A SETTLEMENT of the Mines late of Sir Carbery Pryse, whereby the Old Lease thereof is Renewed, and a better Constitution Established, in order to raise a Stock of Twenty Thousand Pounds, for the effectual carrying on the said Mineral Works.  
THis Indenture Quadrupartite, made the Third Day of August, in the Tenth Year of the Reign of our Sovereign Lord, WILLIAM III. by the Grace of God, over England, Scotland, France and Ireland, King, Defender of the Faith, etc. And in the Year of our Lord God, One Thousand Six Hundred Ninety and Eight, Between the most Noble his Grace the Duke of Leeds, the Right Honourable the Marquis of Carmarthen, the Right Honourable Pawlett, Earl of Bullingbrook, 
The Parties Names.  the Right Honourable James Lord Viscount Landsborough, the Right Honourable William Lord Digby, the Honourable Sir Humphrey Edwin, Kt. Lord Mayor of London, the Honourable Hatton Compton of Grindon in the County of Northampton, Esq Dame Ann Cholmley of Whitby in the County of York, Widow, Marry Cholmley of Whitby in the said County of York, Widow, Bridget Peshall of the City of Westminster, Spinster, Jane Bickerstaffe of Wilderness in the County of Kent, Spinster, Ann Hill of London, Widow, Elizabeth Lloyd of Greenwich in the County of Kent, Widow, Elizabeth Lloyd of Greenwich aforesaid, Spinster, Lucy Wroights of St. Margaret's Westminster, Spinster, Sir John Pryse of Newtowne in the County of Mountgomery, Bar. Sir John Morden of London Bar. Sir Charles Bickerstaffe of Seal in the County of Kent, Kt. Sir Christopher Wren of Whitehall, Kt. Sir Paul Whitchcott of Middlesex, Knight and Baronet, Henry Farmer of Eston in the County of Northampton, Esq William powel of Nanteos in the County of Cardigan, Esq Edward Nicholas of Whitehall, Esq Philip Bickerstaffe of Chirton in the County of Northumberland, Esq Arthur Moor of London, Esq Henry Lloyd of the Inner-Temple, London, Esq John Meyricke of the Middle-Temple, London, Esq James Blake of London, Merchant, William Freeman of Landowne in the County of Kent, Esq Samuel Trotman of Bloomsbury-Square in the County of Middlesex, Esq William Nicholas of London Merchant, Joseph Short of the Parish of Clarkenwell in the County of Middlesex, Esq Richard Stephens of the Middle-Temple, London, Esq George London of The Royal Gardens, Esq Henry Simmons of Hampton Court in the County of Middlesex, Esq Henry Grove of Cripplegate, London, Blacksmith, John Woodhouse of Deans Yard in the City of Westminster, Esq John Oldbury of London, Merchant, Thomas Phipps of London, Mercer, Paul Dominique of London, Merchant, Whitfeild Hayter of London, Goldsmith, Anthony Forty of London, Merchant, William Woolley of London, Merchantaylor, Thomas Phipps, Junior of London, Gent. Richard Chancey of London, Mercer, Richard Curtis of London, Gent. Thomas Frederick of London, Esq Gabriel Glover of London, Ironmonger, John Glover of London, Merchant, Thomas Jeve of London, Fishmonger, John Thrale of London, Merchant, Nathaniel Troughton of London, Upholsterer, John Newland of Eltham in the County of Kent, Farmer, John Preston of London, Gent. Edward Grace of Winchester in the County of Southampton, Gent. John Hayward of London, Tyler and Bricklayer, James Hallett of London, Goldsmith, Thomas Houghton of the Parish of Shoreditch, London, Clerke, Benjamin Rawlins of the Six Clerks-Office in Chancery-Lane in the County of Middlesex, Gent. William Stubbs of London, Shipwright, and Christopher Smith of Clifford's Inn in of the County of Middlesex, 
Of the First Part.  Gent. of the First Part.  
Thomas Done of Lincolns-Inn-Fields in the County of Middlesex, Esq Richard Hore of London, 
Of the Second Part.  Goldsmith, Robert Fowls of London, Godsmith, and Nicholas Baker of London, Gent. of the Second Part.  
Sir Humphrey Mackworth late of the Middle Temple, London, and now of Lincolns-Inn in the County of Middlesex, 
Of the Third Part.  Kt. and Edward Pryse of Gogarthan in the County of Cardigan, Esq of the Third Part.  
And Sir Joseph Hern of London, Kt. Sir William Hedges of London, Kt. Sir Thomas Vernon of London, 
and Of the Fourth Part.  Kt. and Thomas Pitt of Little Lincolns-Inn-Fields in the County of Middlesex, Esq of the Fourth Part.  
Whereas by One Indenture bearing Date the First Day of January, in the Year of our Lord, One Thousand Six Hundred and Ninety, and made between Sir Carbery Pryse of Gogarthen aforesaid, 
A Recital of the First Deed of Co-partnership made by Sir Carbery Pryse, 1 Jan. 1690.  Baronet, since deceased, of the one Part, and the Right Honourable Peregrine Osborne, than Earl of Danby, Son and Heir Apparent of the Right Honourable his Grace the Duke of Leeds, the said Sir Charles Bickerstaffe, and Sir Humphrey Edwin, Sir Stephen Evans of London Knight, the said Philip Bickerstaffe, and William Powel, William Scawen of London, Merchant, and the said Edward Pryse by the Name of Edward Pryse of Lanuread in the said County of Cardigan, Gent. of the other Part.  
He the said Sir Carbery Pryse reciting that he had the Inheritance of the Lordship of Lanvihangell Generglyn, in the said County of Cardigan, and of all Wastes and Commons thereunto belonging, and amongst others of Bulchyr Esgairhyr, being part of the said Lordship, wherein certain Mines were then found, the Management of which required great Skill and Expense, and that therefore the said Sir Carbery had determined to take Sharers and Partners in the said Mines.  
And having thereby divided and made Twenty Four Shares in the said Mines, and agreed that the said Mines in Shares should extend Twelve Hundred Yards in length, 
The Boundaries of the Mines.  from the Place where the Work was first began within Twelve Months then last passed, which was then the great Work they were working in Bwlchyr Esgairhyr, and Two Hundred Yards in Breadth, did thereby Covenant and Agree with the said Persons before named upon a Co-partnership and Joint-dealing in the said Mines for the Term therein mentioned. And he the said Sir Carbery did thereby further Covenant and Agree that the said Peregrine Osborne Earl of Danby, Sir Charles Bickerstaffe, Sir Humphrey Edwin, Sir Stephen Evans, Philip Bickerstaffe, William powel, William Scawen, and Edward Pryse should peaceably and quietly enjoy Twelve Shares thereof, during the said Term, in such Proportion as is therein mentioned, reserving the other Twelve Shares thereof to himself. And the said Edward Pryse reciting that he was to have an Interest in Reversion or Remainder in the said Place and Mines, called, Bwlchyr Esgairhyr, if the said Sir Carbery died without Issue, he the said Edward Pryse did thereby Covenant and Agree to and with the said Earl of Danby, and the said other Partners, at their or any of their Requests, to Confirm all and singular the Grants, Articles, Covenants and Agreements made by the said Sir Carbery, in and by the said Indenture, for, touching and concerning the said Mines and Oar, as by the said Indenture duly executed by all the said Parties, Relation being thereto had, amongst other things may fully and at large Appear.  
And whereas by one other Indenture made the First Day of July, in the Year of our Lord One Thousand Six Hundred Ninety and Three, 
A Recital of the Second Deed, Dated 1 July, 1693. whereby Sir Carbery and Partners did grant and Assign over the Mines to Sir Francis Lawley, Tho. Done, Richard Hore, Rob. Fowls, and Nicholas Baker, in Trust, etc.  between the said Sir Carbery Pryse, Peregrine Osborne, Earl of Danby, Sir Charles Bickerstaffe, Sir Humphrey Edwin, Philip Bickerstaffe, William powel, and Edward Pryse of the one Part, and Sir Francis Lawley of Spoonhill in the County of Salop, Baronet, Thomas Done of Lincolns-Inn-Fields in the County of Middlesex, Esq Richard Hore of London, Goldsmith, Robert Fowls of London, Goldsmith, and Nicholas Baker of London, Gent. of the other Part, Reciting the said former Indenture of Co-partnership, to the Effect , and setting forth that the said Sir Stephen Evans had assigned his Shares in the said Mines to the said William Powel: And likewise that the said William Scawen had assigned his Interest therein to the said Sir Humphrey Edwin.  
And that they did find that the said Mines would be of extraordinary Advantage if the same were duly Managed, and a Vent found for the Product thereof, which could not be unless a greater number of Persons were concerned in Interest together with them the said Parties, and for that purpose, and for the Improving and better carrying on of the said Mines, and for raising the Sum of Four thousand and eight Pounds of currant Money of England, as a Joint-Stock to be employed therein, they the said Parties had divided the Interest of and in the said Mines and Stock, and all Houses, Buildings, Tenements, Hereditaments, Engines and Materials whatsoever belonging to, used or employed in and about the said Mines, for and during all the remainder of the said Term then to come and unexpired, into Four thousand and eight equal Parts or Shares, 
The Mines divided into 4008 equal Parts.  whereof the said Sir Carbery was to have Two thousand and four Shares, the said Earl of Danby Three hundred thirty four Shares, the said Sir Charles Bickerstaffe Three hundred thirty four Shares, the said Sir Humphrey Edwin Five hundred and one Shares, the said Philip Bickerstaffe Three hundred thirty four Shares, the said William powel Three hundred thirty four Shares, and the said Edward Pryse One hundred sixty seven Shares.  
And did thereby Grant, Bargain, Sell, Assign, and Set over All and Singular the said Mines and Premises to the said Sir Francis Lawley, Thomas Done, Richard Hore, Robert Fowls, and Nicholas Baker, their Executors, Administrators and Assigns [except the Oar then raised before the Date of the said Indenture] for and during the full End and Term of Twenty two Years and a half then next ensuing and fully to be complete and ended upon the several Trusts and Confidences therein particularly set forth and expressed. 
The Original Term.   

The Transfer-Book.  And, amongst other things, it was thereby agreed, That a Transfer-Book should be provided, for Assigning and Transferring of Shares from one of the said Partners to another, in manner and form as is therein set forth, and that on such Assignments, Transfers and Acceptances so made as aforesaid, in the said Transfer-Book, subject to the Management and Agreements therein contained, The Person and Persons to whom the same should from time to time be Assigned and Transfered as aforesaid, should be thereby entitled to so many Shares of the said Mines, Stock and Undertaking during the said Term of Twenty two Years and a Half as aforesaid.  

No Person to have any Vote or Dividend, etc. until a Transfer made unto him, and the same be by him accepted upon the Transfer-Book under the Constitutions herein set forth.  And that no Person or Persons whatsoever should have any Vote in the said Meetings, or have any Dividend or Payment of any Money out of the said Mines, Stock and Premises for or by reason of any Right, Title, Interest, Claim, or Demand that he or they have, hath, or could or might have, or claim or pretend to have in or to the same, unless such Persons should have an actual Transfer made unto him and them of such Interest in the said Transfer-Book, and the same be by him or them there accepted as aforesaid, any thing to the contrary thereof in any wise notwithstanding: And that no Person or Persons whatsoever should be suffered to make any Transfer in the said Book as aforesaid, until he or they had or should perform, comply with, accomplish and fulfil all such Orders and Rules as should be thentofore made by the Private and General Meetings as aforesaid.  

The Management of the Mines, by a General Meeting and a Private Committee.  And that the said Mines, Stock and Premises should be Managed, Ordered, and Governed as well by a Committee or private Meeting, which should consist of a Chairman or his Deputy, and Twelve Assistants; as also by a General Meeting which should consist of a Chairman or his Deputy, and such of the rest of the Persons who should be Proprietors, or concerned in Interest in the said Mines, who should think sit to attend the same, and who should be capable of Voting according to the Agreement therein; [that is to say] That the said Assistants should be Yearly chosen in and by General Meetings, out of the Persons who should be concerned in Interest in the said Mines; and that every Person who should be Interested in the said Mines, and should have Ten or more Shares of the said Four thousand and eight Shares, should have one Vote in General Meetings for every Ten Shares he should have in the said Mines, and no Person that should have less than Ten Shares should have any Vote in the said General Meetings, and no Person to be capable of being chosen an Assistant in the said Committee, unless he should have at the time of his being Chosen, Twenty Shares or more of the said Four thousand and eight Shares in the said Mines.  

Power to raise Money for a Stock.  And whereas it was thereby further provided, That such of the said Proprietors who should be present at such General Meetings, should or might raise such Moneys as they should think necessary for the Carrying on and Working of the said Mines, and Managing the said Undertaking; and that not only such Persons as should be Proprietors, but their and every of their Shares of the said Four thousand and eight, should stand and be severally Charged and liable for the Payment of their respective Parts and Proportions thereof, as is therein set forth.  

Sir Carbery Pryse and his Heirs perpetual Chairman,  And further, That the said Sir Carbery Pryse during his Life, and after his Decease, such other Person or Persons who should be seized of the Inheritance of the said Mines, or his or their Deputy, should preside and be perpetual Chairman, as well in the said Committee or Private Meeting as General Meeting, whilst he or they should have One hundred Shares in the said Mines, Stock and Premises, according to the Division aforesaid: And that he and they should from time to time have full power to make such Deputy and Deputies as he or they should think fit (so that there be but one Deputy at a time) to Act in his or their Absence, which said Deputy should have full Power to Act in all things, as he or they had by Virtue of the said recited Indenture; And that he and they should from time to time, 
And to have the Nomination of Officers.  during the said Term, have the Nomination and Appointment of all Officers and Agents, which nevertheless should be liable to the Censure of General Meetings, and for Breach of Trust be by them turned out if thought fit.  

That the trusties might Assign their Trust and be Indemnified and Discharged, etc.  And whereas it was thereby Declared and Agreed by and between all the said Parties to the said Indenture, That in case at any time or times, during the said Term of Twenty two Years and an half, the said Sir Francis Lawley, Thomas Done, Richard Hoare, Robert Fowls, and Nicholas Baker, or any of them respectively, or their respective Assigns, should desire and be intended to Relinquish and Resign the Trusts thereby reposed or meant, mentioned or intended to be reposed in them, and to be Released and Discharged of and from the same; And of such their Desire and Mind should give or leave Notice or Warning in Writing, unto or for the said Chairman and Committee for the time being, at their then usual time and place of Meeting for managing of the said Mines and Undertaking, and should at any time within the space of Thirty Days next ensuing such Notice or Warning, Assign over or Release the same unto such Person or Persons as the Chairman and Committee of the said Mines, Stock, and Premises for the time being, or the Majority of them, should Choose, Nominate, and Appoint in that behalf; And in default of such Choice, Nomination and Appointment unto the rest of the trusties for the time being, or to such other Person or Persons as they the said Trustee or trusties so Relinquishing or Resigning should in that behalf respectively think fit.  
That then and in such Case and at all times after such Assignment should be so made, such of the said trusties as should so Relinquish and Resign his Trust, should be Acquitted and Discharged of and from the same, and all Actions, Suits, Costs, Troubles, Damages, and Expenses whatsoever, for any future Thing or Things to be Acted or done about respecting or concerning the said Mines, Stock, and Undertaking, or any thing thereunto belonging or appertaining.  
And it was thereby further declared and agreed, That such Trustee or trusties respectively as should so Relinquish, Resign, or Assign his Trust, should at all times after such his Resignation or Assigment as aforesaid, be Protected, saved Harmless, and kept Indemnified by the succeeding trusties, by and out of the said Stock and Trade, and the Gain and Interest thereof; And of and from all Actions, Suits, Costs, Troubles, Damages and Expenses whatsoever, which should or may be had against him or them the said Trustee or trusties so Resigning, Relinquishing, or Assigning, or which he or they should or might be put unto or sustain, for or by reason or means of any Act or thing by him or them done, committed or suffered before such Resignation, Relinguishing or Assigment, by reason of the Trusts thereby reposed or meant, mentioned or intended to be reposed in him or them, in or about the Defence or Execution thereof, or of any of them.  

That the trusties at the request of the Chairman and Committee should Assign over their Trust, etc.  And it was further Declared and Agreed, That the Chairman and Committee for the time being in Committee Assembled, should and might at any time or times request or desire all or any of the said trusties, or other trusties for the time being, to Assign or Release his or their Trusts, such trusties being sufficiently saved Harmless and Indemnified of, from and against all lawful Acts and things by them done in the Defence or Execution of the said Trusts, and that thereupon such Trustee or trusties should, might, and would Assign or Release his and their Trusts to such Person or Persons as the Chairman and Committee for the time being in Committee assembled should appoint, as by the same Relation being thereunto had, amongst other things, may more fully and at large appear.  

The Partners Names, and what Shares belong to every Partner, as by the Transfer-Book appears.  And whereas the said Mines are at the time of the Sealing and Executing of these Presents divided into Four Thousand and Eight Shares as aforesaid, whereof the most Noble his Grace the Duke of Leeds hath and is Entitled to One hundred forty two Shares; the said Marquis of Carmarthen hath and is Entitled to One hundred forty two Shares; the said Pawlet, Earl of Bullingbrooke, hath and is Entitled to Twenty Shares; the said James Lord Viscount Landsburrough, hath and is Entitled to Fifteen Shares; the said William Lord Digby, hath and is Entitled to Ten Shares; the said Sir Humphrey Edwin, hath and is Entitled to Seventy-six Shares; the said Hatton Compton, hath and is Entitled to One and Thirty Shares.  
The said Dame Anne Cholmely, hath and is Entitled to Three Shares; the said Mary Cholmley, hath and is Entitled to Ten Shares; the said Bridget Peshall, hath and is Entitled to Fifty Shares: the said Jane Bickerstaffe, hath and is Entitled to Ten Shares; the said Anne Hill, hath and is Entitled to Ten Shares; the said Elizabeth Lloyd, Widow, hath and is Entitled to Ten Shares; the said Elizabeth Lloyd, Spinster, hath and is Entitled to Ten Shares; the said Lucy Wroights, hath and is Entitled to Thirty Shares.  
The said Sir John Pryse, hath and is Entitled to Ten Shares; the said Sir John Morden, hath and is Entitled to Thirty Shares; the said Sir Charles Bickerstaffe, hath and is Entitled to Thirty four Shares; the said Sir Christopher Wrenn, hath and is Entitled to Thirty Shares; the said Sir Paul Witchcott, hath and is Entitled to Twenty Shares; the said Sir Humphrey Mackworth, hath and is Entitled to Seventeen Hundred and Ten Shares.  
The said Edward Pryse hath and is Entitled to One Hundred Shares; the said William powel, hath and is Entitled to Forty-five Shares and an Half; the said Henry Farmer hath and is Entitled to Ten Shares; the said Edward Nicholas hath and is Entitled to Ten Shares; the said Philip Bickerstaffe hath and is Entitled to Eighty Shares and an Half; the said Arthur Moor hath and is Entitled to Twenty Shares; the said Henry Lloyd hath and is Entitled to Twenty five Shares; the said John Meyricke hath and is Entitled to One Hundred and Twenty Shares; the said James Blake hath and is Entitled to Twenty Shares; the said William Freeman hath and is Entitled to Thirty Shares; the said Samuel Trotman hath and is Entitled to Ten Shares; the said William Nicholas hath and is Entitled to Twenty Shares; the said Joseph Short hath and is Entitled to Twenty Shares; the said Richard Stephens hath and is Entitled to Twenty Shares.  
The said George London hath and is Entitled to Thirty Shares; the said Henry Simons hath and is Entitled to Twenty Shares; the said Henry Grove hath and is Entitled to Five Shares; the said John Woodhouse hath and is Entitled to Twelve Shares; the said John Oldbury hath and is Entitled to One hundred and fifty Shares; the said Thomas Phipps hath and is Entitled to Eighty-two Shares; the said Paul Dominique hath and is Entitled to Thirty Shares; the said Whitfeild Hayter hath and is Entitled to Two Hundred and Fifty Shares; the said Anthony Forty hath and is Entitled to Twenty Shares; the said William Wolley hath and is Entitled to Sixty Shares; the said Thomas Phipps, Junior, hath and is Entitled to Twenty Shares; the said Richard Chancey hath and is Entitled to Twenty Shares; the said Richard Curtis hath and is Entitled to Twenty Shares; the said Thomas Frederick hath and is Entitled to Forty Shares; the said Gabriel Glover hath and is Entitled to Sixty Shares; the said John Glover hath and is Entitled to Fifteen Shares; the said Thomas Jeve hath and is Entitled to Twenty Shares; the said John Thrale hath and is Entitled to Thirty Shares; the said Nathaniel Troughton hath and is Entitled to Sixty Shares; the said John Newland hath and is Entitled to Ten Shares; the said John Preston hath and is Entitled to Ten Shares; the said Edward Grace hath and is Entitled to Ten Shares; the said John Hayward hath and is Entitled to Three Shares; the said James Hallett hath and is Entitled to Sixty Shares; the said Thomas Houghton hath and is Entitled to Two Shares; the said Benjamin Rawlins hath and is Entitled to Twenty Shares; the said William Stubbs hath and is Entitled to Ten Shares; and the said Christopher Smith hath and is Entitled to Five Shares, as by the said Transfer-Book, relation being thereunto had, may more fully and at large appear.  

The Causes that obstructed the working of the Mines.  And whereas the said Mines have hitherto been unprofitable to the Owners, for want of a Stock, and of a good Constitution for the Management thereof; and by reason of unhappy Differences and Law-Suits amongst the Partners, and Five Years of the said Term granted by the said Sir Carbery Pryse is expired, and considerable Sums of Money are owing to several Officers, Agents and Stewards, Miners and Labourers, and to several other Person and Persons, and are chargeable upon the said Mines; All which hath hitherto discouraged the Partners from raising of a Stock. And forasmuch as the said Partners do now labour under great Difficulties and Disadvantages in these and other respects.  

For removing of all which Obstructions, and for raising a Stock of 20000 l  And whereas the said Sir Humphrey Mackworth taking the Premises into Serious Consideration; and to the end that the said Mineral Works may be set on work, and carried on to the best Advantage, hath acquainted the said Partners, that within six Days after the Execution of these Presents (whereby it is intended the said trusties and Partners shall Assign and Transfer the said Mines and Premises unto the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon, and Thomas Pit, for and during the residue of the said Term of Two and twenty Years and an Half yet to come and unexpired) (under the Trust and Management herein after mentioned and expressed.) He, 
Sir Humphrey Mackworth undertakes within six days after the Execution of these Presents, to propose an Expedient.  the said Sir Humphrey Mackworth will propose and open to the said present Partners an Expedient for clearing all the Debts wherewith the said Mines now stand charged, and for raising the Sum of Twenty thousand Pounds for a Stock for carrying on the Working of the said Mines, without any Premium or Repayment of either Principal or Interest, and for paying or securing to such of the said Partners as shall be unwilling again to become Advenuturers with the said Sir Humphrey Mackworth, under such Proposals as he shall make, the Sum of Twenty Pounds for every Share they now respectively have in the said Mines.  

The Advantages thereof.  And for as much as it is intended that the said Partners and their Assignees, who shall become Adventurers with the said Sir Humphrey Mackworth, under such Proposal as he shall make, shall be thereby delivered from an Arbitrary Management of the said Mines, and have the Benefit of an equal and fair Constitution; And also have Five Years added to their Term, which is computed by the present Steward of the said Mines to be worth, in Reversion, after the Expiration of the said Term in being, several Hundred thousand Pounds.  
And whereas it is thereby intended, That a Stock of Twenty Thousand Pounds, clear of all Debts paid and discharged, shall be raised, whereby the Interest of the said Mines and Premises will be advanced to Five times the Value they were before.  

The Consideration.  And forasmuch as the said Sir Humphrey Mackworth doth not require or insist upon any other Consideration for the Premises, but only liberty of distributing a moderate Share thereof to Charitable Uses, whereof One Moiety will issue out of his own and Friends Interest and Shares, as an Humble Acknowledgement to Almighty God for the Great and Wonderful Deliverance of him and his Friends at Sea: All which is held reasonable by all the said Partners.  

The Intent of these Presents.  To the end therefore that the said Proposal may be put in Execution, all Differences between the said Partners be composed, all Debts and Salaries paid and discharged, a Stock of Twenty Thousand Pound raised, and the said Sir Humphrey Mackworth enabled to establish and settle the several Charities herein and in the said intended Proposal to be mentioned and set forth.  

Now this Indenture witnesseth, etc.  Now this Inventure witnesseth, That the said Thomas Done, Richard Hore, Robert Fowls, and Nicholas Baker, (who are the surviving trusties in the said last recited Indenture mentioned) by the Directions, and by and with the Consent of all the said Parties , and of the Chairman and Committee for the management of the said Mines as aforesaid, Testified by their being Parties to these Presents. And they the said Partners, and every of them (as far as in him and them lies) and for and in Consideration of the Sum of Five Shillings to them and every of them in Hand paid, the Receipt whereof they and every of them do hereby acknowledge, 
The Old trusties and Partners assign, over to the New trusties.  have Given, Granted, Assigned, Transferred, and Set over, and by these Presents do Give, Grant, Assign, Transfer, and Set over unto the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon, and Thomas Pit, All and Singular the said Mines, Oars, Minerals, and Premises, and all the Liberties, Authorities, and Privileges, and all other things thereunto belonging; And also all Houses and Buildings, Tenements, Hereditaments, Engines, Iron Chests, Materials and Utensils whatsoever, belonging to, used or employed in or about the said Mines and Undertaking, and all other the Premises aforesaid, and all and every of their Estate, Right, Title and Interest, Property, Claim, and Demand whatsoever, both at Law and in Equity, of, into, or out of the same hereby above Granted, Bargained, Transferred, or Assigned Premises with the Appurtenances, or meant, mentioned, or intended to be hereby Granted, Bargained, Transferred, and Assigned as aforesaid, To have and to hold all and singular the said Mines, Oars, Minerals and Premises, with the Appurtenances unto the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon, and Thomas Pitt, their Executors, Administrators and Assigns, for and during all the rest and residue of the said Term of Twenty Two Years and an half yet to come and unexpired, under the Trusts, Conditions and Limitations, and to the several Uses, Intents, and Purposes herein after mentioned and set forth.  

Edw. Pryse Grants a farther Term of Five Years to the new trusties.  And the said Edward Pryse, for, and in Consideration of the Sum of Five Shillings to him in Hand paid, the Receipt whereof he doth hereby acknowledge, and for divers other good Causes and valuable Considerations him thereunto moving; and by and with the Directions and Consent of the said Sir Humphrey Mackworth, testified by his being a party to these Presents, hath Given, Granted, Assigned, Transferred and Set over, and by these Presents doth Give, Grant, Assign, Transfer and Set over unto the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon and Thomas Pitt, their Executors, Administrators and Assigns, All, and singular the said Mines, Oars, Minerals and Premises hereby Granted, Transferred, and Assigned, or Meant, Mentioned, or Intended to be hereby Granted, Transferred, and Assigned, with the Appurtenances, unto the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon, and Thomas Pitt, their Executors, Administrators and Assigns, for and during the further Term of Five Years, to Commence immediately from and after the End or other Determination of the said Term of Twenty Two Years and an half above mentioned, and fully to be complete and ended, under the several and respective Trusts and Confidences, and under the several Conditions and Limitations, and to the several Uses, Intents and Purposes herein after set forth.  
And it is hereby Declared and Agreed by and between all the said Parties to these Presents, That in case the said Proposal, to be made by the said Sir Humphrey Mackworth, shall be accepted by the Partners or any of them, and they or any of them shall become Adventurers with the said Sir Humphrey Mackworth, in such Proposal to be made, and the same shall take Effect.  

The Beginning of the New Constitution for the Management of the Mines.  That then for the more certain Regulation, and for the quiet and better Management and Government of the said Mines, Stock and Premises, and of all other Matters and Things relating to the same, and to the Intent that no Difference may hereafter arise amongst the Persons who shall be interested in the said Mines, Stock and Premises, the same from time to time shall be Managed, Ordered and Governed during the said Term of Twenty Two Years and an half, and the said further Term of Five Years, by the Proprietors thereof and their Assigns (who shall be Entitled to the Premises ) in such General Meetings, 
By General Meetings, Grand Committees, and Private Committees.  or Courts, Particular Meetings, or Grand Committees, Private Meetings, or Select Committees, and under such Conditions and Restrictions, and in such Manner and Form as is herein after set forth and declared (that is to say) And first it is Declared and Agreed by and between all the said Parties to these Presents, That the most Noble his Grace the Duke of Leeds shall and may, and is hereby humbly desired, to Preside and be Governor and Chairman of the said Company, 
His Grace the Duke of Leeds Governor of the Company.  of and in all the said General Meetings, Grand Committees, and Select Committees herein mentioned, for and during the said several Terms of Years above mentioned, in Case his Grace the said Duke of Leeds shall happen so long to live; And from and after his Decease, 
Sir Humphrey Mackworth Deputy to his Grace.  That then the said Sir Humphrey Mackworth shall and may Preside and be Chairman of and in the said several Meetings, during the said Terms of Years , in Case he shall happen so long to live. And also that the said Sir Humphrey Mackworth shall and may in the mean time, and in the Absence of his Grace the said Duke of Leeds, be Deputy Chairman of and in the said several Meetings and Committees aforesaid, 
Every Person who hath Three Shares hath One Vote in a General Meeting.  for and during the Natural Life of his Grace the said Duke of Leeds  
And farther, That such Persons who shall be Proprietors of, or Entitled to Three Shares or more of the said Stock, Mines and Premises, or the Profits or Proceeds thereof, as aforesaid, shall and may, at such Time and Place as the said Chairman for the Time being shall appoint, within the Space of Twenty Days next after the said Proposal shall be made, accomplished and take Effect, 
Either by himself or by his Deputy or Proxy. but No Person is to have more than One Vote, tho' he hath ever so many Shares.  and at such other Time and Times, Place and Places, as is herein after mentioned and directed (either by themselves or their Deputy or Proxy thereunto sufficiently Authorized under their Respective Hands and Seals) generally Assemble and meet together by Ten of the Clock in the Morning, and then and there, by Plurality of Votes [that is to say] every Person who shall have Three Shares shall have One Vote; and no Person whatsoever shall have above one Vote, tho' he shall have ever so many Shares; except the Chairman for the time being, 
Except the Chairman by his casting Vote.  or his Deputy as aforesaid, who shall have a casting Vote, if occasion be, over and above his own single Vote as aforesaid.  

In the Absence of his Grace and Sir H. Mackworth, the Chairman is to be Elected;  They the said Proprietors shall and may in the Absence of the said most Noble his Grace the Duke of Leeds, and the said Sir Humphrey Mackworth, Elect and Constitute one of the said Proprietors, having Twenty or more Shares in his own Right; to be Chairman of the said General Meeting for the Time being.  

a And one Person to be Book-keeper and Cashkeeper.  And afterwards shall and may Elect and Constitute one Person to be Book-Keeper and Cashkeeper, and one other Skilful Person to be 
b And one other to be Manager and Director of the Mines;  Manager and Director of the said Mines and Mineral Works in the said County of Cardigan; And also one other Person to be 
c And one other to be Paymaster to the Miners.  Stock-Keeper and Paymaster to the Miners and Labourers to be employed in and about the said Mines, and shall allow every such 
d And are to Ascertain their Salaries;  Officer and Agent such Salary and Salaries respectively, as they or the major part of them shall think fit.  

e And to Elect 12 Persons besides the Chairman to be a select Committee.  And also shall and may Elect and Constitute Twelve Persons besides the said Chairman, whereof each of them shall have Twenty or more Shares in the said Mines and Premises in their own Right, to be a select Committee for the better Management of the said Mines, with such Powers and Authorities as is herein after set forth, for and during the space of one whole Year than next ensuing, and until another Committee shall be chosen in their stead, in Manner and Form as is herein after directed and expressed.  

f The Power of a General Meeting to alter Fundamentals, etc.  And it shall and may be lawful too and for the said Proprietors, who shall be present at such General Meeting, or such of them as shall have the Majority of Votes as aforesaid, from time to time, and at all times hereafter, during the said several and respective Terms, to Settle and Establish any Rule, Order, or Method whatsoever amongst the said Proprietors, for the better Government and Management of the said Mines, Stock, and Premises as they shall think fit, provided the same be not Repugnant to, or Inconsistent with the Laws of this Realm, nor any wise prejudicial to the Right, Title, or Interest of any other Proprietors of the said Mines and Premises, contrary to the true intent and meaning of these Presents.  

The manner of Summoning a General Meeting. See p. 9  And it is hereby declared, That from and after the said first General Meeting as aforesaid, every such General Meeting shall be had and assembled by such Persons, and on such due Notice and Summons as is herein after set forth, and not otherwise.  

One thousand Shares required to a General Meeting.  Provided always, That no such General Meetings shall or may be held, unless there be then present so many distinct Proprietors who shall have One Thousand Shares of and in the said Mines and Premises, but any other lesser Number may upon such Summons meet and adjourn from Day to Day, and otherwise as they shall see occasion, till a full number of Proprietors shall assemble and meet together as aforesaid.  

The Particular Meeting, or Grand Committee; Wherein every Proprietor who hath 10 Shares hath one Vote; And shall meet on every second Wednesday in June without Summons, by themselves or Proxies. And in Person is to have more than one Vote.  And it is hereby further Declared and Agreed, That every such Person or Persons, who shall have or be Entitled to have as aforesaid Ten or more Shares of and in the said Stock, Mines, and Premises, shall or may without any Notice or Summons once in every Year during the said Term, on every second Wednesday in June, at Guildhall within the City of London, if no other Place be appointed within the said City, as herein after set forth, or else at such other Time and Place within the said City of London as shall be so appointed, either in Person, or in their Absence by their several and respective Deputy or Deputies, or Proxy thereunto sufficiently Authorized under their respective Hands and Seals, particularly assemble and meet together by Ten of the Clock in the Morning, in all which particular Meetings or Grand Committees so to be held as aforesaid, every Proprietor, for Ten Shares he shall then have in the Premises, shall have one Vote, and no one Person shall have above one Vote in any such particular Meeting, although he shall have ever so many Shares in the Premises.  
And the said Proprietors who shall be present at any such Grand Committee, or such of them as shall have the Majority of Votes as aforesaid, 
In the Absence of his Grace the Duke of Leeds and Sir H. Mackworth, the Chairman is to be Elected.  shall and may in the Absence of the said most Noble his Grace the Duke of Leeds, and of the said Sir Humphrey Mackworth as aforesaid, Elect and Constitute one Person who shall have Twenty or more Shares in his own Right, to be Chairman of the said Grand Committee for the time being, who shall have a casting Vote over and above his own Vote or Votes as aforesaid, in case of an equality of Votes.  

A New select Committee to be Elected every Year, who are to have 20 Shares in their own Right.  And further, the said Proprietors last above mentioned shall and may Elect and Constitute a new elect Committee, consisting of Twelve of the said Proprietors, besides the said Chairman or his Deputy, each of them having Twenty Shares in the Premises in their own Right, and not as Deputy or Proxy to any other Person or Persons, and with such Powers and Authorities as is herein mentioned and declared to continue for a Year, and until another Committee shall be chosen in their stead, and shall and may from time to time and at all times hereafter as there shall be occasion, displace, 
Power of Grand Committee over the private Committee, and over all the Officers. And to make a Dividend of the Profits. But not to lessen the Principal Stock.  alter and change all or any of the said Officers aforesaid, and any one or more of the said select Committee, and place others in their place and stead, and also increase or lessen the Salaries of all or any such Officer or Officers respectively, and all Dividends of the Profits, Product, Increase and Gain, which shall be had, made, arising and growing out of the said Mines, Stock and Premises, shall be from time to time made, ordered, and declared by them, and the major part of them, in manner aforesaid.  
Provided always, That no Dividend shall be made but of such Sum or Sums of Money and Profits of the Premises, as shall be gained over and above the principal Stock, which shall be kept in an Iron Chest, or else in the Royal Bank of England, at the Election of the said Grand Committee, or the major part of them as aforesaid, and from thence issued out for the effectual carrying on of the said Works as is herein after directed.  

The manner of Summoning a General Meeting.  And all and every General Meeting shall be Summoned and held by Order of the said Grand Committee in manner following (that is to say) by hanging up a public Notice thereof in Writing, on the first Pillar on the Right Hand, near the South-Gate or Entrance into the Royal Exchange, London, and at the usual Place of Meeting, a Month before the time appointed, which shall be accepted and taken as a good Summons of a General Meeting, and of which all the said Proprietors shall be obliged to take notice to all intents and purposes whatsoever.  

500 Shares required to a Grand Committee.  Provided always, That no particular Meeting or Grand Committee shall or may be held, unless it be in order to an Adjournment, nor any Order made of any effect, unless there shall be so many Proprietors then present, as by the Constitution aforesaid shall have Five Hundred or more Shares of and in the said Mines and Premises.  

No Order herein to be Repealed but by a General Meeting  Provided always, That no Rule, Order, or Method established by these Presents, or by the said General Meeting, for the management of the said Mines, Stock, and Premises, or any part thereof, shall or may be Set aside, Vacated, or Repealed by the said particular Meeting or Grand Committee, but only by the said General Meeting.  

No Person to have any Vote, unless he hath 3 Shares in a General, and 10 Shares in a Particular Meeting, and make Affidavit thereof, if required.  Provided always, That no Person shall have a Vote in any of the said General or Particular Meetings, unless he shall first solemnly declare before all the said Proprietors then present [if required by the said Chairman or his Deputy, or any six of the said Proprietors] that he than hath such Shares as aforesaid (that is to say) Three Shares in a General Meeting, and Ten Shares in a Particular Meeting in his own Right, or else as Deputy and Proxy for one of the said Proprietors then absent, [And shall, if required by Six of the said Proprietors, make a voluntary Affidavit thereof before a Master in Chancery.]  
And it is hereby further declared, That the said Select Committee so from time to time by Majority of Votes as is herein mentioned, 
The Private or Select Committee.  Elected and Constituted as aforesaid, shall and may from time to time, and at all times hereafter, in the absence of the said most Noble his Grace the Duke of Leeds, and the said Sir Humphrey Mackworth as aforesaid, Elect and Constitute one of the said Committee to be their Chairman for the time being, and shall and may privately meet once in every Week or oftener (as occasion shall be) and at such place as shall be from time to time appointed by the Majority of the said select Committee; 
May meet every Week, or oftener, if occasion.  And at every such private Meeting the said Chairman and his Deshall have a Casting Vote over and above his single Vote as one of the said Committee in case the Votes of the said Committee shall be equally divided, but that no Person of the said Committee, 
No Person to have more than one Vote.  [except the said Chairman by his Casting Vote as aforesaid, shall have any more Votes than one Vote, on any Pretence or Account whatsoever, 
No Deputy or Proxy to be of the said Committee, or any who hath less than Twenty Shares.  nor any Person shall be capable of being Elected one of the said Select Committee who shall be Trustee, Deputy, or Proxy as aforesaid, and shall not then have Twenty Shares of the said Mines and Premises in his own Right, and make a voluntary Affidavit thereof before a Master in Chancery (if required) by the Chairman or any Six of the said Partners: And in case any Person or Persons of the said private Committee shall Sell and Transfer his or their Shares in the said Mines and Premises to any other Person or Persons, that then and from thenceforth every such Person and Persons so Transferring their Shares as aforesaid, shall cease to be of the said Select Committee, and shall have no Vote in the Management of the said Stock, Mines and Premises, and that another shall or may be Chosen in his or their Rooms or Places in Manner and Form as aforesaid.  

The Power of the Private or Select Committee, or any 5 of them, besides the Chairman.  And it is hereby declared, That the said Select Committee, or any Five of them then present, together with the Chairman for the time being or his said Deputy as aforesaid, shall and may by Majority of Votes as aforesaid, Transact and do all Matters and Things relating to the said Mines, Stock and Premises, which they or the major part of them then present shall judge to be for the general Good, and best Advantage of the said Proprietors in general, and which is not otherwise directed by these Presents, and appointed to be done by the said General or Particular Meetings, 
All Bargains to be in Writing under their Hands, and not trusted to a bare Entry by the Book-keeper.  and shall or may by Order or Writing under their Hands, and not otherwise, make any Bargain, Contract, or Agreement for the Sale of or other Disposition of the said Over and Premises, or any part thereof, or for any other purpose whatsoever relating to the said Mines, and for the better carrying on the said Mines and Mineral Works, and all such Contracts and Agreements shall be valid, and firm, and binding to all the said Proprietors as aforesaid: 
The Committee to be Indemnified.  And the said Select Committee shall be, and are hereby declared and agreed to be from time to time, and at all times Protected, saved Harmless, and kept Indemnified of and from all Troubles, Costs, Charges and Damages which they or any of them shall or may happen to pay, bear or sustain for or by reason thereof, by and out of the said Stock and Premises, and the Gain, Product, and Interest thereof.  

All Bargains which are to continue above a Year, or are in value above 5000 l are to be signed by 7 of the Committee, and if in value above 10000, by the Grand Committee.  Provided always, That no such Bargain for the Sale or Working of the said Mines, Ore, and Premises which is to continue for more than One Year, or is of greater Value than Five Thousand Pounds, shall be good and valid, unless the same be made and signed in Writing under the Hands and Seals of Seven of the said Select Committee. And further, That in Case such Bargains shall be of greater Value than Ten Thousand Pounds, that then it shall not be Valid unless the same be confirmed at the next Particular Meeting by the Grand Committee aforesaid.  
And the said Select Committee shall have One Pound allowed at every Meeting, to those that so meet within half an Hour after the Time appointed for the public Good out of the said Common Stock. 
One Pound allowed to every private Committee.   
And in case there shall be occasion to make a Dividend [oftener than once in a Year, or any other Occasion happen] that the said Committee, or any Seven of them, may by Order under their Hands Summon a particular Meeting or Grand Committee to be held at such Time and Place as they shall appoint within the City of London, 
Seven of the private Committee may at any time Summon a Grand Committee.  by hanging up a public Notice thereof in Writing on the first Pillar on the Right Hand near the South-Gate or Entrance into the Royal-Exchange, London, and at the usual Place of Meeting, Ten Days before the Time appointed, which shall be deemed, accepted, and taken as a good Summons of a Grand Committee to all Intents and Purposes whatsoever.  

Book-keeper and Cashkeeper to give good Security for the Faithful Discharge of his Office.  And it is further declared and agreed, That the said Book-Keeper and Cashkeeper for the time being, shall give such Security to the said trusties, as shall be required or approved by the major Part of the said Select Committee, for the Faithful Discharge of his said Office, and to make and keep true Accounts and true Entries of all Orders made by the said several Meetings, and of all Letters, Accounts, Buy, Selling, Do, Contracts, Bargains, Agreements or Deal whatsoever, respecting, concerning, or in any wise relating to the said Mines, Stock and Premises in such Books for that purpose provided, and in such Manner, and Form, and Method as shall be from time to time Ordered and Directed by the Majority of the said Committee or Private Meeting as aforesaid; And in Default thereof shall and may be Suspended from the Execution of his said Office by the said Select Committee, or the major number of them present at a Private Meeting.  

And in Default of Payment of what shall be due to any one of the Proprietors, to forfeit his Office.  And to the intent that Right and Justice may be done to all Parties concerned, without Fraud, Deceit, or Delay, It is hereby further Provided, Declared, and Agreed by and between all the said Parties to these Presents, That in case the said Cashkeeper for the time being shall at any time or times hereafter refuse or neglect to pay, or cause to be paid unto all or any one of the Proprietors of the said Mines, or their Assigns for the time being, such Sum or Sums of Money as shall be in his Hands, and shall be due to any of them, and appointed to be paid as herein set forth, by the space of One Month after demand; That then (an Affidavit being made before a Master in Chancery, by Two credible Witnesses, of such Demand, and delivered to the said select Committee) the said Cash keeper shall be discharged by the said select Committee, of his said Office and Place and Salary thereto belonging, and deemed uncapable of holding the said Office or Place, or of being new Elected into the said Office, by any Way or Means whatsoever: And the said Select Committee, or any Seven of them, may appoint any other Person in his Place, to continue till the next particular Meeting.  

Any Person may Peruse the Books, but not Transcribe without an Order.  And all the said Partners, who shall be concerned and interested in the Premises, shall have free Access to Inspect the said Books, but not to Write or Transcribe any thing out of the same, without an Order of the said Select Committee.  
And it is hereby Agreed, That a Transfer Book or Books shall, at the Common Charge of the said Proprietors, be provided and kept by the said Book-keeper, wherein all such Person or Persons, 
A Transfer-Book Established.  who shall be from time to time Interested in the said Mines, Stock, and Premises, shall and may from time to time, and at all times hereafter, during the said Term, Transfer, Assign, and Set over their respective Shares and Interests which they respectively have or shall have therein, by Virtue of, or according to the true Intent and Meaning of these Presents, to any Person or Persons whatsoever.  
And such Person or Persons to whom such Share or Shares shall be so Transfered, Assigned, and Set over, shall accept of such Share or Shares upon the Conditions and Subject to the Covenants. Declarations and Agreements herein contained, and shall declare such his Acceptance accordingly in Writing, under his or their Hands, to be written in such Transfer-Book; and such Assignee or Assignees having accepted of such Share or Shares respectively, under the Conditions and Agreements aforesaid, may in like manner Assign and Transfer the same over to any other Person or Persons whatsoever, in the said Transfer-Book, and not otherwise; and so Toties Quoties, as often as the said Parties and their Assigns shall think fit, 
One Shilling to be paid for eve-very Transferr.  such Transferror and Transferree, paying for the same the Sum of One Shilling a Piece to the said Book-keeper, for every such Transferr or Assignment.  
And that on such Assignment, or Transferr and Acceptance as aforesaid, the Person and Persons to whom the same shall from time to time be so made as aforesaid, shall be thereby Entitled to so many Shares of the said Stock, Mines, and Premises, and Proceeds thereof respectively, during the said respective Terms, as shall be so to him and them Assigned and Transferred as aforesaid.  

No Person to have any Vote or Dividend before Transferr made, and an Acceptance thereupon in the said Transfer-Book.  But before such Transferr and Acceptance made and Entered as aforesaid, no Assignee or Assignees whatsoever, shall have any Vote, in all or any the said Meetings, or any Share or Shares, or Dividend of the Profits of the said Stock, Mines, and Premises, any Deed or other Assignment, or any thing herein to the contrary in any wise notwithstanding.  
And for the better and more effectual Managing and carrying on the said Mineral Works and Premises, and for securing the said Stock for the Use of the same, and also the Gains, Profits, and Proceeds thereof for the Uses herein mentioned, It is further Declared and Agreed by and between the said Parties to these Presents, that a convenient House, in the City of London, 
A House and Iron Chest is to be provided with 7 several Locks and Keys.  shall be Taken and Rent by the said Select Committee, or any Seven of them, at the Common Charge of the said Proprietors, wherein the said Select Committee shall and may from time to time Meet, and where the said Book-keeper and Cashkeeper shall Dwell and Inhabit, and that there shall be Provided, at the Common Charge as aforesaid, a Strong Iron Chest, with Seven several Locks and Keys, to keep the said Stock and Profits of the Premises, or so much thereof as they shall think fit, and as the same shall Accrue, Arise and be Received; and that all the said Stock, Increase, 
The Stock to be kept in the Iron Chest, or else in the Bank of England; and not in any Private Hand. The 7 Keys to be kept by 7 of the Committee, and the Chest never opened but in their Presence.  and Profits of the Premises shall be kept in the said Iron Chest, or else in the Bank of England, at the Election and Discretion of the said Grand Committee: And the said Iron Chest shall be and remain in the Custody of the said Cashkeeper, in a Room for that Purpose Appointed, and well secured with strong Iron Bars, Locks, and other Means, as the said Select Committee shall appoint. And the said Seven Keys shall be Entrusted in the Hands and Custody of such Seven Persons of the said Private Committee, as they, or the Majority of them shall from time to time Appoint. And the said Iron Chest shall never be Opened, but in the Presence of the said Select Committee, and then and in their Presence shall be Locked up again, and the said Keys secured by them, as aforesaid; but the Key of the said Room shall or may be kept by the said Cashkeeper, having given good Security for the faithful Discharge of his Trust, as aforesaid.  

In case any Seizure or Distress happen to be made on the Mines, for the Debt of any of the Partners.  And it is hereby further agreed by and between all the said Parties to these Presents, That in case any of the Proprietors of the said Mines and Premises, or their Executors or Assigns shall be Indebted to any Person or Persons, in any Sum or Sums of Money whatsoever, and shall neglect to pay the same, whereby an Execution shall be taken out, and a Distress or Seizure made upon all or any part part of the said Mines, Ore, Stock and Premises, that then and in such Case the said Select Committee for the time being, or the major part of them, 
The Committee have power to Sell or Assign such Partners Shares in discharge of the Debt.  shall and may sell and dispose of the Share or Shares of such Person or Persons of and in the said Mines, Stock and Premises, or so many of them as shall be sufficient to discharge and pay off the said Debt or Debts, at the best Price that can be had for the same. And if the said Share or Shares of such Proprietor or Proprietors as aforesaid, happen not to be sufficient for the Discharge of such Debt or Debts as aforesaid, that then the said Share or Shares shall be Assigned and Transferred by the said Select Committee for the time being, or the major part of them, in part of Payment of the said respective Debt or Debts, and in full Discharge of the said Distress, Seizure, and Execution. And every such Sale and Assignment from time to time made by the said Select Committee for the time being, or the major part of them, shall be good and valid, and shall be Confirmed by the said Creditor and Creditors respectively; Any thing in these Presents to the contrary in any wise notwithstanding.  

trusties to deduct their Charges.  And it is hereby Declared and Agreed by and between the said Parties to these Presents, and it shall and may be lawful to and for the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon, and Thomas Pitt, their Executors and Assigns, from time to time to deduct and defalk unto themselves out of the Premises all such Costs, Charges and Expenses as they or any of them, or their or any of their Agents or Servants shall expend, sustain, or be put unto, for, or by reason or in respect of the Execution and Performance of the said Trust or otherwise in any kind relating to the said Trust and Premises, 
And none to be accountable for more than he actually receives.  and that none of them shall be accountable for any more of the Profits of the Premises than shall come to their Hands severally and respectively; And that no one of them shall be chargeable or accountable for the Receipt of the other of them, any thing herein contained to the contrary notwithstanding.  

That the trusties may at any time Assign over their Trust.  And further, That in Case the said trusties, or any of them, or of their respective Assigns, shall desire and be intended to Relinquish and Resign the Trusts hereby reposed or meant, mentioned or intended to be reposed in them, and to be Released and Discharged of and from the same; And of such their desire and mind shall give or leave Notice or Warning in Writing unto or for the said Committee for the time being, at their then usual Time and Place of Meeting, for Managing of the said Mines, Stock and Premises, and shall within the time and space of Thirty Days next ensuing such Notice or Warning, Assign over or Release the same unto such Person or Persons as they the said Committee, or the major part of them shall Choose, Nominate and Appoint in that behalf; And in default of such Choice, Nomination and Appointment unto the rest of the trusties for the time being, or to such other Person or Persons as they the said Trustee or trusties, so Relinquishing or Resigning, shall in that behalf respectively think fit, That then, and in such Case, and at all times after such Assignment shall be so made, such of the said trusties as shall so Relinquish and Resign his Trust, shall be Acquitted and Discharged of and from the same, and all Actions, Suits, Costs, 
And upon such Assignment shall be Discharged and Indemnified, etc.  Damages, Troubles and Expenses whatsoever for any future Thing or Things to be acted or done about, respecting or concerning the said Mines, Stock and Premises, or any thing thereto belonging or appertaining: And also shall at all times after such Resignation or Assignment as aforesaid, be Protected, saved Harmless, and kept Indemnified by the succeeding trusties, and by the said Proprietors and their Assigns for the time being, by and out of the said Mines, Stock and Premises, and the Gain and Increase thereof, and of and from all Actions, Suits, Costs, Troubles, Damages and Expenses whatsoever, which shall or may be had against him or them the said Trustee or trusties so Resigning, Relinquishing or Assigning, or which he or they shall or may be put unto or sustain, for or by reason or means of any Act or Thing by him or them done, committed or suffered before such Resignation, Relinquishment or Assignment, by reason of the Trusts hereby reposed or meant, mentioned or intended to be reposed in him or them respectively, in or about the Defence, Management or Execution thereof, or of any of them as aforesaid.  
And it is hereby further Agreed, That the said Select Committee for the time being, or the major part of them in Committee assembled, shall or may at any time or times hereafter, by Virtue of an Order of the said particular Meeting, and not otherwise, request and desire all or any of the said trusties for the time being, to Assign or Release his and their Trusts, such Trustee and trusties being sufficiently saved Harmless and Indemnified of, and from, and against all lawful Acts and Things by them done in the Defence or Execution of the said Trusts, and Reimbursed all their Charges and Expenses as aforesaid, and that thereupon such Trustee or trusties shall, may, and will Assign and Release his and their Trust to such Person and Persons as the said Select Committee for the time being shall appoint.  

That the Mines are granted to the New trusties upon Trust.  Provided always, And it is hereby Covenanted, Declared and Agreed by and between all the said Parties to these Presents, That all and every the said Mines and Premises, with the Appurtenances above hereby Granted, Bargained or Assigned, or meant, mentioned or intended to be hereby Granted, Bargained or Assigned, are hereby declared to be Granted, Bargained and Assigned to the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon, and Thomas Pit, their Executors, Administrators and Assigns upon the several Trusts and Confidences, and to the several Uses, Intents and Purposes, and under the several Conditions and Limitations herein after mentioned and set forth; [that is to say,]  

The Declaration thereof.  That if the said Sir Humphrey Mackworth shall at any time within the space of Twenty Days next ensuing the date hereof, or within the space of Six Days next after the Sealing and Delivery of these Presents by the Parties above mentioned, and every of them, propose and open to the said Partners or such of them as shall appear at a General Meeting, an Expedient for clearing and satisfying all the Debts wherewith the said Mines now stand charged, and for Raising the said Twenty Thousand Pounds for a Stock for carrying on the Works of the said Mines, without any Premium or Repayment of either Principal or Interest, to the Intent that the said Partners may become Adventurers with him in such new Method as shall be so proposed for the Purposes aforesaid, in proportion to their several Interests and Shares they now have in the said Mines, or so many of them as shall think fit to become Adventurers with the said Sir Humphrey Mackworth; And shall at any time before the First Day of August next ensuing the Date of these Presents, pay or cause to be paid to such of the said Partners, who shall within the space of Six Days next after the said Proposal shall be made and opened by the said Sir Humphrey Mackworth to the said Partners as aforesaid, declare that they will not engage with the said Sir Humphrey Mackworth according to such Proposal, but will under their Hands and Seals Release and Relinquish their Shares and Interests in the said Mines, 
The Partners have 10 days after the Proposal made to Elect whether they will take 10 l in Money, and 10 l per Share on the Credit of the Mines; or else become Adventurers again under a New constitution.  Ten Pounds for every Share of such Person who shall so Relinquish their Shares and Interest therein within the time aforesaid. [The Intent of these Presents being, That it shall be at the Election of the said Partners and every of them, either to become Adventurer or Adventurers with the said Sir Humphrey Mackworth according to the intended Proposal, or to Relinquish their Shares in the said Mines for Ten Pounds per Share within the time aforesaid, and Ten Pounds per Share to be secured as hereafter is mentioned, which Election every of the said Partners shall make within the space of Ten Days next after such proposal so as aforesaid shall be made,] that then and in such Case the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernen, and Thomas Pitt, their Executors, Administrators and Assigns, shall and will stand Possessed and Entrusted with the said Mines.  
In trust out of the clear Profits that shall be made by and from the said Mines, to pay to every such of the said Partners, who shall in Manner aforesaid, relinquish their Shares in the said Mines, the further Sum of Ten Pounds for every Share so to be Relinquished, and so Charged, shall and will permit and suffer the said Sir Humphrey Mackworth, and such other Person or Persons, his and their Assignee and Assignees, to be made in Manner as herein is directed, and in such Proportion, Manner and Form, as the said Sir Humphrey Mackworth under his Hand and Seal shall direct and appoint from time to time, and at all times hereafter, during the said several and respective Terms of Years , and according to and in such manner as shall be contained in such Proposal as shall be made by the said Sir Humphrey Mackworth, pursuant to the Agreements herein contained, to manage the said Mines and Premises, and to enjoy the Profits thereof [and to dispose of the Oar now raised out of the said Mines] to his and their own proper Use and Uses, and to such other Use and Uses as the said Sir Humphrey Mackworth shall under his Hand and Seal limit and appoint according to the Constitution above set forth, and to the true Intent and Meaning of these Presents, and such Proposition as shall be so made by the said Sir Humphrey Mackworth as aforesaid.  

The Condition.  But in Case the said Sir Humphrey Mackworth shall be obstructed by the said Partners or any of them, or any other Person or Persons whatsoever, and thereby, or in default of making such Proposition as aforesaid, or by any other ways and means whatsoever he shall make default of payment of Ten Pounds within the time aforesaid, to such of the said Partners who shall within the space of ten days next after the said Proposal, shall be made by the said Sir Humphrey Mackworth, to the said Partners as aforesaid, declare, That they will not engage with the said Sir Humphrey Mackworth according to such Proposal, but will under their Hands and Seals, Release and Relinquish their Shares and Interests in the said Mines, for every share of such Persons who shall so relinquish their Shares and Interests therein, within the time aforesaid, according to the true intent and meaning of these Presents, and of all the Parties thereunto.  
That then these Presents, and every Covenant, Grant and Clause herein contained shall cease, determine, and be utterly void, to all intents and purposes whatsoever, as if the same had never been had or made, any thing in these Presents to the contrary thereof contained in any wise notwithstanding. And that then, and from thenceforth, it shall and may be lawful, to and for the said trusties and Partners, and to and for the said Edward Pryse and his Assigns, and every of them, respectively into all and singular the said Mines, Oars, Minerals and Premises, by them respectively granted as aforesaid, to Re-enter, and the same to have again, as in his and their several and respective former Estate and Estates, and to the use of the several and respective Parties, according to their several and respective Interests and Shares , and according to the old Constitution and Method of Management of the said Mines, in the said recited Deeds mentioned and contained, and not otherwise, any thing in these Presents to the contrary thereof contained in any wise notwithstanding.  

George London's Security to be assigned to Sir H. M.  And it is hereby further agreed, That upon Payment made to the said George London, of all such Money as shall appear to be justly owing to him from the said Partners, by reason of, and on account of the said Mines, he the said George London shall Assign and Transfer all his Securities for the same to the said Sir Humphrey Mackworth.  

A Release to be given to Mr. Phips and Mr. Oldbury.  And further, That in Case the said Thomas Phipps and John Oldbury, shall and will Seal and Execute this present Indenture within the time aforesaid; and in Case they or either of them shall pay or cause to be paid to the said Sir Humphrey Mackworth, within the space of Twenty days next ensuing the date of these Presents, towards the discharge of the Debts aforesaid, all such Sum and Sums of Money as is, or shall be justly owing from them or either of them the said John Oldbury and Thomas Phipps to the said Partners or any of them, for or by reason of any Trust, Matter or Thing whatsoever, relating to the said Mines, Stock and Premises, or any of them, which is hereby referred to the said Sir Humphrey Mackworth; And in Case the said Proposal above mentioned shall take effect, Then the said Partners, or so many of them, as the said John Oldbury and Thomas Phipps, or either of them shall request so to do, shall Release the said John Oldbury and Thomas Phipps, their Executors, Administrators and Assigns, off and from all Debts, Duties and Demands whatsoever, for or by reason, or on Account of the said Mines, or any Trust, or other Matter or Thing relating thereto.  

The Limits and Boundaries of the Mines declared and established.  And it is hereby further Declared and Agreed, by and between all the said Parties to these Presents, and every of them, that nothing herein contained shall be Construed to extend or enlarge the Limits and Boundaries of the said Mines, which are Twelve hundred Yards in length, from the first great Shaft where the work was first begun in Bwlchyr Esgairbyr towards the East, and Two hundred Yards in Breadth, and no more, as in the said first recited Indenture is set forth; And that the said Boundaries shall be, and are hereby settled and established, according to the present Limits and Boundaries of the said Mines, well known, and meard, and set out by the said George London, Tobias Creamer late of Eyme in the County of Derby, Esq deceased, and William Waller of Kavongwyn in the said County of Cardigan, Gent. or some of them. And as to all Mines and Minerals, of what Nature or Kind soever, lying and being, and already discovered, or which shall hereafter happen to be discovered in or under any other Lands or Tenements within the said Lordship of Generglyn in the Parish of Lanvyhangell Generglyn in the said County of Cardigan, out of the Meres and Boundaries aforesaid, It is hereby agreed, by and between all the said Parties to these Presents, That the said Edward Pryse, and Sir Humphrey Mackworth, his and their Assigns respectively, shall and may peaceably and quietly have, hold, and enjoy the same, according to their several and respective Interests therein, without the Let, Suit, or Interruption of all, or any the said Parties to these Presents, or any other Person or Persons Claiming by, from, or under them, or any of them.  
Provided always, And the said Edward Pryse doth hereby Covenant, Grant, and Agree, to and with the said Sir Joseph Herne, Sir William Hedges, 
With a Liberty of making Levels, etc. to drain the Water from the same.  Sir Thomas Vernon, and Thomas Pitt, their Executors, Administrators and Assigns. And it is the true intent and meaning of all the said Parties to these Presents, That it shall and may be lawful, to and for the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon, and Thomas Pitt, their Executors, Administrators and Assigns, and to and for the said Proprietors of the said Mines, and their Assigns, for the time being as aforesaid, and every of them, his and their Agents, Miners and Workmen, from time to time, and at all times hereafter, to make and drive any Level, adit, or Seek to the said Mines in Partnership, or any of them, in order to drain the Water from the same, through any other the Lands and Tenements of the said Edward Pryse, in the said County of Cardigan, but not to have Claim or Demand any Mine, Oar, or Mineral whatsoever, in any Lands or Tenements within the said Lordship of Generglyn, out of the said Limits and Boundaries aforesaid.  
Provided always, That all and every the said Partner and Partners, who shall refuse or neglect to Sign, Seal, and Execute this present Indenture, 
Proviso and Agreement to make all void to those Partners who do not Seal before the last of this Month.  before the last day of this Instant August, or such other time as he the said Sir Humphrey Mackworth shall under his Hand and Seal limit and appoint, or shall refuse or neglect to make his and their Election within the time aforesaid; or such other time as the said Sir Humphrey Mackworth shall under his Hand and Seal limit and appoint, either to become Adventurer or Adventurers with the said Sir Humphrey Mackworth, accordding to the said intended Proposal; or to relinquish their shares in the said Mines for Twenty Pounds per Share, to be paid and secured as aforesaid, shall be, and are hereby excluded from all, and all manner of Benefit and Advantages hereby granted to the said Partners or any of them as aforesaid. And as to such Partner or Partners so refusing, or neglecting to Seal and Execute these Presents, and make their Election within the time aforesaid, these Presents, and every Grant and Clause herein shall be void and of no effect to all intents and purposes whatsoever. And all and singular the Agreements in the said recited Deeds and Settlements, and in all former Settlements relating to the said Mines contained, shall be in full force and virtue against them and every of them, as if these Presents had never been had nor made.  

And to Assess them 40 s. per Share towards a Stock.  And that all and every such Partner and Partners so refusing to execute these Presents, and make their Election within the time aforesaid, shall be, and is hereby Rated, Charged, and Assessed, towards the raising of a Stock to carry on the said Mineral Works Forty Shillings, for every share to them severally and respectively belonging, as aforesaid, to be paid to the said Committee of the said Mines, for the time being, for the use aforesaid, at the House of Francis Pigott, Gentleman, in Durham-Court, in Great Trinity-Lane, London, on the 29th day of September, next ensuing the Date of these Presents, according to the Power for that purpose reserved in and by the said Second recited Settlement, in manner aforesaid.  

And in default of payment, to foreclose them from their Shares.  And in default of Payment thereof, by them or any of them, at the time and place aforesaid, It is hereby declared and agreed, by and between all the said Parties to these Presents, That all lawful Ways and Means, both in Law and Equity, as the said Sir Humphrey Mackworth shall from time to time, by and with the advice of Council learned in the Law, direct and appoint, shall and may be used, prosecuted, and taken at the common Charge of the said Partners, who shall Seal and Execute these Presents within the time aforesaid, to Foreclose all such Partner and Partners so Assessed and Rated, and neglecting to pay the same at the time and place aforesaid, from having any Benefit or Advantage from the said Mines and Premises, or any of them, according to the true intent and meaning of the said last recited Settlement and Establishment of the said Mines.  

Agreement, that the same Assessment shall be made for three years.  And it is hereby further Covenanted and Agreed, by and between all the said Parties to these Presents, That the same Assessment shall be made every Year, during the said Term, until such time as the said Partner or Partners so dissenting as aforesaid, shall have raised his and their Share and Shares, and Proportions of the said Sum of Twenty thousand Pounds for a Stock as aforesaid, according to their several and respective Interests and Shares of and in the said Mines.  

One Fortieth Part of the Profits of the Mines is appropriated to the building of a Hospital for the Miners.  Provided always, and it is hereby farther Agreed by and between all the said Parties to these Presents, That one Fortieth Part of the Profits of the said Mines and Premises, Clear above all Charges, shall be applied, and are hereby appropriated for the Building of a Hospital, or Workhouse, or otherwise, for the Maintenance of such poor Miners and Labourers, or the Families of such as shall lose their Limbs or Lives in the Service of the said Mines, in such Proportion, Manner and Form, as the said Sir Humphrey Mackworth and his Heirs shall, under his and their Hands and Seals respectively, Limit and Appoint.  

Agreement for paying the Salaries of Rich. Pryse, Anth. Forty, Francis Pigott, and Will. Waller.  And it is hereby further Agreed by and between all the said Parties to these Presents, That in Case the said Proposal take Effect, Richard Pryse of Lanureade in the County of Cardigan, Gent. Anthony Forty of London, Merchant, Francis Pigott of London, Gent. and William Waller of Kavonguin in the said County of Cardigan, Gent. shall be allowed to be Creditors for all their several and Respective Salary and Salaries to them Due and in Arrear to the Day of the Date of these Presents.  

Will. Corbet excepted.  Provided always, that nothing herein contained shall be construed to extend to the Payment or Allowance of the pretended Salary, or Arrears of Salary demanded by William Corbett of the Middle Temple, London, Gent. Pretended Secretary to the said Company; but that the same shall be, and are hereby left to the Determination of the said General Meeting, as in the said recited Deeds for that Purpose is Appointed and Directed.  

Sir Humphrey Mackworth Indempuified for all Acts done pursuant to the Intent of these Presents.  And the said Sir Humphrey Mackworth, his Executors, Administrators, and Assigns shall be, and are hereby Declared and Agreed to be from time to time, and at all times hereafter, by and out of the Profits of the said Mines (after the said Ten Pounds per Share to be Charged on the same be Discharged) saved Harmless and Indemnified of and from all Troubles, Costs, Charges, and Damages, and of and from all Actions and Suits whatsoever, either in Law or Equity, which he or they shall or may happen to Pay, Bear or Sustain, for or by Reason of any Act or Thing to be done or suffered by him the said Sir Humphrey Mackworth, in Pursuance of, and according to the true Intent and Meaning of these Presents.  

The Time lost on Account of this Proposal to be renewed by the said Edw. Pryse, and Sir H. Mackworth.  And the said Edward Pryse, and Sir Humphrey Mackworth do hereby Covenant and Agree to and with the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon, and Thomas Pitt, That such Part of the said Term of Twenty Two Years and an half as shall be Lost or Spent, for or by Reason of the said intended Proposal, and in Case the same shall not take Effect, That the said Edward Pryse and Sir Humphrey Mackworth, his and their Heirs and Assigns, or some or one of them (as far as in him and them lie) shall and will permit and suffer the said Partners, and every of them who shall Seal and Execute this Indenture, and make their said Election within the time aforesaid, to work the said Mines, and to enjoy the Profits thereof, and of all and singular the Premises for and during such Time as shall be so spent as aforesaid, over and above the said Term of Twenty Two Years and an half yet in being and unexpired (and shall as far as in him and them lies) enlarge the Term of the said trusties in the Mines accordingly.  

All former Differences refered to the Determination of Sir H. Mackworth.  And to the End that all Differences between the said Partners relating to the Premises, may be Composed for the Common Good of all the said Partners, It is hereby further Agreed by and between all the said Parties to these Presents, and every of them, That in case the said Intended Proposal shall succeed and take Effect before the First Day of August next ensuing the Date of these Presents, as aforesaid. That then all and all manner of Differences, Controversies, and Disputes, by and between the said Partners or any of them for, touching, and concerning the said Mines, Stock and Premises, or any of them, or any other Matter or thing relating thereto, before the Date of these Presents, shall be, and are hereby referred to the Arbitrament, Award, and Final Determination of the said Sir Humphrey Mackworth.  

Proviso that no private Covenant shall be discharged by these Presents.  Provided always, That nothing herein contained shall be Construed to Release or Discharge any Private Covenant or Agreement in Writing, heretofore made, by or between the said Partners, or any of them, for, touching, or concerning the said Mines, Stock and Premises, or any part of them; but that the same shall be and remain in the same Force and Virtue, as if these Presents had never been had or made. Provided also, That until such Time as the said Intended Proposal shall Succeed and take Effect, the said Partner and Partners respectively, shall manage the said Mines, Stock and Premises, in such Manner and Form as is directed by the former Settlements of the said Mines, as if these Presents had never been had nor made.  
And it is hereby further Agreed, by and between the said Parties to these Presents, 
Bank Bills to be taken in the Name of the Chairman and Private Committee, etc.  That in Case the Grand Committee for the Time being shall Order the said Stock and Profits of the Premises, or any Part thereof, to be Deposited and kept in the Bank of England, that then all and every Bank-Bill which shall be taken for the same, or any part thereof, shall be taken in the Name of the Chairman and Private Committee of the said Mines for the time being, and shall be kept in the said Iron Chest, in Manner aforesaid, and issued forth of the said Chest for the Use of the said Partners, by the said Select Committee, in Manner as is above Directed for the Issuing forth the said Stock in Specie .  

Provision for Relief of Fran. Pigott, Deputy Secretary, in Case he be not elected Bookkeep and Casher-keeper;  Provided always, That in Case it shall so happen, That the said Francis Pigott, Deputy Secretary to the said Partners, shall not be elected Cashkeeper and Book-keeper to the said Partners upon the said New Establishment of Officers , That then it shall and may be Lawful to and for the said Sir Humphrey Mackworth, and he is hereby directed to pay or cause to be paid to the said Francis Pigott all such Sum and Sums of Money, as he the said Francis hath paid or secured to be paid to the said William Corbett for the Place or Office of Deputy Secretary, as aforesaid, over and above all his Arrears of Salary .  
And it is mutually Concluded and Agreed, by and between the said Parties to these Presents, and every of them, and so by them Declared, Concluded, 
All future Controversies to be referred to two Arbitrators, and they to choose an Umpire.  and Appointed, That if hereafter any Doubt, Question or Controversy shall happen or arise between the said Parties, or their Assigns, or any of them, or any Person or Persons whatsoever, having or hereafter Claiming to have any Right, Title, Interest or Demand, in or to all or any part of the said Stock, Mines and Premises, by Virtue of these Presents, for, about, or concerning this Present Indenture, or any Covenant, Clause, Sentence, Promise, Condition, Declaration or Agreement herein comprised, or any defect or want of Explanation of any Matter or Thing relating to the said Stock, Mines and Premises, or the Management thereof.  
That then and in such Case, and as often as any Doubt, Question, Controversy or Difference shall arise or happen, the same shall be referred unto Two indifferent Persons to be Nominated and Chosen from time to time by the said Parties, or by the Majority of Votes of each Party or Parties, between whom the said Difference doth or shall arise within Twenty Days next after such Doubt or Controversy shall arise or happen [each or either of the said Parties in Variance to choose one by Majority of Votes as aforesaid] to be by the same Two Persons so indifferently chosen, fairly heard, discussed and determined, or else by an Umpire to be Nominated and Appointed by the said Two indifferent Persons, in case they themselves cannot Agree and Compose the same.  

And in Default thereof, the Lord Mayor of London, if no Partner, or else the Lord High Chancellor, etc. is humbly desired to be Umpire, and to determine all Differences in a Summary Way without Process of Law.  And in Case the said Referrees shall not name an Umpire within the space of Sixty Days after such Controversies shall be referred to them, than the Lord Mayor of London for the time being shall be and is hereby Nominated to be Umpire, in case he be not a Partner in the said Mines; And in such Case the said Matters in Variance shall be from time to time, and at all times, humbly referred to the Lord High Chancellor of England, Lord Keeper, or Lords Commissioners of the Great Seal of England for the time being, to be heard and determined in a Summary way, without the formal Proceed and Process of Law, in such Manner and Form as the said Lord Chancellor, Lord-Keeper, or Lords Commissioners for the time being, shall in their great Judgements Order and Appoint: And that each and either of the said Party and Parties, and his and their respective Executors, Administrators and Assigns, shall and will stand to and abide, perform and keep such Order and Determination therein, as the said Two Indifferent Persons, or the said Umpire or Umpires, as aforesaid, shall make and give up between them the said Two Parties, Referrors, so as the Order, Judgement and Determination of the said Two Indifferent Persons or Umpire, of or concerning the Premises, or any Part or Parcel thereof, be from time to time made and set down in Writing, under the Hands and Seals of the said Two Indifferent Persons, within Forty Days; or under the Hand and Seal of the Umpire, within Twenty Days next after any such Doubt, Question, or controversy shall be referred to them or him respectively: 
And until such Arbitration ended, no Suit to be commenced either in Law or Equity.  And that neither of the said Parties shall Commence or bring any Action or Suit, nor seek any Remedy whatsoever, either in Law or Equity, to be Relieved in the Premises, before such Doubt, Question and Controversy shall be put to such Reference or Arbitration as aforesaid.  

The Partners Covenant for farther Assurance.  And it is agreed by and between all the said Parties to these Presents, That in case the said intended Proposal shall take Effect, they the said Partners and every of them, their and every of their Executors, Administrators and Assigns, shall and will from time to time, and at all times hereafter during the Continuance of the said Term of Twenty-two Years and an Half, make, do suffer and execute, or cause to be made, done, suffered, and executed, all and every such further and other Act and Acts, Thing and Things, Devise and Devises, Conveyances and Assurances in the Law whatsoever, for the further, better, and more perfect Conveying and Assuring of the said Mines, Stock and Premises to the said Sir Joseph Herne, Sir William Hedges, Sir Thomas Vernon, and Thomas Pit, their Executors, Administrators and Assigns, for the remaining part of the said Term of Twenty two Years and an Half, under the Trusts, Conditions and Limitations above mentioned, according to the true intent and meaning of these Presents, as by Council learned in the Law shall be reasonably devised, advised, or required, and for the better Ordering, Governing, and well Managing of the said Mines, Stock and Premises.  

Ed. Pryse and Sir H. Mackworth Covenant for farther Assurance.  And it is hereby further Agreed, That they the said Sir Humphrey Mackworth and Edward Pryse, and each of them, and each of their Heirs, Executors, Administrators and Assigns, shall and will from time to time, and at all times hereafter during the Continuance of the said further Term of Five Years, make, do, suffer, and execute, or cause to be made, done, suffered, and executed, All and every such further and other Act and Acts, Things and Things, Devise and Devises, Conveyance and Assurances in the Law whatsoever, for the further, better and more perfect Conveying and Assuring of the said Mines, Stock and Premises for the remaining part of the said Term of Five Years, under the Trusts, Conditions, and Limitations , according to the true intent and meaning of these Presents; as by Council learned in the Law shall be reasonably Devised, Advised, or Required.  

A General Release to the old trusties.  And lastly, the said Partner and Partners, and every of them do hereby Release and Discharge the said Thomas Done, Richard Hore, Robert Fowls, and Nicholas Baker, their Executors, Administrators, and Assigns, and every of them, of and from the said Trusts in the said recited Indenture mentioned; and of and from all and all manner of Actions and Suits either in Law or Equity, Claims and Demands whatsoever, which they the said Partners or any of them, their or any of their Executors or Assigns now have, or hereafter may have against the said Thomas Done, Richard Hore, Robert Fowls, and Nicholas Baker, or any, or either of them, for or by reason of any Matter or Thing had, made or done, or suffered to be done by the said trusties or any of them, touching or concerning the said Mines and Premises, or any of them.  

And Covenant to save them Harmless.  And it is hereby Agreed by and between all the said Parties to these Presents, That the said Thomas Done, Richard Hore, Robert Fowls, and Nicholas Baker, and every of them, shall be from time to time, and at all times hereafter out of the Profits of the said Mines and Premises saved Harmless and Indemnified of and from all manner of Actions, Suits, Charges, Costs, and Troubles whatsoever, which they or either of them shall or may pay, bear, or sustain for or upon account or by reason of the said recited Trust in them reposed, of and in the said Mines and Premises, or of, upon account, or by reason of the Assignment thereof by these Presents, or of any other Matter or Thing whatsoever relating thereunto.  

All Former Committees saved Harmless and Indemnified.  Provided always, and it is hereby further agreed by and between all the said Parties to these Presents, That all and every former Committee of the said Mines for the time being, shall from time to time, and at all times hereafter out of the Profits of the said Mines and Premises be Indemnified and kept Harmless of and from all and all manner of Actions and Suits, either in Law or Equity, and of and from all Costs, Damages and Troubles whatsoever, for or by reason of any Matter or Thing by them or any of them (as Committees of the said Mines) done or suffered to be done respectively at any time before the date of these Presents.  

Mr. Oldbury, etc. to be released and saved Harmless.  And further, That the said John Oldbury and Thomas Phipps, on Payment of such Moneys as is now due and owing from them or either of them to the said Partners within the time aforesaid (which is referred to the said Sir Humphrey Mackworth to settle and determine) shall be Released and saved Harmless by all the Partners from any further Demand, Suit, or Trouble for the same by any Person or Persons whatsoever; any thing in these Presents to the contrary thereof in any wise notwithstanding. In witness whereof all the said Parties to these Presents have hereunto set their Hands and Seals the Day and Year first above-written.  
Sealed and Delivered, etc.