A. D. 1733. Anno fexto Georgii II. C. 2S. 131 during the Space of five Years, and have been bound by Contracts in Writing, but have not ferved for and during the Space of five Years fince the Dates of fuch Contracts, or who, being Sons of fuch Attor- nics or Solicitors, have ferved as Clerks to their refpe:tive Fathers for and during the Space of five Years but have not been bound by Contracts in Writing; Be it enacted by the King's moft Excel- lent A'lajefty, by and with the Advice and Confent of the Lords Spiritual and Temporal, and the Com- mons, in this pielent Parliament affembled, and by the Authority of the fame, That every fuch Perfon Relief for Per- being fii it examined and approved, as by the faid Act is directed, (hall and may, on or before the laft Day ftna notinroiled of Michaelmas Term which mail be in the Year of our Lord one thoufand feven hundred and thirty- ^Jfu^t'w the three be qualified to be fworn, admitted and inrolled an Attorney in the feveral and refpective Courts in faid Aft. the faid Acl mentioned; any Thing in the faid Act to the contrary notwithstanding. Perfnns admit- II. And be it further enacted by the Authority aforefaid, That any Perfon who hath been by virtue ted Attomies in of the (aid Act admitted an Attorney in any of his Majefty's Courts of Record at IVeJlmiuJler, fhall and $!^JP[JJJ|a'* may be capable of being admitted to practife as an Attorney in any inferior Court of Record, provided m ' a c y be' admit-' fuch Perfon be in all other Reipects capable and qualified to be admitted an Attorney according to the ted in inferior Ufage and Cuftom of fuch inferior Court; any Thing in the faid Act contained to the contrary in any ^"/j^i' ot u h a e £ wife notwithstanding. .fie'd! uyqua " Concerning Attomies, fee farther 12 Geo, 2. c. 13. 22 Geo. 2. c. 46. 23 Gee-, 2. f. 26. 33 Geo, 2. c. 16. CAP. XXVIII. An Act for the converting a further Part of the Capital Stock of the South-Sea Company into Annuities redeemable by Parliament, and for fettling the remaining Part of the faid Stock in the faid Company.
- ■% T 7 H E R E A S in and by an Acl of Parliament of the ninth Year of his late Majefly King George *g ital ° f the
- W the Firft, intituled. An Ait for reviving and adding two millions to the Capital Stock of the South- * 6# 9 €0 ' u
- Sea Company, and for reviving a proportional Part of the yearly Fund payable at the Exchequer, and for
- dividing their whole Capital (after fuch Divifion made) into two equal Parts or Moieties, ana for convert-
- ing one of the faid Moieties into certain Annuities for the Benefit of the Members, and for fettling there-
- main tig Moiety in the faid Company, and for continuing for one Tear longer the Provifou formerly made
- dgaihft requiring fpecial Bail in Aitions or Suits upon fuch Contrails as are therein mentioned, it was
' amongft other Things enacted, That from and after the twenty-fourth Day of June one thoufand feven
- hundred and twenty-three the whole Capital Stock of the Governor and Company of Merchants of
•* Great Britain trading to the South-Seas and other Parts of America, and for encouraging the Fifhery,
- commonly called The South-Sea Company, fliould be divided and feparated into two equal Parts or
- Moieties, and that one Moiety thereof (hould be converted into a Joint Stock, attended with certain
' Annuities payable out of the Funds of the faid Company, as in the faid Act is provided, and (hould
- from thenceforth be called The Joint Stock of South-Sea Annuities; and that the other Moiety (hould
1 remain in the faid Company as their Capital Stock, attended with the Refidue of the faid Annuities or 4 Funds, payable at the Exchequer, and alfo with the feveral Sums fettled and allowed for Charges or ' Management, and with all other Benefits, Profits of Trade, Privileges and Advantages then belonging
- to the faid Company, as in and by the faid Act, Relation being had thereto, may appear : And where-
' as in purfuance of feveral fubfequent Acts of Parliament the faid Capital Stock of the faid Company ' hath by Redemption been reduced to fourteen millions fix hundred fifty-one thoufand one hundred ' and three Pounds eight Shillings and one Penny, or thereabouts ; and the faid Joint Stock of South-
- Sea Annuities hath by Redemption been reduced to fifteen millions fix hundred fifty-one thoufand ninety-
' nine Pounds feventeen Shillings and five Pence, or thereabouts: And whereas it is judged advifeable ' and neceffary, and alfo conducive to the better eftablilhing of publick Credit, to make a further and
- larger Reduction of the faid Capital Stock of the faid Company, by dividing the fame into Annuities
' and a Trading Stock : ' May it pleafe your Majeity that it may be enacted, and be it enacted by the King's moft Excellent Majeity, by and with the Advice and Confent of the Lords Spiritual and Tem- poral, and Commons, in this preferit Parliament affembled, and by the Authority of the fame, That from After 24 June and after the twenty-fourth Day of June one thoufand feven hundred and thirty-three the whole Capital *73|> th | ™£°£| Stock of the laid South-Sea Company, which doth by Computation amount to fourteen millions (ix hun- tliT South-Sea' dred and fifty-one thoufand and one hundred and three Pounds eight Shillings and one Penny as aforefaid; Company to be and the Shares of the refpective Members and Proprietors of and in the fame, (hail be divided and fepa- dlvl ^, e p^ foui: rated into four equal Parts, and the fame from thenceforth (hall be deemed and adjudged to be divided and equa feparated accordingly. II. And be it further enacted by the Authority aforefaid, That three of the faid four equal Parts, Three Parts of or three fourth Parts of the faid Capital Stock fo divided and feparated, which three fourth Parts or whlch ! h j 11 ^f„ 1 n r -n 1 r-i - -tt ' . 1 j ■ t • 1 i r .1 converted, into three Parts in four will by Computation amount to ten millions nine hundred eightv-eight tnoufand three Annuities, hundred twenty-feven Pounds eleven Shillings and three Farthings fhall, from and after the faid twenty- fourth Day of June one thoufand feven hundred and thirty-three, be converted into a Joint Stock, at- tended with certain Annuities payable out of the Funds of the faid South-Sea Company, in. Lieu and full Recompence of all the Dividends, Profits and Advantages which fuch three fourth Parts or three Parts in four of the faid Capital Stock are now intitled to (that is to fay) with Annuities after the Rate of four at 4I. percent. Pounds per Centum per Annum, until Redemption thereof by Parliament, according to the Purport and true Meaning of this Act, and that the fame three fourth Parts or three Parts in four fo converted into fuch Joint Stock (hall from thenceforth be called The new Joint Stock of South-Sea Annuities; and that S .2 the
