Page:Ruffhead - The Statutes at Large - vol 3.djvu/550

 502 C. 3. Anno quarto Gulielmi 8c Marine. A. D. 1692. nors for the Management and Receipt of the Excifc, and be incapable of any Office or Place of Truft • whatfoever, and fhall be liable to pay the full Value of any Sum or Sums fo diverted or mifappiied, to any Perfon or 'Pcifons, who will fue for the fame, by any Aftion of DeJ)t, Bill, Plaint, or Information, in any cf their Majefties Courts of Record at Wejiminjier, wherein no tffoin, ProtecSion, Wager of Law, Privilege of Parliament, or otiier Privilege, or more than one Imparlance, fhall be granted or alloMred. Thcfe Duties to VII. And be it further enadled. That all the faid Sums fo as aforefaid appointed, to be 'paid weeklyinte be a Fund. ^^ Receipt of the Exchequer, during the faid Term of ninety and nine Years, fhall be the yearly fund {tit the fevera! and refpeclive Purpofes herein after rnentioned and expreffed, Nstiifcs andFo- VIII. And be it further enabled. That it fhall and may be lawful for any Perfons, Natives or Foreigners, rcignersmay to Contribute towards the advancing of the faid Sum of ten hundred thoufand Pounds, for the Purpofes contribute aforefaid, by paying into the Receipt of their Majefties Exchequer, at any Time before the firft Day of •b'-f°°'M°'' Mayont thoufand hx hundred ninety and three,_ fuch Sum or Sums of Money, and upon fuch Terms re- ' ^ °" ^y- fpettively, as herein after mentioned and expreffed (that is to fay) that out of the Monies arifmg by virtue loojoocsl. fobe of this Ait, the Sum of one hundred thoufand Pounds yearly, until the four and twentieth Day ai Juni yearjydiftributed one thoufand feven hundred, be feparated and kept apart, as the yearly Fund to be divided amongtt the till Ann. 1700 Perfons contributing to the raifing the faid Sum of ten hundred thoufand Pounds ; and that from and after 7ooool™^" the faid four and twentieth Day of June one thoufand feven hundred, out of the Monies arifmg by xartue of this A61, the Sum of feventy thoufand Pounds be yearly feparated and kept apart, as the yearly Fund, Contributor of to be divided as herein after is mentioned ; that any Perfon vvho will become a Contributor, (hall and may lool. to receive advance the Sum of one hundred Pounds at the lealf, for v/hich Sum fo advanced he is to name to the Au- a Sliare during ditor of the Receipt, or the Clerk of the Pells in the Exchequer for the Time being, his own, or fome the Life vyhich ofhej- Ljfe^ during which he fhall be intided to receive a Share or Dividend of the faid yearly Fund, a$ Any Perfon may ^'^'^^^'■^ '* expreffed ; that every Contributor may advance as many Sums of one hundred Pounds as he contribute as ihall think fit, for which Sums fo advanced he is to name to the Auditor of the Receipt, or the Clerk of many Hundreds the Pclls for the Time being, one or m.ore Life or Lives (fo as no more Lives be named, than there are as he picafcs. diftindt hundred Pounds advanced) during which Life or Lives he fliall be intitled to receive fo many be mmrf" '" Shares or Dividends of the faid yearly Fund, as there are hundred Pounds by him advanced ; that all the Hiid Lives (hall be named by the feveral Contributors, their Executors, or Adminiftrators, or fuch as fhall- be employed by them to pay in the faid Sums, within fourteen Days after the four and twentieth Day of Books to be kept y««i? one thoufand fix hundred ninety and three : That in the faid Office of Auditor of the Receipts, of the Names of and in the OiHce of the Clerk of the. Pells feverally, there be provided and kept one or more Book or IndNomi'ne"es°"-^°<^^S' ^^^ "^^^^^h fhall be fairly entred the Names of all who_ fliall be Contributors, and of all Perfons by and the Sums ' whofe Hands the faid Contributors (hall pay in any of the faid Sums, and alfo the feveral Sum's fo paid, and xojitributcd. the Time when the fame are refpeftively paid, the faid Entry to be made upon Payment of the faid Sumsj and alfo in the faid Books there fliall be entred the feveral Nominees, for whofe Lives refpeftively the feve- ral Dividends of theXaid yearly Fund fliall be payable, at the Times when the fame fliall be nominated as, -aforefaid : To which Books it fliall be lawful for the refpciStive Contributors, their Executors, Adminiftra- tors, and Affigns, from Time to Time, at all feafonable Times, to have Refort, and to infpeft the fame Contributor up- v/ithout Fee or Reward: And as well the faid feverial Contributors, as the faid Nominees, fhall be de- on Payment of fcribed ill the faid Books by their Chrifl:ian and Surnames, Additions, Places of abode, and other Defcrip- have^Tau' a*d" *°"^' '^^^'^^ fhall b eft afcertain the Perfons ; and every Contributor, upon Payment of the Sum of one or Order for^ his "lore hundred Pounds as aforefaid, {hall immediately have one or more Tally or Tallies levied, importing the Share. Jleceipt of the Confideration Money, for which the Contributor is to receive one or more Shares or Divi- dends of the faid yearly Fund, during the Life or Lives of the Nominee or Nominees, whether fuch No- minee be the Contributor himfelf, or herfelf, or any other Perfon, and an Order for Payment thereof ac- ■Oi;3er not made cordingly, bearing the fame Date with the Tally ; which Orders fhall be figned by the Commiffioners of vafrRCTora'tF the Treafury, or any three or more of them, now being, or by the IVeafurer of the Exchequer, or any on of anyOffi- three or more of the CommifTioners of the Treafury for the Time being ; and after the figning thereof^ cer. the fame fhall be firm, good, valid, and effeftual in the Law, according to the Purport and (rue Meaning The whole year- thereof, and of this A£t, and fhall not be determinable by or upon the Deaths or Removal of any Com- ly Funds pro|)or- jj^;fl^Qjiers or Commiffioner of the i reafury, or Lord High Treafurer, or Treafurer .of the E.w'hcjua; the"conu^butors °'' ^Y or upon the Determination of the Power or Office of any Commiffioner or CommiiTioners of the jfihewhole Sum Treafury, or Lord High Treafurer, or Treaiurer of the Exchequer, nor fliall any Commiffioners of the be advanced. Treafury, or Lord High Treafurer, orTxe-^^aKx oi the. Excheqzier, now or for the Tim« being, have Pow- Payable half er to revoke, countermand, or make void fuch Orders fo figned as aforefaid, or any of them. And ths - yearly. faid refpedlive yearly Funds of one hundred thoufand Pounds, and feventy thoufand Pounds (in cafe the ■whole Sum of ten hundred thoufand Pounds fhall be advanced upon Credit of the faid Funds) (hall be equally divided amongfc the Contributors, their Executors, Adminiftrators or Affigns, during the Li, es of their refne£five Nominees, in proportion to the Sums by them advanced, yearly and every Year, by two. equal half yearly Payments, that is to fay, the four and twentieth Day of Dcceyiiber, and the four and twentieth Day of June ; the firft Payment to be made the four and twentieth Day of December one thou- ■■Survlvors to fan d fix hundred ninety and three ; and upon the Death of every Nominee, the Share or Shares of the' ^f the'^Dl-HW ' ""*^^' which was or were payable during his Life, fhall be equally divided amongft the reft of the the Nominees" Contributors, whofe Nominees (hall be living; and fo from Time to Time upon the Death of every No-, till only feven mmee, ivhatfoeVer Share or 'Dividentl was payable during the Life of fuch Nominee, (hall be equally di- ke kft/and. then vitled amongft' the rsft of tKe Contributors, thvir Executors, Adminillrators, and Affigns, during the Lives of