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Company to petition for Charter.
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II. And be it enacted, That before beginning to exercise the said Trade or Business every such Company shall present a Petition to Her Majesty in Council, praying that Her Majesty will be graciously pleased to grant to them Letters Patent under this Act; and every such Petition shall be signed by Seven at least of the said Company, and shall set forth the following Particulars; (that is to say,)
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First, The Names and Additions of all the Partners of the Company, and the Name of the Street, Square, or other Place where each of the said Partners reside:
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Second, The proposed Name of the Bank:
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Third, The Name of the Street, Square, or other local Description of the Place or Places where the Business of the Bank is to be carried on:
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Fourth, The proposed Amount of the Capital Stock, not being in any Case less than One hundred thousand Pounds, and the Means by which it is to be raised:
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Fifth, The Amount of Capital Stock then paid up, and where and invested:
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Sixth, The proposed Number of Shares in the Business:
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Seventh, The Amount of each Share, not being less than One hundred Pounds each.
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