Reports. 4. Reports from Standing Committees of the Board of Managers: All committees of the Board shall keep regular minutes of their proceedings and shall report monthly to the Board; they shall also report, through the Committee on Finance, to the stated meeting of the Board in September, an estimate of moneys they require for the service of the ensuing year. SEC. 2. The Committees on Library, Meetings and Museum shall consist of ten members each, appointed by the President at the first stated meeting after the annual election, to serve one year. SEC. 3. The Committee on Library shall purchase books and other publications of a kind and character suitable to and consonant with the purpose of the Institute's library. SEC. 4. The Committee on Meetings shall act with the Secretary of the Institute to secure for presentation before the Institute papers dealing authoritatively with subjects of import in the fields of physical science and engineering. SEC. 5. The Committee on Science and the Arts shall consist of sixty members who shall serve three years. Twenty shall be elected each year by the Board of Managers at the first meeting after the annual election. The Committee shall investigate current discoveries, inventions and other achievements of workers in the physical sciences and their application in the mechanic and industrial arts with a view of affording such recognitions as lie within the power of the Institute to bestow. SEC. 6. These committees shall organize and adopt rules and regulations suitable to their several activities, subject to the approval of the Board. ARTICLE X.-Meetings SECTION 1. The Institute shall hold stated meetings on the third Wednesday of each month, except in June, July, August, and September. That on the third Wednesday in January of each year shall be the annual meeting. SEC. 2. Special meetings shall be called by order of the President, upon request of the Board of Managers, or the written application of twelve members of the Institute. Fifteen members shall constitute a quorum. ARTICLE XI.-Amendments These By-Laws may be altered or amended at any stated meeting of the members of the Institute, provided notice in writing, signed by two members, of the proposed alteration or amendment, shall be given to the Board of Managers two months prior to the said meeting, except that amendments to Article I, relating to capital stock, must be ratified subsequently by a majority of the stock represented at a meeting specially called for this purpose. BY-LAWS OF THE BOARD OF MANAGERS Organization Meeting. A meeting for the purpose of organizing, electing members of the Committee on Science and the Arts, appointing a Secretary, an Assistant Secretary and Librarian, a Controller and Standing Committees, shall be held on the fourth Wednesday in January, at 4.15 o'clock, P.M. Stated Meetings. Stated meetings shall be held on the second Wednesday of each month at 12.30 o'clock, P.M. Order of Business. 1. Calling the roll. 2. Reading the minutes of the previous meeting. 3. Report from Treasurer. Reports. 4. Reports from Standing Committees of the Board of Managers: All committees of the Board shall keep regular minutes of their proceedings and shall report monthly to the Board; they shall also report, through the Committee on Finance, to the stated meeting of the Board in September, an estimate of moneys they require for the service of the ensuing year. AWARDS BY THE INSTITUTE The following awards are made by The Franklin Institute: The Elliott Cresson Medal. The Boyden Premium. The making or recommending of these awards is, by resolution of the Institute, entrusted to its Committee on Science and the Arts, a Committee consisting of sixty members of the Institute. This Committee recommends to the Institute the award of the Franklin Medal to distinguished scientists or technologists; and investigates, upon application, and reports on any worthy invention, discovery or process, recommending the award, according to merit, of the Elliott Cresson Medal, the Howard N. Potts Medal, the Louis Edward Levy Medal, the George R. Henderson Medal, the Walton Clark Medal, the John Price Wetherill Medal, the Edward Longstreth Medal, or the Certificate of Merit. The Franklin Medal (Gold Medal and Certificate).-This medal is awarded annually from the Franklin Medal Fund, founded January 1, 1914, by Samuel Insull, Esq., to those workers in physical science or technology, without regard to country, whose efforts, in the opinion of the Institute, acting through its Committee on Science and the Arts, have done most to advance a knowledge of physical science or its applications. The Elliott Cresson Medal (Gold Medal and Certificate).-This medal is awarded for discovery or original research, adding to the sum of human knowledge, irrespective of commercial value; leading and practical utilizations of discovery; and invention, methods of products embodying substantial elements of leadership in their respective classes, or unusual skill or perfection in workmanship. The Howard N. Potts Medal (Gold Medal and Certificate).-This medal is awarded for distinguished work in science or the arts; important development of previous basic discoveries; inventions or products of superior excellence or utilizing important principles. The Louis E. Levy Medal (Gold Medal and Certificate).—This medal is awarded to the author of a paper of especial merit, published in the JOURNAL OF THE FRANKLIN INSTITUTE, preference being given to one describing the author's experimental and theoretical researches in a subject of fundamental importance. The George R. Henderson Medal (Gold Medal and Certificate).—This |