V. Revenue.

464. The revenue of the Fund shall consist of interest received on account of loans.

VI. Application of Revenue.

465. Revenues arising from interest on loans and other sources shall be applied

1. To the payment of interest on deposits.

2. To the payment of necessary expenses of management. 3. The balance, if any, shall be carried to a sinking fund for the repayment of deposits.

VII. Reports.

466. The Directors shall publish an Annual Statement for the information of the Conferences and the Connexion generally, and they shall present a Quadrennial Report to the General Conference, covering the business of the four preceding years, and showing the condition of the Fund at the close of the last financial year.

VIII. Audit.

46%. The Board shall provide for a careful audit, by competent persons, of the accounts of the Fund; and shall publish the certificate of said auditors in connection with the Annual Statements.

IX. Regulations.

468. The following regulations shall be observed in regard to loans :

1. No officer or director connected with the Fund shall be a borrower from the Fund in any circumstances.

2. The Fund shall be used for loan purposes only, and no free grants shall be made in any circumstances.

3. No loan shall exceed forty per cent. of the estimated actual cash value of the property.

4. Loans shall be made on security of first mortgage on Connexional property held under our Model Deed, with assignment of Insurance Policy for amount equal to the loan, and the personal obligation of the Trustees as collateral. Where circumstances render it necessary the Directors may accept the personal obligation of the Trustees in lieu of a mortgage, in which case the Trustees shall give a bond for a mortgage as soon as a deed is secured.

5. All applications for loans in the North-West must be endorsed by the Superintendent of Missions, in addition to the Quarterly Board, the Superintendent of the Circuit, and the Chairman of the District.

6. It shall be a distinct condition of each loan that the property is not otherwise encumbered, and that no other encumbrance will be put upon it without the consent of the Directors, in writing, first obtained.

7. Loans may be made repayable, if judged expedient, by annual or semi-annual instalments, covering both principal and interest.

8. Interest on loans shall not exceed six per cent. per annum, and shall be payable half-yearly.

9. The Directors shall not be at liberty to relinquish or modify the claims of the Fund for either principal or interest of loans.

10. Persons who may bequeath or donate to the Fund the sum of $1,000 or upward shall be at liberty to fix the rate

of interest at which such sum shall be loaned (provided the rate be not higher than that fixed by the regulations concerning loans); and shall also be at liberty to specify such other conditions as may seem to them desirable, provided they do not contravene the purpose for which the Fund is established. When any such donation is accepted by the Directors, it shall be carried to a distinct and separate account, which shall bear such name as the donor may desire; and shall so appear in the Annual Statements of the Fund.

11. The Directors shall make such arrangements for the proper performance of the duties pertaining to the office of Secretary-Treasurer during the ensuing quadrennium as they deem advisable, having regard to the closest economy.

SECTION VII.

THE UNION CHURCH RELIEF FUND.
CONSTITUTION.

1. Name.

469. The Fund shall be known as "The Union Church Relief Fund."

II. Object.

470. The object of the Fund is to relieve only such churches as have become embarrassed through the Union. The churches to receive aid from this fund shall be classified as follows:

1. Churches that have lost their constituency and have

no prospect of regaining it, and in cases where the property has been sold or is to be sold, the Trustees are still embarrassed with the debt thereon, with no assets, or with insufficient assets to meet their liabilities.

2. Churches that are too weak to meet their liabilities, and therefore require assistance for a time in the payment of the interest thereon.

III. Income.

471. The income of the Fund shall be obtained from collections and subscriptions which shall be taken in all the congregations of our Church, in the month of October in each year, for the next four years.

IV. Management.

472. The Fund shall be managed by a Committee appointed by the General Conference, whose duty it shall be to investigate all applications for aid, and decide upon them, and disburse the funds at its disposal according to the provisions of Article II.

SECTION VIII.

SUSTENTATION FUND.

473. Each of the Annual Conferences may have a Sustentation Fund. The government of such Fund, and also the full control and management of its income, shall be left entirely with the several Annual Conferences.

474. The object of this Fund shall be to secure salaries of not less than $750 for ordained married ministers; $400 for ordained unmarried ministers; and $350 for probationers.

Part VI.

THE RITUAL.