- Latest available (Revised)
- Original (As enacted)
East India Company Act 1697
You are here:
What Version
Opening Options
More Resources
Status:
This is the original version (as it was originally enacted). This item of legislation is currently only available in its original format. The electronic version of this Act has been contributed by British History Online and is taken from the printed publication.
Read more
LXXV.The present East India Company to pay their just Debts, and their Estates made liable thereunto.
The said Company making Dividends after 24th June 1698, before Payment of their Debts, the respective Members liable so far as their Shares upon such Dividends shall extend to pay, besides Double Costs.
And be it enacted by the Authority aforesaid That the Governor and Company of Merchants of London trading into the East Indies shall pay and discharge all just Debts whatsoever which the said Governor and Company do owe or are subject to and that all and singular the Manors Lands Tenements Goods Wares Merchandizes Chattels Real and Personal as well granted and confirmed to them and their Successors by any Letters Patents under the Great Seal of England heretofore made or by the Concessions and Grants of any Person or Persons whatsoever or of which they now are or hereafter shall be seized or possessed by any Manner Ways or Means whatsoever shall be and are hereby declared to be subject unto and chargable with the Payment of the said just Debts And if at any time from and after the Four and twentieth of June One thousand six hundred ninety eight the said Governor and Company or any other Person or Persons shall make any Dividend or Dividends of their Stock or Estates or any Part thereof or of any of the Effects or Produce of the same before the full Payment and Satisfaction of their said just Debts in every such Case the particular Members and every of them respectively who in their Private [X1or Personal ] Capacities shall receive any Share of such Dividend or Dividends shall be severally liable and they are hereby made liable so farr as their respective Shares so by them respectively received upon such Dividend or Dividends shall extend to pay and satisfy the said Debts or such of them which shall remain due and unpaid to any other Person or Persons Bodies Politick or Corporate who by virtue of this Act are severally enabled to sue for and recover the same besides Double Costs of Suit by Action of Debt or of the Case as is before mentioned Any thing in this Act or any Law Statute Usage or Prescription to the contrary notwithstanding.
Editorial Information
X1interlined on the Roll.
Options/Help
Print Options
PrintThe Whole Act
PrintThis Section only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.