Taxation, etc. (No. 2) Act 1695

XIV. After Incorporation the said yearly Sum of £179,480, or a Proportionable Part therefore, to be paid to the said Bank and their Successors.

And be it further enacted That from and after the granting the said Letters Patents of Incorporation the said yearely Su[m]m of One hundred seventy nine thousand foure hundred and eighty Pounds or so much thereof as shall be proportionable to the several Su[m]m or Su[m]ms before that time advanced or to be then afterwards advanced before the said First day of January One thousand six hundred ninety six as aforesaid shall be issued and paid to the said Governor and Company and theire Successors for ever in manner as by this Act is directed And that the said Governor and Company and their Successors for ever shall from time to time have and receive the same in trust in the first place for paying and satisfying all Bills and other Charges which they shall from time to time charge thereupon under their Co[m]mon Seale and from and after Payment and Satisfaction of such Bills and Charges then in trust for the several and respective Members of the said Corporation according to the proportion of their several Stocks therein.