1. A capital of a million, would, I judged, be ample.
2. This million should be divided into a hundred shares of ten thousand crowns each.
3. Each share must be taken up before a notary, who would answer for the shareholder’s solvency.
4. All dividends to be paid the third day after the drawing.
5. In case of loss the shareholder to renew his share.
6. A cashier, chosen by a majority of four-fifths of the shareholders, to have the control of all moneys.
7. Winning tickets to be paid the day after the drawing.
8. On the eve of a drawing the shareholders’ cashier to have an account of receipts from the lottery cashier, and the former to lock the safe with three keys, one of which to remain in his hands, one in the hands of the lottery cashier, and one in the hands of the manager of the lottery.
9. Only the simple drawing, the ambe and the terne to be retained; the quarterne and the quine to be abolished.
10. On the three combinations a shilling to be the minimum, and a crown the maximum stake; the offices to be closed twenty-four hours before the drawing.