Page:Ruffhead - The Statutes at Large - vol 6.djvu/197

 A. D. 1733, Anno fexto Georgii II. C. 28. 135 Force and Virtue of this prefent Act, be revived and continued, and be practifed and put in Execution, as fully and effectually, to all Intents and Purpofes whatfoever, as if all and every the faid Powers, Au- thorities,, Privileges, immunities, Exemptions, Benefits of Trade, and other Benefits, Profits and Ad- vantages,. Reftrictions, Savings, Rules and Directions were again repeated and particularly re-enacted in the Body of this prefent Act ; other than and except in fuch Cafes, touching which different or other Provilions or Directions are made and given in and by this Act. XVIII.- Provided always, and be it enacted by the Authority aforefaid, That the faid South-Sea Com- Sub-Covemor, pany, or any Member thereof, (h.dl not incur any Difability for or by Reafon of this Act, nor (hall Deputy-Cover- the prefent Sub-Governor or Deputy-Governor, nor any of the prefent Directors, be deemed to be dif- JJot d^uaUf^d' ' qualified to continue Sub-Governor, Deputy-Governor or Director, after the faid Separation or Divi- to aft aTfu'ch 6 , fion of the faid Capital Stock, and until the twenty-fifth Day of December one thoufand feven hundred till 25 Dec 1735, and thirty-three, for or by Reafon of their not having remaining, in their own refpective Names and Right, lb much Capital Stock of the faid Company, as they, before the making of this Act, were Provifo, required to have, for the Qualification of fuch Sub-Governor, Deputy-Governor or Director refpective- ly, fo as fuch Sub-Governor, Deputy-Governor or Director reflectively, fliall have and continue, in his own Name and Right, fo much of the faid new Joint Stock of the South-Sea Annuities, as together with the Trading Stock remaining in his own Name and Right, fhall make up the Sum in Stock which before the making of this Act was requifite for fuch refpective Qualification. XIX. And be it enacted by the Authority aforefaid, That from and after the faid twenty-fifth Day of How they are t<» December one thoufand feven hundred and thirty-three, no Perfon lhall be qualified for or be capable of be qualified af- being Governor (his moft Excellent Majefty only excepted) unlets fuch Governor fliall have, in his own ^ec. mi'.^ Name and Right, five thoufand Pounds or more in the faid Trading Stock of the laid Company ; nor ihall any Perfon be qualified for or capable of being Sub-Governor of the faid South-Sea Company who ihall not have, in his own Name and Right, four thoufand Pounds or more in the faid Trading Stock of the faid Company ; nor fliall any Perfon be qualified to be a Deputy-Governor, unlefs fuch Deputy- Governor fliall have, in his own Name and Right, three thoufand Pounds or more in the faid Trading Stock of the faid Company, and that no Perfon fliall be qualified for or capable of being a Director of the faid Company, who fliall not have, in his own Name and Right, two thoufand Pounds or more in the faid trading Stock. XX. And be it enacted by the Authority aforefaid, That no Member of the faid Company fliall be Members not 1 deemed to be difqualified to give any Vote or Votes at the General Courts of the faid Company, after diiquaiified to- Separation or Diviiion of the faid Capital as aforefaid, and until the faid twenty-fifth Day of December tin ^f^ 6 one thoufand feven hundred and thirty-three, for or by Reafon of his or her not having remaining, in Time. his or her own Name and Right, fo much Capital Stock of the faid Company as, before the making this Act, was required for a Qualification for fuch Vote or Votes, fo as fuch Member fliall have and conti- nue, in his or her own Name and Right, fo much of the faid new Joint Stock of South-Sea Annuities as, together with the Trading Stock remaining in his or her own Name and Right, (hall make up the Sum in Stock, which before the making of this Act was requifite for a Qualification for fuch Vote or Votes. XXI. And be it alfo enacted, That from and after the faid twenty-fifth Day of December one thou- Qualifications fand feven hundred and thirty-three, in every General Court of the faid Company, every Member of the ^FVotars after. faid Company who fhall be prefent at fuch General Court, and fliall have, in his or her own Name and 25 "" J 1^ Right, the Sum of five hundred Pounds in the faid Trading Stock, fhall have one Vote ; and every fuch Member who fhall have, in his or her own Name and Ri ; ,ht, the Sum of two thoufand Pounds in the faid Trading Stock, fhall have two Votes; and every fuch' Member who fliall have, in his or her own Name and Right, three thoufand Pounds in the faid Trading Stock, fhall have three Votes ; and every fuch Member who (hall have, in his or her own Name and Right, five thoufand Pounds in the faid Trading Stock, fliall have four Votes, and that no Member of the faid Company fhall have more than four Votes. XXII. Provided always, and be it enacted by the Authority aforefaid, That the feveral and refpective The Oaths to be Gaths which are at prefent by the Charter of the faid Company to be adminiftered to the faid Sub- taken by the Governor, Deputy-Governor and Directors of the faid Company refpedtively, upon their being chofen &"^°e r e the r ' into the faid refpective Offices, and alfo to the Members of the faid Company intitled to vote in the Ge- faid 25 Dee. neral Courts of the faid Company, at or before their giving fuch Votes, fliall from and after the faid how to be at» twenty-fifth Day of December one thoufand i'even hundred and thirty-three, be altered with Refpect to teied> the faid Qualifications of Office and voting refpectively, in fuch Manner as to be confiftent with the re- fpective Regulations herein before enacted concerning the faid feveral and refpective Qualifications and not other wife. XXIII. Provided always, and be it enacted by the Authority aforefaid, That in all Cafes where, Truft Stocirs, • in Purfua'nce of this Act, any fuch Diviiion as aforefaid (hall be made of any Stock of the faid Com- after the Sepa- pany, which fhall at the lime' of fuch Divifion be velted in or held by any Perfon or Perfons Seftme Truft* in Truft for others, the refpective Parcels of the faid new Joint Stock- of South-Sea Annuities, and as before* * of the faid Trading Stock of the faid Company, which fuch Truftee or Truitees (hall be" intitled to by Virtue of this Act, in lieu of the faid Stock held by him or them in Truft as aforefaid, at the Time of making fuch Divifion, fhall be and remain liable to the fame Trufts for the Benefit of the fame Perfons, and to the fame Ufes as the laid Truft Stock was liable to at the Time- of making the faid Divifion. Truftees may« XXIV. Provided always, and it is hereby further enacted by the Authority aforefaid, That it fhall and convert Truft: may be lawful to and for any fuch Truftee or Truftees to fell and difpofe of nich his or their remain- ^^'."Jf me