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" left to the regents of adapting their policy, within certain limits, to progressive views and contingent advantages, the act of incorporation authorized them to make such disposal of any moneys arising from the interest of the fund, and not otherwise... "
Cyclopaedia of American Literature: Embracing Personal and Critical Notices ... - Page 36
by Evert Augustus Duyckinck, George Long Duyckinck - 1866
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American Journal of Science and Arts, Volumes 61-70

Science - 1855 - 490 pages
...valuable works pertaining to all departments of human knowledge." hereby authorised to make such disposal as they shall deem best suited for the promotion of the purpose of the tesiator, anything herein contained to the contrary notwithstanding." Section 10, requires those taking...
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The North American Review, Volume 79

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1854 - 706 pages
...required for the purposes herein provided, the said managers arc hereby authorized to make such disposal as they shall deem best suited for the promotion of the purpose of the testator, anything herein contained to the contrary notwithstanding." Now it would be sufficient to remark, that...
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Report of the Organization Committee of the Smithsonian Institution: With ...

Smithsonian Institution - 1847 - 42 pages
...required for the purposes herein provided, the said managers are hereby authorized to make such disposal as they shall deem best suited for the promotion of the purpose of the testator, anything herein contained to the contrary notwithstandingi copyright shall be secured under the existing...
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THE SEAT OF GOVERNMENT OF THE UNITED STATES

JOSEPH B. VARNUM - 1854 - 130 pages
...all funds not herein appropriated or not required for the purposes specified, to make " such disposal as they shall deem best suited for the promotion of the purpose of the testator." The expenditures under this head, we will designate as GENERAL OPERATIONS. The words we Have italicised...
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The North American Review, Volume 79

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1854 - 566 pages
...required for the purposes herein provided, the said managers are hereby authorized to make such disposal as they shall deem best suited for the promotion of the purpose of the testator, anything herein contained to the contrary notwithstanding." Now it would be sufficient to remark, that...
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The Washington Sketch Book

Viator - Washington (D.C.) - 1864 - 302 pages
...all funds not herein appropriated or not required for ike purpose specified, to make " such disposal as they shall deem best suited for the promotion of the purpose of the testator." These are the ACTITE OPERATIONS. A division at once arose in the Board of Regents, between those who...
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Supplement to the Cyclopędia of American Literature: Including Obituaries ...

Evert Augustus Duyckinck - American literature - 1866 - 180 pages
...among so many instrumentalities of human culture as presented themselves, no small discretion must bo left to the regents of adapting their policy, within...for the promotion of the purpose of the testator." Hencelhe plan adopted in 1847, as before noticed, of dividing the income equally between the active...
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The Smithsonian Institution: Documents Relative to Its Origin and History

Smithsonian Institution - 1880 - 1058 pages
...Board, as to all funds not required for the above special purposes, to make of them " such disposal as they shall deem -best suited for the promotion of the purpose of the testator." In obedience to the requirements of the charter, which -leaves little discretion in regard to the extent...
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A Memoir of Joseph Henry: A Sketch of His Scientific Work. Read Before the ...

William Bower Taylor - 1880 - 324 pages
...of the Act, the Board of Regents were authorized to expend the remaining income of the endowment " as they shall deem best suited for the promotion of the purpose of the testator." Out of an annual income of some 40,000 dollars, the Regents in full accord with their Secretary (whose...
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Smithsonian Miscellaneous Collections, Volume 17

1880 - 1050 pages
...required for the purposes herein provided, the said managers are hereby authorized to make such disposal as they shall deem best suited for the promotion of the purpose of the testator." Here is a scheme of appropriation which would exhaust the income if it were three hundred thousand...
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