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Commissioners to enter applications in a book in such a manner as to exhibit the nature and object of each application, &c., and to allow of the classification of applications.
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15. The said commissioners for the execution of this Act shall enter in a book, to be by them for that purpose provided, all such applications as shall be made to them conformably to the provisions of this Act, and such book shall be in such manner prepared as to exhibit in a convenient form the nature and object of each application, and the conformity of such application with each and every of the rules and regulations established as aforesaid, and also so as to admit of the classification of all such applications according to the comparative merits of the same, in respect of the description and certainty of the security offered for the repayment of the advances applied for, the shorter or longer period at which it may be proposed to make such repayment, the manner thereof, and whether by instalments or not, and if by instalments the periods at which such instalments are to commence and the intervals at which to be continued, and also the obstacles or difficulties which may exist to prevent the execution of such works in case no such loan or other assistance is given, as well as the benefit which may arise from the work in affording present employment for the labouring classes of the people, and the increased industry and permanent demand for labour which may grow thereout.
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