Page:Ruffhead - The Statutes at Large - vol 8.djvu/259

 A. D. i757» Anno tricefimo primo Georgii IL C. 22. 225 kept by the faid Accounf ant General for that Purpofe; and the Principal Sums fo affigned or transferred, i^c Caid Somr., fliall carry the faid Annuity of three Pounds per Centum per Ann: ni^ ar,d fliall be taken and deemed to be '^'^* Stock: transferrable by virtue of this A£l:, until the Redemption thereof, in Manner herein after mentioned j and the faid Accountant General of the Bank of England for the time being, is hereby authorized and di- re<fted to cancel and hie the Certificates, as they fhall from time to time be received and taken in by him, Certificates io be they have Credit in the faid Book or Books, by Reafon or Means of the Certificates fo received, taken in, to be^'AvenT^ anu cancelled, as aforefaid, and of the Annuities attending the fame. ... lieu thereof.'" LXVII. And, for the more eafy and fure Payment as vv^ell of faid Annuities after the Rate of three Pounds per Centum per Annum, as of the faid Annuities after the Rate of three Pounds per Centum per An- num Be it enadted by the Authority aforefaid. That the faid Governor and Company of the Bank of A ChiefCafliler, England, and their Succeflbrs, fhall, from time to time, until the faid refpedtive Annuities (hall be redeemed ^^^ Accountant ■ accordmg to this A<: the City of London, Office to be their A Purpofe, as fhall be fufficient from time to time to anfwer the faid feveral and refpe£l:ive Annuities and other Payments herein directed to be made out of the faid Monies, fhall, by Order of the Commiflioners of the Treafuryto iffue Treafury, or any three or more of them now being, or the High Treafurer, or any three or more of the Money for that Com.miflioners oV the Treafury for the time being, without any further or other Warrant to be fued for, f "!p*^*° ^* had or obtained in that Behalf, from time to time, at the refpedive Days of Payment in this Acl: before ap- *' * '^'^' pointed for Payment thereof, to be iflued and paid at the Receipt of his Majefly's Exchequer, to the faid Firft or Chief Cafhier or Cafhiers by way of Impreft, and upon Account, for the Payment of the faid fe- veral and refpedtive Annuities payable by virtue of this Ail ; and that all and every fuch Cafhier or Ca- whoh to account fliiers, to whom the faid Monies fhall, from time to time, be.ifTued, fhall from time to time, without De- for the fame, lay, pay the fame accordingly, and render his or their Accounts thereof, according to the due Courfe of the Exchequer. LXVni. And it is hereby alfo enabled. That the faid Accountant General for the time being, fhall, Accountant Ge- from time to time, infpie6t and examine all Receipts and Payments of the faid Cafhier or Cafliiers, and the "-'"i toexam-ne Vouchers relating thereunto, in order to prevent any Fraud, Negligence or Delay; and that all Perfons ']"^ ^'"'1"^^ ^'^'^ who fhall be intitled to any of the faid feveral and refpe£tive Annuities, and all Perfons lawfully claiming Cafl'T/"'^ "^^''^ under them, fhall be poflefled thereof as of a Perfonal Eftate, and that the fame flial! not be defcendable to Annuities the Heir, and fhall be free from all Taxes, Charges and Impofitions whatfoever, and fhall not be liable to deemed a Per- _ any Foreign Attachment by the Cuflom of London, or otherwife ; any Law, Statute or Cuflom to the con- '"""ai Eftate, &c, ttary in any wife notwithflanding. _ andtobeTax- LXIX. And be it further enadfed by the Authority aforefaid, That the faid Sum of four millions five ^^^' hundred thoufand Pounds, Part of the faid Sum of five millions, fhall be deemed one Capital or Joint Stock; '^'"'^^ and haif jind that all Perfons and Corporations whatfoever, in Proportion to the Monies by them feverally advanced, fJes d^eemed"r'' for the Purchafe of the faid Annuities, after the Rate of three Pounds ten Shillings />^r Centum per Annum, joint Stock j or fuch other Annuities to which they fhall become intitled by virtue of this Adt, fhall have and be deemed to have a proportional Interefl and Share in the faid Stock, and in the Annuities attending the fa.me, at the Rates aforefaid ; and that the faid whole Capital or Joint Stock, or any Share or Intereft therein, and the and made tranf- proportional Annuity attending the fame, fliall be affignable and transferrable as this A61 direcls, and not feaable. otherwife. LXX. And be it further enacted by the Authority aforefaid. That all the Monies to which any Perfon or -phe -A perCent Perfons fhall become intitled by virtue of this A61:, in refpe6f of any Sum advanced or contributed towards Annmties^o be* the faid Sum of five hundred thoufand Pounds, on which the faid Annuities after the Rate of three Pounds made a joint per Cejztum per Annuin, fliall be attending, fhall be added to the Joint Stock of Annuities transferrable at Stock v>'ith An- the Bank of £'^/^/flrai2', into which the feveral Sums carrying an Intereil: at the Rate of three Pounds /)^r r^'^'^'f.^'^'^ Centum per Annum, were by an A61 made in the twenty-fifth Year of the Reign of his prefent Majefly con- raiU' by"TGeo. verted, and fhall be deemed Part of the faid Joint Stock of Annuities, fubject neverthelefs to a Redemption s. " ^"^ by Parliament, in fuch Manner, and upon fuch Notice, as is in the faid Act directed, in refpectof the feve- ral and refpedlive Annuities redeemable by virtue of the faid A61 ; and that all and every Perfon or Perfons and Corporations whatfoever, in Proportion to the Money to which he, flie or they fhall become intitled as aforefaid, by virtue of this Act, fnali have and be deemed to have a proportional Interefl and Share in the faid Joint Stock of Annuities, at the Rate aforefaid. LXXI. And be it further ena6led by the Authority aforefaid, That there fhall be conflantly kept by the Accountants General for the time being, Books, wherein all Ailignments of the Sums advanced or contri- buted towards the faid Sum of four millions five hundred thoufand Pounds, and alfo all Aflignments or Tranf- fers of all Sums advanced and contributed ^towards the faid Sum of five hundred fhoufand Pounds, fliall at all feafonable Times be entered ^iid^regiitered ; which Entries fhall be conceived in proper Words for that Method of tra^ifJ Purpofe, and fhall be figned by the Parties making fuch Alignments or Transfers ; or if fuch Parties be ab- ferring Swck. f'ent, by their refpective Attorney or Attornies, thereunto lavvfully authorized in Writing under their H^ands aiid Seals, to be attefted by two or more credible Witnefies, and the feveral Perfons to whom fuch Tranf- fi:rs fhall be made, do refpe£tively underwrite their Acceptance thereof; and that no other Method of af- figning and transferring the faid feveral Annuities, or any Part thereof, or any Interefl, fhall be good or. available in Law. ' . ^ ,' LXXlf. Provided always, that all Perfons poffefled of any ShaTe or Interefl in either of the faid Joint Anmuiies de- Stocks of Annuities, or any Eftate or Litereft therein, may devife the fame by Will in Writing, attefted vifeabie by Wiil. by two cr more credible Witncfies, but that no Payment fliall be tnade upon any fuch Devife titl fo much Emiytobemade of the f^.id Will as relates to the faid Joint Stocks of Annuities, be entered in the faid Office ; and in De- "^ ^^'^h Ciaufe . Vol. Vm. Gg ■ • fault '"'^''^■^'^' Transfer Books to be kept by the Accouniant General.
 * ind to give the Perfons bringing the fame, a Note under his Hand, teftifying the Principal Money for which pcdan<^ca.iccj.