Page:Ruffhead - The Statutes at Large - vol 5.djvu/147

 A. D. 1716. Anno tertlo pEORGii Regis. C. 7, 107 having fortunate Lots) their Executory Administrators and Affigns, refpcctively Should have, receive and enjoy, out of the (aid refpective Funds, fuch principal Monies, in Courfe or Courfcs, and fuch ln- tereft, as in and by the f..id Lottery-a£te refpcclively were prescribed for them Severally to have, receive and enjoy; and by the fame Acts it was Severally dircclcd, That the faid Tickets fhould be exchanged for Standing Orders, and that fuch Orders fhould be regiftered, and be affignablc ; and that during ihc fevcral Terms therein mentioned, (unlefs the Principal and lntereft directed to be paid by the faid fcveral Acts, fhould be foon r paid off) the faid Duties fliould be feverally applied for anfwering the faid Princi- pal and lntereft, and other Purpofes therein mentioned : And in the fevcral Acts for the faid Lotteries are contained fevcral Provifoes or Claufes, importing, that if before the End of the refpective Terms of thirty- two Years therein mentioned, all the Principal and lntereft Monies payable by virtue of the fame Acts rcfpectivclv, fhould be fully paid and difcharged, or fufticient Money fhould be referved in the Exche- quer for Payment thereof, that then and in fuch Cafe, and from thenceforth the Duties by the fame Acts refpc6tively granted or charged therewith, fliould ceafe, or be difpofeable by Authority of Parliament, and not otherwife, as by the faid fcveral Acts, Relation being thereunto fcverally had, doth and may irore fully and at large appear. And whereas the faid feveral Sums of one Million five hundred thoufand Pounds, two Millions, one Million eight hundred thoufand Pounds, and one Million eight hundred thoufand Pounds, were advanced for the publick Service, upon the feveral Acts before-mentioned, and chc Tickets thereby directed were made forth and drawn, and Books were tranfmitted, or are to be trans- mitted into the Exchequer by the faid Managers or Directors, or by fome other Perfons appointed there- unto, in purfuance of Acts of Parliament in that Behalf; and the laid feveral Sums of one Million nine hundred twenty-eight thoufand five hundred and feventy Pounds, two Millions fix hundred and two thoufand two hundred Pounds, two Millions three hundred forty-one thoufand feven hundred and forty Pounds, and two Millions three hundred forty-one thoufand nine hundred and ninety Pounds, became 4 payable as principal Monies, with lntereft, after the faid Rate of fix Pounds per Centum per Annum, to the c fevcral Contributors or Adventurers, or to Claimants from or under them, according to their feveral ' Shares therein, and Standing Orders have been or are to be made forth for the fame. And whereas feve- ' ral Sums amounting to one Million fix hundred fixty-fix thoufand and feventy Pounds, or thereabouts, ' (Part of the faid principal Sum of one Million nine hundred twenty-eight thoufand five hundred and fe- ' venty Pounds) and two Millions fi.<e hundred twenty-five thoufand nine hundred and feventy Pounds, or ' thereabouts, (Part of the faid principal Sum of two Millions fix hundred and two thoufand two hundred ' -Pounds) and two Millions two hundred fifty-eight thoufand five hundred and twenty Pounds, or there- c abouts, (Part of the faid principal Sum of two Millions three hundred forty-one thoufand feven hundred i and forty Pounds) and two Millions three hundred and twelve thoufand and fixty-five Pounds, or there - ' and ninety Pounds) do upon the fourth Day of March one thoufand feven hundred and Sixteen, remain ' unfatisfied; which principal Sums fo remaining unfatisfied, do amount in the whole to eight Millions ' feven hundred fixty-two thoufand fix hundred twenty-five Pounds, or thereabouts, carrying lntereft 4 made and pafied in the twelfth Year of the Reign of his faid late Majefly King William, it was (amongft ■' other Thii ' and .of all ' ven hundred and five, be and ftand charged and chargeable for ever with the Payment of annual Sums '. refpective Letters Patents, to be ilTued and paid out of the faid Revenue by quarterly Payments cut of 4 the faid annual Sums, .and to their Heirs and Affigns for ever, without any Fee or Charge ; the faid an- '. redeemed upon Payment of. a Moiety of the principal Sums mentioned in the faid refpective Letters Pa- 4 Impositions whatsoever. And whereas the whole of all the Sums mentioned in the faid Letters Patents, 4 did amount to one Million three hundred twenty-eight thoufand five hundred twenty-fix Pounds, and the ' "Moiety thereof, for which the faid annual Sums are redeemable, doth amount to fix hundred Sixty-four ' theufand two hundred fixty-three Pounds, ana the faid annual Sums, after the Rate of three Pounds per 4 Centum per Annum, wherewith the faid hereditary Revenue is now charged, or liable to be charged, till 4 feven .Pence, and one Fifth Part of a Penny per Annum, (which is equal to. a Rate of fix Pounds per 4 Centum per Annum for the faid Sum of fix hundred Sixty-four thoufand two hundred fixty-three Pounds,) "J And whereas. Since the making of the feveral Acts herein above recited, the common Rate of lntereft for 4 Money is very much leffened, fo that it is become juft and .reafonable for the publick to have and enjoy '■ as well the Benefit of redeeming the faid Several Duties and Revenues charged or chargeable with the •P 2 ' payable
 * abouts, (Part of the faid principal Sum of two Millions three hundred forty-one thoufand nine hundred
 * after the faid Rate of fix Pounds per Centum per Annum. And whereas in and by an Act of Parliament
 * of the heredi
 * ters Patents to be then due from his faid late Majefty, to the refpective Patentees therein named, the faid
 * i hereditary "Revenue of Excife fliould, from and after the twenty-Sixth Day of December 'one thoufand Se-
 * after tie Rate of three Pounds _per Centum per Annum, for the principal Sums mentioned in the faid
 * the Receipt of the Exchequer by the Officers of the fame, unto the refpective Owners and Proprietors of
 * '- nual. Payments, after the Rate of three Pounds per Gentian per Annum, to be Subject nevertheless to be
 * fuch Redemption, doth amount to thirty-nine thoufand eight hundred fifty-five Pounds fifteen Shillings
 * Said Lottery Orders So remaining unfatisfied, as alio the Benefit of redeeming the faid annual Sum's how