Page:Ruffhead - The Statutes at Large - vol 8.djvu/177

 A. D. 175^^ Anno trlcefimo Georgii II. C. 36. 143 t'ns under their Hands aaJ.Sealj^, toaflign over the Taxes and AfTefiments hereby authorifed to be rated nd charged within and upoii Account of fuch refpeclive Diftrids, and every or any Part thereof (the C fts ana Charges of fuch Alignment to be paid out of the faid Taxes or AfTefiments) as a Security for Sum or Sums of Money' to be borrowed for the Purpofes of executing this Ad within, or upon Ac- oi" the faid Diflrids fuch Monies are fo refpcaivcJy borrowed XXII. And it is hereby further ena£ted, "i'hat the laid Securities or Aflignments fhall and may be And AiTizn- afTienabl'e or transferrable, by Indorfement on the original Grant or Security thereof, or othcrvife, with- tr.entii trauf- out Stamp to any Perfon or Perfons whatfoevcr ; and the Perfon or Perfons to whom fuch Transfer or f'='^^'*- AfTienment (liall be made, fhall from and after the Time that the fame is entered in a Book or Books to bekept'for that Purpofe for each refpective Diflricl:, be well and fufRcientiyintided to the Monies there- by fecnred,. and die Intercfl: due, and to grow dee thereon ; which Entry is hereby required to be made upon Requeft, and. producing fuch Affignment, and; paying two Shillings for every fuch Entry j and fuch Ailignee'or A'fTignees, and every After-affignee and Aflignees may, in like Manner, by Indorfemenr, or otherwiie, without Stranp, alTign and make over fuch Transfers or AfTignments as aforefaid ; and lo teiies quotles as Occafion fliall require j every fuch Transfer or AfTignment being entered in fuch Book as XXIlf. Provided always, and be it, further ena)£led by the Authority aforefaid. That no more than The Sums to Diftri^ fix hundred Pounds; on the Taxes for the third Diftricl, four hujidred Pounds ; on the Taxes lor the 'fourth Diflrift, three thoufand five hundred Pounds; on the Taxes for the fifth Diflricl, one thoufand Pounds ; or on the 'J'axes for the fixth Diftricl, fix hundred Pounds ; any Thing herein before contained to the contrary notwithflanding. •borrowed by virtue of this Act, upon the Credit of the Taxes or Afleflments in the faid refpective ""o'^'' a certain Monies which ihall have beeii borrowed by virtue of this AGt, upon the Credit of the Taxes or AfleiT- "'^ '^ ov,nng. ments witiiiji the faid refpeclive Diflricts, or the Intereft upon any fuch Monies fhall be due or owing, the Acre I'axes or AfTefrments upon the Owners or Occupiers of the Lands and Grounds within the Diflri(^, in refpecl whereof fuch Money was borrowed, fhall not be lefs in any one Year than the re- fpe^ive Sums folloyving^ that is to fay, Such Tax£S or AfTefTments fhall not be lefs in the faid third and fifth Diflri(iis, than the Sum of two Shillings and fix Pence for every Acre ; nor in the faid firft, fecond, fourth and fixth Diftricls, than one Shilling for every Acre in any one Year ; and that the Taxes or AfTefiments for or in refpecS of the faid Rights of Common, fhall be ijn Proportion thereto, in fuch I^anner as is herein hefore dire£ted. t .XXV. Provided always, and it is further enacted and declared, That the Taxes or AfTefTments within Taxes to »«■ Sr. t^e faid refpedive Diftricts, fhall be charged and chargeable with the Payment of the principal Money fo ••"'•it> for Mo- to be borrowed by the CommifTioners for fuch Diftrids refpectiveiy, and the Intereft of fuch Money, "'" bor/owcd. from time to time ; and fliall veil in the refpe6tive Creditors, upon Default of Payment of fuch Prin- cipal and Intereft, until the fame fhall be fully fatisfied and paid, together with the Cofts and Charges occafioned by the Non-payment thereof; and the faid Creditors, their Executors, Adminiftrators a"nd AfBgns refpedtively, fhall have the fame Powers, Rights and Privileges of afTefhng, raifmg and recover- ing the feveral Taxes or AfTefTments payable by the feveral Owners and Occupiers of Lands and Grounds wichin fuch Diftri£ts refpedively, for and in refpect of fuch Principal Money and Intereft-, in cafe of Default of Payment thereof, as the faid CommifTioners and their Collectors could have had, in cafe fuch Principal and Intereft had been regylarly and fully fatisfied and paid. XXVI. And it is hereby further enacted by the Authority aforefaid, T'hat all the Taxes or AfiTefiments A^^Waur^P. of which fhall be rated and paid by Virtue of this Act, in each of the faid.Diftridts, and the Monies hor- the Mcaies. rowed on the Credit of fuch Taxes or AfTefTments refpedtively, fhall be applied and expended in defray- ing fuch Proporuon of the Expences of obtaining this Act as is herein after refpe6tively appointed to be defrayed by or on the Behalf of fuch Diftri(Sts ; and alfo in making, performing, erecting and maintain- ing the Works for draining, imbanking and preferving the Lands in eacli Diftrict refpectively, wherein or upon Account whereof fiich Taxes or AfTefTments fhall be raifed and paid, and fuch Monies fhali be borrowed, and in defraying the other necefTary Expences of executing this Act, and in Difcharge of the Principal and Intereft of the Monies borrowed in Relation to and upon Account of every fuch Diltricc refpectively. XXVII. And it is hereby further enacted by the Authority aforefaid, That the Charges and Expences Charges oi ths cf obtaining this Act fhall, in the firft Place, be borne and defrayed out of the Taxes or AfTeJfincnts Aft tobe paid in raifed in each and every of the faid Diftridls refpectively, or out of the Monies to be borrowed on the *1"^^ ^''■'.' ^^ Credit of fuch Taxes or AfTeflhients, in Proportion to the whole Amount of the higheft Taxes or AlTefi- "''^ D.flrift. ments that can be rated upon each Diftrict refpectively, XXVIIT. And
 * * XXIV. And for the better fecuring the Payment of the Principal and Intereft of the Sums of Money Tares rot to be
 * Difi:ri<5ts ; Be it further enadted by the Authority aforefaid, That during fuch Time and Times as any Rafe when Mo-