page_0064

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Queen's University Archives at Jul 23, 2020 04:40 PM

page_0064

them, and by a Provincial Act passed in Decr 1854 it
was provided, that they should be thenceforth appropri-
ated to certain other specified purposes, compensation being
at the same time enacted to be made for the claims of
those who had been at the date of the passage of the Im-
perial Statute, receiving from that Fund. In 1855, Life
Annuities, culculated by Actuaries from the value of the life
of each such beneficiary, were accordingly agreed to be paid
to them individually, and among others to Professors George,
Williamson, Smith and Weir as representing Queen's College.
The members of the Synod, however, unanimously agreed that
the whole value of the Annuities thus payable to them indivi-
dually should be received by their Commissioners from the
Government, and should form one Common Fund under the
management of Commissioners, now incorporated under the
name of the "Temporalities Board," from which each Mem-
ber should be paid yearly during life [Pound symbol?]112. 10, except
that the Professors of Queen's University, for themselves
and as representing in a special manner its interests, hav-
ing each commuted for an annual payment of [Pound symbol?]125, being
the fourth of [Pound symbol?]500, and having agreed that sum
should be handed over to the Treasurer of the College

1855-56

page_0064

them, and by a Provincial Act passed in Decr 1854 it
was provided, that they should be thenceforth appropri-
ated to certain other specified purposes, compensation being
at the same time enacted to be made for the claims of
those who had been at the date of the passage of the Im-
perial Statute, receiving from that Fund. In 1855, Life
Annuities, culculated by Actuaries from the value of the life
of each such beneficiary, were accordingly agreed to be paid
to them individually, and among others to Professors George,
Williamson, Smith and Weir as representing Queen's College.
The members of the Synod, however, unanimously agreed that
the whole value of the Annuities thus payable to them indivi-
dually should be received by their Commissioners from the
Government, and should form one Common Fund under the
management of Commissioners, now incorporated under the
name of the "Temporalities Board," from which each Mem-
ber should be paid yearly during life [Pound symbol?]112. 10, except
that the Professors of Queen's University, for themselves
and as representing in a special manner its interests, hav-
ing each commuted for an annual payment of [Pound symbol?]125, being
the fourth of [Pound symbol?]500, and having agreed that sum
should be handed over to the Treasurer of the College

1855-56