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We whose names are hereto subscribed propose to the Trustees of the Centre College of Kentucky to contribute to their Library upon the following fundamental conditions, to wit:

lst. Each contributor his heirs, Executors, administrators or assigns shall enjoy the privilege of using the Books in the library subject to such rules, regulations and conditions as said Trustees may from time to time prescribe.

2nd. Each person who contributes the sum of Forty Dollars shall be entitled to said privilege as aforesaid. And said privilege, whether in the hands of the original contributor, his heirs, Executors, administrators or assigns, shall be subject to a yearly tax of Two Dollars for the purpose of defraying the necessary costs and charges attendant upon keeping the Library in good order, paying the salary

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of a Librarian, subscriptions for such periodical works as may be taken, and if any surplus, to the increase of the Library - payment of said Forty Dollars to be made on or before the first day of July next, and the said two dollars annually at such time as said Trustees may prescribe, The privilege subject to be suspended till all arrearages are paid up.

3rd. The said contribution of forty dollars may be discharged in such books, etc., as may be approved by said Trustees or their Committee and at such price as may be agreed upon with the contributor offering them. All payments in cash to be in specie or funds of equal value.

So soon as the said Trustees shall accede to the above proposition and conditions we whose names are subscribed hereto at the date when the Trustees shall so accede or who may

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thereafter subscribe them do bind ourselves, our heirs, Executors, administrators, and assigns to pay the aforesaid sum of Forty Dollars and said tax of two dollars per annum to the said Trustees and their successors in office.