132 THE EARLY HISTORY OF [CHAP. III. 



12 wo. The managers will be authorised to make all 

 Biich standing orders and regulations as they shall deem 

 necessary to the preservation of order and decorum in the 

 Institution, as also such regulations respecting the manner 

 of transacting the business of the Institution as they shall 

 think proper and convenient, or that may be necessary in 

 order to regulate the responsibility of the managers for 

 their acts and deeds ; all such standing orders and regula- 

 tions must, however, in order to their being valid, be 

 approved by six at least of the managers, and they must 

 all be published and made known to all the proprietors. 



OF THE COMMITTEE OF VISITORS. 



~Lmo. The Committee of Visitors will be composed of nine 

 persons, the first set to be elected three months after the 

 opening of the Institution. 



2do. Three persons of the nine of which this Committee 

 will consist will be chosen for three years, three of them to 

 serve two years, and three of them to serve one year, reckoned 

 from the 25th of March, 1799. 



3tio. Any three or more of the members of this Committee 

 being present at any meeting of the Committee, the others 

 having been duly summoned, to make a quorum. 



4ito. It will be the business of this Committee formally to 

 inspect and examine the Institution, and every part and 

 detail of it, once every year namely, on the 25th day of 

 the month of March and to give a printed account or 

 report to the proprietors, and to the subscribers of all deno- 

 minations, of its state and condition, and of the degree and 

 manner in which it is found to answer the important ends 

 for which, it was designed. This Committee will also once 

 every year namely, on the 25th of the month of March 

 examine and audit the accounts of the receipts and ex- 

 penditures of the Institution kept by the managers or by 

 their orders ; and the report of the Committee of Visitors 





