The Trusts. 131 



conragement 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 regula- 

 tions made by the Council (see * Year-book '), a studentship or grant is 

 to be made every second year to assist research as already specified. 

 These grants are to be made alternately in Great Britain and abroad. 

 The fund consists of 1000 London Brighton and South Coast 

 Railway Guaranteed 5 per cent. Stock and 47 19s. 2d. 2 J per cent, 

 annuities, the annual income being about 50. 



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 

 sum of 300, the interest of which, or the principal, or both, are 

 from time to time to be applied in the purchase of works on the same 

 or kindred subjects to be added to the collection. The fund now 

 consists of 280 2| per cent. Consolidated Stock, and 33 14s. IQd. 

 on deposit at the bank. 



No. 16. THE GUNNING FUND. 



In 1891 His Excellency Dr. Robert Halliday Gunning gave the 

 Society his bond for 1000 bearing interest at 4 per cent, to form a 

 fund the annual income of which shall be applied triennially towards 

 the promotion of Physical Science and Biology in such manner as to 

 the President and Council may appear most desirable. The three- 

 years' income, amounting to 120, has now been received, and the 

 amount has been voted by the President and Council for the purpose. 

 The Rules for the administration of this Fund will be found in the 

 ' Year-book.' 



No. 17. THE BUCHANAN MEDAL FUND. 



This fund dates from February, 1894, when a sum of 276 12s. 

 and the dies for a medal were offered to the Society by the Com- 

 mittee of the Buchanan Fund. The amount has been invested in the 

 purchase of 258 9s. 2d. Metropolitan 3 per cent. Stock, producing 

 rather less than 8 per annum. The medal, which is to be of gold 

 and of the value of about twenty guineas, is to be awarded every 

 three or five years for distinguished service in Hygienic Science 

 or Practice, in the direction either of original research or of pro- 

 fessional, administrative, or constructive work. The balance in hand 

 is to accompany the medal, which is to have no limit as to nationality. 

 The first medal was given to Lady Buchanan by the subscribers to 

 the fund. 



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