NEW CHARTER OF THE ROYAL HORTICULTURAL SOCIETY. 409 
secondly mentioned in .the recital hereinbefore contained of such Agree- 
ment) undertaken to be done by them, and in and about which such 
original sum of £50,000 is required by that clause to 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 2 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 respec- 
tively 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 mentioned ; videlicet, that with a view to com- 
pensate 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 application and 
disposition of "the receipts from the gardens," as hereinbefore men- 
tioned), 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 Society 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." 
Secondly. There shall be then retained by the said Society out of such 
receipts the amount which may be from time to time payable by the said 
Society in respect of interest not exceeding £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 in 
recital, not exceeding £10,000, or on so much of the original and addi- 
tional sums as for the time being may have been raised and shall not have 
been paid off ; and, thirdly, there shall then be paid by the said Society 
to the said Commissioners, as rent, the yearly sum or sums therein and 
hereinafter in that behalf mentioned, if the receipts shall be adequate for 
such payment, after retaining to the said Society the sums authorised to 
be retained by them under the first and second heads of the present 
clause, but otherwise such a sum only as shall be equal from year to year 
to the residue of the receipts over and above the sums so in precedence, 
videlicet, if the Commissioners shall limit their outlay under clause 2 of 
the said therein and first herein-recited Agreement to £50,000, then the 
yearly sum of £2,145, only, but if under clause 2 of the Agreement now 
in recital they shall expend a larger sum, then an addition shall be made 
to such rent at the rate of £4. 5s. for every additional £100 which the 
