Page:Ruffhead - The Statutes at Large - vol 5.djvu/98

 58. C. si. Anno primo Gborgii Regis. Stat. 2. A-. D. 1714, Parliament mall not be then fitting, in fuch cafe, at their firft or next Seffion, to the End a fufficient Pro- vifibn may be made for the Service of the Navy, and Victualling thereof for thatYear; but the Delay of making fuch Provifion fhall not be any Stop or Detriment to the making .good, in the Manner aforefaid, t'ie Deficiencies which fhall happen in the Payment of the faid yearly Fund of fix hundred thoufand Pounds, or the faid yearly Sum of eight thoufand Pounds, but the fame fhall from Time to Time, and. at all Times, until fuch Redemption as herein after is mentioned, be anfwered, paid and made good by the Treafurer of the Navy, as aforefaid; any Thing herein, or in the faid former Acts, or any of them contained, or any Cuftom or Ufage of the Navy, or other Matter or Thing to the contrary notwith- ftanding. On one Year's JX. Provided always, and it is hereby enacted by the Authority aforefaid, That at any Time upon Notlce a,1 i Re " one Year's Notice, after the twenty-fifth Day of December one thoufand feven hundred and fixteen, uponr to^Tafc-.' " ' R'-payment by Parliament of the faid Sum of ten Millions, and of all Arrears of the faid yearly Sums of See 3 Geo. i. fix. hundred thoufand Pounds, and eight thoufand Pounds, or upon Payment thereof by and r out of the c 9. §. 1, s, 3, Surplus Monies of the {"aid Duties and Revenues fettled for Payment. of the faid yearly Sums; then and- 4, 5, 10, 1 9,21, no " t t;jj t h eri5 all the Jmpofitions and Duties by the faid Act of the ninth- Year of her late Majefty's "21 9 " nn " Reign, or by this prefent Act appropriated, fhall and may be difpofed of by Parliament; and the faid yearly Fund of fix hundred thoufand Pounds, and all Annuities out of the fame, and the faid yearly, Sum of But Corporation eight thoufand Pounds fhall ceafe and determine; but that the faid Corporation by the Name aforefaid, to continue for after fuch Redemption of the faid yearly Sums, fhall continue for ever, and have perpetual Succefticn, «ver, &c. and fhall hold and enjoy all fuch Forts, Factories, Acquifitions, Lands, Tenements and Hereditaments, and all fuch Benefits of Trade, and other Benefits, Profits, Powers, Privileges and Advantages whatfoever,. whereunto they would be entitled by the faid Act of the tenth Year of her late Majefty's Reign, in cafe the Redemption of their yearly Fund were made purfuant to that Act; any Thing herein contained to the contrary notwithftanding. Afts of 9 Ann. X. And it is hereby enacted, That the faid feveral former Acts of the ninth and tenth Years of her late e. 12*. & 10 Majefty's Reign, and all the Powers, Privileges, Advantages, Exemptions, Rules, Directions, Penalties,., conferred^ ' Forfeitures, Claufes, Matters and Things therein contained (being now in Force) touching or concern- ^ Read <-.2i, ln S the faid Corporation, or the faid Duties and Revenues by the faid Acts or either of them fettled, and the faid yearly or other Sums to be paid out of the fame, or any of them (fuch Alterations as are made therein by this Act always excepted) fhall continue and be put in Execution in relation to the faid Corpo- ration, and the faid Duties or Revenues appropriated by this Act, and the yearly or other Sums hereby- charged thereupon, as fully as if the fame Powers, Privileges, Advantages, Exemptions, Rules, Directions,. Penalties, Forfeitures, Claufes, Matters and Things (except as aforefaid) were repeated and re-enacted in the Body of this Act. iv-Geo. 1. Stat. ( jq. ^ nc j wnereas by an Act of this Seffion of Parliament, intituled, An Acl for ralfing nine hundred' •■ *:'*'■' ' * and ten thoufand Pounds for publick Services, by Sale of Annuities, after the Rate of five Pounds per Centum, '.per Annum, redeemable by Parliament; and to authorife a Treaty concerning private Rights claitned.by the " Proprietors of the Sugar-Houfes in Scotland, the yearly Sum of forty-five thoufand five hundred Pounds, 5 Part of the yearly Sum of fifty-four thoufand fix hundred Pounds therein mentioned, is enacted to be a ' diftinct and feparate Fund for anfvvering and paying certain Annuities, after the Rate of five Pounds per 4 Centum per Annum, to be purchafed upon that Act, by quarterly Payments, until the Redemption thereof . of fuch Perfons and Corporations as are or fhall be willing to advance for the Service of the Publick, any Sum or Sums of Money, not exceeding the farther Sum of one hundred fixty-nine thoufand Pounds, for • purchafing Annuities at the faid Rate of five Pounds per Centum per Annum, to be fettled upon the yearly Sum of eight thoufand four hundred and fifty Pounds, other Part of the faid yearly Sum of fifty-four thou- fand fix h ndred Pounds, in the Manner herein after mentioned; It is hereby fu;ther enacted and declared 8-450 1. totea by the Authority aforefaid, that the faid yearly Sum of eight thoufand four hundred and fifty Pounds, is, rjmd for Amiu- and fhall be a diftinct and feparate Fund, and be iflued and applied (as this Act directs) for anfwering and ■ jties at 5I.. paying the Annuities, after the Rate of five Pounds per Centum per Annum, to be purchafed upon this Act, M>f thefe Partly quarterly Payments^ until the Redemption thereof by Parliament according to the Provifo herein after vere.fubic'ibed fpecified, and under the fame Penalties, Forfeitures and Difabilities, for any Offence or Neglect touching oy 6 Geo. i.e. the faid Fund of eight thoufand four hundred and fifty Pounds per Annum, or the Payments to be made 4. and the reft out of the fame, as are by the faid Act to be incurred for the like Offence or Neglect, ' in relation to the le^eeme^. ^ fa t d yearly Fund of forty-five thoufand five hundred Pounds, or to the Payments charged thereupon; any io.Geo. 1! C/5.' Thing in this or the faid recited Act, or in any other Law or Statute to the contrary in any wife notwith- - Handing. Sea at Mich. ^* - -^ nc * ' De lt ena ^ ec ^ by the Authority aforefaid, That yearly and every Year, from and after the iy, 5 ,' ' Feaft of- Saint Michael the Archangel in the Year of our Lord one thoufand feven hundred and fifteen, for ever, the faid.yearly Sum of eight thoufand four hundred and fifty Pounds, other Part of the faid yearly Sum of fifty-four thoufand fix hundred Pounds, arifing into the Receipt of Exchequer, fhall be the whole and entire yearly Fund; and in cafe all the Monies arifing into the Exchequer, as aforefaid, fhall not in any one Year amount to fo much as eight thoufand four hundred and fifty Pounds, (over and above the faid yearly Sum of forty-five thoufand five hundred Pounds) then the Monies fo arifing, fo far as they will extend, fhall be Part of the yearly Fund, for or towards the anfwering and paying all the Annuities, after the Rate of five Pounds per Centum per Annum, to be purchafed upon this Act; and that all and every De- ficiency and Deficiencies of the faid whole yearly Sum of eight thoufand four hundred and fifty Pounds, or any 3
 * by Parliament, according to a Provifo in that Act contained in that Behalf:' Now for the Encouragement.