Benefac tions of Jand or tythes.

Benefac

tion of a

meet the benefaction or benefactions of land or tythes, the incumbent is directed to propose to the Secretary of the Governors the names of three beneficed Clergymen of the Diocese, and of three laymen, to be inserted in a commission of enquiry as to the value and other particulars of the land or tythes proposed to be given by the benefactor, which commission is then issued with queries similar to those when a purchase is proposed. If the return to the commission proves to the Governors that the estate proposed to be given is of the value represented, and is in all respects eligible, the same is approved, of which the Incumbent is informed, and the Secretary then sends the commission with the return thereto, to the Solicitors of the Governors, whose duty it is (at the expence of the Corporation) to examine into the title, and if that is found good, to prepare the benefaction deed.

And if the Governors agree to meet the benefaction. yearly sti- of a rent-charge of 157., the Incumbent is informed rentcharge. thereof, and is referred to the Governors' Solicitor for

pend or

The Governors do not

benefaction

further directions, whose duty it is to see that the same be properly secured. When the deeds, conveying the estate or securing the rent-charge given by way of benefaction, are completed, or the lease securing the rent charge is produced, the sum agreed to be given to meet the benefaction is directed to be appropriated to the living.

It is to be observed that the Governors do not in meet a less any case meet a less benefaction than 2001., or the than 2001. value thereof in lands or tythes; nor a rent-charge of less annual amount than 157.; nor in case a sum between 200l. and 400l., or a rent charge between 157. and 301. is offered, will they meet the same with a

in money,

or that

value in

land or

tythes,

nor than

a stipend

of less

than 15%

per ann.

larger sum than if only 200l., or a rent charge of 15. was offered. Each separate sum of 200l., or a rent charge of 157., is a separate benefaction, and may be met, if the living is fitly qualified as to population and other circumstances, with the sum of 2001. out of the original Fund, or 300l. out of the additional Fund, until the living be augmented to the amount of 200l. per annum. Some incumbents who do not reside or perform their own duty prefer to have a benefaction met with 2001. out of the Royal Bounty, rather than with 300l. out of the Parliamentary grants; because in the one case they receive 2 per cent. interest, although they do not reside or perform their own duty; but in the other case, interest, (which is at the rate of 4l. per cent.) is allowed to those only who do reside or perform their own duty. A separate account of benefactions, An account given to the Governors from the time of the establish- tions by ment of the Corporation, to the end of the year 1825, is set with the names of the benefactors, is given in the Ap- Appendix. pendix.

of dona

benefac

forth in the

Interest on Augmentation Monies payable to Incumbents of small Livings, until the same are laid out in the purchase of Lands or Tythes, or otherwise.

The Governors allow to incumbents of livings, augmented by means of the Royal Bounty, interest at the rate of 21. per cent. per annum, whether they reside or perform their own duties or not.

And to the Incumbents of livings, augmented by lot

By lot out out of the first 100,000l. granted by Parliament, interest at the rate of 21. per cent.

of the 1st grant by Parliament 21. percent;

on account

of popula

benefac

tion out of

grants

And to the Incumbents of livings augmented by benefaction, or on account of population, out of the Partion, or by liamentary grants, interest at the rate of 41. per cent. the grant per annum; but no interest on augmentations out of the Parliamentary grants is paid to the Incumbents unless they produce a certificate that they either reside or perform their own duties in the form aftermentioned; in failure whereof, the interest is added to the principal from time to time.*

by Parlia

ment 41. per cent.

Documents to be exhi

The first time of receipt of interest by an Incumbent bited to the of a living, it is necessary for him to send to the Trea

Treasurer,

of interest.

on receipt surer, with the proper receipt, a certificate under the hand of his diocesan, or the registrar of the diocese, that he is the legal Incumbent, and the date of his collation, institution, or licence.

The form of receipt for interest on augmentations, by a lot out of the Royal Bounty, or by lot out of the Parliamentary grants (at 21. per cent.) and on account of Population (at 4l. per cent.) is as follows:

18

Received of J- P-, Esq. Treasurer of the Governors of the Bounty of Queen Anne, &c. the Sum of £, being half a year's interest, due at appropriated for the aug

last, of £

* The Governors have occasionally ordered interest on augmentations out of the Parliamentary Grants to be paid without the production of this certificate, upon applications made by Incumbents who have been rendered unable to reside or perform their duties by actual illness, or actual infirmity of mind or body, duly authenticated.

mentation of the of, in the County of ——, and Diocese of

A-B- Rector of

The form of receipt for interest on benefactions and augmentations by the Governors to meet the same, either out of the Royal Bounty fund (at 27. per cent.,) or out of the Parliamentary grants (at 41. per cent.) is as follows:

18- Received of J P—, Esq. Trea surer to the Governors of the Bounty of Queen Anne,

interest of the Governors'

-, to priated for the augmentation of the the County of, and Diocese of

A-B-Rector of

of residence or performance of

Where Incumbents are not entitled to interest, un- Certificate less they reside or perform their own duty, (that is, in all cases of augmentations out of the Parliamentary duty. grants,) a certificate in the following form must be sent to the Treasurer with the receipt:

certificate.

We do hereby Certify, that A-B- (Rector, Vicar, Form of or Perpetual Curate) of--, in the County of————, and Diocese of, resided on his said in the half year, ending for the time required by the Statute of the 57th Geo. III. Chap. 99 (or performed

*

* Or in the year and half, or such other period for which the interest may be due.

Directions when an

resides

part of the

year on two livings.

the duties of the said

in person, for an equal time in the said half-year, as the case may be). Witness our hands, the day of

18-.

C-D-Rector of.

E-F-Vicar of.

To be countersigned by the Diocesan.

Where an Incumbent resides for the space of nine

Incumbent months in a year, ending on the 31st day of December, partly on one and partly on some other living, and not less than four months on each, he will be entitled to the interest from the Parliamentary grants on the living which may happen to be augmented out of that fund. In such a case the interest will be paid yearly at Lady-day on a receipt being sent, all in the incumbent's hand-writing, with a certificate to the Treasurer, according to the following form:

Form of certificate where In

To the Governors of Queen Anne's Bounty. We hereby Certify, that A—, Rector, Vicar, or Percumbent petual Curate of B

resides

partly on one and partly on another living.

in the County of

and Diocese of and also Rector, Vicar, or Perpetual

of B- for the space of

Curate of C―, in the same County and Diocese, resided on (or performed the duty in person of his said months in the year ending on the 31st day of December last; and that he also resided on (or performed the duty in person of his said of C for the space of.