for the constitution and regulation of Ins. Asso. An Ins. Commissioner has charge of the Ins. Department. Life cos. have to pay a license-fee of 50 dols. ann. ; with 10 dols. per ann. certificate of compliance; 5 dols. with copy of report. Statement made up to 31st Dec. each year. Power of attorney must be filed by duly appointed officer or agent. The pol. are valued by the department at a charge of I ct. for each 1000 dol. insured. A tax of 2 p.c. is levied upon prem. receipts. The legis. as to other States is reciprocal. Fire cos. pay 10 dols. on filing statement; 2 dols. for agent's certificate. A power of attorney to be filed by chief agent; legislation reciprocal, viz. ins. cos. of other States doing bus. in Connecticut required to pay the same taxes, fines, penalties, and make the same deposits, etc., which ins. cos. of the State of C. doing bus. in other States are required to pay and make in certain cases.

The following measure was enacted by the Connecticut Legislature in 1867:

Sec. 1. That all pol. of ins. issued by F. ins. cos. of this State, after the 30th day of Sept. next, shall contain, in the printed forms annexed, uniform conditions as to the risk on which the ins. is based, said conditions to be approved by the General Ins. Commissioner of the State, and no conditions except those so approved, not written in full in the body of the pol., shall be valid.

Sec. 2. No foreign ins, co. doing bus. in this State shall issue policies to citizens thereof, embodying printed conditions not contained in the forms authorized by said Commissioner for policies of cos. incorp. in this State.

Sec. 3. Any ins. co., or agent thereof, violating any of the provisions of this Act, shall be liable to a penalty equal to double the amount of prem. charged on the risk on which pol. is issued. [FIRE INS., CONDITIONS OF.]

CONSANESCENT (from consanesco, to become whole or sound, as of wounds).—This term might well be applied to wounds which are in progress of healing, and would be a fit companion to convalescent, as applied to the general state of the system when recovering from disease.-Hoblyn. CONSANGUINITY.-The connexion or relation of persons descended from the same stock or common ancestor. It is either lineal or collateral. Lineal is that which subsists between persons of whom one is descended in a direct line from the other, as between son, father, grandfather, great-grandfather, and so upwards in the direct ascending line; or between son, grandson, great-grandson, and so downwards in the direct descending line. Collateral agree with the lineal in this, that they descend from the same stock or ancestor; but differ in this, that they do not descend one from the other.-Blackstone. CONSCRIPTION, INSURANCES OF SUBSTITUTES FOR. - In Continental countries, where the ranks of the army are replenished by ann. or other periodical conscription, it has long been the practice to provide substitutes by means of ins. The bus. is usually conducted by individuals, Agents de Remplacement, and not by asso. Persons within the ages liable to be drawn for military service, and not wishing to be drawn, pay an ann. or other contribution

by way of prem. for ins. either that a proper substitute shall be provided, or that the pecuniary fine consequent upon non-service (where escape by a fine is permitted) shall be paid. The bus. often assumes large proportions. [MILITARY SERVICE, INS. AGAINST.] CONSEQUENTIAL DAMAGES.-This designation is applied to losses or injuries which follow an act or event, but are not direct or immediate upon it. They would therefore be more correctly called "inconsequential damages."

The law has been always slow to admit claims for so-called consequential damages under breach of contract, prob. from the uncertainty or hypothetical nature of such claims. If a railway co. fail to carry a passenger safely to his destined station, in time to keep a bus. appointment, or to attend a market or fair, the Courts do not usually award damages to cover loss of profits—that is, profits which he might have made if he had arrived at the expected time: for he might have made a loss.

Nearly all classes of ins. asso. are liable to have claims of this character made upon them. They cannot indeed occur in Life ins. In Marine and Fire ins. they are, or have been, of very frequent occurrence. Accident ins. cos., Hail ins. cos., and Glass ins. cos., are peculiarly liable to them. In Accident ins. a person liable, say, to gout, receives a slight injury, which to a healthy man would cause no actual disability. The gouty man becomes disabled by reason of his latent disease (gout), and hence claims upon the co. It is clear that his disablement arises from the remote, and not the direct or immediate consequences of the injury received. In Glass ins., a tradesman has his window broken, and by reason of the access so obtained, goods are either spoiled by the weather or stolen. He cannot claim upon the Co. in either case. The glass was insured against accidental breakage; but the consequences which flow from the breakage are not insured against. In Hail ins. the claims are obliged, by reason of the nature of the bus., to partake in some sort of consequential damage. Corn and seed, etc., in process of maturing, cannot be estimated simply at their value at the moment of injury. The prospective value has, in the very nature of the case, to be regarded. In Carriage ins., a pol.-holder cannot recover compensation for the inconvenience to which he may be subjected by reason of loss of use of his vehicle. The reasonable cost of repair is the insurable measure of his damage. It will be instructive to notice more in detail a few points in practice, and a few of the cases, which have arisen. We have already mentioned some points under CLAIMS.

In Marine ins. claims for consequential damages arise more frequently than in any other branch of ins. bus. They present themselves in a peculiar form. The want of proper attention to the pumps, causing an accumulation of bilge-water, may not only

produce damage by actual contact, but may originate noxious exhalations, which deteriorate both the character and appearance of delicate articles. Again, the presence of water in the cargo frequently destroys the labels and brands by which alone the better class of goods can be distinguished from the inferior. The market value is thereby much diminished. Further, contiguity with destructive agents, such as wet and heated packages, oil, tar, etc., is a frequent source of claims. In many instances these should rank against the shipowner for bad stowage, rather than against the underwriter. In the case of tea, the claims were at one time so numerous that the underwriters have inserted a special clause in pol. to the effect that no claim can be admitted unless it is proved that the contents of each package have been in actual contact with sea-water.

In Fire ins. claims for consequential damages arise under a variety of circumstances. We propose to note a few of the more instructive cases.

In 1834 there came before the English Courts the case of Wright v. Pole. Wright had insured in the Sun Fire a certains um on his "interest in the Ship Inn : "-Held, that he could not recover for loss of custom or profits while the inn was being repaired after injury by fire.

In 1842, in the case of Leonarda v. Phenix Ins. Co., Lond., it was laid down that the general principle that the insurers are bound to adjust a loss upon the principle of replacing the insured as near as may be in the situation they were in before the fire, has never been understood to extend to the profits or fruits which the latter was drawing or might have drawn from the thing insured. Rent even forms a distinctly insurable interest. [RENT INS.]

In the case of Menzies v. North British Ins. Co., before the Scotch Courts in 1847, it was held,-ins. against fire does not cover consequential damages from loss of occupancy while the buildings are under repair, nor loss of profits that might have been made by occupant by his trade, nor wages of servants which occupant had to pay, though in consequence of the fire he could not employ them. [PROFITS, INS. OF.]

In the U.S. Courts there have been several decisions which harmonize with our own, Thus in the case of Elmaher v. Franklin Ins. Co., 1847, it was thus laid down :-The ins, cannot recover consequential damages; the only loss or damage ins. against are those happening by fire; and if the co. neglect to repair or make good the same to the insured, the only compensation to which he is entitled is the actual loss by fire, and int. on that sum from the time it was due.

In the case of Niblo v. North American Ins. Co., 1848, it was held, that on an ins. against loss or damage by fire on a building simply, and its injury or destruction by the peril ins. against, the insured cannot recover for his loss occasioned by the interruption or destruction of his bus. carried on in such building, nor for any gains or profits which were morally certain to enure to him if he had remained uninjured to the expiration of pol. In regard to Glass ins., the case of Marsden v. City and County Ins. Co., which was before the English Courts in 1866, is important. The facts were as follow:-An ins. was effected upon plate-glass for "all loss or damage originating from any cause whatsoever except fire, breakage during removal, alteration or repair of the premises." On the 25th March, 1865, a fire broke out in a house adjoining that of the plaintiff, and when it reached the back part of his premises, some 20 or 30 yards from the windows ins., the plaintiff took down the shutters of his shop-door, and called in the assistance of his neighbours to remove his stock-in-trade and his furniture. Soon afterwards the mob tore down the shutters of his shop, broke the windows, and seized most of the articles with which the windows were dressed. The question before the Court was, whether the ins. office was liable, and it was held, that it was; that the loss was not within the exception; that the fire was but the remote cause of the damage; and that the fire was but the remote cause of the mob attracted by it.

CONSERVATIVE FIRE AND LIFE INS. Co., projected in 1854, but it never achieved a permanent or solid constitution.

CONSIDERATION.-The price, motive, or matter of inducement to a contract. The "consideration" is the very life of a simple contract, or parol agreement, while a specialty contract [ie. contract under seal] does not require a consideration to make it obligatory at Law-the Law always assuming a sufficient consideration, which the parties, except in special cases, are stopped from denying. The consideration must always be lawful in itself. There are some other refinements, which we need not follow up now. If the consideration be so insufficient as to "shock the conscience," Equity will quash the contract, upon the ground that such great inequality betokens fraud or undue advantage on the one side, or mental incompetency on the other.- Wharton. [REVERSIONARY INTERESTS.] [UNCONSCIONABLE BARGAINS.]

CONSIGNMENT.-The delivery of goods to another for sale or purchase. He who consigns them is called the Consignor; and the person to whom they are sent is called the Consignee. CONSOLATO DEL MARE, IL (Italian); CONSOLAT de Mar (Spanish); or CONSULAT DE LA MER (French), sometimes CONSULADO DEL MAR.-This is admitted to be the earliest general code of maritime law in Modern Europe of which we now have any trace. It contains a pretty complete collection of maxims and usages for the regulation of

maritime trade, adapted to the state of society and to the circumstances of the times in which it was composed; and (adds Mr. Reddie) from its intrinsic excellence, and the excellent nature of its principles, it has been voluntarily adopted almost wholly by some, and to a certain extent by others, of the different European nations who have cultivated navigation and commerce.

We have to examine its hist. here mainly in so far as it may throw any light upon the practice of marine or any other branches of ins.

That the Consolato is not a mere copy, translation, or compilation from any ancient classic code, is now generally admitted. As its regulations are entirely of a practical character, the prob. is that the code was formed gradually, and grew up rather in the shape of customs or usages at various places, proximate or remote, and was, for some special purpose, or on some extraordinary occasion, made the subject of compilation. The occasion and the purpose prob. combined in the estab. of the Consular Courts, by the Kings of Arragon, in the 14th century. That the compilers of the Consolato were well instructed in the principles of the Roman law, of the Basilica, and of the legislation of the cities of France and Spain, which carried on the commerce of the Mediterranean, and of the coasts of Asia and Africa, seems clear. This fact probably led Grotius to attribute to it a classic origin.

M. Boucher, in his ed. of the Consolato (pub. 1808), attempts to show that it was composed at Barcelona in the year 900. In a chronological preface contained in most modern eds. it is intimated that the laws contained therein have been approved and adopted, or at least sanctioned, by a great number of sovereigns and trading republics, as follows, viz. at Rome in 1075; at Acre, by King Louis and the Count of Toulouse, in 1102; by the Pisans in Majorca in 1102; at Pisa in 1118; at Marseilles in 1162; by the Count of Barcelona in 1175; at Genoa in 1186; by the Venetians at Constantinople in 1215; and at Paris in 1250. We mention these details only for the purpose of saying that they are inaccurate; and to allow them to remain uncontradicted is to tolerate historical confusion hereafter. Capmany in his work of 1779 has demolished this

wonderful array of chronology.

The best authorities have hesitated as to whether the origin of the Consolato is to be attributed to Marseilles or Barcelona. That Marseilles is a more ancient city in point of commerce than Barcelona, and that it had commercial relations with the countries mentioned in the Consolato, are facts now generally conceded. Mornac, Giballinus, Vinnius, and Giannone, all say that the Consalato was composed in the time of St. Louis, whose reign commenced in 1226, and ended in 1270. This opinion, too, receives some support from the authority given by Peter III. to the Judges of the Consular Court instituted by him at Valencia in 1283; and yet again in 1343. [CONSULAR COURTS.] Capmany supports the same view, and attributes the origin to Barcelona; in which Pardessus, the greatest authority, and a Frenchman, finally concurs.

On the other hand, M. Josè Salet, a learned Catalonian of the present century, dates the Consolato in the 14th century-a view in which Mr. Justice Park and Mr. Sergeant Marshall both concurred. The first incontestable document in which the Consolato is named is the Marine Ordin. of Barcelona, 1435-the 3rd and 5th chapters of which designate it by the title it now bears, and cite exactly its text.

It is generally admitted that the Consolato superseded the use of the Almafitan Code. It prob. had the same effect upon the separate maritime laws or customs of Marseilles, Pisa, Genoa, Venice, and Barcelona. They were prob. all intended to be embodied in the Consolato, and thus much jealousy and confusion would be avoided.

It seems clear that the Consolato was circulated in manuscript for a considerable time before it was printed; and in that period it prob. received many additions, and became the subject of considerable alteration. The earliest printed ed. of which we have any knowledge (there appears to have been a previous ed.) is that of 1494, which contains the following interesting announcement :

Whereas, in consequence of there being found in the Book of the Consolato many alterations, both in the expression and in the decisions, and many errors, to remedy that, I, Francis Cercelles, from charity merely, and with a great deal of labour, after having compared and consulted with persons of skill and experience, shipowners as well as merchants, mariners, and others--after having examined many manuscripts-have exerted myself to correct the present book as far as has been possible for me. The estimation in which the compilation was held may be gathered in the fact of the eagerness with which eds. were multiplied very early after the discovery of printing. Hence, beyond the ed. of 1494 (of which a copy still exists in the Royal Library of France), and the surmised previous ed., there was pub. an ed. in 1502; another, 1517; another, 1523; and another, 1592—the last, as also that of 1502, by order of the Consuls of Barcelona. The work was translated into Spanish by F. Diaz de Roman, Valencia, 1539. The earliest known translation into Italian was by Pedrizano, pub. in Venice, 1549. This translation, although several times printed, is very inaccurate. The earliest translation into French was that by Mayssoni, pub. at Marseilles in 1577. This is an imperfect ed., two chapters being omitted. Another ed. was pub. at Aix in 1635; then we have that of Boucher in 1808. Cleirac did not make a translation. Emerigon undertook the task from an Italian ed., but abandoned it on account of the difficulty.

There were two other Spanish eds., that by Cayetan de Palleya in 1732; and the other

by Capmany in 1791. Westerveen translated it into Dutch from the Italian version, and the same was pub. at Leyden in 1704, and at Amsterdam in 1726. He refers to a Catalan ed. In 1790 Engelbrecht pub. in his Corpus Juris Nautici, a German translation of what Westerveen had translated into Dutch; but according to M. Meyer, the same is inaccurate. Lange mentions that David Fischer, Consul at Rostock, translated the Consolato into Latin; but this translation is not generally known. The latest and best ed. is undoubtedly that pub. by Pardessus in 1831, edited from the princeps ed. of 1494, still in the Royal Library of France. Wonderful to relate, there has been no English ed. of this work, although it can hardly be doubted that Lord Mansfield, Lord Stowell, and other great English lawyers, were familiar with its provisions, and have incorporated many of them into their decisions in our English Courts.

We are disposed to adopt the following conclusions, arrived at by Mr. Reddie after a painstaking investigation of the best authorities :

The genuine Libro del Consolato del Mare, which was sanctioned by a general and almost universal voluntary adoption by the Mediterranean States, detached from the municipal and other regulations peculiar to different countries which have been added to it in the printed eds., consists, as we have seen, of 252 chapters. It contains various repetitions, almost every chap. forming a sort of whole of itself. The different subjects of which it treats are not digested or methodically arranged; and it is evidently a monument of practical wisdom, not of taste or genius. In the work itself it is stated that the customs of which it is composed were collected by wise and skilful men, during voyages and travels to various countries and places. From a perusal, too, it is manifest that in compiling the code, the object of the authors was to combine the practical wisdom of former times, and of all the different States of the Mediterranean; and, unquestionably, whoever they were, these authors in thus collecting from all quarters, and in selecting what was most equitable and expedient, display a liberality and a skill highly honourable to an age which we are accustomed to consider as barbarous.

The Consolato, as above and before indicated, is by no means a complete maritime code. It treats of Average, as we have already shown [AVERAGE, MARITIME]; but it contains nó rules with regard to loans on Bottomry, although it sufficiently admits the prevalence of the practice [BOTTOMRY]. It contains the leading principles of the contract of AFFREIGHTMENT; and, likewise, the rudiments of those marine documents now known by the name of the Charter-party and Bill of Lading. Truth compels us to add that it has no reference, direct or inferential, to the practice of marine ins. Now, as we have absolute mention of the practice of that branch of ins. in the Ordin. of Barcelona, in 1435, with direct reference to its earlier practice, we must at least place the date of the compilation of the Consolato anterior to that period-as we have already done.

Some of the French writers have spoken very disparagingly of this compilation; but Mr. Justice Park declares that upon examination it is a work of considerable merit.

Mr. Hendriks says it would be only just to the Barcelonese if these laws were always quoted by the name of Consolat de Mar, the Catalan, instead of Il Consolato del Mare, the Italian designation.

CONSOLIDATED ANNUITIES.-See CONSOLS.

CONSOLIDATED ANNUITY ENDOWMENT So., "for granting contingent, reversionary, and other annu., by small ann. or quarterly payments, on the orig. plan of the General Annu. Endowment So., estab. 1829, which, having accumulated a cap. of a quarter of a million, has ceased to receive new members; and for ins. to the widows and orphans of the clergy of the Church of England residences and endowments." The Co. was "to be incorp. by Special Act of Parl." Its President was Lord Erskine, while two of its VicePresidents were Irish Bishops; and on its board were several clergymen, including the Rev. Edward Johnstone, of Hampton. Nothing was said about the cap. of this particular enterprise. The prosp. said:

The successful results of the General Annu. Endow. So. have induced its founder to endeavour to extend its advantages and usefulness to the public, and the clergy in particular, on the scale of liberality orig. intended, that is-To enable persons whose incomes terminate with their lives, to secure annu. to their survivors, viz. males to the age of 21; widows and female nominees while they remain unmarried; and to admit females to subs. and to nominate their children. To persons in trade it holds out peculiar advantages, as the annu. cannot be lost or sold under any contingency, so long as the rules of the So. are observed. This asso., by its equitable arrangements, will secure to the nominees of its members an amount of annu, in proportion to the prems., which no other inst. in the U.K., under different circumstances, can make any pretensions to pay. This will be mainly effected by the adoption, as part of its fundamental constitution, of the peculiar principle on which the fund was estab. in India by the late Lord Clive, as well as a so. at Berlin of the standing of nearly a hundred years, viz. of suspending the annu. to female nominees during marriage, and thus by making the payment of the annu. contingent upon that event, as well as upon survivorship, this So. is enabled to accomplish that which no office, confining itself to the latter contingency alone, can effect. In thus suspending the annu. during a period when, in the great majority of cases, it is not absolutely required, it is plain that a great good is obtained, in a very considerable increase to the amount, at a sacrifice merely nominal and of small importance.

Annu. may be secured to males for life, if idiots or cripples, on the payment of add. prems. Fathers may be nominated without any add, prem. or charge for disparity. No member will be permitted to take more than 12 annu., of which only 6 will be granted to one nominee.

The prems. of all members must be paid for 5 years before their nominees can receive any annu., but the nominees of those members who may die previously to the expiration of that time will be relieved from further payments, on giving notice in writing to the office of their inability to continue them; the arrears, with 5 p.c. int. thereon, will be deducted from the first annu. when payable; but by payment of double prems. during the first 5 years only, and afterwards of single prems., the annu. will be payable to the nominee from the date of the death of the member, All prems. must be paid in advance, either ann., half-yearly, or quarterly, at the option of the members. The disparity money must be paid either in one payment or by instalments. Persons are not required to nominate at the time of their becoming members, but may do so at any future period, without any extra charge, except

for disparity of age, on proof of health being satisfactory to the Council-who, however, shall (in case of health being unsatisfactory) return to the member so disqualified a sum not exceeding two-thirds of the whole prems. paid by such member. Should members, being bachelors or widowers, marry after joining this So., and nominate their wives, the annu, will then be claimable on the completion of five years from the period of their admission, instead of being deferred, as in all other cases, to the expiration of 5 years from the date of nomination. Members are entitled to a second nomination without fee, in case of the death of the first nominee, on proof being given of the health of the person so nominating, and may nominate others than relatives. An annu. ceases to be payable to a widow on her marriage, but in case of her becoming again a widow, she may receive her annu. as before. Other female nominees will cease to be annuitants on their marriage, but will be again placed on the funds should they become widows.

Then we have tables of contingent rev. annu. "Members will pay according to the following rate of prem. for each annu. of about £20, subject to a revision by an actuary every 5 years in accordance with the Act of Parl." [the future Act of Parl.?]. Thus, under 20, 1 10s. ; under 30, £2 10s.; under 40, £3 10s.; under 50, £4 10s.; under 60, £5 10s.; and on the first joining the So. the following payments are required, viz. entrance fee 10s. 6d. for each annu., and if the nominee be younger than the member, a charge is paid at the time of admission for the difference of age.' The "Disparity T." follow.

We next find under "Clergy Widows' House Assu." the following:

The distress which so frequently exists amongst the widows and orphans of the clergy is well known and generally acknowledged. One of the most severe privations to which the widow and orphan family of a clergyman are doomed is the removal from the parsonage, and the consequent necessity entailed upon them to seek, too often without money or friends, a shelter no longer afforded in that house with which was connected their only idea of home. This painful, though unavoidable, calamity this inst. will as far as possible remedy. The plan will be carried out in the following manner: The council of administration will cause to be built, from time to time, houses for the reception of widows and families of deceased clergymen. For these houses a small ann. rent will be required, the payment of which will divest the minds of the afflicted family of the painful feeling of dependence which is inseparable from a residence in any of the more clerical almshouses of the country, and which are only to be obtained by humiliating solicitations.

The rates for this last advantage were distinct from any other payments. A clergyman aged 30 might, by the payment in one sum of £47 35. 2d., or the ann. prem. of £2 15s. 4d., ins. a residence for his nominee aged 20. There is then this general note"A clergyman aged 25 availing himself of the general views taken by the promoters of this So. may, by payments of about 12 or 14 p.a., secure as a right for his widow and orphans, in case of death, a comfortable house and 100 p.a. for the remainder of their lives.

We have quoted the details of this scheme at some length, because they had evidently been prepared by some one experienced in the bus. ; but whether they were framed in entire good faith does not appear quite so clear. The "Clerical Sec." was the Rev. James Page, M. A.; the Sec. Wyndham Hoste, Esq. The Co. was first regis. as the Ecclesiastical Annuity So.; but was changed to the present name during the first year of its existence. The asso. passed out of sight in the following year. CONSOLIDATED INVESTMENT AND ASSU. Co., founded in 1846, with an authorized cap. of £50,000, in 5000 shares of £10. Power to increase to £500,000. The prosp. said the Co. was estab. for "the purpose of effecting every description of assu. upon lives; for the purchase and sale of rev. interests; and for advancing money upon every kind of available security, to be repaid by way of annuity; and thus to combine on a very extensive scale all the advantages of L. assu. with those of well-established building societies." Further:

Notwithstanding the number of L. offices estab. in this kingdom, and the able manner in which public attention has been drawn to the vast importance of L. assu., its advantages are as yet very little appreciated, and still less understood; it being considered that not one in 60 of those who ought to insure their lives for the benefit of their families have done so.

A primary object with every prudent man is to provide for the necessities of his family or dependents, in the event of his premature death. This consideration has given rise to various plans for effecting the desired object, amongst which building sos. have of late been held in much esteem; but until the estab. of this Co., none had united the bus. of a L. assu. office with the objects of a building society, although, on the slightest reflection, it will be seen that their union must be highly beneficial as advancing money to be repaid on the terms usually adopted by building sos. will afford a ready and profitable investment for the funds of an assu. office, and relieve the borrowers from all uncertainty as to the time at which their periodical payments are to cease. This idea suggested the formation of the Consolidated Investment and Assu. Co., with a subs. cap. of £50,000, which, with the prems. received for assu. upon lives, will be principally invested in loans, to enable persons to build or purchase residences, or other property, for occupation or investment, to be repaid to the Co. by way of annu. upon the principle of a building so., that the repayment may be continued for a definite period, to be fixed by the borrower; and although this mode of investing the funds will realize a much larger profit than any hitherto adopted by assu. cos., it is not contemplated to reduce the scale of prems. for assu. upon lives below those of other well-estab. offices: but to divide the surplus every 5 years between the members, i.e. the shareholders and holders of pol. for the whole term of life at the ordin. rates of prem., in the following manner.

That manner was in int. to the shareholders at 4 p.c. p.a. ; three-fourths of remaining sum to parti. pol.-holders every five years; and the remaining fourth "will be allowed to accumulate to a sum equal to twice the amount of the shareholders' orig. paid-up cap.,” with a view to pay off the shareholders, and convert the asso. into a mut. one. The D. of Sett. of the Co. bears date 12th Sept. 1846, and recites the prov. regis. of the Co. on 27th Feb., 1846, and its intended complete regis. [which took place on 3rd Oct.]. Power to increase or decrease cap. (s. 10). Every member was to pay any debt