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The Company, out of the Monies to be received by virtue of this and the special Act, shall allow to the Chaplain of the Cemetery for the Time being such a Stipend as is approved of by the Bishop of the Diocese in which the Cemetery is situated, which shall be payable, by equal Moieties, on the Twenty-fifth Day of March and the Twenty-ninth Day of September in each Year; and if any Chaplain die, resign, or be removed or appointed, in the Interval between the half-yearly Days of Payment, the Company shall pay to him, or his Executors or Administrators, a Part only of the half-yearly Payment of the Stipend proportioned to the Time during which he shall have been the Chaplain since the last preceding Day of Payment.
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