Page:History of Barrington, Rhode Island (Bicknell).djvu/544

 440 THE HISTORY OF BAERINGTON. to consign me any. I beg you will send on a number of the Printed Schemes as distributing them will help the sales very much. My Comm. will be 2^^ p Cent for selling and paying of the Prizes. The Scheme must be published in the Boston paper. This Expense must be paid by the Lottery or Man- agers — It will be about five dollars. I am Gentlemen, your humble Servant, Jon. Hastings." There were companies established to insure lotteries as the following memoranda will show: Leading gentlemen in Bristol insured 50 tickets in the first Class tickets of Bar- rington Meeting House Lottery of the year 1800, and 210 tickets in the second class of 1801, receiving the tickets at a discount and paying all deficiencies less the prizes ; the first 50 tickets cost $150; sixteen prizes of $4 each were drawn, making a loss of $6, or $1.72 each ticket. The 210 tickets sold for $714, and drew prizes amounting to $504, a loss of $210, or $1 a. ticket. The following note was addressed to a Lottery Insurance Company : "June 27, 1800. What will the Washington Insurance Company insure 500 tickets for in the Barrington Meeting House Lottery? to indemnify for the cost of the tickets at three dollars each, the company to have all the prizes drawn against the No's of the tickets insured. Joshua Bicknell, j ^^^ ,_ William Allin, ) Endorsement : 18 pr ct. discount, or suppose the Lottery is to have the benefit of the Prizes if amount to more than $1500 — What will be the premium ? " The results of the drawing of the first-class were announced in the Herald of the United States, No. 2, Vol. IX, published at the office, Warren, on Friday, July 25,