Page:Ruffhead - The Statutes at Large - vol 3.djvu/594

546 C. 7. Anno quinto Gulielmi 5c Mari^. A. D. 1694. during the fuid Term of fixteen Years, fliall be fatisfied ; and an Officer or Officers fhall be appointed thereunto from Time to Time by the Commiffioners of their Majefties Trcafury now being, or by the Treafurer of the Exchequer, or Commiffioners of the Treafury for the Time being, who fh^U alfo cake Se- curity, according to the beft of their Judgments and Difcretions, from every or any fuch Officer or Of- ficers, for his or their due paying, anfwering and accounting for all the Monies which he or they Ihall re- ceive, and for the due and faithful Performance of his or their Office and Offices refpectively ; and that the -Money of the Fund by this Act appointed, which fhall from Time to Time come or be brought into the Receipt of the £W;fy«cr as abovefaid, fhall, by the Commiffioners of their MujeiHes Trcafury, and the Under-treafurer of the Exchequer now being, or by the Treafurer or Under-trcai'urer of the' Exchc uer, ac Commiffioners of the 'Treafurv ior theTiir:e being, without any further or other Warrant to be fued for, had, or obtained from their Majefties, their Heir-, or Succeffors, and in fuch Proportions from Time to • 'lime, as (liall be ncceffary and fufficient to anfwer the rcfpcftive Payments which (hall grow due, and are to be made by the faid par'ricular Officer or Officers, hz iltued or paid over, from 'I'ime to Time, to the Hands of fuch Officer or Officers by way of Impreft, and upon Account, to and for the Payment of the fiid Annuities or Benefits by this A£f appointed to be paid ; and that fuch particular Officer and Officers. Ihall apply ihe fame thereunto in fuch Manner and Form as are above mentioned, and by this Act di.edted in that Behalf; and fliali be fubjedt and liable to fuch Infpeclion, Examination, Comptrol, and Audit, ■and to fuch Rules, in refpeiJt of his paying, accounting, and other Matters relating to the Execution of his Office, as the faid Commiffioners of the Trcafury now being, or the Treafurer and Under-treafurer of x^ivt Exchequer, or the Commiffioners of the Treiifury for the Time being, flrall think fit, or find neccfiary or reafonable to eftabiifla or appoint from I'ime to Time, for the better Execution of the Intent and End of this Aft, and the Satisfa£liou of Contributors, Adventurers, or others concerned or to be concerned therein ; any Thing in this prefent AGt contained, or any Law, Cullom, Ufage, or Courfe of the Excheqiitr to the contrary notwithfcanding. Transfer OfRcc LII. And it is tnailed by the Authority aforefaid. That the Transfer-office above mentioned fliall be conti- to be fiibjeft t) j^q^ for the Purpoiiis aforefaid, by their Majefties, their Heirs and Succeilbrs, and an Officer in the (ante, the Tre^'L'-' "'■^'■'^ ^'^^ Matters and Things hereby required to be done by fuch an Officer fnall be fully accompliflied ; r ^.lu-j. ^^^j ^1^^^ ^^ ^^,j ^,^^ Managers and Directors above mentioned, as alfo the Commiffioner and OlHcerof the Transfer-office, and the (aid Receivers, and the faid particular Officer in the Exchrqver, and all the Clerks, Miniftcrs, and Servants, to be employed bv or under them refpe£tively, from Time to Time, ihall, in and for the better Execution of their fcveral Places and Trufts, and for p rfuing the Direcfti-tins, Ends, or Intents of this Adc, obferve and perform fuch Rides, Methods, and Orders, as they refpectively ihall from Time to Time receive from the fiid Commiffioners of the Treafury now being, or from the Treafurer of the Exchequer, or Commiffioners of the Treafury for the Time being, fo as fuch Rules, Me-. thods., and Orders, be conducible to the Ends and Purpofes of this Aft, and not othicrwife. Borrowing LIII. And be it enafted by the Authority aforefaid. That if the whol; Sum often hundred thoufand Cl.iufc, if Pounds hi not advanced and paid inco the Exchequer upon this Aft, before the four and twentieth Day of j,oco,ccol. be yjij^g Qiig thoufand fix hundred ninety-four, that then it fhall and may be lawful for their Majefties, or KiVre ii'^iune. their Officers in the P-eceipt of their Majefties Exchequer, by their Command and Appointment, to bor- rov/ and take into the faid Receipt, for their Majefties Ufe by A>ay of Loan, any Sum or S'tm.s of Mo- ney, which together with the whole Value or Amount of all the Sums of Money, which fnall before the fiid four and t'.'entieth Day of 'June be contributed or adventured as aforefaid, fhall not exceed the Sum of ten hundred thoufand Pounds, which Sum or Sums fo taken up by way of Loan fhall and may be char- ged upon thi Credit of their Majefties Exchequer in general, and Tadlies of Loan, and Orders of Repay- ment of the fame, fiiall be levied and drawn accordingly, which faid Orders fliall be affignable and tranf- ferrable from one Perfon to another. XI. percent. LIV. And it is hereby enafted. That all and every Sum and Sums of Money fo to be borrowed, not e.- alioued for ceeding as aforefaid, togerhcr with the Intereft for the fame, not exceeding the Rate of eight Pounds ^1t inttreft, ai^ Cf«<z«« per Annum, to be paid every three Months, until Satisfaftion of the Principal fhall be pa/able and ciKirge^bleVor fatisfied unto the refpecHve Lender or Lenders of the fame, his, her, or their Executors, Admirdftrators. the FayiTicnt of or Affigns, Out of the Monies which fhall afterwards arife and be brought into the Exchequer, by or foi Piinci(>al and Contributions upon this yft, fo far as the fiime will extend : And in cafe the Monies fo arifing by this Aci Intcvtft. fhall not be fufficient for the paying thereof, then the faid Loans which fhall remain unfatished, and th( Intereft of the fame, fhall be paid and fatisfied out of the next Aids or Supplies to be granted to their Ma- jefties in Parliament, and {hall be transferred and transferrable thereunto, as foon as a"ny fuch Aid or Sup- ply fhall be granted to their Majefties ; and if no fuch /ids or Supplies fhall be granted to their Majeftie.'l before the fecond Day oi February which lliall be in the Year of our Lord one thoufand fix hundred nine- ty-four, then the faid Sum and Sums of Money fo to be borrowed, not exceeding asaforefiid, and the In- tereft thereof, lliall be payable, and be paid and fatisfied to the faid Lender or Lenders, his, her, or thei. iixecuLors, Adminiftrators, or Affigns refpcftively, by and out of any their Majefties Treafure, whicl from thenceforth Ihall come into, be, or remain in the Receipt of their Majefties Exchrqucr, not be, ing already appropriated to any particular L'fes by any Aft or Afts of Parliament before this Tini' made. The annual Eur- LV. And be it further enafted, That in cafe there fhall be any Surplus or Remainder of the Moflie j.!ns Money how arifing by the Rates and Duties granted by this Aft, at the End of any one Year of the faid Term of fix «))fpoied. ^.ggj^ Years, after all the A.nnuiti.s or Payments direfted by this Aft fhall be fully fatisfied, paid and dif charged, fuch Surplus or Remainder fhall go and be applied for or towards the Payment and Satiifaftion'o fuel