1861.] MUSEUM OF COMPARATIVE ZOOLOGY. 37 



College, on the twenty-ninth day of December current, the sum of 

 fifty thousand dollars on these conditions : — 



First. That the same be kept as a separate and distinct fund, and 

 invested from time to time at the discretion of the Corporation, pro- 

 vided that no part thereof shall ever be invested in real estate, or in 

 the shares or stock of any incorporated or joint-stock company. 



Second. No part of the income of said Fund shall ever be expended 

 for real estate, or the payment of salaries. 



Third. The income is not to be subject to any charges of any 

 nature, but the whole amount derived from the Fund is to be applied 

 to establishing and maintaining a Museum of Comparative Zoology 

 at Harvard College. 



Fourth. Neither the Collections nor any building which may con- 

 tain the same shall ever be designated by any other name than the 

 Museum of Comparative Zoology at Harvard College. 



Fifth. The Museum shall never be appended to any other depart- 

 ment, but is to be under the charge of an independent Faculty, respon- 

 sible only to the Corporation and Overseers. 



Sixth. The President of the College shall be the President of the 

 Faculty, which shall be composed of four members besides the Presi- 

 dent. In case of vacancy in their number other than that of 

 President, the Faculty shall from time to time nominate to the Cor- 

 poration persons to fill such vacancies ; and, if confirmed by the 

 Corporation, such persons are to become members of the Faculty ; 

 if rejected, new nominations shall be made by the Faculty to the 

 Corporation. 



Seventh. The Faculty are not to be at liberty to expend any part 

 of the income of the Fund, unless previously placed at their disposal 

 by the Corporation. 



Eighth. The first Faculty shall consist of Rev. Dr. James Walker, 

 President of the College ; Professor Louis Agassiz, Director of the 

 Museum ; Dr. Jacob Bigelow, Professor Oliver -Wendell Holmes, and 

 Professor Jeffries Wyman. 



Ninth. In case of the loss of any part of the Fund, so much of 

 the income as may be requisite for this purpose shall be retained to 

 make good such loss, provided that not more than one half of the 

 income shall be so retained in any one year. 



