A. D. 1759' Anno tricefimo tertio Georgii II. C. 7, 417 the Purchafe of the faid Annuities, or to which they fhall become intitled by virtue of this A£l, ftiall have and be deemed to have a proportional Intereft and Share in the faid Stock, and in the faid Annuities attending the fame, after the Rates refpedlively as aforefaid; and that the faid v^hole Ca- Mi made transferable. pital or Joint Stock, or any Share or Intereft therein, {hall be aflignable and transferrable as this A61 direds, and not otherwife. LIX. Provided alfo, and it is hereby enacted by the Authority aforefaid. That at any Time Claufe of Redemption. after the Expiration of twenty-one Years, to be reckoned from the fifth Day of January one thou- fand feven hundred and fixty, and not fooner, upon fix Months Notice to be printed in the London Gazette, and fixed upon te Royal Exchange
London, and upon Repayment by Parliament of the
faid Sum of eight millions, and of the faid additional Capital, or any Part thereof, by Payments not lefs than five hundred thoufand Pounds at one 7"ime, in fuch Manner as fhall be directed by any future A6t or A6ls of Parliament in that Behalf, and alfo upon full Payment of all Arrearages of the faid Annuities; then, and not till then, fuch and fo much of the faid Annuities as fhall be at- tending on the principal Sums fo paid ofi:, fliall ceafe and determine, and be underllood to be re- deemed ; and that any Vote or Refolution of the Houfe of Commons, fignified by the Speaker in Writing, to be inferted in the London Gazette, and affixed on the Royal Exchange in London as afore- faid, fhall be deemed and adjudged to be fufficient Notice within the Words and Meaning of this A6t. LX. And be it further enaded by the Authority aforefaid. That Books Ihall be conftantly kept 7'""^/° ^°°5 to b; by the faid Accomptant General for the Time being, wherein all Affignments or Transfers of the kep^^by 'he Accomptar.t faid Annuities fliall, at all feafonable Times, be entered and regifteredj which Entry (hall be con- f^g^j^g.' c^ r • ceived in proper Words for that Purpofe, and fhall be figned by the Parties making fuch Affign- stock. ^ " '"'"^ ments or Transfers, or if fuch Parties be a*bfent, by their refpeclive Attornies thereunto lawfully authorized in Writing under their Hands and Seals, to be attefted by two or more credible Wit- nefles ; and that the feveral Perfons to v/hom fuch Transfers ftiall be made, fiiall refpedlively under- write their Acceptance thereof; and that no other Method of afligning and transferring the faid An^ nuitics, or any Part thereof, or any Intereft therein, fhall be good or available in Law. LXI. Provided always. That all Perfons pofiefied of any Share in the faid Joint Stock of Annuities, Annuities cevifeabie by or Eftate and Intereft therein, may devife the fame by Will in Writing, attefted by two or more " credible Witnefles; but that no Payment fliall be made upon any fuch Devife, till fo much of the Entry to be made of fuch faid Will as relates to any Share, Eftate or Intereft in the faid Joint Stock of Annuities, be entered ^'^"'^ m the WiU. in the faid Office; and that in Default of fuch Transfer or Devife, fuch Share, Eftate or Intereft in the faid Joint Stock of Annuities, fliall go to the Executors or Adminiftrators ; and that no Stamp Transfer notliable to Duties whatfoever ftiall be charged on any of the faid Transfers; any Law or Statute to the con- ^^^'"f D"t"^s. trary notwithftanding. LXII. Provided always, and be it enabled by the Authority aforefaid. That out of the Monies Trcafur) to pay all ind- arifing from the Contributions towards raifing the faid Sum of eight millions, any three or more of ^^"^ J-^^'^s*'^ attending the Commiffioners of the Treafury, or the High Treafurer for the Time being, fliall have Power to ^^ "ecution o t us difcharge all fuch incident Charges as fliall neceffarily attend the Execution of this A&, in fuch Manner as to them fhall feem juft and reafonable; and alfo to fettle and appoint fuch Allowances*""^ ^'^ make an A]Jow- as ftiall be thought proper, for the Service, Pains and Labour of the faid Cafliier or Caftiiers, for ^""^^ !a,Jt clnerll • "** receiving, paying and accounting for the faid Contributions ; and alfo fhall have Power to make ^ ^" enera j out of the Fund hereby eftabliflied, or out of the Sinking Fund, fuch further Allowances as (hall be judged reafonable for the Service, Pains and Labour of the faid Cafliier or Cafliiers, for receiving. Paying and accounting for the faid Annuities, payable by virtue of this A61: ; and alfo for the Service, ,ains and Labour of the faid Accomptant General, for performing the Truft repofed in him by this A<5t; all which Allowances to be made as aforefaid in refpedi to the Service, Pains and Labour of [^^^^'_[^f '^'/^■'^! "^ any Officer or Officers of the faid Governor and Company, fliall be for the Ufe and Benefit of thCpany of-^7Bank. *^"'" faid Governor and Company, and at their Difpofal only. LXIII. Provided always, and be it further enaded by the Authority aforefaid. That the faid Go- Bank to continue a Cor- vernor and Company of the Bank of £;7^/^«</, and their Succeflbrs, notwithftanding the Redemption gJJ'^°"^^'^'j^'^^^^ of all or any of their own Funds, in purfuance of the Ads for eftablifliing the fame, or any of them, ' ' ^^ seme., i. fliall continue a Corporation till all the Annuities, by this Ad granted, ihall be redeemed by Par- liament, according to the Provifo herein before contained in that Behalf; and that the faid Gover- nor and Company of the Bank oi England, or any Member thereof, fliall not incur any Difability for or by reafon of their doing any Matter or Thing in purfuance of this A6t. LXIV. And be it further enadted. That no Fee, Reward or Gratuity whatfoever, fhal! be de- No Fee for Paympnt of manded or taken of any of his Majefty's Subjects, for receiving or paying the faid Contribution ^<="^"^'°" '*^^°'^"i' Monies, or any of theni,_or for paying the faid feveral Annuities, or any of them, or for any Tranf- fer of any Sum great or fmall, to be made in purfuance of this Aft ; upon Pain that any Offender or Perfon offending, by taking or demanding any fuch Fee, Reward or Gratuity, fliall forfeit the Sum of twenty Pounds to the Party aggrieved, with full Cofts of Suit; and that all Receipts and Iffues, and all other Things direeted by this AcSt to be performed in the Exchequer, fliall be done or per- formed by the Officer there, without demanding or receiving, direcStly or indiredly, any Fee, Re- ward or Gratuity for the fame; and in cafe the Officers of the Exchequer fliall take or demand any P^"'^^:'"* fuch Fee or Reward, or fliall mifapply or divert any of the Monies to be paid inro the Exchequer upon this Adt, or fhall pay or illiie out of the fame, otherwife than according to the true Intent cf this Ait, or fhall not keep fuch Books, Regifters or make Entries, and do and perform all Things which by this Act they are direded and required to do and perfoim; every fuch Offender fhall forfeit Vol. VIII. Hhh his
