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RULES AS TO THE AWARDING OF 

 THE GUNNING PRIZE IN 1912. 



1. The interest on the investment of the £500 under the bond of 

 the late Doctor Gunning is applied every third year according to 

 the Deed. 



2. For the present, such interest is applied to a Prize awarded for 

 an original essay on some subject embraced by the objects of the 

 Institute ; but this does not preclude its application in future in any 

 other way which the Council may from time to time decide upon in 

 accordance with the terms of the bond. 



3. The class of subject for competition is chosen by the Council ; 

 and the first announcement of this choice is made at the Annual 

 Summer Meeting of the Society in every third year as from 1905 ; 

 and a circular respecting it is sent to all the Members and 

 Associates within a month thereafter, giving all rules and needful 

 directions for the competition. 



4. The Prize is open for competition to all persons whose 

 qualifying subscription as Members or Associates of the Victoria 

 Institute shall have been paid before their essays are sent in. 



5. The interest for the three years ending 31st December, 1905, 

 and for each subsequent period of three years, is applied as 

 follows : — 



(a) in remunerating, if necessary, the person or persons who 



may be appointed to judge the respective merits of the 

 essays sent in for competition ; 



(b) for postage, printing, and other expenses attending the 



administration of the fund ; 



(c) to the Prize, which is either paid in money or applied in 



the purchase of books or other suitable article or articles 

 for presentation at the option of the prize-winner. 



The amount of the Prize for the present year will be £40. 



6. All essays are to be sent in not later than the 31st March 

 next after the announcement of the Prize Competition, and must be 

 addressed to the Secretary of the Institute at the Institute's office^ 

 and be typewritten and undersigned with a motto, which is to be 



