All Rules for the Attendance and Duty of the Masters, the Conduct of the Youth, and the facilitating their Progress in Learning and Virtue, shall be framed by the Masters, in Conjunction with the Trustees.
If the Scholars shall hereafter grow very numerous, and the Funds be sufficient, the Trustees may at their Discretion augment the Salaries of the Rector or Masters.
The Trustees, to increase their Stock, may let their Money out at Interest.
In general, the Trustees shall have Power to dispose of all Money received by them, as they shall think best for the Advantage, Promotion, and even Enlargement of this design.
The Trustees may hereafter add to or change any of these Constitutions; except that hereby declared to be invariable.
All Trustees, Rectors, Masters, Tutors, Clerks, and other Ministers, hereafter to be elected or appointed, for carrying this Undertaking into Execution, shall, before they be admitted to the Exercise of their respective Trusts or Duties, sign these Constitutions, or some others to be hereafter framed by the Trustees in their stead, in Testimony of their then approving of, and resolving to observe them.
Upon the Death or Absence as aforesaid of any Trustee, the remaining Trustees shall not have Authority to exercise any of the Powers reposed in them, until they have chosen a new Trustee in his Place, and such new Trustee shall have signed the established Constitutions; which if he shall refuse to do, they shall proceed to elect another, and so toties quoties, until the Person elected shall sign the Constitutions.
When the Fund is sufficient to bear the charge, which it is hoped thro' the Bounty and Charity of well disposed Persons, will soon come to pass, poor children shall be admitted, and taught gratis, what shall be thought suitable to their capacities and circumstances.
It is hoped and expected, that the Trustees will make it their Pleasure, and in some Degree their Business, to visit the Academy often, to encourage and countenance the Youth, countenance and assist the Masters, and, by all Means in their Power, advance the Usefulness and Reputation of the Design; that they will look on the Students as, in some Measure, their own Children, treat them with Familiarity and Affection; and when they have behaved well, gone thro' their Studies, and are to enter the World, they shall zealously unite, and make all the Interest that can be made, to promote and establish them, whether in Business, Offices, Marriages, or any other Thing for their Advantage, preferable to all other Persons whatsoever, even of equal merit.
The Trustees shall in a Body visit the Academy once a year extraordinary, to view and hear the Performances and Lectures of the Scholars, in such Modes, as their respective Masters shall think proper, and shall
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