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A82360 At a general court of the adventurers for the general joynt-stock to the East-Indies holden at the East-India-House. November the 16th. day, 1693. East India Company. 1693 (1693) Wing E100kA; ESTC R224980 2,455 2

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At a General Court of the Adventurers for the General Ioynt-Stock to the East-Indies Holden at the East-India-House November the 16th Day 1693. Whereas Their Sacred Majesties King WILLIAM and Queen MARY by Their Royal Charter under the Great Seal of England bearing Date the Seventh Day of October now last past have been Graciously pleased to Confirm and Establish the Present East-India Company under the 〈…〉 〈…〉 Lords of Their Majesties Most Honourable Privy Council have by another Charter under the Great Seal of England bearing Date the Eleventh Day of this Instant November been likewise Graciously pleased to Ordain Lawful Money of England shall and may be added to the General Joynt-Stock of the said Company by the New Subscriptions of such Persons who shall be minded to Adventure any Share in the said General Joynt-Stock And that a Book or Books for the said New Subscriptions shall be provided by the said Governour and Company within Six Dayes after the Date of the said last recited Charter which are to lye open every Day in the Week Sundays excepted At the East-India-House in Leadenhall-Street London from the Hour of Eight to the Hour of Twelve in the Morning and from the Hour of Two to the Hour of Six in the Afternoon until the Tenth Day of January next Inclusive In which said Book or Books It shall and may be Lawful to and for any Person or Persons whatsoever being Natural Born Subjects of this Their Majesties Realm or Persons Naturalized or Indenized to Pay and Subscribe on or before the said Tenth Day of January now next ensuing such Sum or Sums of Money to be added to the said Joynt Stock as they shall think fit to Adventure in the said Trade so as no one Person shall Subscribe more than Ten Thousand Pounds And that in case the said New Subscriptions shall exceed the Sum of Seven Hundred Forty Four Thousand Pounds The Governour Deputy and Court of Committees shall Lessen and Reduce the said New Subscriptions to the said Sum of Seven Hundred Forty Four Thousand Pounds Rata pro Rata and in proportion to the Respective Sums so newly Subscribed And that every Person so Subscribing shall at the time of their Subscriptions make Oath That the Moneys by him or her Subscribed is his or her own Proper Money and Subscribed for their own Use and not in trust for any other Person whatsoever And that every Person at the time of their Subscriptions shall Actually and Bona Fide pay down to the Committees of the Treasury for the said Company or their Cashire one Entire Third part of the Sum of Money by each of them Respectively so Subscribed and the Remainder thereof on or before the Tenth Day of January now next coming NOW in Conformity to the said last Recited Charter It is hereby order'd by this General Court That the Accomptant-General do forthwith provide one or more Book or Books made of Vellum for taking of the said New Subscriptions for Seven Hundred Forty Four Thousand Pounds That the same may be laid open as is Directed by the said last mentioned Charter Wherein any Person or Persons qualified as aforesaid may Subscribe such Sum and Sums of Money as they shall think fit not exceeding in the whole the Sum of Ten Thousand Pounds according to the Direction of the said Charter And for the better Encouragement of the said New Subscriptions and bringing in of the Sums of Money so to be Subscribed This Court think fit to Declare and Agree That for every Hundred Pound of the said Additional Stock that shall be Subscribed and Paid in on or before the 10th Day of January next Every Person so Subscribing and Paying in the same shall have Credit in the Companies Books for a Hundred Pound Stock and so proportionably for anyother Sum. And in case any Person shall Subscribe any Sum of Money as before is Directed and pay in the One Third Part or any greater Part of such his or her Subscription on or before the Tenth of December next Every such Person and Persons so Subscribing and Paying in as aforesaid shall have Ten per Cent. allow'd for Prompt Payment of the Moneys by them so paid in Any Person or Persons Subscribing any Sum of Money as before is Directed and Paying in One Third or any greater Part of such their Subscription on or before the Twentieth of the said Month of December shall have Six per Cent. allow'd or Prompt Payment of the Moneys so paid in Any Person or Persons Subscribing any Sum of Money as before is Directed and Paying in One Third or any greater Part of such their Subscriptions on or before the One and Thirtieth of the said Month of December shall have Four per Cent. allow'd for Prompt Payment of the Moneys so paid in Any Person or Persons Subscribing any Sum of Money as before is Directed and Paying in One Third or any greater part of such their Subscriptions on or before the Tenth of January shall have Three per Cent. allow'd for the Moneys so paid in Which said several Allowances of Ten per Cent. Six per Cent. Four per Cent. and Three per Cent. to be made to the several Persons Subscribing and Paying in their Money on or before the several Days and Times before mention'd shall be paid to them and every of them by the Governour and Company on or before the last Day of February next In Proportion to the several Sums of Money for which the Respective Subscribers shall have Credit in the Companies Books upon the Reduction of the whole Subscriptions in Case they shall exceed the Sum of Seven Hundred Forty Four Thousand Pounds Pursuant to the Charter afore-mention'd On serious Consideration had of the Proposals before-mention'd made by the said General Court We whose Names are Subscribed do by these Presents Consent and Agree thereunto And do Promise and Oblige Our Selves and Our Respective Executors Administrators and Assigns to the said Governour and Company to pay or cause to be paid unto the said Governour and Company or to the Committees of the Treasury or their Cashire the several Sums of Money by us herein Subscribed at the Times before-limited by Their Majesties said Charter to be added to the said General Joynt-Stock That is to say the One Third Part thereof at the Time of our Respective Subscriptions and the Remainder on or before the Tenth Day of January now next coming And in Default of such Payment We do hereby Covenant and Agree with the said Governour and Company That it shall and may be Lawful for the said Governour and Company to Deduct and Retain for the Use of the Adventurers in the said Joynt-Stock after the Rate of Ten per Cent. of the Moneys by us so paid in out of the first Dividents to be made or upon the Sale or Alienation of the same which shall first happen And that we are to have no more Credit in the Companies Books than what shall be so actually paid in by us on or before the said Tenth of January next