Page:Ruffhead - The Statutes at Large - vol 5.djvu/67

 A. D. I7T4. Anno primo Georgii Regis. Stat. 2. C. 12. 27 as by fuch weekly or other Payments, the Sums to be due to the faid Governor and Company, or their Succeflbrs, upon their Allowances laft mentioned, at the End of each quarterly Day of Payment thereof, be not exceeded. XVIII. And it is hereby enacted, That after paying or referving fufficient to pay and fatisfy, from Time After th»t elie to Time, fo much as is or fhall be grown due or dcmandable for the faid Allowance of three Pounds per y cjr| y *" w of Centum per Annum, and Intereft of two Pence per Centum per Diem, and the faid Allowances of forty-five ' 20, ^ f ^ f?" thoufand Pounds per Annum, and eight thoufand Pounds per Annum, then the faid yearly Sum of one hun- civil Lift, died and twenty thoufand Pounds, for the Service of his Majefty's Houfliold and Family, and other his neceffary Expences and Occafions, fhall grow due and be payable to his Majdly quarterly, from the faid Feaft of St. Michael the Archangel in the Year of our Lord one thoufand feven hundred and fifteen, at the four moft ufual Feafts in the Year, by equal Portions, during his Majefty's natural Life, as aforefaid, out of the Monies of the faid General or Aggregate Fund, arifing or to arife by the faid Duties or Revenues al- ready commenced, or hereafter to come in, as aforefaid ; and that the Commiflioners of his Majefty's Trea- fury, or Lord Treafurer, and Under-treafurer of the Exchequer, for the Time being, fhall and may, and they are hereby authorized and required to caufe the faid yearly Sum of one hundred and twenty thoufand Pounds to be iilued and applied, weekly, or as foon as the fame can be fatisfied, in the Order and Courfc aforefaid, for the fame Services, out of the faid Monies of the faid General or Aggregate Fund, or any of them, fo as by fuch weekly or other Payments, the Sum of thirty thoufand Pounds to be due thereupon at the End of each Quarter be not exceeded. XIX. And be it further enacted by the Authority aforefaid, That after paying or referving fufficient to After that, tie nay and fatisfy, from Time to Time, fo much as is or fhall be grown due or demandable for the faid Al- y tat 'y Sum of lowance of three Pounds per Centum per Annum, and Intereft of two Pence per Centum per Diem, and the ue*itt < a 1 "-« to faid Allowances of forty-five thoufand Pounds per Annum, and eight thoufand Pounds per Annum, and for anfwe/the per- or upon the faid Sum of one hundred and twenty thoufand Pounds per Annum, then the faid Sum of fifty- petualAniwiuet. four thoufand fix hundred Pounds per Annum, from the Feaft of St. Michael the Archangel in the Year of our Lord one thoufand feven hundred and fifteen, for ever, fhall at the faid four ufual Feafts in the Year, by equal Portions, without any Deduction or Abatement, be feparated and fet apart in the faid Receipt of Exchequer, out of the Monies of the faid General or Aggregate Fund, arifing and to arife by the faid Du- ties or Revenues already commenced, or hereafter to come in, as aforefaid, and fhall, from Time to Time, be iflued and applied to anfwer and fatisfy fuch perpetual Annuities as fhall be purchafed thereupon, after the Rate of fix Pounds per Centum per Annum, fubject neverthelefs to Redemption by Parliament, accor- ding to the true Intent and Meaning of fuch Act or Ads of Parliament, as is, are, or fhall be paffed, for raifing thereupon any Sum or Sums of Money not exceeding the faid Sum of nine hundred and ten thoufand Pounds, for the Service of the Publick. XX. And it is hereby declared to be the true Intent and Meaning of this Act, That the faid Allow- J h ' fem ^ ance after the Rate of three Pounds per Centum per Annum, and the faid Payments for Intereft, fhall from rc creoces ' Time to Time take Place, and be preferred in point of Payment, out of the faid General or Aggregate Fund hereby eftablifhed, before the faid yearly Sums of forty-five thoufand and eight thoufand Pounds, or either of them ; and that the faid yearly Sums of forty-five thoufand Pounds, and eight thoufand Pounds, .fhall from Time to Time take place, and be preferred in point of Payment, before the faid yearly Sum of one hundred and twenty thoufand -Pounds ; and that the faid yearly Sum of one hundred and twenty thoufand Pounds ihall from Time to Time take place, and be preferred in point of Payment, out of the. faid General Fund, before the faid yearly Sum of fifty-four thoufand fix hundred Pounds ; and that the faid yearly Sum of fifty-four thoufand fix hundred Pounds fhall from Time to Time take place, and be prefer- red before any Sums herein after mentioned, for making good Deficiencies (when any fuch fhall happen) of or in other Funds of the faid Governor and Company, and before the yearly Sum herein after mention- ed, for cancelling and difcharging the faid Exchequer-Bills. XXI. Provided always, and be it enacted by the Authority aforefaid, That after paying or referving How the Dcfi- fufficient to pay and fatisfy, from Time to Time, fo much as is or fhall be grown due or demandable foj-ciehciesft'all fas the faid Allowance of three Pounds per Centum per Annum, and Intereft of two Pence per Centum per Diem, made E 00<1, and the faid Allowances of forty-five thoufand Pounds per Annum, and eight thoufand Pounds ^r Annum., and for and .upon the faid yearly Sums of one hundred and twenty thoufand Pounds per Annum, and fifty- four thoufand fix hundred Pounds per Annum, then the faid Deficiency and Deficiencies for making good the Payments, to be from Time to Time incurred and grown due, for or tipon the faid yearly Sums of one hundred thoufand Pounds, and one hundred and fix thoufand five hundred and one Pounds thirteen Shillings and five Pence, and either of them (when and as often as any fuch fhall happen) fhall from Time to Time be fatisfied and anfwered out of the Monies of the faid General or Aggregate Fund, arifing cr to arife by the faid Duties or Revenues already commenced, or hereafter, to come in, as aforefaid; and the Commiflioners of the Treafury, or the Lord Treafurer, and Under-treafurer of the Exchequer for the Time being, are hereby authorized and required to caufe every fuch Deficiency or Deficiencies fo happen- ing, to be fatisfied and paid accordingly, with Preference to any Iffues then to be made for cancelling the faid Bills, which Deficiencies (if any fuch be) ihall' be annually computed at the Exchequer, from the Pro- duce of the faid refpective Revenues there (to wit) the Deficiency of the faid original Fund on the firft Day of June yearly, and the Deficiency of the Annuity laft mentioned at Michaelmas yearly. XXII. Provided alio, and it is hereby enacted, That after paying or referving fufficient. to pay and fatis- How the Bn"«i- fy, from Time to Time, ib much as is or fhall be grown due or demandable for the faid Allewance of? ;d Money °i E .3 three the **«<*£**-