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Greenland Trade Act 1692

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VI.Money subscribed how and when to be paid;

within Four Years.

And be it further enacted by the authority aforesaid That all and every the said persons so as aforesaid subscribeing shall on or before the said First day of May now next comeing actually and bona fide pay downe unto such person or persons as the said persons herein before named or the major part of them shall nominate and appoint one full and entire Fourth part of the severall sums of money by each of them respectively subscribed to the said Joynt Stock and shall alsoe pay the remainder thereof att such times and in such manner as shall be directed and appointed from time to time by the Governor or Deputy Governor and Court of Co[m]mittees of the said Company for the time being so as the whole sum to be subscribed be paid within Foure years next after the said First day of May.

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