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REGULATIONS,

&c. &c. WE the inhabitants of the Bay of Honduras, whose names are hereunto subscribed, do, by and with the consent of the whole, agree, from and after the date hereof, to bind ourselves to the strict performance of the Articles and Regu- lations hereafter mentioned, under the penalties and restrictions therein expressed; and do further bind ourselves, our heirs, executors, and admi- nistrators, and assigns, to pay the several fines, penalties, and forfeitures, hereafter mentioned, on the breach of any of the said Articles; which sums when received are to be appropriated for the use and benefit of the then inhabitants of the Bay, in such manner and such proportion as shall be agreed on by such a number of the principal inhabitants not exceeding seven, nor