This  Fellowship  was  founded  in  1881,  by  Miss  Caroline  Talman,  of
New  York,  with  an  endowment  of  ten  thousand  dollars,  and  called,  in  mem-
ory of  her  father,  **  The  John  H.  Talman  Fellowship."

The  entire  income  of  the  endowment,  after  keeping  the  Talman  room
in  the  Seminary  properly  furnished,  is  to  be  paid  to  the  holder  of  the  Fel-
lowship in  quarterly  payments,  excepting  that,  during  a  vacancy  in  the  said
Fellowship,  it  is  to  be  added  to  the  endowment  or  paid  by  order  of  the
Dean  of  the  Seminary  to  some  necessitous  student  thereof,  who  on  Sundays
and  Holy  Days  shall  assist  the  Rector  of  the  Church  of  the  Beloved  Dis-
ciple in  its  services.
This  Fellowship  may  be  held  for  hve  years,  and  no  longer,  by  any  un-
married Graduate  of  the  Seminary  in  Holy  Orders,  who  shall  be  appointed
by  the  Faculty,  with  the  approval  or  on  the  nomination  of  the  Rector,  if
there  be  one,  of  the  Church  of  the  Beloved  Disciple  in  this  city ;  but  such
appointment  must  be  renewed  from  year  to  year  on  evidence  that  the
holder  of  the  Fellowship  is  fulfilling  the  purposes  of  the  endowment.
