Page:Ruffhead - The Statutes at Large - vol 4.djvu/336

 284 C. 1 1. Anno fexto Ann.e Reginae. A. D. I 707. 260,0001. re- ferved for dif- charging the <|uarterly Pay- ments. The half Subfidy, &c. appropriated for Payment of the Annuities. To be entred in a Bouk, &c. Conimiflioners and other Offi- cers, &c. to be appointed. ing to the true Meaning of this Aft, weekly to wit, on Wcdnefrlay in every Week, if it be not an an Holy- day, and if it be, then on the next Day after that is not an Holy-day. V. And for the better fecuring the quarterly Payments which fhall grow due upon the Annuities to be purchafed in purfuance of this A£t, before the Monies arifing by the half Subfidies and Duties be- fore-mentioned can take Place for Payment of the fame. Be it enafted by the Authority aforefaid. That the faid Sum not exceeding two hundred and fixty thoufand Pounds, Part of the Contribution Monies to be raifed by Sale of Annuities upon this AiSt, or fo much thereof as fhall be fufficient in this Behalf, fliall and may be referved and applied for and towards the difcharging the quarterly Payments laft- mentioned. VI. And be it further enacted by the Authority aforefaid, That the faid half Subfidies and Duties by this A(3: appointed to be paid into the Exchequer weekly for the Purpofes in this KSi. contained, as aforefaid, and the faid Sum not exceeding two hundred and fixty thoufand Pounds hereby direftej to be referved out of the Contribution-money as aforefaid, or fo much of the fame Subfidies, Duties, and re- ferved Monies as fhall be fufficient for anfwering the full and due Payment of all the Annuities to be pur- chafed on this Aft, and all Arrearages thereof from time to time incurred, are and fhall be by virtue of this Aft, liable antl appropriated thereunto, and fliall not be diverted or divertible to any other Ufe^ Intent, or Purpofe whatfoever, under the Penalties, Forfeitures, and Difabilities in this Aft- expreflcd ; and all the Monies arifing by the faid half Subfidies, Duties, and Provifions hereby made, out of which the faid Annuities to be purchafed upon this Aft are to be fatisfied, fliall be fairly and duly en- tred in one or more Book or Books to be kept in the Offices of the Auditor of the Receipt, and Clerk of the Pells for that Purpofe, to which all Perfons concerned at all feafonable Times fliall have free Ac- cef>, without Fee or Charge. VII. And to the End all the Monies by this Aft appropriated for Payment of the Annuities to be pur- chafed on this Aft, may be duly and certainly raifed and brought into the Receipt of the Exchequer for that Purpofe, it is hereby further enafted. That from time to time, during the Continuance of this Aft, there fhall be continued or appointed Commiffioners, and a Receiver or Receivers General, as alfo Comp- trollers, Colleftors, and other proper Officers for raifing the feveral half Subfidies and Duties by this Aft intended for the Payment of the Annuities to be purchafed thereupon, and for keeping the Accounts of the fame ; and that all Commiffioners, Receivers General, Comptrollers, Colleftors, and other Officers, who are or fhall be concerned in the managing, raifing, levying, receiving, collefting or paying the fame, or in keeping the Accounts thereof, fhall perform their feveral and refpeftive Duties therein, as to them re- fpeftively fhall appertain, under fuch and the like Penalties, Forfeitures, and Difabilities, for any Of- fence or Negleft therein, or for detaining, diverting, or mifapplying any Part of the faid Monies, as are prefcribed and to be inflifted by virtue of an A6t of Parliament made and palled in the ninth Year of ^ the Reign of his late Majefty King William the Third, of glorious Memory (intituled. An ASi for ra'ijing a Sum not exceeding two Millions, upon a Fund for Payment of Annuities, after the Rate of eight Pounds per Centum per Annum, and for fettling the Trade fo //;<? Eaft Indies) for the like Offence or Negleft in relation to the Duties upon Salt, and other Duties upon ftampt Vellum, Parchment, and Paper thereby granted, or for detaining, diverting, or mifapplying any Part of the Monies which were granted by the Aft lafl-mentioned. AnyPetfonsmay VIII. And for the raifing any Sum or Sums of Money, not exceeding in the whole the faid Sum of one lendi,2So,oool, million and two hundred and eighty thoufand Pounds, for fuch ufss as aforefaid, it is hereby further enafted for Purchaf^ng ,^ j-^g /Qthority aforefaid. That it fliall and may be lawful to and for any Perfon or Perfons, Natives or Foreigners, Bodies Politick orCorpoiate, to contribute, advance, and pay into the Receipt of her Majeity's Exchequer for her Majefly's Ufc, at or before the refpeftive Days and Times in this Aft limited in that Be- half, any Sum or Sums of Money, not exceeding in the whole the faid Sum of one million two hundred and eighty thoufand Pounds, for purchafing any Annuity or Annuities to be paid and payable during the full Term of ninety-nine Years, to be reckoned from the four and twentieth Day ox fune in the Year of our Lord one thoufand feven hundred and eight, at the Rate of fixteen Years Purchafe, which Rate doth amount to the Sum of one hundred and fixty Pounds for every fuch Annuity of ten Pounds ^^r yfrtw«?«, and proportiojiably for any greater Annuity ; and the fame Rate, or Confiderat ion-money, is hereby ap- pointed to he paid into the faid Receipt, at or before the refpeftive Days or Times herein after-mentioned, that is to fay. One fourth Part thereof on or before the twentieth Day of April in the Year of our Lord one thoufand icvtn hundred and eight; one other fourth Part thereof on or before the two and twentieth Day oijune in the Year of our Lord one thoufand feven hundred and eight ; one other fourth Part thereof on Annuities not to Q,. before the twentieth Day of y/zig-?^//' in the Year of our Lord one thoufand feven hundred and eight; to be paid quar- One thoufand feven hundred and eight : All which Annuities fo to be purchafed, fhall not exceed in the terly. whole the Sum of eighty thoufand Pounds per Amimn, and fliall be paid and payable at the four mod ufual •In Part fub- Feafts Or Days of Payment in the Year; that is to fay^ The Feaft of St. Michael the Archangel, the Birth «"'i'«?„'Ti°" °f ■"■ Lord Chrift, the Annunciation of the bleffed Virgin Mary, and the Nativity of izmtjohn Baptift, by even and equal Portions ; the firft Payment thereof to be due at the Feafl of Saint Michael the. Archangel, which fhall be in the Year of our Lord one thoufand kven hundred and eight. IX. And it is hereby enafted. That in the Offices of the Auditor of the Receipt, and Clerk of the Pells in the Exchequer feverally, there fliall be provided and kept a Book or Books, in which there fliail be fairly entred the Names of all v/ho fhall be Contributors, and of all Perfons by whofe Hands the laid Contributors fhall pay in any of the faid Sums upon this Aft, and alfo the Sum fo paid; To which Book it (hall be lawful for the faid refpeftive Contributors, their Executors, Adminillrators, aaa Who (hall be fubjeft to the Penalties, &c. 9 & 10 W, C.44. Annuit.es at j6 Years Purchafe. Times of Pay Ipent, Sea Stock pui fuant to6Geo.i. c. 4.' Contributors Names to he en- tredj &c.
 * ''rAnmim°°nd ^"'^ '■'^^ remaining fourth Part thereof on or before the twentieth Day of OBoher in the Year of our Lord