2. The money shall, if possible, be conveyed by bills of exchange, or otherwise, through the means of the post, to the general book-steward, who shall pay it to the trustees of the fund: otherwise it shall be brought to the ensuing yearly conference.

3. The interest shall be divided into nine parts, and each of the annual conferences shall have authority to draw one ninth part out of the fund: and if in one or more confer ences, a part less than one ninth be drawn out of the fund in any giv en year, then, in such case or cases, the other yearly conferences, held in the same year, shall have authority, if they judge it necessary, to draw out of the fund, such surplus of the interest, which has not been applied by the former conferences: and the bishops shall bring the necessary information of the state of the interest of the fund, respecting the year in question, from conference to conference.

4. All drafts on the charter-fund shall be made on the president of the

said fund, by order of the annual conference, signed by the president, and countersigned by the secretary of the said conference.

5. The money subscribed for the chartered fund, may be lodged, on proper securities, in the states respectively in which it has been subscribed, under the direction of deputies living in such states respectively: Provided, such securities and such deputies be proposed, as shall be approved of by the trustees in Philadelphia; and the stock in which it is proposed to lodge the money, be sufficiently produetive to give satisfaction to the trustees.

SECTION VII.

Of the Printing and Circulating of Books, and of the Profits arising therefrom.

1. The Book business shall be carried on in the city of New-York. The editor and general-book-steward shall have authority to regulate

the publications and all other parts of the business as the state of the finances and the demands of the connection shall from time to time require. It shall be his duty to inform the annual conferences, if any of the preachers or private members of the society neglect to make due payment. He shall publish such books and tracts as are recommended by the general conference, and such as may be approved of and recommended by an annual conference, and none other. But he may reprint any book or tract, which has once been approved of and published by us, when in his judgment, and the judgment of the book committee, the same ought to be reprinted. The book committee, consisting of five, shall be annually appointed by the New-York Conference, who shall, previous to each annual sitting, examine into the accounts of the general book-steward, and report to the conference the state of the concern: and in case of the death or resignation of the editor and general booksteward, the assistant shall carry on

the concern till the sitting of the next New-York Conference.

2. It shall be the duty of every presiding elder, where no booksteward is appointed, to see that his district be fully supplied with books. He is to order such books as are wanted, and to give direction to whose care the same are to be sent ; and he is to take the oversight of all our books sent into his district, and account with the general booksteward for the same. He is to have the books distributed among the several circuits in his district, and is to keep an account with each preacher who receives or sells the books; and is to receive the money, and to forward it to the general book-steward. When a presiding elder is removed, he is to make a full settlement for all the books sold or remaining in his district; and is also to make a transfer to his successor, of all the books and accounts left with the preachers in the district, the amount of which shall go to his credit, and pass to the debit of his

successor.

8. It shall be the duty of every preacher, who has the charge of a crcuit, to see that his circuit be duly supplied with books, and to take charge of all the books which are sent to him, from time to time, or which may be in his circuit; and he is to account with the presiding elder for the same. When a preacher leaves his circuit, he must settle with the presiding elder for all the books he has disposed of; he is also to make out an inventory of all that remain. unsold, which shall be collected at one place; the amount of which shall go to his circuit, and be transferred to his successor, who is to take charge of the same. If the preacher who has the charge of the circuit, be negligent in dispersing the books, the presiding elder shall commit the charge of the books to another.

4. The book concern shall pay all the expences of the conveyance of books to presiding elders, until they are within the bounds of their districts.

5. Every annual conference shall