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New page: '''Anno Vicesimo Sexto'''<br /> '''Beorgii III. Regis.''' '''CAP LXII''' An act to enable the ''East India'' Company to raise Money by a Sale of Annuities, and by increasing their Cap...
'''Anno Vicesimo Sexto'''<br />
'''Beorgii III. Regis.'''
'''CAP LXII'''
An act to enable the ''East India'' Company to raise Money by a Sale of
Annuities, and by increasing their Capital Stock.
Whereas the Publick stands indebted to the United Company of Merchants of
England trading to the ''East Indies'', in the Sum of four millions two hundred
thousand pounds, lent, at various times, under the Authority of several acts of
parliament, for which an annuity is now payable to the said United Company,
to the amount of One hundred and twenty six thousand pounds, being an
interest on the said debt at and after the rate of three pounds per centum per
annum: And whereas the said United Company, pursuant to the powers
contained in an act of parliament made in the twenty third year of the reign of
his late majesty King George the Second, intituled, An Act for giving further
time to the proprietors of annuities after the rate of Four Pounds per Centum
per Annum, to subscribe the same in the manner and upon the terms there in
mentioned; and for redeeming such of the said annuities as shall not be so
subscribed; and for and powering the the east India company to reye's certain
sums by transferable annuities have borrowed and taken in by subscription
from sundry persons the sum of two millions to nine hundred 90 two the
thousand four hundred and 40 pounds five shillings by a grant of annuities
called in your annuities which now carry an interest at the rate of 3lbs. first
cents an her and amounting to the yearly seven of a T. nine thousand seven
hundred and 70 three pounds full Shilling's and whereas for the purpose of
enabling the said united company to carry on an extended trade and also to
discharge for the moms to which they are liable it is necessary an expedient
that beset united company should be enabled to raise a further sign of money
than they are now in able to do makes their full please you'll most excellent
majesty that it may be enacted and bits enacted by the Kings most excellent
majesty buying and with the advice and consent of the lots. Fall and temporal
and commons in this present parliament assembled and by your 40 of the same
that it shall and may be lawful to handful% united companies and they are
here by authorized an impound by and with the consent and approbation of
the commissioner's office majesty's treasury for the time being want any three
year or more often all of the high a treasurer full time being the at such time
four times and is such a manner as they shall find to be most for the fun to
show of the said company to borrow and take in by subscription or otherwise
from any person or persons bodies politic all corporate Buechele be willing to
advance the same any son or sums of money by the sale or mortgage of a fund
attended whether annuity at the rate of 3lbs. her cents and her an not
exceeding in the whole the Daniels some of 30 six thousand two hundred and
twenty 6lbs. sixteen schillings being an immunity due to the sent united
company from the public in consideration of one million two hundred and
seven thousand five hundred and 50 nine pounds fifteen schillings part of the
set some of fall millions to hundred thousand pounds which set sail shell and
maybe may at such price of prices as the court of directors of the said united
company buying and with the consent and application of the commissioners of
his majesty's treasury for the time being walk any three or more of them all the
high a treasure full of time being shell thing fit the and that from and after the
time of such a sale the center annuities Shelby hay and transferred in like
manner and the proprietors and holders shell in all respects hold their
respective shares of the said fund to be purchased as aforesaid in like manner
the and upon the same terms as they respective present proprietors now hold
and enjoy the respective sums belonging to them in the said annuity fund of
two millions nine the hundred 90 two thousand four hundred and 40 pounds
five schillings band% annuities said to be sold as aforesaid shall be
consolidated with this said found of 2 million nine hundred 90 two thousand
fall hundred and 40 pounds five shootings and cassette decks of fall millions
to hundred thousand pounds Q. from the public two percent united company
and the annuities payable in respect their fall Shelby a collateral security to the
proprietors and holders of the said annuities so to be sold for mortgage as
aforesaid in the same manner as father said some of two millions nine hundred
90 2,000 full hundred and £40.05 schillings here to fall sold under the fall
recited act of the twenty third year of the reign of his late majesty King
George the second that subject nevertheless as such and the like provider all
condition of redemption by the company as the second son of fall millions to
hundred thousand pans due to the company by the public is all shell the
subject and liable by the act all pacts of parliament and I I hand be it further
enacted by the local authority to the fore said that it shall and may be lawful to
and fall is said united company and they are here by authorized and in
powered by an with the consent and and prevention of the commissioners of
his majesty's treasury for the time being or any three or more of them all of the
highly treasurer for the time being at any time all times hereafter to the open
box and to receive subscriptions from any person or persons natives all
foreigners bodies, take all corporate for enlarging their present capital stock or
fund of three millions to hundred thousand pounds to a son not exceeding the
further son of baked hundred thousand pounds capital stock so as to make the
whole capital stock the sun all fall millions which said additional capital stock
Shelby subscribed and paid for at the rate of 100 and 60 pounds for every one
hundred pounds all such stop all that is such other rates as the court of
directors of the said united company with the consent and approbation of the
commissioners of his majesty's treasury, time being for any three or more of
them all of the Hyatt treasurer for the time being shell direct which said
subscription Shelby may have the money for the cent additional stock from the
pay in such manner and form and by such installments and proportions as the
said "the directors with such consent and and prevention as aforesaid show up
point and the capital stock so subscribed and paid for shell from and after the
time of such payments be deemed considered in and taken as and for a part of
the capital stock office said company and the set subscribers from an often the
time of making full payment for said additional stock and their respective
executives foreign ministry says and the signs shell at all times he deemed and
reputed to be members of the sent united company and incorporated there
with and Shelby entitled on two and have hold their enjoying all and every the
profits benefits privileges advantages and immunities and the subject and
liable to all and every the regulations rules and orders where to the present
stockholders and members of the city united company in respect of the stock
held by an alarming to them are expected to be entitled subjects and Lionel
unto that any actual acts of parliament chatter all I know all otherwise have
also ever
'''Beorgii III. Regis.'''
'''CAP LXII'''
An act to enable the ''East India'' Company to raise Money by a Sale of
Annuities, and by increasing their Capital Stock.
Whereas the Publick stands indebted to the United Company of Merchants of
England trading to the ''East Indies'', in the Sum of four millions two hundred
thousand pounds, lent, at various times, under the Authority of several acts of
parliament, for which an annuity is now payable to the said United Company,
to the amount of One hundred and twenty six thousand pounds, being an
interest on the said debt at and after the rate of three pounds per centum per
annum: And whereas the said United Company, pursuant to the powers
contained in an act of parliament made in the twenty third year of the reign of
his late majesty King George the Second, intituled, An Act for giving further
time to the proprietors of annuities after the rate of Four Pounds per Centum
per Annum, to subscribe the same in the manner and upon the terms there in
mentioned; and for redeeming such of the said annuities as shall not be so
subscribed; and for and powering the the east India company to reye's certain
sums by transferable annuities have borrowed and taken in by subscription
from sundry persons the sum of two millions to nine hundred 90 two the
thousand four hundred and 40 pounds five shillings by a grant of annuities
called in your annuities which now carry an interest at the rate of 3lbs. first
cents an her and amounting to the yearly seven of a T. nine thousand seven
hundred and 70 three pounds full Shilling's and whereas for the purpose of
enabling the said united company to carry on an extended trade and also to
discharge for the moms to which they are liable it is necessary an expedient
that beset united company should be enabled to raise a further sign of money
than they are now in able to do makes their full please you'll most excellent
majesty that it may be enacted and bits enacted by the Kings most excellent
majesty buying and with the advice and consent of the lots. Fall and temporal
and commons in this present parliament assembled and by your 40 of the same
that it shall and may be lawful to handful% united companies and they are
here by authorized an impound by and with the consent and approbation of
the commissioner's office majesty's treasury for the time being want any three
year or more often all of the high a treasurer full time being the at such time
four times and is such a manner as they shall find to be most for the fun to
show of the said company to borrow and take in by subscription or otherwise
from any person or persons bodies politic all corporate Buechele be willing to
advance the same any son or sums of money by the sale or mortgage of a fund
attended whether annuity at the rate of 3lbs. her cents and her an not
exceeding in the whole the Daniels some of 30 six thousand two hundred and
twenty 6lbs. sixteen schillings being an immunity due to the sent united
company from the public in consideration of one million two hundred and
seven thousand five hundred and 50 nine pounds fifteen schillings part of the
set some of fall millions to hundred thousand pounds which set sail shell and
maybe may at such price of prices as the court of directors of the said united
company buying and with the consent and application of the commissioners of
his majesty's treasury for the time being walk any three or more of them all the
high a treasure full of time being shell thing fit the and that from and after the
time of such a sale the center annuities Shelby hay and transferred in like
manner and the proprietors and holders shell in all respects hold their
respective shares of the said fund to be purchased as aforesaid in like manner
the and upon the same terms as they respective present proprietors now hold
and enjoy the respective sums belonging to them in the said annuity fund of
two millions nine the hundred 90 two thousand four hundred and 40 pounds
five schillings band% annuities said to be sold as aforesaid shall be
consolidated with this said found of 2 million nine hundred 90 two thousand
fall hundred and 40 pounds five shootings and cassette decks of fall millions
to hundred thousand pounds Q. from the public two percent united company
and the annuities payable in respect their fall Shelby a collateral security to the
proprietors and holders of the said annuities so to be sold for mortgage as
aforesaid in the same manner as father said some of two millions nine hundred
90 2,000 full hundred and £40.05 schillings here to fall sold under the fall
recited act of the twenty third year of the reign of his late majesty King
George the second that subject nevertheless as such and the like provider all
condition of redemption by the company as the second son of fall millions to
hundred thousand pans due to the company by the public is all shell the
subject and liable by the act all pacts of parliament and I I hand be it further
enacted by the local authority to the fore said that it shall and may be lawful to
and fall is said united company and they are here by authorized and in
powered by an with the consent and and prevention of the commissioners of
his majesty's treasury for the time being or any three or more of them all of the
highly treasurer for the time being at any time all times hereafter to the open
box and to receive subscriptions from any person or persons natives all
foreigners bodies, take all corporate for enlarging their present capital stock or
fund of three millions to hundred thousand pounds to a son not exceeding the
further son of baked hundred thousand pounds capital stock so as to make the
whole capital stock the sun all fall millions which said additional capital stock
Shelby subscribed and paid for at the rate of 100 and 60 pounds for every one
hundred pounds all such stop all that is such other rates as the court of
directors of the said united company with the consent and approbation of the
commissioners of his majesty's treasury, time being for any three or more of
them all of the Hyatt treasurer for the time being shell direct which said
subscription Shelby may have the money for the cent additional stock from the
pay in such manner and form and by such installments and proportions as the
said "the directors with such consent and and prevention as aforesaid show up
point and the capital stock so subscribed and paid for shell from and after the
time of such payments be deemed considered in and taken as and for a part of
the capital stock office said company and the set subscribers from an often the
time of making full payment for said additional stock and their respective
executives foreign ministry says and the signs shell at all times he deemed and
reputed to be members of the sent united company and incorporated there
with and Shelby entitled on two and have hold their enjoying all and every the
profits benefits privileges advantages and immunities and the subject and
liable to all and every the regulations rules and orders where to the present
stockholders and members of the city united company in respect of the stock
held by an alarming to them are expected to be entitled subjects and Lionel
unto that any actual acts of parliament chatter all I know all otherwise have
also ever
