27B British Insiitutioii for pi omotlng the Fine Arts. 



■ VIIT. Of the anraial and life Sulscribers. 



1. Subscribers of five guineas a year or upwards, or of 

 fifty guineas or upwards in one sum, shall have personal 

 admission, and (he right of inlroducing two friends each 

 day to the exhibition and gallery. 



2. Subscribers of thrce'guineas a year, or of thirty gui- 

 neas in one sum, shall have personal admission, and the 

 right of introducing one friend each day to the exhibition 

 and gallery. 



3. Subscribers of one guinea a vear, or of ten guineas in, 

 one sum, shall have personal admission to the exhibitiou 

 and gallery. 



IX. Of the Treasurer. 



1. The ofilce of the treasurer is honorary, and without 

 emolument. He is not to keep any money of the institu- 

 tion in his own hands, but to leave It \\i\h the bankers 

 appointed by the directors. 



2. He is to pay such sums of money, and no other, as 

 shall be ordered bv the commi'tee of directors. 



3. He is to give security to the directors, with two pro- 

 per sureties, in the sum of 5000l. for duly accounting ior, 

 and paying into the bands of the bankers appointed by the 

 institution, or otherwise as the directors shall appoi!>t, 

 all monies that shall come to his hands, on account of the 

 institution. 



4. He shall keep a general cash-book of all his receipts 

 and pavments, which shall be laid on tlie table of the com- 

 mittee of directors, at all their meetings. 



3. He shall make up his accounts to the 31st day of De- 

 cember every year, and lay them before the managers, 

 aiinually, at their first meeting in the month of February 

 i^)llowing, in order to their being audited and laid before 

 the visitors, so as to be reported to the annual court. 



X. Of' the Offic-ers of tJie Institution. 

 The secretary, keeper, collector, and necessary attendants, 

 shall from time to time be appointed, and' their duties and 

 salaries fixed by the directors, and reported by them to the 

 general court. 



XI. Of the Receipt and Expenditure. 

 I. One moiety of all subscriptions of fifty guineas, or 

 upwards, together with all legacies, shall be permanently 

 invested in the public funds. Ther Q;her mgietv, together 

 with all other subscriptions and monies received, shall be 

 applicable to the payment of the annual expenses of the 



institution 



