Page:Ruffhead - The Statutes at Large - vol 4.djvu/439

 A. D. 1709. Anno odlavo Ann^e Reglnas. C. 7. 387 not exceed in the whole the Sum of eighty-one thoufand Pounds per Annum, and fhall be paid and pay- able at the four moft ufual Feafts, or Days of Payment in the Year ; that is to fay the Feafts of the Birth of our Lord Chrift, the Annunciation of the bleifed Virgin Mary, the Nativity of St. John Baptlji, and St. Michael the Archangel, by even and equal Portions ; the firft Payment thereof to be due at the Feaft of the Birth of our Lord Chrift which Ihall be in the Year of our Lord one thoufand feven hundred and ten. XXIX. And it is hereby enafted. That in the Offices of the Auditor of the Receipt, and Clerk of the Contributors Pells, in the Exchequer feverally, there {hall be provided and kept a Book or Books, in which there fhall Names to be be fairly entred the Names of all who fhall be contributors for fuch certain Annuities, as aforefaid, and of "^""^ ' all Perfons by whofe Hands the faid Contributors fliall pay in any of the faid Sums upon this Ad, and alfo the Sum fo paid for fuch Annuities : To which Book it fliall be lawful for the faid refpective Contri- butors, their Executors, Adminiftrators, and Affigns, from time to time, and at all feafonable Times, to have Refort, and to infpeft the fame, without Fee or Reward. XXX. And be it further enafted by the Authority aforefaid. That all and'every the Annuities fo to be Annuities charg- purchafed upon this prefent Aift, fhall be and are hereby charged upon, and fliall be paid and payable, td uponthcnew from time to time, out of the Monies arifing by the faid Rates and Duties, and other Provifions made by I^"ties. virtue of this Aft for the Payment thereof; and that all and every Contributor and Contributors upon 'Partofthefe this A(S, duly paying the Confideration or Purchafe-money, at the Rate aforefaid, at or before the refpec- Annuities were tive Days ar Times in this KSt limited in that Behalf, for any fuch Annuity or Annuities, as aforefaid, "'""ibed into or fuch as he, (he or they fliall appoint, his, her or their refpedive Executors, Adminiftrators, Sue- ^""f^^a^t^to"'^'^ ceffors and Affigns, ftiall have, receive, and enjoy, and be entitled, by virtue of thi; A6i, to have, re- Ce'^orilc. a." ceive, and enjoy the refpeftive Annnity and Annuities fo to be purchafed, out of the Monies by this A£l appropriated or appointed for the Payment thereof, during the faid whole Term of thirty-two Years, to be purchafed therein, as is above-mentioned ; and that all and every fuch Purchafers, their Executors, Adminiftrators, Succefibrs and Affigns refpeftively, fliall have good, fure, abfolute and undefeafible Eftates and Interefts in the feveral Annuities fo by them reipeftively to be purchafed, according to the Tenor and true Meaning of this Aft; and that all the faid Annuities to be purchafed on this Aft, and every of them, during the Term aforefaid, fliall be free from all Taxes, Charges and Impofttions Tax-free, whatfoever. XXXL And be it further enafted by the Authority aforefaid. That every Contributor upon this Aft, Contributors ta for any fuch Annuity or Annuities, as aforefaid, his, her or their Executors, Adminiftrators, Succefibrs have Tallies or Affigns, upon Payment of the Confideration or Purchafe-money for the fame, at the Rate aforefaid, or ^"'^''> any Part or Proportion thereof, into the faid Receipt of Exchequer, within the Time or Times in this Aft limited in that Behalf, fliall immediately have one or more Talley or Tallies levied, importing the Receipt of fo much Purchafe-money as fliall be fo paid ; and upon Payment of all the Purchafe-money, for any fuch Annuity or Annuities, at the Rate aforefaid, every fuch Contributor, his, her or their Execu- tors, Adminiftrators, Succeffors or Affigns refpeftively, fhall have an Order for paying of the faid An- nuity and Annuities, for and during the faid Term of thirty-two Years to be purchafed therein ; which and Orders fign- Order fliall be figned by the Treafurer and Under Treafurer of the Exchequer, or any three or more «d by the Trea- of the Commiffioners of the Treafury for the Time being ; and after the figning thereof, the fame fliall ^'^^"' ^'^' be firm, good, valid, and efFeftual in the Law, according to the Purport and true Meaning thereof, and of this Aft ; and fliall not be determinable by or upon the Deaths or Removal of any Treafurer or Under Treafurer of the Exchequer, or any Commiiiioner 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 Trea- furer oi Great Britain, Treafurer of the Exchequer, or any Commiffioners of the Treafury, now or for the Time being, have Power to revoke, countermand, or make void fuch Orders fo figned, as aforefaid, or any of them. XXXIL And for the Encouragement of the Contributors to advance and pay readily into the Receipt gi. per Cent, for of the Exchequer, the Sums by them intended to be advanced upon this Aft, It is provided and enaft- promptPayment. ed by the Authority aforefaid. That every fuch Contributor who fhall advance and pay into the faid Re- ceipt of Exchequer, within the Times limited by this Aft, the Purchafe-money payable for any fuch Annuity or Annuities, as aforefaid, his, her or their Executors, Adminiftrators, Succeffors or Affigns fliall be allowed and paid out of the Contribution-money arifing by this Aft, Intereft after the P..ate of eight Pounds per Centum per Jnnum, for the prompt Payment of the Purchafe-money, or of fuch Propor- tions of the Purchafe-money as fhall be fo advanced before the nine and twentieth Day oi September one thoufand feven hundred and ten ; the faid Intereft to be computed for the refpeftive Sums fo advanced and paid into the Exchequer, from the Time or refpeftive Times of the aftual advancing and paying the fame into the Exchequer, until the faid nine and' twentieth Day of September one thoufand feven hundred and ten. XXXIII. And be it further enafted. That it fhall and may be lawful to and for any Purchafer or Pur- Purcha<ers may chafers of any fuch Annuity or Annuities, as aforefaid, his, iier or their Executors, Adminiftrators, Sue- affign their An- cefTors or Affigns, at any Time or Times, during the Continuance of his, her or their Term, Eftate ""'"'s, &c. or Intereft of and in the fame, by any Writing under his, her or their Hands and Sea's, or under the Common Seal of a Corporation, or by his, her or their laft Will in Writing, to affign or devife fuch Annuity, or any Part thereof, or any Intereil therein, to any Perfon or Perfons whatfoever, and fo toties qurAies, and no fuch Affignment to be revokable, fo as an Entry or Memorandum of fuch Affigument or W'ill be made in Books to be kept for that Purpofe in the faid Office of the Auditor of the Receipt, within the Space of three Months after -fuch Affignment or Death of the Devifor ; and that upon the produci-no- D d d 2 fuch