The preamble to be subscribed by all persons, who shall become adventurers in a national joynt stock, for the trade to East-India

The preamble to be subscribed by all persons, who shall become adventurers in a national joynt stock, for the trade to East-India

Table of contents

THE PREAMBLE, TO BE Subſcribed by all Perſons, who ſhall become Adventurers in a NATIONAL JOYNT STOCK, for the Trade to Eaſt-India.

THE PREAMBLE, TO BE Subſcribed by all Perſons, who ſhall become Adventurers in a NATIONAL JOYNT STOCK, for the Trade to Eaſt-India.

[Page]

THE Committee of the Honourable Houſe of Commons, Appointed to Conſider of the moſt proper Method for Managing the Eaſt India Trade, to a more General and Publick Benefit to the Whole NATION than it has hitherto been; Having Declared their Opinion, on the 16th day of this Inſtant January, That the beſt Way of Managing that Trade, is by a NEW COMPANY with a NEW JOYNT STOCK, to be Eſtabliſhed by Act of PARLIAMENT.

WE whoſe Names are hereafter Written, upon the aforeſaid Encouragement, and in Dependance upon ſuch an Eſtabliſhment, by Authority of KING and PARLIAMENT; as alſo in farther Aſſurance, That the preſent Eaſt India Stock and the Eſtates and Perſons of the Managers thereof, ſhall, by the ſaid Authority, be obliged to Pay and Satisfie all Juſt Debts and Demands due to the Subjects of the Great Mogoll and King of Siam, and all other Natives of India; either for Monies Borrowed on Credit, or for Injuries and Violences Committed; and That the ſaid preſent Stock ſhall Defray the Charge of making Peace with the ſaid Indian Princes. DOE HEREBY, each Man for himſelf, ſeverally oblige our ſelves to become Adventurers in the ſaid NATIONAL-JOYNT-STOCK, for the particular Sums of Money by Us Hereunto reſpectively Subſcribed, to be paid in Manner and Form following: (Viz.)

One fourth part thereof within three Months after the ſaid Act of Parliament hath paſſed; and thoſe who ſhall pay in their Money ſooner, ſhall have Intereſt allowed for the ſame.

One other Fourth part thereof within Six Months after the Expiration of the ſaid Three Months,

And the remaining Half at ſuch ſeveral Payments as the Governour and Committees, to be appointed for the Management of this STOCK ſhall think fit, giving three Months Publick Notice for the ſaid Payments.

And we doe hereby farther Agree, as followeth; (viz.)

That the Books for Subſcriptions ſhall lyeopen Sixty Days, from the One and Twentieth day of January Inſtant; or until the Sum of Twelve Hundred Thouſand Pounds be Subſcribed, and then to be Cloſed, unleſs the Parliament in their Great Wiſdom ſhall otherwiſe Direct.

That no Perſon ſhall be Admitted to Subſcribe for himſelf, or any other, or to be Concerned in the ſaid Stock, either in his Own or any others Name, directly or indirectly, any greater Sum than Ten Thouſand Pound, or to Subſcribe any leſs Sum than One Hundred Pound.

That when the Sum of Four Hundred Thouſand Pound ſhall be Subſcribed, Publick Notice ſhall be given thereof, and a General Meeting of the Adventurers Summoned, for the chooſing a Committee, to act on behalf of the ſaid STOCK, for the mor ſpeedy obteyning the ſaid Act of Parliament, upon ſuch a Conſtitution, and with ſuch Powers and Priviledges as to the Wiſdom of the Parliament ſhall ſeem meet; and to do ſuch other matters as ſhall be given them in Charge by the General Court.

That at all General Courts of Adventurers, every Member who hath Subſcribed Five Hundred Pound ſhall have one Vote and that no greater Sum at firſt Subſcribed, or afterwards Purchaſed, ſhall Entitle any Adventurer to more than one ſingle Vote; the contrary whereof hath been found ſo fatally Pernicious to the Nation and the preſent Company.

And for the more Regular and Orderly Management of this National Joynt Stock for the PUBLICK GOOD. WE the Adventurers do hereby farther Oblige our Selves, to the faithful Obſervance of theſe and ſuch other farther Rules and Orders for Managing of the ſaid Trade, during the Continuance of this Stock as ſhall from time to time be made by a General Court of the Adventurers, or by a Court of Committees to be by them appointed.

Information about this book

Title statement

The preamble to be subscribed by all persons, who shall become adventurers in a national joynt stock, for the trade to East-India

Edition statement

1698

Publication

Publisher

Text Creation Partnership,

Place of publication

Ann Arbor, MI ; Oxford (UK) :

Date

2009-03 (EEBO-TCP Phase 1).

ID [DLPS]

A55655

ID [STC]

Wing P3198

ID [STC]

ESTC R221808

ID [EEBO-CITATION]

99833065

ID [PROQUEST]

99833065

ID [VID]

37540

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Series

Early English books online.

Notes

(EEBO-TCP ; phase 1, no. A55655)

Transcribed from: (Early English Books Online ; image set 37540)

Images scanned from microfilm: (Early English books, 1641-1700 ; 2053:22)

Source

— The preamble to be subscribed by all persons, who shall become adventurers in a national joynt stock, for the trade to East-India,

Extent

1 sheet ([1] p.) p.

s.n.,. [London :: 1698]. (Imprint from Wing.) (Reproduction of the original in the Bodleian Library.)

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