Page:Ruffhead - The Statutes at Large - vol 5.djvu/525

 A. D. 1723. Anno decimo Georgi i Regis. C. 5. 479 1 the Treafurer of his Majefty's Navy, by and out of the General yearly Fund of feven hundred twenty- ' four thoufand eight hundred forty-nine Pounds fix Shillings and ten Pence one fifth Part of a Penny, ' or out of the Money to be raifed at the Exchequer for purchafing an Annuity or Annuities, after a Rate ' not exceeding five Pounds per Centum per Annum, for the faid Sum of one hundred ten thoufand three ' hundred and twelve Pounds feventeen Shillings and four Pence three Farthings ; and that fuch Annui- ' ties fhould be charged on the faid General yearly Fund, and be payable and transferrable at the Bank ' oi England, as otiier Annuities payable out of the faid General yearly Fund were intended, by any for- ' mer Act or Acts of Parliament then in Force, to be payable and transferrable, until the Redemption ' thereof by Parliament : And whereas, in Purfuance of the faid Claufe, an Annuity of five thoufand five 'hundred and fifteen Pounds twelve Shillings and ten Pence Farthing per Annum, being after the Rate ' of five Pounds per Centum per Annum for the faid Sum of one hundred and ten thoufand three hundred ' and twelve Pounds feventeen Shillings and four Pence three Farthings, was created and charged on the ' faid General Fund; and whereas as much of the faid laft mentioned Capital Sum, as amounted to the ' Sum of one hundred anl feven thoufand eight hundred and two Pounds feventeen Shillingsand four ' Pence three Farthings, and as much of the faid Annuities attending the fame, as amounted to five thou- ' fand three hundred and ninety Pounds two Shillings and ten Pence Farthing per Annum, have been fub- ' fcribed into the Capital Stock of the South-Sea Company, and as much of the faid Capital Sum as ' amounts to two thoufand five hundred and ten Pound, and as much of the fame Annuity attending the ' fame as amounts to o::e hundred twenty-five Pounds and ten Shillings per Annum, do ftill remain tranf- ' ferrable at the Bank oi England, and are redeemable by Parliament ; and whereas the Sum of one mil- ' lion one hundred fifty-feven thoufand three hundred and fixty Pounds, in refpect only of the Tickets ' commonly called the Blank Tickets, drawn in the Lottery for railing fourteen hundred thoufand ' Pounds, for the Service of the Year one thoufand feven hundred and fourteen, was charged, with an ' Intereft after the Rate of five Pounds per Centum per Annum, upon the yearly Fund of one hundred and ' fixteen thoufand five hundred feventy- three Pounds twelve Shillings, payable at the Exchequer out of ' certain Duties on Soap, Paper, Linens, Silks, Callicoes, Stuffs, Starch, exported Coals, and upon " ftampt Vellum, Parchment and Paper, granted for thirty-two Years, from the fecond Day of Auguji uAm, Stat. 2, ' one thoufand feven hundred and fourteen, by two Acts, one of the twelfth Year of the Reign ot her late c. 9. ' Majefly Queen Anne, intituled, An Acl for laying additional Duties on Soap and Paper, and upon certain f Linens, Silks, Callicoes and Stuffs, and upon Starch, exported Coals, and upon Jlampt Vellum, Parchment, and ' Paper, for raifing one million four hundred thoufand Pounds by Way of a Lottery for her Majefly' s Supply, and ' 'for Allowances on exporting 7nf.de Wares of Leather, Sheep-fkins and Lamb -fiins ; and for Dtflribution of four 1 thoufand Pounds,' due to the Officers and Seamen fir Gun- Money ; and to adjufl the Property of Tickets in for- ' mer Lotteries ; and touching certain Shares of Stock in the Capital of the South-Sea Company ; and for appropria- ' ting the Monies granted to her Majefly ; and the other of the firft Year of your Majefty's Reign, intituled,, Geo. 1. Stat.i, ' An Ail for testifying Mi/lakes in the Names of the Gommifjioners of the Land-Tax, for the Tear one thoufand fe- c.z. ' veil hundred and fourteen ; and for raif.ng Jo much as is wanting to make up the Sum of fourteen hundred thou- ' fand Pounds, intended to be raifed by a Lottery for the publick Service in the faid Tear, or by one of the ' Acts laft mentioned And whereas fo much of the faid laft mentioned principal Sum of one million l ' one hundred fifty-feven thoufand three hundred and fixty Pounds remains unpaid off" or unfubferibed ! ' into the Capital Stock of the South-Sea Company, as amounts to the Principal Sum of one hundred and I ' ten thoufand fix hundred Pounds, and the fame is payable on certain (landing Orders made out in Pur- I ' to be appointed in Purfuance of the fame Acts, or one of them : And whereas the Monies arifen or to ' arife in the Receipt of the Exchequer of the Surpluffes, Excefles and Overplus Monies, commonly ■ ' called the Sinking fund, at prefent ftand appropriated to the paying ofFand cancelling the feveral Ex- ' are under a Contract or Contracts for circulating or exchanging the fame Exchequer-Bills for ready [ ' Money : And whereas the faid Governor and Company have confented, that notwithftanding fuch pre-
 * fuance of the Hid laft mentioned Acts, or one of them, by the Paymafter or Paymafters appointed or
 * ' chequer-Bills now in Being, or fome of them ; and the Governor and Company of the Bank oi England
 * fent Appropriation, fo much of the Monies, arifen or to arife into the Receipt of the Exchequer of
 * ' the faid Surpluffes, Excefles, or Overplus Monies, commonly called the Sinking Fund, at or before

' the Feaft of the Annunciation of .the bleffed Virgin Mary which final] be in the Year of our Lord one ■ ' thoufand feven hundred and twenty-four, as will be neceflary to pay off" the faid feveral Capital or Prin- 4 cipal Sums fo remaining unfubferibed or unpaid off" as aforefaid, and all Arrears of the Annuities or In- ! * terefts attending thereon, may be iffued and applied for the redeeming and paying oft" the fame, fo as ' the Remainder thereof, and the Monies which from the faid Feaft-Day fhall arife from the fame Sur- j ' pluffes, Excefles or Overplus Monies, remain and continue appropriated, as they are at prefent:' Now we your Majefty's dutiful and loyal Subjects, the Commons oi Great Britain in Parliament affembled, be- ing refolved to pay off and difcharge the faid feveral Capital Sums of two hundred and three thoufand eight hundred twenty-four Pounds five Shillings, thirty-one thoufand four hundred feventy-three Pounds thirteen Shillings and four Pence, and two thoufand five hundred and ten Pounds, making together two 1 hundred thirty-feven thoufand eight hundred and feven Pounds eighteen Shillings and four Pence, and to I redeem the faid feveral Annuities attending thereon, and alfo to pay off and difcharge the faid Principal j Sum of one hundred and ten thoufand fix hundred Pounds fo as aforefaid remaining due on the faid Or- ders made forth for the laid Blank-Lottery Tickets, together with the Intereft due or to grow due thereon, at the Rate of five Pounds per Centum per Annum as aforefaid : And being defirous thereby in fome Mea- fuid to eafe the prefent Burthen of the Publick Debts and Incumbrances, and to the Intent that fuffi- cient Monies may be iffued and applied for the Ends. and Purpofes aforefaid, do humbly befeech your Majefly,