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Rh two of his scholars whom he shall associate with himself, or if he shall not be at leisure, he shall appoint three inspectors, other than the keepers, who shall peruse the catalogue of books, and see that they have them all, either in the volumes themselves or at least as represented by deposits. And the more fitting season for rendering this account we believe to be from the First of July until the festival of the Translation of the Glorious Martyr S. Thomas next following.

We add this further provision, that anyone to whom a book has been lent, shall once a year exhibit it to the keepers, and shall, if he wishes it, see his pledge. Moreover, if it chances that a book is lost by death, theft, fraud, or carelessness, he who has lost it or his representative or executor shall pay the value of the book and receive back his deposit. But if in any wise any profit shall accrue to the keepers, it shall not be applied to any purpose but the repair and maintenance of the books.