H4 C. 7. Anno tertio Georgii Regis. A. D. 1716. Authority aforefaid, That it {hall and may be lawful to and for the Commiffioners of the Treafury,. or any three or more of- them, or the High Treafurer of Great Britain for the Time being, to ifTue their refpective Warrant or Warrants to the proper Officers in the Receipt of the Exchequer, for' receiving and: takirg in at the faid Receipt fuch further Sum or Sums of Money, not exceeding five hundred feventy- feven thoufand fourteen Pounds fixteen Shillings and one Penny Earthing, as any Perfon or Perfons, Na- tives or Foreigners, Bodies Politick or Corporate, will advance -and pay for purchafing an Annuity or Annuities after a Rate not exceeding four Pounds per Centum per Annum; which Annuity or Annuities mall be paid out of the faid general Fund by this Aft eflablifhed or intended to be eflablifhed, and fhall likewife be redeemable by Parliament according to this Aft; and the laid Commifiioners of the Treafury, or High Treafurer and Under Treafurer of the- Exchequer for the i ime being, are hereby authorized and required to iflue and apply, or caufe to be iffued and'applied, all the faid Monies not exceeding five hundred feventy- kven thoufand fourteen Pounds fixteen Shillings and one Penny Farthing, lb to be advanced, for the Ufe and Service of the Publick in the faid Office of the Navy, and fuch other publick Offices, as are deficient of their Supplies which were granted or intended to be granted in the laft Seffion of Parliament. And f 'C5I. ' XXII. And whereas the Sum of twenty-four thoufand one hundred and ninety-five Pounds eighteen iSs. a 0. fertile' Shillings and two Pence refts unfatisfied upon feveral Bills of Exchange drawn for the Service of the late e*n°da'° n to ' Expedition to Canada :' Be it further enacted by the Authority aforefaid, That it fhall and may be law- ful to and for the Commiffioners of the Treafury, or any three or more of them, or the High Treafurer. of Great Britain for the Time being, to ifTue their Warrant or Warrants to the proper Officers in the Receipt of the Exchequer, for receiving and taking in at the faid Receipt fuch further Sum or Sums of Money, not 'exceeding twenty-four thoufand one hundred ninety-five Pounds eighteen Shillings and two- Pence, as any Perfon or Perfons, Natives or Foreigners, Bodies Politick or Corporate, will advance and pay for purchafing an Annuity or Annuities, after a Rate not exceeding four Pounds per Centum per Annum;■ which Annuity or Annuities fhall alio be paid out of the faid general Fund by this Act eflablifhed or in- tended to be eflablifhed, and fhall likewife be redeemable by Parliament according to this Aft; and the faid Commiffioners of the Treafury, or High Treafurer and Under Treafurer of the Exchequer for the- Time being, are hereby authorized and required to ifTue or caufe to be iflued all the faid Monies, not ex- ceeding twenty-four thoufand one hundred ninety-five Pounds eighteen Shillings and two Pence, fo to be advanced, by way of Imprefl and upon Account, for fatisfying the faid Bills of Exchange; and the proper Officers iii the refpeftive Offices for paying the fame Bills are hereby enjoined and required to take efpecial Care that the Drawers of the laid Bills be duly charged with the Monies for which they were drawn, or fuch of the laid Monies as are not or fhall not be duly accounted for, before fuch Payment of the faii Bills-. ■ - As foon .as ready XXIII. Provided always, and it is hereby enafted, That as foon as ready Money fhall be advanced, fuffi- Money is adwn- c ] ea { to;pay -off-all or any the principal Sums, or the Moieties of the principal Sums by this Aft intended Pit nd F? &'c to ^ s P^id'offi with the> Interefl or Arrears of the Annuity attending the fame refpeftively, publick No- jiublick Notice tice thereof faall be given by Writing, to be openly fet up at the Exchequer, and advertifed in the to be given, and London Gazette; and the ready Money To advanced fhall be referved and kept in Bank at the Exchequer for Intersil to.ceaie. the Perfons or Corporations entitled thereunto; but from the Time of fuch Notice given the faid Interefl, after the Rate of fix Pounds per Centum per Annum, and the faid Annuities, after the Rate of three Pounds per Centum per Annum, of fuch Perfons and Corporations refpeftively, fhall ceafe and determine. Pmchafars of XXIV. And be it further enafted by the Authority aforefaid, That all and every Perfon and Perfons, Annuities to Natives or Foreigners, Bodies Politick and Corporate, who in purfuance of this Aft fhall advance and pay Soi' ,C &c '" ° into* the -Exchequer any Sum or Sums of Money, for purchafing an Annuity or Annuities at fuch respec- tive Rates, as aforefaid, fhall upon his, her or their advancing and paying the fame, have and receive, from the proper Officers in the faid Exchequer, a Tally or Tallies of Sol' for the Money fo advanced or paid; and that all and every fuch Perfon and Perfons, Bodies Politick and Corporate, his, her and their Executors, Adminiftrators, 'SucceiTors and Affigns refpeftively, for every Sum fo advanced and paid, fhall. have, receive snd enjoy, and be entitled by this Aft to have, receive and enjoy, an Annuity or Annuities, after the Rate to be Specified; in the faid refpeftive Warrants of the Commiffioners of the Treafury, or High Treafurer for the Time being, fo as the fame do not exceed the refpeftive Rate or Rates by this Aft prefcribed';- and in fuch refpeftive Warrant or Warrants to be exprefled, as aforefaid, out of the Annuities how Monies of the faid General Fund of feven hundred twenty-four thoufand eight hundred forty-nine Pounds to be paid. fix Shillings and ten Pence and one fifth Part of a Penny per Annum, by this Aft eflablifhed or intended; to be eflablifhed, as aforefaid; and that fuch Annuity and Annuities for fuch Monies fo to be advanced, fhall be paid and payable to the refpeftive -Perfon and Perfons, Bodies Politick and Corporate, their Exe- cutors, Adminiftrators, Succeffors and Affigns refpeftively, in Manner following; that is to fay, The firft Payment, or Payments of fuch Annuity or Annuities fo to be purchafed fhall be computed by the Day, and Satisfied from the Day or refpeftive Days on which the Monies fo to be advanced, or any Part or Parts thereof, fhall be advanced and paid into the Exchequer, as aforefaid, until the quarterly Feaft-day, or refpective quarterly Feail-days then next enfuing; and from thenceforth the fame Annuity or Annuities fo to be purchafed fhall be paid and payable at the four mofl ufual Feafls or Days of Payment in the Year, aforementioned, by even and equal Portions, until the Redemption thereof by Parliament, according to the. Provifo herein after contained in that Behalf. The Account- XXV. And it is hereby enafted by the Authority aforefaid, That in the Office, of the Accountant «"* I? , n? al ° f general of the Governor and Company of the Bank of England for the Time being, there fhall be provided. kcc-7Bocks°cf and kept a Book or Books, in which fhall be fairly entred the Names of all and every Perfon and Perfons,. 1 - Corporation.
Page:Ruffhead - The Statutes at Large - vol 5.djvu/154
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