Page:Ruffhead - The Statutes at Large - vol 7.djvu/57

A. D. 1747. Anno vicefimo Georgii II. C. 3. i^ LIV. Provided always. That any Perfon or Perfons poflefled of fuch Stock, with the Annuity or An- Annuities te- nuities attending the fame, or any Eftate or Intereft therein, may devife the fame, by Will in Writing, at- viieablc, &c. telted by two or more credible Witnefles; but that fuch Devifee fliall receive no Payment thereupon, till fo much of the faid Will, as relates to the faid Stock or Annuity, be entered in tiie faid Office; and in In Default cf Default of fuch Transfer or Devife, the faid Stock and Annuities attending the fame, (hall go to the Exe- Deviie, &c. to cutors or Adminiftrators; and that no Stamp Duties whatfoever fhall be charged on the faid Transfers or ^'='^"""^- any of them ; any other Law or Statute to the contrary notwithflanding, LV. Provided always, and it is hereby enacSted by the Authority aforefaid. That the faid Governor and The Bank to Company of the Bank of England., and their Succeffors (notwithftandiag the Redemption of all or any cominuc-a Com- their own Funds, in puriuance of the Aits for eilablifhing the fime, or any of them) fliall continue a Cor- P^"-^ '.'" ^: poration, with all the Powers, Privileges and Advantages thereunto belonging, for the Purpofes in this Aft Amimt^e^"' exprefled, til! all the Annuities to be purchafed on this Aft fhall be redeemed by Parliament, according to the Provifo herein after contained in that Behalf ; and the faid Governor and Company, or any Members thereof, {hall not incur any Dif .bility, for or by reafon of their doing any Matter or Thing in purfuance of this ASt. LVI. And it is hereby enaiSled by the Authority aforefaid, That no Fee or Gratuity whatfoever fhall be No Fee for Pav- demanded or taken of any of his Majefty's Subjefls for receiving or paying the laid Contribution-monies, ment of Contri'- or any of them, or for any Tallies or other Receipts concerning the fame, or for ifliiing the Monies for bution-money. paying the faid feveral Annuities, or any of them ; and that no Fee or Gratuity fliall be demanded or taken Transfers to be for any Transfer of any Sum great or fmall, to be made in purfuance of this Act ; upon Pain that any Of- giatis. ficer or Perfon offending, by taking or demanding any Fee or Gratuity contrary to this Aft, fhall forfeit the Sum of twenty Pounds to the Party grieved ; to be recovered with full Cofis of Suit, in any of his Ma- Penalty, jefly's Courts of Record at Wcjhninjhr. LVII. Provided always, and be it enafted by the Authority aforefaid. That the Commilfioners of the Salaries for Treafury, or any three or more of them now being, or the High Treafurer, or any three or more of the Calhicrs, &c, Commiffioners of the Treafury for the time being, fhall have Power, and they are hereby authorized to fettle and appoint fuch Allowances (out of the Contributions to the Annuities granted by this Aft) as they fliall think juft and reafonable, for the Service, Pains and Labour of the Cafhier or Cafhiers of the Go- vernor and Company of the Bank ol England, for receiving and accounting for the faid Contributions ; and alfo fuch further Allowances (out of the frid feveral Rates and Duties by this Aft appropriated) as they fhall think jufl and reafonable, for receiving, paying and accounting for the feveral and refpeftive Annui- ties payable in refpeft thereof; and alfo for the Service, Pains, and trouble of the Accomptant General of the faid Governor and Company for performing the Duty and Trufl incumbent or him by this Aft: All which Allowances hereby impowered to be made as aforefaid, in refpeft of the Service, Pains, and Labour of any Officer or Officers of the faid Governor and Company, fhall be for the Ufe and Benefit of the faid Governor and Company, and at their Dilpofal only ; any thing herein contained to the contrary notwith- flanding. ' LVIIL And whereas the faid Duties upon Houfes granted by the firft herein recited Aft of the feventh ' and eighth Years of the Reign of his late Majcfty King William the Third, are (together with fundry • other Duties and Revenues, commonly called The General or Aggregate Fund) charged with, and liable to ' pay feveral Annuities and other Payments, to feveral Corporations and other Perfons intitled thereunto; ' and it may fo happen, that by repealing the faid Rates and Duiiss upon Houfes, the Funds charged with ' the Payments aforefaid may prove deficient: And whereas by a Medium of five Years, computed from ' the twenty-ninth Day of September one thoufand feven hundred and forty-one, the Sum of ninety-one ' thoufand four hundred eighty-five Pounds and fix Pence three Farthings, is taken to have been the annual ' Produce of the faid Rates and Duties upon Houfes to the faid Fund, towards anfv/ering the feveral Pay- ' ments aforefaid :' To the end therefore that no Perfon or Perfons, Bodies Politick or Corporate whatfo- ever, who are intitled to any Part, Share, or Interefl in the Monies arifmg by the faid Rates and Duties upon Houfes, may be Lofers, or receive any Prejudice by the repealing thereof as aforefaid ; Be it enafted by the Authority aforefaid. That from and after the faid twenty-fifth Day of iW^rf^ one thoufand feven 91,4851. 6 cf. hundred and forty-feven, there fliall be referved and fet apart at the Exchequer, and applied to the faid Ge- three Farthings neral or Aggregate Fund in the firft Place, out of the Monies to arife into the faid Receipt, of or for the '° '^^ '^t ■^p.^": Rates and Duties by this Aft granted, the yearly Sum of ninety-one thoufand four hundred eighty- five f""'"'"^' Pounds and fix Pence three Farthings, being the aforefaid Medium of what hath been annually produced to g",^ Fund^"^'" the faid General or Aggregate Fund, by the faid Rates and Duties upon Houfes, by this Aft repealed as afore- faid, towards Payment of the feveral Annuities, and other Payments charged on the faid Fund ; any thing herein contained to the contrary thereof in any wife notwithftanding. LIX. And be it further enafted by the Authority aforefaid. That after referving, or fetting apart the faid The Surplns yearly Sum of ninety-one thoufand four hundred eighty-five Pounds, and fix Pence three Farthings, herein M .nics h.jw to before direfted to be applied to the faid General or Aggregate Fund, out of the faid Rates and Duties by this Reapplied. Aft granted as aforefaid, all the reft and refidue of the Monies arifing into the Exchequer of or for the faid Rates and Duties, fhall, froin time to time, be ilTued and applied to fatisfy and pay the feveral and refpec- tive Annuities, and other Charges by this Aft charged upon and made payable out of the fame, at fuch Times, and in fuch Manner, as is herein before direfted in that Behalf, until Redemption thereof by Par- liament as aforefaid. ' LX. And whereas a certain Annuity or yearly Sum of feventy-four thoufand three hundred thirty-four • Pounds, and eleven Pence, is now charged upon, and payable to the Soiith-Sea Company, nut of the • Rates and Duties upon Coals, Culm and Cinders, and the faid additional Rates and Duties upon Houfes, "* granted by the before recited Aft of the eighth Year of the Reign of her faid late Maiefly Qiieen Anne : 'And