JB/002/296/001

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31 Sept. 1800 3 Abstract

Advant.
4
2. It may be made
to promote probity
on the part of
of all descriptions
Trustees to most
trust money in
Annuity Note paper
immediately as released - to keep

2. Preservation of probity on the part of Trustees of
all sorts, too whose function it belongs to receive money
on account of their principals: - Excecutors and
Administrators - Guardians - Stewards- Assignees of Bankrupts -
Prize Agents - Factors and the like.

Already it is, and for several generations has been
the constant practical It is a long established practice of the of to
To cause trust monies, as often as a suitable case presents itself,
to be laid out in the purchase of Government Annuities for the benefit of the principals, in the
purchase of Government Annuities:is in the Court of Chancery matter of long established [+] The credit of [+] a practice which,
by anan Act of very +,
has received express support
from the legislature.Parliament. —
the proposed practice: [+] The credit of new Government Annuities having been
previously established by sufficient experience, let a similar
investment of all trust-monies, as they come in, such paper

from maoney
and keep
of the day when
raised and
a
Note
with the int
be rendered an a matter of universal<add>general</add> obligation, by an act of + 39 & 40 G.3.c36
1 May 1800
the legislature. - Receipt of it every parcel of money
A trust-Receiptbook to be kept, with a trust-till. In the
Book and entry yo be made of each sum received, with
an indipensable statement of the day. The money, if
not received in the shape of Annuity Notes, to be converted sent to the office on that day or the next iinto this office
Metadata:JB/002/296/001