held of the Proprietors of the Institution, and that the Committee of Managers shall make a Report in writing, and then and there produce to the Proprietors present, a general statement of the matters or things with which it may be necessary, expedient, or desirable, for the Proprietors to be acquainted, in order to form an opinion of the actual state of the Institution, in respect both to its pecuniary concerns, and the accomplishment of its objects; and that the General Meeting shall come to such resolutions thereupon as they shall think proper.

THAT at the said General Annual Meeting, the President, one Vice-President, five Managers, three Visitors, Auditors, Secretary, and Treasurer, shall be elected; and that it shall be no objection to the election of any of the said officers, that he held the same or any other office of the Institution, in the preceding or any former year.

PROVIDED ALWAYS THAT the General Annual Meeting shall be competent to proceed to the election of a person or persons, to fill up any vacancy which may have occurred, by death, resignation, or disqualification, either in the Committee of Management or Committee of Visitors, and that in case of the decease, resignation, or disqualification, of the President, Treasurer, or Secretary, or any one or more of the Vice-Presidents, Managers, Visitors, or Auditors, it shall be in the power of the Managers at any time to convene a Special General Meeting of Proprietors, who may proceed to the election of another person or persons in his or their stead.

AND THAT it shall be competent to the said General Annual Meeting, to take into consideration any thing contained in the Report of the Managers, and to come to any resolution upon the same.

AND WE WILL, CONSTITUTE, and GRANT, that any resolution of the General Annual Meeting, or a Special General Meeting, on a subject which, by the provisions of this our Charter, they are authorised to take into consideration, shall absolutely, and to all intents, effects, constructions, and purposes, whatsoever, be binding and conclusive on every member of the Institution.

AND THAT it shall be lawful for any five or more of the Visitors, or any fifteen or more of the Proprietors, by letter addressed to the Secretary, signed with their names, and ex

pressing the object of the same, to demand a Special General Meeting; and that, immediately on the receipt of such letter, the Secretary shall give notice of it to the Committeee of Managers; and the said Committee of Managers shall forthwith convene a Special General Meeting of the Proprietors, and appoint the same to be held at any time they shall think proper, but not at a less distance than ten, or at a greater than twenty, days, from the time the Secretary shall receive the said letter.

AND WE WILL, CONSTITUTE, and GRANT, that the Votes of the Proprietors, for the election of the officers of the Institution, shall always be given by ballot; and that other business brought forward at any General Meeting of the Proprietors, shall be decided by a majority of Proprietors present, unless a ballot be demanded previously to an adjournment on any specific question, by fifteen or more of the Proprietors present; in which case that specific question shall be decided by ballot.

THAT the ballot may be adjourned to any succeeding day, not more distant than the fifth day from that on which the ballot is required; but no person shall have liberty of voting by proxy at such ballot.

AND WE WILL, CONSTITUTE, and GRANT, that it shall be lawful for any General Meeting of Proprietors to form Bye-laws for the government of the Institution, and to repeal and alter any existing Bye-laws of the same.

PROVIDED ALWAYS, and WE declare it to be our will and pleasure, that neither a new Bye-law, nor an alteration or repeal of an existing Bye-law, shall originate in a General Meeting of Proprietors, unless after special notice to the Secretary in writing, by fifteen Proprietors or upwards, at least fourteen days previous to such General Meeting.

AND that neither a new Bye-law, nor an alteration or repeal of an existing Bye-law, shall be proposed by the Managers to the Proprietors, unless approved at a Committee of Managers summoned for that special purpose, and unless two-thirds of the Managers present at such Committee vote for the same.

AND WE WILL, CONSTITUTE, and GRANT, that the whole property of the Institution shall be vested, and we do hereby vest the same, solely and absolutely in the Proprietors; and that they shall have full power and authority to sell, alienate,

charge, or otherwise dispose of, the same, as they shall think proper; but that no sale, mortgage, incumbrance, or other disposition, of any messuages, lands, tenements, or hereditaments, belonging to the Institution, shall be made, except with the approbation and concurrence of a General Meeting of the Proprietors.

AND WE WILL, CONSTITUTE, and GRANT, that the Proprietors of the said Institution shall make or adopt such Resolutions and Bye-laws, and do all such other acts, as, in respect to the Proprietors of the said Institution, will give the real estates acquired or to be acquired by the said Intitution, the nature and transmissible quality of personal estate.

AND WE WILL, CONSTITUTE, and GRANT, that if any Proprietor shall be desirous of transferring his Share in the Institution, such Proprietor shall, by writing, under his hand, signify the same to the Committee of Managers, and mention therein the name, residence, and other description, of the person, to whom he is desirous the same should be transferred; and such person (unless he be a legitimate son of such Proprietor, in which case he shall be admitted without delay) shall be ballotted for at the next meeting but one of Managers; and if such person shall be approved of by a majority of the Managers present, the said Share shall be thereupon immediately vested in that person; but if he shall not be approved of, the Proprietor desirous of parting with the same, shall be entitled, at his option, either to propose another person for admission, or to claim from the funds of the Institution such a sum of money as shall then be fixed by the Bye-laws of the said Institution, for the qualification of a Proprietor, and so toties quoties as such nomination shall be made, and the nominee rejected on a ballot.

AND WE WILL, CONSTITUTE, and GRANT, that on the decease of any Proprietor of the said Institution, his Share shall remain and belong to the Institution, until his will, or the letters of administration of his effects, shall be produced to the Solicitor of the Institution; and on the production of the same the Solicitor shall report to the Committee, who is or are the person or persons legally entitled to the said Share, and if there shall be more than one such person, they shall be desired by the

Solicitor to agree among themselves who shall represent the deceased, as to his said Share; and if they shall not come to such an agreement, the Executors or Administrators of the deceased shall be entitled to nominate any one of them as the representative of such deceased Proprietor; and in case the nominee should be rejected on a ballot, the Executors shall receive from the funds of the Institution, such a sum of money, as shall then be fixed, by their Bye-laws, for the qualification of a Proprietor: but if one person only shall by law, or by agreement among the parties themselves, become entitled to the said Share, such proceedings shall be had in his regard, respecting his said Share, as are herein before provided and directed to take place in respect to the nominee of any person desiring to part with his Share.

AND WE WILL and require that the sum of £20,000, part of the moneys subscribed by the Proprietors to the general fund, shall be invested, as soon as conveniently may be, in the public funds, as a provision for the permanency and stability of the Institution.

AND WE LASTLY DECLARE it to be OUR ROYAL WILL and PLEASURE, that no Resolution or Bye-law shall, on any account or pretence whatsoever, be made by the said Institution, in opposition to the general scope, true intent, and meaning, of this our Royal Charter, or the laws of our realm, and that, if any such Rule or Bye-law shall be made, the same shall be absolutely null and void to all intents, effects, constructions, and purposes, whatsoever. IN WITNESS whereof We have caused these our Letters to be made Patent.

WITNESS OURSELF at Westminster, the Twenty-first day of January, in the 47th year of our reign.

By Writ of Privy Seal,

[VANDERCOM, Solicitor.]

WILMOT.