Lotteries Act 1732

JurisdictionUK Non-devolved
Citation1732 c. 35
Year1732
Anno Regni GEORGII II. sexto. An Act for appointing Commissioners to examine, state and report who of the Sufferers in theCharitable Corporation are Objects of Compassion, according to the Descriptions therein mentioned; and for giving Relief to such Sufferers; and for enforcing the Laws made against foreign Lotteries; and for impowering the said Commissioners to hear and determine the Claims of such Creditors and Proprietors of the said Corporation, as have not made their Claims within the Time limited by an Act made in the last Session of Parliament, for taking, stating and determining all the Claims and Demands of the Creditors of the said Corporation, and of all Persons claiming any Share or Interest in the Stock or Fund of the said Corporation . P R.

(6 Geo. 2) C A P. XXXV.

'WHEREAS divers of his Majesty's Subjects have sustained great Losses, and have been reduced to great Necessity, by the fraudulent and indirect Practices carried on in the Management of the Affairs of theCharitable Corporation for Relief of industrious Poor, by assisting them with small Sums upon Pledges, at legal Interest : And by a Report delivered to both Houses of Parliament, made by the Commissioners appointed by an Act of the last Session of Parliament, for the taking, stating and determining the Claims and Demands of the Creditors of the said Corporation, and all Persons claiming any Share or Interest in the Stock of the same, it appears, that the whole Sum for which the Corporation was, at the Time of signing the said Report, answerable to all the Persons who had any Demands upon or were any ways interested in the said Corporation, amounted to four hundred eighty-seven thousand eight hundred and ninety-five Pounds fourteen Shillings and ten Pence three Farthings: And whereas upon Examination into the State of the Effects of the said Corporation, it appears, that to make good the said four hundred eighty-seven thousand eight hundred and ninety-five Pounds fourteen Shillings and ten Pence three Farthings, there remains in Money and Effects no more than thirty-four thousand one hundred and fifty Pounds thirteen Shillings and one Penny Half-penny; so that the NetLoss to the said Corporation is four hundred fifty-three thousand seven hundred and forty-five Pounds one Shilling and nine Pence Farthing, except what may be recovered from Persons indebted to the said Corporation, of which no Estimate can yet be made: And whereas it will be a reasonable Act of Charity, to give some Relief or Satisfaction to such of the Sufferers as shall appear upon Examination to be proper...

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