12 Royal In's/t Academy. 



" 4. That, subject to the making due provision for the above purposes, the 

 Council be at liberty to apply the annual revenue and dividends 

 towards the expenses of the publication of the Transactions 

 and Proceedings of the Academy. 



^'5. That for aU or any of the purposes aforesaid, numbered respec- 

 tively 1, 2, and 3, the Council be at liberty to have recourse to 

 the present or future accumulation of dividends, and to deal 

 with the same as the revenue of the current year. 

 " You are requested to lay these instructions before Counsel for his 



guidance in the preparation of the proposed scheme." 



After a prolonged debate, 

 It was Resolved — 



"That the further consideration of the subject be adjourned to 

 the next night of meeting." 



IToxDAT EvE^"r^^■G, Pebeuaet 11, 1878. 

 SiK EoBEKT Ejlxe, F. R. S., President, in the Chair. 



Charles E. Burton, A. B. ; George P. Fitzgerald, IT. A. ; Robert 

 "W. Lowry, B. A., and llichael O'Hanlon, M. D,, were elected 

 Members of the Academy. 



The consideration of the Cunningham Pund Scheme was re- 

 sumed, and the following amendment was adopted : — 



" That the Academy accept the scheme proposed by the Council 

 for the better administration of the Cunningham Pund, subject to 

 such alterations (if any) as, on discussion of its details, shall seem fit ; 

 and that the Academy now proceed to consider the scheme, paragraph 

 by paragraph, as set out in the draft of proposed instructions which 

 Council have placed before them." 



The adoption of the first paragraph of the Report of Council 

 having been moved, the following amendment was moved and 

 seconded : — 



" That the first clause shall have the words within brackets as 

 follows inserted therein : — 



"I. In premiums of an honorary nature, such as Medals, &c. — 



[One in every year to the author of the best Paper read before the 

 Academy during the previous three years, in one of the following 



