Page:Ruffhead - The Statutes at Large - vol 8.djvu/276

 242 C. 2 5» Anno tricefimo primo Georgii II. A, D. 1757. or Perfons is or are intitled to the PremifTes in Queftion ; that then, and in all and every or any fuch Cafe and Cafes as aforefaid, it fiiall and may be lawful to and for the faid Truftees, or any five or more of them, the Truftees are jq order fuch Sum or Sums of Money fo awarded as aforefaid, as the Value of and Purchafe Money for the ZyTJ^Jfov' ^^''^ PremilTes, to be paid into the Bank of Eng/and for the Ufe of the Parties interefted in the faid Premises, theVremifles, to be paid to them, and each and every of them, according to their refpedlive Eftates and Interefts in the intheBank; faid PremifTes, at fuch Times as the faid Truftees, or any five or more of them, fhall, by Warrantor War- rants under their Hands, order and dire£t; and the Cafhier and Cafhiers of the Bank of England^ who fhall Receipt to be receive fuch Sum and Sums, is and are hereby required to give a Receipt or Receipts for fuch Sum and Sums, MoTe^"Vido "^S"^'on'"g and fpecifying for what Premides, and for whofe Ufe the fame is or are received, to fuch Perfon bc'tr^n'rni'rted °^ Pcrfons as fhall pay fuch Sum or Sums into the Bank of England as aforefaid ; which Receipt or Receipts re, and entered ^^11 be tr.infmitted to, and entered or docqueted in the Regifter's Office of the County of Mi dd/efexy in in, theRegifter's Maimer aforefaid, and fhall be deemed and taken to be Records to all Intents and Purpofes whatfoever; and ili"ht7n"th- ^ Redemption, Claim and Demand in Law and Equity, of all and every Perfon and Perfons for whofe Ufe PranifTes t'o'veft ^"5^ Money vvas paid, of, in, to, from and out of the faid PremifTes, or any Part thereof, fhall veft in the la the TrulUcs. faid Truftees and their SuccelTors ; and they the faid Truftees and their SuccefTors fhall be deemed in Lavtr to be in the a6lual Poflefiion thereof, and to be feized thereof in Fee-fimple, freed and difcharged from all Claims, Demands, and Equity of Redemption either at Law or in Equity, to all Intents and Purpofes, as fully and efFeilually, as if all and every Perfon and Perfons, having any Eftate, Right, Title, Truft, Intereft or Equity of Redemption, of, in, to, from or out of the faid Premifles, had adually conveyed the fame by Leafe and Releafe, Bargain and Sale, Inrolled Feoffment, w^ith Livery of Seifin, Fine and Recovery, or any other Conveyance whatfoever; and fuch Payment fhall not only bar all Right, Title, Intereft, Equity of Redemption, Claim and Demand, of the Perfon or Perfons to whofe Ufe fuch Payment was made; but alfo fhall extend to and be deemed and conftrued to bar the Dower and Dowers of the Wife or Wives of fuch Perfon or Perfons, and all Eftates Tail, and Remainders, as fully and efTedually as a Fine or Re- covery would do, or would have done, if levied or fufFered by proper Parties in due Form of Law. ^/the P?rdiTfe ^ ^^''^ ^^ further enacted by the Authority aforefaid, That from and immediately after Payment made money, Truftees ^°^ '^^ Lands and Hereditaments fo to be purchafed as aforefaid, it fhall and may be lawful for the faid may enter on the Truftees and their SuccefTors, to enter upon the PremilTes fo purchafed, and every Part thereof, and to con- PremiiTes, and vcrt the fame to be ufed as a free Market as aforefaid. convert the fame IX. And, for raifmg a Sum of Money fufncient for the Payment of the Purchafe of fuch Lands and He- into a Market, reditaments, and other the Purpofes of this A<£t ; Be it further ena6ted by the Authority aforefaid. That it Truftees may {i^] ^pj j^^^y ^g lawful to and for the faid Truftees, or any nine or more' of them, and they are hereby for" he Purpofes ^^t^horized and impowered to ralfe, borrow, take and receive, of and from any Perfon or Perfons whomfo- ofthisAdj ^^^'■» or any Body or Bodies Corporate or Politick whatfoever, who are willing to lend and advance the fame, any Sum or Sums of Money not exceeding in the whole the Sum of three thoufand Pounds for the and build Sheds Payment of fuch Purchafe Money, and for other the Purpofes of this Aft ; and to fet up and build upon th^M^kti •" ^^^^ ^"^"^^ ^^ *° ^^ purchafed, all fuch Sheds, Stands, Stalls, and other Ereftions, as fhall be found necef- orlettheclo'imd ^^^^ ^^^ conftituting the faid A4arket ; or in cafe it fhall be found to be more convenient and beneficial to n a Building '^^ O"- ^^'F^ Ground upon a Building Leafe or Leafes for the Purpofes aforefaid, it fliall and may be lawful Leafe. for the faid Truftees, or any nine or more of them, and they are hereby authorized and impowered to fet and let out fuch Ground for the bcft Rent that can be gotten for the fame, payable Quarterly, or otherwife, upon a Leafe or Leafes, for any Term or Terms not exceeding fixtv-one Years, to any Perfon or Perfons who fhall be willing to contrail for and take the fame, with proper Covenants binding him or them to build and fet up all necefiary Ereftions thereupon for converting the fame into a Market as aforefaid. Previous Notice X. Provided always, and it is hereby declared. That no Money fhall be borrowed on the Credit of this Gai-ueTe fore ^^ ^'^' ^^^ ^^'*^ Truftees, unlefs Notice in the London Gazette fhall be firft given thereof at leaft twenty Days the borrowing before the borrowing of fuch Money. Money. XI. And, for difc barging the Debt to be incurred as aforefaid. Be it further enacted by the Authority 30C0I. maybe aforefaid. That it fhall and may be lawful to and for any Perfon or Perfons to contribute, advance and pay plVchVfe ofL^i'i^ '"^"^ ^^^ Hands of the faid Truftees, or any five or more of them, or their Treafurer for the time being, Annuhies" ' * ^"^ ^""^ °'' Sums of Money not exceeding in the whole, the Sum of three thoufand Pounds, for the abfolute Purchafe of one or more Annuity or Annuities, to be paid and payable during the full Term of the Natu- ral Life of fuch Contributor or Contributors refpectively, or the Natural Life of fuch other Perfon or Per- fons as fhall be nominated by and on the Behalf of fuch refpeftive Contributor or Contributors, at the Time aftrrthtHateof of Payment of his or their refpedlive Contribution Monies; which Annuity or Annuities fhall not exceed SI. pcrCer.t. per thc Rate of eight Pounds per Centum per Annum^ for every one hundred Pounds, and fo in proportion for Annum, ^^^y greater or Icfs Sum to be advanced and paid as aforefaid; all which Annuities fo to be purchafed, fhall ' not exceed in the Whole the Sum of two hundred and forty Pounds /)i?r Jnniwi, and fhall be payable and paid by the faid Truftees, or any five or more of them, in fuch Place within the faid City or Liberty of and to be paid fVeJiminJler^ as they, or any five or more of them, fhall for that Purpofe appoint, by Quarterly Payments j quarterly, the firft Payment to begin and be made to the refpeftive Purchafcr or Purchafers, and his or their Affxgns, Annuities to be at the Expiration of three Months after Payment of their refpe6live Purchafe Monies; which Annuities fold to the beft (hall be publickly fold by the faid Truftees to the bcft Bidder for the fame. Na'me) and ^^^ And it is hereby enafted. That there fhall be provided by thc faid Truftees, and kept in fuch Place Abode of the within thc faid City or Liberty ofWcfl7ninfter^ as they, or any five or more of them, fhall appoint, a Book Purchafcr!, the Or Books in which fhall be fairly written in "Words at Length thc Names and Surnames, with the proper Sums when and Additions and Places of Abode, of all fuch Perfons who fhall be Proprietors of any of the Annuities afore- fcc'^to^iTcrn'r^M ^^'^» ^"'^ °^ ^^^ Perfons by whofe Hands the faid Purchafers fliall pay in any Sum or Sums of Money upon in proper Books; *''"
 * ^-"^" 5, ., immediately on fuch Payment and Regiftry all the Eftate, Right, Title, Ufe, Truft, Property, Equity of