It must be remembered, however, that this is only with regard to examinations and not with regard to the framing of resolutions, which so far has been left to the two Scholarchen and the President of the Seminary. These, as special curators and directors, have received higher authority from His Excellency the Governor and the Council, with the understanding, however, that they observe the rules given by His Excellency and the Council both with regard to the rector and the children, in their letters of April 4 and June 13, 1696, and the Resolutions framed by the curators of June 27 and October 21, 1695, which were approved in Colombo. Whereas the school had been so far maintained out of a fund set apart for this purpose, in compliance with the orders of His Excellency, special accounts being kept of the expenditure, it has now pleased the Council of India to decide by Resolution of October 4, 1694, that only the cost of erection of this magnificent building, which amounted to Rds. 5,274, should be paid out of the said fund. This debt having been paid, orders were received in a letter from Their Excellencies of June 3, 1696, that the institution is to be maintained out of the Company's funds, special accounts of the expenditure being kept and sent yearly, both to the Fatherland and to Batavia. At the closing of the accounts last August the accounts of the Seminary as well as the amount due to it were transferred to the Company's accounts. The capital then was still Rds. 17,141, made up as follows:-- Rds. 10,341 entered at the Chief Counting-house in Colombo. Rds. 1,200 cash paid by the Treasurer of the Seminary into the Company's Treasury, December 1, 1696. Rds. 5,600 on account of church fines. The latter was on December 1, 1690, on the foundation of the Seminary, granted to that institution, and must now again, as before, be placed by the Cashier on interest and a special account kept thereof; because out of this fund the repairs to the churches and schools and the expenses incurred in the visits of the clergy and the Scholarchen have to be paid. Other items of revenue which had been appropriated for the foundation of the Seminary, such as the farming out of the fishery, &c., must be entered again in the Company's accounts, as well as the revenue derived from the sale of lands, and that of the two elephants allowed yearly to the Seminary. The fines levied occasionally by the Dessave on the natives for offences committed must be entered in the accounts of the Deaconate or of that of the church fines, for whichever purpose they are most required.