Our Soveraign Lord considering that the Subscriveing of Bonds Assignations and Dispositions and other deeds blank in the name of the person in whose favors they are granted as also that the intrusting of persons without any declaration or backbond of Trust in writing from the persons intrusted are occasions of fraud as also of many pleas and contentious Doth therfore with advice and consent of the Estates of Parliament Statute and Ordain that for hereafter no bonds assignations dispositions or other deeds be subscrived blank in the person or persons name in whose favors they are conceived and that the forsaid person or persones be either insert before or at the Subscriveing or at least in presence of the same witnesses who were witnesses to the Subscribing befor the delivery Certifieing that all writs otherways Subscribed and delivered blank as said is shall be declared null And farder that no action of declarator of trust shall be sustained as to any deed of trust made for hereafter except upon a declaration or backbond of trust lawfully Subscribed by the person alleadged to be the trustee and against whom or his heirs or assigneyes the Declarator shall be intented or unless the same be referred to the oath of party simpliciter Declaring that this Act shall not extend to the indorsation of Bills of Exchange or the notes of any tradeing Company

Textual Amendments applied to the whole legislation