Page:Ruffhead - The Statutes at Large - vol 4.djvu/644

^92 C. 2 8. Anno declmo Ann ^ Reginae. A. D. 1711, ' tuts a Corporation to trade with a Joint Stock to the faid Eqft Indiis, with fuch Powers and Authoiities, ' and under fuch Limitations as in the faid AiSt are for that Purpofe fet forth ; and his faid late Majelty did, ' in puifuance of the faid Att, by his Letters Patents under the Great Seal of England, bearing Date the ' fifth Day of iSty^/t'OTitT in tlie tenth Year of his Reign, conftitute a Corporation or Body Politick,, by ' the Natne of The Englifli Company trading to the Eaft Indies, with fuch Benefit of Trade, Powers, Privi- ' leges and Advantages, and fubje(5l to fuch Reftrictions, Conditions and Agreements, as are -in the faid ' Letters Patents fet forth : And whereas, in and by one other Aft made in the fixth Year of her' prefent Aa'TA°in** ' Majefty's Reign, intituled. An A£i for ajfurmg to the Englilh Company tradhig to the Eaft Indies, on Account J J ' ' ' of the United Stock, a longer Time in the Eund and Trade therein mentioned ; atid for raiftng thereby the Sum of ' one Million tiuo hundred thoujand Pounds, for carrying on the l-Var, and other her Majejiy's Occafions, it was, ' ena£ied. That upon Payment to her Majefty of the Sum of one Million two hundred thoufand Pounds,' ' at the Times, and upon the Terms, inthe faid- Aft rrientioned, they the faid £wg-///^ Company trading to ' tiz Eafi Indies, now called 77?^ United Company of Merchants »/" England fra^/Z/jg- ;o i/^f Eaft, Indies, fhould ' have fuch further Time and Intereft in the faid Fund and Trade to the Eafi Indies, as in the laft-mentioned ' Aft is particularly fet forth, but fubjeft tothe Provifo or Condition of Redemption in the faid laft-men- ' tioned Aft, and hereiti fet forth ;- that is to fay, it was thereby declared and, enafted, That at any Time ' upon three Years Notice, after the five and twentieth Day of March, which {hall be in the Year of our ' Lord one thoufand feven hundred apd twenty-fix, upon the E^cpiration of the faid three Years, and upon ' Repayment by Parliament, as well of the faid Sum of two Millions then before advanced, as of the ' faid Sum of one Million two hundred thoufand Pounds then to be advanced, and fince advanced and paid, ' accordingly, making in the whole three Millions two hundred thoufand Pounds, and of all Arrears ' which, at the End of the faid three Years, fhall be due for and upon the faid Fund of one hundred and ' fixty thoufand Pounds, then and from thenceforth, as well the faid Duties upon Salt, as the faid Duties ' upon ftampt Vellum, Parchment and Paper, and alfo the faid yearly Fund of one hundred and fixty ' thoufand Pounds, and all the Corporations erefted in purfuance of the faid Afts, or the Benefit of Trade ' granted by them, or by any Charters made in purfuance thereof, fhould abfolutely ceafe and determine :' Now to the Intent that the faid United Company of Merchants of England trading to the Eaft Indies^ and dieir Succelfors, may be the better incouraged to proceed in their Trade, and to make fuch lafting Settle- merits for the Support and Maintenance thereof for the Benefit of the Britijh Nation, may it pleafe your Majefty, at the- humble Petition of the faid United Company of Merchants of England trading to the Eqft The Provjfo in j^^^g^^ that Jt nijy Jje enafted ; and be it enafted by the Queen's moft Excellent Majefty, by and vi'ith the AliforRe-'^ Advice and Confent of the Lords Spiritual and Temporal, and Commons, in this prefent Parliament af- demption of the fembled, and by the Authority of the fame. That the laft-mentioned Provifo for Redemption and Deter- Dudcs on Salt, mination of the faid feveral Duties^ yearly Fund, Annuities, Corporations, and Benefit of Trade, fhall be &.C. repealed, and is hereby repealed and made void ; and that the faid Duties upon Salt, and the faid Duties upon ftampt and the faid Du- Vellum, Parchment and Paper, and the Diity of five Pounds in the hundred charged by the faid Afts upon ties iia conti. Q^^jg imported from the Eafi Indies, fhall continue, and the faid United Company of Merchants of Eng- land, trading to the Eaft Indies, and their Succeflbrs, fliall have and enjoy the faid yearly Sum of one f d'? c° ^1 hundred and fixty thoufand Pounds per Annum, or fuch Part thereof as they now are or hereafter fliall be en- ihJien'Ky'thl titled unto, and all the Benefit of Trade, Franchifes, Privileges, and Profits, and Advantages v/haxfoever, yeailySum of in Tcfpeft thereof given and granted, or intended to be given or granted unto them by the faid A61 of the ] 60,000 1. fee. ninth Year of his faid late A'lajefty's Reign, or by the faid Charter of the fifth Day of September in the difchargedof tenth Year of his faid late Majefty's Reign, or by the faid Aft of the fixth Year of her prefent Majefty's tio! "" -^^'g"' ° ^y 3"y ^^ them, freed and difcharged of and from the faid former Provifo or Condition of Re- g&'ioW. 3. demption contained in the faid laft recited Aft, and all other Provifoes, Powers, Afts, Matters or Things,^ c. 44. heretofore had, made, done or committed, for redeeming, determining, or making void the faid Duties, 6 Anns, c. 17. yearly Fund, Benefit of Trade, Franchifes, Privileges, Profits ajid Advantages, or any of them, fubje6t iieverthelefs to the Reftriftions, Covenants and Agreements, in the faid recited Afts, and Letters Patents, or any of them contained, now in force, and alfo fubjeft to the general Provifoes or Condition of Redemp- Provifo that on tion herein" after contained ; that is to fay, Provided always, and it is hereb.v declared and enafted by the 3 Years No- Authority aforefaid. That at any Time, upon three Years Notice after the five and twentieth Day of tice after 35 March, which fliall be in the Year of our Lord one thoufand feven hundred and thirty-three, and upon Re- March 1733. payment hy Parliament as well of the faid Sum of two Millions, as of the faid Sum of twelve hundred andon^R^e^- thoufand Pounds, making in the whole three Millions two hundred- thoufand Pounds, unto fuch Companies, atooo oco 1. Corporations, and Perfons, as fiiall be then entitled thereto, and of all Arrears which, to the End of the and i,2oo,oool. faid three Years, fliall be due for or upon the faid yearly Fund of one hundred and fixty thoufand Pounds and all Arrears per Annum, then and from thenceforth the faid Duties upon Salt, and the faid Duties upon ftampt Vellum, dueonthefaia Parchment and Paper, and the faid Yearly Fund of one hundred and fixtv thoufand Pounds, fliall abfo- Anrthefafd"" Ixitdy ceafe and determine. '■■ ^ Duties on Salt, S:c. fliall dttermine. Farther Provifiom relating to Eaji India Comfary, ,5 Cfo. I c, 21. 7 Ceo. I, c, 5, Sf 21. g Geo'. I. c, a6, 3 Cen, 2, c. 14, S? 20. 12 £?«. 2j c 22. 17 Ceo. 2. c, 17. 27 Geo, 2. c. 5, i Geo, i- c. i/(.. CAP.