Trustees Records, Vol. 1, 1835 (page 006)

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of the present debts due by the said Horticultural Society on
account of the said Garden and Cemetery, and after the estinguis-
hment of the said debts, the balance of the said proceeds and the proceeds
of all future sales shall annually, on the first Monday in every year, be
divided between the said Horticultural Society and the Corporation
created by this Act in manner following, namely, fourteen hundred
dollars shall be first deducted from the gross proceeds of the sales of
Lots during the preceding year for the purpose of defraying the Super-
intendent's salary and other incidental expenses of the Cemetery estab-
lishment, and the residue of the said gross proceeds shall be divided
between the said Horticultural Society, and the Corporation created
by this act, as follows, namely, one fourth part thereof shall be received
by and paid over to the said Horticultural Society on the first
Monday of January of every year, and the remaining three fourth
parts shall be retained and held by the Corporation created by
this Act, to their own use forever. And if the sales of any year shall
be less that fourteen hundred dollars, then the deficiency shall be a
charge on the sales of the succeeding year or years; Fourthly, the money
so received by the said Horticultural Society shall be forever devoted
and applied by the said Society to the purposes of an experimental
garden and to promote the art and science of Horticulture and for no
other purpose. And the money so retained by the Corporation created
by this act, shall be forever devoted and applied to the reservation,
improvement, embellishment and enlargement of the said Cemetery
and Garden, and the incidental expenses thereof, and for no other
purpose whatsoever; Fifthly, a Committee of the said Horticul-
tural Society, duly appointed for this purpose shall on the first
Monday of January of every year, shall have a right to inspect and exam-
ine the books and accounts of the Treasurer or other officer acting as
Treasurer of the Corporation created by this Act, as far as may be necessary