Page:Ruffhead - The Statutes at Large - vol 4.djvu/297

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A. D. 1706. Anno quinto Ann^ Reginae. C. 19. 245 before-mentioned, and every of them ; and fo much of the faid feveral and refpeftive Rates, Subfidies, and Duties appointed by this A& to be brought and paid into the Exchequer, and fo much of the faid Sum of thirty-five thoufand Pounds, and of the faid feveral and refpedtive Overplus Monies of the faid former Annuity Funds, as are and fhall be fuflicient to fatisfy and difchare all the Annuities to be pur- chafed upon this Aft, and all the Arrearages thereof, at any Time due or owning, are and fhall be, by vir- tue of this A(Sl, appropriated and applied to and for fatisfying and difcharging of the fame Annuities, and fuch Arrearages thereof accordingly, and fhall be ifflied, difpofed, and applied to thatUfe, and to none other Ufe, Intent, or Purpofe whatfoever ; any thing herein contained, or any other Matter or Thing whatfoever to the contrary notwithftanding. XVIII. Provided always, That if at the End of any Year of the faid Term of ninety-nine Years, for Surplus difpora- which the faid Annuities are to be purchafed, the firft Computation to be made at Lady Day one thoufand l^ to publick feven hundred and eight, or within fix Days after, the Monies arifmg at the Exchequer within fuch Year, p*""" „ . by the faid Rates, Duties, Subfidies, Overplus Monies, and other Monies hereby appropriated for Pay- {^"^ relating^'" inent of the faid Annuities, purfuant to this A£f, fhall exceed all the Monies then due for or upon the hereto, fame Annuities, and all Arrearages thereof, then or at any Time or Times before that Time incurred, fo i Geo. i. flat. 2. that there fliall be an Excefs or Surplus remaining in the Exchequer, fuch Excefs or Surplus fhall be dif- c. la. §. 7. pofable from time to time for the publick Ufe and Service, and not otherwife ; any thing herein contained to the contrary notwithftanding. XIX. And be it further enacted by the Authority aforefaid, That all and every Contributor and Con- Contributors tributors upon this Aft, duly paying the Confideration or Purchafe-money, at the Rate aforefaid, at or paying, &c. to before the refpeftive Days or Times in this Aft limited in that Behalf, for any fuch Annuity or Annul- fjoyfure Elates ties, as aforeiaij, or fuch as he, fhe, or they fhall appoint, his, her, or their refpeftive Executors, Ad- purchafedT' miniftrators, Succeffors, and Affigns, fhall have, receive, and enjoy, and be entitled, by virtue of this Aft, to have, receive, and enjoy the refpeftive Annuity and Annuities fo to be purchafed, out of the Monies by this Aft: appropriated or appointed for the Payment thereof, during the faid whole Term of ilinety-nine Years, as is above-mjCntioned ; and that all and every fuch Purchafers, their Executors, Ad- liiiniftrators, and Affigns refpeftively, fliall have good and fure Eftates and Interefts in the feveral Annui- ties, fo by them to be purchafed according to the Tenor and true Meaning of this Aft, and that all the faid Annuities to be purchafed upon this Aft, and every of them, during the Term aforefaid, fhall b'e free from, all Taxes, Charges, and Impofttions whatfoever. Tax-free; XX. And be it further enafted by the Authority aforefaid. That every Contributor upon this Aft, for and have Tallies any Annuity or Annuities, as aforefaid, his, her, or their Executors, Adminiftrators, op Affigns, upon and Orders, &c. payment of the Confideration or Purchafe-money for the fame, at the Rate aforefaid, or any Part or Pro- Oj^e'rtTe'aifi^d'* portion thereof, within the Time or Times in this Aft limited in that Behalf, fhall immediately have ^yg'^„'„^'j^y^ one or more Tally or Tallies levied, importing the Receipt of fo much Confideration-money as fhall be §. 64. fb paid ; and upon Payment of all the Purchafe-money for any fuch Annuity or Annuities, at the Rate aforefaid, every fuch Contributor, his, her, or their Executors, Adminiftrators, Succeffors, or Affigns re- fpeftively, fliall have an Order for paying of the faid Annuity and Annuities, for and during the faid Term of ninety- nine Years ; v/hich Order fhall be figned by the Treafurer and under Treafurer of the Exche- quer, or any three or more of the Commiffioners of the Treafury for the Time being, and after the fign- ing thereof, the fame fhall be firm, good, valid, and effeftual in the Law, according to the Purport and true Meaning thereof, and of this Aft, and fhall not be determinable by or upon the Deaths or Removal of any Treafurer or Under Treafurer of the Exchequer, or any Commiffioner or Commiffioners of the Treafury, or by or upon the Determination of the Power, Office, or Offices of them, or any of them, rtor fliall any Lord High Treafurer oi England, Treafurer of the Exchequer, or any Commiffioners of the Treafury now or for the Time being, nave Power to revoke, countermand, or make void fuch Orders fo figned, as aforefaid, or any of them, XXI. And for the Encouragement of the Contributors to advance and pay forthwith into the Receipt SperCent. for 0(f the Exchequer, the Sums by them intended to be advanced upon this Aft, it is provided and enafted prompt Payment by the Authority aforefaid. That every fuch Contriljutor who fliall advance and pay into the faid Receipt J""'"' '° ^^^ of Exchequer all or any Part of the Purchafe-money, payable for any fuch Annuity, or Annuities as ^ ^' aforefaid,- before the faid tenth Day of j^/«j in the Year of our Lord one thoufand feven hundred and feven, his, her, or their Executors, Adminiftrators, or Affigns, fhall be allowed and paid out of the Contribution-money arifing by this Aft, Intereft after the Rate of fix Pounds per Centum per Amtum, for die prompt Payment of the Money fo advanced, from the Time of the aftual advancing and paying the fame, until the feid tenth Day of May one thoufand feven hundred and feven. XXil. And be it further enafted. That it fliall and may be lawful to and for any Contributor or Con- Annuities aflilni-- tributors, his, her, or their Executors, Adminiftrators, Succeffors, or Affigns, at any Time or Times sble, &c. during the Continuance of his, her, or their Term, Eftate, or Intereft of and in any Annuity to be pur- chafed upon this Aft, by any Writing under his,, her, or their Hands and Seals, or under the Common Seal of the Corporation, or by his or her laft Will in Writing, to affign or devife fuch Annuity, or any Part thereof, or any Intereft therein, to any Perfon or Perfons whatfoever, and fo toties quoties and no I fuch Affignment to be revokablc, fo as an Entry or Memorandum of fach Affignment or Will be made I in Books to be kept for that Purpofe in the faid Office of the Auditor of the Receipt, within the Space of

tJiree Months, after fuch Affignment or Death of the Devifor ; and that upon producing fuch Affignment 

or Will, or Probat thereof, in the faid Office of Receipt, to be entred as aforefaid, the Party fo pro- ducing the fame fhall bring therewith an Affidavit, taken before one or more of her Majefty's Juftices of the Ptace, of the due Execution of the laid Affignment or Will ; which Affidavit, fliall be feverally filed in