Irish Musical Fund Act 1794

IRISH MUSICAL FUND ACT 1794

CHAP. XX.

An Act for securing a Capital Stock, belonging to the Members of the Irish Musical-Fund, applicable to charitable Purposes.

In January 1787, a subscription was begun for support of infusion musicians, &c.

By subscriptions and musical performances, about 1000l. is lodged with the Kight Hen D. Latouche, for said purposes.

Subscribers declared a body corporate &c.

to see and be sued by the name of “the Irish musical fund:”

and to receive all sums, for said purposes;

and may purchase lands, &c not exceeding 500l. a year at the time, and may dispose of same.

WHEREAS some time in the month of January, one thousand seven hundred and eighty-seven, a subscription was begun in the city of Dublin, amongst the professors of musick, towards the charitable purpose of establishing a fund for the support of such professors, belonging to the said society, as through age, infirmity, or accident, should be rendered incapable of earning a sufficiency to support themselves and their families, and for the occasional relief of professors belonging to the said society in case of sickness; and also for the relief and support of the widows and children of such deceased professors as did belong to the said society: and whereas by the profits arising from such subscription, and also by the profits which have arisen from some musical publick performances for the increase of said fund, a capital stock to the amount of one thousand pounds, or thereabouts, is now lodged in the hands of the right honourable David Latouche, the treasurer to the said society, applicable to the purposes aforesaid: to the end therefore, that the said fund and the growing produce thereof may be effectually secured and applied; be it enacted by the King’s most excellent Majesty, by and with the advice and content of the lords spiritual and temporal, and commons in this present parliament assembled, and by the authority of the same, that from and after the passing this act, all and every the subscribers to the said fund, for the time being, shall be, and they are hereby declared to be one body-corporate and politick, in deed and in name; and shall be called by the name of the Irish Musical-fund, and by that name shall have perpetual succession, and a common seal, and that they and their successors by the same name, may sue and be sued, implead and be impleaded, and be answered unto in all or any court or courts of record, and places of record and judicature within this kingdom of Ireland; and that they and their successors, by the name aforesaid, shall be able and capable in law to have, hold, receive, enjoy, possess, and retain, for the purposes aforesaid, all and every such sum and sums of money as have been, or may hereafter be paid, given, devised or bequeathed to and for the ends and purposes herein before mentioned, and that they and their successors, by the name aforesaid, shall and may at any time hereafter, without license in mortmain, purchase, take or receive, hold and enjoy any lands, tenements, or hereditaments, not exceeding the value of five hundred pounds a year, at the time of such purchase; and shall and may also grant, alien, demise or dispose of the same, or any part thereof, at their free will and pleasure.