A. D. 1733. . 197 



The king of Denmark's zeal for the profperity of his fubjeds com- 

 merce, and more efpecially for that of his Eaft-India company, prompt- 

 ed him this year to ere6l an infurance company at Copenhagen, in or- 

 der to avoid fending to Amfterdam for infurances on their fliips and 

 merchandize ; the king himfelf firfl: fubfcribing a confiderable fum in- 

 to tliis new company, which was followed by the fubfcriptions of the 

 courtiers, merchants, and others. 



The proprietors of the South-fea company's capital flock being un- 

 eafy on account of their lofles by their alllento and Greenland trades, 

 their general court petitioned the parliament to enable them to divide 

 their prefent capital flock of Li4,65i,i03 : 8 : i, into three fourth parts 

 new South-fea annuity flock, and one fourth part to be the capital or 

 trading corporation flock. It was therefor enabled, that the capital 

 flock be divided, after midfummer 1733, into three fourths annuity 

 flock, at four per cent, to be called the new joint flock of South-fea an- 

 nuities, amounting, by the computation of this adl, to Lio,988,327 : 

 iifo}; and the remainder, being L3,662,784: 8 : 6 *, to be the fole 

 capital, or trading flock, of the company, in its corporate capacity ; the 

 faid new joint flock of South-fea annuities to be quite exempted from 

 all concern with the company's debts, bonds, trade, &c. and to be an 

 entire, unincumbered, annuity flock, redeemable by parliament, as by 

 former flatutes ; the annuity to be payable at chriftmas and midfum- 

 mer yearly. [6 Geo. II, c. 28.] 



' Whereas the mafter, wardens, and afhftants, of the corporation of 

 ' the trinity-houfe of Deptford-flrond, in the county of Kent, have, 

 ' by grants from the crown, the laflage and ballaflage, and the fole 



* right of fupplying all fhips and vellels with ballafl, that fail, pafs, and 

 ' repafs, in the river of Thames between London bridge and the main 

 ' fea, at the rates and prices accuftomed ; and are alfo entitled to, and 



* have a right to, dig, raife, and take up, the gravel, fand, and foil, of 

 ' the river Thames, for ballafling fuch fliips and veflels as aforelaid : 



* and whereas the faid mafler, wardens, and afTiftants, have for feveral 

 ' years lafl pafl conflantly employed 60 ballafl-lighters and 120 men, 

 ' to dig and raife ballafl from the fhelves and fand-banks of the river, 



* and to carry and convey fuch ballafl to (liips and veffels having occa- 

 ' fion for the fame ; and thereby the channel of the river hath been 



* confiderably deepened, and feveral obflrucflions to the navigation 



* therein removed,' therefor an acl of the Britilh parliament [6 Geo. II, 

 c. 29] fettles the prices to be hereafter paid to that corporation for bal- 

 lafl, and to their ballaftmen ; alfo the burden of ballafl-lighters, &c. in 

 fundry rcfpeds too tedious and necdlcfs to be herein fpecitied ; the 



• This fum exceeds the real fourlh part of tlic wliole, by the fradlional parts or odd pence, when 

 writing off ihc three fourths from each proprietor's account, being added to tlic rcmainijig fourth 

 I»rt. ^. . 



