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EXTRACT FROM THE By-Laws. 
CHAPTER XII. 
OF THE MAGERLLANIC FUND, 
Snorron 1, John Hyacinth de Magellan, in London, having in the year 
1786 offered to the Society, as a donation, the sum of two hundred guineas, 
to be by them vested in a secure and permanent fund, to the end that the 
interest arising therefrom should be annually disposed of in premiums, to 
be adjudged by them to the author of the best discovery, or most useful 
invention, relating to Navigation, Astronomy, or Natural Philosophy 
(mere natural history only excepted) ; and the Society having accepted 
of the above donation, they hereby publish the conditions, prescribed by 
the donor and agreed to by the Society, upon which the said annual pre- 
miums will be awarded. 
CONDITIONS OF THE MAGELLANIC PREMIUM. 
1, The candidate shall send his discovery, invention or improvement, 
addressed to the President, or one of the Vice-Presidents of the Society, 
free of postage or other charges; and shall distinguish his performance 
by some motto, device or other signature, at his pleasure. Together with 
his discovery, invention, or improvement, he shallalso send a sealed letter 
containing the same motto, device or siznature, and subscribed with the 
real name and place of residence of the author. 
2. Persons of any nation, sect or denomination whatever, shall be ad- 
mitted as candidates for this premium, 
3. No discovery, invention or improvement shall be entitled to this pre- 
mium, which hath been already published, or for which the author hath 
been publicly rewarded elsewhere. 
4, The candidate shall communicate his discovery, invention or improve- 
ment, either in the English, French, German, or Latin language. 
