the form of an addition to the stipend of such member or officer; and that no addition to the stipend of one member or officer shall be made, unless the stipends of all members and officers shall at the same time be proportionably increased; that is to say, in proportion to their original stipends fixed in sums of money by the Charter or Statutes; and any other allowance, which it may be thought advisable to permit to any member or officer, shall be paid for to the Bursar, for the use of the College, at the annual audit, at a fair and usual price; and every such increase of stipend shall be made freely, fully, and absolutely, without any restriction, deduction, or condition, not directed by the Charter and Statutes: And any member or officer who shall propose to allow or establish, or who shall receive, directly or indirectly, or by any name or description, any additional payment, allowance, or stipend, contrary to this provision, shall ipso facto vacate his place and office in the College.

And whereas it is intended by these means to provide that the stipends of all the members and officers of the College shall bear a fixed proportion to each other, and, as far as may be, to the value of other property, and the price of other commodities, it is hereby declared, that whenever the term Fellowship is used in these Statutes to express a sum of money, it shall be understood to mean the full annual stipend of a Fellowship, taken from the actual receipt of the

Fellows

Fellows in the preceding year, in respect of their Fellowships, whether the same shall amount to more or less than the sum of one hundred pounds, specified in the Charter as the stipend of a Fellow; so that the total emoluments of each member and officer of the College may always be in one proportion to each other, exclusive of the above-mentioned allowances to Resident Members specified in the Charter or Statutes; and wherever fractional parts of a Fellowship are directed by the Statutes to be paid, such sums shall be understood exclusive of the fractions of shillings.

No Lease shall be granted or renewed, nor any other Conveyance executed, except by the major part of the Master, Professors, and Fellows, at the annual audit.

The College Seal shall be kept by the Master under two different keys, one of which shall be in his custody, and the other in the custody of the Bursar: for other purposes beside the execution of Conveyances, it may be used by the Master, Professors, and Fellows, present in College for the time being, or the major part of them.

And whereas the anticipation of the annual revenues of a College, by granting beneficial leases, and taking fines or foregifts as a consideration for the same, tends greatly to the impoverishment of the Society; and the statute laws of the country have only been able to impose a qualified restraint on this evil, which before the existence of those laws had

prevailed

prevailed to a great extent; It is hereby ordained, as a fundamental law of this College, That no money, or other valuable thing by way of fine, foregift, or other consideration, shall be demanded or received by this College, or any member of it, for the grant or renewal of any lease of any lands, tenements, or hereditaments, belonging, or which may in future belong, to the College; but that any member proposing such demand, or receiving any part of such money or other consideration, shall ipso facto forfeit his place and office in the College. And it is provided, under like penalties, That no lease of such property shall be made to any member or officer of the College, or to any person in trust for him.

And whereas both the utility and dignity of a collegiate establishment, are highly concerned in maintaining a constitution of just principles and a liberal spirit, and in preserving that constitution in unity and consistency; It is hereby ordained as a fundamental law of this College, under like penalties upon all members or officers acting contrary to the following provisions, That no property of any description shall at any time, directly or indirectly, be received by the College, for the foundation of any Fellowship, Scholarship, or other place or office, differently constituted from those established by the Charter and by the Statutes for the time being, or for the altering the places and offices now

appointed

appointed in such manner as to make them inconsistent with the Charter or Statutes; but that the College may accept such property as shall be directed to be applied to the augmentation in number and value of the places and offices already established, or to the creation of new places or offices similar thereto: And it is hereby provided, That if any property be at any time given to the College, without any express direction or restriction, it shall be applied to such augmentation or creation in such manner as the Masters, Professors, and Fellows, for the time being, or the major part of them, shall direct.

STATUTE XIV.

OF BENEFICES.

As soon as any Ecclesiastical Benefice in the gift of the College shall become vacant, the Master shall cause written notice of such vacancy to be hung up in the hall, and a notice of the day (being not less than one month, nor more than two, from the day of such vacancy) on which the College will present to the Benefice. On that day the Master, Professors, and Fellows, present in College, or the major part of them shall meet together for that purpose, and shall present the Senior Member of the College then in

Holy

Holy Orders, who will accept the same; and in case no member of the College is willing to accept such Benefice, then it shall be presented to some person in Holy Orders who has formerly been member of the College, and who had not, at the time of the vacancy, any Benefice of double the actual value of a Fellowship; such last-mentioned perfons having preference according to the date of their admission into the College. And it is hereby declared, That every person to whom a Presentation is made, shall, within one month after the day on which he receives notice thereof, signify to the Senior Member resident in College, his acceptance or refusal of the same; and that acceptance of a Presentation shall be considered as coming into immediate possession of ecclesiastical preferment, for the purpose of vacating a Fellowship or Scholarship.

And in case any person to whom a Presentation is made shall refuse or omit to accept the same for the space of a month, a second Presentation shall be made in like manner, within a fortnight from the expiration of such month, and so on; in case of any other refusal or omission, another Presentation shall be made after a like interval.