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The Life of Robert, Lord Clive, Vol. 2 (of 3)

Note 185 — FOOTNOTES: CHAPTER 11 CHAP. XII.

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This agreement between the Company and Lord Clive is as follows:—

"By indenture bearing date the 16th May, 1764, between the United Company of Merchants of England trading to the East Indies on the one part, and Robert Lord Clive on the other part, it is agreed, that the said Company shall, for the term of ten years, cause to be paid to Lord Clive, his administrators, &c. out of their treasury in Bengal, (to be computed from the 5th May, 1764,) the full amount of the said jaghire rents; provided nevertheless, that in case the said Lord Clive should die before the expiration of the said ten years, the Company shall make good the payment of the jaghire only to the time of the death of him the said Lord Clive; provided also, that in case the Company shall not be in actual possession of the lands out of which the said jaghire issues, and the revenues thereof, to and for their own use, and during the said term of ten years, then and in such case, the said Company shall not be compellable or subject to pay any further part of the jaghire than shall accrue due during the said Company's actual possession of the said lands out of which it issues."

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