Copy letter from Francis Alexander Towle, Assistant Secretary of the Royal Society; to Professor [Owen Willians] Richardson, FRS Contains an underlined heading titled 'Yarrow Professorship'. Replies that the treasurer has been consulted and agrees with Richardson that King's College should transfer policies totalling £67. 10. 0. to the Royal Society. Gives a list of the policies. States that a endowment policy should be taken with the Clerical, Medical and General Company fot the increment £82. 10. 0. Contains a faint handwritten note which reads ['I take it the policies will fit in the ways of the Royal Society, ... ... ... with ... of the Yarrow and Foulerton Professors']. 1 August 1924