Any Creditor shall, in respect of any Advance made by him on the Security of the Bates and Dues hereby authorized to be transferred to the said Trustees of Whitby Harbour, have the same Claim against the said Bates and Dues when transferred, and against the said Trustees to the Extent of the Bates and Dues so transferred, as he would, if such Transfer had not been made, have had in respect of the same Debt against such Bates and Dues in the Hands of the said Commissioners, and against the said Commissioners in respect thereof.