1888.] 311 
Second. The money constituting the Endowment Fund, vz., 
five thousand dollars, shall be invested by the Society in such 
securities as may be recognized by the laws of Pennsylvania, as 
proper for the investment of trust funds, and the evidences of such 
investment shall be made in the name of the Society as Trustee of 
the Henry M. Phillips’ Prize Essay Fund. 
Third. The income arising from such investment shall be appro- 
priated as follows : 
(a) To making public advertisement of the prize and the 
sum or amount in United States gold coin, and the terms on which 
it shall be awarded. 
(6) To the payment of such prize or prizes as may from time to 
time be awarded by the Society for the best essay of real merit on 
the Science and Philosophy of Jurisprudence, and to the prepara- 
tion of the certificate to be granted to the author of any successful 
essay. 
fourth. Competitors for the prize shall affix to their essays some 
motto or name (not the proper name of the author, however), and 
when the essay is forwarded to the Society, it shall be accompanied 
by a sealed envelope containing within the proper name of the 
author, and, on the outside thereof, the motto or name adopted for 
the essay. 
Fifth. At a stated meeting of the Society, in pursuance of the 
advertisement, all essays received up to that time, shall be referred 
to a Committee of Judges, to consist of five persons, who shall be 
selected by the Society from nomination of ten persons made by 
the Standing Committee on the Henry M. Phillips’ Prize Essay 
Fund. 
Seventh. All amounts of interest accruing and unexpended on 
each and every occasion on which no prize shall be awarded, shall 
be considered and taken as accretions to the principal of the said 
fund. 
Eighth. All essays may be written in English, French, Dutch, 
Italian, Spanish, or Latin ; but, if in any language except English, 
must be accompanied by an English translation of the same. 
LVinth. No treatise or essay shall be entitled to compete for the 
prize that has been already published or printed, or for which the 
author has received already any prize, or profit, or honor, of any 
nature whatsoever. 
PROC, AMER PHILOS. SOC. Xxv. 128. 2N. PRINTED DEC. 29, 1888. 
