Page:Ruffhead - The Statutes at Large - vol 7.djvu/188

 144 C' 23. Anno vicefimo fecundo Georcii IL A. D. 1749/ iind to canc.-f nor and Company of tlio Bank o^ England; and that it fiiall alio be lawful for the Treafurer of his Ma- thcm, and cer- jefty's OfHce of Ordiuincc in like Manner to take in all Debentures payable out of the faid Office of Ord- ■tiiy the fame to nance, which {hall, on or before the faid twentieth Day oi. April one thoufand feven hundred and forty- fuch Debeiiture to the faid Governor and Company of the Bank oi England. Navy 3111s or {[J. And it is hereby alfo enafted by the Authority aforefaid. That it (hall and may be layvful to and for C)rdn;.nce De- ^^^^ Perfou Or Pcrfons, Natives or Foreigners, Bodies Politick or Corporate, who mail be pofTefTed of, m- out heToreTt' ^ tereftcd in, or intitled unto any fuch Navy, ViSualling or Tranfport Bills, payable in Courfe, or any furli ■Dec. 1748, to Debentures payable out of the faid Office of Ordnance, which were dated or made out in the faid refpec- l)c delivered to tivc Of&ces, Oil or' before the faid thirty-lirfl: Day of December one thoufand feven hundred and forty-eight,,, tiieTrearureis ^^ deliver fuch Bill or Bills, Debenture or Debentures, to the refpective Treafurers of thofe Offices, to be' wiihinihe marJced, cancelled and certified as aforefaid, at any time on or before the faid twentieth Day of ^r/7 one ' thoufand feven hundred and forty-nine, at fuch Place or Places as have or fhall be appointed, and of which publick Notice hath or fliall be given in the London Gazette, and other publick Papers for that Purpofe. PerfoHs ddivcr- ■ IV. And be it further enafted by the Authoi'ity aforefaid, That every Perfon and Perfons, who fliall de!i- ing fuch Bills or v£r any fuch Bill or Bills, Debenture or Debentures, to fuch refpedtive Treafurers as aforefaid, fliall, in re- Debentures, to fpefl of the Principal Sum or Sums contained in every fuch Bill or Bills, Debenture or Debentures, toge- Y A^nu't^'f *■ ^^ ^'^'^ ^^^ Interefi due thereupon to the faid twenty-fifth Day oi March one thoufand feven hundred and I", per'cent.'' forty-nine, be intitled to an Annuity after the faid Rate of four Pounds per Centum per Annum, to commence from the faid Feaft Day of the Annunciation of the BlefTed Virgin Alary one thoufand feven hundred and forty-nine, and to be paid and payable to fuch Perfon or Perfons, or fuch as he, flie or they fliall nominate bis, her or their Executors, Adminiflrators, Succeflbrs or Affigns refpeftively, until the Redemption thereof by Parliament, in Manner herein after directed in that Behalf, which faid Annuities fhall be paid and pay- able half yearly, at two of the moft ufual Feafts or Days of Payment in the Year, (that is to fay) the Feails of Saint Michael the Archangel, and the Annunciation of the Bleffed Virgin Mary, the firft Payment there- of to be due and payable at the Feafl: of Saint Michael ths Archangel, which fliall be in the Year of our Lord one thoufand feven hundred and forty-nine. Annukies-to V. And be it further ena£ted by the Authority aforefaid. That all and every Perfon and Perfons, intitled be payable till {q jpy Annuity or Annuities as aforefaid, or fuch as he, flie or they fliall appoint his, her or their refpec- ^deemed by tjve Exccutors, Adminiftrators, Succeffors or Affigns, fliall have, receive and enjoy fuch refpeftive Annuity ■" ' ' ox Annuities, out of the Monies by this Ai£f appropriated as aforefaid, until Redemption thereof by Parlia- ment, according to the Provifo herein after contained in that Behalf; and that all and every fuch Peribn or Perfons, their Executors, Adminiftrators, Succeffors and Affigns refpeftively, fliall have good, fure, abfo- lute and indefeazible Eftates and Intcrefls in the faid Annuities, according to the Tenor and true Meaning ann to be a Per- of this Acl J and that all fuch Eflates and Interefls of and in the faid Annuities, and every of them, fhall ifunal £f;ate. be, and be adjudged, taken and accepted in Conftrudioif of Lavi^ and in all Courts of Law and Equity whatfoever, to be a Perfonal and not a Real Eflate, and fliall go to the Executors or Ailminiftrators of the Perfon or Perfons dying poiTefled thereof, interefled therein or intitled thereunto, and not to the Heirs of fuch Perfon or Perfons ; any Law, Cuflom or Ufage to the contrary notwithflandlng ; and that all the faid Annuities, and every of them, fliall be free from all Taxes, Charges and Impofirions whatfoever. TreaPir'-rsto VI. And be it further enadted by the Authority aforefaid. That the faid refpeftive Treafurers flia''. —■ ^ give Certificates they are hereby authorized and required, upon any Perfon or Perfons delivering to them any fuch ' for thcPrjnci- ^Bills, Debenture or Debentures, forthwith to give a Certificate figned by them relpectively, for the irin- ■taincd"7n^ "ch" "^'P^' Sums Contained in fuch Bill or Bills, Debenture or Debentures, together with the Interell thereupon, Ei'ilsor Deben- Computed to the faid twenty-fifth Day of y^-/(7rt-/i One thoufand feven hundred and forty-nine, as aforefai ', ^:ureE, with the to fuch Perfon or Pcrfons, or his or her Affigns ; and all fuch Certificates fhall be affignable by Endor . 3ntereftdue. ments thereupon made at any Time before the twenty-ninth Day of September one thoul'and fe-en hund:c.i h'"'^"(r"'M,'° ^""^ forty-nine, and no longer; and all fuch Certificates and Affignnicnts thereupon fliall not be chargeable aml'ncft"cha'r'-e- '^'''^ ^"y Stamp Duties, any Law or Statute to the contrary notwithftanding. able with Stamp VIL And be it further cnaclcd by the Authority aforefaid. That the Intereft of fuch of the faid Bills Duty. and Debentures, by this A61 intended to be delivered up (as carry Interefl) fhall be comptited to the faid Intereft of the twenty-fifth Day oi March one thoufiind feven hundred and forty-nine, and fhall be added to the Principal ?'" *'^; ^""•" Sum contained in every fuch Bill or Debenture, and (b much as fuch Principal and Intercil computed as ,l"^ctmp'.ued u. aforefaid fliall amount unto, flial! be the Principal Sum for which the Perfon or Perfons delivering the fame 7.5Maich 1749, ^^''^^ '"^ intitled to an Annuity after the faid Rate of four Founds per Centum per Annum, until Redemption and to be addc.) thereof, ill Manner hereafter mentioned. to the Principal, VIII. Provided alio, and be it further enafled by the Authority aforefaid. That if any Infants fhall by Guardians may the Gift, Devifc or Dcccafe of the Parent or other Relation of fuch Infants, or otherwife become intitled to deliver up fuih g^y ^f the faid Bills or Debentures intended to be provided for by this Ac>, in luch Cafe the Guardian or ^'!es°a's'f'niti«s (ji^ardians, Trtiftee or Trufl:ees, of luch Infant or Infants, fliajl or may be, and they are hereby impow- ili Ml Sie iiaiikd ered, for the Benefit of fuch Infant or Infants, to deliver up to fuch refpeiSlive Treafurers, all fuch of the to, &c. faid Bills or Debentures, to which fuch Infant or Infants fhall be fo intitled, and fuch Infant and Infant^, Guardian or Guardians, Truflee or Tiuftees, delivering up fuch Bills or Debentures, fliall be intitled to an Annuity or Annuities after the faid Rate of four Pounds per Centum per Annum, in refpecl of the Piincip.il Sums contained in fuch Bill or Bills,- Debenture or Debentures fo to be delivered up, together with the In- tereft thereupon, computed to the laid twenty-fifth Day of March one thoufand feven hundred and forty- nine, to be paid out of the Monies by this Afl appropriated for that Purpofe ; and the iiiid Guardian or Guardians, Truflee or Truftees, fliall be difcharged from the fame j any thing herein contained, or any IX. Provided
 * th9 Bank. nine, lae delivered to him, who is hereby alfo authorized and required to cancel the fame, and certify every
 * jaw, Ufage or Cuftom to the contrary in any wife notvvithilanding.