Page:Ruffhead - The Statutes at Large - vol 8.djvu/82

 4^ C. ig. Anno tricefimo G E o RG n II. A. D. 1757. Delay; and that all Perfons who fliall be intitled to any of the f lid Annuities nfter the Pte of three Annuities to be PouimIs per Centum per Jrfium^ and all Perfons lawfully claiming under them, {hall be pofi--ik:;i thereof de?rned a Perio- ^g q^' ^ perfonal Eftate, which fhall not be defcendible to Heirs, nor liable to any foreign Attachment by ° '■''^' the Cuftoni of Z3«^c« or otherwife ; any Law, Statute or Cuftom, to the contrary notwithftanding. XLVI. And be it further enabled by the Authority aforefaid, 'I'hat all the Monies to be advanced or contributed by virtue of this Ail, towards the faid Sum of three millions, on which the faid Annuities, Jmium^ or to which they fhall become intitled by virtue of this A61, (hall have and be deemed to have a animaybeaf- proportional Intercft and Share in the faid Stock, and in the faid Annuities attending the fame, at the figned or tranf- j^„j.g aforefaid ; and that the faid whole Capital or Joint Stock, or any Share or Intereft therein, fhall be aflignable and transferrable as this Adl directs, and not otherwife. Annaities decia- XLVII. Provided alfo, and it is hereby enaclicd by the Authority aforefaid, That at any Time upon red to be redeem- one Year's Notice to be printed in the London Gazette^ and atfixed upon the Royal Exchange in London^ able by Parlia- and upon Repayment by Parliament of the faid Sum of three millions, or any Part thereof, by Pay- "*'^"'"* ments not lefs than five hundred thoufand Pounds at one Time, in fuch Manner as fhall be dirc^ed by any future Act or A£ts of Parliament in that Behalf, and alfo upon full Payment of all Arrearages of the faid Annuities, after the Rate of three Pounds ^^r Centum per Anman^ thei;, and not till then, fuch or fo much of the faid Annuities as (hall be attending on the principal Sums fo paid oft, (hall ceafe and deter- mine, and be underftood to be redeemed; and that any Vote or Refolution of the Houfe of Commons, lignificd by the Speaker in Writing, to be inferted in the London Gazette^ and affixed on the Royal Ex- change in London as aforefaid, fhall be deemed and adjudged to be fufficient Notice within the Words and Meaning of this A61. Bo:ks to be kept XLVlII. And be it further enaded by the Authority aforefiiid. That Books fhall be conftantly kept for cntinng Ai- by the faid Accomptant General for the Time being, wherein all Affignments or Transfers of the faid fignmentsor Annuities, after the Rate of three Pounds per Centum per Annwn, fhall at all feafonable Times be entered '^'■.^"'''"° " and regiftcred ; which Entry fhall be conceived in proper Words for that Purpofc, and fhall be figned '^"'""' by the Parties making fuch Affignments or Transfers ; or if fuch Parties be abfent, by their refpedlive Attornics, thereunto lawfully authorized in Writing under their Hands and Seals, to be atteflcd by two Method of af- or more ciedible W'itnefles ; and that the fevcral Perfons to Vv^hom fuch Transfers fhall be made, fhall figning-md tranf- refpectively underwrite their Acceptance thereof; and that no other Adethod of affigning and transfer- lerring the fame, j-jng the faid Annuities, or any Part thereof, or any Intereft therein, fhall be good or available in Lavtr. Annuities mavbe XLIX. Provided always. That all Perfons poftelTcd of any Share in the faid Joint Stock of Annuities, dcvifed by Will, or Eftate and Intereft therein, may devife the fame by Will in Writing, attefted by two or m.ore credible Entry to bemade WitnelFcs ; but that no Payment fhall be made on any fuch Devife, till fo much of the faid "Will as re- thereof. lates to any Share, Eftate or Intereft in the faid Joint Stock of Annuities, be entered in the faid Office; l>t m Duties ^"'^ ^'^'^^ '" Default of fuch Transfer or Devife, fuch Share, Eftate or Intereft in the faid Joint Stock of not chargeable Annuities, ftiall go to the Executors or Adminiftrators ; and that iio Stamp Duties whatloevcr fliall be on Transfers, charged on any of the faid Transfers; any Law or Statute to the contrary notwithftanding. Treafury to d ;- L. Provided always, and be it enabled by the Authority aforefaid, That out of the Monies arifing from fray all inciden- thc Contributions towards raifing the faid Sum of three millions, any three or more of the Commiffioners tal Charges 5 of the Tieafury, or the High Treafurer for the Time being, fliall have Power to difcharge all fuch inci- dent Charges as ftiall necefl'arily attend the Execution of this A6f, in fuch Manner as to them ftiall feein and to fettle the j 11 ft and reafonable ; and alfo to fettle and appoint fuch Allowances as ftiall be thought proper for the Ai-owances to StTvice, Pains and Labour, of the faid Caftiier or Caftiicrs, for receiving, paying and accounting for the fll^ets lnd*A-*" ^^'^ Contributions ; and alfo fhall have Power to make out of thc Fund hereby eftabliftied, or out of the ct-nptant Gene- Sinking Fund, fuch further Allowances as fhall be judged reafonable for the Service, Pains and Labour xal, of the faid Cafliicr or Cafliiers, for receiving, paying and accounting for the faid Annuities, after the Rate of three Pounds per Centum per Jmjum, payable by virtue of this A6l; and alfo for the Service, to be at theDif- Pains and Labour of the faid Accomptant General, for performing the Truft rcpofed in him by this A6f ; pofal of the Go- all which Allowances to be made as aforefaid, in refpedi to the Service, Pains and Labour of any Offi- vernornndCom- ^^.y ^p Officers of the faid Go'crnor and Company, ftiall be for the Ufe and Benefit of the faid Governor panyofthcBank. ^^j Company, and at their Diinofal only. Bunk tocontinue ^^' Provided always, and be it enabled by the Authority aforefaid, That the faid Governor and Com- a Crporitinn pany of the Bank of England^ and their Succcilbrs, notwithftanding the Redemption of all or any their till (he Annui- ov/n Funds, in purfuance of the A£fs for eftablifliing the fame, or any of them, fhall continue a Corpo- tie»»reredccmed. j-atjon till all the faid Annuities, after the Rate of three Pounds per Centum per Jnnum^ by this A6t granted, fhall be redeemed by parliament, according to the Provifo herein before contained in that Be- half; and that thc faid Governor and Company of the Bank of England^ or any Member thereof, fliall not incur any Difability for or by reafon of their doing any Matter or Thing in purfuance of this Adl. d whereas by a fubfcti'ient Refolution of the Commojii. of juea-
 * LII. And whereas in purfuance of a Refolution of the Commons o'i Great Britain^ in Piiliament af-
 * ft-mblcd, divers Perfons did fubfcribe the Sum of three hundred thirteen thoufand one huiuhcd Pounils,
 * and no more, towards the Sum of two millions five hundred thoufand Pounds, by the faid Refolution
 * di!f(5tcd to be raifcd in Manner therein mentioned, by Annuities lor Lives, v;ith the i^-■nefit of Suivi-
 * ■ vorfhip, or for Terms of Years certain : y
 * Great lirUaht^ in Parliament affcmbled, all Subfcribers towards the faid Sum of two millions five hun-
 * dipd thoufand Pouiids, purfuant to thc faid former Refolution, who, inftead of thc Annuities therein