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persons made by the Standing Committee on the Henry M. 

 Phillips' Prize Essay Fund. 



/Sixth. All amounts of interest accruing and unexpended on 

 each and every occasion on which no prize shall be awarded, 

 shall be considered and taken as accretions to the principal of 

 the said fund. 



Seventh. All essays may be written in English, French, 

 Dutch, German, Italian, Spanish, or Latin ; but, if in any lan- 

 guage except English, must be accompanied by an English 

 translation of the same. 



Eighth. No treatise or essay shall be entitled to compete for 

 the prize that has been already published or printed, or for 

 which the author has received already any prize, or profit, or 

 honor, of any nature whatsoever. 



Ninth. All essays must be 'clearly and legibly written on 

 only one side of the paper. 



Tenth. The literary property of such essays shall be in their 

 authors, subject to the right of the Society to publish the 

 crowned essays in its Transactions or Proceedings. 



Eleventh. A Standing Committee, to consist of five members 

 appointed by the president, and, ex qfficio, the president and 

 the treasurer of the Society, shall continue in office during the 

 pleasure of the Society, and any vacancies that may occur in 

 said committee shall be filled by new appointment by the 

 president. / 



Twelfth. The said committee shall have charge of all mat- 

 ters connected with the management of this endowment and 

 the investment of the same, and shall make such general rules 

 for publishing the terms upon which said prize shall be com- 

 peted for, and the amount of the said prize, and, if it shall 

 deem it expedient, designate the subjects for competing essays. 

 It shall report annually to the Society, on the first Friday in 

 December, all its transactions, with an account of the invest- 

 ment of the Prize Fund, and of the income and expenditures 

 thereof. 



