Remuneration and Tenure
The auditors were paid by fees. This made the offices extremely profitable. In 1703, the office had a salary of £300, but the fees were worth at least £700 more. Its value is demonstrated by the need to pay £7000 compensation to John Stuart, Lord Mount Stuart when the office was abolished in 1784.
Until the end of the 17th century, auditors were appointed for life by letters patent. During the 17th century reversionary grants of the office were sometimes made. However Edward Harley and most subsequent auditors only held office during pleasure, though in practice, it amounted to the same thing.
Read more about this topic: Auditor Of The Imprests
Famous quotes containing the word tenure:
“It might be seen by what tenure men held the earth. The smallest stream is mediterranean sea, a smaller ocean creek within the land, where men may steer by their farm bounds and cottage lights. For my own part, but for the geographers, I should hardly have known how large a portion of our globe is water, my life has chiefly passed within so deep a cove. Yet I have sometimes ventured as far as to the mouth of my Snug Harbor.”
—Henry David Thoreau (1817–1862)