210 Sir John Evans. [Jan. 17,. 



There is, however, at present over 100 per annum left for invest- 

 ment; so that there is no immediate danger of the fund failing. 

 Meanwhile, if any Fellow wishes to relieve the fund of the annual 

 payment of 1 on his account, the Treasurer will be glad to hear 

 from him. 



No. 13. THE DARWIN MEMORIAL 



In 1885 the Committee of the International Darwin Memorial 

 Fund resolved to transfer to the E/oyal Society the balance that 

 remained in their hands, in trust, to devote the proceeds from time to 

 time towards the promotion ot biological studies and research. The- 

 amount was invested in the purchase of 2200 South- Eastern Rail- 

 way 4 per cent. Debenture Stock, which now forms the capital of the 

 fund. The annual income is about 88. In accordance with a 

 resolution of the Council, a medal, either in silver or in bronze, is 

 awarded biennially in reward of work of acknowledged distinction 

 (especially in Biology) in the field in which Mr. Darwin himself 

 laboured. The medal is accompanied by a grant of 100, and the 

 balance of the proceeds is from time to time to be added to the 

 capital fund. At the November audit the balance was 461 18s. 10c?. r 

 but oat of this the grant of 100 to the recipient of the medal was 

 paid at the anniversary. 



No. 14. THE JOULE MEMORIAL FUND. 



In 1890 the Joule Memorial Committee transferred to the Society 

 the balance in their hands, the proceeds to be applied for the en- 

 couragement of research, both in England and abroad, especially 

 amongst younger men, in those branches of physical science more 

 immediately connected with Joule's work. According to the regu- 

 lations made by the Council, a studentship or grant is to be made 

 every second year to assist research as already specified. These 

 grants are to be mad e alternately in Great Britain and abroad. The 

 fund consists of 1000 London Brighton and South Coast Railway 

 Guaranteed 5 per cent. Stock and 50 on deposit, the annual income 

 being about 50. The first scholarship of the value of 100 was 

 conferred on Mr. J. D. Chorlton, of Owens College, Manchester, in 

 June, 1894, but when the accounts were made up no payment had 

 been made to him, and the balance in hand appeared as 79 19s. 4cL 

 The half-year's payment has since been made. 



No. 15. THE BRADY LIBRARY FUND. 



The late Mr. Henry Bowman Brady bequeathed to the Society in 

 1891 all his books and papers relating to the Protozoa, and also a 



