Page:Ruffhead - The Statutes at Large - vol 6.djvu/564

 498 C 13. Anno decimo fexto G e o r g i i II. A.D. 743. Value of the Prizes, anil the Annuities at- tending the fame, &c. to he Annuities made transferable. Annuities to be paid at the Bank Names of Perfbns enter or caufe to be entred into a Book or Books, to be by him or them kept for that Purpofe, the Name kets B ' ng of every P er f° n wno brings any Ticket or Tickets to be exchanged for fuch Certificate or Certificates and the Number or Numbers of the Ticket or Tickets which {hall be fo brought by fuch Perfon or Per- fons, the Value in Principal Money payable thereupon, the Annuity attending the fame, and the Day of the Month, and the Year of our Lord, when the fame was fo brought; which Book and Books fhall lie open in the Office to be appointed for taking in the faid Tickets to be exchanged for fuch Certificates for all perfons concerned to perufe; all which Certificates fhall be figned by the Officer or Officers fo to entred in a Book, be appointed, or the major Part of them, and be directed to the Accomptant General of the Bank of England for the Time -being. XXVII. And be it further enacted by the Authority aforefaid, That the faid Accomptant General of the Bank of England for the Time being, to whom the faid Certificates are to be directed as aforefaid fhall upon receiving and taking in the faid Certificates or any of them, give Credit to the Perfons named therein in the fame Book or Books, with the Contributors for the Purchafe of the Annuities, not exceed- ing one million herein before directed to be inferted in a Book or Books, or in any other Book or Books to be by him provided and kept for that Purpofe, for the Principal Sums contained in every fuch Certifi- cate; and the Perfons to whofe Credit fuch Principal Sums fhall be entred in the faid Book or Books, his, her or their Executors and Adminiftrators, fhall and may have Power to affign and transfer /he fame, or any Part, Share or Proportion thereof, to any other Perfon or Perfons, Bodies Politick and Corporate whatfoever, in other Books to be prepared and kept by the faid Accomptant General for that Purpofe; and the principal Sums fo affigned or transferred, fhall carry the faid Annuity of three Pounds per Centum per Annum, and fhall be taken and deemed to be Stock transferrable by this Act, according to the Powers and Authorities herein after mentioned, until the Redemption thereof as aforefaid; and the faid Accomp- tant General of the Bank of Engla?id for the Time being, is hereby authorized and directed to cancel and file the Certificates as they fhall from Time to Time be received and taken in by him, and to give the Perfons bringing in the fame, a Note under his Hand, teftifying the principal Money for which they have Credit in the faid Book or Books, by Reafon or Means of the Certificates fo received, taken in and can- celled as aforefaid, and of the Annuities attending the fame. XXVIII. And for the more eafy and fure Payment of the feveral and refpective Annuities, amounting in the whole to one million eight hundred thoufand Pounds, by this Act authorized to be purchased as aforefaid; it is hereby further enacted by the Authority aforefaid, That the faid Governor and Company of the Bank of England, and their Succeflors, fhall from Time to Time, until the faid feveral and re~ fpe&ive Annuities after the Rate of three Pounds per Centum per Annum fhall be redeemed according to this Act, appoint and employ one fufficient Perfon within their Office in the City of London to be their chief or firft Cafhier or Cafhiers, and one other fufficient Perfon within the fame Office to be their Ac- Money to be paid comptant General, and that fo much of the Monies from Time to Time arifing in the Receipt of the Ex- imo the Bank by cne q ue r 5 of the Rates and Duties on Low Wines, Spirits and Strong Waters, by this Act appropriated eauer. ^ ^.^ Purpofe, as fhall be fufficient from Time to Time to anfwer the faid feveral and refpective An^ nuities and other Payments by this Act directed to be paid or difcharged out of the fame, fhall by Order of the Commiffioners of his Majefty's Treafury, or any three or more of them now being, or the High Treafurer, or Commiffioners of the Treafury of his Majefty, his Heirs and Succeflors for the Time being, without any further or other Warrant, to be fued for, had or obtained in that Behalf, from Time to Time at the refpective half-yearly Feaft Days, or Days of Payment in this Act before appointed for Pay- ment thereof, be iffued and paid at the faid Receipt of Exchequer to the faid firft or Chief Cafhier or Cafhiers of the faid Governor and Company of the Bank of England, and their Succeflors for the Time being, by way of Impreft and upon Accompt, for the Payment of the faid feveral and refpective Annui- ties to be purchafed upon this Act, at fuch Times, and in fuch Manner and Form as are by this Act pre- ferred in that Behalf; and that ail and every fuch Cafhier or Cafhiers to whom the faid Monies fhall from Time to Time be iflued, (hall from Time to Time without Delay apply and pay the fame accordingly, and render his Account thereof according to the due Courfe of the Exchequer; any Thing herein con- tained to the contrary notwithftanding. XXIX. And it is hereby alfo enacted, That the faid Accomptant General for the Time being, fhall From Time to Time infpedt and examine all Receipts and Payments of the faid Cafhier or Cafhiers, and Annuities to be the Vouchers relating thereunto, in order to prevent any Fraud, Negligence or Delay; and that all and deemed Perfonal every Perfon and Perfons whatfoever, who fhall be intitled to any of the faid feveral and refpective An- nuities, after the Rate of three Pounds per Centum per Annum, and all Perfons . lawfully claiming under them, fhall be pofTeffed thereof as of a perfonal Eftate, and the fame fhall not be liable to any foreign At- tachment by the Cuftom of London or otherwife, by any Law, Statute or Cuftom to the contrary not- withftanding. XXX. And be it further enacted by the Authority aforefaid, That all the Monies to be advanced or contributed, or to which any Perfon or Perfons fhall become intitled upon this Act, for or towards the faid Sum not exceeding one million eight hundred thoufand Pounds, fhall be deemed, reputed and taken to be one Capital or Joint Stock, on which the faid feveral and refpective Annuities after the Rate of three Pounds per Centum per Annum fhall be attending; and that all and every Perfon and Perfons and Corporations whatfoever, in Proportion to the Money by him, her or them advanced, or to which they fhall become intitled as aforefaid upon this Act, fhall have and be deemed to have a proportional Intereft and Share in the faid Stock, and in the Annuity attending the fame at the Rate aforefaid; and that the faid whole Capital or Joint Stock, or any Share or Intereit therein, and the proportional Annuity atten- ding the fame, fhall be affignable and transferrable as this Act directs, and not otherwife; and that there I fhall Cafhiers to ac- count back into the Exchequer. Eftate. Annuities a- mounting to i,3oo,oool. to be deemed one Capital Stock; nvhich is made transienabie.