History of the State of New York, Vol. I (1609-1691)
Five copies of the said published documents shall be delivered to each member of the present Legislature, and five copies thereof shall be given to each of the clerks, officers and reporters of the present Senate and Assembly, and to the several public officers who are entitled to bound copies of legislative documents. Three hundred copies thereof shall be placed with the Regents of the University, and two hundred and fifty copies thereof with the Secretary of State for literary exchanges and distribution, as they may deem proper. The remaining copies shall be ofl^ered for sale, under the direction of the Regents, on such public notice, and on such terms and price, not less than two dollars and fifty cents per volume, as they may deem proper; and such copies as remain unsold, at the end of six months, shall be placed in the custody of the Regents of the University, subject to future distribution by the Legislature; the proceeds of any such sales made by the said Regents, after deducting their necessary expenses under this act, shall Persons who may have already subscribed be paid into the State treasury. for or purchased said documents, or such of them as may have been published, shall be credited with the amount they may have paid, and be allowed to complete their sets at the price fixed by the Regents as aforesaid. '"§ 4. This act shall take effect immediately."
On inquiry into the progress made in the translations and the condition of the work generally, it was found to be so nearly completed that it was deemed inexpedient by the Regents to attempt any exercise of the discretion vested in them under the second section of the act of the Legislature. All that remained for them to do was to superintend the residue of the publication, according to the arrangement determined upon and the contracts made by their predecessors.