Page:Ruffhead - The Statutes at Large - vol 5.djvu/403

 A. D. 172 1. Anno feptimo Georgii Regis. Stat. 2. 357 ' nies paid on the faid third and fourth Money Subfcripyons at the Rate of four hundred per Centum, with p the like Dividend often per Centum in Stock :' Now in order to put an End to all Difputcs between the faid Company and Proprietors of the faid redeemable Debts and Annuities fubferibed into the faid Com- pany, and between the Proprietors of the faid Money Subfcriptions; and for the further Relief, as well of the Proprietors of the faid redeemable Debts and Annuities, as alfo of the Proprietors of the faid fe- icond, third and fourth Money Subfcriptions, who now have or (purfuant to the faid Rcfolutions of the faid [General Court) may have Stock allowed them at the faid Rate of four hundred per Centum, with the Di- vidend of Midfummer one thoufand feven hundred and twenty, in Stock as aforefaid; l.'c it further enacted An Addition by the Authority aforefaid, That the faid Corporation, called the Soutb-Sca Company, (hall, and the 3( " r ,he Rateof lame is hereby injoined and required to allow and make an Addition after the Rate of thirty-three Pounds J, 3 k 8 d . fix Shillings and eight Pence, in Stock, upon every one hundred Pounds Stock already allowed or allow- „, 00 if°' able as aforefaid, to the refpective Propiietors of the faid redeemable Debts and Annuities, and to the re- Stork already l;u dive Proprietors of the faid fecond, third and fourth Money Subfcriptions; which faid Addition of allowed, to be thirty-three Pounds fix Shillings and eight Pence, in Stock to the faid Proprietors of redeemable Debts and R' vcn b y ,he Annuities, together with the Stock already allowed them at the Rate of four hundred per Centum, with °" &£ p™" the Dividend at Mi dfummer one thoufand feven hundred and twenty, in Stock as aforefaid, (hall be in full p n e'torfl of the " Difcharge and Satisfaction of their refpectiveDebts and Annuities which were redeemable, and were fub- redeemable l'cribed or intended to be fubferibed as aforefaid, and for which the Securities were delivered up, or for Funds, which the Books at the Office of the Bank were debited, and for which an additional Stock was created and ,0 lh ' ''"'■ by the Commiffioners of the Treafury as aforefaid; and the faid Addition of thirty-three Pounds fix Shil- fJ C onT t °hi r Vand I rigs and eight Pence, in Stock, to the Proprietors of the Monies which were actually paid upon the faid fourth'ivioniy fecond, third and fourth Money Subfcriptions refpectively, together with the Stock already allowed or Subfcriptions. allowable to them at the Rate of four hundred per Centum, with the Dividend at Midfummer one thoufand »"!• the MM- feven hundred and twenty, in Stock as aforefaid, fhall be in full Difcharge and Satisfaction of the Mo- ^ um, m " D|VI " nies which were actually paid upon the fecond, third and fourth Money Subfcriptions refpectively, not- en ' I7Z ° withstanding any Defect or Error, or fuppofed Defect or Error, in taking in the faid Subfcriptions of the which (hall bein faid redeemable Debts and Annuities, and the faid Money Subfcriptions, or any of them, or any Mifno- fliU Difcharge. mer, MifTpelling or Omiffion of Entry of Money paid for the faid Money Subfcriptions in any wife, and notwithstanding any Doubt or Queflion touching or concerning the Validity of the Subfcriptions of the faid redeemable Debts and Annuities in any wife; and that no more Money fhall be demanded or iniifted on by the faid Company (other than what was actually paid as aforefaid) on the faid four Money Sub- scriptions, or any of them. ' IV. And whereas on or about the twenty-third Day of June one thoufand feven hundred and twenty, fe- Claufe for Relief ' veral irredeemable Annuities (Part of them payable for feveral long Terms of Years, others payable for of the l"e<ieem- ' the Remainder of a Term of thirty-two Years, commonly called the Nine per Cents, and others of them. ' payable for the Remainder of another Term of thirty-two Years, commonly called the Lottery-Annui- ' ties of one thoufand feven hundred and ten) weie fubferibed into the Capital Stock of the faid Com- ' pany, for feveral Rates or Prices, which the fame Company did refolve to give the Proprietors, to wit, ' for the faid long Terms at thirty-two Years Purchafe, and the faid fhorter Terms feventeen Years Pur- ' chafe; which Rates or Prices were fatisfied partly with Money, and partly with Stock at the Rate of ' three hundred feventy-five Pounds per Centura: and whereas on or about the fifteenth Day of October ' one thoufand feven hundred and twenty, feveral other irredeemable Annuities, Part of them payable ' for feveral long Terms of Years, others payable for the Remainder of the faid feveral Terms of thirty- ' two Years, were fubferibed into the Capital Stock of the faid Company; which Subfcriptions fo made ' on or about the faid fifteenth Day of OHober one thoufand feven hundred and twenty, are commonly ' called the fecond Subfcriptions of the irredeemable Annuities; and by a Refolution of the faid General ' Court, the Annuities of the faid fecond Subfcription were likewife to be paid for at feveral Rates or Prices, viz. The long Terms at thirty-two Years Purchafe, and the faid fhorter Terms at feventeen ' Years Purchafe, all in Stock at four hundred per Centum, with the Addition of the Midfummer Dividend Company to ' often per Centum in Stock thereon (except fuch odd Sums as did not amount to one Pound in Stock, makean Addi- ' which were to be paid in Money;') Now for a further Relief to be given to the Proprietors of the faid ^"p" St? ck to irredeemable Annuities in the fecond Subfcription, by an Addition of Stock valued at one hundred and ofrheTrredee" fifty per Centum, Be it further enacted by the Authority aforefaid, That the faid Company fhall make, a bk-s,viz. On or caufe to be made, an Addition at that Rate in Stock to the Proprietors lait mentioned, over and .above Annuities of the Stock allowed or allowable to them by the faid Refolution of the General Court; which Addition iool.perAn- fhall be made in the refpective Proportions herein after mentioned; that is to fay, on every Annuity f mim '"''bribed one hundred Pounds per Annum, which was fubferibed for the Remainder of ninety-nine Years, compre- d ^ f e qq e y! " n " hended in the faid fecond Subfcription, two hundred and three Pounds fix Shillings and eightPer.ce Stock, comprehended in and fo in Proportion for every greater or lefTer Annuity which was fubferibed for the Remainder of ninety- the fecond Sub- nine Years; on every Annuity of ninety-eight Pounds per Annum, which was fubferibed for the Remain- f «'pt'«"ij soj I. der of ninety-fix or eighty-nine Years, commonly called Fourteen per Centunu, comprehended in the faid 6s - sd - Itcond Subfcription, one hundred feventy-eight Pounds five Shillings and four Pence Stock, and fo in ° n thc *+ '• P er Proportion for every greater or lefTer Sum of fuch Annuities; on every ninety Pounds per Annum, which j nt ' * 7 ' S 3 " was fubferibed for the Remainder of thirty-two Years, commonly called the Nine per Centunu, compre- 0nt he 1 hended in the faid fecond Subfcription, feventy-three Pounds nine Shillings and four Pence Stock, and fo Cent. 731.9s. in Proportion for every greater or lefTer Sum of fuch Annuities; on every Annuity of one hundred Pounds 4 d. per Annum, which was fubferibed for the Remainder of thirty-two Years,-commonly called Benefits of Prize Lottery the Lottery one thoufand feven hundred and ten, comprehended in the faid fecond Subfcription, fixty-five Tickets, 1710. Pounds 65l.16j.8d.