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APPENDIX VI
TEXT OF BEQUESTS AND TRUSTS
THE ALEXANDER AGASSIZ FUND
The will of Professor Agassiz contains the following clause:
I give to the National Academy of Sciences at Washington the sum of Fifty Thousand
Dollars ($50,000) for the general use of the said Academy.
THE A. D. BACHE FUND
The will of Alexander Dallas Bache, dated March ~8, ~862, contains the fol-
1 e ~
owlng provisions:
Item. As to all the rest and residue of my Estate, including the sum of Five thousand
dollars placed at the disposal of my wife in case she should not desire to make any dis-
position of the same, I direct my executors hereinafter named to apply the income thereof
after the death of my wife according to and under the directions of Joseph Henry of
Washington, Louis Agassiz and Benjamin Peirce of Harvard College, Massachusetts, to the
prosecution of researches in Physical and Natural Science by assisting experimentalists and
observers in such manner and in such sums as shall be agreed upon by the three above-
named gentlemen, or any two of them, whom I constitute a Board of Direction for the
application of the income of my residuary estate for the above objects, after the death of
my said wife. The class of subjects to be selected by this Board, and the results of such
observations and experiments, to be published at the expense of my Trust Estate under
their direction out of the income thereof but without encroaching on the principal.
In case of the death or inability to act of all or any of the three gentlemen I have
named in my wife's lifetime, My will is that she shall supply their places in the Board
of Direction by an Instrument of writing either testamentary or otherwise, desiring that in
the selection of the persons, to administer the income of the trust funds hereby created, she
will have regard to the selection of persons whose attention has been directed to the same
branches of science as those I have named and so that each of the Departments of Physics,
Mathematics, and Natural History shall be represented in the Board. In case of any
vacancy occurring in the Board of Direction after its organization and after the death of
my wife, by reason of the death inability or refusal to act or resignation of any of its mem-
bers, my will is that the surviving or remaining member or members for the time being
shall have power to fill vacancies so occurring in the Board by the selection of other person
or persons to fill such vacancies and so on from time to time as vacancies shall occur. My
intention being that the Board of Direction shall have power to continue its existence and
to filling all vacancies occurring in their body from time to time I direct that a minute of
their proceedings be kept, and that the appointment of any member by the Board shall be
notified in writing to the trustees for the time being of my residuary estate. In the event
of any failure of the Board for the time being to direct the application of the income of my
said residuary estate, or to continue its existence by filling vacancies occurring in their
36r
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362 APPENDICES
body, my will is that the application of the income thereof for the purposes and objects
declared in this clause of my Will, shall be made by the Trustees, under the direction of
The American Philosophical Society of Philadelphia.
Item.- I hereby nominate and appoint my friends, Peter McCall, Esq., and Morton P.
Henry, Esq., of the City of Philadelphia, and the survivor of them, to be the executors of and
trustees under this my last will and Testament.
CODICIL, JULY Is, 1863.
Item.—I give and devise to my sister Sally Franklin Wainwright the house purchased
by me situated No. 396 Arrest Twentieth Street, in the City of Washington, between G and
H Streets to be held and enjoyed by her during the term of her natural life. After her
death I direct the said house shall pass with the residue of my Estate (subject to a life
estate of my wife Nancy Clarke Bache therein in case she should survive my sister) to
. . . . ~ . . _ . . . . . .
'the N ational Academy of Sciences, upon the '['rusts set forth as to the said residue of
my estate.
;' ~ ~ i, ~ ~ ~ ~ ~ ~ ~ ~ ~
Item. My will is that upon the death of my wife all the rest and residue of my Estate
shall be paid over to and vest in the corporation of The National Academy of Sciences
incorporated by Act of Congress, passed the Third day of March, A. D. ~863, whom I
hereby appoint Trustees in the place of my said Executors under the Fourth clause of my
said will to apply the income according to the directions in the said clause contained to the
prosecution of researches in Physical and Natural Science by assisting experimentalists and
observers in such manner and in such sums as shall be agreed upon by the Board of
Direction in the said clause named. My will further is that in case of any failure of the
Board for the time being to direct the application of the income of my residuary estate or
. ~ ~ ~
to continue its existence by filling vacancies occurring in their body, the application of the
income thereof for the purposes and objects declared in the said clause shall be made under
the Direction of The National Academy of Sciences instead of The American Philosophical
Society of Philadelphia. In all other respects the said application of the income to the
purposes aforesaid to be made by the same persons and under the same rules as I have pre-
scribed in the said clause of my will.
Duly sworn to before Saml. Lloyd, February z7, x867, in the city and county of Phila-
delphia.
The last will and testament of Nancy Clarke Bache is as follows:
I hereby, in pursuance and exercise of the power of appointment contained in the last
will and testament of my husband, Alexander Dallas Bache, devise, bequeath, and appoint
the sum of five thousand dollars of the principal of the estate of my said husband, over
which I have ~ power of appointment by his will, to be paid by his executors, or by such
person or persons as shall hold the principal of the estate at my death, to my nephew,
Henry Wood B. ache, absolutely; and I hereby request my nephew, in case he should die
unmarried and without issue, to make such a disposition of this amount by will as will secure
it to be paid at his death to the National Academy of Sciences, at Washington, to be held
by that corporation upon the same trusts and for the same purposes as are declared by my
husband in his will as to the residue of his estate after my death. I expressly desire,
however, that it shall be understood that this request shall not be construed into any
direction which would interfere with his full control of the principal, which is to be paid
into his hands directly.
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APPENDICES
363
Second. I hereby direct the house, No. z624 Chestnut street, in which I now reside, to be
sold by my executor, hereinafter named, within a reasonable time after my death, either at
public or private sale, and after deducting from the purchase money any debts or expenses
connected with the sale and the administration of my estate, which, with the cash on hand
or other orooertv which I may own or possess at my death, shall be sufficient to satisfy, I
MA ~ r--r---~ '' ~~~ ~ ~~~ - ' ~
direct my executor to pay over the net proceeds to the National Acauemy or Sciences, ar
Washington, to be held by that corporation as trustees in trust to apply the income thereof
to the prosecution of researches in physical and natural science, according to the directions
contained in the last will and testament of my husband as to the residue of his estate after
my death in the same manner as if all the directions contained in the last will and testament
of my husband and in the codicil thereto were herein repeated at length; my object being to
make precisely the same disposition of the proceeds of this house as was made by my
husband of his residuary estate after my death.
-
Third. I direct all the medals and diplomas of my husband, and the large photograph
of him now in my possession, to be deposited and remain with the National Academy of
Sciences. I have made a memorandum of the disposition of certain other articles, which
I desire shall be carried into effect as if contained in this will. I appoint Morton P. Henry,
of Philadelphia, executor of this my last will and testament.
CODICIL, APRIL z9, ~869.
Item. I hereby direct my executor to pay out of the proceeds of the sale of my said
house, No. ~624 Chestnut street, Philadelphia, which I have directed to be sold, the sum of
five hundred dollars to my nephew, Henry Wood Baehe, for his clown use and benefit. I
further direct my executor to invest five thousand dollars of the proceeds of sale of said
house in his own name as trustee in such securities as he may think proper, and to pay the
income thereof to my nephew, Henry Wood Bache, during his natural life. After the
death of my nephew, I direct that the principal of the said sum of five thousand dollars
shall go to the National Academy of Sciences, at Washington, in trust for the same uses and
n''rnose~ as are declared as to the proceeds of sale of said house by my said will. I
expressly declare that the above bequests to Henry Wood Cache are In addition to the five
r—-rig A
thousand dollars I have appointed to him out of my husband's estate.
Item.—I hereby declare that the balance of the proceeds of the sale of my said house
shall go, after paying and providing for the above legacies, as is set forth and declared in
my said will, which in all other respects I hereby republish and declare as my last will and
testament.
Sworn and subscribed before John Campbell, deputy register, in the city and county of
Philadelphia, January 20, T870.
THE CYRUS B. COMSTOCK FUND
Know all men by these presents, that I, Cyrus B. Comstock, of the City of New York,
to advance knowledge in electricity, magnetism and radiant energy, by the giving of
money prizes for important investigations or discoveries in those subjects, have given,
assigned, transferred and set over, and do by these presents give, assign, transfer and set
over unto the National Academy of Sciences, incorporated by the Act of Congress approved
March 3rd, z863, and its several supplements, and hereinafter designated as the Trustee,
and unto its successor or successors, ten clot Union Pacific Railroad Company Registered
First Mortgage and Land Grant Four Per Cent Gold Bonds, Numbers B 588, B 663, B 993,
B 994, B Cot, B z204, B ~282, B z290, B ~30g, B z369, each for $~,ooo, and my check for
Four hundred Dollars ($400.00), bearing even date herewith and payable to the order of the
National Academy of Sciences.
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364
APPENDICES
To have and to hold the same unto the said National Academy of Sciences, its successor
or successors in trust and upon the following conditions, to wit:
First. The Trustee shall keep said sum of Four hundred Dollars ($400.00), and said
bonds, or the proceeds thereof and all additions thereto, as a separate fund, to be known as
the " Cyrus B. Comstock Fund."
Second. The Trustee shall have power at any time in its discretion to sell said bonds or
any of them and execute a proper assignment thereof to the purchaser or purchasers, and
shall invest the proceeds thereof and all moneys forming a part of said fund, and keep the
same invested in such securities and in such manner as its constitution shall provide for the
investment of its property or as shall be authorized by law for the investment of trust funds.
Third. The Trustee shall collect the income arising from said fund and apply the same
as follows:
(~) The market value of the fund shall be maintained at not less than Ten thousand
Dollars ($zo,ooo), and any and all depreciation therein shall be made up out of the income
of the fund before any part of such income shall be applied as hereinafter provided. But
when, by the additions hereinafter authorized and directed, the principal of the fund shall
have been increased in the amount of Five thousand Dollars ($s,ooo.), then and thereafter
the market value of the fund shall be maintained in the manner aforesaid at not less than
Fifteen thousand Dollars ($~s,ooo.).
At) The balance of the income of said fund shall be set aside and accumulated, and
out of such accumulations the Trustee shall award once for every five years a prize in
money to the bona fide resident of North America, who, not less than one year nor more
than six years before the awarding of the prize, shall have made in the judgment of the
Trustee the most important discovery or investigation in electricity or magnetism or radiant
energy.
Such prize shall be known and designated as the " Comstock Prize," and shall be in an
amount equal to about two-thirds of said balance of the income of said fund for the five
years for which the award shall be made, and shall be paid to the person to whom the
prize shall have been awarded at such time as may be convenient to the Trustee, but the
awarding thereof shall be entirely and in all respects in the discretion of the Trustee. If
no such discovery or investigation shall be deemed by the Trustee to be worthy of the
prize, or if for any other reason the prize shall not be awarded for any period of five years,
then and in that event the money which might have been awarded shall be added to the
principal of the fund and become a part thereof; but the Trustee may in its discretion use
the whole or any part of the amount unawarded for any five years in aiding such investi-
gation or investigations as the Trustee shall deem worthy in electricity, magnetism or
radiant energy to be made by a bona fide resident or residents of North America; Provided,
however, that the prize shall not be diverted to give such aid oftener than once in fifteen
years.
(3) The balance of the income so accumulated, less the amount to be awarded as a
prize, as provided in the preceding section, shall be added to the principal of the fund and
become a part thereof and subject to the terms and conditions herein contained, as though
such additions had been part of the original donation; Provided, however, that when the
market value of said fund shall have been increased to Fifteen thousand Dollars ($~s,ooo.),
the amount of the prize may be increased in the discretion of the Trustee to more than two-
thirds of the net income as above provided.
Fourth. Upon the failure or inability of the Trustee, its successor or successors, to carry
out the said trust upon the terms and conditions above set forth, said fund together with all
accumulations and unexpended income shall revert to me, the said Cyrus B. Comstock, if
then living; if dead, to my heirs-at-law who shall then be living, per stirpes and not
per capita.
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APPENDICES
365
In witness whereof, I, the said Cyrus B. Comstoek, have hereunto and unto a duplicate
hereof, set my hand and seal this twenty-seventh day of November, one thousand nine
hundred and seven.
CYRUS B. COMSTOCK.
Sworn and subscribed before Monchure March, notary public, in the city and county of
New York, November 27, z907.
Know all men by these presents that the National Aeademy of Sciences, the Trustee
named in the foregoing instrument, hereby acknowledges the receipt from the said Cyrus B.
Comstoek of said ten (zo) Union Pacific Railroad Company Registered First Mortgage
Railroad and Land Grant Four Per Cent Gold Bonds, Numbers B 588, B 663, B 993, B 994,
B z~c,6, B 1204, B 1282, B 1290, B Cog, B 1369 each for $z,ooo, duly assigned to the said
National Academy of Scienees as Trustee under the foregoing instrument, and his check for
Four hundred Dollars ($400.00), payable to the order of the National Aeademy of Seienees;
and that, by authority of its Council, the said Trustee hereby accepts and agrees to hold
the same in trust and upon the terms and conditions above set forth.
And the said National Aeademy of Seienees hereby constitutes and appoints Ira Remsen
its true and lawful attorney, for it and in its name to acknowledge this instrument, and
a duplicate hereof, to be its act before any person having authority to take such
aeknowledgzuent.
In witness whereof, the said the National Academy of Seienees has caused its corporate
seal to be hereunto and unto a duplicate hereof affixed, and these presents, and a duplicate
hereof, to be signed in its name by its President and Treasurer this thirtieth day of
November, one thousand nine hundred and seven.
NATIONAL ACADEMY OF SCIENCES.
By IRA REMSEN, President.
S. F. EMMONS, Treasurer.
Sworn and subscribed before John R. Hooper, notary public, in the city of Baltimore,
State of Maryland, December 4, agog.
THE HENRY DRAPER FUND
The text of the deed of gift is as follows:
Know all men by these presents that I, Mary Anna Palmer Draper of the City, County
and State of New York, in consideration of the premises, and of the aeeeptanee of the within
trust by the National Aeademy of Seienees and also in consideration of divers other good and
valuable considerations, we, the said Mary Anna Palmer Draper hereto moving, have given,
granted, assigned, transferred and set over and by these presents do give, grant, assign,
transfer and set over unto the said National Aeademy of Scienees and to their successors
forever, a certain fund or sum of Six thousand dollars with the interest and income thereof
To have and to hold the same in trust nevertheless upon the special trusts and for the
uses and purposes following, to wit:
First. In trust to invest and to reinvest the said sum of Six thousand dollars and to keep
the same invested in good and safe securities, or in such other manner as shall be, in their
opinion, best for the preservation and maintenance of said fund.
Second. In trust to use the interest, and income thereof for the purpose of striking a
gold medal which shall be called the " Henry Draper Medal," shall be of the value of Two
hundred dollars, and shall be struck in a die to be selected and presented to said National
Aeademy of Seienees by me, the said Mary Anna Palmer Draper. And the said medal shall
be awarded and presented, from time to time, by the said National Aeademy of Scienees, to
any person in the United States of America or elsewhere who shall make an original investi-
25
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366
APPENDICES
gation in astronomical physics the results of which shall be made known to the public, such
results being in the opinion of the said National Academy of Sciences of sufficient impor-
tance and benefit to science to merit such recognition, provided however that said medal
shall not be presented or awarded more frequently than once in two years, and provided
also that the investigation for which it is awarded or the completed publication thereof
shall have been made since the time of the last preceding award and presentation of said
medal.
Third. In trust that if discoveries of equal importance shall be made in astronomical
physics at or about the same time in the United States of America and also in some other
part of the world, each of which discoveries might in the opinion of said Academy entitle
the discoverer to be considered as a competitor for said medal, preference shall be given in
the awarding thereof to discoveries made by a citizen of the said United States of America.
Fourth. In trust that if the said die shall at any time be lost, destroyed, broken, or in any
manner rendered unfit for the purpose of striking the said medal, a new die shall be prop
cured exactly similar to the one so selected and presented as aforesaid, and shall be paid
for out of the interest and income of said fund; and such sum or sums of money as shall
at any time or times be necessary for the proper care, custody and protection of the said
die or of the said fund hereby given, shall also be taken from and out of the interest and
income of the said fund whenever the same shall be deemed necessary by the said National
Academy of Sciences.
Fifth. In trust that, if at any time or times the interest or income of the said trust fund
of Six thousand dollars shall exceed the amount necessary for the striking of said medal,
and the care of the said die and of the fund, such surplus over or above the sum or sums so
rquired for the purposes of the trust as hereinbefor-e recited and set forth shall be used in
such manner as shall be selected by said National Academy of Sciences in aid of investiga-
tions and work in astronomical physics to be made and carried on by a citizen or citizens of
the United States of America.
And the said National Academy of Sciences cloth signify its acceptance of the said fund
of Six thousand dollars, and cloth engage to hold and manage the same upon the trusts and
for the uses and purposes herein mentioned and set forth.
In Witness whereof, I, the said Mary Anna Palmer Draper have hereunto set my hand
and seal, and the said National Academy of Sciences bath hereunto caused its corporate seal
to be affixed and these presents to be subscribed by its President, this thirteenth day of
April, in the year eighteen hundred and eighty-three.
MARY ANNA PALMER DRAPER, [SEAL.]
O. C. MARSH, [SEAL N. A. S.]
President National Academy of Sciences.
Sealed and delivered in presence of Edward H. Dixon, Mornay Williams, as to Mary
Anna Palmer Draper.
Witnesses to signature of President Marsh: J. H. C. Coffin, Asaph Hall, Saml. H. Walker.
Executed and acknowledged before Mornay Williams, Notary Public, New York Co.
Acknowledgment of officer of the Academy before Saml. H. Walker, Notary Public, Dist.
of Columbia.
THE WOLCOTT GIBBS FUND
MY DEAR PROFESSORS JACKSON AND LOEB:
May I beg you to present to those from whom I received, a few days since, so signal a
mark of friendship and good will my heartiest, most earnest, and most grateful acknowl-
edgment? The address which I received on my seventieth birthday, signed by more than
zoo friends, pupils, and assistants, brings
who now join to offer me more than mere
~ - , ~ ~
back my youth in recalling the names of those
good wishes to cheer my advancing age. Their
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APPENDICES
367
active friendship has taken the form which was most acceptable to me—that of an endow-
ment to assist research in my own branch of science; so that I can feel that in a certain
sense my power to work will not terminate with my life. As the generosity of my friends
permits me also to dispose of the manner in which the endowment shall be administered, I
submit to them, through you, the plan which seems to me best adapted to carry out their
wishes- a plan which has been fully tested in somewhat similar cases and found to work
well in practice.
I therefore propose that the fund raised for endowment shall be given to the National
Academy of Sciences, to hold the same in trust and to invest and reinvest as may be
necessary or advisable. The income or interest of the fund shall be administered by a board
of directors consisting of three persons, of whom at least two shall be members of the
academy. The first board shall consist of Charles Loring Jackson, Thomas M. Drown,
Ally ~l" Ill ~1lU 111C ulrecrors snail nave power to fill vacancies in their own number,
notifying the academy of their action without delay. In case of the deaths of all the mem-
bers of the board, their places shall be filled by persons holding professorships of chemistry,
to be appointed by a vote of the academy. The directors shall make an annual report to the
academy, stating the condition of the fund and the appropriations made during the year.
They shall have absolute and entire control of the disposition of the income of the fund,
employing it in such manner as they may deem for the best interest of chemical science.
It is my belief that the above or a similar arrangement is the best which can be made
that is to say, the one which is most likely to be of permanent benefit to science. I trust that
it will meet with the approbation of those who have honored me with their confidence and
their regard.
_ __ ~ T ~ ~ e ,
Sincerely, yours,
NEWPORT, March I, I89~.
THE BENJAMIN APTHORP GOULD FUND
WOLCOTT GIBBS.
Know all men by these presents that I Alice Bache Gould of the City of Boston and
County of Suffolk, State of Massachusetts, in consideration of the acceptance of the within
Trust by the National Academy of Sciences and also in consideration of divers other good
and valuable considerations have given granted assigned transferred and set over and by
these presents do give grant assign transfer and set over unto the said National Armed ~f
Sciences and its successors forever a certain fined or film of taunter th~l,~anr1 {~^ ^~\
~ ~ ~ ^_ ~ v ~ ~ ~ \ ~~~ and ~
, .. . . . .
dollars with the interest and income thereof to have and to hold the same in trust neverthe-
less upon the special trusts and for the uses and purposes following, to wit:
First. In trust, to invest and reinvest the said sum of twenty thousand dollars
($20,000.) and to keep the same invested under the ordinary rules governing trustees in good
and safe securities in such manner as shall be deemed best for the preservation and main-
tenance of such fund, which shall be known as the "-Benjamin Apthorp Gould Fund," in
memory of my father, the late Benjamin Apthorp Gould. of Cambridge. Massachusetts.
Second. In trust to use the net interest and income thereof according to and under the
direction of Lewis Boss of Albany New York Seth C. Chandler of Cambridge Massachusetts
and Asaph Hall of Washington D. C. whom I hereby constitute a Board of Directors for the
application of the income of the said Benjamin Apthorp Gould Fund, for the prosecution of
researches in astronomy, by assisting such observers and investigators in such manner and in
such sums as shall be agreed upon by the three above-mentioned persons or their successors
or by a majority of the then Board.
The Board of Directors however instead of expending all the income of the" Fund for
the purposes aforesaid may from time to time Rote that such portions thereof as they may
prescribe shall be added to the principal of the said Fund, and such portion shall then be so
added by the Trustees and all such sums once so added shall remain part of the principal.
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368
APPENDICES
The Board of Directors shall make an annual report to the National Academy of Sciences
giving such information concerning the Fund as shall be desired by the said Academy.
In case of any vacancy occurring in the Board of Directors by reason of the death,
inability or refusal to act or resignation of any of its members, then the surviving or
remaining members or member for the time being shall have power to fill any vacancy so
occurring in the Board by the selection of another person or persons to fill the same, and so
on from time to time as vacancies shall occur provided however that at least two of the
three directors shall always be members of the National Academy of Sciences. But if at
any time the three Directorships of the Board shall simultaneously be vacant, then the
National Academy of Sciences shall have power to fill these vacancies and the new
Board of Directors in this as in all other cases shall succeed to all the rights duties and
privileges of the former board.
Provided however that if at any time the said Academy from any cause whatever shall
cease to exist or in case at any time any modification of its rights or powers shall be made
by any action other than that of the said Academy itself and such modification shall be fol-
lowed within six months thereafter by a vote of the then Board of Directors approving
the passing and transfer hereinafter mentioned, then and in all of such cases the said Fund
together with all accumulations and unexpended income thereof shall pass and be trans-
ferred to the said Board of Directors who shall thereafter exercise the functions of both
Directors and Trustees, and the said National Academy shall no longer thereafter act as
Trustee, and shall have no power of appointing Directors and none of the Directors need
be members of the said National Academy; and furthermore after such transfer and passing
the said Directors may at any time appoint any other persons or corporation as Trustees,
reserving to themselves their powers and duties as Directors, and the Fund shall thereupon
pass to such new Trustees to be held upon the same trusts upon which it is hereby given to
the National Academy of Sciences, the principal with its accumulations to be always held
intact and the income applied as shall be best for the advancement of astronomy and for
the honor of my father's memory.
And the said National Academy of Sciences cloth hereby signify its acceptance of the
said Fund of twenty thousand dollars ($zo,ooo.) and cloth engage to hold the same upon
the trusts and conditions, and for the uses and purposes herein mentioned and set forth.
In witness whereof I the said Alice Bache Gould have hereto set my hand and seal and
the said National Academy of Sciences has caused its corporate name and seal to be hereto
affixed by Wolcott Gibbs its President "hereunto duly authorized this seventeenth (~7th)
day of November in the year eighteen hundred and ninety seven (~897~.
ALICE BACHE GOULD. [SEAL.]
WOLCOTT GIBBS.
President of the National Academy of Sciences.
W. W. Vaughan, witness to Alice Bache Gould.
O. C. Marsh, witness to Wolcott Gibbs.
J. M. Crafts, witness to Wolcott Gibbs.
C. B. Comstock, witness to Wolcott Gibbs.
TO THE BOARD OF DIRECTORS OF THE BENJAMIN APTHORP GOULD FUND.
GENTLEMEN: Believing that elaborate legal restrictions upon the uses of a perpetual
fund may often under changing circumstances hinder the accomplishment of the general
intention of the donor, I have in the deed creating the Benjamin Apthorp Gould Fund
defined its uses as briefly as possible, namely, as " for the prosecution of researches in
astronomy."
Nevertheless I wish hereby to record with you some personal preferences, based upon what
I believe would have been my father's opinions regarding the best use of such a Fund,
l
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APPENDICES
369
expressly stating however that this letter is not intended to restrict the action of the
Board of Directors more than shall in their judgment be expedient and fitting.
First. My object in creating the Fund is two-fold; on the one hand to advance the
science of astronomy, and on the other to honor my father's memory and to insure that his
power to accomplish scientific work shall not end with his own life.
Second. Throughout my father's lifetime his patriotic feeling and scientific ambition were
closely associated, and I wish therefore that a fund bearing his name should be used
primarily for the benefit of investigators in his own country or of his own nationality. I
r`~rtn~ni~.e however that ~r~metimec the heat: possible service to American science is the
_
. . ~ ~ · ~ . . ~ · . · ~ ~ ~ _ _ _ ~ r A ~ ~
maintenance or close communion between tne scenic men or Europe ana or America ana
that therefore even while acting in the spirit of the above restriction it may occasionally
be best to apply this money to the aid of a foreign investigator working abroad.
In connection with this I must refer to the strong interest felt by my father in the
National Academy of Sciences, and to his belief in the importance of creating and maintain-
ing a single national scientific body whose preeminence should be unquestionable, and of
concentrating power in its hands. I wish to recommend that all three Directors shall be
members of the Academy, although I have made this legally necessary for only two of the
three, and to record the desire to serve the Academy so far as I am able as one of my minor
motives in creating the Trust.
Third. I have copied many of the provisions of the Bache Fund, and it is my hope that
the Boards of Direction of the two Funds may always act in friendly unison, as befits the
long and intimate friendship of the men whose work they perpetuate. I trust that the
new Fund may relieve the Bache Directors of many astronomical expenses, and thus enable
them to devote the same amounts of money to other branches of science. And I recommend
the adoption of a custom now followed by the Bache Board of Directors, by which each
Director upon his own election names to his colleagues the person whom he believes most
fit to succeed him.
Fourth. I wish that in all cases work in the Astronomy of Precision should be distinctly
preferred to any work in Astrophysics, both because of my father's personal preference
and because of the present existence of generous endowments for Astrophysics.
Fifth. The Astronomical Journal long conducted by my father has in my belief exerted
a powerful influence in raising the standard of American astronomy; and in case at some
future time its existence should be imperiled by lack of funds, I wish to recommend it to
the attention of the then Board of Directors. As however I believe that the granting to
any scientific journal of definite rights over such a Fund would be a dangerous precedent,
I here repeat that the Directors are not to consider themselves bound by these my present
wishes further than they deem appropriate in connection with a journal associated with
my father's name.
Sixth. The Benjamin Apthorp Gould fund is intended for the advancement and not
for the diffusion of scientific knowledge. Moreover I prefer that it should be used to defray
the actual expenses of an investigation rather than for the personal support of the investi-
gator during the time of his researches. I do not wish absolutely to exclude the latter im-
portant use, but such an employment of funds seems to me more appropriately the function
of a university than of the National Academy, and I hope therefore that before granting
money for such a purpose the Directors will consider the existing university endowments and
,
other sources of pecuniary aid for able workers in science.
Finally I wish to express my entire faith in the wise judgment of the first Board of
Directors and my sense of my own good fortune in being able to intrust a memorial of my
father to the hands of men who have been both his scientific associates and his intimate
personal friends.
BOSTON, November 17, 1897.
ALICE BACHE GOULD.
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37O
APPENDICES
THE JOSEPH HENRY FUND
The " Joseph Henry fund " of $40,000 was contributed by " Fairman Rogers,
Joseph Patterson, George W. Childs, A. J. Drexel, F. A. Drexel, Charles H.
Rogers, l. G. F`ell, Isaac Lea, Asa Packer, John Welsh, William Blanchard,
lames Lenox, The Executors of the Estate of John C. Green, Mrs. John C.
Green, Robert L. Stuart, Miss C. L. Wolfe, William Libbey, E. N. Dickerson,
Cyrus W. Field, Thomas A. Scott, Wm. W. Corcoran, George P. Wetmore,
Thomas H. Powers, I. S. Morgan, T. Pierpont Morgan, I. V. Williamson,
John W. Garrett, Charles S. Coxe, Cyrus H. McCormick, I. E. Caldwell, Wm.
Weightman, Alexr. Brown, Henry C. Gibson, T. Donald Cameron, Samuel M.
Melton, Henry H. Houston, Nathaniel Thayer, John L. Cadwalader, and .T- F.
Navarro "-
as an expression of the donors' respect and esteem for Prof. Joseph Henry's personal virtues,
their sense of his life's great devotion to science with its results of important discoveries, and
of his constant labors to increase and diffuse knowledge and promote the welfare of mankind.
This sum of $40,000 the contributors caused to be invested in certain securities,
and to be deposited with and held by the Pennsylvania Company for Insurance of
Lives and Granting Annuities in Trust, which company was required to collect
the income thereon from time to time, and to pay over the same to Prof. Joseph
Henry during his natural life, and after his death, to his wife and daughters, and
after the death of the last survivor " to deliver the said fund and the securities
in which it shall then be invested to the National Academy of Sciences, to be
thenceforward forever held in trust by the National Academy of Sciences under
the name and title of ' the Joseph Henry fund,' the principal to be forever held
intact and the income to be from time to time applied by the said National
Academy of Sciences in its sole discretion to assist meritorious investigators
especially in the direction of original research."
THE JOHN L. LECONTE FUND
The will of Professor Le Conte contains the following clause:
In case all my said children shall die before my said wife without lawful issue, then I
direct the whole income to be paid to her during her natural life and upon her death or in
case my said children shall all die after my said wife without lawful issue and intestate, the
whole of my said Estate shall be distributed as follows:
I give and bequeath unto ~ ~ ~ the National Academy of Sciences incorporated by
Act of Congress of the United States of America the sum of Twenty-five thousand dollars
($25,000~.
THE MORRIS LOEB BEQUEST
The will of Morris Loeb. signed January II, I9I2, contains the following
clause:
" SEVENTEENTH: I give and bequeath to the National Academy of Sciences in Wash-
ington, in the District of Columbia, the sum of Two thousand five hundred Dollars as a
contribution toward the Wolcott Gibbs Fund, founded in ~89~."
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APPENDICES
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THE 0. C. MARSH FUND
The will of Professor Marsh contains the following clause:
" I give, devise, and bequeath to the corporation known as the National Academy of
Sciences, in Washington, D. C., the sum of $~o,ooo, as a trust fund, the income to be used
and expended by it for promoting original research in the natural sciences."
THE JOHN MURRAY FUND
This fund came to the Academy in the form of a personal letter to the Home
Secretary, as follows:
To ARNOLD HAGUE, ESQ.,
Secretary of the National Academy,
Washington, D. C., U. S. A.
MY DEAR HAGUE:
I enclose you a cheque for $6000 ( £~33) which sum I trust the National Academy
will accept from me, for the purpose of founding an Alexander Agassiz gold Medal, to be
awarded for original contributions in the Science of Oceanography to scientific men in any
part of the world, whenever and as often as the President and Council may deem desirable.
Yours very sincerely,
~ Signed ) JOHN MURRAY.
THE BELLEWE-STRATFORD,
Philadelphia, 22 April, 1911.
THE J. LAWRENCE SMITH FUND
Know all men by these presents, that I, Sarah Julia Smith, of the City of Louisville, and
County of Jefferson, State of Kentucky, in consideration of the premises and of the
acceptance of the within trust by the National Academy of Sciences, and, also, in consid-
eration of divers other good and valuable considerations, I, the said Sarah Julia Smith,
hereto moving, have given, granted, assigned, transferred, and set over, and by these
presents do Rive, e;rant, assign, transfer, and set over unto the said National Academy of
Sciences and to their successors forever, a certain fund or sum of Eight thousand dollars
with the interest and income thereof, to have and to hold the same in trust nevertheless-
upon the special trusts and for the uses and purposes following, to wit:
First. In trust to invest and to reinvest the said sum of Eight thousand dollars, and to keep
the same invested in good and safe securities, or in such other manner as shall be in their
opinion best for the preservation and maintenance of such fund.
Second. In trust to use the interest and income thereof for the purpose of striking a gold
medal which shall be called the " Lawrence Smith Medal," shall be of the value of Two
hundred dollars in gold, and shall be struck in a die to be selected and presented to the said
National Academy of Sciences, by me, the said Sarah Julia Smith. And the said medal
shall be awarded and presented from time to time, by the said National Academy of
Sciences, to any person in the United States of America or elsewhere who shall make an
original investigation of meteoric bodies the results of which shall be made known to the
public, such results being in the opinion of the said National Academy of Sciences of suffi-
cient importance and benefit to science to merit such recognition, provided, however, that said
medal shall not be presented or awarded more frequently than once in two years, and pro-
vided, also, that the investigation for which it is awarded or the completed publication
thereof shall have been made since the time of the last preceding award and presentation
of said medal.
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APPENDICES
Third. In trust that if investigations of equal importance shall be made in regard to
meteoric bodies at or about the same time in the United States of America and, also, in
some other part of the world, each of which investigations might in the opinion of said
Academy entitle the investigator to be considered as a competitor for said medal, preference
shall be given in the awarding thereof to investigations made by a citizen of the said United
States of America.
Fourth. In trust, that if the said die shall at any time be lost, destroyed, broken, or in
any manner rendered unfit for the purpose of striking the said medal, a new die shall be
procured exactly similar to the one so selected and presented as aforesaid, and shall be
paid for out of the interest and income of the said fund; and such sum or sums of money
as shall at any time or times be necessary for the care, custody and protection of the said
die or of the said fund hereby given, shall also be taken from and out of the interest and
income of the said fund whenever the same shall be deemed necessary by the said National
Academy of Sciences.
Fifth. In trust that, if at any time or times the interest and income of said trust fund
of Eight thousand dollars shall exceed the amount necessary for the striking of said medal
and the care of the said die and of the fund, such surplus over and above the sum or sums
so required for the purposes of the trust as hereinbefore recited and set forth shall be used
in such manner as shall be selected by the National Academy of Sciences in aid of investi-
gations of meteoric bodies to be made and carried on by a citizen or citizens of the
United States of America.
And the said National Academy of Sciences cloth signify its acceptance of the said fund
of Eight thousand dollars and cloth engage to hold and manage the same upon the trusts
and for the uses and purposes herein mentioned and set forth.
In witness whereof, I, the said Sarah Julia Smith, have hereunto set my hand and seal,
and the said National Academy of Sciences bath hereunto caused its corporate seal to be
affixed and these presents to be subscribed by its President, this sixth day of May, in the
year one thousand eight hundred and eighty-four.
SARAH JULIA SMITH, [SEAL.]
O. C. MARSH, [SEAL N. A. S.]
President of the National Academy of Sciences.
Sealed and delivered in presence of Annie C. Norton, J. H. Caperton as to Sarah Julia
Smith.
Witnesses to signature of President Marsh: George J. Brush, E. S. Dana.
THE J. C. WATSON FUND
The will of Mr. lames C. Watson, dated luly ~ I, ~874, contains the following
· —
provisions:
Fifth. I give and devise subject to conditions and legacies hereinbefore and hereafter
mentioned all the rest, residue and remainder of my real and personal estate to the National
Academy of Sciences of the United States of America, of which I am a member, which said
Academy was incorporated by Act of Congress, approved March third, A. D., ~863, to be
aggregated, kept and invested as a perpetual fund the income from which shall be expended
by said Academy for the promotion of Astronomical Science. ~ ~ ~ ~ I direct that all
other bother than those specifically bequeathed otherwise] stocks bonds and securities owned
by me be converted into money on the most advantageous terms possible and as soon as it
may be advantageous to do so and paid over to the Treasurer of said National Academy of
Sciences. I direct that any other personal property belonging to me, as well as any real
estate of which I may die possessed, except my books and scientific papers, be sold and dis-
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373
posed of as soon as may possibly be done advantageously to the interests of my estate and
that the proceeds thereof be paid over to the Treasurer of said National Academy of
Sciences.
I direct that my books and scientific papers be transferred to said National Academy of
Sciences, to become a part of the library of said Academy.
In order to carry out the wish hereinbefore expressed as to the disposal of the income
from the fund resulting from my estate hereby devised to said National Academy of
Sciences, I do hereby direct that the designation of the particular objects and works which
may be aided by this fund shall be determined, subject to approval by a vote of the
Academy, by a Board of Trustees, three in number, who shall be members of the Academy
and elected, after the first herein named, by said Academy whenever a vacancy may occur
by death or otherwise. The trustees so appointed shall hold said office, unless voluntarily
relinquished by them, during the period of their membership in the said National Academy
of Sciences, and I do hereby appoint and constitute Julius E. Hilgard of the United States
Coast Survey and Simon Newcomb and J. H. C. Coffin, Professors of Mathematics U. S.
Navy, all of Washington in the District of Columbia, to be the first Board of Trustees for
the purposes herein named.
It is my wish that the Academy may if it shall seem proper provide for a gold medal of
the value of one hundred dollars to be awarded with a further gratuity of one hundred
dollars, from time to time to the person in any country who shall make any astronomical
discovery or produce any astronomical work worthy of special reward as contributing to
our science. It is my further wish that provision be made for preparing and publishing
tables of the motion of all the planets which have been discovered by me, as soon as it may
be practicable to do so and I desire that in all cases the trustees and the Academy shall act
in harmony to obtain results of the greatest possible aid to our Science from the income fund
resulting from my estate. I desire that results so obtained shall be published as speedily as
possible in such manner as may be provided by the Academy.
I direct that the said National Academy of Sciences take all necessary and proper
measures to invest the funds resulting from the property hereby devised where they may be
safe and yield the largest income possible consistent with safety.
;
i
Representative terms from entire chapter:
income thereof
