Chapter XII - 1451k - the University Offices - University of Cambridge

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812 TRUST EMOLUMENTS Studentships. Unexpended income. 2. The first charge on the income of the Fund shall be the provision of such number of Elmore Medical Research Studentships as the Managers shall determine, the holders of which shall devote themselves to research in medicine or in some branch of the medical sciences at or from the University. 1 The value of any Studentship shall be determined by the Managers within a range approved from time to time by the Council. After provision has been made for payments to the Student or Students the Managers may from the income of the Fund make such grants as they consider appropriate in respect of expenses incurred in connection with the research undertaken by Students, for purposes associated with their work. 3. From unexpended income accumulated in the Fund the Managers may make grants for the support of study or research in the field of medical education or research within the University, and in particular within the School of Clinical Medicine or within the Faculty of Biology. ENGINEERING ENDOWMENT FUND The moneys donated in response to an appeal made on behalf of the Department of Engineering, the details of which were announced in the Reporter of 23 January 1950 (p. 658), shall form a fund to be called the Engineering Endowment Fund, the income of which shall be expended, at the discretion of the Head of the Department of Engineering, for the general purposes of that Department. Title. Application of income. Unexpended income. SIXTH EARL OF ENNISKILLEN FUND 1. The sum bequeathed to the University for the sole benefit of the University Library by Nancy Henderson Cole, Dowager Countess of Enniskillen, in memory of her late husband, David Lowry Cole, B.A., of Trinity College, Sixth Earl of Enniskillen, shall form a fund called the Sixth Earl of Enniskillen Fund. 2. The income of the Fund shall be applied at the discretion of the Library Syndicate for the purchase of books for the University Library in any of the following subjects: history, military science, horticulture, dendrology, botany, zoology, agriculture, animal husbandry, wild animals, the natural world, outdoor sport, great paintings, great literature, great statesmen of the Western world, conservation, and finance. A book plate shall be affixed to each book so purchased recording that it was purchased from the Fund. 3. Unexpended income shall not be added to the capital of the Fund but shall be accumulated for use as income in subsequent years. Fund and purpose. Managers. Lecture. KEITH ENTWISTLE MEMORIAL FUND 1. The sums subscribed in memory of Keith Entwistle, B.A., Vet.M.B., of Pembroke College, who died on 19 August 1959, shall form a Keith Entwistle Memorial Fund, for the encouragement of study and research in Veterinary Medicine. 2. The Fund shall be administered by five Managers, who shall be the Head of the Department of Veterinary Medicine, the Secretary of the Department of Veterinary Medicine, the Professor of Veterinary Clinical Studies, and the President and Secretary of the Cambridge University Veterinary Society. 3. The income of the Fund shall be applied to support a Keith Entwistle Memorial Lecture. The Lecturer shall be appointed each year by the Managers, and shall deliver one lecture in the Department of Veterinary Medicine. 4. The Lecturer shall receive, from the income of the Fund, such sum as shall be determined by the Managers, within a range approved from time to time by the Council. 1 ‘Research from the University’ means research pursued elsewhere than at the University during the tenure of a Studentship.
FUNDS, STUDENTSHIPS, PRIZES, LECTURESHIPS, ETC. 813 ERSKINE CHAMBERS PRIZE FOR COMPANY LAW 1. The sum received annually from Erskine Chambers shall be applied in equal amounts as follows: (a) to provide a prize called the Erskine Chambers Prize for Company Law, which shall be awarded annually by the Examiners for Part II of the Law Tripos, for the best first class performance in the Company Law paper in that examination; and (b) towards the purchase of books for the Squire Law Library. 2. If in any year the Prize is not awarded, the unexpended income for that year shall be applied for the purpose specified in paragraph 2(b) above. Prize and how awarded. Unexpended income. ESTATE MANAGEMENT DEVELOPMENT FUND By Grace 1 of 28 January 1956 the University accepted the offer made on behalf of Mr Harold Samuel, Chartered Surveyor, to provide an Estate Management Development Fund, to be held in trust for the furtherance in the University of research and study in estate management at the discretion of Managers. 1 The terms of the Trust were specified in a letter, dated 24 October 1955, from Mr B. G. K. Allsop, Chartered Surveyor, to the Vice-Chancellor, which is reproduced below. By Grace 4 of 3 November 1962 the University suppressed the Department of Estate Management and dissolved the Board of Estate Management and established in their place a Department and a Board of Land Economy. When interpreting the terms of the Trust, references to the Department of Estate Management and to the Board of Estate Management shall therefore be deemed to be references respectively to the Department of Land Economy and the Board of Land Economy. 1. Mr Samuel is willing to enter into a covenant with the University to make seven annual payments of £35,700 (less income tax at the standard rate current at the date of payment) to provide a fund to be called the Cambridge University Estate Management Development Fund. This will produce a total of about £250,000. 2. The Fund shall be administered by Managers. There shall be four Managers, Mr Noël Dean, Mr E. P. Weller, Mr T. C. Thomas and myself. When I cease to be a Manager this number shall be increased to five as described below. 3. Upon the death or resignation of Mr Dean or Mr Weller they shall be succeeded respectively by the Head of the Department of Estate Management and the Chairman of the Board of Estate Management, each ex officio, and upon the death or resignation of Mr Thomas or Mr Allsop they shall be succeeded respectively by a person nominated by the General Board of the Faculties and two persons nominated by the President of the Royal Institution of Chartered Surveyors, each appointed by the Board of Estate Management for a period of four years and to be eligible for reappointment. 4. The Managers shall regulate their own procedure, subject to the following provisions. They may pay out of the Fund their own expenses and all other expenses, costs, and charges which they deem necessary in connection with the administration of the Fund. 5. The Fund shall be held upon trust for the furtherance in the University of Cambridge of research and study in Estate Management at the discretion of the Managers. Without prejudice to the exercise of that discretion, or to the generality of the foregoing provisions, the objects for which it may be used shall include the establishment of offices and posts, scholarships, and research studentships, and the provision of buildings and equipment. 6. The Managers shall decide from time to time after consultation with the Board of Estate Management what part of the Fund shall be available as income and what part shall be invested and used as capital. 7. On the recommendation of the Board of Estate Management and subject to any approval required by the Statutes and Ordinances of the University, the Managers may from time to time authorize expenditure of income or capital from the Fund. 8. The Fund, or any part of it, may from time to time be invested in the name of the Chancellor, Masters, and Scholars of the University of Cambridge in such manner as the Managers shall think fit, and the Managers shall have power to vary or realize such investment at their discretion. EVANS FUND 1. The capital and income of the Evans Fund, which was established under the Will of the late Ivor Hugh Norman Evans, M.A., of Clare College, is held by the National Westminster Bank (hereinafter called the Trustees) 2 and is to be applied as the Advisory Committee specified in Regulation 2 shall from time to time think fit for the purpose of furthering research in anthropology and archaeology 1 See Harold Samuel Studentships, p. 931. 2 Pursuant to a Deed of Retirement and Appointment of new Trustees dated 24 March 2009 the University has been appointed as sole Trustee in place of the bank. Title and purpose.
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Chapter XII - 1451k - the University Offices - University of Cambridge

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