November 1647: An Ordinance for Limiting a time for payment of the fourth part of Adventurers for Lands in Ireland.

November, 1647

[13 November, 1647.]

Time to be twenty dayes from the date hereof for all persons within ten miles of London.; Forty dayes for others.

Whereas by an Ordinance of this present Parliament bearing date the fourteenth day of July, 1643. It was Granted, Ordained, and Declared, That all those who should advance one full fourth part of their former Adventures for Lands in Ireland, or that should de novo, become Adventurers by advancing any sum or sums of Money, should have a double proportion of Land; that is, twice so much as was granted by any of the preceding Acts or Ordinances of Parliament to Adventurers in that behalf. Now for as much as the said Ordinance being without limitation of time for such advances to be made, may much disadvantage the State, The Lords and Commons in Parliament assembled taking the same into Consideration, and to the end that thirty thousand pounds and no more Money, may be advanced by paying in one full fourth part upon the said Ordinance, to have a double proportion of Land as is therein expressed; Do ordain, and it is ordained by the said Lords and Commons, That the time limited for the coming in, Subscriptions and payment of any sum of Money for a full fourth part of any of the former Adventures for Lands in Ireland, or otherwise upon the said Ordinance of the fourteenth of July, 1643. shall be within twenty dayes next after the passing and printing of this present Ordinance by all such persons, Corporations, or Bodies Politique as are in London, or within ten miles thereof; and the time limited shall be within forty dayes after the passing and printing of this Ordinance for the coming in, Subscription and payment of any money for a full fourth part, as aforesaid, by all other Persons, Corporations, or Bodies politique of the first Adventurers for Land in Ireland, that will advance and pay one full fourth part thereupon or other-wayes.

In case 30000l. be not advanced then seven dayes longer.; Adventurers shall be admitted to pay in their full Adventure and to add a fourth part.

And it is further ordained by the Authority aforesaid, That in case the said thirty thousand pounds shall not be advanced and paid within the said forty dayes, as is before declared, That then it shall and may be lawfull for any Person or Persons whatsoever, within seven dayes next after the expiration of the said forty dayes, to advance and pay the full fourth part of any the said first Adventures whereunto the said fourth part is, or shall not be then added, and upon payment thereof shall have and take that advantage to himself, which the said first Adventurer should or might have paid by payment of the said full fourth part by vertue of the said Ordinance of Parliament of the fourteenth of July, 1643. before mentioned, and whereas many of the first Adventurers intended to have paid in their whole Money according to their Subscription within the times limited for payment, but were hindred by reason of the then great troubles, and of the War in this Kingdom; It is therefore ordained and declared by the said Lords and Commons in Parliament assembled, That all such Adventurers shall be admitted to make payment of their full Adventure and Subscription of Money, and to add a full fourth part thereunto of their said full Adventure and Subscription according to the said Ordinance of the fourteenth of July, 1643. and upon payment thereof, according to the several and respective limitations of time before mentioned, and not otherwise, shall have and take the like benefit of the said Ordinance of the fourteenth of July, 1643. for a double proportion of Land in Ireland as is therein declared, any Act or Ordinance of Parliament to the contrary in any wise not withstanding.

And it is also ordained by the said Lords and Commons in Parliament, That all such coming in, Subscriptions, or payment of any Money, and the benefit or profit that may or should accrew thereupon as shall be made in pursuance of the said Ordinance of Parliament of the fourteenth of July, 1643, by any Person or Persons, or for any Corporations or Bodies Politique whatsoever after the end and expiration of the said seven dayes next coming after the forty dayes before mentioned, are and shall be by vertue of this present Ordinance void and of none effect, and from thenceforth shall be accompted null and void, and to be so interpreted to all intents and purposes, any thing in the said Ordinance to the contrary in any wise not withstanding.

Treasurers,

And it is hereby further ordained, That the said thirty thousand pounds, or so much thereof as shall be advanced, shall be paid in unto Master Thomas Andrews, Master Thomas Foot Master John Kendrick, and Master Samuel Avery, Aldermen of the City of London, who are hereby appointed Treasurers for the said service, and to issue forth the said Money as they shall be ordered by both Houses of Parliament.