Page:Ruffhead - The Statutes at Large - vol 3.djvu/795

 A. D. 1698. Anno nono & decimo Gqlielmi III. C. 44. 739 ces, yearly Payments, and Advantages hereby provided, according to the true Intent and Meaning of this Aft. LXXXIII. Provided alfo, and be it enadled by the Authority aforefaid, That nothing in this A(5l fliall The prefent Eaft extend, or be conftrued to extend, to hinder or rcftrain the Governor and Company of Merchants of Lon- '""^'^ Company don trading into the Eajl Indies, to continue to trade within the Limits aforefaid, until the nine and twen- ""^s '" ° ' tieth Day of Sepie?nbcr one thoufand feven hundred and one ; any thing in this Adl contained to the con- trary notwithftanding. LXXXIV. Provided alfo, and be it enafted by the Authority aforefaid. That nothing in this A(9: fhall Ships cleared out extend, or be conftrued to extend, to make any Ships (not in the Service of the faid Governor and Com- before i July pany of Merchants o^ London trading into the E/?/l Indies) which were cleared outwards from England, or '^9^' "°' vMz elfewhere, for the Eq/l Indies, or Limits aforefaid, before the firlT: Day of ytily one thoufand fix hundred ° "' "■ ■ninety-eight, or the Lading thereof (fo as they return into fome Port of this Kingdom without breaking Bulk in any Part oi Europe) to be liable to any of the Penalties or Forfeitures in this Ail j any thing herein ■contained to the contrary notwithftanding. LXXXV. And be it enabled by the Authority aforefaid, That the Governor and Company of Mer- Prefcnt Eaft In- ■chants of LaWsw trading into the Eq/i Indies fhall pay and difcharge all jufl: Debts whatfoever, which the dia Company to faid Governor and Company do ov/e, or are fubjeil to ; and that all and fmgular the Manors, Lands, Te- P^y tl":"" i"^. nements. Goods, Wares, Merchandizes, Chattels real and perfonal, as well granted and confirmed to E^aJ^s ^"ade them and their Succeflbrs by any Letters Patents under the Great Seal of England heretofore made, or by Uablc thereunto the Conceffions and Grants of any Perfon or Perfons whatfoever, or of which they now are or hereafter (hall be feized or poffefl'ed, by any Manner, Ways, or Means whatfoever, fhall be and are hereby declared to be fubjeft unto and chargeable with the Payment of the faid juft Debts ; and if at any Time, from and Iftheymakeany after the four and twentieth Day of jfune one thoufand fix hundred ninety-eight, the faid Governor and Dividends before Company, or any other Perfon or Perfons, fliall make any Dividend or Dividends of their Stock and Eflates, rj^r"'"^^^^"'' ■or any Part thereof, or of any of the EfFefls or Produce of the fame, before the full Payment and Satif- toriiable'"ro" faftion of their faid juft Debts, in every fuch Cafe, the particular Members, and every of them refpeftively, far as their' who in their private or perfonal Capacities fhall receive any Share of fuch Dividend or Dividends, fliall be shares ftaii ex.. feverally liable, and they are hereby made liable, fo far as their refpefl-ive Shares, fo by them refpeftively '™''> '° P^^' received upon fuch Dividend or Dividends, fhall extend, to pay and fatisfy the faid Debts, or fuch of them ^'^' which fhall remain due and unpaid, to any other Perfon or Perfons, Bodies Politick or Corporate, who by virtue of this Aft are feverally enabled to fue for and recover the fame, befides double Cofts of Suit, by Ac- tion of Debt, or of the Cafe, as is before mentioned j any thing in this Aft, or any Law, Statute, Ufage, or Prefcription to the contrary notwithftanding. LXXXVL Provided always, and be it enafted. That every Society, Company, or Corporation what- Society, &c. not foever, which fhall be erefted or eftablifhed in purfuance of this Aft, and their SuccefTors refpeftively, '"""'^ '^'"'^ ihall take care, that the Sum Total of all the Debts which fuch Society, Company,, or Corporation refpec- cfhc->^ai^'-"^i lively, fhall owe at any one Time to any other Perfon or Perfons, Bodies Politick or Corporate, do not stock undi'vide'd exceed the Value of the Principal or Capital Stock or Stocks, which at any fuch Time fhall be and remain &c. to fuch Society, Company, or Corporation, undivided; and that in cafe any fuch Society, Company, or If 'heir Debts Corporation, by any Dividend or Dividends whatfoever, to be made amongft themfelves, or in their private f'jceed their C» or perfonal Capacities, fhall reduce orleflen their Joint Stock, Principal or Capital, without limiting, pay- Memberiiable ing off, or proportionably reducing the Total Sum of the faid Debts which they fhall owe to others, as to pay fo far as aforefaid, fo that the Value of their Joint Stock, Principal or Capital undivided, fl'iall not be fufficient to the Shares will anfwer their juft Debts then remaining unpaid, in every fuch Cafe the particular Members, and every of extend, &c. them refpeftively, who in their private or perfonal Capacities fliall receive any Share of fuch Dividend, fhall be feverally liable, and they are hereby made liable, fo far as the refpeftive Shares, fo by them refpec- tively received upon fuch Dividend or Dividends, fhall extend, to pay and fatisfy the Debts which fhall re- main due and unpaid by fuch Society, Company or Corporation refpeftively, to any other Perfons or Bo- dies Politick or Corporate as aforefaid, who by virtue of this Aft fhall and may fue for, and recover the fame, befides Cofts of Suit, by Aftion of Debt, or of the Cafe, as is before mentioned ; any thing in this Aft, or any other Aft, Law, Ufage, or Cuftom to the contrary notwithftanding. LXXXVIL Provided always, and it is hereby enafted by the Authority aforefaid. That out of the Mo- Appropriations, nies which fliall be contributed or advanced upon this Aft, and out of the Monies which by Loans or other- „ wife, upon any other Aft or Afts of this prefent Seffion of Parliament, for granting of any Aid or Supply ^■^^ M^ms^ to His Majefty (fhall arife over and above the Monies by them, or any of them appropriated, direfted or 29,2091. authorized to be applied for any particular Ufe or Ufes, Purpofe or Purpofes therein mentioned) the Sums For the Civil following iliall and may be appHed, iffued and difpofed (that is to fay) the Sum of twenty-nine thoufand Government two hundred and nine Pounds, to defray the Expence and Charges of His Majefty's feveral Mints, and to 4^°>°^o'' ^"^ clear the Monies which are due to the feveral Importers there; and the Sum of four hundred thoufand conuafls for Pounds for defraying the Expences of Flis Majefty's Houftiold and Family, and other neceflary Occafions circulajing Ex- of the Civil Government, over and above the Sum, not exceeding fix hundred th^oufand Pounds, which in chei^uer Bills, and by one Aft of this Seffion, intituled^ Jn A £1 for granting to His Majcjly an Aid hy a ^tarterly Poll for The re^^J",' one Year, is to be made ufe of for paying of Tallies, and other Purpofes therein mcntioneS ; and that out s'j'j";^^" ^^* of the Monies to be advanced, or to arile as aforefaid, fuch Sums as fliall be neceflary to fatisfy the Era- gSc loVf. -, mums or Rewards due or to be due to fuch as have contrafted, or fliall contraft to advance Monies from c. 3S, time to time for exchanging or circulating the Bills, commonly called Exchequer Bills^ fhall and may be in like Manner applied and difpofed ; and that all other the Monies which fhall be advanced upon this Aft, or arife by Loans or otherwife as aforefaid, upon any other Aft or Afts of this prefent SefHon of Parliament (other than and except as is before mentioned) fhall and may be applied, and the fame are hereby appro- priated for and tow;ifds the Payment and Satisfaftion of fuch Sum and Sums of Money as are or fliall be S B 2 due,