Income, how devoted.

of the supreme court of the state of New York, on the application of either of the trustees, or a majority of the council of the "Associates of the Cooper Union for the Advancement,of Science and Art," on notice to him of application for such removal; and a trustee may resign his office, and thereupon he shall cease to be a trustee upon the election of his successor.

FOURTH. The premises above mentioned and described and the appurtenances, including all future endowments made to the party hereto of the second part, the appropriation of which shall not be specially provided by the parties making the same, and all money and property which shall at any time belong to the party hereto of the second part, and all the rents, income, issues and profits thereof, shall be devoted to and among the following objects and purposes: the division and appropriation of such rents, income, issues and profits to and among such objects and purposes being left discretionary with the board of trustees provided for as aforesaid, and it being left discretionary with such board when and to what extent they shall carry out any of such objects and purposes, save and excepting that the course of instruction on social and political science, hereinafter provided for, shall have the preference over all the other objects of expenditure specified herein, in case there shall not be means adequate for them all, and shall forever stand preeminent among them.

1. To regular courses of instruction, at night, free to all who shall attend the same, under the general regulations of the trustees, on the application of science to the useful occupations of life, on social and political science, meaning thereby not merely the science of political economy, but the science and philosophy of a just and equitable form of government, based upon the great fundamental law that nations and men should do unto each other as they would be done by, and on such other branches of knowledge as in the opinion of the board of trustees will tend to improve and elevate the working classes in the city of New York.

2. To the support and maintenance of a free reading room, of galleries of art, and of scientific collections, designed, in the opinion of the board of trustees, to improve and instruct those classes of inhabitants of the city

of New York whose occupations are such as to be calculated, in the opinion of the said board of trustees, to deprive them of proper recreation and instruction.

3. To provide and maintain a school for the instruction of respectable females in the arts of design, and. in the discretion of the board of trustees, to afford to respectable females instruction in such other art or trade as will tend to furnish them suitable employment.

4. As soon as, in the opinion of the board of trustees, the funds which shall from time to time be at their disposal, will warrant such an expenditure, such funds shall be appropriated to the establishment and maintenance of a thorough polytechnic school; the requirements to admission to which shall be left to the discretion of the said board of trustees, and shall be specifically determined by them from time to time; and which school shall, as far as possible, and as soon as possible, be made equal to the best technological schools now established or hereafter to be established. Until the funds at the disposal of the board of trustees shall be sufficient, in the opinion of the said board of trustees, for the establishment of such polytechnic school, the said board of trustees may furnish with rooms and accommodation for such school, and may assist in the maintenance thereof, the department of public instruction of the city of New York, the trustees of any college or university, or any other body, individual or individuals.

5. To provide rooms, in the judgment of the board of trustees, suitable for the offices of a society to be organized as provided in the act hereinbefore specially referred to, and to be called "The Associates of the Cooper Union for the Advancement of Science and Art," and to furnish to such society for its general meetings on one evening of each week, the great hall of the building, if the council of the said society shall require it so often.

FIFTH. The above mentioned and described premises shall be forever subject to the visitation and examination, at all reasonable hours, of the council of the said society so to be organized and to be called the "Associates of the Cooper Union for the Advancement of Science and Art," the terms and conditions of membership of which shall from time to time be prescribed by the board of trustees of the party of the second part; which said soci

Vacancies.

Ib. how filled.

Neglect, sufficient cause for removal.

ety shall make all rules and regulations for its own conduct and government, subject, however, to the approval of the board of trustees of the party hereto of the second part, and shall pay to the said board of trustees for the general uses, intents and purposes of the corporation hereby created, hereby and in the said act, and any acts amendatory thereof, provided or to be provided, all fees received on the initiation into said society of the members thereof; and the said board of trustees shall consider such suggestions of the council of the said society as shall from time to time be communicated to them, and shall adopt such of them as in their judgment may be practicable and expedient, and calculated to increase the usefulness of the institution herein contemplated.

SIXTH. Upon the happening of any vacancy in the board of trustees above provided for, which is above provided to be filled by election, unless such vacancy shall be filled as herein provided within one year of the time when such vacancy shall occur, the same may be filled at any time before it shall be actually filled by the board of trustees, by the said council of the said "The Associ ates of the Cooper Union for the Advancement of Science and Art," by election in such manner as may be provided by the by-laws of the said society.

SEVENTH. Whenever a vacancy shall occur in the said board of trustees, to be filled by them by election as above provided, such election shall be held at a meeting of the said board of trustees, on and only on previous notice given at and entered in the minutes of at least one preceding regular meeting of such board, stating the meeting at which such election shall be held; and at such meeting, or at any regularly adjourned meeting from that meeting, such election shall be held by ballot, and the person first having three of the votes cast shall be the trustee to fill such vacancy, provided that if such person so elected shall decline to act as such trustee, by so declining the vacancy filled by his election shall be deemed to be again created.

EIGHTH. Neglect by a trustee of his duties as such, indicated by his absence, without excuse or permission of the board of trustees, from three successive regular meetings of the board, shall always be a sufficient cause, among others, for the removal of a trustee.

building be

new one to

NINTH. In the event of the partial destruction of the Should building now erected upon the above mentioned and destroyed, described premises, the injury thereby occasioned shall be erected. be repaired by the board of trustees. In the event of the entire destruction of said building the board of trustees shall, unless as next hereinafter provided, re-erect a building suitable for the objects and purposes herein above enumerated, with any funds at their disposal, whenever such funds shall be sufficient in their opinion. for that purpose; and until the funds at their disposal shall be sufficient for that purpose, such funds shall be securely invested in the name of the party hereto of the second part, and the above mentioned and described premises may be used or disposed of by the board of trustees for any temporary purpose calculated to yield the largest income.

destroyed,

trustees may convey

premises chase other

and pur

premises.

TENTH. In the event of the entire destruction of the If building building erected upon the above mentioned and described be entirely premises, the board of trustees may, at their option, with the consent of the supreme court, sell and convey, and they are hereby empowered to sell and convey, the said premises with such consent, and with the proceeds of such sale and conveyance, and any other funds at their disposal, the said party hereto of the second part shall purchase such other premises as shall in their judgment be suitable, and shall thereon erect a building suitable for the objects and purposes hereinbefore enumerated, and to such premises all the restrictions, provisions and conditions hereof shall apply with like effect as if said premises were the premises herein granted and conveyed as aforesaid.

ELEVENTH. The party hereto of the second part is Premises hereby expressly forbidden ever to mortgage the above may not be mentioned and described premises, or any part thereof.

mortgaged.

obligations

TWELFTH. The board of trustees shall not contract Pecuniary any pecuniary obligations for any current year, save such may not be as the revenues, rents and income of such year, to be at contracted. their disposal, with five thousand dollars, or such smaller sum as will be the difference between five thousand dollars and the amount of any existing indebtedness at the commencement of such year, if there be such existing indebtedness, added thereto will suffice to pay; it being the express intention of this provision that the said party

Trustees to

ally liable.

of the second part shall never be in debt more than five Exception. thousand dollars, excepting only indebtedness incurred for any year in anticipation of the revenues, rent and income of such year; and for any debt incurred beyond be person the above restriction and limitation, the said corporation shall not be liable, but the trustees shall be personally liable: provided that no trustee shall ever be responsible for or upon any debt, against incurring which he shall have voted when the board of trustees shall have determined to incur the same, or against incurring which he shall have made to the board of trustees, and filed with them, a written remonstrance to incurring such debt at any time before the contract is made by which the same is to be incurred.

Matters

relating to

may be published.

be kept.

Religious

tenets not

THIRTEENTH. Every trustee of the party of the second institution part shall be at all times at liberty, in his discretion, freely to publish any matter within his knowledge relating to the institution herein contemplated, or to its management in any respect, including any discussions in the board of trustees, and shall fully disclose the same whenever required either by the supreme court or by either branch Minutes to of the legislature. Full minutes shall be kept by the said board of all their proceedings, and the ayes and noes shall be recorded on any vote on the request of any member. Neither the said board of trustees, nor any member to be taken thereof, shall in any way take into account any religious tenet or opinion of any professor or teacher, or of any candidate for any office in said institution, on any appointment to or removal from such office, nor of any student applying for admission into said institution, or competing for any of its honors or advantages; nor shall they permit any professor or teacher in said institution to make any discrimination among its students on account of their Information religious tenets or opinions. And the board of trustees, and each member thereof, shall at all times furnish any information in respect to their funds, revenues and proceedings, which the legislature may require.

into account

to be furnished.

In witness whereof, the said parties hereto of the first part have hereunto set their hands and seals the day and year first above written.

In presence of

And to, for and upon such other uses, intents and purposes, and upon such other trusts, and subject to such