Page:Ruffhead - The Statutes at Large - vol 4.djvu/404

352 C. 7' Anno feptimo Ann. « Reginae. A. D. 1708. plied to any Ufe, Intent, or Purpofe whatfoever, without the Authoiitf of Parliament ; any thing herein contained to the contrary thereof in any wife notwithflanding. The notredeem- LXVII. Provided ncverthelei's, That nothing in this A£t contained, for or concerning the Redemption mg the TaidUu- of the faid Duties by this Aft fettled and appropriated, as well for Payment of the faid Interefl:, after the T^' h°R°de"?' ^^^'"'^ °^ '■^° Pence ^er Diem, and the faid Allowance after the Rate of three Pounds per Centum per Annum, timi of the o"!- ^^ '^° ""aifing the faid yeaily Sum of two hundred thoufand Pounds for cancelling the faid Bills, fhall in s'lEal Fund, &.C. any wife prevent or hinder the Redemption of the faid original Fund of one hundred thoufand Pounds per Annum, or the faid Annuity of one hundred and fix thoufand five hundred and one Pounds thirteen Shillings and five Pence, purfuant to the refpeftive Provifoes for thofe Purpofes in this A(5t: contained ; but that the fame, or either of them may be redeemed from the faid Governor and Company, or their Succeflbrs, according to the refpedtive Provifoes or Conditions in this Aft contained, without Redemp- tion of the faid Duties and Funds hereby fettled in Relation to the Exchequer Bills to be made forth in purfuance of this Aft, as aforefaid ; any thing herein contained to the contrary in any wife notwith- ilanding. Tiie. Dividend of ' LXVIII. And whereas the faid Governor and Company of the Bank of England e^&h{htdi by for- 4I. los. to be- ' j^g^ Afts herein recited, did on the three and twentieth Day of March one thouiand feven hundred and old^^cmbeis' '° ' ^'S'^'^' oi^der a Dividend of four Pour.ds and ten Shillings per Centum to be made amongfl: their then ' Members ;' It is hereby enafted and declared. That the faid Dividend only belongs to, and is to be rei- Ceived and enjoyed by the refpeftive Members of the faid Corporation, before the making of the Subfcrip^- tion before-mentioned, and their refpeftive Afligns, in Proportion to their refpeftive Interefls in the then Capital Stock of the faid Governor and Company. Commiflioners LXIX. Provided always, and it is hereby enafted and declared. That the Perfons named Commiffioners for talcing Sub- for taking the Subfcriptions in the Aft before-mentioned, or any of them, fhall not incur or be fubjeft to fotiptionsindem-any Incapacity, Forfeiture or Penalty whatfoever, for or in Regard of their or any of their being named "^"='*- Commiffioners, or afting in or upon the Commiffion for taking fuch Subfcriptions, or any Ways relating thereunto ; any Lav/ or Statute to the contrary in any wife notwithftanding. Publick Aa. LXX. And be it further enafted and declared. That this prefent Aft fliall be efleemed in all the Parts thereof in all Courts of Law and Equity to be a publick Aft, and Notice thereof fliall be taken as fuch by all Courts and Perfons accordingly. Bank not obliged LXXI. And it hereby enafted by the Authority aforefaid. That as often as any of the Bills hereby, to pay Intereftto a^y(-jjoii2,ejj j-q ]-,£ iffucd (hall become payable by the faid Governor and Company, and fliall be brought a If fler , um than j.^ them to be exchanged for Money, the faid Governor and Company fhall not be obliged to pay for fuch Intereft to any leffer bum than a Penny due upon fuch Bill, in cafe a fingle Bill be produced for Payment, or for the Total of the Intereft of fuch Bills, where two or a greater Number of Bills fhall be offered at ' one Time by the fame Perfon ; and the Payment or Tender of all fuch Intereft as fhall be due on fuch Bill or Bills (except fuch Sum lefs than a Penny) together with the Principal due on fuch Bill and Bills, fhall be good and fufficient in Law, as if the Principal and entire Intereft, including fuch lefs Sum than a Penny, had been paid or tendered upon fuch Bill or Bills. Bjnk may call LXXII. Provided always, and it is hereby enafted and declared. That it fliall and may be lawful for in Monies divi- tjje faid Governor and Company, and their Succeffors, from time to time hereafter in fuch Manner, and a'^italSt k &c ^^ ^"""^ Notice as in this Aft are before appointed for calling in any Monies for the Circulation of Ex- capi oc , ■ chequer Bills and other the Purpofes before mentioned, to call in or direft to be paid by or frorh their refpeftive Members for the Time being proportionably all or any Part of the Monies, which fhall have before been divided and paid out of their faid Capital Stock of four millions four hundred and two thou- fand three hundred forty and three Pounds, under fuch Penalties, Charges, and Forfeitures forNon-pay- rnent of any Monies of the faid Capital fo called in, as are before appointed for Non-payment of any other Monies (not Capital) by this Aft authorized to be called in, as aforefaid. Duties deficient LXXIII. Provided always, and it is hereby enafted by the Authority aforefaid. That if the refpeftive tobem^degocd Duties by this Aft granted or appropriated, or any of them, fliall at any Time or Times appear to be mit of the next ^^ deficient, that within any one Year the faid refpeftive Duties fhall not be fufficient to anfwer and fa- r ^'h Prvi *'^^y ^^^ feveral and refpeftive Purpofes to which the fame are hereby feverally appropriated, then and in film cmcervhg every fuch Cafe, and as often as fuch Deficiency fhall happen, the fame fhall be provided for, anfwered 'Baxt, 9 yim. and made good by and olit of the next Aids to be granted by Parliament. c. 7. 12 Ann. St. I. c. II. izAnn. St. i. c. 3. 3 Gio, 1. c, 8. ij Geo. i, c. g. j Gee. 2, St. 2, c. 8, 2 Ceo, 2. c, 3. 11 Geo. %• c. 27. ^. 16. jj Geo, 3, c, 13, 15 Geo, z, f. 6, 24 Geo. 2. c, 4. CAP. VIII.