Page:Ruffhead - The Statutes at Large - vol 4.djvu/337

A. D. 1707. Anno lexto Ann iE, Regina?. C. n. 285 and Afligns, from time to time, and at all feafonable Times, to have Refort; and to infpe£t the fame with- out Fee or Reward. X. And be it further enacted by the Authority aforefaid. That all and every the Annuities whatfocvcr, Annuities chaig. which (hall be purchafed upon or in purfuance of this prefent A61, fhall be and are hereby charged upon, ed upon the half and ftall be paid and payable from time to time in the firft Place, and with Preference to all other t^ay- Subfidy, &c, ments whatfoever, oui of the Monies arifing from tiir.e to time, of or for the faid half Subfidies, and other Duties appointed to be brought in weekly for that Purpofe, as aforefaid, and out of the faid Sum of the Contribution-money hereby appointed to be referved, as aforefaid ; and fo much of the faid half Sub- fidies, Duties, and referved Monies fo appointed, as fliall be fufficient to fatisfy and difcharge all the An- nuities to be purchafed on this A£l, and all the Arrearages thereof, at any Time due or owing, arc and fhall be, by virtue of this Aft, approjjrijted smd applied to and for fatisfying and difcharging of the fame Annuities, and, fuch Arrearages thereof accordingly, and fhall be ilTued, difpofed, and applied to that Ufe, and to no other life. Intent, or Purpofe whatfoever, under the Penalties, Forfeitures, and Difabi- lities in this Act exprclT-d ; any thing herein contained, or other Matter or Thing whatfoever, to the con- trary notwithllanding. XI. Provided alwa^rs, and it is hereby enaifted by the Authority aforefaid. That if at the End of any Surplus to teap- Quarter of a Year of the Term for which the Annuities upon this Aft are to be purchafed, the Monies P'j^'l topublick arifmg at the Exchequer of or for the faid half Subfidies and Duties by this Act appropriated (the Con- p JjIj^^ p - tribution-money to be referved, as aforefaid, being excepted) fliall exceed all^e Monies then due for or fmns relating'" upon the fame Annuities, and all Arrearages thereof, then or at any Time or i imes before that Time in- hereto, 7 Ann, curred, fo that there fhall be an Excefs or Surplus remaining in the Exchequer, fuch Excefs or Surplus c. 7. §. 32. fhall be difpofable from time to time for the publick Ufe and Service, and not otherwife ; anything herein contained to the contrary notwithftanding. XJ. And be it further enafted by the Authority aforefaid. That all and every Contributor and Con- Contributors en- tributors upon this Act, duly paying the Confideration or Purchafe-money at the Rate aforefaid, at or t'^led 'o the An* before the refpeflive Days or Times in this A&. limited in that Behalf, for any fuch Annuity or Annuities ""'"=»> &=• as aforefoid, or fuch as he, {he, or they fhall appoint, his, her, or their refpeilive Executors, Admini- ftrators, Succeflbrs, and Affigns, fhall have, receive and enjoy, and be entitled by virtue of this A&, to have, receive, and enjoy the refpecSive Annuity and Annuities lb to be purchafed out of the Monies by this A6 appropriated or appointed for the Payment thereof, during the faid whole Term of ninety-nine Years, to be purchafed therein, as is above-mentioned ; and that all and every fuch Purchafers, their Exe- cutors, Adm.inifirators, and Affigns refpeftively, fhall have good and fure Eftates and Interefts in the fe- veral Annuities fo by them' to be purchafed, according to the Tenor and true Meaning of this A£t; and Tax-free, that all the faid Annuities to be purchafed on this ASt, and every of them, during the Term aforefaid, fhall be free from all Taxes, Charges, and Impofitions whatfoever. XIII. And be it further enafted by the Authority aforefaid. That every Contributor upon this Aft for And to have any Annuity or Annuities, as aforefaid, his, her, or their Executors, Adminiftrators, or Affigns, upon Tallies and Or- Payment of the Confideration or Purchafe-money for the fame, at the Rate aforefaid, or any Part or ^"^^'"'^» ^'^» . Proportion thereof, within the Time or Times in this Aft limited in that Behalf, fhall immediately have one or more Talley or Tallies levied, importing the Receipt of fo much Confideration-money as fhall be fo 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, fhall have an Order for paying of the faid Annuity and Annuities, for and during the faid Term of ninety-nine Years, to be purchafed therein; Vv'hich Order fhall be figned by the Treafurer and Under- Treafurer of the Exchequer, or any three or more of the Commiffioneis of the Treafury for thef Time being; and after the figning thereof, the fame fhall be good, valid, and efFeftual in the Law, ac- cording to the Purport and true Meaning thereof, and of this Aft, and fliall not be determinable by or upon the Deaths or Removal of any Treafurer or Under- Treafurer of the Exchequer, or any Commiflioner or Commiffioners of the Tre fury, or by or upon the Determination of the Power, Office, or Offices of them or any of them ; nor fiiall any Lord High Treafurer of Great Britain, Treafurer of the Exchequer, or any Comm.iffioners of the Treafury now or for the Time being, have Power to revoke, countermand, or make void fuch Orders fo figned as aforefaid, or any of them. XIV. And for the Encouragement of the Contributors to advance and pay forthwith into the Receipt j per Cent, for of the Exchequer the Sums by them intended to be advanced upon this Aft, it is provided and enacted by prompt Payment the_Authority aforefaid. That every fuch Contributor who fliall advance and pay into the faid Receipt ^f'"'^*° '^P"^ of Exchequer, all or any Part of the Purchafe-money payable for any fuch Annuity or Annuities as afore- ■'^°^" faid, before the faid twentieth Day oi April m the Year of our Lord one thoufand feven hundred and eight, his, her, or their Executors, Adminiftrators, or Affigns, fhall be allov/ed and paid out of the Contribu- tion-money arifing by this Aft, Intereft after the Rate of five Pounds per Centim per Annum for the prompt Payment of the Money fo advanced, from the Time of the aftual advancing and paying the fame, until the faid twentieth Day oi April one thoufand feven hundred and eight. XV. And be it further enafted. That it fhall and may be lawful to and for any Contributor or Contri- Annuities af- butors, his her, or their Executors, Adminiftrators, SuccefFors, or Affigns, at any Time or Times, du- fignable, &c. ring the Continuance of his, her, or their Term, Eftate, or Intereft of and in any Annuity to be purchafed upon this Aft, by any Writing under his, her, or their Hands and Seals, or under the common Seal of a Corporation, or by his, her, or their laft Will in Writing, to affign or devife fuch Annuity, or any Part thereot, or any Intereft therein, to any Perfon or Perfons whatfoever, and fo toties quoties ; and no fuch Affignment to be revokable, fo as an Entry or Memorandum of fuch Affignment or V/ill be.made in Books