Page:Ruffhead - The Statutes at Large - vol 4.djvu/397

 A.D. lyoS. Anno feptlmo Ann^ Regln^. C. 7. 345 «n Entry or Memorandum thereof be made in the Books to be kept for that Purpofe in the faid Office of the Auditor of the Receipt. XII. And it is hereby further enabled, That the faid Annuity of one hundred and fix thoufand five Annuity a Per- hundred and one Pounds thirteen Shillings and five Pence per Annum, and every Part thereof, (hall be '°"^' E'*^"=) *-''^> adjudged to be a perfonal and not a real Eftate^ and {hall not be liable to any Foreign Attachment; any Law or Cuftom to the contrary notwithftanding. XIII. And for the better fecuring the faid Annuity of one hundred and fix thoufand five hundred and Dutyo" Houfes one Pounds thirteen Shillings and five Pence per Annum, unto the faid Governor and Company of the ^"^^""^^ °^^ Bank oi England, by this and the faid former Adts eftabliflied, as aforefaid ; it is hereby enafted and de- Annuiciear clared by the Authority aforefaid, That fuch Duties on Houfes, and fuch Remains and Arrears of Houfe- money, as by the faid Aft of the fifth Year of her Majefty's Reign were charged with the faid Allowance S Anns, c ij, of four Pounds ten Shillings per Centum per Annum, ihall continue and be payable to her Majefl:y, her Heirs and Succeffors, for fatisfying and difcharging the faid Annuity of one hundred and fix thoufand five hundred and one Pounds thirteen Shillings and iiseYenze per Annum, and (hall be raifed, levied, re- SeeiGeo.z. c.j. ceived, iffued, accounted for, appropriated, and applied thereunto, under the fame Rules, Direftions, Penalties, Forfeitures, and Difabilities, as are prefcribed by the faid Aft of the fifth Year of her Majefty's Reign, touching the raifing, levying, collefting, ifTuing, appropriating, applying, and accounting for the fame ; neverthelefs freed and difcharged of and from theProvifo or Condition of Redemption, which was fo contained in the faid Aft of the fifth Year of her Majefty's Reign, and all other Provifoes and Conditions of Redemption whatfoever (theProvifo or Condition hereafter in this Aft contained for re- deeming the faid Duties on Houfes, and the faid Annuity payable out of the fame, only excepted ;)' the faid Aft of the fifth Year of her Majefty's Reign, or any thing therein contained to the contrary not- withftanding. XIV. Provided always, and it is herey enafted by the Authority aforefaid. That at any Time, upon On 12 Month» one Year'_s Notice to the faid Governor and Company, or their SuccefiTors, and upon full Payment to '^°""' ^"J* •'^^" them of the faid Sum of one million feven hundred feventy-five thoufand twenty-feven Pounds feventeen ^^^.^"o".) ,-s Shillings and ten Pence Half-penny, and of all Arrears of the faid Annuity of one hundred and fix thou- lod. ob. An- fand five hundred and one Pounds thirteen Shillings and five Pence per Annum, if any (hall be then due, nuity to ceafe. then and not till then, the faid Annuity of one hundred and fix thoufand five hundred and one Pounds thir- teen Shillings and five Fence per Annum, (hall from thenceforth ceal'e and determine; and then alfo the and the faid Du- faid Duties on Houfes fhall be underftood to be redemeed by Parliament, and fhall not be iffued, paid, or ties on Houfes to applied to any other Ufe or Purpofe whatfoever, but by Authority of Parliament ; any thing herein con- ^^ underftood to tained to the contrary thereof in any wife notwithftanding. °" ^"'^ " XV. Provided neverthelefs. That nothing in this Aft contained for or concerning the Redemption of Original Fund, the faid Duties on Houfes, or the faid Annuity hereby charged thereupon, (hall in any wife prevent or &c. may be te- hinder the Redemption of the faid Original Fund of one hundred thoufand Pounds per Annum purfuant to ^^™'^ without the abovefaid Provifo in that Behalf, or of any the Funds herein after fettled, for circulating the Exche- thjAnnui"y° quer Bills hereafter to be made out, in purfuance of this Aft, but that the fame refpeftively may be re- deemed from the faid Governor and Company, or their Succeffors, according to the refpeftive Provifoes or Conditions in this Aft contained for thofe Purpofes, without Redemption of the faid Annuity of one hundred and fix thoufand five hundred and one Pounds thirteen Shillings and five Yence per Annum. ' XVI. And to the end all the faid Exchequer Bills which have been iffued by or in purfuance of the 5 Anns, 0,13; ' faid Aft of the fifth Year of her Majefl-y's Reign, which amounted as aforefaid, to fifteen hundred thou- ' fandPounds, for her Majefty's Supply, and to one hundred twenty-three tholiiand three hundred thirty- •' feven Pounds eighteen Shillings and one Penny Halfpenny, in quarterly Bills, computed to Lady Day ' and that her Majefty and her Exchequer may be effeftually difcharged of and from all Demands of any ' quarterly Bills which were intended to be iffued by that Aft, after Lady Day one thoufand feven hundred ' hundred and fix thoufand five hundred and one Pounds thirteen Shillings and five Pence per Amium,. ' may be free and clear from all Pretences to the faid former Allowance of four Pounds ten Shillings per ' Centum per Annum, and all other Incumbrances whatfoever ;' It is hereby provided and enafted, isfc. " Bank to deliver up all Exchequer Bills in their Hands on 31 March 1709, to be cancelled, and difcharge " all the reft, as faft as they can be gotten iru Treafury to fix a peremptory Day, after 24 Ju7te, for " cancelling the Remainder, Bills loft, i^c, before 31 March 1709, on Oath before a Baron, and Secu- " rity. Bank to pay the fame, &c. Allowance of 4 /. o s. per Cent. Aetemnned, 5 Ann:E, c. 13. Bills " to be iffued out at the Treafury, not exceeding 2,500,000/. Such Bills to bear Intereft at 2d, per Diem " for every 100 1. Bank to have an Allowance of 3 /. per Cent, for circulating, &V. But fuch Allowance EXP. " to ceafe in Proportion as the faid Bills fhall be difcharged and cancelled. ' XXII. And for the Encouragement of the faid Governor and Company of the Bank of £'ff^/if7K</, by or ' in purfuance of this and the faid former Afts conftituted, as aforefaid, and their Succeffors, to undertake ' the. Circulation not only of the faid Bills, not exceeding two millions five hundred thoufand Pounds to ' be iffued for her Majefty's Supply, as aforefaid, but alfo of the quarterly Bills to be made forth in fuch ' Manner and Form as are herein after-mentioned ; and to the end a fufncient Fund may be fettled, and ' Provifion made, as well for the Payment of the Intereft after the Rate gf two Pence per Centum per Piem, Vol. IV. y y 'to
 * one thoufand feven hundred and nine, as aforefaid, may be fpeedily paid off, difcharged, and cancelled;
 * and nine, until and for the Quarter to end at Michaelmas one thoufand feven hundred and ten inclufively-;
 * and that the faid Duties on Houfes by this Aft made a Security for Payment of the faid Annuity of one