 
  

   sonian 
  Institution 
  ex 
  officio. 
  The 
  primary 
  purpose 
  of 
  the 
  commis- 
  

   sion 
  is 
  to 
  promote 
  the 
  administration, 
  development, 
  and 
  utilization 
  

   of 
  the 
  National 
  Gallery 
  of 
  Art, 
  including 
  the 
  acquisition 
  of 
  material 
  

   of 
  high 
  quality 
  representing 
  the 
  fine 
  arts, 
  and 
  the 
  study 
  of 
  the 
  best 
  

   methods 
  of 
  exhibiting 
  art 
  works 
  to 
  the 
  public 
  and 
  their 
  utilization 
  

   for 
  instruction. 
  

  

  The 
  commission 
  has 
  held 
  several 
  meetings, 
  at 
  the 
  first 
  of 
  which 
  

   officers 
  were 
  elected 
  and 
  the 
  various 
  committees 
  called 
  for 
  in 
  the 
  plan 
  

   of 
  organization 
  appointed. 
  The 
  details 
  of 
  the 
  membership 
  of 
  the 
  

   commission 
  and 
  of 
  its 
  committees, 
  and 
  also 
  of 
  the 
  business 
  transacted 
  

   during 
  the 
  year, 
  will 
  be 
  found 
  in 
  the 
  appendix 
  on 
  the 
  National 
  Gal- 
  

   lery 
  of 
  Art 
  in 
  the 
  annual 
  report 
  of 
  the 
  Secretary 
  of 
  the 
  Smithsonian 
  

   Institution 
  for 
  the 
  year 
  ending 
  June 
  30, 
  1922. 
  

  

  On 
  motion, 
  the 
  report 
  was 
  accepted. 
  

   55379—24 
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