Page:Ruffhead - The Statutes at Large - vol 7.djvu/81

 A. D. 1747. Anno vlcefimo Georgii II. C. 36. ^7 IV. Provided always, and it is declared, Tiiaf if it fliall happen that feveral Tallies ol"Loan or Orders for No undue Pie- Payment as aforefaid, bear Date, or be brought the fame Day to the Auditor of the Receipt to be regiftred, *"™!^'^' '•'''^"^ then it {hall be interpreted no undue Preference which of thofe be entered firft, fo as he enters them all the ^_.^ thrrame' fame Day. _ Day. V. Provided alfo, That it fliall not be interpreted any undue Preference to incur any Penalty in Point of >jor if fubfe. Payment, if the Auditor direft, and the Clerk of the Pells record, and the Tellers do pay fubfequent Or- quent Orders be ders to Perfons that come and demand their Monies, and bring their Orders, before other Perfons that did paid before I'uch not come to take their Monies, and bring their Orders in Courfe, fo as there be fo much Money referved ^' "'"'^ "°' ^'^' as will fatisfy precedent Orders, which fhall not be otherwife difpofed of, but kept for them ; Intereft upon '"''" "^ ' Loan being to ceafe from the Time the Money is fo referved and kept in ]3ank for them. VI. And be it further enadted. That all and every Perfon and Perfons to whom any Money fliall be due Orders aflignable for Loans to be regiflred by virtue of this A<S, after Order entered in the Book of Regittry as aforefaid, his, toties quoties. her or their Executors, Adminillrators or Affigns, by proper Words of Affignment to be indorfed and writ- ten upon his, her or their Order, may uffign or transfer his, her or their Right, Title, Intereft and Bcneiit of fuch Order, or any Part thereof to any other; which being notified in the Office of the Auditor of the Receipt as aforefaid, and an Entry or Memorial thereof alio made in the Book of Redftry aforefaid for Orders (which the Officers fliall upon Requeft without Fee or Charge accordingly make) Inall intitle fuch Affignee, his, her or their Executors, Adminiflrators, Succeflbrs and Affigns, to the Benefit thereof, and Payment thereon, and fuch Affignee n-ay in like Aianner affign again, and ib toties quot'ies ; and afterwards it The Afllgnment fliall not be in the Power of fuch Perfon or Perfons who have or hath made fuch Affignment to make void, "°' '° ''^ voided, releafe or difcharge the fame, or any the Monies thereby due, or any Part thereof. VII. And to the end there may be no Want or Failure of a certain Sum not to exceed in the whole the Treafury may faid Sum of one million, to be raifed either by fuch Loans as aforefaid, or by ifTuing Exchequer Bills as is make new Ex- herein after mentioned, or by both or either of thofe Ways or Means for the publick Service ; Be it fur- chcciucr BUis ther enabled by the Authority aforefaid, That in cafe the Commiffioners of his Majefty's Treafury, or frid'onemillion any three or more of them now being, or the High Treafurer, or any three or more of the Commiffioners ^.-c. "~ ' of the Treafury for the Time being, fliall judge it more advifeable to raife the faid Sum of one million or any Part thereof, by Exchequer Bills, inftead of fuch Loans as aforefaid, that then they refpeftively are hereby authorized and impowered at any Time or Tim^s to prepare and make, or caufe to be prepared and made at the Exchequer, any Number of new Exchequer Bills, for any Sum or Sums of Money not ex- ceeding in the whole the faid Sum of one million, together with fuch Loans as aforefaid, in the fame or like Manner, Form or Order, and according to the fame or like Rules and Directions, as in and by a certain Act of Parliament (for granting an Aid to his Majefi:y by a Land Tax, for the Service of the Year one 20 Geo. z. c, z. thoufand feven hundred and forty-feven) are enadted and prefcribed concerning the Exchequer Bills to be made in purfuance of the faid Ait. VIII. And be it further enacted by the Authority aforefaid. That all and every the Claufes, Provifoes, The Exchequer Powers, Privileges, Advantages, Penalties, Forfeitures and Difahlities contained in the faid laft-mentioned Bills 10 be fub- Act relating to the Loans or Exchequer Bills authorized to be made by the fame Acl, except fuch Claufes •'^'■' '"'"^[^'"^ as do charge the fame on the Aids, Taxes or Afl'eflments granted by the fame Aft, or as if the faid feveral Claufes ojr Provifoes had been particularly repeated or re-enacled in the Body of this prefent Aft. IX. And be it enabled by the Authority aforefaid. That all the Exchequer Bills as fliall be made in ^^ ^^ xnM out purfuance of this A(St, and the Intereft, Premium, Rate and Charges incident to, or attending the fame, of ihe Sinking fliail be and are hereby charged and chargeable upon, and fliall be repaid and borne by or out of the grow- Fund. ing Produce of the faid Surplufles, Exceffes or Overplus Monies, commonly called The Sinking Fund (ex- cept fuch Monies of the faid Sinking Fund as are appropriated to any particular Ufe or Ufes by any former or other Aft or Afts of Parliament in that Behalf) and fuch Monies of the faid Sinking Fund fhall and may be ifTued and applied, as faft as the fame can be regularly ftated and afcertained, for and towards the paying ofF, cancelling and difcharging fuch Exchequer Bills, Intereft, Premium, Rate or Charges, until the whole of them (hall be paid off, cancelled and difcharged, or Money fufficient for that Purpofe be kept and referved in the Exchequer, to be payable on Demand to the refpeftive Proprietors thereof. X. And for the better enabling your Majelly to carry on the War with Vigour, both by Sea and Land, and to make good fuch Treaties as are or fliall be made with your Majefty's Allies, your faid dutiful and Joyal Commons have alfo freely given and granted unto your Majefly the further Sum of five hundred thou- fand Pounds, to be raifed in Manner herein after mentioned ; Be it therefore enafted by the Authority afore- faid, That it fliall and may be lawful to and for the King's molt Excellent R'lajefty, by Warrant or War- ThcfiiriherSum rants under his Royal Sign Manual, to authorize and impower the Commiffioners of his Majelty's Trea- of 500,000!. fury, now or for the Time being, or any three or more of them, or the Lord High Treafurer for the Time ??"'^'' '^ '^^ being, at any Time or Times before the twenty- fifth Day oi December one thoufand feven hundred and "^^ ^' forty-feven, to caufe or direft- any Loans to be taken or received at his Majefty's Exchequer, from any Per- to beraifedty fon or Perfons, Natives or Foreigners, Body or Bodies Politick or Corporate, or any Number of Exchequer 'f'^ns or Ex- Bills to be made out there, for any Sum or Sums of Money, not exceeding in Loans and Exchequer Bills "^ fl""*'"^' together, in the whole, the faid Sum of five hundred thoufand Pounds, in the fame or like Manner, Fotm and Order, and according to the fame or like Rules and Direftions, as in and by the before mentioned Aft of this prefent Seffion of Parliament (for granting an Aid to his Majefly by a Land Tax, for the Service of the Year one thoufand feen hundred and forty-feven) are enafted and prefcribed, concerning the Loans or Exchequer Bills to be taken or made in purfuance of the faid Aft, XI. And