Taxation (No. 3) Act 1692

IX. Five Pounds upon Hudson's Bay Shares.

And be it further enacted by the authority aforesaid That for every share in the Joint Stock of the Hudsons Bay Company according as the number of shares are now reckoned and computed there shall be answered and paid to their Majesties the sum of Five pounds the same to be paid by the Governor and Treasurer of the said Hudsons Bay Company by four equal quarterly payments the first payment to be made vpon the said Five and twentieth day of March One thousand six hundred ninety and three and to be deducted according to the several shares and proportions of the Members of the said Company in the Joint Stock thereof upon the next Dividends And in case the Governors and Treasurers of the said respective Companies shall make default in payment of the said several Sums or any of them respectively charged on the Stocks of the said Companies att the days and times aforesaid according to the true intent of this Act the Charter of such Company respectively shall be and is hereby adjudged to be void.