Page:Ruffhead - The Statutes at Large - vol 4.djvu/396

 344 C. 7. Anno feptimo ANNJi RcginE?. A. D. 1708. ' Shillings and one Penny half Penny; in both, to one nullion fix hundred twenty-three thoufancf three ' hundred thirty-feven Pounds eighteen Shillings and one Penny half Penny, as by a Certificate fiencd by ' the Auditor of the P.eceipt of her Majefty's Exchequer, bearing Date the firft Day of jpril one thou- ' fand feven hundred and nine, doth appear; and t!;e Intercfl: of the faid Sum of one million fix hundred ' twenty-thice thoufand three hundred thirty-feven Pounds eighteen Shillings and one Penny half Penny ' after the Rate of fix Pounds ^tr Centum per Jmitiin for fix Quarters, to be reckoned from Lady Day one ' thoufand feven hundied and nine to Michaelmas one thoufand feven hundred and ten, beino- computed ' and made principal at the End of each Quarter, doth amount to one hundred fifty-one thoufand fix hun- ' dred eighty-nine Pounds nineteen Shillings and nine Pence more; and being added to the Sum laft ' mentioned, the v/hole will amount to the Sum of one million feven hundred feventy-five thoufand ' tvventy-fcven Pounds feventeen Shillings ten Pence Half-penny, for which an Annuity or yearly Fund ' computed after the Rate of fix Pounds per Centum per Annwn^ doth am.ount to one hundred and fix thou- ' fand five hundred and rne Pounds thirteen Shillings and five Pence ^(?r y/?;;zz//n;' Now for the Encou- ragement of the faid Governor and Company of the Bank oi England, by this and the faid former Afts eftablifhed, as aforefaid, to pay off^, difcharge, and cancel all the Exchequer Bills which have been iflued 5 Anns, c. 13. or were athorized to be iflued by the faid A6t of the fifth Year of her Majeffy's Reign, as aforefaid • and to the End the faid Governor and Company, and their SuccefTors, m.ay have a competent Recompence and Confideration for fo doing, and for their faid Allowance after the R.ate of four Pounds ten Shillings per Centum per Aivnan, and fcr all their Demands relating thereunto, according to the true Meaning of For dirchargJng '^h's Acft; We your Majefty's faid dutiful and loyal Subjects, the faid Commons oi Great Britain in Par- all the Exchequer liament afiTembled, do humbly pray that it may be enadled; and be it ena£ted by the Authority aforefaid Bills iiTued by 5 That from and after the faid Feaft of Saint Michael the Archangel which fhall be in the Year of our Lord Anns, c. 13. one thoufand feven hundred and ten, the faid Governor and Company of the Bank of ii«p-/rtW by this aiter^Michaeimas ^^^ ^j^^ ^^jj 'iormtx Acls eftabliihed, as aforefaid, and their SucceflTors, for ever, (fubjea neverthelefs to Bank" emitled 10 the Provifo of Redemption herein after contained in this Behalf) fhall have, receive, and enjoy, and be a yearly Annuity entitled by virtue of this Ai£f, to have, receive, and enjoy one Annuity or yearly Sum of one hundred ofio6,5oil.i3s. and fix thoufand five hundred and one Pounds thirteen Shillings and five Pence, of lawful Money oi Great 5d. out of the Britain, which fhall be, and is hereby charged upon, and fliall be paid and payable from time to time utyonHoufes. j^^ ^j^^ £j.£j. p]^(,g^ ^j^j ^^.[^j^ Preference to all other Payments whatfoever, out of the faid Duties on Houfes sAnnaj, c. 13. granted or continued unto her Majefty, her Heirs and SuccefiTors, forever, by the faid A£f of the fifth An Annuity of Year of her Majefl:y's Reign, which is to take Effefl: from the faid lafl: Day oijuly one thoufand feven / 7i,coil,y. hundred and ten, as aforefaid, and upon and out of fuch Remains and Arrears of Houfe-money, as by bliiiiedm lieu" ^'^^ ^^ laft-mentioned were intended to be charged with the Payment of the faid Allowance of four hereof, by 11 Pounds ten Shillings per Centitm per Annum, in cafe that Allowance had continued; the faid Annuity of Cep. I, c.9.§.i. one hundred and fix thoufand five hundred and one Pounds thirteen Shillings and five Yence per Annum And farther Pro- to be paid and payable at the four moft ufual Feafts or Days of Paym.ent in the Year; That is to fay the Utlr'wo^r^^^^^ of the Birth of our Lord Chrift, the Annunciation of the blefl'ed Virgin y^«7, the Nativity of i^Ceo. z'ftat.z^ Saint John Baptift, and Saint Michael the Archangel, by even and equal Portions; the firil: quarterly Pay- c, 8. ' ' " ment thereof to be made at the Feaft of the Birth of our Lord Chrift which fhall be in the Year of our 20 Geo. 2,c. 3._ Lord one thoufand feven hundred and ten; and that the faid Annuity or yearly Sum of one hundred and Tax-free. fix thoufand five hundred and one Pounds thirteen Shillings and five Pence, and every Part thereof, fliall be free from all Taxes, Charges and Impofitions whatfoever. Troafurer, &c. IX. And for the better and more regular Payment of the faid Annuity of one hundred and fix thotifand to fign Orders £^,e hundred and one Pounds thirteen Shillings and five Pence, to the faid Governor and Company of the Jori'aynispt. Bifik of England, and their Succeflx)rs, for ever (fubjefl: as aforefaid) an Order or Orders fliall be figned by the Treafurer and Under Treafurer of the Exchequer, or any three or more of the CommifTioners of the Treafury for the Time being, and after the figning thereof, the fame fliall be firm, good, valid, and efFcftual in the Law, according to the Purport and true Meaning thereof, and of this Act, and fliall not be determinable by or upon the Deaths or Rem.oval of any Treafurer or Under Treafurer of the Exche- quer, or any CommilTioner or Commiffioners of the Treafury, or by or upon the Determination of the Power, Office, or Offices of them, or any of them; nor fliall any Lord High Treafurer of Great Britain, Treafurer of the Exchequer, or any Commiffioners of the Treafury now or for the Time being, have ' Power to revoke, countermand, and make void fuch Order fo figned, as aforefaid. Paymenistobe ^- ^^'^ ^°^ t^^ more fpeedy Payment of the faid Annuity or yearly Sum of one hundred and fix jna'de weekly, thoufand five hundred and one Pounds thirteen Shillings and five Pence, to the faid Governor and Company, fis aforefajd; It is hereby declared and cnadfed, That weekly or otherwife, as the Money of the faid Duties fhall from time to time be brought into the Exchequer for Payment of the faid Annuity of one hundred and fix thoufand five hundred and one Pounds thirteen Shillings and five Pence, the fame fliall and may be iffued upon the laid Order or Orders for or tov/ards the difcharging of the faid Annuity^. to grow due for and at the End of the Quarter in which fuch Payments fhall be made, fo as fuch weekly , cr other Payments do not exceed the Sum of the quarterly Payment which fliould grow due for or at the End of every fuch Qiiarter refpeftively. Bank mayaffign XI. And be it enadfed by the Authority aforefaid, That it fhall and may be lawful to and for the faid the yearly An- Governor and Company of the Bank of England and their SuccefFors, at any Time or Times by Writing ■ BJiity. under their Common Seal, to affign the faid Annuity or Yearly Sum of one hundred and fix thoufand five hundred and one Pounds thirteen Shillings and five Pence, or any Part thereof, or any Interefl therein, to sny Perfon or Perfons whatfoever, and fo toties ^uoites, and no fuch Affignment fhalj be revocable, fo as 3 an-
 * to the further Sum of one hundred twenty-three thoufand tbrtie hundred thirty-feven Pounds eiahtccii