Page:Ruffhead - The Statutes at Large - vol 5.djvu/155

A. D. 1716. Anno tertio Georgii Regis. C. 7. 115 Corporation and Corporations wlnitfocver, who (hall be entitled to the faid Annuities after the Rate rff iivc j!" -Ann"' 1 Pounds /W Centum per Annum, in Lieu and Difchargc of any fuch Lottery Orders and annual Payments f "V , , , out of the Excife, as aforefaid ; and the Names of all fuch Perfons and Corporal ions, who upon produ- be miiti ,. cine to the laid Comptroller the faid Tallies of Sol' refpeftively, fhall appear to be entitled to the laid An? . V. nuities to be purchafed at the fcveral Rates aforefaid, for Monies to be by them advanced and paid into the -■ 9- §• '3- Exchequer, purfuant to this Aft ; and the feveral and refpective Annuities whereunto the aforefaid Pel and Corporations refpeftively fhall be fo entitled; to which Book it fhall be lawful for all Perfons con- cerned, from Time to Time, at all fcafonable Times, to have free Accefs, and to infpeft the fame, without Fee orCharge ; and the faid Accountant general for the Time being fhall, on or before the five and twen- ■■•■* tranfroit a tieth Day at December one thoufand feven hundred and feventeen, tranfmit an attefted Duplicate or 1 Duplicates fairly written on Paper, of the Book or Books laft mentioned, into the Oflice of the Auditor .07117, of the Receipt of his Majefty's Exchequer, there to remain for ever. XXVI. And be it further enafted by the Authority aforefaid, That the refpeftive Proprietors, who arc ^f t% a fute to have, receive and enjoy the faid feveral Annuities purfuant to this Aft, his, her or their Executes , !l Adminiftrators, Succeffors and Affigns refpeftively, fhall have good and fure Eitates and Intcrcfts therein for ever, fubjeft to the Provifoes or Conditions of Redemption in this Aft afterwards contained concerning the fame, and to no former Provifoes or Power of Redemption wh itfoevcr. XXVII. And it is hereby enafted, That as well the faid Annuities after the Rate of five Pounds per Annuities free Centum per Annum, payable in Lieu and Difcharge of the faid Lottery Orders, and of the faid annual Sums 1 "' "' i - : ' J - formerly charged upon the Excife, as alfo the faid Annuities to be purchafed on this Aft at the f . . Rates aforefaid, for Monies to be advanced at the Exchequer, as aforefaid, and all and every the principal Sums for which the faid feveral Annuities arc to be payable, or whereupon they fliall be computed, pur- fuant to this Aft, and every of them, fliall be free from all Taxes, Charges and Impofitions whatlbever. XXVIII. And it is hereby declared and enafted by the Authority aforefaid, That the Governor and Bank to employ Company of the Bank of England fhall, from Time to Time, until the faid Annuities fliall be redeemed by^j?"^ Parliament according to this Aft, appoint and employ one fufficient Perfon within their Office in the City Acc0 u nt ", Iit ^London, to be their Chief or firft" Cafliier, and one other fufficient Perfon within the fame Office to be general, their Accountant General ; and that fo much of the Monies of the faid general yearly Fund ot feven hundred twenty-four thoufand eight hundred forty-nine Pounds fix Shillings and ten Pence and one fifth Part of a Penny per Annum, as fliall be fufficient to fatisfy and difcharge the Sums which (hall grow due, from 7 ime to Tim:, for or upon all the faid feveral and refpeftive Annuities by this Aft. appointed or intended to be paid by the faid Cafliier of the Bank for the-Time .being, fliall by Order of the Commiffioners of the Treafury, or any three or more of them, or of the High Treafurer, and Under Treafurer of the Exchequer of his Majefty, bis Heirs and Succeffors, for the Time being, without any further or other Warrant to be fued for, had or obtained in that Behalf, be from Time to Time, quarterly, as aforefaid, iffued and paid at the faid Receipt of Exchequer to the faid firft or chief Cafliier of the faid Governor and Company of the Tilcir ORia, Bank of England, and of their Succeffors for the Time being, by way of Impreft and upon Account, for the Payment of the lame Annuities at fuch Times, and in fuch Mannerand Form, as are by this Aft pre- ferred in that Behalf, with Preference to all other Payments which fhall or may hereafter be charged upon * the faid General Fund, or upon the faid. Duties or Revenues liable to make good the fame, until the Re- demption of the faid Annuities according to this Aft; and that all and every fuch Cafliier or Cafhiers, to whom the faid Monies fhall from Time to Time be iffued, fliall, from Time to Time, without Delay, -apply and pay the fame accordingly, and render his Accounts thereof, according to the due Courfe of the Exchequer; any Thing herein contained to the contrary. notwithstanding. And it is hereby alfo enafted, That the faid Accountant General for the Time being fhall, from Time. to Time, infpeft and examine all the faid Receipts and Payments of the faid Cafliier, and the Vouchers relating thereunto, in order to prevent any Fraud, -Negligence or Delay; and that all and every the ferfons and Corporations whatfoever, T!lere Annuities who fliaii be entitled to any_ of the fame Annuities fo to be payable by the Cafliier of the Bank of Eng- * r !r ^ ettom la :;d for the Time being, purfuant to this Aft,, and all Perfons lawfully claiming under them fliall be ] iab 'i e t ' t - orei ° pollened thereof as a Perfonal Efiate, and the fame fliall not be defcendable to the Heir, and fliall not be Attachment/ liable to any foreign Attachment by the Cullom of London, or othtrwife; any Law, Statute or Cuftom to the contrary notwithftanding. XXIX. And be it further enafted by the Authority aforefaid, That all the Principal Monies for which The Principal the faid feveral and refpeftive Annuities fliall be payable by the faid Cafliier of the Bank of England for the Monies fliaii .Time being, fhall be deemed, reputed and taken to be one Capital or Joint- flock, on which the faid An-^ a phaTstod- nuities fliaii be attending; and that all Perfons and Corporations, in proportion to their refpeftive Annui- ties, fhall have a Share in fuch Stock ; and that all fuch Shares fhall be affignable, transferrable and devife- able, in the fame A'lanner as is prefcribed by Aft or Afts of Parliament made in the firft Year of hisaflighabie,'&c. Majefty's Reign, touching the Annuities after the Rate of five Pounds per- Centum per Annum therein nien- £; ™ a, "i ; ro •iioned; and that no Stamp Duties whatfoever fliall be chargeable on fuch Transfers ; and that'the faid Go- ' c eo ; lm Stat " vernor and Company of the Bank of England, (notwithftanding the Redemption of all or any of their owiiN-. stumps on Funds or Annuities in purfuance of the Afts for eftablifhing the fame, or any of them) fhall continue a Transfers. — Corporation, to all Intents and Purpofes, relating only to the receiving, paying or accounting for the faid B - ,nk a Cos-po-f A nnuities fo payable by their Cafliier, till the fame fhall be redeemed by Parliament, according, to, this .Aft ; ti ',°"' j? 11 Aa .- and that the faid Governor and Company of the Bank of England, or any Members thereof, fliall not nJ incur any Difabilty for or by reafon of their doing any Matter or Thing in purfuance of this Aft. Q_2 . XXX.