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Endowment of Provision for Rectors, Vicars, and Curates by Lay Property.
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XXXVII. That it shall be lawful for any Person or Persons, Body Politic or Corporate, being under no legal Disability or Incapacity, and without any Licence of Alienation or in Mortmain, by and with the Consent of the Ecclesiastical Person or Corporation seised of the Right of Presentation thereof, and of the Bishop of the Diocese, by any Deed under Hand and Seal, or under Seal of such Corporation, to endow any Benefice, Vicarage, or Perpetual Curacy whereof the Advowson or Right of Patronage shall belong to any Ecclesiastical Person or Corporation, and having no Provision or Endowment thereunto belonging of the Value of Fifty Pounds by the Year, with any Lands, Tithes, Tenements, or Hereditaments of the clear yearly Value of Seventy-five Pounds per Annum, or with Money in the Government Funds not producing at the Time of the Endowment a greater yearly Income than Seventy-five Pounds, to be invested in the Name of the Bishop of the Diocese and the Rector and Vicar or Curate aforesaid, as a perpetual Provision for the Rector, Vicar, or Curate of such Benefice, Vicarage, or Curacy, and his Successors for ever; and thereupon it shall be lawful for such Ecclesiastical Person or Corporation seised of such Right of Patronage, Nomination, or Presentation as aforesaid to convey and make over the Advowson, Right of Patronage, Presentation, or Nomination of such endowed or augmented Benefice to the Person or Persons so endowing or augmenting the same in manner aforesaid, his or their Heirs or Successors and Assigns for ever, or by Agreement to grant the Right of Presentation upon every alternate or other Vacancy of the said Benefice, Vicarage, or Curacy in proportion to the Amount of the said Endowment as compared with the previous Endowment of the same, or as nearly in such Proportion as Circumstances will admit, which Deed of Endowment and of Conveyance shall be entered in the Registry of the Diocese, and enrolled in the Rolls Office of the High Court of Chancery in Ireland; and from and after such Endowment and Conveyance, registered and enrolled as aforesaid, the Person, Body Politic or Corporate, who shall so endow or augment the same, and his Heirs and Successors, shall be the true and only Patron or Patrons of such endowed or augmented Benefice, Vicarage, or Curacy, or shall have the Patronage of such alternate or other Nomination thereto according to the Provisions of said Deed, and where Two or more Persons or Body Corporate or Politic join in making such Endowment or Augmentation of any such Benefice, Vicarage, or Curacy in manner aforesaid, such Person or Corporation respectively shall present or nominate to the said Benefice, Vicarage, or Curacy by Turns in such Manner as by Deed of Endowment shall be mentioned, and in default thereof in such Manner as the Bishop of the Diocese shall determine and appoint, or shall participate in the Patronage upon alternate or other Vacancies, according to the Provisions of the said Deed, or in default of any such Provision according to the Directions of the Bishop.
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