Secondly, it will prevent one county which shall be
diligent, imposing on their neighbours who may be negligent, or
getting away their manufactures from them. Thirdly, in case of
fire, plague, or loss of manufacture, the stock of one county may
not be sufficient to support the places where such calamities may
happen; and it is necessary the whole body should support every
particular member, so that hereby there will be a general care to
administer to every place according to their necessities.
Secondly, that the said Corporation be established for the term of
one-and-twenty years.
The Corporation ought to be established for one-and-twenty years, or
otherwise it cannot have the benefit the law gives in case of
infants, which is their service for their education; besides, it
will be some years before a matter of this nature can be brought
into practice.
Thirdly, that the said sum of 300,000 pounds be paid in, and laid
out for the purposes aforesaid, to remain as a stock for and during
the said term of one-and-twenty years.
The subscription ought to be taken at the passing of the Act, but
the Corporation to be left at liberty to begin either the Michaelmas
or the Lady Day after, as they shall think fit. And XXX per cent.
to be paid at the subscribing to persons appointed for that purpose,
and the remainder before they begin to act; but so as 300,000 pounds
shall be always in stock during the term, notwithstanding any
dividends or other disposition: and an account thereof to be
exhibited twice in every year upon oath, before the Lord Chancellor
for the time being.
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