44

was vested in the Company as Trustees for the
Crown; the shareholders accepting a fixed dividend
on their capital charged upon the revenues in India.
The main outlines of the system of Government
were not, however, much changed, although the
statute legislates for the first time for the Government
 of the British possessions in India as a whole.
St. Helena, which had been held by the Company,
was taken over by the Crown under this statute.
The superintendence, direction, and control of the
whole Civil and Military Government of the whole
of the British territories and revenues in India were
vested in the Governor-General of India in Council.
The Council was thus subordinated to the Governor-General
 ; extensive powers of legislation were conferred,
 the necessity for registering enactments in
the Supreme Court being altogether abolished.
The power to make laws affecting the Supreme
Court, and its powers over European British subjects,
 was subject to the previous sanction of the
Directors. ~ Legislation was to be effected by a
quorum consisting of the Governor-General and at
least three ordinary members of council; while
other affairs might be transacted by the Governor-General
 and one or more of such members; the
Governor-General was given a double or casting
vote in council. The rights of Parliament to legislate
 for India were reserved, and its control over
Indian legislation preserved by requiring all enactments
 to be submitted to Parliament,