Page:Ruffhead - The Statutes at Large - vol 5.djvu/441

 ..D. 1721; Anno odlavo Georgii Regis. C. 20. 395 XXII. Provided always, and it is hereby enafted, That as often as any Intereff: upon the Exchequer- intereft upon Jills, made forth or to be made forth by Virtue of this or any former Ait or Acts of Parliament, and re- Bill* remaining Tiaining undifcharged, (ball be demanded to be paid by any Undertakers for circulating or exchanging ^'^ISr "°*
 * he fame for the Time being, they fhall not be obliged to pay for fuch rntereft any Ieffbr Sum than one &.'„ ,ban ne

Penny upon fuch Bill, in cafe a angle Bill be produced for Payment ; or for the Total of the lntereft of Penny, &c. fuch Bills, where two or more fhall be offered at one Time by the fame Perfon ; any Thing herein con- tained to the contrary notwithftanding. ' XXIII. And to the End ali the Exchequer-Bills, not exceeding one million, by this Act authorized to Prinrijnl of one be made forth, for or towards his Majefty's Supply as aforefaid, may effectually be paid off, difcharged million lent to ' and cancelled, on or before the laid feventh Day of 'June one thoufand feven hundred and twenty-three ;' South-Sea i om- it is hereby further provided and enacted by the Authority aforefaid, That the faid principal Sum of one - ny l}° .V million, owing by the faid South-Sea Company for fo much lent to them as aforefaid, is and fhall be a char „; n Su]nj 'Fund and Security for paying off, difcharging and cancelling the principal Sums, not exceeding one mil- contained in lion, which fhall be contained in the Bills to be made forth by Virtue of this Act ; and that fo much as Bills, &c. fhall then be due or unpaid for Intereff upon the faid Bills to be made forth by Virtue of this Act (if any lntereft due upon fuch Intereff fhall be then due or unpaid) fhall be fupplied and made good out of the Monies then arifen Kl|1 s to befup- or to arife, of or for the faid Fund, called the Sinking Fund ; and that the Commiflioners of the Trea- s^nkint^F^f d fury, or any three or more of them, or the High Treafurer for the Time being, as foon as conveniently A f te ' r R epay J may be, after the Repayment of the faid Sum of one million by the faid South-Sea Company into the Ex- ment by South- chequer, fhall out of that Money, and out of the Monies of the faid Sinking Fund as aforefaid, caufe all Sea, Bills to be the Bills which fhall have been made forth by Virtue of this Act, for the faid Sum not exceeding one cancelled, million, and the Intereff remaining due thereupon (if any fuch Intereff fhall be then due and unpaid) to ■ be paid off, difcharged and cancelled accordingly ; and for that End and Purpofe fhall, by publick No- PuMick Norice j tice in Writing, to be affixed upon the Royal Exchange in London, and publilhed in the London Gazette, '" th< : *? azette * prefix a certain Day, by or before which all the faid Bills, not exceeding one million, which fhall have vvnen Biihftlnd- been made forth by Virtue of this Act, and be then ftanding out, fhall be brought in and delivered to j n? ou t, (hall be fuch Perfon or Perfons as the Commiflioners of the Treafury, or any three or more of them, or the High delivered to be Treafurer for the Time being, fhall appoint to receive the fame at or near the Exchequer, to be paid off, cancelled, difcharged and cancelled accordingly ; and if any of the faid Bills which fhall have been made forth pur- fuant to this Act, for the faid Sums not exceeding one million, fhall then be in the Office or Offices of any Teller or Tellers of the Exchequer as Cafh, the faid Commiflioners of the Treafury, or the High Treafurer for the Time being, fhall caufe fo much of the Money fo repaid to be placed in the Exchequer inftead of fuch Bills, upon the Account or Accounts of fuch Teller or Tellers refpeftively ; and that Fills not brought all fuch of the faid Bills, not exceeding one million, to be made forth by this Aft, as fhall not be brought '" bv Time P re - in upon fuch Notice as is lafl mentioned, to be paid off", difcharged and cancelled as aforefaid, within the **'. * c ' to lofe Time or Times therein to be prefixed, fhall lofe their Currency, and no Intereft fhall grow due there- &c _ ac *' upon, after the Time prefixed by fuch Notice. XXIV. Provided always, That in cafe Proof fhall be made upon Oath of one or more credible Wit- On Affidavit, &c, neffes, before the Lord Chief Baron, and other the Barons of the Coif of his Majefty's Court of Ex- that Bills > &c - chequer, or any of them, that any of the Bills which fhall have been made forth for the faid Sum, not " r e o re d ° r " e " exceeding one million, by this Act were, by Cafualty or Mifchance, loft, burnt or otherwife deftroyed, before Notice for before the Time of fuch Notice given for calling in the fame, and if by the Party's Oath the Numbers calling in the and Sums of fuch Bill or Bills fhall be afcertained, and if thereupon the faid Chief Baron and other fame, &c. Trea- the faid Barons, or any of them, before whom fuch Oaths were made, fhall certify, that he or they are '" r y to fatisty fatisfied in fuch Proof; then and in every fuch Cafe, the Commiflioners of the Treafury, or any three or Money re "aid 6 more of them, or the High Treafurer for the Time being, are hereby authorized to caufe the Money due upon fuch Bill or Bills fo loft, burnt or deftroyed, to be fatisfied out of the Money which fhall be re- paid as aforefaid, as if the original Bill or Bills were brought in to be cancelled : Provided the Perfon or Security to be Perfons fo receiving the Money, do give Security to the King, to the good Liking of the Perfon or Per- ^T™ c t °£^ ? fons who fhall be appointed as aforefaid to take in the faid Bills, to pay into the Exchequer, for the Ufe^ t ' e °& c / r of the Publick, fo much Money as fhall be paid upon fuch Certificate or Certificates, if the Bill or Bills fo certified to be loft, burnt or deftroyed, be hereafter produced. ' XXV. And to the End a fufficient Provifipn may be made for circulating and exchanging for ready ' Money from time to iime, the faid Exchequer-Bills not exceeding one. million, to be made forth by ' Virtue of this Aft, during the Time they are to be current, and for circulating and exchanging in like ' Manner fo many of the faid Exchequer-Bills made forth by Virtue of the faid two Acffs of the fixth ' and feventh Years of his Majefty's Reign, as will remain after cancelling one million thereof, out of S the faid Surpluffes and other Monies purfuant to this Adl, which remaining Bills will, by Eftimation, ' amount in principal Money to the further Sum of nine hundred and nineteen thoufand nine hundred by the Authority aforefaid, That the Commiflioners of the Treafury, or any three or more of them, or ™ traa Wltlr the High Treafurer for the Time being, on his Majefty's Behalf, fhall and may, from time to time, & " "r circula- enter into any Contract or Contracts for obliging any Perfon or Perfons, Body or Bodies Politick or Cor- ting- Bills for porate, who will voluntarily undertake this Service at his or their own Cofts and Charges, to circulate ready Money. and exchange, or caufe to be circulated and exchanged, at fome publick Office in London or Wejlminjler for ready Money, from time to time, all fuch of the faid Bills for feveral Sums not exceeding one million and nine hundred and nineteen thoufand nine hundred and twelve Pounds ten Shillings,, as fhall be E e e a demanded:
 * and twelve Pounds ten Shillings or thereabouts, fo long as they are to be current;' Be it further enacled Treafury may