AT
EDINBURGH
,
The
9th
Day
of
July
,
1696.
WHEREAS
the
Books
of
Subscription
to
the
COMPANY
of
SCOTLAND
Trading
to
AFRICA
and
the
INDIES
,
have
continued
open
at
Edinburgh
from
the
Twenty
Sixth
Day
of
February
last
,
to
this
Instant
;
And
altho'
continuing
the
Subscriptions
in
SCOTLAND
so
long
,
hath
been
very
prejudicial
to
the
Affairs
of
the
COMPANY
at
Home
and
Abroad
;
Yet
in
regard
that
all
Doubts
and
Difficulties
may
be
fully
Obviated
,
and
no
reasonable
Means
or
Opportunity
omitted
to
make
this
the
most
Diffusive
and
National
Joynt-Stock
in
the
World
:
The
COURT
of
DIRECTORS
of
the
said
COMPANY
,
Do
hereby
Agree
and
Declare
,
that
the
said
Books
of
Subscriptions
shall
continue
open
until
Saturday
the
first
Day
of
August
next
,
at
Six
a
Clock
in
the
Afternoon
:
And
the
said
COURT
of
DIRECTORS
do
further
Resolve
,
Publish
and
Declare
,
that
if
any
of
the
Subscribers
of
the
said
COMPANY
shall
neglect
to
pay
the
first
Quarter-part
of
their
Subscriptions
until
the
Tenth
Day
of
the
said
Month
of
August
;
That
then
,
and
from
thence-forward
,
the
Share
of
Stock
belonging
to
such
Person
or
Persons
,
shall
either
be
Pursued
for
according
to
Law
,
or
Transferr'd
and
Dispos'd
of
by
the
said
COURT
,
to
such
as
will
Adventure
and
pay
the
Sum
or
Sums
required
,
at
the
Pleasure
of
the
said
COURT
of
DIRECTORS
.
Published
by
Order
of
COVRT
,
ROD.
MACKENZIE
,
Sec
:
ry
EDINBURGH
,
the
3d
d
of
August
1696.
THE
above-written
ACT
of
the
said
COVRT
of
DIRECTORS
was
Read
,
Considered
and
Approved
of
by
the
COVNCIL-GENERAL
of
the
said
COMPANY
:
And
the
said
COVNCIL-GENERAL
,
Doth
hereby
further
Enact
and
Declare
,
That
the
said
COVRT
of
DIRECTORS
may
,
at
any
time
after
the
said
Tenth
Day
of
August
instant
,
Invest
in
themselves
,
for
the
COMPANY'S
Vse
,
the
respective
Shares
and
Interests
of
such
Subscribers
or
Proprietors
in
the
Joynt-Stock
of
the
said
COMPANY
,
as
shall
either
neglect
or
refuse
to
Pay
or
Cause
Pay
the
first
Fourth-Payment
of
the
respective
Sums
Subscribed
by
them
as
aforesaid
,
before
the
said
Tenth
Day
of
August
:
And
that
upon
such
Investment
,
the
said
COVRT
of
DIRECTORS
,
or
any
appointed
by
them
for
that
intent
,
may
thereafter
Transferr
the
several
Shares
and
Interests
,
not
paid
as
aforesaid
,
to
such
as
,
by
advancing
the
several
Sums
required
,
shall
become
Proprietors
thereof
.
Then
a
Report
being
made
to
the
said
COVNCIL-GENERAL
,
by
the
COMPANY'S
Chief-Accomptant
,
that
the
compleat
Sum
of
Four
Hundred
Thousand
Pounds
Sterling
was
Subscribed
in
the
Books
of
the
said
COMPANY
,
by
Persons
residing
in
SCOTLAND
;
The
said
COVNCIL-GENERAL
have
Ordered
the
said
Books
of
Subscription
to
be
closed
,
and
that
the
same
be
hereby
Published
and
Declared
accordingly
.
DAVID
HOME
P.