Page:Ruffhead - The Statutes at Large - vol 8.djvu/628

This page needs to be proofread.

594- ^* ^^' Anno fecundo Georgii III. A. D. i76ii General, for the Pur- and their Succeffors, fhall, from Time to Time, during the Continuance of the faid Annuities after p.fesof this Aa. the Rate of four Pounds for every one hundred Pounds capital Stock, and until the faid Annuities after the Rate of three Pounds for every fuch one hundred Pounds capital Stock, fhall be redeemed' and until the £:id Annuities for the certain Term of nin.ty-eight Years fhall be determined appoint and employ one or more fufficient Perfon or Perfon within their Office in the City of London to be their cliiet or firft Cafliicr or Cafhiers, and one other fufficient Perfon within the fame Office' to be for this Pur- Annuities, " the Com- without any further or oihcr Warrant to be fued for, had, and obtained, in that Behalf, from 7^ ime to Time, at the refpeclive Days of Payment in this A6t appointed for Payment thereof, be ilfucd and paid at the foid Receipt of Exchequer, to the fLiid firft or chief Cafhier or Cafhiers of the faid Go- vernor and Company of the Bank oi England^ and their Succeffors, for the Time being, by way of Impreft, and upon Account, for the Payment of the faid feveral and rcfpedive Annuities, payable who is to pay the fame by virtue of this A(5l ; and that fuch Cafh^er or Cafhiers, to whom the (ixid Monev fhall from Time a.LcoAimt'ly, anJaccoiinttoTime be iiTued, fliall, from Time to Time, without Delay, pay the fame accordingly, and render With tbe Excheqjer, j^j^ ^^ their Accounts thereof according to the due Courfe of the Exchequer. A-comptant General to XV. And be it further enacted by the Authority aforefaid. That the faid Accomptant Gene- exa^ne all Receipt, and ral for the 7'ime being fhall, from Time to Time, infped and examine all Receipts and Payments ^^xT^t^WoTlixt '^^ the faid Cafhier or Cafhiers, and the Vouchers relating thereto, in order to prevent any Fraud, Negligence, or Delay ; and that all Perfons who fhall be intitlcd to any of the Annuities hereby Annuities deemed a granted, and all Perfons lawfully claiming under them, fhall be poflelTed thereof as of a Perfonal Perfonal Efttte. Eftate, which fhall not be defcendible to Heirs, nor liable to any Foreign Attachment by the Cuftom of Z<;;.'^<?.v, or otherwife ; any Law, Statute, or Cuftom to the contrary notwithftanding. Annuities with refpeft XVi. And be it further enabled by the Authority aforefaid. That all the Monies to which any ^°tl o^ *^f ""* ^^ Perfon or Perfons fhall become intitled by virtue of this Aa, in refpeft of any Sum advanced or con- are 'm^^°c'nt]t^vx ^^fibuted towards the faid Sum of nine millions fix hundred thoufand Pounds, on which the faid An- Stock^ transferraWe at nuities of four Pounds, or of three Pounds per Centum per Annum fhall be attending, fliall be added the Bank-, with thcfe to, and made one Joint Stock of transferrable Annuities at the ^2iV^oi England^ with the Annuities granted by the Ait of granted by an AiSt made in the thirty-third Year of the Reign of his late Majefly King George the 33 to. 2. c. 7. Second ; and which by an Act made in this prefent SefTion of Parliament, intituled. An A^ for char- % Cio. 3. t. 9. ^i^j^ certain Annuities granted in the Tear one thoufand f even hundred and fixty.^ on the Sinking Fwid and for carrying th.; Duties therein mentioned to the faid Fund -., and for makingforth Duplicates of Exchequer Bills^ Tickets, CertificatcSy Receipts, Annuity Orders, and other Orders, loji, burnt, or otherwife de~ Jiroyed; are charged upon and made payable out of the Sinking Fund ; and alfo with fuch other four Pounds /)tr Centum Annuities transferrable at the Bank ol England, as fliall, by any other A(3: of this prefent Seffion of Parliament, be charged upon, and made payable out of, the Sinking Fund; fubject . Sutjea to Redemption ncverthclcfs to Redemption by Parliament, in fuch Manner, and upon fuch Notice, as in the faid b/ Parliament. Aft made in the thirty-third Year of his late Majefty's Reign is direfted, with rcfpeft to the Re- demption of the Annuities thereby granted ; and that all and every Perfon and Perfons, and Corpo- rations whatfoever, in proportion to the Money to which he, fhe, or they, fnall become intitled as aforefaid, by virtue of this A(fl, fhall have, and be deemed to have, a proportional Intereft and Share in the faid joint Stock of Annuities. Books to be kept at the XVII. And be it further enaftcd by the Authority aforefaid, That Books fliall be conflantly kept OfficTEren?er'ineall ^V ^"^^ ^^^^ Accomptant General for the Tinie being, wherein all AiTignments or Transfers of all AiTignmentsandTranf- Sams advanced or contributed towards the faid Sum of nine millions fix hundred thoufand Pounds, fcrs. and two millions four hundred thoufand Pounds rcfpedlively, fliall, at all feafonable Times, be entered Mv'.hcd of transferring, and rcgiflered ; which Entry fnall be conceived in proper Words for that Purpofe, and fhall be figned by the Parties making fuch Aflignments or Transfers; or if fuch Parties be abfent, by their refpedt- jve Attorney or Attornies thereunto lawfully authorized, in Writing, under his or their Hand and Seal, or Hands and Seals, to be attefted by two or more credible Witneffes ; and that the feveral Perfons to whom fuch Transfers fliall be made, fhall refpecftively underwrite their Acceptance there- of; and that no other Method of aiTigning and transferring the faid Annuities, or any Part thereof,, or any Intereft therein, fhall be good or available in Law. S'.ares er interert in XVIII. Provided alfo, I'bat all Perfons poftcfrcd of any Share or Intereft in either of the faid-

  • ^t'*be°Lvifcd*b'* WilP ^^^^^ ^'^ '^'"'""'^ ^'^ any Eftate or Intereft therein, n;ay devife the fame by Vv ill, in Writing,.

ni.iyje tvi c y 1 , jj^j^^^j y^^ j.^^ qj. niorc credible Witneftes; but that no Payment fhall be made upon any fuch De- " rv ' ff hT <■ ^*'*' * ^'^ much of the faid Will as relates to fuch Share, FJlate, or Intereft, in the faid Stocks of f"rort>e..fc it'jieciKc'rr-A-nnuities, be entered in the faid Office; and that, in Default of fuch Transfer or Devife, fuch &c. intititd theieto, 'Share, Eftatc> or Intereft, in the faid Stocks of Annuities, fliall go to the Executors, Adminiftratois, 'Irani en to be without SuccelFors and A fTi^ns ; and that no Stamp Duties whatfoever fhall be charged on any of the faid ^'•'"T"- Tr.insfers ; any Law or Statute to the contrary notwithftanding. 'i reafory impowered to XIX. Provided always, and be it enabled by the Authority aforefaid. That out of the Monies di'di^r^e all incident arifiiig from the Contributions towards raifing the faid Sum of twelve millions, any three or more of ChirEewtttr.amE tU t^c CommiiTioncrs of the Trcafury, or the Fligh Trcafurer for the Time being, fhall have Power Exe.utiono. ihuAfij ^^^ jifj-harge all fuch incident Charges as fhall neceffarily attend the Execution of this Ad, in fuch and to fcalc the Allow- ^jj^^j^cf ^i. to tbcm IhuH fccm juft and reafonablci and alfo to fettle and appoint fuch Allowances as (ba/l