536 C.lj. Anno decimo feptimo Georgii II. A. D. 1744..
- Year, from which Time their faid Annuity or yearly Fund {hould ceafe, determine and be no longer
' paid or payable to them, as therein is more particularly mentioned : And it was alfo thereby enacted,
- That notwithftanding fuch Redemption, the faid United Company and their Succeflors fhould continue
' and be a Body Politick and Corporate, by the Name of The United Company of Merchants of Eng,
- land trading to the Eaft Indies, and by that Name fhould have perpetual Succeffion, and have, hold and
- enjoy all Benefits, Privileges, Franchifes and Rights, which by any former Act or Acts, or any Char-
- ter or Charters founded thereupon, the faid United Company might hold and enjoy, not altered or
•* varied by the faid Act, as therein is more particularly mentioned ; and the faid United Company were
- thereby alfo impowered, after Redemption of their faid yearly Fund, or a Moiety thereof or more by
c Parliament, to declare by By-Laws or Orders in their General Courts, what Part or Share in their re- ' maining Capital Stock or yearly Fund or Stock in Trade fhall qualify any Members of the faid United ' Company of Merchants of England trading to the Eaft Indies, to be Directors for the Affairs of the faid f Company, or to give any Vote or Votes in any General Courts; and for the electing the Directors,
- and for their Continuance or Removal, Incapacity or Avoidance: And it was alfo further enacted,
' That notwithstanding fuch Redemption of the faid yearly Fund of one hundred and twenty-eight thou- - fand Pounds, the faid United Company fhould (fubject to the Provifo of Determination therein and
- herein after mentioned) have, ufe and enjoy the whole and fole Trade and Traffick, and the only Li-
' berty, Ufe and Privilege of trading, trafficking and exercifing the Trade or Bufinefs of Merchandize ' into and from the Eajt Indies, and -into and from all the Iflands, Ports, Havens, Coafts, Cities, Towns
- and Places, between the Cape of Good Hope and the Streights of Magellan, and Limits in an Act of the
9OT. 3. c. 44. ' ninth Year of the Reign of his late Majefty King William the Third, or in a Charter of the fifth Day ' of September in the tenth Year of his faid Majefty's Reign mentioned, in as ample and beneficial Man- ' ner, as the faid Company could thereby trade thereto, with fuch Prohibitions to all other his Majefty's ' Subjects to trade thereto, and under fuch Penalties and Forfeitures as in the faid Act of the third Year of
- his prefent Majefty's Reign is more particularly mentioned : And it was thereby further enacted, That
- the faid United Company fhould at all Times thereafter for ever (fubject as aforefaid) have, hold and
' enjoy, and be intitled unto all and every the Profits, Benefits, Advantages, Privileges, Franchifes, - Abilities,. Capacities, Powers, Authorities, Rights, Remedies, Methods of Suit, and all Penalties and ' Forfeitures and Difabilities, Provifions, Matters and Things whatfoever, which by any former Act or
- Acts of Parliament, or by any Charter or Charters founded thereupon, or by any Claufe or Claufes in
' the faid Acts or Charters contained, were enacted, given, granted, provided, inflicted, limited, efta- ' blifhed or declared to, for, touching or concerning the faid Company or Body Politick and Corporate, ' either by the Name of The General Society, intitled to the Advantages given by an Ail of Parliament for ad- 4 vancing a Sum not exceeding two millions of Pounds for the Service of the Crown of England; or the faid ' Body Politick and Corporate, called by the Name of The Englifh Company trading to the Eaft Indies; or ' the faid Body Politick and Corporate, called by the Name of The United Company of Merchants s/"Eng- i land trading to the Eaft Indies ; (not altered or intended to be altered by the faid Act) according to the - Tenor and true Meaning of the faid Acts and Charters, freed and difcharged from all Provifoes and
- Conditions of Redemption and Determination therein contained; and the fame were thereby ratified
- and confirmed, and fhould continue to be held, enjoyed ahd be practifed and put in Execution by the
- faid United Company, and their Succeflors, for the better and more effectual fettling and fecuring to
- them and their Succeflors, the whole, fole and exclufive Trade to the Eaft Indies, and Parts aforefaid;
- ■' and for the preventing all his Majefty's Subjects trading thither, and for fecuring alfo their Pofleffions,
4 Eftates and Effects, and governing their Affairs and Bufinefs in all Refpects, as fully and effectually as ' if the fame were repeated and re-enacted in the faid Act, fubject to fuch Reftrictions, Covenants and
- Agreements, as are contained in the faid Acts and Letters Patent then in Force, and not thereby varied
- or altered, and fubject alfo to the Provifo following; that is to fay, That at any Time upon three Years
- Notice to be given by Parliament, after the twenty-fifth Day of March, which fhall be in the Year of
f our Lord one thoufand feven hundred and fixty-ilx, upon the Expiration of the faid three Years, and ' Repayment to the faid United Company of Merchants of England trading to the Eaft Indies, or their
- Succeflors, of the faid Capital Stock, Debt, or Sum of three millions and two hundred thoufand Pounds,
- and all Arrears of Annuity, payable in Refpect thereof, in cafe the fame fhall not have been before re-
■' paid; then and from thenceforth, the faid Right, Title and lntereft of the faid United Company of ' Merchants of England trading to the Eaft Indies, to the whole fole and exclufive Trade to the Eaft Indies 4 and Parts aforefaid, fhall ceafe and determine; and it was thereby alfo provided, That nothing in the ' above Provifo or in any Provifo in the Act of the ninth Year of the Reign of his faid Majefty King
- William the Third, or in the faid Charter of the fifth Day of September in the tenth Year of his faid
' Majefty, or in any other Act or Charter contained, fhould extend or be conftrued to extend to deter- ' mine the Corporation of the faid United Company, or to hinder the faid United Company from carry- ' ing on at all Times, after fuch Determination of the Right to the fole, whole and exclufive Trade as ' aforefaid., a free Trade in, to and from the Eajl Indies, and Parts aforefaid, with all or any Part of their ' own Joint Stock in Trade, Goods, Merchandize, Eftate and Effects, in common with other his Ma-
- jefty's Subjects, as by the fame Act, Relation being thereunto had may more fully appear : And where-
3>G$g, 4. czo. i as in and by one other Act of Parliament made and patted in the faid third Year of his prefent Majefty's -' Reign, intituled, An Ad for taking ojf certain Duties on Salt, and for making good any Deficiencies in tlie . ■' Funds that may happen thereby; and for charging the reduced Annuity payable to the Eaft India Company on the . ' AggregaU^Pund ; and for Relief of Matthew Lyon, Executor of Matthew Page, deceafed, in refpecl of ' the Duty for Salt loft by the overflowing, of the River Mercy, in the Tear one thoufand feven hundred arid ' twenty-four,
