An Essay On the Nature And Advantages of Parish Banks : for the Savings of the Industrious 15
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sterling per annum. They shall form a court of directors, which shall meet at least once every quarter, to examine the treasurer's books, order payments, and transact the ge- neral business of the institution. 4//i, The standing committee shall consist of eighteen persons, chosen jfrom amongst the members, whether honorary, extraordinary, or ordi- nary, who are eligible to the effice of directors, of whom the indivi- n duals composing the court of directors shall always consitute a part.-^ This... committee shall meet once every quarter, and oftener if necessary, to review and controul the tiansactions of the court of directors, with power to reverse its decisions. An exact statement of its receipts and disbursements shall be laid before then?. This committee shall also have power to remove the treasurer, should they see cause. One of the ordinary members of the committee shall attend weekly in rotation, along with the treasurer, to receive the payments of depositors, and see them safely lodged in the banli.
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