any time by death, or either of the other causes aforesaid, be reduced to seven, such of them the said trustees as shall be then surviving or remaining or the major part of them, shall forthwith nominate and appoint such and so many orderly and devout persons, being of the said religious society called the New Connection of Methodists, or frequenters of divine service in some of the chapels of the said New Connection, to be trustees in the room and stead of those who have ceased to be trustees, as with the then surviving or remaining trustees will make up the full number of twenty six trustees; and that such surviving or remaining trustees shall and will immediately, by good and sufficient conveyances and assurances in the law, well and effectually vest the said chapel, pieces of ground, messuages, buildings, hereditaments and all and singular other the premises herein before mentioned to be hereby granted and released or intended so to be with their appurtenances, in such new trustees to be nominated as aforesaid and the surviving or remaining trustees jointly, their heirs and assigns for ever; but upon such and the same trusts and for such and the same purposes, as are in and by these presents declared and set forth, or as near thereto as circumstances will admit of; and that the like course shall afterwards be observed from time to time whenever the number of trustees for the time being of the said chapel shall by death or either of the other causes aforesaid be again reduced to the number of seven trustees, in order the better to carry into effect the trusts and purposes of these presents; and upon every such appointment of new trustees,

such

such new trustees, together with the old surviving trustees shall execute a declaration of trust similar to what is herein contained, or as near thereto as circumstances will admit of; and if the surviving or remaining trustees of the said chapel shall refuse or neglect to elect and chuse such new trustee or trustees as aforesaid, then and in such case, but not before or otherwise, it shall and may be lawful for the members of the said society for the time being whose names have been six months at the least inserted in the society books of the said chapel, or three fourths of them (whenever the number of the trustees of such chapel shall by death or other such accidents aforesaid be reduced to a number less than seven) to elect and chuse such new trustees, which new trustees (if so elected by such members), shall have the same power and authority in all things relative to the said trust premises, as if they were elected by the surviving or remaining trustees themselves. And it is hereby Power of mort provided, declared and agreed by and amongst all the said parties hereto, that it shall and may be lawful to and for the trustees for the time being of the said chapel, and they are hereby required at any time or times whenever three parts in four in number of them shall at any time find it inconvenient to borrow or raise money on their personal security for the necessary purposes of their trust or for the repayment of the debt, which for the time being may be incurred and owing respecting the same, (but not before or otherwise) to demise, grant, release or convey by way of mortgage the said chapel, pieces of ground, messuages, buildings, hereditaments

C

gage.

hereditaments and all and singular other the said premises or any part thereof, unto any person or persons for the security of any sum or sunis of money advanced and lent, or to be advanced and lent to the said parties of the other part, their heirs or assigns for the improvement thereAnd sale. of or otherwise. And also whenever three parts in four in number of the trustees for the time being of such chapel shall think it expedient for them so to do, (but not before or otherwise)it shall and may be lawful to and for the same trustees,absolutely to sell and dispose of the said chapel, pieces of ground, messuages, buildings, hereditaments, and premises aforesaid with their appurtenances, either altogether or in parcels by public auction or private contract, unto any person or persons who may be willing to purchase the same either for one or more annual rent or rents, to be reserved and made payable thereout, or for such price or prices in money to be forthwith paid to them, the said trustees as can be reasonably obtained, and to grant, release and convey the fee-simple and inheritance thereof, or of any part thereof, unto such purchaser or purchasers, his, her, or their heirs and assigns for ever, or otherwise as he, she, or they shall direct Application of or appoint, And it is hereby declared purchase mo- and agreed, that the money to be raised by such sale or sales, shall be applied in paying off and discharging all such sum. or sums of money, already borrowed by the said parties of the one part on mortgagé as aforesaid or otherwise, or which have been advanced by them or any of them for the purposes of the said trust estate. And also all such sum or sums of money

ney;

owing

thereof.

Indemnity to purchaser's or

mortgagees.

owing or to be owing for or on account thereof. And in case there shall be any And surplus surplus remaining after paying all necessary charges and expences, such surplus shall be applied in purchasing or building some other chapel, or in some other religious or charitable purpose, and in such manner as three parts in four of the trustees thereof for the time being shall direct or appoint; But if three parts in four of the whole number of such trustees shall not agree in the application of such surplus money, then the same shall be applied in the same manner as is herein before declared concerning the disposal of the income of the said chapel, and in no other manner. And it is hereby further declared and agreed by and amongst all the said parties hereto, that whenever any sale or mortgage of the said chapel, pieces of ground, messuages, buildings and hereditaments aforesaid, or any part thereof, shall be made by the said trustees, in manner herein before mentioned, the receipt and receipts of the said parties of the other part or of the trustees of the said chapel, for the time being, under their hands, for such purchase money, or mortgage money shall be a good and sufficient discharge to the purchaser or purchasers, mortgagee or mortgagees thereof or any part thereof, for so much of such purchase money or mortgage money, as in such receipt or receipts shall be expressed to be received And that such purchaser or purchasers, mortgagee or mortgagees, after such receipt or receipts shall be given, shall not be obliged to see to the application of such purchase money or mortgage money, nor be in any wise answerable or accountC 2

;

able

able for the loss, misapplication, or nonapplication thereof, or any part thereof, but such purchaser or purchasers, mortgagee or mortgagees shall and may have and hold the hereditaments, and premises, so to be mortgaged to, or purchased by him or them respectively, to the sole use and benefit of him, her, or them, and his, her or their heirs, executors or administrators, according to the nature of the deed, conveyance or assurance to be made thereof to him, her or them as aforesaid, freed and discharged from all powers, trusts, uses and declarations herein contained, and subject only to the conditions(if any) which the said trustees shall think necessary to insert in such mortgage deed, conveyance or assurance, any declaration, trust, clause, matter, or thing herein before contained If money bor to the contrary notwithstanding. And lastrowed be called ly, it is hereby declared and agreed, that if at any time any money which hath already been borrowed by or is owing to the said parties of the one part or any of them for the improvement of the said chapel or the premises aforesaid, or which at any time hereafter may be borrowed by or owing to the said trustees for the time being or any of them for that purpose, shall be required to be repaid, and such trustees cannot borrow other monies to replace or pay off the same, then and in such case, such trustees shall advance in equal shares and proportions, so much money as shall be necessary for that purposes, and continue such money until the same shall be paid off with money to be borrowed for that purpose, or raised from sale of the said chapel and trust premises, in manner hereinbe

in.

fore