The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-01-05
"The Carnegie Institution" Incorpor-
ated by Secretary OF state Hay and
other WeIl-Known Men.
GREAT PUBLIC BENEFACTION
TEN MILLIONS FOR PROMOTING
ORIGINAL RESEARCH IN SCIENCE.
Money to Be Invested i'm Securities
That VIII Produce Greater In
come Than Government Bonds.

WASHINGTON, Jan 4.-Secretary Hay
and a number of gentlemen interested in
the Carnegie project of national university
met at the State Department to-day and
formed an incorporation known as THE
Carnegie Institution" 1t is understood that
Mr.. Carnegie has removed the obstacles
that existed to the acceptance of his s10,-
100000 donation to the cause of education,
and to-day's action was the first step to-
ward giving legal form and substance to
the proposition.
Besides Secretary Hay, the incorporators,
all of whom were present at to-days meet
ing. are Edwin D. White, justice of the Su-
preme Court; D. c. Gilman, late president
of Johns Hopkins University; Charles d.
Walcott. superintendent of the geological
survey; John S. Billings, ex-surgeon gem
eral of the navy. and Carroll d. Wright
commissioner OF labor. Marcus Baker, of
the coast survey, was also present, not as
an incorporation. but charged with the prep
aration Of the articles of Incorporation. The
meeting consumed about hour. There
was an indisposition on the part of those
present to enter into details of the project,
based on desire to allow Mr.. Carnegie
himself to make the public announcement
negie Institution were filed with the rec
order of deeds in this city later in the day.
The articles nix the name and title of the
institution as the Carnegie Institution and
show that it is organized for "a perpetual
term" Its objects are the promotion of
study and research, the power to acquire
hold and convey real estate and other
property and TO establish general and spe-
cial funds; TO assist Investigations in
science, literature or art, TO cooperate
with governments, universities, colleges,
technical schools. learned societies and in
dividuals; to appoint committees of ex-
perts TO direct special lines of research.
publish and distribute documents, conduct
lectures and hold meetings, acquire and
maintain a library and in general TO do and
perform all things necessary TO promote
the objects OF said institution. The affairs,
funds and property of the corporation will
De in general charge OF a board of trustees,
10 consist during the first year of twenty
members. except by a three-fourths vote
of the board. The preamble of the articles
of incorporation sets forth as follows:
1--WE. the undersigned persons. of full age
and citizens of the United States. and a
majority of whom are citizens of the Dis
trict OF Columbia. being desirous to estab-
lish and maintain in the city OF Washing
ton. in the spirit of Washington, an insti-
tuition for promoting original research in
science, literature and art do hereby as
sociate ourselves as body corporate for
said purpose, under act to establish a
code of law for the District or Columbia,
approved March 3. 1901. Sections 500 TO 604
inclusive
In pursuance of that act the provisions
and purposes already mentioned are certi-
fed briefly in four articles. The meeting
to-day, at which the Incorporation crystal
lied was the result of a number of in
formal conferences that have been held by
the incorporators, who were selected per-
sonally by Mr.. Carnegie. The definite
form i'm which the gift of Mr.. Carnegie Will
he made has not been announced, although,
according 10 those interested in the project
IL will be I'm a shape generally satisfactory.
IL is understood that IL will be In the form
OF gilt-edged securities, but not OF govern