Page:Ruffhead - The Statutes at Large - vol 4.djvu/530

 478 C. 21. Anno nono Ann^ Regin^e. A.D. 1 710, f^vrif to dirc£t -the Orderin ■tke TaUics/ Joint Stock, &c. jefl:y,-her Heirs and Succefibrs in the faid Letters Patents, the faid firft Governor and Diredors being fo qualified, as all fubfequent Governors and DiretSors iliall be qualified, and to continue in their refpedive Offices for one Year onl^f ; and that the Peribns fo incorporated and their Succefibrs, by the fame Name, fhall be able and capable in Law to have, purchafe, receive, enjoy, poflefs, and retain, to them and their' Succefibrs, Lands, P^ents, Tenements, and Hereditaments, not exceeding the yearly Value of one thoufand Pounds, together with fuch Powers, Capacities, Privileges, Immunities, and Advantages, and fuhjed to and under fuch Rules, Conditions, Limitations, and Refliridions, as her MajeP-y, her Heirs or Succefibrs, ■ in her or their great Wifdom fliiall think fit, and to do and execute all and fingular Matters and Things by the fame Name that to them fhall or may appertain to do. HerMsjefty by XXVL And it is hereby further ena61:ed by the Authority aforefaid. That it ftiall and may be lawful to. the faid Letters, apj for her Majefly, her Heirs and Succefibrs, by the faid Letters Patents of Corporation, or by anyCom- «r by Commif- „^j/];-jQn or Commiltions under the Great Seal of Gi-ecit Britain, to be granted before or after the faid Let- of ters Patents, to direft and appoint how and in what Manner the Tallies and Orders, Bills, Ticlcets, Cer- tificates, or Debentures, intended to be provided for by this Aft, and alfo the Money hereby intended to be made Part of the Capital Stock of the faid Corporation, upon Account of the Publick, fhall or may be fubfcribed, admitted, or taken into, or be made Part of the faid Capital Stock of the faid Company or Cor- poration ; and alfo to dire£t how and in what Manner fuch Part of the Stock of the faid Corporation, w.-hich is hereby intended to be for the Ufe of the Publick, fhall and may be difpofed and applied to the XJfe of the Publick, and accounted for ; and alfo how and in what Manner the faid Tallies, Orders, Tickets, ' ■Certificates, Bills, or Debentures, intended to be taken into the Joint Stock of the faid Corporation, {hall or may be difpofed of, difcharged, and accounted for; and alfo how the Property of all Perfons interefted in the faid Tallies, Orders, Tickets, Certificates, Bills, or Debentures, fhall or may be afcertained, ad- jufied, and fettled ; and alfo that her Majefty, her Heirs and SuccefTors, fhall and may, in and by fuch Ccmmiffion and Commiflions as is lafi: mentioned, direft the CommiiRoners therein to be named, how and an what Manner to proceed in the Execution of fuch Commiffion or CommifTions ; and alfo that it fliall and inay be lawful to and for her Majefty, her Heirs and Succefibrs, in and by the faid Letters Patents of In' ■coiporation, or by fucli CommifTion or Commiflions, as aforefaid, to di reft how and in what Manner the proper Officers of the Exchequer for the time being may know and be informed how much the Capital Stock ■of the faid Company doth, for the time being, confifl of, and -all other Things requifite thereunto, that fo. the proper Officers of the Exchequer may know whether they are to pay to the Cafhier of the faid Com- pany, to the Ule of the faid Company, the faid whole annual Sum of five hundred fix ty-eight thoufand two hundred fevenly-nine Pounds and ten Shillings, or only a proportionable Part thereof. ' XXVII. And whereas great Part of the Debt of the Navy and Viftualling, and for Tranfport Service, ' and of the Office of Ordnance, is afcertained by Bills or Debentures payable in Coui fe, and other Part ' of the Debt of the Navy is alfo afcertained by Tickets made out for Wages to Seamen, and others who ' ferved on Board any of her Majefi;y"s Ships, but great Part of the faid Debt is for V/ages due to the ' Seamen and Workmen in her Majefiy's Docks and Yards, for which the refpeftive Peribns, to whom ' the fame is due, have no Bills, Tickets, or Debentures to afcertain the fame ;' Be it therefore enafted by the Authority aforefaid. That the Commiffioners of the Navy for the time being fhall and are hereby required forthwith to caufe an exaft and true Account to be made up and delivered unto the Commiffioners of the Treafury now being, or the Lord High Treafurer, or the Commiffioners of the Treafury for the time being, of the refpeftive Sums due from the faid Navy Office, as well upon Bills in Courfe upon the f.cond Regifler Book, as for the Bills in Courfe in the prefent Regifter Book, on or before the five and twentieth Day of March one thoufand feven hundred and eleven, as well for Principal as for Interefl:, and alfo df all Tickets made out, on or before the faid five and twentieth Day of March one thoufand fevc. hundred and eleven, for the Wages of Seamen, or others, who have ferved on Board any of her Majefl:y's Ships ; and alfo that the Commiffioners of the Viftualling, and the Commiffioners of Tranfports, and the Officers of he,r Majefiy's Office of Ordnance refpeftively, fhall and are hereby required forthwith to caufe a true and exaft Account to be made up and delivered to the Commiffioners of the Treafury now being, or the Lord High Treafurer, or Commiffioners of the Treafury for the time being, of all the feveral and refpeftive Sums due from, thofe feveral and refpeftive Offices, to the five and twenteith Day of March one thoufand feven hundred and eleven inclufive, for which Certificates or Debentures, payable in Courfe, arc or fhall have been made forth : And the Commiffioners of the Treafury now being, or the Lord High Treafurer or Commiffioners of the Treafury for the time being, fhall and are hereby required to caufe all the faid Debts of the faid feveial Offices of the Navy, Victualling, Tranfport, and Ordnance, for which fuch Bills, Tickets, Certificates, or Debentures are, or, as aforefaid, fhall have been made out, to be caft. tip into one total Sum, and fhall likewife caufe to be caft: up in one total Sum, the feveral Sums herein be- fore mentioned to be computed to be the Debt of all thofe feveral Offices ; and fhall add to the f.:id lafl: mentioned total Sum,' the Sum of five hundred thoufand Pounds herein before mentioned and agreed to be charged upon the Fur.ds hereby fettled as Part of the Provifion for this prefent yearly Service ; and fhall caufe to be dedufted out of the Sums laft mentioned, the Sum total which all the Debts of the Offices cf the Navy, Viitualling, Tranfport, and Ordnance, to the five and twentieth Day of March one thoufand feven hundred an,d eleven inclufive, as v/ell for Principal as Interefl, fhall amount to, and for which fuch Bills, Tickets, Certificates, or Debentures are or fhall have been made out ; and fo much as fhall remain of of the Cioi^far f^e total Sum herein computed to be the Debt of the fi; id Offices, and of the faid five hundred thoufand l-fx-kcf ri.,e Pounds for this Year's Service, added together, after .fuch DeJuftion thereout, as aforefaid, fhall be, and r ... ; - be deemed and taken to be publick Money, and fhall be made Part of the Capital Stock of the Company, ■• -■ <•• to be erefted by virtue of this Aft, for the Ufe of the Publick, in fuch Manner as her Majefly, her Heirs or Succefibrs, by the {;iid Letters Patents of Incorporation, or any Commiffion or Commiffions under the Great Seal of Great Britairi, or by Privy Seal or Sign Manual, fliall think fit and direft ; and the fame, and Ccmmiflioners ef the Navy to tauTe an Ac- <:V>unt of Debts due from the Navy Office on 25 Mar. 1711. to be delivered to the Treafary, Tickets fur Sea- jnens Wages, how paid, 10 Anna; c, a6 §. IJ4. And alfo the Comniiliioners for Victualling, Tranfports and Ordnance. "Which Debts, &:c. ftail b ^£t loaj oe.