12 



A Council, to be composed of the officers above men- 

 tioned, and of two members elected by eacli Academy, 

 one of whom may be chosen from the Founders, who 

 shall serve for two vears. 



The Permanent Secretary, Corresponding Secretary, 

 and Treasurer, shall be appointed by the Council, and 

 may be removed by it for cause. 



There shall be a Board of Trustees, consisting of five 

 persons, two of whora may be Founders, in whom and 

 their successors shall be vested all the property of the 

 Institute. They shall be elected by the Council of the 

 Institute, and shall hold their offices for ten years, and 

 in such manner that one Trustee shall be elected every 

 two years. The five Trustees first elected shall deter- 

 mine by lot which of them shall hold office for two, 

 which for four, which for six, which for eight, and which 

 for ten years. 



The property of the Institute shall be held or trans- 

 ferred by them, or their successors, as the Council shall 

 direct. 



The Treasurer shall execute a bond for the due per- 

 formance of his duties, in such form and sum as the 

 Council shall prescribe. 



Section 2. The Council, shall establish By-Laws for 

 the general management of the Institute ; shall prescribe 

 a seal ; shall have the charge of its museums, collec- 

 tions, libraries, apparatus, and other property ; shall 



