Page:Ruffhead - The Statutes at Large - vol 8.djvu/81

 A. D. 1757* Anno tricefimo Georgii IL C. 19. 47 or Charge; and that the faid Accomptant General fhall, on or before the fifth Day oi July one thoufand Duplicate thereof feven hundred and fifty-eight, tranfinit an attcftcd Duplicate fairly written on Paper, of the faid Book ^'^ 1'^^^^^^^^'""""^** or Books, into the Office of the Auditor of the Receipt of his Majefty's Exchequer, there to remain ° ^_^ for ever. XXXIX. And be it further enaded by the Authority aforefaid. That fuch Contributors duly paying Contributors da- the whole Sum fubfcribed, at or before the refpedlive Times in this Acl limited in that Behalf, and their ly paying their refpedtive Executors, Admiiaiftrators and Affigns, fhall have, receive and enjoy, and be intitled by Vir- i^ubfctiptions, tue of this A6V, to have, receive and enjoy, the faid feveral Annuities by this A6t granted in refpeft of the Sum fo fubfcribed, out of the Monies by this A£l appropriated for Payment thereof, and fhall have to have fuie E- good and fure Interefts and Eftatcs therein, according to the feveral Provifions in this AtSl: contained, as ftates in the An- well in refpedl of the faid transferrable Annuitie.;, after the Rate of three Pounds per Centum per Jnnum, ""'""» as of the faid Annuities for Lives, after the Rate of one Pound two Shillings and fix Pence J)^r Centum and the fame to ter Annum ^ and that the faid feveral Annuities fiiall be free from all Taxes, Charges and Impofitions be Tax free. whatfoever. XL. And be it further ena^Sled by the Authority aforefaid. That as foon as fuch refpe6tive Contribu- On compleating tors, their refpe6live Executors, Adminiftrators and Afligns, (hall have compleated the Payment of the their Payments, Monies by tliem refpeitively fubfcribed towards the faid Sum of three millions, for the Purchafe of the Contributors to faid feveral Annuities, fuch Sums, for and in refped^ of fuch transferrable Annuities, after the Rate of j^^^j^j^j p]aced"to three Pounds per Centum per Annum^ in which they fhall become interefled, fliall, from and after the fifth their Credit, Day oi "July one thoufand feven hundred and fifty-feven, be placed to their Credit, and made transferra- andthefameto ble in the Books of the Bank o'i England to be kept for that Purpofe. be tiansferrable. XLL Provided always, That in cafe any fuch Contributors who have already depofited with, or fhall Contributors not hereafter pay to the faid Cafliiers, any Sum or Sums of Money at the Times and in the Manner before duly paying the mentioned, in Part of the Sums fo by them refpe6lively fubfcribed, or their refpedtive Executors, Adminiftra- whole of thdr tors and Afligns, fhall not advance or pay to the fiid Cafhier or Cafhiers the Refidue of the Sums fo fublcri- Subfcnpti^ons, bed, at the Times and in the Manner before mentioned ; then, and in every fuch Cafe, fo much of tlie /hLl have*id*^ refpedlive Sums fo fubfcribed as fiiall have been aiR;ually paid in Part thereof to the faid Cafhier or Cafhi- ^ ' * ers, fhall be forfeited for the Benefit of the Publickj any Thing in this A6i contained to the contrary thereof in any wife notwithflanding. XLIL And be it further enacted by the Authority aforefaid. That the feveral Annuities which by The Duties and this Act are granted and made payable iji refpedl: of the faid Sum of three m.illions, Ihall be charged and Sums granted by chargeable upon, and payable out of the feveral Rates, Duties and Sums of Money, compofing the Fund Fund for Pa''^-^ hereby eftablifhed for the Payment thereof; and the faid feveral Rates, Duties and Sums of Money, are me'nt o/the An- hereby appropriated for that Purpofe accordingly. nuitiet. XLIIl. And be it further enabled by the Authority aforefaid. That the faid Accomptant General for contributors to the Bank of England for the Time being fhall, in a Book or Books to be provided and kept for that Pur- have Credit ia pofe, give Credit to the faid refpedive Contributors, and their refpedlive Executors, Adminiftrators and proper Bocks, Affigns, for the principal Sums by them refpectively fubfcribed and paid, and the Perfons to whofe Credit '■°^ V^^ ^""^^ fuch principal Sums fhall be fo placed, their refpedive Executors, Adminiftrators and AiTigns, fhall and P^^^ '" '>y them 5 may have Power to affign and transfer the fame, or any Part, Share or Proportion thereof, to any other Perfon or Perfons, or Body or Bodies Politick or Corporate whatfoever, in other Books to be provided the fame to be and kept by the faid Accomptant General for that Purpofe; and every principal Sum fo affigned and ^'^"^^^"^*'»" transferred, fhall carry an Annuity after the Rate oi thxtt^oun^s per Centum per Annum^ and fhall be "'^^^ ^°*' taken and deemed to be Stock transferrable according to the true Intent and Meaning of this A6t, until Annuities deem- in. j !-.. ^1 f !_.. Ti-_i:____^ j:„_ ^- ,. n __!r. i v, _r^_. _ ._• i r .. . t~i ,-^ ' ed transferrable Sir the Rate Redemption thereof by Parliament, according to a Provifo herein after contained for that Purpofe. Stock ' XLIV. And, for the more eafy and fure Payment of the faid transferrable Annuities after t" '^ faid Governor and Company of the Bank of £'«^/««<'/, and their Succefibrs, fhall, from Time to Time, General, to be until the faid Annuities, after the Rate of three Pounds per Centum per Annum fhall be redeemed us afore- employed ai the faid, appoint and employ on; or more fulficient Perfon or Perfons within their OfKce in the City of ^*"''* London, to be their Chief or firfl: Cafhier or Cafhiers, and one other fufficient Perfon within the fame Of- fice, to be their Accomptant General ; and that fo much of the Monies from Time to Time arifing into the faid Receipt of the Exchequer, from the faid Rates and Duties, and Sums of Money by this A6t granted and appropriated, as fnall be fufficient, from Time to Time, for Payment of the faid Annuities, after the Rate of three Pounds per Centum per Anni:?n, fhall, by Order of the CommilTioners of the Trea- Treafury to ifTue fury, or any three or more of them, or the Treafurer or" the Exchequer for the Time being, without ;iny Money from upon Account, for Payment of the faid Annuities, after the Rate of three Pounds per Centum per Anman^ at fuch 'i'irnes, and in fuch Manner and Form, as are by the faid A6t prefcrib?d in that Behaff ; and that fuch Cafhier or Cafhiers, to whom the faid Money fhall from Time to Time be ilfued, fhall, from Time to Time, without Delay, apply and pay the fame accordingly, and render his or their Account thereof, according to the due Courfe of the Exchequer. XLV. And be it further enaded by the Authority aforefaid. That the faid Accomptant Genera! for Accomptant Ge- the Time being fhall from Time to Time inrpcil ..nd exaa>ine all Receipts and Payments of the faid "'^'■■'i "" i.ifpecl Cafhier or Cafhiers, and the Vouchers relating thereto, in order to prevent any Fraud, Negligence or p"'^"'^*";'*'"^'*'^ Dejay ; ^J^^'^"'-"-
 * of three Pounds per Centum per Annujn Be it further enacted by the Authority aforefaid. That the and Accomptant