182 RECORD OF THE ROYAL SOCIETY 



No. 16. THE KECK BEQUEST. 



In the year 1719 a bequest of 500 was received from Robert Keck, F.R.S., 

 who directed that the profits arising from it were * to be bestowed on some one 

 of the Fellows, whom they shall appoint to carry on a foreign correspondence \ 

 For many years this bequest was merged in the general funds of the Society, 

 and the proceeds applied towards the payment of the Foreign Secretary. In 

 1881 it was again made to appear as a separate trust fund, and 666 13*. 4d. 

 Consols was allotted as the equivalent. This has, at the present time, been 

 converted into ,960 Midland Railway 2| per cent. Debenture Stock, and the 

 proceeds are annually paid to the Foreign Secretary, who now receives no other 

 honorarium. 



No. 17. THE MACKINNON RESEARCH STUDENTSHIP. 



Under the will of the late Sir William Mackinnon, Director-General of the 

 Medical Department of the Army, the Society received, in 1897, a bequest of 

 the residue of his estate, subject to certain life annuities, upon trust, to be 

 applied to the foundation and endowment of such prizes or scholarships for 

 the special purpose of furthering Natural and Physical Science, including 

 Geology and Astronomy, and of furthering original research and investigation 

 in Pathology, as the Society may think best and most conducive to the pro- 

 motion of those sciences and of original discoveries therein ; such prizes and 

 scholarships to be called after the name of the testator. 



The capital of the trust in the hands of the Society consists of ,4,482 6*. 

 2^ per cent. Consols, 1,000 Metropolitan 2^ per cent. Stock, and 5,991 

 London and North- Western Railway 3 per cent. Debenture Stock. There are 

 at present two studentships of the annual value of 150, but the income will 

 increase when, on the cessation of an annuity, 3,334 London and North- 

 Western Railway 3 per cent. Debenture Stock will be transferred to the 

 Society. 



The regulations governing the award of the Studentship will be found in 

 the * Year-book \ 



No. 18. THE ROSSE FUND. 



This is a small fund, invested in 119 18*. 6d. Bank of Ireland Stock, 

 which was raised by the late Lord Rosse, F.R.S., for the maintenance of 

 magnetic observations at Valencia Observatory. It was transferred to the 

 Royal Society in 1910. The income is placed in the hands of the Meteoro- 

 logical Office, who undertake to pay the amount over to an observer at 

 Valencia Observatory, so long as the Gassiot Committee consider the 

 observations to be necessary. The Council of the Royal Society are at 

 liberty, if the observations as at present made are discontinued, to employ 

 the income for advancing the science of terrestrial magnetism in Ireland. 



