in physical science or technology, without regard to country, whose efforts, in the opinion of the Board of Managers of said The Franklin Institute have done most to advance our knowledge of physical science or its application. Should the income derived from this fund be more than necessary for the purposes aforesaid, the said The Franklin Institute may, in its discretion, award so much of the surplus, as its Board of Managers deems wise, as premiums to accompany said medals.

3. The fund thus set apart shall be known as The Franklin Medal Fund" (Founded January 1, 1914, by Samuel Insull, Esq ).

4. The medals to be awarded as aforesaid shall be of gold, shall have distinct artistic merit, shall be of the intrinsic value of about seventy-five ($75) dollars, and shall have on one side thereof a medallion of Benjamin Franklin taken from his portrait by Thomas Sully, now in the possession of the said The Franklin Institute.

IN WITNESS WHEREOF, The said The Franklin Institute of the State of Pennsylvania for the Promotion of the Mechanic Arts has hereunto set its common or corporate seal, attested by the signatures of its President and Secretary, this 28th day of March, A.D. 1914.

WALTON CLARK,
President.

[SEAL]

R. B. OWENS,
Secretary.

The Elliott Cresson Medal.-Under date of February 18, 1848, Elliott Cresson, Esq., of Philadelphia, Pennsylvania, conveyed to the Trustees for The Franklin Institute one thousand dollars of the six per cent. convertible loan of the President, Managers and Company of the Schuylkill Navigation Company-to hold the said sum and the interest to accrue thereon, for the following uses and purposes:

1. The trustees to keep the principal invested as it now (1848) is until it is reimbursed by the said Company, and immediately after such reimbursement to reinvest the said principal of one thousand dollars in such securities, bearing interest, as may by law be designated for the investment of trust funds.. And from time to time, as the said principal sum may be reimbursed, to reinvest the same in like manner.

2. To cause suitable dies to be prepared for striking the gold medal out of the first sufficient moneys received for interest on the said sum of one thousand dollars, the dies to bear the following devices and inscriptions: The obverse,—a medallion likeness of the said Elliott Cresson with inscription around the margin, "Elliott Cresson Medal, A.D. 1848." Reverse,around the margin, "Awarded by The Franklin Institute of Pennsylvania." The centre to be filled by engraving the name

of the party to whom awarded and the year in which the award
is made.

3. After the said dies have been prepared, and paid for out
of the money received for interest, the said Trustees to cause
to be struck, from time to time, such number of gold medals as
the interest received will pay for, and to deliver the same to
the Treasurer of The Franklin Institute, to be by him transmitted
to such persons or parties as the said Franklin Institute may
have awarded the same; the said awards, however, to be in all
instances made either for some discovery in the arts and
sciences, or for the invention or improvement of some useful
machine, or for some new process or combination of materials
in manufactures, or for ingenuity, skill or perfection in
workmanship.

The Howard N. Potts Medal.-Howard N. Potts, of Philadelphia, Pennsylvania, died July 24, 1906, leaving a will in which he provided for the establishment of this medal as follows:

"I give and bequeath to The Franklin Institute of the State of Pennsylvania for the Promotion of the Mechanic Arts and its successors, the sum of one thousand dollars, without deduction for taxes or charges; in trust to invest the same and apply the income thereof or such part or portion of it as may be adequate for the purpose, from time to time, to the purchase of a gold medal, to be awarded in the name of the said Franklin Institute for distinguished work in science or the mechanic arts."

The Edward Longstreth Medal of Merit. In the month of May, 1890, Edward Longstreth, of Philadelphia, Pennsylvania, retired member of The Baldwin Locomotive Works, deposited with The Franklin Institute in trust, a registered bond of the Baltimore Traction Company for the sum of one thousand dollars, for the founding and perpetuation of the Edward Longstreth Medal of Merit; the interest accruing from said principal sum to be used in procuring and awarding said medals for the encouragement of invention, and in recognition of meritorious work in science and the industrial arts; the said awards to be made by The Franklin Institute through its Committee on Science and the Arts, under such rules as said Committee may adopt.

This donor further presented to The Franklin Institute twelve silver medals and the dies therefor designed and executed under the direction of a committee of the Institute with his approval.

On May 14, 1890, the Board of Managers of The Franklin Institute, by resolution, accepted on behalf of the Institute the gifts of the donor, and on September 17, 1890, the Institute, by resolution following, confirmed the acceptance:

"Resolved, That the Institute hereby confirms the action of the Board of Managers in accepting the gift of foundation of the

Edward Longstreth Medal of Merit, and in expressing its grate-
ful acknowledgments for the gift.

"Resolved, That the grant of the Edward Longstreth Medal,
in accordance with the wishes of the donor, be entrusted to the
Committee on Science and the Arts, subject to such conditions
as the said Committee, with the approval of the Institute, may
propose."

The obverse of the medal bears the effigy of the donor, and is inscribed around the margin, "The Edward Longstreth Medal of Merit, Founded 1890." On the reverse is inscribed around the margin, Awarded by The Franklin Institute," and in the centre is engraved the name of the recipient with the date and object of award.

On March 19, 1913, Charles Longstreth, son of the above-named Edward Longstreth, deposited with The Franklin Institute the further sum of one thousand dollars to be added to the original fund to be kept with it in trust in perpetuity, the interest to be used as is the interest of the original fund.

The Certificate of Merit.-At the stated meeting of the Institute, held on June 21, 1882, the following resolution was adopted:

"Resolved, That the Committee on Science and the Arts of The Franklin Institute is hereby authorized to award, and issue to persons by said Committee adjudged worthy, a Certificate of Merit for their inventions, discoveries or productions, which certificate shall read as follows:

"The Franklin Institute of the State of Pennsylvania for the Promotion of the Mechanic Arts, awards to

this Certificate of Merit. This award is made pursuant to the recommendation of the Committee on Science

Chairman of the Committee on Science and the Arts.

The John Scott Legacy Medal and Premium.-John Scott, chemist, late of Edinburgh, Scotland, by his will, made in the year 1816, bequeathed the sum of four thousand dollars in the funded three per cent. stock of the United States, to the corporation of the City of Philadelphia, directing that the interest and dividend becoming receivable thereon should be laid out in premiums, to be distributed among ingenious men and women who make useful inventions, no such premium, however, to exceed twenty dollars, and that therewith shall be given a copper medal with this inscription: "To the most deserving."

The Select and Common Councils of the City of Philadelphia, by an ordinance passed November 22, 1821, vested the recommendation of these premiums and medals in The Philadelphia Society for Promoting Agriculture, a society formed in the year 1785. Thirty-seven recommendations were made by the Society from 1822 to 1834. By a supplemental ordinance, dated February 27, 1834, The Franklin Institute was authorized and empowered to carry into effect the conditions and provisions of the ordinance passed November 22, 1821. In 1835, a standing committee to have charge of the legacies and trusts confided to the City was appointed, and in 1854, a further ordinance was passed authorizing the superintendent of trusts, under the supervision of the Committee on Trusts, to distribute the premiums, but "only to such persons as The Franklin Institute shall report as being the authors of useful inventions" . . . The control of John Scott's Premium Fund was further transferred in 1870 to the Board of Directors of City Trusts, a board created by an Act passed and approved June 30, 1869, by the Legislature of the State of Pennsylvania, for the purpose of administering all estates dedicated to charitable uses, or trusts, the charge or administration of which become vested in or confided to the City of Philadelphia. This Board, by a resolution passed April 12, 1882, referred the administration of the premium fund to its Committee on Wills Hospital and Minor Trusts, and this committee resolved that it would favorably receive the names of any persons whom The Franklin Institute from time to time reported to the Committee on Minor Trusts as worthy of receiving the John Scott Legacy Medal and Premium. The Institute, by a resolution passed June 21, 1882, accepted the above, and referred the duty of making examinations and recommending awards to its Committee on Science and the Arts.

Since 1834, therefore, when the Philadelphia Society for Promoting Agriculture had ceased its activities and when the authorization to make recommendations of the John Scott Legacy Medal and Premium was transferred to the Institute, the various committees and boards in which the control of the John Scott Premium Fund became vested have renewed this authorization and the Institute continues to make recommendations of this award to the Board of Directors of City Trusts of the City of Philadelphia.

REGULATIONS OF THE COMMITTEE

ON SCIENCE AND THE ARTS

ARTICLE I.-Investigations.

SECTION 1. The Committee shall investigate, by sub-committee or otherwise, any subject referred to it by the Institute or by any of its sections; and upon a majority vote of the members present at any stated meeting, it may investigate any subject presented on motion of a member or by application as herein provided.

SEC. 2. Secret processes or compounds will not be considered by the Committee; nor will the treatment of materials by any substance be considered, unless the composition used and the method of treatment are fully disclosed.

SEC. 3. An applicant for investigation of a subject will be furnished by the Secretary with a copy of the regulations governing investigations.

SEC. 4. An application for investigation shall be made in writing on a blank, substantially like "Form A" below, which may be obtained from the Secretary. This application shall be addressed to the Secretary, who will upon receipt refer it to the Sub-Committee on New Subjects and Preliminary Examination; this sub-committee shall recommend to the Committee its acceptance or rejection, upon which the Secretary shall notify the applicant accordingly.

SEC. 5. It shall not be competent for any member of the Committee on Science and the Arts to be an applicant for any of the awards in the gift, or under the recommendation, of the said Committee, unless the subject for award be referred to the Committee by a vote of the Institute.

ARTICLE II.-Meetings of the Committee.

SECTION 1. The Committee shall hold stated meetings at 8 o'clock P.M. on the first Wednesday of each month, excepting July and August.

SEC. 2. Special meetings may be called by the Chairman, and shall be called by him upon the written request of five members of the Committee.

SEC. 3. At all meetings of the Committee nine members shall constitute a quorum for transacting general business, but for final action upon a report conferring or recommending an award or for amending the rules of the Committee, a quorum shall consist of not less than fifteen members.

SEC. 4. At its stated meeting the Committee shall proceed in the following

I. Calling the roll.

Order of Business:

2. Reading of the minutes of preceding meeting.

3. Reading of correspondence.