That they may appoint a general treasurer and particular treasurer in each government when necessary; and from time to time may order the sums in the treasuries of each government into the general treasury; or draw on them for special payments, as they find most convenient.
The treasurers here meant are only for the general funds, and not for the particular funds of each colony, which remain in the hands of their own treasurers at their own disposal.
MONEY HOW TO ISSUE.
Yet no money to issue but by joint orders of the president general and grand council; except where sums have been appropriated to particular purposes, and the president general is previously impowered by an act to draw for such sums.
To prevent misapplication of the money, or even application that might be dissatisfactory to the crown or the people, it was thought necessary, to join the president general and grand council in all issues of money.
ACCOUNTS.
That the general accounts shall be yearly settled and reported to the several assemblies.
By communicating the accounts yearly to each assembly, they will be satisfied of the prudent and honest conduct of their representatives in the grand council.
QUORUM.
That a quorum of the grand council, impowered to act with the president general, do consist of twenty-five members; among whom there shall be one or more from a majority of the colonies.