Page:Ruffhead - The Statutes at Large - vol 6.djvu/560

 494- Ci 12. Anno decimo fexto Georgii II. A.D. 1743 or Perfon-s, Natives or Foreigners, Bodies Politick or Corporate, to contribute and pay to the firft o chief Cafhier or Cafhiers of the Governor and Company of the Bank of England for the Time being, ai or before the respective Days and Times to be limited and appointed by the faid Commiffioners of his Ma- jefty's Treafury, or the High Treafurer for the Time being, in that Behalf, any Sum or Sums of Monej not exceeding in the whole the faid Sum of five hundred and eighteen thoufand fix hundred Pounds, fo. the Purchafe of any Annuity or Annuities, to commence from the Feaft Day of the Nativity of Saint John the Baptift, or from any other fubfequent Feaft Day to be limited and appointed in like Manner: which Annuities fhall be a Joint-ftock of Annuities, and be computed at the Rate of three Pounds foi every one hundred Pounds, and in Proportion for any greater or iefs Sum, and be charged and chargeable upon, and payable out of the Duties on Licences herein before mentioned. Other Claufes in XI. Provided alfo, and it is hereby likewife enacted by the Authority aforefaid. That all and every the -the foramen- Claufes, Powers, and Provifoes, relating to the Contributions for fuch Annuities, and for making Al- tioned A3 ex- lowances not only to the Contributors for prompt Payment, but alfo to the faid Governor and Company, i^Gei' 'c' 5 '? OT t ^ e ' r ^ a '^ Cafhier or Cafhiers, and Accomptant General for receiving, paying, and accounting for fuch <eo. i.c.f^. c ontr;i DUt; on _ rnone y? and the Annuities payable in refpeft thereof; as likewife for transferring the faid Annuities without Fee or Reward, in Books to be kept for that Purpofe; and for exempting fuch An- nuities from all Taxes, Charges and Impofitions whatfoever. and for redeeming fuch Annuities, or ma- king good any Deficiency that may at any Time happen in the Fund appropriated for Payment of fuch Annuities; and all and every other the Powers, Privileges, Advantages, Penalties, _ Forfeitures, Difabili- ties, Matters and Things contained in one other Aft of this prefent Seifion of Parliament, for raifing one million eight hundred thoufand Pounds by Annuities, and a Lottery in Manner therein mentioned, fo far as the fame relate to the Annuities transferrable at the faid Bank of England, authorized by the faid Aft, to be created or fubferibed for on Credit thereof (except fuch Claufes as do charge fuch Annuities upon the Rates and Duties appropriated by the fame Aft for Payment thereof) fhall be applied and extended 1 to the Annuities to be fubferibed for or purchafed on this Aft, as amply, fully, and effeftually, to all In- tents and Purpofes whatfoever, as if the faid Annuities had been originally authorized by the before men- tioned Aft; or as if the faid feveral Powers, Privileges, Advantages, Penalties, Forfeitures, Difabilities, Matters and Things had been particularly repeated and re-enafted in the Body of this prefent Aft; any thing in this Aft before contained to the contrary thereof in any wife notwithftanding. Ayearly Account XII. And be it further enafted by the Authority aforefaid. That yearly arid every Year during the Con- to be made to the t i nuance f the f a j(j Loans, Exchequer Bills, or Annuities, or any of them, the Commiffioners of the Moneyfor licea- Treafury, or any three or more of them now being, or the High Treafurer, or any three or more of the JUijuois,, Saint John the Baptift in every Year, or within twenty Days after, caufe a true and perfeft Account in Writing to be taken, and attefted by the proper Officers, of all the Monies which fhall in the preceding Year, have been paid in the Receipt of his Majefty's Exchequer on account of fuch Licences for felling fuch Spirituous Liquors or Strong Waters, and how much thereof hath been applied, or will be neceffary to be applied for or towards the Intereft, Premium, or Rate on the faid feveral Loans, Exchequer Bills, or Annuities, amounting in the whole to one million, or other neceffary Charges, in, about, or for cir-
 * ng Spirituous Commiffioners of the Treafury for the Time being, fhall or may on the Feaft Day of the Nativity of
 * Ufe of the Sur- culating or exchanging the faid Exchequer Bills; and in cafe it fhall appear that on any fuch Feaft Day

jUffes. there fhall be or remain in the faid Exchequer, any Surplus arifen from the faid Duties over and beyond ■what will fatisfy fuch Intereft, Premium, or Rate and Charges to that Time, fuch SurplufTes fhall be and are hereby appropriated, and fhall be from time to time forthwith iflued and applied, as far as the fame will extend, for or towards the paying off" in the firft Place the principal Sums contained in fuch Ex .chequer Bills, amounting to four hundred and eighty-one thoufand four hundred Pounds, remaining un- satisfied as aforefaid, and cancelling and difcharging the fame in a numerical Courfe, until all the faid Bills fhall be difcharged; and that from and after fuch Time as the faid principal Sum of four hundred .and eighty-one thoufand four hundred Pounds fhall be paid off, or Money fufficient referved in the Exche- quer for difcharging the fame, together with the Intereft and other Charges thereupon; fuch Surplus as fhall then after from time to time yearly arife by the faid Duties, fhall be ftated, iflued, and applied in -fuch and the like Manner for difcharging in the next Place the remaining five hundred and eighteen thou- fand fix hundred Pounds in fuch Loans, Exchequer Bills, or Annuities as aforefaid, together with the Intereft thereupon, and Charges of circulating the faid Exchequer Bills, fubjeft neverthelefs to fuch Redemption by Parliament as is or fhall be enafted by any future Aft or Afts of Parliament in that Behalf. Monks ifiued XIII. And be it further enafted by the Authority aforefaid, That in cafe it fhall appear that on fuch cut of the Sink- Feaft Day the Money arifen into the Exchequer, in the preceding Year, ihall be fo low or deficient that ing Fowl the fame fhall not be fufficient to difcharge all Intereft, Premium, Rate, and Charges to that Time on the faid Loans, Exchequer Bills, or Annuities; fuch Deficiency fhall, from time to time, be made good out of the firft Supply to be granted in Parliament, next after fuch Deficiency fhall appear; and in cafe no fuch Supply fhall be granted within fix Months next after fuch Deficiency fhall happen, then the fame Ihall be made good out of any Monies which at any time or times fhall be or remain in the faid Receipt of the Exchequer of the SurplufTes, Exceffes, or Overplus-monies, commonly called the Sinking Fund {except fuch Monies of the faid Sinking Fund as are appropriated to any particular Ufe or Ufes by any farmer Aft or Afts of Parliament in that Behalf) and fuch Monies of the faid Sinking Fund fhall and fazy be from time to time iflued and applied, accordingly. 1 XIV. PioyiJtd