Page:Ruffhead - The Statutes at Large - vol 9.djvu/100

 Orders aifignable ioties quoties. 50 C. 18. Anno tertio Georgii III. A. D. 1762. VII. And be it further enacted, That all and every Perfon and Perfons, to whom any Money fhall be due, for Loans to be registered by virtue of this Act, after Order entered in the Book of Regifter as aforefaid, his, her or their Executors, Adminiftrators or Affigns, by proper Words ofAffign- rrtent to be indorfed and written upon his, her or their Order, may affign and transfer his, her or their Right Title, Intereft and Benefit of fuch Order to and other; which being notified in the Of- fice of the Auditor of the Receipt aforefaid, and an Entry or Memori-al thereof alio made in the Book of Regifter aforefaid for Orders (which the Officers fhall upon Requeft, without Fee or Charge, ac- cordingly make) fhall intitle fuch Affignee, his, her or their Executors, Adminiftrators, Succef- fors and Affigns, to the Benefit thereof, and Payment thereon ; and fuch Affignee may, in like Man- ner affign again, and fo toties quoties ; and afterwards it (ball not be in the Power of fuch Perfon or Perfons who have or hath made fuch Affignment, to make void, releafe or difcharge the fame, or any Monies thereby due, or any Part thereof. VIII. And to the end there may be no Want or Failure of a certain Sum not to exceed in the Whole the faid Sum of two millions, to be railed either by fuch Loans as aforefaid, or by iffuing Exchequer Bills as is herein after mentioned, or by both or either of thofe Ways or Means, for the Publick Service; Be it further enacted by the Authority aforefaid, That in cafe the Commif- fioners of his Majefly's Treafury, or any three or more of them now being, or the High Treafurer, or any three or more of the Commiffioners of the Treafury for the Time being, fhall judge it more advifeable to raife the faid Sum of two millions, or any Part thereof, by Exchequer Bills, inftead of fuch Loans as aforefaid, that then they refpectively are hereby authorized and impowered, at any Time or Times, to prepare and make, or caufe to be prepared and made, at the Exchequer, any Number of new Exchequer Bills, for any Sum or Sums of Money not exceeding in the Whole the faid Sum of two millions, together with fuch Loans aforefaid, in the fame or like Manner, Form or Order, and according to the fame or like Rules and Directions, as in and by a certain Act of this prefent Seffion of Parliament, intituled, An Ail for continuing and granting to his Majefiy certain Duties upon Malt, Mum, Cyder and Perry for the Service of the Tear one thoufand /even hundred and fxty-three, are enacted and prefcribed concerning the Exchequer Bills to be made in purfuance of the faid Act. IX. And be it further enacted by the Authority aforefaid, That all and every the Claufes, Pro- vifoes, Powers, Privileges, Advantages, Penalties, Forfeitures and Difabilities contained in the faid lad mentioned Act, relating to the Loans or Exchequer Bills, authorized to be made by the fame Act (except fuch Claufes as do charge the fame on the Taxes granted by the fame Act, and except fuch Claufes as limit the Rate of Intereft to be paid for the Forbearance of Money lent on the Cre- dit of the faid Aft) fhall be applied and extended to the Exchequer Bills to be paid in purfuance of this Act, as fully and effectually to all Intents and Purpofes as if the faid Exchequer Bills had been originally authorized by the faid laft mentioned Act, or as if the faid feveral Claufes or Provifoes had been particularly repeated and re-enacted in the Body of this prefent Act. X. And be it enacled by the Authority aforefaid, That all the Exchequer Bills as fhall be made in purfuance of this Act, and the Intereft, Premium, Rate and Charges incident to or attending the fame, fhall be, and are hereby charged and chargeable upon, and fhall be repaid and borne by and out of the growing Produce of the faid Surpluffes, Excelfes and Overplus Monies, or other Re- venues compofing the Sinking Fund (except fuch Monies of the faid Sinking Fund as are appropri- ated to any particular Ufe or Ufes by any former or other Act or Acts of Parliament in that Behalf) and fuch Monies of the faid Sinking Fund fhall and may be ilTued and applied as foon as the fame can be regularly ftated and afcertained, for and towards the paying off, cancelling and dif- charging fuch Exchequer Bills, Intereft, Premiu n, Rate or Charges, until the Whole of them fhall be paid off, cancelled and difcharged, or Money fufficient for that Purpofe be kept and referved in the Exchequer, to be payable on Demand to the refpeclive Proprietors thereof. The Bank impowered to XI. And be it declared and further enacted by the Authority aforefaid, That it fhall and may be advance, on the laid lawful for the Governor and Company of the Bank of England to advance or lend to his Majefty in m like Manner at the Receipt of the Exchequer, upon the Credit of Loan granted by this Aft, any Sum or Sums of Money not exceeding in the Whole the Sum of two millions ; any thing in an Act made in the fifth and fixth Years of the Reign of King William and Queen Mary, intituled, An AElfar granting to their Majejlys feveral Rates and Duties upon Tonnage of Ships and Veffels, and upon Beer, Ale and other Liquors., for fecuring certain Recompences and Advantages in the faid ASi men- tioned^ to fuch Perfons as Jhall voluntarily advance the Sum of one million five hundred thoufand Pounds, towards carrying on the War againft Trance, to the contrary thereof in any wife notwithstanding. Commiffioners of the Treafury., if rhey fhall think ic more advifeable to laife the faid Sum, or any Part thereof, by Ex- chequer Bills, 'hey may make out any Number of new Exchequer Bills for the fame, in like Manner and Form as is prefer: bed by the Malt Ait of this Seffion. Claufes in the faid Ait relat ng to Exchequer Bills, extended to thofe to be made out i>i pur- fuance of this Ail, Th- fa : d Bills, Intereft, Premium and Charges jiay.ible out of the Sink- ing Fund, or Sums not exceedin_ 2,00^,000 1. the Ait 5 & 6 W. & M. c. zo. notwithftand wig. A P. XIX.