And Government of the Company. said Trade, and for the applying and proportioning the Profit, Advantage, and Produce arising by the Joint Stock and Trade, as for the good Government of the said-Trade to the East Indies, and other the Parts aforesaid, and of the Factors, Agents, Officers, and others concerned in the same; and to inflict reasonable Penalties and Punishments by Imprisonments, Mulcts, Fines, or Amerciaments for any Breach or Breaches thereof; and to levy such Fines, Mulcts, or Amerciaments to the Use of the said Company and their Successors, so that such Bye-Laws be not repugnant to the Laws of this Our Kingdom, and be confirmed and approved according to the Statutes in such Cases made and provided; all which Mulcts, Fines, and Amerciaments shall and may be recovered and received, to the only Use and Behoof of the said Company and their successors, without any Account, or other Matter or Thing, to be therefore rendered to Us, Our Heirs or Successors.
The first General Court to beheld in Forty Days.And We do hereby for Us, Our Heirs and Successors, ordain and appoint,That the first General Court for the said Company hereby established shall be held within the Space of Forty Days next after the Date of these Presents.
Books of Account of the principal and additional Stock to be kept by an Accomptant, and to be by him attested on Oath if required.Provided always, and for the ascertaining and limiting how and in what Manner and under what Rules, as well the principal Stock or yearly Fund as also any additional Stock which the said Company shall acquire, or which any Member or Members thereof shall or may advance or pay into the said Company, for the managing of Carrying on the said Trade, or the Shares or Interests of the several Members of and in the principal and additional Stock, shall and may be assignable and assigned, transferrable and transferred, by such Person and Persons, Corporation or Corporations, as shall from Time to Time have any Interest or Share in the same; We do hereby direct and appoint, That the same company and their Successors shall cause an Accomptant to keep a Book or Books in the publick Office or Place of Meeting of the same Company, to be provided for that Purpose, and therein fairly to enter or cause to be entered from Time to Time the Amount, as well of the principal Joint Stock of the same Company, as of such additional Stock (if any be) as aforesaid;.the same to be by him attested upon Oath, if required; which said Book or Books shall from Time to Time lie open to be viewed.
Method of making Transfers.And We do hereby for Us, Our Heirs and Successors, pursuant and according to the Power given unto Us by the said Act of Parliament, order, limit, direct, and appoint, That the Method and Manner of making all Assignments and Transfers, as well of the said principal Stock and Fund as of the additional Stock of the same Company, or any Part thereof, shall be by an Entry in the said Book or Books, signed by the Party so-assigning or transferring, in the Words or to the Effect following, viz.
By the Person present.
"MEMORANDUM, That I A. B. this Day of in the Year of our Lord do assign and transfer of my Interest or Share (or being my Share or Interest) in the principal Stock, and in the additional Stock and Fund of The English Company trading to the East Indies, and all Benefit arising thereby unto his Executors, Administrators, and Assigns,"
"Witness my Hand
By Letter of Attorney,Or in Case the Perodn assigning be not personally present, then by an Entry in the said Book or Books signed by some Person thereunto lawfully authorized, by Letter of Attorney or Writing, duly sealed and attested by Two or more Witnesses in the Words or to the Effect following, viz.
"MEMORANDUM, That.I A. B. this Day of in the Year of our Lord by Virtue of a Letter of Attorney. from dated the Day of in the said Year do in the Name and on the Behalf of assign and transfer of the Interest or Share (or being the Share or Interest) of the said in the principal Stock and Fund, and in the additional Stock of The English Company trading to the East Indies, and all Benefit arising thereby unto his Executors, Administrators, and Assigns."
And by no other Way.And that the Entry signed as aforesaid and no other Way or Method shall be the Manner and Method used in the passing, assigning, or transferring the Interest or Share in the said Stock and Fund, and such Transfer or Assignment shall be good and-available, and convey the whole Estate and Interest of the Party transferring or ordering the same to be transferred.
Stock may be devised by Will, but the Devisee not to receive or transfer till a Memorandum be entered, &c.Provided always, That any Person having any Share or Interest in the said Stock and Fund may dispose or devise the same by his last Will and Testament, attested by Three or more credible Witnesses; but however, that such Devise shall not transfer the same, or be entitled to receiveany