What is "to exhibit a foundation or prize"

Exhibit \Ex*hib"it\, v. t. [imp. & p. p. Exhibited; p. pr. & vb. n. Exhibiting.] [L. exhibitus, p. p. of exhibere to hold forth, to tender, exhibit; ex out + habere to have or hold. See Habit.]

1. To hold forth or present to view; to produce publicly, for inspection; to show, especially in order to attract notice to what is interesting; to display; as, to exhibit commodities in a warehouse, a picture in a gallery.

   Exhibiting a miserable example of the weakness of mind and body.
   --Pope.

2. (Law) To submit, as a document, to a court or officer, in course of proceedings; also, to present or offer officially or in legal form; to bring, as a charge.

   He suffered his attorney-general to exhibit a charge of high treason against the earl.
   --Clarendon.

3. (Med.) To administer as a remedy; as, to exhibit calomel.

   To exhibit a foundation or prize, to hold it forth or to tender it as a bounty to candidates.

   To exibit an essay, to declaim or otherwise present it in public. [Obs.]