Page:History of the University of Pennsylvania - Montgomery (1900).djvu/51

and laying a Foundation for Posterity to erect a Seminary of Learning more extensive and suitable to their future Circumstances; An Academy for teaching the Latin and Greek Languages, the English Tongue grammatically, and as a Language, the most useful living foreign Languages, French, German, and Spanish: As matters of Erudition naturally flowing from the Languages, History, Geography, Chronology, Logick and Rhetorick; Writing, Arithmetick; the several Branches of the Mathematicks; Natural and Mechanic Philosophy; Drawing in Perspective; and every other Part of Useful Learning and Knowledge, shall be set up, maintained and have Continuance within the City of Philadelphia, in manner following. Twenty-four Persons, To wit, James Logan, Thomas Lawrence, William Allen, John Inglis, Tench Francis, William Masters, Lloyd Zachary, Samuel McCall, junior, Joseph Turner, Benjamin Franklin, Thomas Leech, William Shippen, Robert Strettell, Philip Syng, Charles Willing, Phineas Bond, Richard Peters, Abraham Taylor, Thomas Bond, Thomas Hopkinson, William Plumstead, Joshua Maddox, Thomas White, and William Coleman, of the City of Philadelphia, shall be Trustees to begin and carry into Execution this good and pious Undertaking, who shall not for any Services by them as Trustees performed, claim or receive any Reward or Compensation; which number shall always be continued, but never exceeded, upon any Motive whatever.

When any Trustee shall remove his Habitation far from the City of Philadelphia, reside beyond Sea, or die, the remaining Trustees shall with all convenient speed, proceed to elect another, residing in or near the City, to fill the Place of the absenting or deceased Person.

The Trustees shall have general Conventions once in every Month, and may, on special Occasions, meet at other Times on Notice, at some convenient Place, within the City of Philadelphia, to transact the Business incumbent on them; and shall, in the Gazette, advertize the Time and Place of their general Conventions.

Nothing shall be transacted by the Trustees, or under their Authority, alone, unless the same be voted by a Majority of their whole Number, if at a general Convention; and if at a special Meeting, by a like Majority, upon personal Notice given to each Trustee, at least one Day before, to attend.

The Trustees shall at their first Meeting elect a President for One Year, whose particular Duty it shall be, when present, to regulate their Debates, and state the proper Questions arising from them, and to order Notices to be given of the Times and Places of their special Conventions. And the like Election shall be annually made, at their first Meeting, after the Expiration of each Year.

The Trustees shall annually choose one of their own Members for a Treasurer, who shall receive all Donations, and Money due to them, and