_9mo._ The managers are never, on any pretext, or in any manner whatever, to dispose of any money or property of any kind belonging to the Institution in _premiums_, as the design or object of the Institution is NOT TO GIVE REWARDS to the authors of ingenious inventions, but to _diffuse the knowledge of such improvements as bid fair to be of general use_, and to facilitate the general introduction of them; and to excite and assist the ingenious and the enterprising by _the diffusion of science_, and by awakening a spirit of inquiry. _10mo._ The ordinary meetings of the managers for the despatch of the current business of the Institution will be held weekly--namely, on every [space], at the hour of [space],--and extraordinary meetings will be held as often as shall be found necessary. _11mo._ Any three or more of the managers being present at any ordinary or at an extraordinary meeting, the others having been duly summoned, to be a quorum. _12mo._ The managers will be authorised to make all such standing orders and regulations as they shall deem necessary to the preservation of order and decorum in the Institution, as also such regulations respecting the manner of transacting the business of the Institution as they shall think proper and convenient, or that may be necessary in order to regulate the responsibility of the managers for their acts and deeds; all such standing orders and regulations must, however, in order to their being valid, be approved by six at least of the managers, and they must all be published and made known to all the proprietors. OF THE COMMITTEE OF VISITORS. _1mo._ The Committee of Visitors will be composed of _nine_ persons, the first set to be elected three months after the opening of the Institution. _2do._ Three persons of the nine of which this Committee will consist will be chosen for _three years_, three of them to serve _two years_, and three of them to serve _one year_, reckoned from the 25th of March, 1799. _3tio._ Any three or more of the members of this Committee being present at any meeting of the Committee, the others having been duly summoned, to make a quorum.