Page:Ruffhead - The Statutes at Large - vol 8.djvu/369

 ; A. D. 175 8. Anno triceiimo fecundo G e o r g 1 1 II. C. i o» 335 { by virtue of this A£t, fiiall have, and be deemed to have, a proportional Intereft and Share in the ^ feid Stock, and in the faid Annuities attending the fame, at the Rate aforefaid; and that the faid and made ttaniferrable, ' T/hole Capital or Joint Stock, or any Share or Intereft therein, &all be affignable and transferrable as this Adl:dire6ls, and not otherwife. LI. Provided alfo, and it is hereby enafted by the Authority aforefaid, That at any Time upon Claufe of Redemption, . fix A-ionths Notice to be printed in the London Gazette^ and fixed upon the Royal Exchange in London^ and upon Repayment by Parliament of the faid Sum of lix millions fix hundred thoufand Pounds, or ^y Part thereof, by Payments not Icfs than five hundred thoufand Pounds at one Time, in fuch Manner as (hall be direded by any future Act or Atis of Parliament in that Behalf, and affo upon £ull Payment of all Arrearages of tht: faid Annuities, after the Rate of three Pounds />t;r Centum per Annum; then, and not till then, fuch and fo much of the Did Annuities as (fiall be attending on the Principal Sums fo paid off, fhall ceafe and determine, and be underltood to be redeemed, and that any Vote or Refolution of the Houfe of Commons, fignified by the Speaker in Writing, to be i-nferted in the. London Gazette, and affixed on the Royal Exchange in London as aforefaid, fhall be deenned and adjudged to be fufficient Notice within the Words and Pvleaning of this Act. Lll. And be it further enac^ted by the Authority aforefaid. That Books fhall be conftantly kept Transfer Books to Be by the faid Accomptant General for the Time being, wherein all Afiignments or Transfers of the |^ept by the Accomptant (aid Annuities, after the Rate of three Pounds per Centu?n per Annuin^ fhall, at all feafonable Times, ^""^'^ ' be entered and regiftered; which Entry fliall be conceived in proper Words for that Purpofe, and ^^^thod of transferring. Ihali be figned by the Parties making fuch Affignments or Transfers; or if fuch Parties be abfcnt, ^^^^^» by their refpedtive Attornies thereunto lawfully authorized in Writing under their Hands and Seals, to be attefted by two or more credible Witned'es; and that the feveral Perfons to whom fuch Tranf- fers fliall be made, fhall refpecSlively underwrite their Acceptance thereof; and that no other Method of afiigning and transferring the faid Annuities, or any Part thereof, or any Intereft therein, ftiall be good or available in Law. LIIL Provided always. That all Perfons poflefTed of any Share in the faid Joint Stock of Annul- Annuities devileablc by ties, or Eftate and Intereft therein, may devife the fame by Will in Writing, attefted by two or W'''* more crer^ible Witnefles; but that no Payment Tnall be made upon any fuch Devife, till fo much of Entry to be made of fneb the faid Will as relates to any Share, Eltate, or Intereft, in the faid Joint Stock of Annuities, be Claufe in the WiU. entered in the faid Office; and that in Default of fuch Transfer or Devife, fuch Share, Eftate, or Intereft, in the faid Joint Stock of Annuities, (hall go to the Executors or Adminiftrators; and that Transfer not liable t» no Stam.p Duties whatfbever fliall be charged on any of the faid Transfers j any Law or Statute to ftamp Duties, the contrary notwithftanding. LIV. Provided always, and be it enadted by the Authority aforefaid. That out o^ the Monies ari- Treafury to pay all inci- fing from the Contributions towards raifmg the faid Sum of fix millions fix hundred thoufand Pounds, dent Charges attending any three or more of the Commiffioners of the Treafury, or the High Treafurer for the Time being, ^hs Execution ©fthi& Ihall have Power to difcharge all fuch incident Charges as fliall neceflarily attend the Execution of ' f this A6t, in fuch Manner as to them fhall feem juft and reafonable; and alfo to fettle and appoint j fuch Allowances as fhall be thought proper, for the Service, Pains, and Labour of the faid Cafhier and to make an Alio w- ( er Cafhiers, for receiving, paying, and accounting for the faid Contributions j and alfo fliall have ance to the Cailier and i Power to make out of the Fund hereby eftabiiflied, or out of the Sinking Fund, fuch further Allow- Accomptant General j ances as fhall be judged reafonable, for the Service, Pains, and Labour of the faid Cafhier or Cafliiers, for receiving, paying, and accounting for the faid Annuities, after the Rate of three Pounds per Centum per Anyiuv^ payable by virtue of this Kdi; and alfo for the Service, Pains, and Labour to be at the Difpo4I cf j of the faid Accomptant General, for performing the Truft repofed in him by this Adt; all which the Governor and Com- I Allowances to be made as aforefaid in refpect to the Service, Pains, and Labour of any Officer or pany of the Bank. Officers of the faid Governor and Company, fliall be for the Ufe and Benefit of the faid Governor and Company, and at their Difpofal only, LV. Provided always, and be it further ena«5i:ed by the Authority aforefaid, TTiat the faid Gover- ^^-^'^^ to continue a Cor- ner and Company of the Bank oi England, and their Succeftbrs, notwithftanding the Redemption F°"'^'°"^^ ^^^^'"**" ©f all or any of their own Funds, in purfuance of the Acts for eftabliftiing the fame, or any of them, '"" ^^ ledee'ned, &c. fhall continue a Corporation till all the faid Annuities, after the Rate of three Pounds /xrr Centum per Annum, bythis Av5t granted, fhall be redeemed by Parliament, according to the Provifo herein before contained in that Behalf; and that the faid Governor and Company of the Bank oi E?igland, or any Member thereof, fliall not incur any Difability for or by reafon of their doing anv Matter or Thing in purfuance'of this A.6t. LVI. And be it further ena6ted. That no Fee, Reward, or Gratuity whatfoever, fliall be de- No Fee for Payment of manded or taken of any of his Majefty's Subjects, for receiving or paying the faid Contribution Cojitnbuticn Moiicx. Monies, or any of them, or for paying the faid feveral Annuities, or any of them, or for any Tranf- ^r of any Sum great or fmall, to be made in purfuance of tliis Act; upon Pain that any Offender or Perfon off'endmg, by raking or demanding any fuch Fee, Reward, or Gratuity, fhall forfeit the Sum of twenty Pounds to the Party aggrieved, with full Cofts of Suit; and that all Receipts and Iffues, and all other Tr.mgs diiedcd by tnis A£t to be performed in the Exchequer, fliall be done or per- formed by^rh: Officer there, Vv'ithout demanding or receiving, directly or indire^ly, any Fee, Re- ward, or Gratuity for the fame; and in cafe the Officers of the Evchequer fliall take or demand any Penahy. fuch Fee or Reward, or fliall mifapply or divert any of the Monies to be paid into the Exchequer upon this Ad, or uiali pay or iffue out of the fame, otherwife than according to the true Intent of • this