Trusts and benefactions, etc

Trusts and Benefactions, etc.

Trust's and Benefactions are arranged in order of date.

The list of Trusts and Benefactions given below does not include gifts to University College or King's College before their incorporation in the University or gifts to the University in respect of these colleges since their incorporation. For details of such gifts reference should be made to the Calendars of the respective Colleges.

Further details in regard to the Exhibitions, Scholarships, Prizes and Studentships referred to below, and of the Examinations on the results of which the Scholarships, &c., are awarded, are given on pp. 273–288, and, more fully, in the Scholarships Pamphlet, published annually by the University.

The Brown Trust. (Brown Animal Sanatory Institution.)

[S.M. 198/201, July 1871.]

This Institution originated in a Bequest by Mr Thomas Brown, of Rosey Park Hill, Dublin, but a citizen of London, who died in December 1852, and of whose Will (dated December 14th, 1846) the following are the leading provisions:—

"And whereas there is standing in my name in the Books of the Bank of England a sum of Twenty Thousand and upwards of Three per cent Consolidated Government Annuities; Now I will and bequeath to the Chancellor, Vice-Chancellor, and Fellows of the University of London and their Successors in said University the said Stock in Three per cent. Consolidated Annuities, and all residue of personal property…for the founding, establishing, and upholding an Institution for investigating, studying, and without charge beyond immediate expenses, endeavouring to cure, maladies, distempers, and injuries, any Quadrupeds or Birds useful to man may be found subject to: for and towards which purpose of founding, establishing, and upholding such Animal Sanatory Institution within a mile of either Westminster, Southwark, or Dublin …I will and bequeath exclusively all such rest, residue, and remainder of personal property belonging to me at the time of my decease; and I will and direct that all available interest to accrue on said residue shall be let to accumulate and remain, along with all the principal of such residue in the English Three per cent. Consolidated Government Annuities, for any length of time lawful for such increase, not exceeding the term of fifteen years from the time of my death, and shall be all, principal and interest, then or afterwards applied solely to the object of founding, establishing, and upholding the Animal Sanatory Institution, as aforesaid. I further will and direct that dominion over the property of and for the Animal Sanatory Institution to be thus founded shall become vested in the Chancellor, Vice-Chancellor, and Fellows for the time being of the University of London.…I will and desire that previous to the Animal Sanatory Institution as aforesaid being opened for the reception of animals, and cure of their ailments, a Superintendent or Professor of the Institution and its business shall be appointed by the Chancellor, Vice-Chancellor, and Fellows for the time being of the University of London.…And I will and direct that the Professor or Superintendent of the said Animal Sanatory Institution shall have a residence adjacent thereto, besides a salary, and that he shall annually give on the business of the said Institution at least five lectures in English, and free to the public, at some place to be appointed by the governing majority of the Senate of the said University of London; and I further desire that kindness to the animals committed to his charge shall be a general principle of the Institution to be founded as aforesaid. And I also will and desire that the Chancellor, ViceChancellor, and Fellows for the time being of the University of London or the governing majority thereof may at any time if they shall choose appoint a Committee of their own body or of medical men for to control the number and cases of diseased or injured animals to be taken charge of, and to decide about the purchase of diseased or injured animals or their carcases for the promotion of science, as well as for to determine about any contingency not hereinbefore provided for relative to the said Animal Sanatory Institution. And I will and direct that any such controlling Committee, if appointed, shall be so only from year to year, and that as to any of the rules, orders, or regulations of such Committee, there may be privilege of appeal to the Chancellor, ViceChancellor, and Fellows of the University of London."

The validity of this Bequest was contested by Mr Brown's executors and next of kin, mainly on the ground that such an Institution as Mr Brown proposed to found would not properly be a Charity. But the Senate, considering that the question was one of public importance, and that the foundation of the Institution was highly desirable in the interests of science and humanity, instituted a suit against the executors to establish the validity of the Bequest. The case was heard on November 13th, 1856, before the Master of the Rolls, who decided that the Bequest was a "perfectly good gift," "a gift peculiarly connected with what is useful, and for the advantage of mankind"; and therefore he made "a Declaration that this is a good Charity."

At the instance of the University of Dublin an appeal against the decision of the Master of the Rolls was carried before the Lord Chancellor and the Lords Justices of Appeal and heard on the 29th of April, 1857. The Lord Chancellor's Judgment, in which the Lords Justices concurred, ended by declaring that the case had been correctly decided by the Master of the Rolls, and that Appeal was "so thoroughly without foundation that it must be dismissed with costs."

Upon an order from the Master of the Rolls, the executors in April 1858, transferred to the University a Stock Warrant for £22,600 Three per cent. Consols, and a draft for £113 8s. 9d. The fund was allowed to accumulate at interest and by re-investment of dividends until the spring of 1871 (the nineteenth year after Mr Brown's death), when the value of the Stock amounted to £33,781 14s. 11d. The Senate then proceeded to execute the Trust by establishing the Institution, drawing up a scheme of management in accordance with the Will, and appointing an administrative Committee and a Professor-Superintendent.

A question having arisen as to whether the Mortmain Act would allow any part of the Trust Fund to be applied to the purchase of land, the difficulty was removed by a munificent gift to the Trust of £2,000 by Mr John Cunliffe, of Lombard Street, through the late Sir John (then Dr) Burdon Sanderson, and a further sum of £700 by Dr Sanderson himself. By means of these gifts an eligible site was purchased in Wandsworth Road and the requisite buildings forthwith erected. Subsequent gifts were a legacy of £516 left to the Institute by the late Mrs Pappacalo, a donation of £500 by the Executors of the late Reymes Hurrell, Esq., in 1901, and a second (reversionary) gift by Mrs Pappacalo of £661 in 1903. In addition, an order of the High Court of Justice, Chancery Division, in May 1921, allotted Stocks to the nominal value of about £3,800 to the University for the benefit of the Institution, these funds forming part of the residuary estate of the late Miss F. J. Wedgwood. A further sum of £560 was afterwards received from the Wedgwood Trustees.

Neil Arnott Scholarships.

[S.M. 39/43, March 1869.]

In the year 1869 Dr Neil Arnott, M.D., F.R.S., Fellow of the University from 1836–74, gave to the University £2,000 Stock for the purpose of promoting the study of Physical Science. The income of the fund, now amounting to about £120 per annum, is devoted to the emoluments of the Neil Arnott Scholarships in Chemistry and Physics, awarded annually on the results of the Scholarships Examination.

Gerstenberg Scholarship.

[S.M. 49/51, Feb. 1877.]

In the year 1877 Mrs Gerstenberg gave to the University a sum of 500 guineas (voted as a testimonial to her husband, the late Mr Isidor Gerstenberg, by members of the Council of Foreign Bondholders) for the purpose of promoting the study of Political Economy. The income of the fund, amounting to about £30 per annum, is devoted to the emoluments of the Gerstenberg Scholarship in Economics and Political Science, awarded annually on the results of the Scholarships Examination.

Gilchrist Studentships and Scholarships.

Since the year 1879 the Trustees of the Gilchrist Educational Trust have given to the University annually sums, varying in amount, for the purposes of the Gilchrist Studentships and Scholarships. Two Gilchrist Scholarships for Women, two Gilchrist Scholarships for Oriental Languages (transferred in 1917 to the School of Oriental Studies), and the Gilchrist Studentship for Women are awarded annually, and the Gilchrist Studentship in Modern Languages is awarded biennially. The Trustees also award, on the recommendation of the University Extension Board, four medals in connexion with the final examinations for the Diplomas in History, in Literature, in Economics and Social Science, and in the History of Art.

Carpenter Medal.

[S.M. 214/215, July 1881; S.M. 2335/43, May 1910.]

The Carpenter Memorial Fund was given to the University in 1881 for the purpose of awarding a Prize in memory of Dr W. B. Carpenter, F.R.S. The Fund was allowed to accumulate until the year 1910, when it was decided to award the Carpenter Medal to the value of £20, or its pecuniary equivalent, once in three years for a Thesis of exceptional distinction in Experimental Psychology, including the Physiology of the Central Nervous System and Special Senses, presented for a Doctor's Degree (other than the Ph.D. Degree), the first award being made in 1913. In 1921 the award was changed to a Carpenter Medal, together with a money prize, of the value of £20 in all.

Rogers Prize.

[S.M. 35, Jan. 1885; S.M. 86, Feb. 1885; S.M. 115, April 1885.]

By his Will dated July 9th, 1879, Dr Nathaniel Rogers, who died in 1885, bequeathed £500 to the University for the purposes mentioned in the following extract from the Will:—

"I give five hundred pounds sterling to the University of London in trust to bestow (out of the accumulated compound interest thereof) from time to time the sum of one hundred pounds sterling as a Prize to be called or denominated 'The Rogers Prize' (open for competition to all the Members of the Medical Profession in Great Britain and Ireland) for an Essay or Dissertation on some Medical or Surgical subject to be named and appointed by the aforesaid University and under such regulations as that University shall determine, the necessary expenses attending the same to be paid (if University think fit) out of the aforesaid interest Should the University in question decline the Trust let it be offered to the College of Physicians in London and in succession if necessary to the Royal College of Surgeons in England and to other Colleges Corporations and Associations in the United Kingdom for the cultivation of Medical Science as my Executors shall deem fit."

Sherbrooke Scholarship.

[S.M. 343/4, Oct. 1891.]

In the year 1891 the Rt Hon. Robert Lowe, G.C.B., F.R.S., Viscount Sherbrooke, first Member of Parliament for the University and Fellow from 1860–92, gave to the University a sum of £1,000 to be used at the discretion of the Senate. The income of the fund, amounting to about £35 per annum, is devoted to the emoluments of the Sherbrooke Scholarship in Mathematics, awarded annually on the results of the Scholarships Examination.

Granville Scholarship.

[S.M. 199, June 1892.]

In the year 1891 the Rt Hon. the Earl of Derby, K.G., F.R.S., Chancellor of the University from 1891–93, gave to the University a sum of £2,000 for the foundation of a Prize or Exhibition in memory of the late Rt Hon. Earl Granville, K.G., F.R.S., Chancellor of the University, 1856–91. The income of the fund, now amounting to about £100 per annum, is devoted to the emoluments of the Granville Scholarships in Classics, awarded annually on the results of the Scholarships Examination.

Derby Scholarship.

[S.M. 165, May 1893.]

In the year 1893 the Rt Hon. the Earl of Derby, K.G., F.R.S., Chancellor of the University from 1891–93, bequeathed to the University a sum of £2,000 to found a Prize, Exhibition or Scholarship as the Senate might determine. The income of the fund, now amounting to about £100 per annum, is devoted to the emoluments of the Derby Scholarship in English History, awarded annually on the results of the Scholarships Examination.

Lindley Studentship.

[S.M. 265, July 1900; S.M. 1508, March 1908; S.M. 288, Oct. 1924.]

In the year 1900 the four children of the late Mr William Lindley gave to the University a sum of £1,000 in memory of their father. The income of the fund, now amounting to about £40 per annum, was until 1922 devoted to the emoluments of a Lindley Studentship awarded triennially for research in Physiology.

Since 1925 the Studentship is offered triennially to a student qualified to undertake research in History and is tenable at the Institute of Historical Research.

St Dunstan's Exhibitions.

[S.M. 197, March 1901.]

Since the year 1900 the Governors of St Dunstan's Educational Foundation have provided funds for two St Dunstan's Exhibitions for Women, awarded annually on the results of the Exhibitions Examination. From 1912 to 1920 the Governors provided funds for an additional Exhibition, tenable for three years, to be offered in connexion with the Exhibitions Examination of the University under the same conditions as those applying to the other two St Dunstan's Exhibitions, save that it will be tenable at any place of higher literary, scientific or technical education approved by the Governors, including the University of London.

In 1921 the number of Exhibitions offered was reduced to two, one tenable at the University of London only, and the other tenable under the conditions attaching to the additional Exhibition referred to above, but the value of each Exhibition has been increased to £90.

Cobden Prize.

[S.M. 217, May 1900; S.M. 308, July 1900.]

During the period 1900–12 the Cobden Club granted triennially a Prize, entitled the Cobden Prize, of the value of £20, and a silver medal for an Essay on some subject connected with Political Economy. The Cobden Club offers two money prizes of £2 2s. each to University Extension Students attending instruction in Economic Subjects.

Treasury Grant-in-Aid.

[S.M. 239/41, Nov. 1901; S.M. 477, Nov. 1921.]

Until the reconstitution of the University in the year 1901 all Examination Fees received by the University were paid to the Exchequer, and the Cost of Salaries, Examinations, Library and incidents was provided by an annual vote of Parliament. Representations were made to the Treasury by the University that this arrangement should cease, that an annual grant-in-aid should be voted, to be expended at the discretion of the Senate, and that in fixing the amount of the grant-in-aid regard should be had not only to the expenditure of the University as hitherto constituted, but also to the great extension of its functions under the provisions of the University of London Act.

In a Treasury Minute of the 21st February, 1901, it was agreed that the existing financial arrangements were "incompatible with the altered position of the University and somewhat derogatory to its independence," and an arrangement was made by which the University should retain the revenue from fees, and the Exchequer should defray the following expenses:—

In addition, the University was to receive an annual grantin-aid of £8,000,

out of which the University would defray the cost of internal maintenance and repairs, fuel, light and water, stationery and printing, estimated for the future at £4,800, leaving a sum of £3,200 towards the cost of the salary of a Principal Officer, additional examining Clerical and other Officers, and incidental expenses.

The Treasury, therefore, until 1921, made a grant of £8,000 annually, and in addition they gave a special war grant towards loss of income due to the war.

The University Grants Committee, appointed to advise the Government as to the distribution of grants for University Education, raised this grant in 1921–22 to £16,000, and, in addition, granted £1,000 to the Galton Laboratory, and £2,000 to the Institute of Historical Research. In 1925 the Committee granted £18,000 to the University, to include provision for the Institute, provision for the Galton Laboratory being included in the increased grant to University College.

Gladstone Memorial Prize.

[S.M. 10, Oct. 1901; S.M. 420, Nov. 1902.]

Since the year 1901 the Trustees of the Gladstone Liberal Memorial Trust have granted annually a Prize of Books to the value of £10, as a memorial to the late Rt Hon. William Ewart Gladstone. The award is made on the results of the B.Sc. Examination in Economics.

Physiological Laboratory.

[S.M. 589/91, Dec. 1901; S.M. 1289/97, Jan. 1923.]

In the year 1901 Sir Walter Palmer gave to the University £2,000 for the purpose of supplying scientific apparatus for a Physiological Laboratory in the University and for lectures in advanced Physiology. In 1902 Mr G. W. Palmer gave £1,000 for the same purpose. In 1904 Mr A. Palmer gave £1,000 as a contribution to the expenses of the Laboratory for the period 1904–9. Other donations amounting to £200 were received for the purpose of the Laboratory. An annual grant of £500 for the three triennial periods 1911–20 was given by the London County Council. On the closure of the Physiological Laboratory from September 1st, 1923, repayment of the donations of £1,000 each given by Mr G. W. Palmer and Mr A. Palmer was offered to and accepted by the latter and by the executors of the former.

London County Council Grant.

[S.M. 950, Jan. 1902; S.M. 1209, Feb. 1902; S.M. 2554, May 1912; S.M. 17, Oct. 1926.]

In 1902 the London County Council gave an annual grant of £10,000 in aid of the teaching work of the University, which was known as the Technical Education Board Grant. The Council have at various times increased this, and for the triennium 1926–29 have granted an annual sum of £36,000 (in addition to maintenance grants totalling £21,833 to six Schools of the University). The grant provides for the maintenance of Professorships and Readerships in Economics, En gineering, Mathematics, Chemistry, Zoology, German, French, Russian, Italian, History, including the History of London, and Geography, at various Schools of the University. The remainder of the Grant is allocated to Household and Social Science at King's College for Women; Libraries; Advanced Lectures; University Extension Lectures and Tutorial Classes; the Evening School of English at King's College; the Evening Schools of History, Geography, and Phonetics, the Department of Applied Statistics, the Bartlett School of Architecture, Scandinavian Studies and the School of Librarianship at University College. The Council have also given capital grants, including (in 1926) £1,000 for libraries (in addition to an annual grant of £2,750) and £15,000 building grant to Bedford College.

Mitchell Studentship and Exhibitions.

[S.M. 1204, Feb. 1902.]

Since the year 1902 the Trustees of the Mitchell City of London Educational Foundation have provided funds for the purposes of the Mitchell Studentship. In the years 1902–19 the Trustees provided funds also for Mitchell Exhibitions.

King Edward Chair of Music.

[S.M. 1878, May 1902.]

In the year 1902 the members of Trinity College of Music, London, gave to the University a sum of £5,000 for the endowment of the King Edward Chair of Music.

Bostock and Reid Scholarships.

[S.M. 940, Feb. 1903.]

Since the year 1903 the Reid Trustees have provided funds for the award every fourth year of a Bostock Scholarship tenable at the London School of Medicine for Women, and annually until the year 1911 of a Reid Scholarship tenable at Bedford College for Women, awarded on the results of the Exhibitions Examination.

City Parochial Foundation Scholarship.

[S.M. 619, Jan. 1903.]

In the years 1903 to 1915, the Trustees of the City Parochial Foundation provided funds for a City Parochial Foundation Scholarship awarded annually on the results of the Exhibitions Examination.

George Smith Studentship.

[S.M. 795, Feb. 1903; S.M. 1019/26, March 1903.]

In the year 1903 Mrs George Murray Smith and her children gave to the University a sum of £3,800 for the purpose of founding in memory of her husband, the late Mr George Smith, a Studentship and Prize of books, open to Internal Students of the University, to encourage Historical and Biographical research. The income of the fund, amounting to about £130 per annum, is devoted to the emoluments of the George Smith Studentship and Prize, awarded annually on the results of the B.A. Honours Examination for Internal Students.

University Library.

(1) General Library.—In the year 1871 Lord Overstone presented to the University Augustus De Morgan's Library of mathematical and astronomical books "in the hope that it may prove the first fruits of a library which shall ere long become in all respects such as the University of London ought to possess." In the same year the classical library of George Grote was bequeathed to the University, and a donation was received from Sir Julian Goldsmid of £1,000 for the special purpose of purchasing Greek and Latin books. In 1879 the British Association presented their Library, which consists chiefly of long sets of Journals. In 1880 Lady Shaw-Lefevre presented the library, chiefly of Russian books, collected by Sir George John Shaw-Lefevre. In 1912 Mrs R. V. Eram presented a collection of Italian books, and in the same year the Lady Welby Library of works on philosophy, etc., was presented by Sir Charles Welby to the University, conditionally on its being kept together and housed in the Central Building of the University. On May 5th, 1921, His Royal Highness the Prince of Wales graciously decided to place on permanent loan in the University Library the contemporary manuscript life of the Black Prince which was presented to him by members of the University on the occasion of the conferment on him of the honorary degrees of Master of Commerce and Doctor of Science. In 1921 the Yale University Press presented to the Library a valuable collection of their publications "in recognition of the sacrifices made by England in the World War and to commemorate the part played in the struggle by the eight thousand Yale graduates in the service of the Allied Governments, 1914–1918." In the same year a collection consisting of 161 scientific publications issued in Austria since the outbreak of the War was given to the Library by the Vienna Akademie der Wissenschaften in the hope that closer international relations between men of science in various countries might thereby be promoted. In 1922 the University of California presented a collection of its semi-centennial and other publications. The Preedy Memorial was founded by Mrs Preedy in 1922 in memory of her son, Lieut. John Benjamin Knowlton Preedy, M.A. (see p. 35). The collection also includes a number of volumes from his own library presented by Mrs Preedy in 1924. In 1923 a physiological library of about 2,000 volumes was established as part of the University Library, to be kept together there, developed in connection therewith as a memorial to the late Dr A. D. Waller. Among other donations to the University Library in 1923 may be mentioned a collection of Parliamentary Publications between 1816 and 1900, comprising about 4,300 volumes, received from the Reform Club under certain conditions, and a collection of 72 volumes on Wycliffe, Hus, and the Wycliffite Movement, presented by Miss D. G. Matthew, a daughter of Dr Frederic David Matthew, the founder of the Wycliffe Society. In 1926 the library of the Rev. George Stewart Hitchcock, D.D., S.S.D. (about 1,500 vols.), consisting mostly of books on theology and philosophy, was presented in his memory by Mrs Hitchcock. The University Library has also received valuable donations from the Lords Commissioners of His Majesty's Treasury, the Secretary of State for India, the Trustees of the British Museum, the Smithsonian Institution and the Library of Congress at Washington, the French Minister of Public Instruction, the late Earl Granville, the late Right Hon. Robert Lowe (Viscount Sherbrooke), the late Prince d'Essling, the late Lord Avebury, the late Earl of Crawford, Lord Rosebery (the Chancellor), Professor M. S. Pembrey, Sir E. Cooper Perry, and Sir Holburt J. Waring, as well as gifts of books from the libraries of Sir Richard Quain and Dr James Martineau. In addition, a large collection of valuable books and important sets of periodical publications have been taken over from the London Institution Library and the Educational Library formerly at South Kensington.

(2) Goldsmiths' Library of Economic Literature.—In the year 1903 the Worshipful Company of Goldsmiths presented to the University Professor Foxwell's library of Economic Literature which they had purchased for £10,000. The Company have since provided sums amounting to over £7,400 for the purposes of the Library. Valuable gifts of books have been received from Dr Cunningham, Mr Henry Higgs, Mr and Mrs Sidney Webb, the late Mme J. B. André Godin, Sir Walter Prideaux, and Lord Aldenham.

The following are the conditions upon which the Goldsmiths' Library of Economic Literature was presented by the Worshipful Company of Goldsmiths to the University of London :—

(1) The Library and pamphlets to be always kept together at the University in one room to be appropriated for that purpose. The term "University" is defined to mean "the Central Building of the University." (2) The Library to be styled "The Goldsmiths' Company's Library of Economic Literature." (3) A plate bearing an inscription to record the circumstances under which the Library was acquired by the Company and presented by them to the University, to be placed and always retained in a conspicuous part of the room. (4) The books to be accessible to the public under proper regulations, but certain days may be reserved for the exclusive admission of students and persons nominated by the Goldsmiths' Company. (5) The room which is devoted to the Library to contain the necessary conveniences for those who desire to consult works or to study. (6) The removal of any book or pamphlet from the Library to be strictly prohibited (except under certain conditions and safeguards approved by the Goldsmiths' Company). (7) The Library to be at all times kept insured by the University in the full value thereof. (8) No variation of the terms and conditions of this agreement to be made or permitted by the University of London without the consent of the Goldsmiths' Company.

(3) Music Library.—Valuable donations of music scores and books on music were made in 1925 by the Royal College of Music and Mrs L. H. Bennett, and in the same year the Rev G. F. Handel Elvey placed on permanent loan in the University Library the collection of music formed by his father, the late Sir George Elvey. In 1926 the Æolian Company presented a Steck "Pianola" Piano, and a collection of about 400 pianola rolls.

Goldsmiths' College.

[S.M. 494, Dec. 1904.]

The Goldsmiths' Company in 1905, by the following instrument, presented to the University their Institute at New Cross, together with 4½ acres of unoccupied land, valued at £100,000 :—

This INDENTURE made the eighteenth day of January One thousand nine hundred and five BETWEEN THE WARDENS and COMMONALTY of the MYSTERY of GOLDSMITHS of the CITY of LONDON (hereinafter called the Goldsmiths Company) of the one part and THE UNIVERSITY of LONDON (hereinafter called the University) of the other part WITNESSETH that the Goldsmiths Company as Settlors do hereby freely and voluntarily and without any valuable consideration grant and confirm unto the University and their successors ALL THAT piece or parcel of land situate at New Cross in the Parish of St Paul Deptford in the Counties of Surrey and Kent or one of them containing Six Acres two roods and thirteen perches or thereabouts … TOGETHER with the buildings and erections standing on the said land or parts thereof and known as the Goldsmiths Institute and also the several fixtures and fittings now in upon or about the said several hereditaments TO HOLD the premises hereinbefore expressed to be hereby granted UNTO and to the use of the University and their successors for ever PROVIDED ALWAYS AND IT IS HEREBY AGREED AND DECLARED that the premises shall be held by the University for such Charitable uses as the University shall with the consent of the Goldsmiths Company from time to time or at any time by Deed appoint and subject to such appointment and so far as any such appointment shall not extend then for the extension and diffusion of knowledge in connection with and under the control of the University.

The Company further gave a sum of £10,000 in the Session 1904–5 and £5,000 in each of the following four years to 1912 for the maintenance of the Institute, which after its transfer to the University was named Goldsmiths' College. In addition to these grants, the Company have given £1,558 towards sanitary improvements in the buildings and £8,000 towards new buildings, and (in 1912) provided two hostels for Students attending the Training College Department. In 1916 the Company made a grant of £250 towards a deficit in the Kitchen Account.

Martin White Sociology Fund.

[S.M. 2664/80, June 1907; S.M. 160/4, Oct. 1911.]

Mr J. Martin White, during 1904–5, 1905–6 and 1906–7, gave sums amounting to over £2,250 for the temporary endowment of Teacherships in Sociology, including Ethnology, to be expended during the Sessions 1904-5, 1905-6 and 1907.

By Indenture dated September 21st, 1907, Mr Martin White gave the sum of £10,000 for the foundation of a permanent Chair in Sociology on the terms set out in the following extract from the indenture :—

WHEREAS the said JAMES MARTIN WHITE has paid the sum of THREE THOUSAND POUNDS and intends to pay or provide for the payment of other sums hereinafter mentioned to the University to the intent that the same shall be dedicated in perpetuity for the promotion and encouragement of Sociological Studies at the University as set forth in the Scheme generally approved by the Senate on July the fifth One thousand nine hundred and five and of such further Sociological Studies including the study of Animal Societies in their bearing on Human Societies as may be approved from time to time by the Senate NOW THIS INDENTURE WITNESSETH AND IT IS HEREBY AGREED AND DECLARED as follows—

(1) THE said JAMES MARTIN WHITE hereby COVENANTS with the University that his executors or administrators shall within six calendar months after his death pay to the University the sum of SEVEN THOUSAND POUNDS with interest thereon at the rate of Four per centum per annum from the day of his death PROVIDED ALWAYS that the said JAMES MARTIN WHITE shall if he survives pay the said sum of Seven thousand pounds to the University within seven years of the date of this deed.

(2) THE University shall hold the said sum of THREE THOUSAND POUNDS and also the said sum of SEVEN THOUSAND POUNDS as and when the same shall be received upon the trusts and with and subject to the powers and provisions hereinafter appearing.

(3) THE University shall subject to the sanction and approval of the said JAMES MARTIN WHITE at its discretion invest the said sum of THREE THOUSAND POUNDS and also the said sum of SEVEN THOUSAND POUNDS as and when the same shall be received in the name of the University in or upon such stocks shares or securities including American and Canadian securities as the said JAMES MARTIN WHITE or the University after his death shall think fit and shall under and according to the like direction or may at the like discretion at any time and from time to time vary any of such investments.

(5) THE income of the Trust Fund shall be applied in establishing and maintaining a Professorship of Sociology to be called the MARTIN WHITE PROFESSORSHIP in the University of the annual value of FOUR HUNDRED POUNDS or such less sum as the investments under the Trust Fund shall produce PROVIDED that if such investments shall produce a sum of less than FOUR HUNDRED POUNDS per annum during the tenure of the first occupant of the Chair the said JAMES MARTIN WHITE or his executors or his administrators so long as any change of investment made after the death of the said JAMES MARTIN WHITE be so made with the consent of his executors or administrators shall pay to the University the difference between the income from these investments and Four hundred pounds such difference to be paid to the occupant of the Chair.

(6) EVERY appointment to the Professorship shall be made in such manner and the office shall be held and enjoyed for such period and upon and subject to such terms and conditions as shall from time to time be prescribed by regulations to be made by the Senate of the University and the Senate may at any time revoke or alter any regulations made under this Clause and make any new regulations in place thereof Provided that the Professor shall not be required to give instruction during more than two terms in each session and provided always that during the lifetime of the said JAMES MARTIN WHITE no regulations shall be made under this Clause nor any revocation or alteration thereof shall be valid or effectual unless a copy of the said regulations or any revocation or alteration thereof as the case may be shall have been previously submitted to and approved by the said JAMES MARTIN WHITE.

(7) THE University may at any time and from time to time spend for the advancement of Sociology or for the general purposes of the Chair the whole or any part of the surplus income (if any) produced by the Trust Fund in any year not required to pay the salary of the Professor so long as that salary is not less than FOUR HUNDRED POUNDS per annum.

(8) THE said JAMES MARTIN WHITE will in each year during his life if and so long as the said sum of SEVEN THOUSAND POUNDS hereinbefore covenanted to be paid by him or any part thereof shall remain unpaid pay to the University such a sum as with the amount of the income of the Trust Fund for that year shall make up the sum of Four hundred pounds and such yearly sum shall be applied and dealt with by the University in the same manner in all respects as if the same formed part of the income of the Trust Fund for the year in respect of which such sum is paid.

Mr Martin White endowed a second Chair of Sociology, in the first instance for a period of five years, and subsequently on the conditions set out in the following undertaking dated 29th July, 1911 :—

IN CONSIDERATION of the University of London establishing a second Chair of Sociology to be called and known as the Martin White Chair of Sociology in the University of London I JAMES MARTIN WHITE of 1 Cumberland Place Regents Park in the County of London Esquire hereby for myself my executors and administrators undertake and agree that subject to the following proviso I will contribute the sum of £200 a year to the funds of the University of London for the salary of Dr Edward Westermarck Professor of Sociology in the said University until the twenty-ninth day of July 1930 Provided nevertheless that my liability under this undertaking shall immediately cease on the happening of any of the following events—

(1) If Professor Westermarck shall cease to hold his present Chair of Sociology in the said University.

(2) If while Professor Westermarck holds the said Chair he shall from any cause whatever become in the opinion of the Senate permanently incapacitated from performing his professional duties.

(3) If Professor Westermarck is appointed to the Martin White Chair now held by Professor Hobhouse.

(4) If I or my Executors or Administrators shall at any time either pay to the University for the purpose of providing a salary for Professor Westermarck a sum of money which would suffice at the date of such payment to purchase from the Commissioners for the Reduction of the National Debt an annuity of £200 ceasing on the twenty-ninth day of July 1930 or on the earlier death of Professor Westermarck or shall purchase a similar annuity in the name of the University.

(5) Upon my death if by my Will I shall bequeath to the University a sum of money sufficient at my death to purchase such an annuity as last mentioned.

(6) If at any time the University substantially alter the present scheme of Sociological teaching without my approval.

Mr Martin White also provided for the Sessions 1907–8 to 1911–12 inclusive a sum of £120 a year for the stipend of a University Lecturer in Ethnology and has given further sums for Bursaries and Scholarships in Sociology.

Francis Galton Benefaction.

[S.M. 1897, March 1911.]

The late Sir Francis Galton, F.R.S., gave to the University £500 a year for the promotion of the Study of National Eugenics during the six sessions 1904–5 to 1911–12, and on his death in January 1911 left the residue of his estate, amounting to about £40,000, to the University for the purposes expressed in the following extract from a codicil (dated 1909) to his Will :—

I DEVISE AND BEQUEATH all the residue of my estate and effects both real and personal unto the University of London for the establishment and endowment of a Professorship at the said University to be known as "The Galton Professorship of Eugenics" with a laboratory or office and library attached thereto. And I DECLARE that the duty of the Professor who for the time being shall hold the said Professorship shall be to pursue the study and further the knowledge of National Eugenics that is of the agencies under social control that may improve or impair the racial faculties of future generations physically and mentally And for this purpose I DESIRE that the University shall out of the income of the above endowment provide the salaries of the Professor and of such Assistants as the Senate may think necessary and that the Professor shall do the following acts and things namely—

(1) Collect materials bearing on Eugenics.

(2) Discuss such materials and draw conclusions.

(3) Form a Central Office to provide information under appropriate restrictions to private individuals and to public authorities concerning the laws of inheritance in man and to urge the conclusions as to social conduct which follow from such laws.

(4) Extend the knowledge of Eugenics by all or any of the following means namely—

(a) Professional instruction.

(b) Occasional publications.

(c) Occasional public lectures.

(d) Experimental or observational work which may throw light on Eugenic problems.

He shall also submit from time to time reports of the work done to the Authorities of the said University.

And I ALSO DECLARE that the said University shall be at liberty to apply either the capital or income of the said moneys for any of the purposes aforesaid but it is my hope that the University will see fit to preserve the capital thereof wholly or almost wholly intact not encroaching materially upon it for cost of building fittings or library ALSO that the University will supply the laboratory or office at such place as its Senate shall from time to time determine but preferably in the first instance in the proximity to the Biometric Laboratory I state these hopes on the chance of their having a moral effect upon the future decisions of the Senate of the University but they are not intended to have any legally binding effect whatever upon the freedom of their action AND I HEREBY DECLARE that it shall be lawful for the Senate of the said University if they shall think fit so to do to postpone the election of the first or any subsequent Professor of Eugenics for a period of not exceeding four years from the date of my death and from the date of the occurrence of any vacancy in the office as the case may be AND I DESIRE that in the meantime and until the appointment of the first Professor the Senate shall out of and by means of the income of my residuary estate make such arrangements as may be necessary to ensure the continuance without interruption and the extension of the work in connection with Eugenics initiated by me and now carried on on my behalf at University College and that during any subsequent vacancy in the Professorship the Senate shall out of and by means of the said income make such arrangements as may be necessary to ensure the continuance without interruption of the work being carried on for the time being at the Eugenics Laboratory of the said University AND I HEREBY DECLARE IT TO BE my wish but I do not impose it as an obligation that on the appointment of the first Professor the post shall be offered to Professor Karl Pearson and on such conditions as will give him liberty to continue his Biometric Laboratory now established at University College.…

Chair of Protozoology.

[S.M. 101, Oct. 1905; S.M. 889, Jan. 1906; S.M. 1827/8, March 1911.]

In the year 1905 the Colonial Office granted to the University a sum of £750 a year for five years for the purpose of establishing a Chair of Protozoology. The Grant was renewed in 1911, for a further period of five years. Of this sum £200 a year was contributed by the Rhodes Trustees, £50 by the Colonial Office out of the Tropical Diseases Research Fund, and £500 represents the moiety of a grant originally made from the Tropical Diseases Research Fund to the Royal Society for research work, and surrendered by that Society for the purpose of the Chair of Protozoology in the University. The chair became vacant in 1915, by the death of Professor E. A. Minchin, F.R.S., and the grant from the Colonial Office has not been continued.

Chadwick Lectures.

[S.M. 2601; S.M. 2613, July 1907.]

In 1907 the Chadwick Trustees, who administer a fund bequeathed for certain purposes by the late Sir Edwin Chadwick, K.C.B., granted to the University a sum of £100 per annum for five years for the provision of courses of lectures on subjects relating to Sanitary Science, especially directed to recent advances in Hygiene and Municipal Engineering.

Creighton Fund.

[S.M. 1810, May 1907.]

In the year 1907 the Creighton Committee transferred to the University a sum of £666 (including a donation of £300 from Mrs Creighton) to be used as the nucleus for the permanent endowment of a Lectureship or Professorship of History in memory of the late Rt Rev. Mandell Creighton, Bishop of London. The fund, since its establishment, has accumulated, by additional donations and interests, to about £700. The present income of the fund, amounting to about £30 per annum, is devoted in part to the emoluments of the Creighton Lecturer, appointed annually by the Senate, the balance being used to augment the capital of the fund.

Ouseley Memorial Scholarships.

[S.M. 2813, June 1909; S.M. 3516, July 1910.]

To perpetuate the memory of the late Col J. W. J. Ouseley, his daughters, the Misses Ouseley, by indenture dated July 31st, 1891, gave to the Imperial Institute a sum of about £5,500 upon trust that it should be applied for the encouragement of the study of Arabic, Persian, Hindustani and other Oriental languages in this country.

The following is an extract from the above-mentioned indenture :—

IT IS HEREBY AGREED AND DECLARED that the Trustees and the Trustees or Trustee for the time being of the Imperial Institute (who shall always be the Trustees or Trustee of these presents) and their executors administrators and assigns shall hold the said sum of Five thousand pounds India Three per cent. Stock UPON TRUST to retain the same in its present state of investment or at the discretion of the said Trustees or Trustee to sell the same or any part thereof and to invest the proceeds and also the said sum of One hundred pounds or so much thereof as shall not be required for expenses or other current purposes in the names or name of the said Trustees or Trustee in any of the investments authorised by the Trust Investment Act 1889 with power at the discretion of the said Trustees or Trustee to vary all or any of the investments for others authorised by the said Act AND IT IS HEREBY AGREED AND DECLARED that the said Trustees or Trustee shall apply the annual produce of the said trust premises in providing Scholarships to be called the "Joseph Walker Jasper Ouseley Scholarships" for proficiency in the Arabic Persian Hindustani and other Oriental languages or in some or one of such languages in the following manner that is to say at the end of the first year from the execution of these presents One Scholarship of Fifty pounds at the end of the second year Two Scholarships of Fifty pounds each and at the end of the third year and thereafter annually Three Scholarships of Fifty pounds or in every case as near to the said sum of Fifty pounds as circumstances will permit and in payment of the expenses incurred from time to time in connection with the examinations for and award of the said Scholarships including such remuneration for the Examiner or Examiners as the said Trustees or Trustee shall think reasonable PROVIDED ALWAYS that the said Scholarships respectively shall be awarded for such period not exceeding three years from the date of the Award as the said Trustees or Trustee shall think fit and every Scholarship shall be given as the reward of merit and shall be freely and openly competed for unless for exceptional circumstances the Trustees or Trustee shall in any special case or cases otherwise direct and subject as hereinbefore declared the said Scholarships shall be awarded and held under such regulations and conditions as the said Trustees or Trustee shall think fit and in particular the said Trustees or Trustee may provide for such Scholarships or any of them being liable to forfeiture for any cause which the said Trustees or Trustee shall deem sufficient or being made conditional on the Scholar pursuing his or her education and maintaining a reasonable standard of proficiency to be ascertained as the said Trustees or Trustee may think fit and they or he shall have an absolute discretion in all matters relating to the said trust premises and they or he shall not be bound to award any such Scholarship if in their or his opinion or in the opinion of any Examiner or Examiners appointed by them or him no Candidate therefor shall have attained to an adequate standard of excellence and any Scholarship not awarded shall be added to the principal fund subject hereto or awarded at any future time as an additional Scholarship as the said Trustees or Trustee shall think fit AND IT IS HEREBY AGREED AND DECLARED that the said Trustees or Trustee shall accumulate such parts as shall not be required for the purposes aforesaid of the income of the said trust premises by investing the same and the resulting income in any manner hereinbefore authorised and may apply any surplus income derived from accumulations or otherwise in awarding occasionally from time to time any further Scholarships or exhibitions or prizes in money medals books or other marks of distinction for proficiency in the study translation of or literary work upon Oriental languages or literature and generally in the encouragement of the study of Oriental languages and literature in such manner as they or he may think consistent with the general intention expressed in these presents PROVIDED ALWAYS And it is hereby declared that it shall and may be lawful for the Trustees or Trustee for the time being of these presents at all times hereafter and from time to time to delegate to the Governing Body or Executive Council or to any Committee appointed by the Governing Body or by the Executive Council of the Imperial Institute all and every or any of the powers discretions trusts and duties hereinbefore contained or imposed in respect of the said trust funds and the annual produce and income for the time being thereof or any accumulations thereof and also all powers discretions and duties relating to the said Scholarships and to pay over the said annual produce and income to such Governing Body Executive Council or Committee for the purposes aforesaid without liability to see to the application thereof.…

By an order of the Court dated the 21st July, 1908, the endowment was transferred to the University, to be held by it upon the trusts of the Indenture,

but so that the Governing body for the time being of the said University shall from time to time be at liberty to make such regulations as they shall in their discretion think fit and proper with regard to the manner in which and the conditions upon which the Scholarships provided under the trusts of the said Indenture and in future to be designated the Ouseley Memorial Scholarships may be competed for awarded and held.

In exercise of the powers conferred upon them by the above-mentioned order of the Court, the Senate in July 1910, with the consent and approval of the donors, restricted the award of the Scholarships to persons of European origin.

Charles Graham Medical Research Fund.

[S.M. 2908, June 1910.]

On November 13th, 1909, Dr Charles Graham, sometime Professor of Chemical Technology at University College, died, and by his Will (an extract from which is given below) left the residue of his estate, amounting to about £38,628, to be increased by a sum of £3,000 3½ per cent. India Stock on the termination of the life of an annuitant, to the University for the purposes expressed therein:—

I BEQUEATH all the residue of such moneys to the Senate of the University of London to be invested by them in or upon such stocks or securities as they may deem expedient and it is my desire that the Fund so invested shall be called "The Charles Graham Medical Research Fund" and that the income thereof shall be received by the said Senate and applied by them in aid of any approved research by any Teacher or Student of the School of Advanced Medical Studies connected with the University College Hospital which shall have for its object the prevention cure or alleviation of human disease and suffering with power for the said Senate in case any such Teacher or Student shall have carried on any such research at his own expense and the result of such research shall be found by the said Senate to be of sufficient merit to make from time to time out of such income such grant or grants in aid of the expense so incurred as they shall think fit … and to award and grant to the person who shall have carried out such research a gold medal of appropriate value AND I HEREBY EMPOWER the said Senate from time to time in order to enable an able young man to continue his pathological researches and at the same time to secure his services to the said School of Advanced Medical Studies as a Teacher under the direction of the Professor of Pathology to grant to such person out of the income of the said fund on the recommendation of the School Committee of the said School a remuneration not exceeding £200 per annum for two years And I would suggest that the said Senate should confer on such person the title of "Graham Scholar in Pathology" analogous to the existing "Sharpey Scholar in Physiology" at University College PROVIDED ALWAYS that if in any year the said Senate shall not see fit to make any such grant or award as aforesaid out of the income of the said fund or shall only have granted a portion of such income the said Senate shall accumulate such income or such remaining portion of the income as the case may be with power to resort to such accumulations from time to time for the purpose of making such grants or awards as aforesaid in any subsequent year or years as occasion may require or if they shall think fit to apply such accumulations or any part thereof for any purpose which may in their opinion benefit medical science PROVIDED ALWAYS that the said Senate shall not break in upon or reduce the capital of the said fund AND I DESIRE that the said Senate shall after due consultation with the School Committee of the said School of Advanced Medical Studies draw up and from time to time as occasion may require revise and amend such regulations as they may think best fitted to carry out the objects hereinbefore mentioned in relation to the said fund AND I EMPOWER the said Senate after due consultation with the School Committee of the said School of Advanced Medical Studies to vary the trusts hereinbefore declared concerning the said fund in such manner as they may think desirable for better carrying out the purpose of aiding research in the School of Advanced Medical Studies of University College Hospital and which shall have for its object the prevention cure or alleviation of human disease and suffering. …

The Senate have established a Scholarship entitled the Graham Scholarship in Pathology, and, in pursuance of their powers under the Will, varied the trusts of the Will by deed poll dated January 26th, 1912 in the manner following:—

AND WHEREAS in accordance with such trusts it is the intention of the said Senate out of the income of the said fund to make grants to teachers and students of the School of Advanced Medical Studies connected with the University College Hospital in aid of certain approved researches conducted by such teachers and students AND WHEREAS it is considered necessary by the said Senate to appoint a Director of Research for the purpose of supervising controlling and directing under the direction of the said Senate or a committee of the said Senate appointed therefor such researches in the laboratories and of advising such teachers and students with regard to the conduct of such researches but it is apprehended that no part of the income of the said fund is by the provisions of the said Will applicable to the payment of the salary of such Director AND WHEREAS by the said Will the Senate are empowered after due consultation with the School Committee of the said School of Advanced Medical Studies connected with University College Hospital and have determined to vary the trusts declared therein concerning the said fund in the manner hereinafter mentioned NOW THESE PRESENTS WITNESS that in accordance with the powers conferred upon them by the above recited Will and in exercise of the same the Senate of the University of London do hereby vary the trusts therein declared concerning the said fund in manner following that is to say they DO HEREBY DECLARE that such part of the income of the said fund as they shall from time to time determine may be applied by them in payment of the salary of a Director of Research in the School of Advanced Medical Studies connected with University College Hospital. …

The Trust was again varied in June 1920 to increase the remuneration of the scholar to not more than £400, and again in January 1924 to allow of an alteration in the administration of the fund.

Dixon Fund.

[S.M. 3270, July 1910; S.M. 44, Oct. 1910.]

Mr Henry Dixon, by his will dated March 17th, 1909, left to the University £10,000 of 3 per cent. India Stock,

Upon Trust to invest the same with power from time to time to vary such investment and to apply the income for the purposes of scientific investigation in any matter the authority of the University shall think fit. . . .

The income from the Bequest amounts to about £325.

The Churton Collins Prize.

[S.M. 1829, Feb. 1910.]

In February 1910 the Committee, which had been formed for the purpose of founding a memorial to the late Professor Churton Collins, gave to the University a sum of £100, to be invested, and the income applied in founding and maintaining a prize or scholarship to be given annually or otherwise to University Extension students or others for proficiency in English Literature and (or) Ancient Classical Literature, each and all such prizes and scholarships to be called and known always as the Churton Collins Prize or Scholarship.

The Churton Collins Prize is awarded annually in connexion with the final examination for the Diploma in Literature, on the recommendation of the University Extension Board, and consists of books to the value of about £4.

The Semon Lecture Trust.

[S.M. 2320, May 1911.]

Sir Felix Semon, K.C.V.O., by indenture dated May 22nd, 1911, gave to the University the sum of £1,040, for the establishment of a Lectureship or Medal for Laryngology. The following is an extract from the indenture above referred to :—

WHEREAS upon the retirement from practice of Sir Felix Semon a sum of £1,040 was collected by the subscriptions of the British Laryngologists and of a number of Medical and other friends of Sir Felix Semon both in the United Kingdom and elsewhere and presented to him as a testimonial and in recognition of his services to the Science and Practice of Laryngology and allied subjects which sum is now represented by the investments mentioned in the schedule hereto and a sum of £172 10s. cash AND WHEREAS Sir Felix Semon has with the ap proval of the Executive Committee of the fund so collected determined that the same shall be devoted to the purposes herinafter described and the said investments have accordingly with such approval been made and are now standing in the name of the University and the said sum of £172 10s. cash has been paid to the University in order that the said investments and cash and the income thereof may be held and applied by the University upon the trusts and for the purposes hereinafter described Now THESE PRESENTS WITNESS AND IT IS HEREBY AGREED AND DECLARED AS FOLLOWS—

(1) The trust hereby created shall be called and known as "The Semon Lecture Trust" and is founded in honour and to the perpetual memory of the said Sir Felix Semon.

(2) The University shall out of the said sum of cash pay the expenses of designing and obtaining a model for the casting of the medal hereinafter mentioned and the expenses of these presents and any other expenses incurred in constituting the trust.

(3) The balance of the said sum of cash the said investments and all further moneys which shall at any time be given or bequeathed by any person for the purposes of the trust shall be held by the University as a permanent capital fund which moneys and investments and the property for the time being representing the same are hereinafter referred to as the Fund and shall be held upon the trusts hereinafter declared.

(4) All moneys held upon the trust of these presents shall be invested by the University in its name in some one or more of the investments which are or from time to time shall be authorised by law for the investment of trust funds with power to vary the same investments for others so authorised Provided that the University may retain all property transferred to them upon the trusts of these presents either permanently or for such period as they shall think fit notwithstanding that such property may be of a nature not authorised as an investment under these presents but the University shall have power from time to time to convert such property and invest the proceeds in investments hereby authorised for investment.

(5) The annual income of the fund shall be applied by the University in defraying the cost of providing a commemorative bronze medal for and in payment of an honorarium or salary to a Lecturer to be called "The Semon Lecturer in Laryngology."

(6) The Semon Lecturer in Laryngology shall be appointed by a Board (hereinafter called "the Board") constituted as follows—

(a) The Principal for the time being of the University of London

(b) The said Sir Felix Semon during his lifetime

(c) The President for the time being of the Laryngological Section of the Royal Society of Medicine and one of the Past Presidents of that section to be annually nominated by the Council of the Section

(d) Two other persons to be annually nominated by the Senate of the University after Report from the Board of Advanced Medical Studies.

(7) In the first instance and unless and until it is otherwise provided by the regulations hereinafter referred to appointments to the Lectureship hereby established shall be made annually and shall continue for one year only.

(8) The Lecturer shall be appointed from amongst those persons who in the opinion of the Board at the time of such appointment have advanced within recent years the Science and Practice of Laryngology or Rhinology particularly in relation to general Medical Science either by original research or clinical work or anatomical pathological or bacteriological work or by work relating to the history of Laryngology or Rhinology The trust is principally intended to encourage such work amongst British Laryngologists and Rhinologists but Foreign Laryngologists and Rhinologists and workers in Medical Science whether British or Foreign who do not restrict their practice to Laryngology and Rhinology shall be eligible.

(9) If in any year or years the Board shall in their discretion determine to make no appointment to the Lectureship either by reason of the absence of any suitable person or for any reason which to the Board shall appear adequate they shall not be bound to make such appointment and in that case the income of the fund shall be invested and accumulated by the University with power to the University to resort to such accumulations and (after inviting a report from the Board) to apply them as income in any succeeding year or years.

(10) The Principal for the time being of the University shall be the Chairman of the Board and in his absence some person to be elected from the members of the Board by the majority of the members thereof present at the meeting.

(11) The Board shall hold not less than one meeting in each year which meeting shall be held at the Central Offices of the University of London or at such other place as may from time to time be appointed by the University A special meeting may at any time be summoned by the Chairman of his own motion and shall be summoned by the Chairman on the requisition in writing of any two members of the Board Three members of the Board shall form a quorum and every matter shall be determined by the majority of the Board present and voting In case of equality of votes the Chairman shall have a second or casting vote.

(12) The Semon Lecturer in Laryngology shall deliver as Lecturer one or more Lectures at the University on some subject or subjects connected with Laryngology or Rhinology The terms Laryngology and Rhinology shall include not only such branches of Medical Science as are usually indicated by those terms viz. those dealing with the Pharynx Larynx Trachea Nose and its accessory cavities and Naso-pharynx but also such branches as are concerned with the regions of the Bronchi and Œsophagus.

(13) The University shall have power from time to time (but only after inviting a report from the Board) to make vary and repeal such regulations for the guidance of the Board and for giving effect to the purposes of this trust and especially (but without prejudice to the generality of the preceding words) with regard to the period for and the terms and conditions under which the Lectureship shall be held as shall not be inconsistent with the purposes of these presents and the Board shall be bound to observe all such regulations and shall from time to time as directed by the University report its proceedings to the University.

(14) The University shall keep proper books of account relating to the fund and all accounts shall in each year be made out and certified by the Auditor of the University and be communicated to the Board.

(15) Any question as to the construction of these presents or as to the regularity or validity of any acts done or about to be done under them shall be determined conclusively by the Senate of the University upon such application made to them for the purpose as they shall deem sufficient.

The schedule above referred to: £791 19s. 1d. Port of London 3½ per cent. Inscribed Stock purchased at £867 10s.

The income from the fund is now about £45.

Robert Davies Roberts Memorial Scholarships.

[S.M. 3867/72, July 1913; S.M. 375, Oct. 1913.]

Two Scholarships have been established to commemorate the services rendered by Dr R. D. Roberts (formerly Registrar of the University Extension Board) to University Extension during twenty-five years until the time of his death in 1911. The Scholarships are derived from a sum entrusted to the Gilchrist Trustees by the Committee of the R. D. Roberts Memorial Fund, and the Trustees will, for the present, offer two Scholarships annually, one in connexion with the scheme of the University for Diplomas in the Humanities, and one in connexion with University Extension Summer Meetings.

The former, which is of the value of £12, is awarded annually by the Trustees on the recommendation of the Senate to a student who has been working for two years under the Diploma scheme, and is given for the following subjects in rotation: History, Literature, Economics and Social Science, and History of Art.

Paul Philip Reitlinger Prize.

[S.M. 1850, May 1917; S.M. 216, Jan. 1921.]

In the year 1912 Mr Albert Reitlinger provided funds for the foundation of a Prize entitled the Paul Philip Reitlinger Prize in memory of his son, a student of Middlesex Hospital Medical School in the University, who died on December 3rd, 1911. The Prize is of the value of £30 and is awarded for the best Essay (in the even-numbered years) embodying the result of some research work on a medical subject, or (in the odd-numbered years) on a literary, historical or philosophical subject of contemporary interest to be prescribed by the University. The Trust Deed is as follows :—

WHEREAS Mr Albert Reitlinger (hereinafter called the donor) on 3 May 1912 gave to the University of London £1,400 of 3 per cent. India Stock, together with an additional sum of £20 for the purpose of founding a Prize as a memorial of the donor's son Paul Philip Reitlinger and laid down the following conditions in respect of this donation:

(i) That the capital sum (apart from the sum of £20 above referred to) be kept intact for the permanent endowment of a Prize in general accordance with the Regulations set forth in the Schedule annexed to this Scheme.

(ii) That the interest of the Fund be used for the emoluments of the Prize and also within the discretion of the University for purposes in connection therewith such as payment of Examiners, advertisement, publication of essays, administration, etc.

(iii) That the Fund always be used for the purposes of the abovementioned Prize, and that the Fund be not re-invested in the whole or part in any other security without the approval of the Public Trustee for the time being—

And the donor further expressed the wish that the Prize should always be worth £30 at least to the winner unless by reason of the equal merit of candidates it were decided to divide the emoluments of the Prize in any year: and WHEREAS the aforesaid donation was accepted by the Senate of the University of London under the conditions set forth above: WHEREAS further the conditions hereinbefore referred to do not provide for the disposal of the interest of the Fund in any year in which the Prize has not been awarded: THE FOLLOWING TRUST PROVISIONS settled and proposed by the donor have been accepted by the University of London and the Seal of the University has been affixed thereto:

(1) The sum of £1,400 of 3 per cent. India Stock (hereinafter called the Fund) given by the donor to the University of London shall be applied for the endowment of a Prize to be called the Paul Philip Reitlinger Prize and for the other purposes set forth in these TRUST PROVISIONS.

(2) The Fund shall not be re-invested in whole or part in any other security without the approval of the Public Trustee for the time being.

(3) The income of the Fund shall be applied as follows:

(i) For the annual award of a Prize of the value of not less than £30 on 3 December in each year (or, if 3 December falls on a Sunday on the following day, viz., 4 December), provided that in cases where there are two candidates of equal merit the Prize shall be divided between such candidates.

(ii) For the payment to the University for the purposes of administration of an amount not greater than 5 per cent. of the total income in each year.

(iii) For the payment of Examiners and advertisements in connection with the Prize and for the publication of essays for which the Prize has been awarded as the University may see fit.

(iv) For the payment on 3 Dec. (or, if 3 Dec. falls on a Sunday on the following day, viz., 4 Dec.) in any year in which by reason of there being no candidate or no candidate of sufficient merit of the sum of £30 to Middlesex Hospital Medical School, such gift to be called "Gift in memory of Paul Philip Reitlinger from the Paul Philip Reitlinger Fund of the University of London."

(v) For the payment of the cost of the present Trust Deed.

(vi) For the payment to Middlesex Hospital Medical School of any accumulation of the Fund not applied to the purposes set forth above as and when such accumulation shall amount to the sum of £25.

Ratan Tata Fund.

[S.M. 3736, May 1912; S.M. 2853/8, July 1917; S.M. 2915/9, July 1917; S.M. 1562/4, Jan. 1922.]

In the year 1912 the late Sir Ratan Tata, of Bombay, offered to provide a sum of £1,400 a year for a period of three years, to promote the study and further the knowledge of the principles and methods of preventing and relieving destitution and poverty, and a fund has been established for the purpose, entitled the "Ratan Tata Fund." In 1917 Sir Ratan Tata promised a further sum of £1,400 a year for the five years 1917–22, the benefaction being vested in the University on behalf of the Ratan Tata Department of Social Science and Administration in the London School of Economics and Political Science. The Ratan Tata Trustees have continued the grant for a further period of five years, and it is now administered solely by the London School of Economics.

Franks Studentship in Archæology.

[S.M. 550/5, Nov. 1912.]

In 1912 the Franks Studentship in Archæology was founded by the Society of Antiquaries of London in memory of Sir A. Wollaston Franks, K.C.B., sometime President of the Society of Antiquaries, in order to promote in the University of London the study of the Archæology of the British Isles in its comparative aspects. The Studentship is awarded triennially.

Avebury Bequest.

[S.M. 60, Oct. 1913.]

The late Lord Avebury, Vice-Chancellor from 1872 to 1890, and Member of Parliament for the University from 1880 to 1900, who died on May 28th, 1913, bequeathed to the University a legacy as follows :—

I give to the Senate of the University of London a legacy of one thousand pounds, the receipt of the Treasurer or other qualified officer for the time being to be a sufficient discharge to my executors, and I suggest that the said legacy or some part thereof be applied in founding a mathematical or astronomical prize in memory of my father the late Sir John William Lubbock, the first Vice-Chancellor of the said University.

Of the income of the Bequest, which is now about £40, £30 is appropriated to provide the emoluments of the Sir John William Lubbock Memorial Prize in Mathematics, and the balance is being accumulated for a Prize in Astronomy.

Keddey Fletcher-Warr Studentships.

[S.M. 1512, Jan. 1914; S.M. 4353, July 1914.]

In the year 1914 Mrs Keddey Ray Fletcher transferred to the University about 33 acres of land at Loughton for the purpose of establishing one or more Post-Graduate Research Studentships in Science to be named the "Keddey Fletcher-Warr Studentships." The property was sold, and the income from the fund is now about £400. The Trust Deed is as follows :—

THIS INDENTURE made the twenty-fourth day of September One Thousand Nine Hundred and Fourteen Between Frances Du Puy Fletcher of the Manor House Abbots Ann in the County of Hants Widow (hereinafter called "the Foundress") of the one part and The University of London (hereinafter called "the University") of the other part Whereas the Foundress is desirous of establishing in connection with the University one or more Post Graduate Research Studentships to be named the Keddey Fletcher-Warr Studentships and Whereas in pursuance of her said desire by an Indenture bearing even date with but executed before these presents and made between Henry Owen the Foundress and Newson Littlewood Garrat of the first part the Foundress of the second part and the University of the third part the Foundress has conveyed or caused to be conveyed to the University for an estate of fee simple in possession a freehold messuage and hereditaments known as "Goldings" situate at Golding's Hill Loughton in the County of Essex and containing 32¾ acres or thereabouts to the intent that the same or the proceeds of sale thereof (if and when sold) and the investments for the time being representing such proceeds may be held by the University Upon the trusts and subject to the powers and provisions hereinafter declared and contained concerning the same now this Indenture Witnesseth that it is hereby Agreed and Declared as follows:

1. The University may either retain the said freehold messuage and premises unsold or may sell the same or any part or parts thereof as the University in their absolute discretion may think fit: and until the said messuage and premises shall be sold the University may manage the same with all the powers in that behalf of absolute owners including power to cut timber and underwood for sale repairs or otherwise and to repair and insure houses and buildings and to make allowances to and arrangements with tenants and others and to accept surrenders of leases and tenancies.

2. The University may demise the said messuage and premises or any part or parts thereof for any term of years not exceeding 21 years to take effect in possession or within six calendar months from the date of the lease with or without taking a fine or premium and upon such terms and conditions in all respects as they shall think fit but so that any sum received as a fine or premium shall be applied as if the same were proceeds of a sale made under the power in that behalf hereinbefore contained and so that in case any lease shall be granted on the surrender or determination of a then existing or prior lease or tenancy the value of the interest so surrendered or the tenant right or claim for compensation for improvements or otherwise in respect of such tenancy may be taken into account in fixing the rent and terms of the new lease.

3. The University shall stand seised and possessed of the said messuage and premises and the proceeds of sale thereof and the investments for the time being representing the same (all of which are hereinafter included in the expression "the Trust Estate") Upon trust to apply (subject as mentioned in the next succeeding clause hereof) the income thereof in perpetuity in manner hereinafter mentioned for the establishment and maintenance of one or more studentships to be called the Keddey Fletcher-Warr Studentships for the promotion of Postgraduate Research in connection with the University.

4. The University shall out of the income of the Trust Estate in the first place pay all costs and expenses of or incidental to the negotiation preparation and execution of the said Indenture of even date herewith and of these presents and shall also from time to time pay thereout the cost of repairs and insurance and all other usual outgoings of the Trust Estate and all costs charges and expenses of or incidental to the management of the Trust Estate or the administration of the trusts of these presents or the exercise of any power herein contained.

5. Subject to the last preceding clause the said income shall be applied in establishing and maintaining one or more Studentships of the annual value of not less than £200 each or such other annual value as the Senate of the University shall from time to time determine for the purpose of promoting Postgraduate Research: such Studentships to be named the Keddey Fletcher-Warr Studentships and to be awarded in the manner and held upon the conditions hereinafter mentioned that is to say:

(a) Each such Studentship shall be open equally to men and women of European descent who are graduates of some British University or have passed the examinations necessary to qualify them for the degree of some British University but other things being equal preference shall be given to a graduate of the University.

(b) The Students shall be selected by a Board (hereinafter referred to as "the Board") consisting of the Principal for the time being of the University who shall be Chairman (ex officio) of the Board and in addition of three men and three women the whole of the Board to be from time to time appointed for this purpose by the Senate of the University and one at least of the men so appointed shall be a Fellow of the Royal Society.

(c) Each Studentship shall if the circumstances permit be tenable for a period of three years (unless determined by the Board under the power in that behalf hereinafter contained) but any Student may be re-elected for such further period or periods as the Board may from time to time in their absolute discretion think fit.

The Foundress shall have the right to nominate the First Student subject to the approval of the Board.

(d) Each such Studentship shall be awarded to the candidate of most merit whether in respect of attainments or promise (of which the Board shall be the judge) but in case of equality of merit preference may be given to a Student of small or no private means.

(e) Each Student shall be required to devote himself or herself to research either in the British Isles or elsewhere in a place approved by the Board. The subject or subjects of such research shall be such as are within the scope of the Faculty of Science of the University or of any other University which may from time to time be approved for this purpose by the Board.

(f) The University shall by their Senate make regulations from time to time for the due administration of the Trusts of these presents and may in like manner and for the conduct of the business of the Board at any time revoke or alter any regulations under this Clause or make new regulations in place thereof, but all such regulations shall so far as possible be in accordance with the principles hereby laid down.

(g) Every matter or thing hereby required to be determined or done by the Board may be determined or done by a majority of the members of the Board present at any meeting thereof and voting on the question. There shall be a quorum of the Board when not less than three members thereof are present at a meeting. In case of equality of votes the Chairman shall have a second or casting vote.

(h) Any person disputing the decision of the University or the Board upon any question arising under this deed may at the discretion of the Senate be disqualified from any benefits thereunder.

6. The University may at any time and from time to time set apart as a reserve fund the whole or any part of any surplus income produced by the Trust Estate in any year over and above what is required to meet any outgoings costs and expenses payable under the provision in that behalf hereinbefore contained and to keep down the current payments on the Studentships and may invest any sums so set apart and also (if and when so thought fit) the resulting income thereof in the name of the University with power at any time to vary any of such investments.

7. The University may at any time sell any investment representing capital or income of the Reserve Fund and may apply the proceeds of such sale and may also at any time apply any other moneys forming part of the capital or income of the Reserve Fund as though the same were income produced by the Trust Estate during the then current year.

Loch Exhibitions.

[S.M. 1586, Jan. 1915.]

In the year 1915 an anonymous donation of £1,250 was made to the University, the interest from which is to be devoted to Exhibitions known as Loch Exhibitions to enable a student to pursue the Certificate course in the Department of Social Science and Administration at the London School of Economics. The two Loch Exhibitions (value £24 each), are so named at the wish of the donor in recognition of the services rendered by Sir Charles S. Loch to sociological study and the understanding of social problems.

Zaharoff Chair of Aviation.

[S.M. 2318/20, March 1923.]

In 1917 Sir Basil Zaharoff, G.B.E., placed the sum of £25,000 at the disposal of the Government for the purpose of founding a Chair of Aviation. The Government transferred this sum to the University, which established in the first instance at the Imperial College a Chair of Aviation bearing his name.

William Henry Hudson Memorial Prize.

[S.M. 3590, May 1921.]

A Prize in memory of the late Mr William Henry Hudson, Lecturer in Literature to the University Extension Board, 1900–18, has been founded by means of a fund placed at the disposal of the University for this purpose by a Committee representative of the chief Centres at which Mr Hudson worked. This Prize is awarded annually for advanced work in connexion with the lectures in literature given under the auspices of the Board, and consists of books to the value of £6.

The Stern Scholarship.

[S.M. 19, Oct. 1917; S.M. 1811, March 1918.]

In the year 1917 Sir Edward Stern offered £2,000 to found a Scholarship for undergraduates of British Nationality who have passed the Intermediate Examination in Commerce and are working for the B.Com. Degree. This offer was accepted by the University in 1918.

Commerce Degrees.

[S.M. 19, Oct. 1917; S.M. 1577, Jan. 1920; S.M. 4540, July 1920; S.M. 2725, March 1921; S.M. 4870, July 1921; S.M. 2376, March 1922; S.M. 1258, Dec. 1924; S.M. 4134, July 1924.]

A sum of over £140,000 was given by subscribers in the City and elsewhere in 1918 and subsequently for the promotion of the Scheme for Degrees in Commerce. This Fund has been allocated by the General Committee for Degrees in Commerce, who gave £75,000 to the University for the provision of buildings and equipment at the London School of Economics. In 1920 the General Committee again gave a sum of £50,000 for the purpose of founding the Commerce Degree Bureau, and in 1924 a further sum of £7,500 was handed to the School of Economics subject to certain conditions. In 1917 Sir Edward Stern offered £2,000 for the founding of a Scholarship (see p. 31). In July 1921 the Daily Mail gave £1,000 for four Scholarships, each of the value of £250, and in the years 1922–24 the Worshipful Company of Cutlers offered five Scholarships of the value of £90 a year (see p. 35).

The William Julius Mickle Fellowship Bequest.

[S.M. 1503/5, Feb. 1919.]

In the year 1919, Dr William Julius Mickle, F.R.C.P., resident in Canada since 1915, formerly a member of the Faculty of Medicine and a Recognised Teacher in Mental Diseases at University College and Middlesex Hospital Medical School, bequeathed £5,133 (or about the equivalent of 25,000 dollars of money of Canada) to establish a Fellowship in honour and named after my great grandfather, William Julius Mickle, the poet: such Fellowship to be named in perpetuity "The William Julius Mickle Fellowship"; the net income of the said principal sum of money, and of it if and when increased as hereinafter provided, to be awarded annually, with the exceptions mentioned hereinafter, to the person who, resident in London, and a graduate of the said University, has, in the opinion of the governing body of the said University, done most to advance medical art or science within the preceding five years, and has therein shown conspicuous merit. If in any year the Fellowship is not awarded owing to the absence of such conspicuous and sufficient merit (in the opinion of the said governing body) on the part of persons otherwise eligible for the Fellowship, or for any other reason, then the net income for that year of the principal sum or capital fund of "The William Julius Mickle Fellowship" shall be added to that principal sum and be invested so as to form an addition to and augment the principal sum of the said Fellowship. …

The income from the Endowment is about £300.

Westminster Abbey Service Prize.

[S.M. 314, Oct. 1919.]

In 1920 the Westminster Abbey Service Committee provided a capital sum of £50 for the annual award of a Prize for Religious Knowledge at the General School Examination held at Midsummer each year. Only those pupils are eligible who take the Examination at a School within the statutory radius of thirty miles from the University's Central Offices. The Prize consists of books to the value of £2.

The Dunn Benefaction.

[S.M. 61, Oct. 1913; S.M. 13, Oct. 1920.]

Sir William Dunn, Bart., by his Will proved in 1913, bequeathed to the University a sum of £2,000 for the proposed Institute in Medical Sciences. The project for the establishment of the Institute fell through and the University thus lost its legal right to the legacy; but in 1920 the Executors and Trustees (the Directors of the Commercial Union Assurance Company), on the initiative of Sir Jeremiah Colman, Bart., granted the University £2,000 from the residue of Sir William Dunn's Estate on the understanding that it should be devoted to " one of the subjects which would have been embraced by the Institute of Medical Sciences."

By the decision of the Senate the Income arising from the Bequest is applied to Exhibitions in Anatomy and Physiology awarded in connexion with the Second Examination for Medical Degrees, Part II.

Hughes Bequest.

[S.M. 392, Nov. 1919; S.M. 3010, March 1921.]

Under the Will of Mr Thomas Smythe Hughes, who died in 1919, the University received a Bequest for the encouragement of Original Medical Research as follows: —

I THOMAS SMYTHE HUGHES of 16 Bedford Place Russell Square in the County of London Gentleman hereby revoke all Wills and testamentary disposition heretofore made by me and declare this to be my last Will I APPOINT the Public Trustee to be SOLE EXECUTOR of this my Will and I devise and bequeath all my property wheresoever real and personal unto the Public Trustee upon trust to realise the same and out of the proceeds thereof to pay my debts and funeral and testamentary expenses and to hold the residue thereof upon trust to institute a scholarship or scholarships at the University of London for the encouragement of original medical research or if for any reason it shall be found impossible or in the opinion of the Trustee undesirable to institute such scholarships then to hold the same upon trust for the University of London to be used for the encouragement of original medical research.

On realisation the capital sum amounted to, roughly, £2,600, and produces an annual income of about £150. Grants from the Fund are made annually by the Senate to those already engaged in original medical research, or one or more annual Scholarships in original medical research will be awarded as may be determined from time to time.

Cassel Benefaction.

[S.M. 2069/74, Feb. 1920; S.M. 2466, March 1925.]

In 1920 the Trustees of the Sir Ernest Cassel Educational Trust gave to the University a sum of £150,000 for the endowment of professorial posts in Banking and Currency, Foreign Trade, Accountancy and Business Methods, Transport and Shipping, Industrial Organisation and Commercial Law.

A grant of £3,000 a year for five years was also made by the Trustees for the provision of additional teaching in Modern Languages in connexion with Degrees in Commerce, and a further grant of £1,000 a year for five years for travelling scholarships for students in Commerce. These grants were renewed by the Trustees for a further period of five years in March 1925.

Vintners' Company Scholarships.

[S.M. 2639, March 1920; S.M. 2632, March 1925; S.M. 3178, May 1926.]

In 1920 the Vintners' Company offered, for a period of five years, two travelling scholarships of the annual value of £150 each to students studying for the Degree in Commerce and engaged in or intending to engage in the Wine Trade.

In 1925 the grant was renewed for a further period of five years, and in 1926 the two scholarships were replaced by one of £250.

Institute of Historical Research.

[S.M. 749/51, Nov. 1920.]

The Institute of Historical Research was founded as the result of an Appeal by the University in 1920 which raised a sum of £24,000, of which £20,000 was provided by an anonymous donor for the erection and equipment of a temporary building upon a plot of ground in Malet Street.

The appeal was based upon the unique advantages of the University of London as a centre for specialisation in some of the most important branches of historical, political and legal science, since the original materials for such studies are to a large extent concentrated in the capital of the Empire, in Libraries and Archives maintained from public funds, accessible to post-graduate students.

The Institute is managed by a special Committee appointed annually by the Senate, and consisting, in addition to members of the Senate and Teachers of the University, of distinguished representatives of historical studies in other Universities, Learned Societies, and Government Departments.

The Institute was opened in July 1921, and has received a considerable number of valuable publications from the Home, Overseas, and Foreign Governments, the British Museum, the Royal Historical Society, the Navy Records Society, and other bodies and individuals at home and abroad. The Library now consists of over 30,000 volumes and pamphlets.

Grants from County Councils and County Borough Councils.

[S.M. 1540, Jan. 1921; S.M. 1407, Jan. 1927.]

In 1921 the University approached various Councils and Borough Councils of the Home Counties for grant-aid towards the cost of the instruction which is given at Colleges and Schools of the University in Arts, Science, Engineering, and Economics to students from those Counties, and all the Home Counties have now recognised their obligation to the University in this respect. The County Borough of West Ham led the way in 1921 with a grant of £10 per student domiciled in West Ham, and in 1922 grants were made by Croydon, Essex, Kent, Middlesex, and Surrey. In 1923 East Ham and Southend were added to the list; in 1924 Hertfordshire; and in 1925 Buckinghamshire. The Councils and Borough Councils have renewed, and in many cases increased, their grants since they were first made, and for 1926–27 they are as follows:—Buckinghamshire, £100; Essex, £500; Hertfordshire, £500; Kent, £2,500; Middlesex, £5,000; Surrey, £2,500; Croydon, £500; Southend, £200; East Ham, £100; and West Ham, £10 for each full-time Day student from West Ham. For 1927–28 Essex County Council have increased their grant by giving, in addition to the block grant of £500, a capitation grant of £2 10s. 0d. for each full-time Day Student from Essex.

Cutlers' Company Scholarships.

[S.M. 2376, March 1922.]

In the years 1922–24 the Worshipful Company of Cutlers offered five Scholarships of the value of £90 a year in memory of Captain Francis George Boot, a Past Master and benefactor of the Company.

John Benjamin Knowlton Preedy Memorial.

[S.M. 868, Nov. 1922.]

In July 1922 Mrs Preedy gave £300 3½ per cent. Conversion Loan to the University, the annual interest to be applied to the purchase of some standard works on archæology and art to be kept in the University Library in memory of her son, John Benjamin Knowlton Preedy, M.A., who served prior to the war as Secretary in the University Extension Department, and who lost his life in battle in 1917.

Arthur Thomas Simmons Prizes.

[S.M. 3744, June 1923.]

In 1923 Teachers and other friends of the late Arthur Thomas Simmons provided a fund for the establishment of two Prizes in Geography to be awarded in connexion with that subject at the General School Examination held at Midsummer each year, as a memorial of his work as Inspector of Schools for the University for seventeen years, from 1904 to 1921. Each prize consists of books to the value of about £2.

Geoffrey E. Duveen Lectureship in Otology.

[S.M. 116, Oct. 1923.]

Mr Geoffrey E. Duveen gave, in 1923, £10,000 to found a Lectureship in Otology. The Trust Deed is as follows:—

THIS INDENTURE made the twelfth day of March One thousand nine hundred and twenty-four between Geoffrey Edgar Duveen of 40, Park Lane in the County of London (hereinafter called "the Founder") of the one part and The University of London (hereinafter called "the University") of the other part whereas the Founder has transferred to the University the investments set forth in the Schedule hereto to the intent that the same shall be held upon the trust hereinafter declared now this Indenture witnesseth and it is hereby declared as follows:

1. The University shall either retain the said investments or sell the same or any of them or any part thereof and reinvest the proceeds thereof in any investments authorised by law with power from time to time to change the same or any of them for others of a like nature and shall stand possessed of the said investments specified in the said Schedule and the investments from time to time representing the same (all of which are hereinafter included in the expression "the Trust Funds") upon and with and subject to the trusts powers and provisions hereinafter declared and contained.

2. The annual net income of the Trust Funds after providing for such administrative or other expenses and outgoings as the University in its uncontrolled discretion may incur in connection with the Lectureship in Otology hereinafter mentioned shall provide and be applied in the payment of the stipend of a Lecturer on the principles and practice of Otology in the University of London the Lectureship to be known as "The Geoffrey E. Duveen Lectureship in Otology."

3. Subject as hereinafter mentioned the Lecturer shall be selected and appointed upon such conditions as to the discharge of his duties and upon such terms and for such period and generally in such manner as the University may from time to time determine in accordance as near as may be with the procedure usually adopted for the appointment of Professors and Readers in the University of London.

4. The first holder of the said Lectureship shall be Mr Richard Lake Fellow of the Royal College of Surgeons of England who at the present time is Surgeon in the Ear Nose and Throat Department at University College Hospital in Gower Street London and he shall hold the said Lectureship for the period of five years from the first day of January One thousand nine hundred and twenty-four if he shall so long live or until he shall within such period desire to retire from the discharge of the duties of the said Lectureship or in the opinion of the Founder and the University during the lifetime of the Founder and subsequently in the opinion of the University shall be deemed to be incapable or unfit by reasons of health or otherwise to discharge the said duties. As Lecturer he may be required to deliver not more than twelve Lectures in Otology during each Academical year either in the Medical School of University College Hospital or elsewhere in London as the Senate may direct.

5. The University may at any time or times (but during the lifetime of the Founder only after his consent in writing shall be first had and obtained) vary the trusts hereinbefore declared concerning the said Trust Funds in such manner as the University may think desirable for better carrying out the study and promotion of the science and art of Otology in all or any of its branches and which shall have for its objects the prevention cure or alleviation of diseases or affections of the human ear provided that in any such case the name of "Geoffrey E. Duveen" shall be retained and preserved in connection with the said trusts.

Metcalfe Scholarship and Studentship for Women.

[S.M. 498, Nov. 1923.]

By the Will of Agnes Edith Metcalfe, B.Sc. (Lond.), who died in 1923, the University is her residuary legatee under the following clause :—

I give all my property not otherwise disposed of by this my Will or any Codicil hereto subject to and after payment of my funeral and testamentary expenses and debts and the legacies and annuities bequeathed by this my Will or any Codicil hereto and the duty on any Legacies or annuities bequeathed free of duty to the University of London to be applied by the Senate of the said University to the encouragement of the study of Social Economics and Industrial conditions and Problems arising out of such conditions in manner (as nearly as they may find to be possible as that set out in the Memorandum dated the same day as this my Will and headed University of London— Metcalfe Scholarship and Studentship for Women."

Of the funds received by the University, one-half is to found a "Metcalfe Scholarship" tenable for two years at the London School of Economics, to be awarded annually to a woman student who has passed the Intermediate Examination in Economics and is working for the B.Sc. (Econ.) Degree; and one-half is to found a "Metcalfe Studentship," tenable at the London School of Economics, to be awarded annually to a woman Graduate of a University in the United Kingdom for the purpose of research on some social, economic, or industrial problem, preferably a problem bearing upon the welfare of women.

The Bequest is subject to certain annuities, and, until the full amount is received, the Will provides that the Scholarship should be awarded biennially instead of annually, the amount devoted to the Scholarship being one-half of that devoted to the Studentship during that period.

Sir Julian Corbett Prize.

[S.M. 392, March 1924.]

In 1924 Mr Herbert E. Corbett gave a sum of £500 to found a "Sir Julian Corbett Prize for Research in Modern Naval History," in memory of his brother who was an original member of the Committee appointed in 1920 to raise funds to found the Institute of Historical Research and was on the Committee of the Institute till his death.

The Deed of Gift is as follows :—

THIS INDENTURE made the Twenty-third day of June One thousand Nine hundred and Twenty-four BETWEEN HERBERT EDWIN CORBETT of 17 Gracechurch Street in the City of London Gentleman (hereinafter called "the Founder") of the one part and THE UNIVERSITY OF LONDON (hereinafter called "the University") of the other part WHEREAS the Founder has transferred to the University the sum of Five hundred pounds (which sum is hereinafter described as the Trust Fund) to the intent that the Fund shall be held upon the trusts hereinafter declared Now THIS INDENTURE WITNESSETH and it is hereby agreed as follows:

1. THE UNIVERSITY shall invest the Trust Fund in any investments authorised by law for Trust Funds with power from time to time to change the same or any of them for others of a like nature and shall stand possessed of the said investments upon and with and subject to the trusts powers and provisions hereinafter declared and contained.

2. The annual net income of the Trust Fund after providing for administrative or other expenses and outgoings shall provide and be applied in payment of a Prize for Research in Modern Naval History such Prize to be known as the Julian Corbett Prize for Research in Modern Naval History.

3. THE Prize shall be awarded by the Senate on the recommendation of the Institute of Historical Research Committee under the Regulations contained in the Schedule hereto.

4. THE Regulations for the Prize may be varied from time to time by the Senate on the recommendation of the Institute of Historical Research Committee (but during the lifetime of the Founder only after his consent in writing shall first have been obtained) in any way the University may think desirable for better carrying out research in Modern Naval History but so that the name of Julian Corbett shall always be retained and preserved in connection with the Prize.

5. IF at any Competition no Award is made the University may on the recommendation of the Institute of Historical Research Committee add the amount of the award to the capital of the Fund or may apply it to any of the following purposes: Increasing the value of the Prize, awarding a second prize to a deserving candidate, providing for the expense of publishing works submitted, purchasing for the Institute of Historical Research books or equipment necessary for research in modern naval history or encouraging by any other means research in that subject at the Institute of Historical Research. IN WITNESS whereof the Founder has hereunto affixed his hand and seal and the University has caused its Common Seal to be affixed the day and year first above written.

THE SCHEDULE above referred to.

Regulations for the JULIAN CORBETT PRIZE for Research in Modern Naval History.

(a) A Prize known as the Julian Corbett Prize for Research in Modern Naval History, will be awarded by the Senate on the recommendation of the Institute of Historical Research Committee for work based on original (MS. or printed) materials for modern naval history.

(b) THE work shall take the form either of a dissertation or of an edition of an original document or series of documents illustrating modern naval history.

(c) THE Prize will be open for competition to any investigator who has been admitted to the use of the Institute of Historical Research and has been working there for not less than a year preceding the date at which the Candidates' work must be submitted.

(d) IF the successful work is published, it shall bear on the title page the words "Awarded the Julian Corbett Prize for Research in Modern Naval History, University of London." Whether or not publication in extenso is practicable, a précis of the successful thesis shall be published in the Bulletin of the Institute.

Rosebery Gift for Athletic Ground.

[S.M. 1035, Dec. 1923; S.M. 1835/6, Feb. 1924; S.M. 476/81, Oct. 1925.]

In 1923 a movement was set on foot to acquire a University Athletic Ground and Boat-house, and early in 1924 the Chancellor, Lord Rosebery, gave £5,000 towards the scheme. The University has bought about 28 acres at Motspur Park, near Wimbledon, for a Sports-ground, and a piece of land at Chiswick for a Boat-house, which is to be planned to house not only University but College boats.

The Senate in October 1925 authorised a public appeal for £80,000 (£50,000 for Capital Outlay and £30,000 for Endowment) towards the cost of purchase and running expenses, and made a grant of £5,000 from general funds.

Laura Soames Bequest.

[S.M. 46, Oct. 1924; S.M. 1372, Jan, 1925.]

In October 1924 the University took over from the surviving trustees the Trust which they had accepted under the Will with codicil of the late Miss Laura Soames which was proved on 19th February, 1895. The relevant extract from the codicil to the Will is as follows :—

And I BEQUEATH to my Brother ARTHUR WELLESLEY SOAMES, WALTER LEAF of [ ] and ANNETTE S [ ] VERRALL of No. 26 Gloucester Place, Brighton, Spinster (hereinafter called my "Literary Trustees") the copyright in my books and manuscripts and I also bequeath to my said Literary Trustees the sum of £500 free of legacy duty upon trust at their discretion to invest the same or any part thereof in their names in or upon any of the public stocks or funds or Government securities of Great Britain AND I declare that my said Literary Trustees shall stand possessed of the said sum of £500 and the investments for the time being representing the same or any part thereof and the annual income thereof UPON TRUST to expend the same both capital and interest on the following objects.

FIRSTLY. On editing and publishing the books required to complete my series of books entitled "Soames's Phonetic Method for Learning to Write."

SECONDLY. On publishing from time to time new editions of my phonetic books or such additional reading books on the same method as my said Literary Trustees may in their judgment consider be required.

And THIRDLY. On advertising my books and propagating my system of teaching to read and generally propagating a knowledge of phonetics by any means which may appear to my said Literary Trustees to be the best for that purpose.

By direction of the Trustees the income is to be used for the purpose of founding a prize to be known as the "Laura Soames Prize" to promote the study of phonetics, or alternatively for the purpose of propagating a knowledge of phonetics by any means which may appear to the Senate to be the best for that purpose.

Until further order the income is to be used for an annual prize in the Department of Phonetics at University College, to be awarded for the most distinguished piece of research work dealing with the phonetic structure of a living language.

Samuel Davidson Bequest.

[S.M. 479, Nov. 1924; S.M. 3200, March 1925.]

By the Will of Miss A. J. K. Davidson, who died in August 1924, the University is her residuary legatee, under the following clause :—

AND I GIVE DEVISE AND BEQUEATH all the residue of my real and personal estate (including any property which I have any general power to appoint or dispose of by Will) unto my Trustees UPON TRUST to sell, call in and convert into money the same or such part thereof as shall not consist of money and with and out of the money produced by such sale calling in and conversion and with and out of my ready money to pay my funeral and testamentary expenses and debts and the legacies bequeathed by this my Will or any Codicil hereto and the duties thereon and the duties on any gift or gifts by me within three years of the date of my death as hereinbefore mentioned and my Trustees shall hold the residue of the said money IN TRUST to pay the same to the University of London to be held by the Senate of the said University UPON TRUST to invest the same in the names or otherwise under the control of the said Senate in manner authorised by law and with power from time to time to vary such investments or any of them and to apply the income thereof in and for the encouragement of studies bearing upon the history and interpretation of the Hebrew and Greek Books of the Old Testament by all or any of the following means namely by the establishment and maintenance of a professorship readership or lectureship for such studies or if this shall not be deemed practicable or in addition thereto by the establishment and maintenance of one or more travelling or research scholarships for the pursuance of such studies AND I DECLARE that subject as hereinafter provided the terms and conditions relating to the appointment or election and payment of any person to such professorship readership lectureship or scholarship and to the period for which any such professorship readership lectureship or scholarship shall be held and to its vacation shall be in the absolute and uncontrolled discretion of the said Senate who shall in such discretion be at liberty to hold such examinations (if any) as they shall think fit for the purpose of such election and to defray the expenses of such examinations out of the income of the said money and to refrain from making any such appointment or election at any time or times when no candidate shall seem to them suitable and to devote any surplus or accumulation of income to the purposes of this Trust as they shall think fit Provided only that such professorship readership lectureship or scholarship shall be open only to graduates of any University in the British Empire and that there shall be no restrictive conditions in any such appointment or election as to the religious or theological beliefs convictions or denomination of any candidate for the same and Provided also that such professorship readership lectureship or scholarship shall bear the name "Samuel Davidson" Provided always that before paying over such residue my Trustees shall satisfy themselves to the best of their ability that the scheme proposed by the Senate of the said University is so far as they can judge and in their absolute discretion in accordance with my wishes as hereby expressed.

The securities representing the Bequest are being gradually realised and proceeds invested in trustee stocks. A Samuel Davidson Chair of Old Testament Studies was instituted by the Senate in 1925.

Jubber Bequest.

[S.M. 1368, Jan. 1925.]

Under the Will of Mr Arthur Jubber, who died in October 1924, the University is to receive a Bequest of £5,000, the interest only of the said sum "to be used for Scholarships, Prizes or Lectures in any advanced subject, especially Chemistry, Botany, Mathematics, Ancient, Modern and Natural History."

The Bequest will become payable on the death of certain relatives.

Frederic David Matthew Prize.

[S.M. 2664, March 1924.]

In March 1925 Miss Dorothy G. Matthew gave to the University the sum of £60 (being the honorarium she received for her work as Secretary of the Wyclif Society) for the establishment of a prize for Bible knowledge in memory of her father, Frederic David Matthew, Hon. D.Litt. (Oxford), one of the founders of the Society.

A Prize of books to the value of £2 2s. 0d. is awarded annually for the best paper in Old Testament, New Testament, or Apocrypha at the General School Examination in Religious Knowledge.

Frida Mond Studentship.

[S.M. 2474, March 1925.]

In March 1925 Mrs Sigismund Goetze gave £3,000 to found a Studentship. The Trust Deed is as follows :—

THIS INDENTURE made the thirty-first day of March 1925 BETWEEN Constance Goetze, the wife of Sigismund Christian Hubert Goetze, of Grove House, Park Road, Regent's Park, N.W. (hereinafter called "the Foundress") of the one part and the University of London (hereinafter called "the University") of the other part WHEREAS the Foundress, being minded to perpetuate the memory of her aunt, the late Mrs Frida Mond, has transferred to the University the sum of £3,000 (which sum is hereinafter described as "the Trust Fund") to the intent that the Fund shall be held upon the trusts hereinafter declared Now THIS INDENTURE WITNESSETH and it is hereby agreed as follows :—

1. The University shall invest the Trust Fund in any investments authorised by law for Trust Funds with power from time to time to change the same or any of them for others of a like nature and shall stand possessed of the said investments upon and with and subject to the trusts powers and provisions hereinafter declared and contained.

2. The annual net income of the trust fund after providing for administrative and/or other expenses and outgoings shall provide and be applied in payment of a Studentship for the encouragement of literary studies in the University of London to be known as the "Frida Mond Studentship."

3. The Studentship shall be awarded by the University under the Scheme contained in the Schedule hereto.

4. The Regulations for the Studentship may be varied from time to time by the Senate (but during the lifetime of the Foundress only after her consent in writing shall first have been obtained) in any way the Senate may think desirable for the better encouragement of literary studies amongst Graduates in Arts of the University of London, but so that the name of Frida Mond shall always be retained and preserved in connexion with the Studentship

5. If in any year no award is made the University may add the income to the capital of the Trust Fund or may apply it to the award of a second Studentship in a subsequent year.

IN WITNESS whereof the Foundress has hereunto affixed her hand and seal and the University has caused its Common Seal to be affixed the day and year first above written.

THE SCHEDULE.

Scheme for the Frida Mond Studentship.

(a) A Studentship known as the Frida Mond Studentship of the approximate value of £150 a year is offered by the University for the promotion of literary studies in the University of London.

(b) The Studentship is open to men and women graduates in Arts of the University who as Internal Students have taken First or Second Class Honours in a Final Examination for an Arts Degree not more than two years before the date of the award.

(c) The Student must undertake during the tenure of the Studentship to pursue a course of full-time training in preparation for the Ph.D. Degree for Internal Students in the Faculty of Arts.

(d) In awarding the Studentship preference will be given to candidates who give evidence of high proficiency in Classics or Modern Languages on the literary rather than on the linguistic side.

(e) The Studentship will as a rule be tenable for two years subject to evidence from time to time of satisfactory work and conduct on the part of the student.

(f) The Studentship may exceptionally be extended for a third year should it be established to the satisfaction of the University that the additional period of study is necessary to enable the student to complete the work for the Ph.D. Degree.

(g) If in the opinion of the University there is in any year no candidate of sufficient merit the Studentship will not be awarded.

(h) The award of the Studentship will be made by the University Scholarships Committee, which Committee shall employ at their discretion expert assistance to advise them in the subjects in which the candidates have graduated.

A Studentship of the value of £140 is offered biennially.

Koraes Chair of Modern Greek.

[S.M. 3534, June 1925.]

In 1925, funds, which had been raised by a Committee of Subscribers for the promotion of the study of Modern Greek and Byzantine History, Language and Literature, were handed to the University and the following indenture in regard to the endowment of the Koraes Chair was sealed:

THIS INDENTURE made this thirteenth day of July 1925 between His Excellency Dr Joannes Gennadius of White Gates East Molesey in the County of Surrey and Nicolas Eumorfopoulos of 24, Pembridge Gardens in the County of London, Esquire on behalf of the Committee of Subscribers to the Koraes Chair of Modern Greek Fund (hereinafter called "the Committee") of the one part and the University of London (hereinafter called "the University") of the other part WHEREAS the Committee being desirous of promoting the study of Modern Greek and Byzantine History Language and Literature both among English people educated in the classical Greek tradition and among members of the Greek communities in Great Britain and also of fostering and encouraging friendship and goodwill between the English and Greek peoples have transferred to the University the investments set forth in the first schedule hereto to the intent that the same shall be held upon the trusts hereinafter declared AND WHEREAS at a meeting of the Committee duly convened and held on the twenty-seventh day of June 1925 the draft of these presents was approved and the said Dr Joannes Gennadius and Nicolas Eumorfopoulos were appointed for the purpose of signing these presents on behalf of the Committee AND WHEREAS the resolution passed at the said meeting has been signed by all the members of the Committee And WHEREAS the University has added to the sum so transferred the investments set forth in the second schedule hereto to the intent that the same shall be held upon the same trusts.

Now THIS INDENTURE witnesseth and it is hereby agreed as follows :—

1. The University shall either retain the said investments or sell the same or any of them or any part thereof and reinvest the proceeds thereof in any investments authorised by law with power from time to time to change the same or any of them for others of a like nature and shall stand possessed of the said investments specified in the said schedules and the investments from time to time representing the same (all of which are hereinafter included in the expression "the trust funds") upon and with and subject to the trusts powers and provisions hereinafter declared and contained.

2. The University will provide and maintain a Chair in the University of London to be known as the "Koraes Chair of Modern Greek and Byzantine History Language and Literature" and the annual net income of the Trust Funds after providing for administrative expenses incurred by the University on connection with the said Chair shall provide and be applied in the payment of the stipend of such Chair. The holder of the Chair will be required to give his whole time to the duties of the Professorship.

3. Subject as hereinafter mentioned the occupant of the Chair shall be selected and appointed upon such conditions as to the discharge of his duties and upon such terms and for such period and generally in such a manner as the University may from time to time determine in accordance with the procedure for the time being in force for the appointment of Professors in the University of London.

4. The Chair shall be tenable at University of London King's College unless the Senate after inviting reasoned reports from the Delegacy of University of London King's College and the Koraes Committee hereinafter referred to shall otherwise determine.

5. The University shall appoint annually a Standing Committee (hereinafter referred to as the Koraes Committee) consisting of the Vice-Chancellor the Principal of King's College (or the Principal of any other of the University Colleges at which the Chair is tenable) three representatives appointed by the Delegacy of University of London King's College (or by the governing body of any other of the University Colleges at which the Chair is tenable) and four representatives of the Committee of subscribers to the Koraes Chair of Modern Greek Fund appointed in such manner as the Committee shall determine.

6. The functions of the Koraes Committee shall be to advise the Senate through the Delegacy of University of London King's College (or through the governing body of any other of the University Colleges at which the Chair shall be tenable) generally as to schemes for the promotion of Modern Greek studies in the University and to take such steps as they think fit from time to time for raising further funds for the promotion of such studies.

7. A Board of Advisors shall be appointed on any election to the Koraes Chair and shall include two persons nominated by the Koraes Committee and selected from the representatives of the Committee of subscribers who are members of such Committee one of whom shall be deemed to be one of the four representatives on the Board of Advisors of the College at which the Chair is held and one of whom shall be deemed to be an External Expert appointed by the University.

8. In the event of a vacancy occurring in the Chair and no suitable candidate being available the University may apply the income of the fund arising during such vacancy to the maintenance of the departmental library at the College at which the Chair is tenable to the provision of scholarships in the department to the provision of a salary or salaries of a lecturer or lecturers in the subjects within the purview of the Chair or to any of these objects or the University may take such other steps as it thinks desirable for advancing the object of the trust or may add such income to the capital fund.

The First Schedule.

£15,618 17s 8d. . . . 3½% Conversion Loan.

£412 10s. 0d. . . . 4% Funding Loan 1960–90.

The Second Schedule.

£4,736 16s. 8d. . . . 5% War Loan 1929–47.

Laura de Saliceto Studentship.

[S.M. 11, Oct. 1925.]

Under the Will of the late Miss L. S. Gibbs, who died in 1925, the University received a Bequest for the advancement of Cancer Research as follows:

I bequeath to the University of London free of all death duty such a sum as shall when invested in an investment or investments sanctioned by law for Trustees be sufficient to produce the clear annual sum of One hundred and fifty pounds And I direct that the first mentioned sum shall be ascertained and agreed by and between my Executors and the said University And it is my wish that by means of this bequest a Studentship shall be established by the said University in memory of my late beloved Mother to be called "The Laura de Saliceto Studentship" for the advancement of Cancer Research either on the Physiological or the Chemical side And it is also my wish that the Regulations in relation to such Studentship shall be framed by the said University upon the same lines so far as applicable as those which apply to the Philip Walker Studentship on Pathology in the University of Oxford.

The income of £150 a year arising from the Bequest will be awarded by the Senate, after a report from the Medical Members of the Senate, to a student carrying out the approved research in a School of the University, for a period of not less than two years, which may be extended by annual reappointment to a total period of not more than five years.

Stevenson Chair of International History.

[S.M. 1262, Dec. 1925.]

In 1926 Sir Daniel Stevenson gave to the University funds for the establishment of a part-time Chair in International History, and at the same time, gave to the Royal (then British) Institute of International Affairs funds for the appointment of a Director of Studies. The terms of the indenture entered into with the University are as follows:—

THIS INDENTURE made the Twenty-sixth day of November One thousand nine hundred and twenty-five between Sir DANIEL MACAULAY STEVENSON, Baronet, of 12 Waterloo Street Glasgow (hereinafter called "the Founder") of the one part and THE UNIVERSITY of LONDON (hereinafter called "the University") of the other part

WHEREAS the Founder being desirous of furthering amity and good understanding among all Nations and being persuaded that the study and teaching of History as hitherto practised in this and other Countries have not been conducive to this end, that on the contrary in practically all Countries the teaching of History and the Class-books used therefor have had a strong Nationalist bias, creating among the peoples from childhood onwards a spirit of antipathy, ill-will and even hatred of other peoples, and being convinced that the teaching of History internationally and as far as practicable without bias would tend to substitute for this spirit a spirit of international co-operation, peace and goodwill

AND WHEREAS the Founder after full enquiry in many directions has come to the conclusion that such teaching would be undertaken satisfactorily and carried on efficiently by the University of London working in co-operation with the British Institute of International Affairs which co-operation has been and is hereby understood and to which effect is given both in these presents and also in a separate Indenture dated the Twenty-sixth day of November One thousand nine hundred and twenty-five entered into between the Founder and the British Institute of International Affairs.

AND WHEREAS the Founder has agreed to bind himself by an irrevocable Deed to pay to the University of London half-yearly for six and a half years the sum of One thousand five hundred and thirtyeight pounds nine shillings and two pence amounting in all to the sum of Twenty thousand pounds to the intent that out of said instalments and (when sufficient) the net income arising from the investment of the balances thereof the University shall (as hereinafter provided) apply the sum of Five hundred pounds per annum to defraying the stipend of a Professor of International History in the said University and also (as hereinafter provided) apply the surplus income to the development of a Department of International History and has also agreed to pay to Trustees for and on behalf of the British Institute of International Affairs a further sum of same amount (One thousand five hundred and thirty-eight pounds nine shillings and two pence halfyearly for six and a half years in all Twenty thousand pounds) to the intent that out of the said instalments and (when sufficient) the net income arising from the investment of the balances thereof Five hundred pounds per annum shall be applied to increase the aforementioned stipend of the said Professor in respect that he shall concurrently and ex-officio perform the duties of Director of Studies (hereinafter called "The Director") in the said Institute, it being understood and agreed that the said Professorate and Directorate shall form jointly a single scheme for the better education and instruction of Students in the history and progress of international affairs and the training of the said Students in such a way as to fit them for becoming Teachers of International History on the above lines in all parts of the World, and that the whole income arising from the investment of the Founder's said payments shall be exclusively devoted to the purposes of the said scheme.

AND WHEREAS the Founder holding as he does that no one could satisfactorily and efficiently carry out the proposed duties without keeping himself in constant touch with leading opinion in foreign countries has agreed to pay to Trustees for and on behalf of the British Institute of International Affairs half-yearly for six and a half years the sum of One hundred and fifty-three pounds sixteen shillings and eleven pence whereof at least Fifty pounds a year shall be applied in defraying the expenses of annual visits by the Professor-Director to such Countries and any balance not so applied in any year shall be invested and exclusively devoted to building up a fund for the defraying out of the revenue therefrom of such expenses as may be incurred in the future by the Director and/or his Assistants hereinafter referred to.

Now THIS INDENTURE WITNESSETH And it is hereby agreed as follows :—

1. The University shall invest the said sums paid to them or the balances thereof in any investments authorised by law with power from time to time to change the same or any of them for others of a like nature and shall stand possessed of the said sums or investments (all of which are hereinafter included in the expression " the Trust Funds ") upon and with and subject to the trusts powers and provisions hereinafter declared and contained.

2. Out of the said sums or the annual net income of the Trust Funds after providing for such administrative or other expenses and outgoings as the University in its uncontrolled discretion may incur the sum of Five hundred pounds per annum shall be provided and applied in the payment of the stipend of a Professor of International History to be known as "the Stevenson Professor of International History in the University of London."

3. The Professor shall be elected and appointed by the Senate upon the recommendation of a Board of Advisors constituted as follows and reporting through the Academic Council, viz.: The Vice-Chancellor, The Principal Officer, The Principal (or Chief Executive Officer) of the College or School (not being the British Institute of International Affairs) to which the Chair is for the time being attached, three External Experts appointed in accordance with the General Regulations of the University and four other persons appointed by the Council of the British Institute of International Affairs provided that the tenure of the Chair shall be for periods of five years the person appointed being eligible for re-appointment. Sex shall be no bar to appointment. The University will require the authority of the College or School to which the Professor is attached and the Council of the British Institute of International Affairs respectively to forward annual reports on the work of the Professor and such reports shall be taken into account by the Board of Advisors when considering the re-appointment of the Professor.

4. The person recommended for appointment as Professor shall satisfy the Board of Advisors that he has a good working knowledge of German, French and English, and that he is in sympathy with the aims of the Founder set out above. As a condition of re-appointment a Professor shall further satisfy the Board of Advisors that he is competent to deliver lectures in two of these languages.

5. It shall be the duty of the Professor as a part-time Professor in the University to conduct classes and give lectures or other teaching on the subject of International History since the end of the fifteenth century, to undertake the direction and supervision of special and advanced Students and to do all in his power to promote the Study of his subject free as far as possible from national prejudice bias or prepossession. The Professor's work shall form part of the Course of Instruction in History at the University. It is the Founder's desire that Students coming under the influence of the Professor in this or other ways may become trained and fitted to promote amity and good understanding among the Nations and to become themselves Teachers of International History in the same spirit all over the World.

6. The first holder of the said Chair will be Mr Arnold Joseph Toynbee B.A. and he shall hold the said Chair for a period of five years from the First day of December One thousand nine hundred and twenty-five if he shall so long live unless he shall within such period desire to retire from the discharge of the duties of the said Chair or in the opinion of the University shall be deemed to be incapable or unfit by reasons of health or misconduct to discharge the said duties.

7. The University may at any time (but during the lifetime of the Founder only after his consent in writing shall be first had and obtained) vary the trusts hereinbefore declared in such manner as the University may think desirable for better carrying on the Study of International History with a view to the furtherance of amity and good understanding among Nations provided that in any such case the name of Stevenson shall be retained and preserved in connection with the said trusts and that the intentions of the Founder as declared in the Preamble shall be respected.

8. When the Fund arising from the investment of the said payments of One thousand five hundred and thirty-eight pounds nine shillings and two pence shall produce an annual income more than sufficient to defray the stipend of the Professor as hereinbefore provided the University shall apply such surplus for better carrying out the desires of the Founder as set out in the Preamble more particularly by the development of a Department of International History in the University and the appointment of Assistants to the Professor.

Petrie Medal.

[S.M. 1898/9, Feb. 1926.]

1. The Petrie Medal Committee offer to the University of London, on behalf of the subscribers:

(a) The original design by Mr Sydney Carline in Electrotype, and 20 bronze casts of the Petrie Medal;

(b) The sum of £75 for disposal as prescribed.

2. The Medal shall be awarded once in every three years for distinguished work in Archæology, preferably to a British subject. The award shall be made by the Senate on the recommendation of the Board of Studies in Archæology. The name of the recipient shall be engraved on the rim of the medal.

3. Out of the interest on the sum mentioned in 1 (b) the engraving of the name and any other incidental expenses, such as a case to hold the medal, shall be paid; the balance of the interest shall either be allowed to accumulate or be expended in any manner the Senate, on the recommendation of the Board of Studies in Archæology, may direct, for the promotion or recognition of work in Archæology.

4. When the 20 medals have all been awarded, the capital sum may be used for making more copies of the medal, or in any other manner the Senate, on the recommendation of the Board of Studies in Archæology, may direct, for the promotion or recognition of work in Archæology, provided always that such be associated with the name of Sir W. M. Flinders Petrie.