Under the terms of a gift made by Mr. Walter Scott, formerly of Boston, as published in General Orders No. 95, dated December 29, 1922, bonds of the par value of two thousand dollars ($2000) were deposited with the Treasurer of the City of Boston, to be held in perpetual trust, and the annual income therefrom to be used in the purchase of solid gold medals to be known as the “Walter Scott Medal for Valor.” It was further stipulated that one-half of the net income thereof annually be paid to the Fire Commissioner of the City of Boston for the purchase of such gold medal, to be presented by him to the fireman who, in his judgement, has during the calendar year specially distinguished himself for valor in the performance of his duty as a fireman. This award shall be made on or about the first of February each year unless, in the opinion of the Fire Commissioner, there is no fireman entitled to receive such a medal. The first award of the Walter Scott Medal for Valor was made for an heroic act performed in 1922.
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