Page:Ruffhead - The Statutes at Large - vol 6.djvu/748

 682, G. 3*- Anno dechiio nonoGEORGii II. A. D. 1746. CAP. XXXI 11 . . ■ ■ ■ . An Acl for granting to his Majefty a certain Sum & Money out of the Sinking Fund,
 * ^ ■ for, the Service of the Year, .one thoufand, feven hundred and forty-fix ; and alfo for

!i ni ■ enabling his Majefty to raife a further Sum of Money for the Ufes and Purpofes therein 1 mentioned ; and for the further appropriating the Supplies granted in this Seffion of Par- liament; and for making forth Duplicates of Exchequer Bills, "Lottery Tiekets, Receipts, Annuity Orders or other Orders, loft, burnt or otherwife deftroyed. ■ -'i tt> to Vi'L •] ; • . ■ . . . -; : Moft^ Gracious Sovereign. ,9 ' ''' " ~&7' ^ y pur Majefty's m -°.ft dutiful and' loyal Subject's, the Commons of Great Britain in Parlia- VV, riletit affembled, being defirous, to' raife the neceffary 'Supplies which we have chearfully granted td' your Majefty in this Seffion of Parliament, for the Service of the Year one thoufand feven hun- dred and forty-fix, in the eafieft Manner we are able, for the Benefit of your Majefty's. Subjects ; anrt alfo to ufe fuch Ways and Means therein, as that your Majefty may have the better and more fpeedy Effoct of the (aid Supplies, have refolved to give and grant unto your Maj-efty the Surnof one million, out of the Surpluses, Exceffes and Overplus Monies,' commonly called The Sinking Fund; and to that ■ t -»-i A ■* tt J- -Diiwu >./%. J «. -~>. ,-. i i».» u 1 __ T-. „/%. -.— t. ' ' A yr L. i- ~i~i — *.i_ -.*.- 1 *. 1 — i_f.oJ 1 a i_ i. * ». _o_ 1 1 .1 ' ■ by or out of fuch Monies as now are, or fhall from time to time be and remain in the Receipt of the Exchequer, of the faid Surpluffes, ' Exceffes or Overplus Monies, [commonly called the Sinking Fund (after paying or referving lufficient to pay all fuch Sum and Sums of Money as have been direct- • • ed by any former Ait or Acts of Parliament to be paid out of the fame) there fhall and may be One million iffuea and applied, a' Sum not exceeding the faid Sum of one million, for and towards the Supply granted out granted to.his Majefty, for the Service of the faid Year One thoufand feven hundred and forty-fix; 01 the Sinking snd the Commiffibners of Iris. Majefty's Treafury, or any three or more of them now being, or u /''' the high Treafurer, . or any three or more of the Commiffioners. of the Treafury for the time being, are hereby authorized and i'mpowered to iffue and apply the fame accordingly. Claufe of r.oan y fJ; And it .]§.. hereby enacted by the Authority aforefaid, That in cafe the faid Commiffioners of a V*oflPa9 e, }ti his Majefty's Treafury, or any three or more, of them now being, or the high Treafurer, or any three or more of the Cpramiffipners of the Treafury for the' time, being, fhall think it advifeable to raife the iajd Surh>f ope- million, or any Part thereof, by Loans or Exchequer Bijls, in Manner hereafter meh- ~ ,bsVi:. tioned,, that." it (halt aria ihay be lawful" to and for any Perfon or Perfons, Natives or Foreigners, Bo- bsau.bcnq wi ''xlie^ Politick or Corporate, to advance or lend , to his Majefty, at the Receipt of his Majefty's Ex- ".*'! . , ; chequer, any Sum or Sums of Money, riot exceeding the faid Sum of one million, upon the Credit of the faid Surpluffes, Exceffes and Overplus Monies, commonly called The Sinking Fund ; and to have and .. receive for the Forbearance of the Money lent, Ihtereft after a Rate riot exceeding four Pounds per. Centum per Annum, fo as fuch. Loans be allowed to be made by the faid Commiffioners of the Treafury, or any^ three or more of. therri how, being, or the high Treafurer, or any three or more of the Com- mimpriers of the Treafury for the time being, who are hereby authorized to iffue their Warrants for tlia't'Purpofe, as fail as fuch Ldans (hall be wanted for the publick Service j and moreover* that no- Mopey fo to be. lent on the Security of .this Act fhall be rated or affeffed to any Tax or Affeffment wjiatfoever. Tallies and III. And be it further enacted, That all and every Perfon and Perfons who fhall lend any Money Orders for Re- upon the Credit of this Act as aforefaid, and pay the fame into the Receipt of the Exchequer, fhall im- payment. mediately have a Tally of Loan flruck. for_ the fame, and an Order for his, her or their Repayment, bearing the fame Date with his, her or their Tally, in or upon which Order fhall be alfo contained a Warrant for Payment of Intereft for the Forbearance thereof, not exceeding the faid Rate of four Pounds per Centum per 'Annum, and to be paid every three Months, until the Repayment of the Orders to be Principal ; and all fuch Orders for Repayment of Money fo to be lent fhall be regiftred in Courfe regiftered and according to the Dates refpectively ; and that all and every Perfon and Perfons fhall be paid in puid in Courfe, Qp-y^ - dCCO rding as their Orders fhallftand regiftred in the faid Regifter Books, fo as the Perfon or Perfons, Natives or Foreigners, his, her or their Executors, Adminiftrators or Affigns, who fhall '. have his, her or their Order or Orders : firft efitred in the faid Books of Regifter, fhall be taken and accounted to be the firft Perfon or Perfons to be paid, out of the faid Surpluffes, Exceffes or Overplus Monies : and he, fhe cr they, who fhall have, his, her or their Order or Orders next entred, fhall be tr;ken and accounted to be the fecond Perfon to be paid, and fo fucceffively and in Courfe ; and that the Monies to come in of or for' the faid Surpluffes, Exceffes or Overplus Monies, commonly called The Sinking Fund as aforefaid, fhall be in the fame Order liable to the Satisfaction of the faid refpective Perfons, and Body or Bodies Politick or Corporate, their Executors, Adminiftrators, Succeffors or Af- v thoot undue fig ns refpectively, without any undue Preference of one before another, and not otherwife ; and fhall not Preference. be diverted or divertible to any other Ufe, Intent, or Purpofe whatfoever, other than fuch Ufes and Pur- pofes as are appointed by any other Act or Acts of Parliament in that Behalf as aforefaid; and that no Fee, Reward, or Gratuity, direiily or indirectly, fhall be demanded or taken of any of his- Majefty's 8 Subjects,