Page:Ruffhead - The Statutes at Large - vol 7.djvu/271

 1 'J T A. D. 1750. Anno viceflmo tertio G EoRcs 1 1 II. C. 16. niftrators, Succeflcrs rr Affigns refpesJtivcly, until the fame fliall be redeemed according to the Tenor or true Meaning oftheProvifo or Condition herein after- mentioned in that Behalf; fo as fuch Cafhier or Csdixr rf (he- Cafiiiers do firfc give Security to the good Liking of any three or more of the Coramiffioneis of his Majsfty's B^nk to give Treafury now being, or of the High Treafurer, or Commiflioners of the Treafury for the time being, for Secnriij-. duly anfvvering and paying into the Receipt of his Majefty's iixchequer, for the publick Ufe, the IV'loney ■fo to be advanced or contributed, and to account duly for the flime; which Annuities before-mentioned Annuities to fhall be computed at the Rate of three Pounds per Centum per Annwn for every one hundred Pounds, and l^f -"^ 3 '■ P=r proportioiiablv for any greater Sum fo to be advanced or paid; and the Furchafe-money for every fuch An- "'• nuity, at the Rate aforelaid, is hereby appointed to be paid to the faid Cafnier or Cafliiers, as aforefaid, at or before the reipeSive Days or Times hereinafter limited; that is to fay, ten Pounds pt?r Ci?«/i/?«, Part Times of Pay- thereof, on or before the twentyeth Day of April, which (hall be in the Year of our Lord one thoufand mer.to,-iiiet.on. jsven hundred and fifty; fifteen Pounds /i^r C<?H/a??2, other Part thereof, on or before the twentieth Day of *-"'"J"°n M"^- ?««^then next enfuing; t-vventy-five Pounds per Centtitii, other Part thereof, on or before the eighteenth Day "'^>'- ti Aiigiiji then next enfuing; tv/enty-five Pounds per Centum, other Part thereof, on or before the eighteenth Day of OSiober then next enfuing; and the remaining twenty-five Pounds per Centum, on or before the eiohteenth D^y of December then next following: All which Annuities fo to be purchafed, fhall not exceed Annuities not t, m the Whole the Sum of thirty thoufand Pounds per Annum, and fhall commence from the Feail: Day of ^"'■''^^'^ JOi^aoi. the Annunciation of the BlefFed Virgin Mary, which fhall be in the Year of our our Lord one thouiand .^^ Moix'h"'?-" feven hundred and fifty, and fhall be paid and payable in the Manner, and at the refpedtive Feaft Days and ro be-aid ' herein after- mentioned; that is to fay, The firfl Payment thereupon fhall be made for the three Qiiarters of Haif-yearly. n Year, which will be due thereupon, computed from the Feaft of the Annunciation of the Blefled Virgin ■. Mary in the Year one thoufand feven hundred and fifty, to the Feafl: of the Birth of our Lord Chrifl: then 0" next enfuing, and the fubfequent Payments Half-yearly, at the Feafrs of the Nativity of Saint John the Bap- th}, and the Birth of our Lord Chrilf, or within fix Days after every of the faid Feaft Days; and that the nrft of the faid Half-yearly Payments fhall be paid at the Feaft of Saint John the Baptijl which fhall be in the Year of our Lord one thoufand feven hundred and fifty-one, or within fix Days after the faid Feaft Day; neverthelefs the faid Annuities fhall be redeemable according to the Purport and true Meaning of a Provifo or Condition herein after contained in that Behalf, and not otherwife : And the faid Cafhier or Cafhiers of Ca^Tiie,- to fivs the faid Governor and Company for the time being, is hereby authorized and required, upon the advan- Contributors cing and paying to him or them any Sum or Sums of Money, as aforefaid, forthwith to give a Receipt in '^^S'^'P =» ■■ Writing, figned by himfelf or themfelves, for each Payment, to the Contributor or Payer thereof; which which fh.-Jl be Receipts fliall be affignable by Lidorfement thereupon made, at any Time before the eighteenth Day of afilgnab'e; December one thoufand feven hundred and fifty, and no longer : And the faid Cafhier or Caihiers fliall, from and to pay the time to time, pay into the Receipt of his Majefty's Exchequer all the Monies which he or they fliall re- '^^""'^^ '°""f'= ceive of or for the faid Sum, not exceeding one million, as faft as he or they fhall receive the fame, or any Exchequer. Part thereof, or within five Days at the fartheft; and to account for all the Monies fo to be advanced and paid to him or them in his Majefty's Court of Exchequer, according to the due Courfe thereof, IIL And it is hereby enacted, That in the Office of the Accomptant General of the Governor and Com- Contiii utrrs pany of the Bank of England for the time being, there fhall be provided and kept a Book or Books, in Names to be which there fhall be fairly entered the Names of all who iliall be Contributors for fuch Annuities after the entered in a Rate of three Pounds /)«r Centum per Annum, as aforefaid, and of all Perfons by whofe Hands the faid Con- ^°°'^> ";'■* 'he tributors fhall pay in any of the faid Sums upon this Afl, and alfo the Sum fo paid; to which Book or "™^P-"''j Books, it fhall be lawful for the laid refpcftiye Contributors, their Executors, Adminiftrators, Succeffors and Affigns, from time to time, to have refort at all feafonable Times, and to infpecSt the fame without Fee whidi mav be or Charge; and the faid Accomptant General for the time being, fhall, on or before the twenty-fifth Day inipeaed gratis. of March which fliall be in the Year of pur Lord one thoufand feven hundred and fifty-two, tranfmit an at- Duplicate to ba tefted Duplicate, fairly written on Paper of the faid Book or Books, into the OiHce of the Auditor of the tranfmitted to Receipt of his Majefty's Exchequer, there to remain for ever. ■ the Exchequer. IV. And it is hereby enr.ifed by the Authority aforefaid. That all and every Contributor and Contribu- Contributors tors upon this A(3, duly paying the Confideration or Purchafe- money at the Rate aforefaid, at or before the pa)ing tiiePur- xefpedlive Days or Times in this Aft before limited in that Behalf, for fuch Annuity or Annuities as afore- ch:;fc-nioiiey lo faid, or fuch as he, flic or they fliall appoint, his, her or their refiicflive Executors, Adminiftrators, Sue- '"="'t't!ed to the ceflbrs or Aflign';, fliall have, receive and enjoy, and be intitled by virtue of this A£t, to have, receive ■'^''""'"'^^' and enjoy the refpeftive Annuity and Annuities lb to be purchafed out of the Monies by this Act appro- propriatcd or appointed for Payment thereof as aforei'aid, and fliall have good and fure Eftates and Interefls therein for ever, fubjeit only to the Provifo or Condition of Redemption, in this A6t afterwards contained, concerning the fame; ^nd that all the faid Annuities to be purchafed on this Ait, and the Principal Mo- ,,., . ,, , nies paid for the fame, .and every of them, during the Continuance thereof, ftiall be free from all Taxes, frc^'^ot Taxes V. Provided always. That in cafe any Contributor or Contributors, for the Purchafe of any of the faid Accomptant d;. nnuities, fliall after Payment of ten Pounds per Centum, in Part of his, her or their Purchal'; -Money, de- neraltogivcCre- ' the faid Accomptant General, and that the Principal Money, and the Annuity attending the fame, beim- p,ij'_ ''' "'"'* , mediately transferrable (except the ten Pounds per Centu.ui, which is to remain as a Depcfit till Payment of tl»e whole Sum by him, her or them fubfcribcd for, is fully completed) it ihall be lawful for the faid Ac- comptant General, and he is hereby required upon fuch Requeft made by any fuch Contributor or Contri- butors, to give Credit in the faid Book or Books, for each refpeiSlive Principal Sum., by him, her or them fubfcribed and paid as aforefaid; any thing herein contained to the contrary. uotwithftanding. G g 2 VL And •
 * C'larges and Impofitions whatfoever.
 * fire that the fubfe: uent r.iyments, to be made by him, her or them, at the refpeftive Times limited in that '''f'°^'"^ Con-
 * Behalf, may immediately be made Stock in the Book or Books to be kept for that Purpofe, in the Office of p^^^^'""i g"'^''^'