ROYAL HORTICULTURAL SOCIETY. 517 



1st clause of the said therein-recited Agreement (being the clause Th 

 secondly mentioned in the recital herein-before contained of such H 

 Agreement) undertaken to be done by them, and in and about ^^ 

 which such original sum of £50,000 is required by that clause to m 

 be expended, and that the Commissioners may at any time before 

 the 1st day of January, 1864, lay out and expend such sum or 

 sums of money as they may think fit, not exceeding in the whole 

 the sum of £10,000, in addition to the original sum of £50,000 

 in the clause in the said Agreement now in recital referred to as 

 clause -i of the said therein-recited Agreement (being the clause 

 thirdly mentioned in the recital hereinbefore contained of such 

 Agreement) mentioned in and about such works, matters, and 

 things as by that clause are undertaken to be done by them, and in 

 and about which the same sum of £50,000 is required by that clause 

 to be expended by them, and further that in case both or either 

 of the parties thereto should think fit to make any such outlay, 

 such parties respectively or party shall have no claim or demand 

 against the other of them or against the gardens, or against the 

 receipts from the gardens, save and except as thereinafter men- 

 tioned; videlicet, that with a view to compensate such parties 

 respectively, or party in some degree for such additional outlay, 

 the following alterations should be made in the said therein 

 recited Agreement and in the lease to be granted pursuant 

 thereto, videlicet, the 14th clause (which provides for the applica- 

 tion and disposition of "the receipts from the gardens," as 

 hereinbefore mentioned), shall be altered and amended as follows, 

 viz. :— Out of the gross amount of the receipts from the gardens 

 there shall be first retained by the said Soeiety such a sum as 

 shall from time to time be allowed by the Expenses Committee, 

 mentioned in the therein and first herein-recited Agreement 

 in respect of the expenses mentioned in the said Agreement now 

 in recital, being the same expenses as in the said therein and 

 first herein-recited Agreement are directed to be first retained by 

 the said Society from and out of " the receipts from the gardens." 

 2ndly. There shall be then retained by the said Society out of 

 such receipts the amount which may be from time to time pay- 

 able by the said Society in respect of interest not exceedmg 

 £5 per cent, per annum, on the sum of £40,000 originally borrowed 

 or agreed to be borrowed by them on debentures as aforesaid and 

 on any further sum or sums they may borrow and expend in 

 accordance with clause 1 of the Agreement now «i recital, not 

 exceeding £10,000, or on so much of the ongmal and additional 



