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Application of commutation fund and moneys received from treasurer of sustentation fund.
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5. The trustees shall, out of the said commutation moneys now paid or to be paid as aforesaid, (and which moneys are herein-after referred to as “the commutation fund,”) and out of the interest, dividend, and annual income thereof, pay to each minister who has as aforesaid commuted his annuity such annual sum as has heretofore been payable to him under the provisions of the said indenture, and to each minister who, after the making of the said indenture and before the passing of this Act, has commuted or who shall commute after the passing of this Act such annual sum as shall after such passing be mutually agreed upon between such last mentioned minister and the trustees: Provided always, that the trustees shall in the first place apply the interest, dividends, and annual income of the said commutation fund in or towards payment of the said several annuities, and if they shall receive from the treasurer forthe time being of the sustentation fund of the said general assembly, or from other sources, any other sums of money applicable for the same purpose, shall apply such sums of money in or towards payment of the said several annuities, and if after such application of the said interest, dividends, and annual income, and other sums of money respectively as aforesaid, the said several annuities shall not be fully paid, then and in such case, and from time to time so often as the same shall happen, the trustees shall raise out of the capital of the said commutation fund so much as may be required for payment of the said several annuities in full, and apply such money in payment of the same accordingly.
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