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Commissioners may apply to lord lieutenant for advance of money to build schools, &c. to be repaid out of the revenues by annual instalments.
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19. And . . . it shall and may be lawful to and for the commissioners under this Act for the time being, whenever they shall deem it expedient so to do, to present a petition to the lord lieutenant or other chief governor or governors of Ireland for the time being, setting forth the necessity of purchasing, building, rebuilding, enlarging, or repairing any school house belonging to any school under the jurisdiction of the said commissioners by virtue of this Act, or any of the appurtenances or accommodations belonging to or necessary for the convenient use of such school, together with a particular estimate thereof and the sum required for such purpose, and also setting forth that the profits of the lands belonging to such school are insufficient to supply so large a sum in convenient time, and praying that the same may be advanced out of the consolidated fund of Ireland to some person or persons to be named in such petition for that purpose, and setting forth what yearly sum, being not less then ten per centum on the sum required, can be paid out of the revenues of such school to replace the sum so to be advanced; and thereupon it shall and may be lawful to and for the lord lieutenant or other chief governor or governors of Ireland for the time being, if he or they shall think proper so to do, to direct that such sum as he or they shall think proper, not exceeding the sum required by such petition, shall be advanced out of the consolidated fund of Ireland, to such person or persons as shall be so named for that purpose, either altogether or in such payments or by such instalments as the said lord lieutenant shall think proper: Provided always, that no such sum or any part thereof shall be so advanced until such person or persons shall have given good and sufficient security by recognizance with two sureties, to the satisfaction of the lord high treasurer of Ireland, or the commissioners for executing the office of lord high treasurer for the time being, or any three of them, for the faithful expenditure of the same, according to particulars and an estimate mentioned in the said petition.
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