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NEW-YORK HISTORICAL SOCIETY.

FOUNDED 1804.

THE PUBLICATION FUND.

THE NEW-YORK HISTORICAL SOCIETY has established a fund for the regular publication of its transactions and Collections in American History. Publication is very justly regarded as one of the main instruments of usefulness in such institutions, and the amount and value of what they contribute to the general sum of human. knowledge through this agency, as a just criterion of their success.

To effect its object, the Society proposed to issue One Thousand Scrip shares of TWENTY-FIVE DOLLARS each. Each share is transferable on the books of the Fund, in the hands of the Treasurer, and entitled the holder, his heirs, administrators or assigns, to receive:

I. INTEREST-Until the Fund was complete, or sufficient, in the opinion of the Trustees, to enable the publications to commence without impairing the principal thereof, interest on the par value of his share or shares at the rate of five per cent. per annum.

II. PUBLICATIONS-One copy of each and every publication made at the expense of the Fund, amounting to not less than one Octavo Volume of five hundred pages per annum.

The number of copies of these publications is strictly limited to TWELVE HUNDRED and FIFTY-of which the Society receives for corresponding Societies and exchanges for the increase of the Library, TWO HUNDRED and FIFTY Copies-but no copies are offered for sale or disposition in any other manner by the Society.

The conditions of subscription included a pledge on the part of the Society that the moneys received should be applied for these purposes, and no other, and be invested solely in stocks of the United States, the City and State of New-York, or on bond and mortgage, and be held forever by the President, Recording Secretary, and Treasurer of the Society, as Trustees (ex-officio) of the Publication Fund.

The first proposals for the establishment of this Fund were issued in 1858. Received with much less interest on the part of the members than was expected, its total amount up to 1865 was so small as to suggest the necessity of abandoning the scheme and returning the amount of subscriptions and interest to the subscribers. An earnest effort, however, in that year brought up the amount to a point which gave the assurance of ultimate and not distant success.

Admonished by the universal change of values, which has taken place within the past few years, and the necessity of increasing the aniount of the Fund, the Society determined to terminate the issue of shares at the original price, and to double the price of the remaining shares. Other measures are in view which promise to enhance the value of the shares without failure in the full discharge of every obligation to the shareholders, who will receive all its benefits without any additional contribution to the increased Fund.

Under the authority and direction of the Executive Committee, the series of publications began with the volume for the year 1868.

Interest still due upon any shares to January 1, 1868, will be paid to shareholders on application to the Secretary to the Trustees at the Library of the Society, Second Avenue, corner of Eleventh Street, where the volume for the current year is also ready for distribution.

FREDERIC DE PEYSTER,

ANDREW WARNER,

BENJAMIN H. FIELD,

Trustees.

GEORGE H. Moore,

Secretary to the Trustees.

**Any person desiring to procure these publications, may pur chase a share in the Publication Fund, by enclosing a check or draft for FIFTY DOLLARS, payable to the order of BENJAMIN H. Field, Treasurer of the New-York Historical Society, for which the certificate will be immediately transmitted, with the volumes already published, as the purchaser may direct.

Address GEORGE H. MOORE, Librarian of the Historical Society, Second Avenue, corner of Eleventh St., New-York City. NEW-YORK, December 1875.

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69. H. G. LAWRENCE, N. Y. City. 112. S. WHITNEY PHOENIX, N. Y. City

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90. JoпN E. WOOL, Troy.

91. JOHN P. TREADWELL, New Mil-134. ANDREW J. SMITп,

ford, Conn.

92. ISAAC FRYER,

135. MATHIAS BLOODGOOD,

N. Y. City. 136. J. ROMEYN BRODHEAD,

137. JNo. A. MCALLISTER, Phila., Pa. 138. NATH. W. HUNT, N. Y. City. 139. THEO. S. PARKER, Hoboken, N.J. 140. WILLIAM M. BROWN, N. Y. City. 141. AND. BROWN, Middleton, N.J. 142. JOSEPH B. VARNUM, N. Y. City 143. CHARLES B. COTTEN,

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129. GEORGE T. JACKSON,
130. JOHN A. ANDERSON,
131. CHARLES P. DALY,
132. EVERT A. DUYCKINCK, 66
133. HENRY C. CARTER,

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124. J. B. BRIGHT, Waltham, Mass.

125. Robert L. STUART, N. Y. City
126. SAME,

127. ALEXANDER STUART,
128. SAME,

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