Page:Ruffhead - The Statutes at Large - vol 8.djvu/106

 7 2 C. 23. Anno triceiimo Georgii 11. A. D. 1757. One million * to give anJ grant to your Tvlajefly the Sum of one million for that Purpofe ; and do therefore moft granted to his « humbly befcech your Majeil, that it may be enacfted ;' And be it enaiSled by the King's moft Excellent Majefiy to defray j'ijijefl-y^ by anJ with the Advice and Confent of the Lord Spiritual and Temporal, and Commons, in ExLnc'es"^'^ this prefcnt Parliament aiTembled, -and by the Authority of the fame. That it Ihall and may be lawful to HisMiieftvhv ^"'^ ^°'" '•^*^ King's moft Excellent Majefty, by Warrant or Warrants under his Royal Sign Manual, to Vv'arrant under authorize and impower the Commiffioners of his Majefty's Treafury now or for the Time being, or any his Sign Manual three or more of them, or the Lord High Trcafurer for the Time being, at any Time or Times bc- may authorize fy^e the fifth Day of y^Tz/wc/rj one thoufand (even hundred and fifty-eight, to caufe or direfl any Loans ^'^'vT-'^j^""^" '° to be taken or received at his Majefty's Exchequer, from any Perfon or Perfons, Natives or Foreigners, "^"T c h ' Ijody or Bodies Politick, or Corporate; or ony Number of Exchequer Bills to be made out there, for any c^jcriB I's^for^he ^^^ '■'^ Sums of Money, not exceeding in Loans and Exchequer Bills together, in the whole, the faid laid Sum, Sum of one million, in the fame Manner or like Manner, Form and Order, and according to the fame in the fame or like Rules and Directions, as in and by an Ail: of this prefcnt Seffion of Parliament, intituled, Jn Manner as Loans yf ^7 y^,- granting an Jid to his Majepy by a Land Tax to be raifed in Grerit Britain for the Service of Flhar-*t"T '^ i'c'nr one thjufand fevcn hundred and fifty -f even and for difcharging certain Arrears of Land Taxes tJkt-n or made irtCurrcd before the Time therein 7nentioned ar.d for the fiiore cffeBual colleBing of Arrears for the future y I'v the Land Tax are cna£tc«J and prefcribed concerning the Loans or Exchequer Bills to be taken or made in pui fuance Xft of this of the faid A6t. Seihon, Cijufes &c. ]I ^pj be it further enacted by the Authority aforefaid, That all and every the Claufes, Provifoes, ■'"fa r. ^' Lmjs ^'°"^'^^' ^^'^'^'''^-'■^^' Advantages, Penalties, Forfeitures and Difabilities, contained in the faid Lft mcn- br Excheauer ' tioned A6t relating to the Loans or Exchequer Bills authorized to be made by the fame Act (except fuch Bil.s ilicrein, Claufcs as do charge the fame on the Taxes granted by the fame Act) fhall be applied and extended to cxteTi(!ed to fuch thfe- Loans and Exchequer Bills to be made in purfuance of this KQc^ as fully and tfFeitually to all In- as ftallbemade ^ ,^[3 ^pj Purpofes, ?.s if the fame Loans or Exchequer Bills had been originally authorized by the faid th-rAd*"" ^ ^^^ mentioned Act, or as if the faid feveral Claufes or Provifoes had been particularly repeated and re- en?.6ted in the Body of this A£t. The rank im- XII. And be it declared and further enabled by the Authority aforefaid. That it fhall and may be law- his*Ma° ' the ^^^ ^'^^ ^^ Governor and Company of the Bank of England, to advance or lend to his Majefty, in laid Sum en the ^'^^ Manner, at the Receipt of the Exchequer, upon the Credit of Loan granted by this A6t, any Credit o/this Svm Or Sums of Money not exceeding in the whole the Sum of one million ; anything in an Act A&, made in the fifth and fixth Years of the Reign of King William and Qijeen Mary, intituled. An notwithftanding jcj j^^ ^^^^^-...^ ^^ ^j^y^y. J{^ajej}ys fcvcral Rates and Duties upon Tonnage of Ships and Veffelsy and upon ^"2^ ' Beer^ Ale, and other Liquors, for Jecuring certain Recompences and Advantages in the faid A£i mentioned^ to fuch Perfons as Jlmll voluntarily advance the Sum of one million five hundred thoujand Pounds towards carrying on the War againft France, to the contrary thereof in any wife notwithftanding. Loans with the IV. And bc it further enacted by the Authority aforefaid. That all fuch Loans or Exchequer Bills, Intereft, tobe together with the Intereft, Premium, Rate and Charges incident to or attending the fame, fhall be ftrit Su^ °lie^s ^- ^"'^ ^^^ hereby charged and chargeable upon, and fhall be repaid or borne by or out of the firft Aids d 'f <h 11 "^^ Supplies which fhall be granted in the next Seffion of Parliament; and in cafe fufficient Aids be granted before °'' Supplies for that Purpofe fhall not be granted before the fifth Day of "July one thoufand {^vaw 5 J'j'y 1758. hundred and fifty-eight, then all the faid Loans or Exchequer Bills, with the Intereft, Premium, Rate «ut of the Sink- and Charges incident to or attending the fame, fliall be and are hereby charged and chargeable upon ingFund; f^ch Monies, as at any Time or Times, at or after the faid fifth Day ol 'July one thoufand feven hun- dred and fifty-eight, fhall be or remain in the Receipt of the Exchequer, of the Surplufles, Excefles, Overplus Monies, and other Revenues, compofing the Fund commonly called The Sinking Fund, except fuch Monies of the faid Sinking Fund as are appropriated to any particular Ufe orUiesby any Act or Adts of Parliament in that Behalf; and fuch Monies of the faid Sinking Fund fliall and may be ilTued and applied, as foon as the fame can be regularly ftated and afccrtained, for and towards pay- ing off, cancelling and difcharging fuch Loans or Exchequer Bills, Intereft, Premium, Rate or Charges, until the whole of them Ihall 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 refpedlive Proprie- tors thereof, and the Monies V. Provided always, and be it ena£ted by the Authority aforefaid. That whatever Monies fhall be fo ^b= fixit Supplies. Fund, ihall from time to time be replaced by and out of the firft Supplies to bc then after granted in Par- liament j any thing herein contained to the contrary notwithftanding. CAP. XXIV.
 * r!!u e^d 'ut of 'fi""^<^ out of the faid Surpluffcs, ExcelTes, Overplus Monies, or other Revenues compofing the Sinking