Section VII Defaulters to enjoy in proportion to Money actually paid.

And be it further enacted by the authority aforesaid That all and every person and persons makeing default in any of the said payments shall im[m]ediately from and after such default have or enjoy no further or other benefitt or advantage by such Subscription then according and in proportion to such sum or sums of money onely which such person or persons shall have actually and really paid into the said Joynt Stock as aforesaid.