Page:Ruffhead - The Statutes at Large - vol 5.djvu/378

 33S C. 6, 7* Anno feptimo G e org ii Regis. Stat. i. A. D. 1720. fefpect of the Capital Stock which fhall be fo paid off and difcharged ; which Application of the Monies laii mentioned fhall be made in Proportion to the refpective Quantities of Capital Stock, which in Pur- fuance of this and the faid former A£ls fha!l then appear to belong to the faid South- Sea Company, and to the faid Bank of England, and to the faid Eajl-India Company, and every of them refpiftively, and not otherwife. All the Monies XL. And it is hereby further enacted by the Authority aforefaid, That all the Monies of the faid Sur- Fund 1 1 fbreiu. p' u ^" es ? Exceffes and Overplus Monies, commonly called the Sinking Fund, which after the Application of June 1720, (hall fo much thereof as is in and by this Act before directed to be applied or referved as aforefaid, fhall arife and be applied by be brought into the Exchequer, at any Time or Times before the faid Feaft of the Nativity of Saint John the even Sums of Bapti/l which fhall be in the Year of our Lord one thoufand (even hundred and twenty-feven, fhall and may be j 00, 000 1. tor applied, at the End of every Year, fo far as the fame will from Time to Time extend, by even Sums of one of theCapftar' hundred thoufand Pounds at a Time, for or towards paying off and difcharging Part of the faid Capital Stock of the faid Stocks of the faid South-Sea Company, and of the Bank of England., and of the faid Eajl-India Company Companies, refpedtively, in Proportion to the refpective Quantities of the faid Stock which fhall then belong to thofe Corporations refpectively ; and upon every Payment to be made in Purfuance of this Act to the laid Scuth- and thereupon a g ea Company, and to the Governor and Company of the Bank of England, and to the faid E aft- India proportional I'art Company, and every or any of them reflectively, of any Part of their faid Capital Stock, a proportional ties /hall ceafe!" •f >art °f their Annuities or yearly Funds, payable at the (aid Rate of five Pounds per Centum per Annum, for fo much of the faid Capital Stock as fhall be fo paid off from Time to Time, fhall ceafe and determines And the faid Commiflioners of the Treafury, or any three of them, and the High Treafurer for the Time being, are hereby directed and authorized to caufe the Monies of the faid Sum of three hundred twenty- eight thoufand fix hundred feventy-three Pounds four Shillings and ten Pence Half-penny, and of the faid Surpluffes, Exceffes and Overpluffes, called the Sinking Fund, and the faid Overplus of the faid Intereft- Tartber Prtwi- Monies, to be applied for or towards paying off the faid publick Debts and Incumbrances, and for or to- f.or.t concerning wards paying off the faid Capital Stock of the faid South-Sea Company, and (in cafe of fuch Affignment or South-Sea Cam- Aflignments as aforefaid) of the faid Capital Stock of the faid other Companies, and reducing a proportion- pany 7 Geo. 1. a ] p ar t of their Annuities or yearly Funds, as this Act. directs ; any former Law or Statute, or any other i'c 2 2i & iT Matter or Thing whatfoever, to the contrary notwithstanding. 9 Geo. 1. c. 6. I Geo. 1. c. 8. 3 Geo. 2. c. 16 & 20. 4 Geo. 2. c. 5. 5 Geo. 2. c. 17. 6 Geo. 2. c, 25 & 2S, 7 Geo. 2. c. 17. 9 Geo. 2. c, 34. 10 Gee, 2. c. 17. 20 Geo. 2. c. 3. 24 Geo. 1, c. 2 £f II. 26 Geo. 2. c. 16. Provifo for pay- XLI. Provided always, and it is hereby enacted, That if at any Time or Times hereafter Provifion fhall ingoffand dif- be made by Authority of Parliament, in the lawful Coins of this Realm, placed in the Exchequer, for pay- charging the E*- j n g Q ff an( j difcharging the faid Exchequer-Bills for the faid Sum of one million, the Bills themfelves which ciequer- 1 s, fa^n . e f p a ;d ff^ or f or w hich fuch coined Monies fhall be referved in the Exchequer, as is prefcribed in <5Geo, 1. c. 10. the Act (laft in Part before recited) fhall be difcharged therewith and cancelled, as is thereby directed : And if before the firft Day of March one thoufand feven hundred and twenty-one, or before the End of the Seffion of Parliament then next enfuing, coined Monies fhall not be raifed and brought into the Exche- quer for difcharging the Bills laft mentioned ; then all or any of the Monies which fhall then remain in the Exchequer, of the faid Sum of three hundred twenty-eight thoufand fix hundred feventy-three Pounds four Shillings and ten Pence Half-penny (if any fuch be) and all the Monies which from and after fuch Seffion of Parliament fhall Quarterly arife of or for the faid Surpluffes and Overplus Monies, called the Sinking Fund, or otherwife, as is mentioned in the Act laft in Part before recited, fhall be applied for or towards difcharging the faid Exchequer-Bills amounting to one million, till they fhall be all compleatly paid off and cancelled in the Manner and Form by the fame Act prefcribed and intended; this prefent Act, or any Thing therein contained to the contrary notwithstanding. CAP. VI. An Act for punifhing Mutiny and Defertion, and for the better Payment of the Army and their QHat- ters. EXP. C A P. VII. An Act to preferve and encourage the Woollen and Silk Manufactures of this Kingdom, and for more effectual employing the Poor, by prohibiting the Ule and Wear of all primed, painted, ftained or dyed Callicoes in Apparel, Houfhold Stuff, Furniture, or otherwife, af- ter the twenty-fifth Day of December one thoufand feven hundred and twenty-two (except as therein is excepted.) ii&upy. 3. ' IIZHEREAS it is mod: evident, That the wearing and ufing of printed, painted, ftained and dyed r. 3. it&fii c VV Callicoes in Apparel, Houfhold Stuff", Furniture, and otherwife, does manifeftly tend to the great W. 3. c. 10. <■ Detriment of the Woollen and Silk Manufactures of this Kingdom, and to the exceffive Increafe of the 12 vv. 3. c. 11. < p oor5 an d if no t effectually prevented, may be the utter Ruin and Deltruction of the faid Manufactures, XJrih.l'.'t'. ' and of many thoufands of your Majefty's Subjects and their Families, whofe Livelihoods do intircly de- ji&.s'. ' ' pend thereupon:' For Remedy thereof, may it pleafe your moft Excellent Majefty, That it may be en- to Ann. t> ig. acted ; and be it enacted by the King's moft Excellent Majefty, by and with the Advice and Confent of the 3 Lords