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lord_n esquire_n sir_n william_n 33,990 5 9.6455 5 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A92501 An act of Parliament for encourageing the Scots Affrican and Indian Company. Edinburgh, June 26. 1695.; Laws, etc. Scotland.; Scotland. Parliament. 1695 (1695) Wing S1127; ESTC R223389 6,371 19

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a_o act_n of_o parliament_n for_o encourage_a the_o scots_a african_n and_o indian_a company_n edinburgh_n june_n 26._o 1695._o our_o sovereign_a lord_n take_v into_o his_o consideration_n that_o by_o a_o act_n pass_v in_o this_o present_a parliament_n entitle_v a_o act_n for_o encouragement_n of_o foreign_a trade_n his_o majesty_n for_o the_o improvement_n thereof_o do_v with_o advice_n and_o consent_n of_o the_o estate_n of_o parliament_n statute_n and_o declare_v that_o merchant_n more_o or_o few_o may_v contract_v and_o enter_v into_o such_o society_n and_o company_n for_o carry_v on_o of_o trade_n as_o to_o any_o subject_a of_o good_n or_o merchandise_n to_o whatsoever_o kingdom_n country_n or_o part_n of_o the_o world_n not_o be_v in_o war_n with_o his_o majesty_n where_o trade_n be_v in_o use_n to_o be_v or_o may_v be_v follow_v and_o particular_o beside_o the_o kingdom_n and_o country_n of_o europe_n to_o the_o east_n and_o west-indies_n the_o strait_n and_o to_o trade_n in_o the_o mediterranean_a or_o upon_o the_o coast_n of_o africa_n or_o in_o the_o northern_a part_n or_o elsewhere_o as_o above_o which_o society_n and_o company_n be_v contract_v and_o enter_v into_o upon_o the_o term_n and_o in_o the_o usual_a manner_n as_o such_o company_n be_v set_v up_o and_o in_o use_n in_o other_o part_n consistant_fw-la always_o with_o the_o law_n of_o this_o kingdom_n his_o majesty_n with_o consent_n aforesaid_a do_v allow_v and_o approve_v give_v and_o grant_v to_o they_o and_o each_o of_o they_o all_o power_n right_n and_o privilege_n as_o to_o their_o person_n rule_n and_o order_n that_o by_o the_o law_n be_v give_v to_o company_n allow_v to_o be_v erect_v for_o manufactory_n and_o his_o majesty_n for_o their_o great_a encouragement_n do_v promise_n to_o give_v to_o these_o company_n and_o each_o of_o they_o his_o letter_n patent_n under_o the_o great_a seal_n confirm_v to_o they_o the_o whole_a foresay_a power_n and_o privilege_n with_o what_o other_o encouragement_n his_o majesty_n shall_v judge_v needful_a as_o the_o foresay_a act_n of_o parliament_n at_o more_o length_n bear_v and_o his_o majesty_n understand_v that_o several_a person_n as_o well_o foreigner_n as_o native_n of_o this_o kingdom_n be_v willing_a to_o engage_v themselves_o with_o great_a sum_n of_o money_n in_o a_o american_n african_a and_o indian_a trade_n to_o be_v exercise_v in_o and_o from_o this_o kingdom_n if_o enable_v and_o encourage_v thereunto_o by_o the_o concession_n power_n and_o privilege_n needful_a and_o usual_a in_o such_o case_n therefore_o and_o in_o pursuance_n of_o the_o foresay_a act_n of_o parliament_n his_o majesty_n with_o advice_n and_o consent_n of_o the_o say_n estate_n of_o parliament_n do_v hereby_o make_v and_o constitute_v john_n lord_n belhaven_n adam_n cockburn_n of_o ormistoun_n lord_n justice_n clerk_n mr._n francis_n montgomery_n of_o giffen_n sir_n john_n maxwell_n of_o pollock_n sir_n robert_n chiesly_a present_n prove_v of_o edinburgh_n john_n swintoun_n of_o that_o ilk_fw-mi george_n clark_n late_a baillie_n of_o edinburgh_n mr._n robert_n blakewood_n and_o james_n balfour_n merchant_n in_o edinburgh_n and_o john_n cross_a merchant_n in_o glasgow_n william_n paterson_n esquire_n james_n fowlis_n david_n nairn_n esquire_n thomas_n dean_n esquire_n james_n chiesly_a john_n smith_n thomas_n coute_n hugh_n frazer_n joseph_n cohaine_n daves_n ovedo_n and_o walter_n stuart_n merchant_n in_o london_n with_o such_o other_o as_o shall_v join_v with_o they_o within_o the_o space_n of_o twelve_o month_n after_o the_o first_o day_n of_o august_n next_o and_o all_o other_o who_o the_o foresay_a person_n and_o these_o join_v with_o they_o or_o major_a part_n of_o they_o be_v assemble_v shall_v admit_v and_o join_v into_o their_o joint-stock_n and_o trade_n who_o shall_v all_o be_v repute_n as_o if_o herein_o original_o insert_v to_o be_v one_o body_n incorporate_v and_o a_o free_a incorporation_n with_o perpetual_a sucession_n by_o the_o name_n of_o the_o company_n of_o scotland_n trading_n to_o africa_n and_o the_o indies_n provide_v always_o like_o as_o it_o be_v hereby_o in_o the_o first_o place_n provide_v that_o of_o the_o fond_a or_o capital_a stock_n that_o shall_v be_v agree_v to_o be_v advance_v and_o employ_v by_o the_o foresay_a undertaker_n and_o their_o copartner_n the_o half_a at_o least_o shall_v be_v appoint_v and_o allot_v for_o scottish_a man_n within_o this_o kingdom_n who_o shall_v enter_v and_o subscribe_v to_o the_o say_a company_n before_o the_o first_o day_n of_o august_n one_o thousand_o six_o hundred_o and_o ninety_o six_o year_n and_o if_o it_o shall_v happen_v that_o scots_a man_n live_v within_o this_o kingdom_n shall_v not_o betwixt_o and_o the_o foresay_a term_n subscribe_v for_o and_o make_v up_o the_o equal_a half_n of_o the_o say_v fond_a or_o capital_a stock_n then_o and_o in_o that_o case_n allannerly_a it_o shall_v be_v and_o be_v hereby_o allow_v to_o scots_a man_n reside_v abroad_o or_o to_o foreigner_n to_o come_v in_o subscribe_v and_o be_v assume_v for_o the_o superplus_n of_o the_o say_v half_a and_o no_o otherwise_o likeas_n the_o quota_fw-la of_o every_o man_n part_n of_o the_o say_a stock_n whereupon_o he_o shall_v be_v capable_a to_o enter_v into_o the_o say_a company_n whether_o he_o be_v native_a or_o foreigner_n shall_v be_v for_o the_o least_o one_o hundred_o lib._n sterl_n and_o for_o high_a or_o great_a three_o thousand_o lib._n sterl_n and_o no_o more_o direct_o nor_o indirect_o in_o any_o sort_n with_o power_n to_o the_o say_a company_n to_o have_v a_o common_a seal_n and_o to_o alter_v and_o renew_v the_o same_o at_o their_o pleasure_n with_o advice_n always_o of_o the_o lion_n king_n at_o arm_n as_o also_o to_o plead_v and_o sue_v and_o be_v sue_v and_o to_o purchase_v acquirb_n possess_v and_o enjoy_v lordship_n land_n tenement_n or_o other_o estate_n real_a or_o personal_a of_o whatsoever_o nature_n or_o quality_n and_o to_o dispose_v upon_o and_o alienate_v the_o same_o or_o any_o part_n thereof_o at_o their_o pleasure_n and_o that_o by_o transfer_v and_o assignment_n make_v and_o enter_v in_o their_o book_n and_o record_n without_o any_o other_o formality_n of_o law_n provide_v always_o that_o such_o shears_o as_o be_v first_o subscribe_v for_o by_o scots_a man_n within_o this_o kingdom_n shall_v no●_n be_v alienable_a to_o any_o other_o than_o scots_a man_n live_v within_o this_o kingdom_n that_o the_o foresay_a transfer_v and_o convoyancy_n as_o to_o land_n and_o other_o 〈◊〉_d estate_n when_o make_v of_o these_o only_a and_o a_o part_n be_v perfect_v according_a to_o the_o law_n of_o this_o kingdom_n anent_o the_o convoyance_n of_o land_n and_o real_a right_n with_o power_n likeways_o to_o the_o foresay_a company_n by_o subscription_n 〈◊〉_d otherways_o as_o they_o shall_v think_v fit_a to_o raise_v a_o joint_a stock_n or_o capital_a fond_a or_o such_o a_o sum_n or_o sum_n of_o money_n and_o under_o and_o subject_a unto_o such_o rule_n condition_n and_o qualification_n as_o by_o the_o foresay_a company_n or_o major_a part_n of_o they_o when_o assemble_v shall_v be_v limit_v and_o appoint_v to_o begin_v carry_v on_o and_o support_v their_o intend_a trade_n of_o navigation_n and_o whatever_o may_v contribute_v to_o the_o advancement_n thereof_o and_o it_o be_v hereby_o declare_v that_o the_o say_a joint-stock_n or_o capital_a fond_a or_o any_o part_n thereof_o or_o any_o estate_n real_a or_o personal_a ship_n good_n or_o other_o effect_n of_o and_o belong_v to_o the_o say_a company_n shall_v not_o be_v liable_a unto_o any_o manner_n of_o confiscation_n seizure_n forfeiture_n attachment_n arrest_v or_o restrain_v for_o and_o by_o reason_n of_o any_o embargo_n breach_n of_o peace_n letter_n of_o mark_n or_o reprisal_n declaration_n of_o war_n with_o any_o foreign_a prince_n potentate_n or_o state_n or_o upon_o any_o other_o account_n or_o pretence_n whatsoever_o but_o shall_v only_o be_v transferable_a assignable_a or_o alineable_a in_o such_o way_n and_o manner_n and_o in_o such_o part_n and_o portion_n and_o under_o such_o restriction_n rule_n and_o condition_n as_o the_o say_a company_n shall_v by_o write_v in_o and_o upon_o their_o book_n record_n and_o register_n direct_v and_o appoint_v and_o these_o transfer_v and_o assignment_n only_o and_o no_o other_o shall_v convoy_n the_o right_a and_o property_n in_o and_o to_o the_o say_a joint-stock_n and_o capital_a fond_a and_o effect_n thereof_o abovemention_v or_o any_o part_n of_o the_o samen_n except_v always_o as_o be_v above-excepted_n and_o that_o the_o creditor_n of_o any_o particular_a member_n of_o the_o company_n may_v by_o their_o real_a diligence_n affect_v the_o share_n of_o the_o profit_n fall_v and_o pertain_v to_o the_o debtor_n without_o have_v any_o further_a right_a or_o power_n of_o the_o debtor_n part_n and_o interest_n in_o the_o stock_n or_o capital_a fond_a otherwise_o than_o be_v above_o appoint_v and_o
with_o this_o express_a provision_n that_o whatever_o charge_v the_o company_n may_v be_v put_v to_o by_o the_o contend_v of_o any_o of_o their_o member_n decease_a or_o of_o their_o assigney_n creditor_n or_o any_o other_o person_n in_o their_o right_n the_o company_n shall_v have_v retention_n of_o their_o charge_n and_o expense_n in_o the_o first_o place_n and_o the_o book_n record_n and_o register_n of_o the_o say_a company_n or_o authentic_a abstract_n or_o extract_v out_o of_o the_o same_o be_v hereby_o declare_v to_o be_v good_a and_o sufficient_a for_o evident_n in_o all_o court_n of_o judicator_n and_o else_o where_o and_o his_o majesty_n with_o advice_n foresay_a far_a statute_n and_o declare_v that_o the_o say_v john_n lord_n beilhaven_n adam_n cockburn_n of_o ormistoun_n lord_n justice_n clerk_n mr._n francis_n montgomery_n of_o giffen_n sir_n john_n maxwell_n of_o poll●ck_n sir_n robert_n chiesl_o present_a prove_v of_o edinburgh_n john_n swintoun_n of_o that_o ilk_fw-mi george_n clark_n late_a baillie_n of_o edinburgh_n mr._n robert_n blakewood_n and_o james_n balfour_n merchant_n in_o edinburgh_n and_o john_n cross_a merchant_n in_o glasgow_n william_n paterson_n esquire_n james_n fowlis_n david_n nairn_n esquire_n thomas_n dean_n esquire_n james_n chiesly_a john_n smith_n thomas_n coute_n hugh_n frazer_n joseph_n cohaine_n daves_n ovedo_n and_o walter_n stuart_n merchant_n in_o london_n and_o other_o to_o be_v join_v with_o or_o assume_v by_o they_o in_o manner_n abovementioned_a and_o their_o successor_n or_o major_a part_n of_o they_o assemble_v in_o the_o say_a company_n shall_v and_o may_v in_o all_o time_n come_v by_o the_o plurality_n of_o vote_n agree_v make_v constitute_v and_o ordain_v all_o such_o other_o rule_n ordinance_n and_o constitution_n as_o may_v be_v needful_a for_o the_o better_a government_n and_o improvement_n of_o their_o joint_a stock_n or_o capital_a fond_a in_o all_o matter_n and_o thing_n relate_v thereunto_o to_o which_o rule_n ordinance_n and_o constitution_n all_o person_n belong_v to_o the_o say_a company_n as_o well_o director_n as_o member_n thereof_o governor_n or_o other_o officer_n civil_a or_o military_a or_o other_o whatsoever_o shall_v be_v subject_a and_o hereby_o conclude_v as_o also_o to_o administrat_fw-la and_o take_v oath_n de_fw-fr fideli_fw-la and_o other_o requisite_a to_o the_o management_n of_o the_o foresay_a stock_n and_o company_n and_o the_o say_a company_n be_v hereby_o impower_v to_o equipp_n fit_a set_v out_o fraught_v and_o navigate_v their_o own_o or_o hire_v ship_n in_o such_o manner_n as_o they_o shall_v think_v fit_a and_o that_o for_o the_o space_n of_o ten_o year_n from_o the_o date_n hereof_o notwithstanding_o of_o the_o act_n of_o parliament_n one_o thousand_o six_o hundred_o and_o sixty_o one_o year_n entitle_v a_o act_n for_o encourage_v of_o ship_n and_o navigation_n wherewith_o his_o majesty_n with_o consent_n foresay_a dispense_v for_o the_o say_a time_n allanerly_a in_o favour_n of_o the_o say_a company_n and_o that_o from_o any_o of_o the_o port_n or_o place_n of_o this_o kingdom_n or_o from_o any_o other_o part_n or_o place_n in_o amity_n or_o not_o in_o hostility_n with_o his_o majesty_n in_o warlike_a or_o other_o manner_n to_o any_o land_n island_n country_n or_o place_n in_o asia_n africa_n or_o america_n and_o there_o to_o plant_v colony_n build_v city_n town_n or_o fort_n in_o or_o upon_o the_o place_n not_o inhabit_a or_o in_o or_o upon_o any_o other_o place_n by_o consent_n of_o the_o native_n and_o inhabitant_n thereof_o and_o not_o possess_v by_o any_o european_a sovereign_a potentate_n prince_n or_o state_n and_o to_o provide_v and_o furnish_v the_o foresay_a place_n city_n town_n or_o fort_n with_o magazine_n ordinance_n arm_n weapon_n ammunition_n and_o store_n of_o war_n and_o by_o force_n of_o arm_n to_o defend_v their_o trade_n and_o navigation_n colony_n city_n town_n fort_n and_o plantation_n and_o other_o their_o effect_n whatsoever_o as_o also_o to_o make_v reprisal_n and_o to_o seek_v and_o take_v reparation_n of_o damnage_n do_v by_o sea_n or_o by_o land_n and_o to_o make_v and_o conclude_v treaty_n of_o peace_n and_o commerce_n with_o the_o sovereign_n prince_n estate_n ruler_n governor_n or_o proprietor_n of_o the_o foresay_a land_n island_n country_n or_o place_n in_o asia_n africa_n or_o america_n provide_v always_o likeas_n it_o be_v hereby_o special_o provide_v that_o all_o ship_n employ_v by_o they_o shall_v return_v to_o this_o kingdom_n with_o their_o effect_n under_o the_o pain_n of_o confiscation_n forefaulture_n and_o seizure_n of_o the_o ship_n and_o good_n in_o case_n of_o break_v of_o bulk_n before_o their_o return_n except_v the_o case_n of_o necessity_n for_o preserve_v the_o ship_n company_n and_o load_v allanerly_a and_o his_o majesty_n with_o consent_n foresay_a do_v far_a statute_n and_o ordain_v that_o none_o of_o the_o liege_n of_o this_o kingdom_n shall_v or_o may_v trade_n or_o navigate_fw-la to_o any_o land_n island_n country_n or_o place_n in_o asia_n or_o africa_n in_o any_o time_n hereafter_o or_o in_o america_n for_o and_o during_o the_o space_n of_o thirty_o one_o year_n to_o be_v count_v from_o the_o pass_n of_o this_o present_a act_n without_o licence_n and_o permission_n in_o write_v from_o the_o say_a company_n certify_v all_o such_o as_o shall_v do_v in_o the_o contrair_a hereof_o that_o they_o shall_v forefault_v and_o omit_v the_o three_o part_n of_o the_o ship_n or_o ship_n and_o of_o the_o cargo_n or_o cargo_n therein_o employ_v or_o the_o value_n thereof_o the_o one_o half_a to_o his_o majesty_n as_o escheat_n and_o the_o other_o half_a to_o the_o use_n and_o benefit_n of_o the_o say_a company_n for_o the_o effectual_a execution_n whereof_o it_o shall_v be_v lawful_a to_o the_o say_a company_n or_o any_o employ_v by_o they_o to_o seize_v the_o say_v ship_n and_o good_n in_o any_o place_n of_o asia_n or_o africa_n or_o at_o sea_n upon_o the_o coast_n of_o asia_n or_o africa_n upon_o the_o transgression_n foresay_a by_o force_n of_o arm_n and_o at_o their_o own_o hand_n and_o that_o without_o the_o hazard_n of_o incur_v any_o crime_n or_o delinquency_n whatsoever_o on_o account_n of_o the_o say_a seizure_n or_o any_o thing_n necessary_o do_v in_o prosecution_n thereof_o except_v always_o and_o without_o prejudice_n to_o any_o of_o the_o subject_n of_o this_o kingdom_n to_o trade_n and_o navigate_fw-la during_o the_o say_a space_n to_o any_o part_n of_o america_n where_o the_o colony_n plantation_n or_o possession_n of_o the_o say_a company_n shall_v not_o be_v settle_v and_o it_o be_v further_a hereby_o enact_v that_o the_o say_a company_n shall_v have_v the_o free_a and_o absolute_a right_n and_o property_n only_o relieve_v and_o hold_v of_o his_o majesty_n and_o his_o successor_n in_o sovereignty_n for_o the_o only_a acknowledgement_n of_o their_o allegiance_n and_o pay_v yearly_o a_o hogshead_n of_o tobacco_n in_o name_n of_o blench-duty_n if_o require_v allanerly_a in_o and_o to_o all_o such_o land_n island_n colony_n city_n town_n fort_n and_o plantation_n that_o they_o shall_v come_v to_o establish_v or_o possess_v in_o manner_n foresay_a as_o also_o to_o all_o manner_n of_o treasure_n wealth_n riches_n profit_n mine_n mineral_n fishing_n with_o the_o whole_a product_n and_o benefit_n thereof_o as_o well_o under_o as_o above_o the_o ground_n and_o as_o well_o in_o river_n and_o sea_n as_o in_o the_o land_n thereto_o belong_v or_o from_o or_o by_o reason_n of_o the_o same_o in_o any_o sort_n together_o with_o the_o right_n of_o government_n and_o admiralty_n thereof_o and_o that_o the_o say_a company_n may_v by_o virtue_n hereof_o grant_v and_o delegat_v such_o right_n property_n power_n and_o imunity_n and_o permit_v and_o allow_v such_o sort_n of_o trade_n commerce_n and_o navigation_n into_o their_o plantation_n colony_n city_n town_n or_o place_n of_o their_o possession_n as_o the_o say_a company_n from_o time_n to_o time_n shall_v judge_v fit_a and_o convenient_a with_o power_n to_o they_o to_o impose_v and_o exact_v such_o custom_n and_o other_o duty_n upon_o and_o from_o themselves_o and_o other_o trading_n with_o and_o come_v to_o the_o say_a plantation_n city_n town_n place_n and_o port_n and_o harbour_v thereof_o as_o the_o company_n shall_v think_v needful_a for_o the_o maintenance_n and_o other_o public_a use_n of_o the_o same_o hold_v always_o and_o to_o hold_v the_o whole_a premise_n of_o his_o majesty_n and_o his_o successor_n king_n of_o scotland_n as_o sovereign_n thereof_o and_o pay_v only_o for_o the_o same_o their_o acknowledgement_n and_o allegiance_n with_o a_o hogshead_n of_o tobacco_n yearly_a in_o name_n of_o blench_v duty_n if_o require_v for_o all_o other_o duty_n service_n claim_n or_o demand_v whatsoever_o with_o power_n and_o liberty_n to_o the_o say_a company_n to_o treat_v for_o and_o to_o procure_v and_o purchase_v such_o right_n liberty_n