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C. Tottenham to pay commissioners, &c. as herein.
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IX. And be it enacted, That immediately after the passing of this act, the said Charles Tottenham, esquire, do, if required so to do, pay unto the said commissioners, or their successors, or a quorum of them, or unto such person or persons as they shall appoint, the amount of the said one-fifth part of the subscriptions so deposited in his hands, he first deducing thereout the costs and charges of obtaining and passing this, and other necessary disbursements by him made, pursuant to the directions of the said subscribers; and that the persons who have as aforesaid, subscribed, their representatives or assigns, be obliged to pay in the remainder of the sum or sums by him, her, or them, so respectively subscribed, in such shares and proportions, as the said commissioners or their successors, or a quorum of them shall direct, until the whole sum or sums by him, her, or them (or by the person or persons whom he, the or they, do claim under) so respectively subscribed, or such part thereof as shall be so required by the said commissioners or their successors, or a quorum of them shall be paid; and if it shall happen that a greater sum than the amount of the sums so subscribed as aforesaid, shall be requisite or necessary for carrying the purposes of this act into execution, then it shall and may be lawful for the said commissioners, or their successors, or a quorum of them, from time to time, to make one or more call or calls upon the several proprietors of the said joint-stock, requiring each and every of them to pay such further sum and sums proportionate to the sums respectively subscribed by him, her, or them, or by the person or persons whom he, she, or they do claim under, as shall be requisite or necessary for effectuating the said purposes, and each and every person who has so subscribed as aforesaid, their representatives or assigns, shall so soon as the full amount of the sums so subscribed (or such parts thereof as shall have been so required); and also such further sum or sums, if any, as shall be called for by the said commissioners, or their successors, or a quorum of them shall be paid, shall receive a debenture for each one hundred pounds, of the sums subscribed as aforesaid, by him, her, or them, or by the person or persons whom he, she, or they do claim under; which debentures are respectively to be arithmetically numbered, beginning with number one, and ending with number one hundred and twelve, the common excess or difference being one, and to be signed and sealed by the said commissioners or their successors, or any five or more of them, and entered in a book or register to be kept for that purpose.
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