Page:Ruffhead - The Statutes at Large - vol 8.djvu/728

This page needs to be proofread.

A. D. 1762. Anno fecundo Georgii IIL C. 23* ^^9 accordingly make) fhall intitle fuch Aflignee, his, her, or their Execurors, Admlniftrators, Succef- fors, and AfTigns, to the Benefit thereof, and Payment thereon ; and fuch Aflignee may, in like Manner, aflign again, and fo toties quoties ; and afterwards it (hall not be in the Power of fuch Perfon or Perions who have or hath made fuch Aflignment, to make void, releafe or difcharge the fame, cxr any Monies thereby due, or any Part thereof. VIII. And to the end there may be no Want or Failure of a certain Sum, not to exceed in the Commiflioners of the whole the faid Sum of one million nine thoufand two hundred feventeen Pounds two Shillings and J^-^^^'-'^' '^ ^I'i^c^^]^ eight Pence Hailpenny, to be raifed either by fuch Loans as aforefaid, or by ifluing Exchequer Bills to'nifehrfaid s'umror as is herein after mentioned, or by both or either of thofe Ways or Means, for the publick Service ; any Part thereof. byEx* Be it further enadted by the Authority aforefaid. That in Cafe the Commiflioners of his Majefty's chequer Bills, they may Treafury, or any three or more of them now being, or the High Treafurer, or any three or more of "'*'^«°"t .my Number the Commiflloners of the Treafury for the Time being, (hall judge it more advifeable to raife the faid ^^^^^^ Exchequer Baij Sum of one million nine thoufand two hundred feventeen Pounds two Shillings and eight Pence ^ ^^ Halfpenny, or any Part thereof, by Exchequer Bills, inftead of fuch Loans as aforefaid, that then they refpeaively are hereby authorized and impowered, at any Time or Times, to prepare and make, or caufe to be prepared and made, at the Exchequer, any Number of new Exchequer Bills, for any Sum or Sums of Money not exceeding in the whole the faid Sum of one million nine thoufand two hundred feventeen Pounds two Shillings and eight Pence Half-penny, together with fuch Loans afore- faid, in the fame or like Manner, Form, or Order, and according to the fame or like Rules and <« like Manner and Fo-.n? Diredions, as in and by a certain A£t of this prefent Seffion of Parliament, intituled, Jn ^^yb?- ^^'^ /"^"'^^f^^y t'i«  granting an Jid to his Maje/iy by a Land Tax, to be raifed in Great Britain for the Service of ibc^^ i ax ot th« beffiw. Tear om thoufand fven hundred and fixty-two, are enadted and prefcribed, concerning the Exchequer Bills to be made in purfuance of the faid Aift. _ IX. And be it further enaded by the Authority aforefaid. That all and every the Claufes, Pro- Aft SaS'-'^o^E^xfhi vifoes. Powers, Privileges, Advantages, Penalties, Forfeitures, and Difabilities, contained in the g^^^ Bil)s,"extended to* faid lafl: mentioned A(5t, relating to the Loans or Exchequer Bills, authorized to be made by the thofe to be made out ia fame A61 (except fuch Claufes as do charge the fame on the Taxes granted by the fame A(5t, and purfuance of this Act. except fuch Claufes as limit the Rate of Intereft: to be paid for the Forbearance of Money lent on the Credit of the faid Acl) fliall be applied and extended to the Exchequer Bills to be paid in purfuance of this A£t, as fully and effedually to all Intents and Purpofes as if the faid Ex- - chequer Bills had been originally authorized by the faid laft-mentioned Acft, or as if the faid feveral Claufes or Provifoes had been particularly repeated and re-enaded in the Body of this pre- fent Aft. X. And be it enafled by the Authority aforefaid. That all the Exchequer Bills as fhall be made The faid Bills, Intereft, in purfuance of this A6t, and the Intereft Premium, Rate, and Charges incident to, or attending Premium and Charges, the fame, (hall be, and are hereby charged and chargeable upon, and fhall be repaid and borne by 0!!^^ SnlcteTuS" and out of the growing Produce of the faid SurpluflTes, ExcelTes, and Overplus Monies, or other ^ * Revenues compofing the Sinking Fund (except fuch Monies of the faid Sinking Fund, as are ap- propriated to any particular Ufe or Ufes by any former or other A61: or A6ls of Parliament in that Behalf) and fuch Monies of the faid Sinking Fund fliall and may be ilTued and applied as foon as the fame can be regularly dated and afcertained, for and towards the paying off, cancelling, and difcharging, fuch Exchequer Bills, Intereft, Premium, Rate, or Charges, until the whole of them (hall be paid off, cancelled, and difcharged, or Money fufficient for that Purpofe be kept and referved in the Exchequer, to be payable on demand to the refpective Proprietors thereof. XL And be it declared and further enadled by the Authority aforefaid. That it fhall and may be 1^^ Bank impowerfd '.> lawful for the Governor and Company of the Bank of England to advance or lend to bis Ma- ^^^"^'J.<=^°'J^^'^^= ai'^ ^"=; jefty in like Manner at the Receipt of the Exchequer, upon the Credit of Loan granted by this s^^^j „y^^"^'^^"]'j^^'"'"'* Act, any Sum or Sums of Money, not exceeding in the whole the Sum of one million nine thou- 1,009,217 1, zs. 8J. fand two hundred feventeen Pounds two Shillings and eight Pence Halfpenny ; any thing in an Adl z. made in the fifth and fixth Years of the Reign of King William and Queen Mary, intituled. An JSi for granting to their Majefies feveral Rates and Duties upon Tonnage of Ships and Veffcls^ t'^* ^^ 5 and 6 Will. and upon Beer^ Ale^ and other Liquors, for fe curing certain Recompences and Advantages in the faid A£l ^"tj^^g^nj;/' *°' "*"' mentioned, to fuch Perfons as Jf)all voluntarily advance the Sum of one million five hundred thoufand Pounds, towards carrying on the IVar againft France, to the contrary thereof in any wife not- witliftanding. ' XII. And whereas the Commons oi Great Britain in Parliament afTembled did, in the laft Seflion

  • of Parliament, unanimoufly by an humble Addrefs to his Majefty, humbly befeech his Majefty,
  • that he would be gracioufly pleafed to confer fome fignal Mark of his Royal Favour upon the
  • Right Honourable Arthur Onflotu Efquire, then Speaker of the Houfe of Commons, for his great
  • and eminent Services performed to his Country, for the Space of thirty-three Years and upwards,
  • during which he had with fuch diftinguiflied Ability and Integrity prefided in the Chair of that
  • Houfe, and affured his Majefty that whatever Expence his Majefty fhould think proper to be in-
  • curred on that Account, the faid Houfe would make good the fame to his Majefty : And whereas
  • his Majefty, in his Anfwer to the faid Addrefs, was gracioufly pleafed to declare. That he hud
  • the jufteft Senfe of the long Services and great Merit of Mr. Onflow^ and that his Majefty had al-
  • ready taken the fame into his Conf.deration, and that he would do therein what fhould appear to
  • his Majefty to be moft proper, agreeably to the Defire-of his faithful Commons ; And whereas by

Vol. VIIL 4 T Letters