Page:Ruffhead - The Statutes at Large - vol 7.djvu/621

 A. D. 1755.. Anno vlcelimo odlavo Georgii II. C. 14. 6oi ' ment of the faid laft-mentioned AQ:, be varied and made conformable to the Alterations thereby made in ' mentioned A6t given to his faid Majefty, a Society by the Name of Thu Society of the Free Britifh Fijh:ry^ ' hath been incorporated by Charter, bearing Date the eleventh Day of O^Sai^jr one thoufand feven hundred ' and fifty, and a very confiderabie Sum of Money hath been fubfcribed and paid in towards carrying on the ' Purpofes of the faid A£i: and Charter, in which the faid Society did adually expend and employ, within ' eighteen Months from the Date of their Subfcription, the Sum of one hundred and fo:jr thouiand five ' hundred and nine Pounds, and the faid Society have accordingly, in purfuance of the faid two feveral ' Afts herein before recited, received of the CommiiTioners of his Majefty 's Cuftoms, Intereft for the faid ' Sum of one hundred and four thoufand five hundred and nine Pounds, after the Rate of three Pounds per ' Centum per Annum, for two Years, computed from the faid eleventh Day oi O^ober one thoufand feven ' OSiobcr one thoufand feven hundred and fifty-two, New Stile : And whereas fince the faid twenty-f-xond ' fand five hundred and nine Pounds : And whereas it is conceived that it would be for the Benefit and Ad- '' vantage of the faid Society to be impowered to let out to Hire to any Perfon or Perfons any of the Bufles ' now belonging, or hereafter to belong to the faid Society, to be employed only in the faid Fiflieries, and ' at Liberty to follow the faid White Herring Filliery in any Part of the Britijh Seas : And whereas fome ' Doubts have arifen touching theValidity of the Fayment of the Intereft of three Pounds per Centum per ' Annwn, fo made to the faid Society on the faid Sum of one hundred and four thoufand five hundred and ' nine Pounds, to the faid twenty-i'econd Day of OSiober one thoufand feven hundred and fifty-two ; an.d ' alfo touching the Times from whence the Computation of the Intereft accrued due, or hereafter to grow ' due, to the faid Society, from the faid twenty-fecond Day oiOSioher one thoufand feven hundred and ' fifty-two, ought to be made:' Therefore, for putting an End to all fuch Doubts, and for giving further Encouragement to the carrying on the faid Fiflieries ; Be it enafted and declared, and it is hereby enaiSed and declared by the King's m.oft Excellent Majefty, by and with the Advice and Confent of the lords Spiritual and Temporal, and Commons, in this prefent Parliament aflembled, and by the Authority of The Payment the fame, That the Payment of the Intereft of three Pounds per Centu?n per Annuin, miide by the Com- '^}^^ '° theSo- miffioners of his Majefty 's Cuftoms, to the faid Society on the faid Sum of one hundred and four thoufand int"^?[. °ft ciTt^e ^ five hundred and nine Pounds, and computed from the eleventh Day oi OSlober one thoufmd feven bun- Sumof 104,509!. dred and fifty, to the twenty-fecond Day of Oif7o^^r one thoufand icven hundred and fifty-two, fhall be jpproved and deemed a good and valid Payment, within the true Intent and Meaning of the faid A£t herein firft recited ; continued. and that the faid Society fhall not be liable to any Deduttion from or Re-imhurfement of the Sum fo paid Future intereft to them for Intereft as aforefaid, or any Part thereof; and that all future Intereft on the faid Sum of one '» ^"= ™™f?]5'' hundred and four thoufand five hundred and nine Pounds, ibiall be computed and paid from the faid twenty- i,™™ " °" fecond Day oi OSiober one thoufand feven hundred and fifty-two. II. And be it further enafled and declared by the Authority aforefaid. That all future Computations Futurelntereftof of Intereft, payable to the faid Society by virtue of or under the faid AQ. herein firft recited, in refpedt of ^'^'"o""' Sums any additional Sums already paid in, or hereafter to be paid in, over and above the faid Sum of one hun- ^° ^^ ™" 'p^^, dred and four thoufand five hundred and nine Pounds, fhall be made from the refpeftive Day or Days on mems'into^the'' which each Sum refpedivelywas or fliall hereafter be paid into the Bank oi England, in order to be ex- Bank, pended or employed in the faid Fifheries. III. And it is further enadted by the Authority aforefaid. That fo much of the faid herein firft recited ^"^^/^f^ij' ASt, as direfts that no Transfer of any of the Stock or Share of or in the Sum of five hundred thoufand continued for 7 Pounds, which the faid Society are by the faid Ai£i impowered to raife as a Capital Stock, fliall be made for years. the Space of five Years, from the Date of their Charter, except in fuch Cafes as in the faid A61: are men- Exception, tioned and excepted, ftiall be continued and be in force for the further Term of feven Years, to be com- puted immediately from and after the Expiration of the faid Term of five Years. IV". And be it further enafted by the Authority aforefaid. That the feveral Allowances of three Allowances of Pounds per Centum per Annum, and the Bounty of thirty Shillings per Ton, granted by the faid Aft s, l'^^''^" ^JP' ;J'" for the refpeftive Terms therein and herein before-mentioned, ftiall be continued for the further Term .g^ -Pon^ conti- of three Years, to be computed immediately from and after the Expirations of the faid refpe£tive Terms, nucd for 3 Ye^rs, for which the fanje were granted as aforefaid, and ftiall be paid and payable for fuch further Term of three Years to the faid Society, and to fuch other Perfon or Perfons as are or may be intitled to the faid Allowances refpeftively, by virtue of or under the faid A6ts, in fuch Manner, and by fuch Perfon and Perfons, and out of fuch Monies, as the fame are now payable by virtue of or under the faid A£ts, or either of them. V. And be it further enafted by .the Authority aforefaid, That it fliall and may be lawful for the faid Society may hire Society, from Time to Time, to let out to Hire, to any Perfon or Perfons, any of the Bufles belonging ""' ''"'"^^"""S or which may hereafter belong to the faid Society, to be ufed and employed in the faid Fifheries only, under and fubjefl to fuch Regulations and Reftridlions as the faid Society would' be liable and fubjecl unto, ^'l';'^^^-°jjf^^ in cafe fuch Buffes fo let out, were immediately under the Direflion and Employment of the faid Society ; -=" "^ and alfo that it fliall and may be lawful for the faid Society, and for fuch Perlbn or Perfons to whom any Fiihery may hi of their Buifes may be fo let out to Hire as aforefaid, to follow the laid White Herring Fifliery in any Part followed in ouy r .1 D ■^•/7 c ail Part ot the Bn. oih<i Bntin:: Seas. ti(hSeas. Vox.. Vii. 4 H VI.
 * refpeft of fuch feveral Days of Rendezvous: And whereas purfuant to the Powers by the faid firft-
 * hundred and fifty, Old Stile, being the Date of the faid Society's Charter, to the twenty-fecond Day of
 * Day oi OSiober one thoufand feven hundred and fifty-two, the faid Society have expended and employed
 * in the faid Fifhery a further Sum of Money, over and befide the faid Sum of one hundred and four thou-
 * alfo for the faid Society, and fuch Perfon or Perfons to whom fuch Buffes may be fo let out to Hire, to be