Page:Ruffhead - The Statutes at Large - vol 3.djvu/746

 Anno nono GULIELMI III. A. D. 1697. 690 C. 4, 5. thereof as defired. No one new Order to contain more than 5,000%. The Principal and Intereſt to be paid in Courſe. from time to time fhould become due and payable by virtue of any Talley or Orders fubfcribed into the Capital Stock of the Governor and Company of the Bank of England by virtue of the faid Act, as ſoon as conveniently might be, after the fame fhould be received out of the Exchequer or any publick Office by the faid Governor and Company, their Officers, Servants, and Agents, and at fartheft once in every four Months, thould be divided by the faid Governor and Company among the Members of the whole Corpo- ration, rateably and in Proportion to their ſeveral and reſpective Parts, Shares, and Interefts in the faid Capital Stock, for the particular, proper, and only Ufe and Behoof of the faid Members, feparately and in their private and perſonal Capacities, as by the faid Act, Relation being thereunto had, may appear: And whereas fince the enlarging the Capital Stock of the faid Governor and Company of the Bank of England, by Subſcription of Tallies and Orders purſuant to the faid Act, the making Dividends of fuch Monies at the End of every four Months is found to be very inconvenient, and a great Interruption to the Bufinefs of Transfers, Payments, and other Occafions of Perfons dealing with the faid Bank,' Be it Governor and therefore enacted and declared by the Authority aforefaid, That the faid Governor and Company of the Company of the Bank of England, or their Succeffors, fhall not be obliged to make Dividends of the Monies, which from Bank to make time to time fhall become due or payable to, and be received by the faid Governor and Company by virtue of the Tallies and Orders which have been fo fubfcribed into the Capital Stock of the faid Governor and Company of the Bank of England, purſuant to the faid Act of Parliament, once in every four Months: But the faid Governor and Company, and their Succeffors, are hereby required and enjoined from and af- ter the five and twentieth Day of March, which fhall be in the Year of our Lord one thoufand fix hundred ninety-eight, to make ſuch Dividends of the faid Monies once in every fix Calendary Months at the leaft, unto the Members of the faid Corporation, according to their reſpective Shares and Intereſts in the faid Capital Stock of the ſaid Governor and Company; any thing in the aforefaid Act to the contrary notwith- ftanding. Dividends once in fix Months. 12 & 13 W. c. 12. §. 14. 3. EX P. ( may for every 100l. paid for a fingle Life, ad- vance 561. more for converting the fame into a Term certain, for the Refidue of 96 Years. ( ( An Act for continuing the Imprifonment of Perfons not pay- ing in the faid Confiderat Money by 25 March 1698. CA P. IV. affaffinate the Perſon of His Sacred Majefty. CA P. V. An Act for fatisfying and diſcharging the Arrears of ſeveral Annuities, which incurred between the ſeventeenth Day of May one thoufand fix hundred ninety-fix, and the ſeventeenth Day of May one thouſand fix hundred ninety-ſeven. Fo C Cent. per Ann. 6 & 7 W. 3.c.5. OR raifing and diſcharging the Sum of two hundred fifty-five thoufand fix hundred fixty three Pounds five Shillings and eight Pence, which remains due and unpaid to fatisfy, clear, and pay off the fe- veral Annuities or Sums of Money, which between the ſeventeenth Day of May one thouſand fix hundred ninety-fix, and the feventeenth Day of May one thouſand fix hundred ninety-feven, incurred and became due, and ought to have been paid as well out of five feventh Parts of the late Duties of Tunnage of Ships and other Veffels, and out of two feventh Parts of the fame Duties, as alfo out of certain Duties charged upon Salt;' Be it enacted by the King's moft Excellent Majefty, by and with the Advice and Confent of the Lords Spiritual and Temporal, and the Commons, in this prefent Parliament affembled, and by the Perfons intitled Authority of the fame, That it fhall and may be lawful to and for any Perfon or Perfons, Natives or Fo- to Annuities for reigners, having any Eſtate for one Life, of and in any Annuity purchaſed or obtained at the Rate of one Life, at 141. per hundred Pounds for every fourteen Pounds per Annum, upon the feveral Acts of Parliament mentioned in an Act made and paſſed in the Parliament which was holden at Weftminfter in the fixth and feventh Years of His Majeſty's Reign (intituled, An Act for enabling fuch Perfons as have Eftates for Life in Annuities payable by feveral former Acts therein mentioned, to purchase and obtain further and more certain Interests in fach An- nuities, and, in Default thereof, for admitting other Perfons to purchaſe and obtain the fame, for raifing Money for carrying on the War against France) or any of them, at any Time before the five and twentieth Day of March one thoufand fix hundred ninety-eight, to advance and pay into the Receipt of His Majefty's Ex- chequer fo much Money as every or any fuch Annuity, being computed for four Years, doth or fhall amount unto (that is to fay) Every fuch Perfon fhall and may pay to His Majefty's Ufe for every one hun- dred Pounds that was paid for the fingle Life in any Annuity of fourteen Pounds per Annum, the Sum of fix and fifty Pounds more, for changing or converting the fame into a certain Term for the Refidue which hall be then to come of ninety-fix Years, to be reckoned from the five and twentieth Day of January one thouſand fix hundred ninety-five, or for a further Intereſt for the Refidue of the faid Term of ninety- fix Years, to take Effect after the faid Eftate for Life, and in the fame Proportion for higher or larger Annuities. Counter, and others, for the late horrid Conſpiracy to [Continued by 10 & 11 W. 3. c. 13.] C 6 II. And be it further enacted by the Authority aforefaid, That if any Perfon or Perfons, being intitled to any Eſtate for one Life in being, in any fuch prefent Annuity or Annuities, as aforefaid, or fuch as they fhall nominate, fhall not, before the faid five and twentieth Day of March one thouſand fix hundred ninety- eight, advance and pay into the Receipt of Exchequer, fuch Rate or Confideration Money as is before men- tioned, for changing fuch his, her, or their Eftate for Life into a Term certain, or for a future Intereſt, as aforefaid, that then and in every fuch Cafe it fhall and may be lawful to and for any Perfon or Perfons what- foever,
 * IV. And whereas by the Act before recited or mentioned, it was alfo enacted, That the Monies, which