Page:Ruffhead - The Statutes at Large - vol 5.djvu/90

5© C. 19. Anno primo Georgii Regis. Stat. 2. A. D. 17 14, now being, or of the High Treafurer, or Commiffioners of the Treafury of his Majefty, his Heirs and SuccefTors 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 Ex- chequer, to the faid Firft or Chief Cafhier of the faid Governor and Company of the Bank of England, and of their Succeflbrs for the Time being, by way of Impreft, and upon Account, for the Payment of the faid Annuities to be purchafed upon this Act, at fuch Times, and in fuch Manner and Form as are. by this Ac~i prefcribed in that Behalf; and that all and every fuch Cafhier o'rCamiers, to whom the laid Monies fhall from Time to Time be iffued, fhall 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. Accountant Gc. IX. And it is hereby alfo enacted, That the faid Accountant General for the Time being fhall, from. thl RMdptfof TIm . e t0 Time 5 'nfpea and examine all the Receipts and Payments of the faid Cafhier, and the Voucher* the Cafhier. relating thereunto, in order to prevent any Fraud, Negligence or Delay ; and that all and every Perfon and Perfons wh'atfoever, who fhall be entitled to any of the faid Annuities after the Rate of five Pounds per Centum per Annum, and ail Perfons lawfully claiming under them, fhall be poffefled thereof, as of a Annuities a Per- p'erfonal imitate, and the fame fhall not be defcendable to the Heir, and fhall not be liable to any Foreign ate ' ' c " Attachment by the Cuftom of London, or otherwife; any Law, Statute, or Cuflom to the contrary not- withftanding. Ill Cent" 'for' ' "^' And for t . he Encouragement of the Contributors to advance and pay readily to the faid Cafhier the pic-nut Pay- ' Sums by them intended to be advanced upon this Act;' it is provided and enadted by the Authority ment. aforefaid, That every fuch Contributor who fhall advance and pay to the faid Cafhier within the 1 imes li- mited by this Act, the Purchafe-money payable for any Annuity cr Annuities at the Rate aforefaid, his,, her or their Executors, Adminiftrators, SuccefTors and Affigns refpecStively, fhall be allowed and paid out. of the Contribution-money arifing by this Act, Intereft after the Rate of eight Pounds per Centum per An~ num, for the prompt Payment of the Purchafe-money, or of fuch Proportions of the Purchafe-money as fhall be fo advanced before the twenty-ninth Day of September one thoufand feven hundred and fifteen j the faid Intereft to be computed for the refpedtive Sums fo advanced and paid to the faid Cafhier, from the Time or refpedtive Times of the a&ual advancing and paying the fame to the fa:d Cafhier, until the faid twenty-ninth Day of September one thoufand feven hundred, and fifteen. All the Monies XI. And be it further enacted by the Authority aforefaid, That all the Monies to be advanced or con- joim.ftock,&c! tributed u P on tn ' s A< ^ f° r or towards the faid Sum, not exceeding nine hundred and ten thoufand Pounds-,- »a Geo. i. c. z. fhall be deemed, reputed and taken to be one Capital or Joint-ftock, on which the faid Annuities, after the Rate of five Pounds per Centum per Annum, fhall be attending ; and that all and every Perfon and Per- fons and Corporations whatfoever, in proportion to the Money by him, her or them advanced upon this Act, fhall have and be deemed to have an Intereft or Share in the faid Stock, and in the proportional Annui- ty attending the fame, at the Rate aforefaid, for the Monies fo by him, her or them advanced ; and that the faid Capital or Joint-ftock, or any Share or Intereft therein, and the proportional Annuity attending the fame, fhall be affignable and transferrable as this Act directs, and not otherwife ; and that there fhall A T r ? Esft y Eo ? k be conftantly kept at all reafonable Times in the Office of the faid Chief Accountant for the Time being, Chief Accoun- 6 w ' tmn £ ^ e *^^*y oi: London, a Book or Books, wherein all Affignments or Transfers of the faid Stock, or ta»t, &ci any Part thereof, and the proportional Annuity attending the fame, at the Rate aforefaid, fhall be entred and regiftred, which Entries fhall be conceived in proper Words for that Purp'ofe, and fhall be figned by the Parties making fuch Affignments or Transfers, or (if fuch Party be abfent) by his, her, or their At- torney thereunto lawfully authorized by Writing under his, her, or their Hands and Seals, to be attefted by two or more credible Witneffes ; and that the Perfon or Perfons to whom fuch Transfer fhalj be made,, do underwrite his, her, or their Acceptance thereof; and that no other Method of affigning or transferring the faid Stock and Annuities attending the fame, or any Part thereof, or any Intereft therein, fhall be good or available in Law. Devifesof An- XfL' Provided always, That any Perfon or Perfons pofTeffed of fuch Stock, with the Annuity or An- nuities to be en- nuities attending the fame, or any Eftate or Intereft therein, may devife the fame by Will in Writing, at- tredin the tefted by two or more credible Witneffes, but that fuch Devifee fhall receive no Payment thereupon, till fo much of the faid Will as relates to the faid Stock or Annuity, be entred in the faid Office, and in De- fault of fuch Transfer or Devife, the faid Stock and Annuities attending the fame, fhall go to the Executors No Stamp. or Adminiftrators ; and that no Stamp-duties whatfoever fhall be chargeable on the faid Transfers, or any duties. of them; any other Law or Statute to the contrary notwithftanding. AfTigneeof XIII. And it is hereby enacted and declared, That all Perfons who fhall accept any Alignment or Stock liable to Transfer of any Stock from any Contributor, who fhall have paid only Part of the Contribution-Money pay theRci; due f or ^g f arn e, to the Ufe of the Publick, fhall be liable to pay the Refidue of the faid Contribution-money, mone" r &c tl0r> an ^ to f uc ^ Forfeitures for Non-payment thereof, as the original Contributor would have been liable if no ' fuch Transfer had been made. No Contribution XIV. Provided always, That no Perfon or Perfons whatfoever fhall or may purchafe or obtain, or be after 29 Sept. admitted to purchafe or obtain any of the Annuities at the Rate aforefaid, upon this Act, unlefs the Whole 37IS- or one Fifth Part at leaft of the Confideration-money for the fame, at fuch Rate as aforefaid, be advanced and paid to the faid Cafhier on or before the faid twenty-ninth Day of September one thoufand feven hun- dred and fifteen. Penalty for not XV. Provided alfo, That in cafe any fuch Contributor, as aforefaid, who fhall on or before the faid Tunes' ai-' ' twenty-ninth Day of September one thoufand feven hundred and fifteen, have advanced to the faid Cafhier pointed, °ne