Section XXIII
Any Persons may subscribe Money for inlarging the Capital Stock.; Subscriptions how to be answered and made good.
And for the better encouraging the said Subscriptions to be made Be it further enacted by the Authority aforesaid That from and after theX1s?d Second Day of April it shall and may be lawfull to and for all and every Person or Persons Natives or Forreigners Bodies Politick and Corporate by and for themselves or any of them or by themselves or any of them in Trust for any other Person or Persons Bodies Politick or Corporate or any of them freely to subscribe any Su[m]m or Su[m]ms of money into the Capital and Principal Stock of the said present Governor and Company in order to the augmenting and enlargeing thereof as aforesaid which said Subscriptions att the respective times of making the same shall be answered and made good by the respective Subscribers thereof to the said Capital and Principal Stock of the said present Governor & Company in the Manner and Proportion following (that is to say) Foure fifth Parts of each respective & particular Subscription (the Value of the said whole Subscriptions into Five equal Parts being divided) shall be answered and made good to the said Capital and Principal Stock of the said present Governor and Company by assigning to them the Principal and Interest whereunto such Subscribers respectively shall be then really intituled by Talleys of Loan and Orders of Repayment or by Talleys of Pro or Assignement for Moneys which were lent or advanced or are or shall be charged as aforesaid upon some of the Aids Supplies Revenues Impositions or other Funds herein after mentioned & by delivering upp att the same time to the said Governor and Company the Talleys and Orders so assigned that is to say Upon the said First Aid of Four shillings in the Pound the said Third Aid of Foure shillings in the Pound the said Fourth Aid of Foure shillings in the Pound the said quarterly Poll the said Three fourth Parts of the Customes the said Act for continuing the Duties upon Salt and other Things or upon the said Two third Parts of the additional Excise or upon the said additional Impositions upon several Goods & Merchandizes or upon the said Duties payable for Vellum Parchment and Paper or upon the said yearely Su[m]m of Three hundred thousand Pounds payable out of the Subsidy of Tunnage & Poundage or upon the said Duties charged upon Marriages Births Burials Batchelors and Widdowers or upon the said continued Impositions payable for Wines Vinegar Tobacco East India Goods or other Merchandize imported or upon the said Act for continuing certaine Acts therein mentioned and chargeing Joynt Stocks or upon the said Duties payable for Low Wines Spirits and Sweets or which are or shall be charged upon the said weekly Su[m]m of Six thousand pounds issuing out of the Hereditary & Temporary Excise or upon the said Weekly Su[m]m of Six hundred pounds issueing out of the Revenue of the Post-Office and the other Fifth Part of each of the said Subscriptions shall be answered and made good to the said Capital Stock of the said Governor and Company in Bank Bills or Bank Notes which have so much Money bona fide resting due thereupon as the said One fifth Part of the said respective Subscriptions shall fully amount to.
Annotations
Editorial notes
- X1
interlined on the Roll.