I'.H) RECORD OF THE ROYAL SOCIETY 



Committee bo paid over to tlicm in order to be dealt with in the 

 hereby provided with reference to the annual produce of 

 Trust Fund. 



D A.LWATS \\i) IT is HKKKHY ACKKKD AXD DECLARED that inasmuch 



! ilian Irrigation Bonds are redeemable by annual drawings when 



ken as any such Bond shall be drawn so much of the money paid on 



ption of such Bond as shall according to the then market price in 



London IK- the value of similar Bonds shall be invested as capital in the 



purcl -imilar Bond if the same can then be obtained and the residue 



..f shall bo doomed to be and shall be dealt with as income for all the 



purposes of tli nts. 



Puovim D AI.WAY.S AVI) IT is HKUKHY AcitEKD AND DECLARED that the entire 



lament of the annual produce of the said Trust Fund shall be entrusted 



Committee to be from time to time appointed by the Council for the 



the said Royal Society and that the services of such said 



Committee (like those of the present Meteorological Committee nominated 



at the request of Her Majesty's Government) shall be entirely gratuitous. 



A vi i IT is HKUKHY FI KTiiKR AGREED AXD DECLARED that an annual statement 



ipfs and expenditure shall be prepared by the said Committee together 



with any report or reports that the said Committee may from time to time 



to he desirable and that such statement of receipts and expenditure 



and such report or reports shall be presented to the said Royal Society and 



M( li report or reports or an epitome or abstract thereof shall be published 



in th proceedings of the said Royal Society or in such other form as the 



Council of the said Royal Society may from time to time determine. 



MI i;iin iTKTHiu AC; REED AND DECLARED that the aforesaid 



Committee shall make such bye-laws and regulations in reference to their 



ings and other proceedings as they may from time to time think proper 



md t] resolution of the Committee for the payment by the said Royal 



'y their or assigns either to such Committee or to any other 



person or persons ( ,f ;m \ moneys under the trusts of these Presents shall be 



ant tor Mich payment and shall completely exonerate the said 



ty their n and assigns. 



D II- [I III Hl.liY FIRTHKK ACRKKI) AM) DECLARED that if 



' )bsoi -\atory or any other suitable observatory that 



ilMituted for the said Kew Observatory being at anytime discon- 



tin'M-d 1. be recorded' and the investigations shall 



for tlie ipace of twelve consecutive calendar months or for 



such further period (not exceeding in the whole including the before-mentioned 



twelve calendar months thirty-six consecutive calendar months) as the Council 



