Page:Ruffhead - The Statutes at Large - vol 9.djvu/121

 A. D. 1763. Anno quarto Georgii III. C. 1, 71 his Majefty's Courts of Record at WeftminJIer ; wherein no Effoin, Protection, Privilege, Wager of Law> Injunction, or Order of Reftraint, fhall be in any wife granted or allowed. XXIII. Provided always, That if it fhall happen that feveral Tallies of Loan, or Orders for Payment, N° u ndue Pre- as aforefaid, bear Date, or be brought the fame Day to the Auditor of the Receipt to be regiftered, then it Tallies' are dat a fhall be interpreted no undue Preference, which of thole be entered firft, fo as he enters them all the fame m brought the Day. . famc Da >' : XXIV. Provided alfo, That it fhall not be interpreted any undue Preference, to incur any Penalty in Norif ft.bfequent point of Payment, if the Auditor direct, and the Clerk of the Pells record, and the Tellers do pay tub- Orders be paid fequent Orders to Perfons that come and demand their Monies, and bring their Orders, before other Per- betu,e r,,ch as fons who did not come to take their Monies, and bring their Orders in Courfe; fo as there be fo much mandeinii Z ~ Money referved as will fatisfy precedent Orders ; which fhall not be otherwife difpofed of, but kept for Courfe, them ; Intereft upon Loan being to ceafe from the Time the Money is fo referved and kept in Bank for them. XXV. And be it further enacted, That all and every Perfon and Perfons to whom any Money fhall be ° lder3 "%na< due for Loans to be regiftered by virtue of this Aft, after Order entered in the Book of P.egifter aforefaid, ble ' his, her or their Executors, Adminiftrators, or Affigns, by proper Words of Affignment to be indorfed on his, her or their Order, may affign and transfer his, her or their Right, Title, Intereft, and Benefit of fuch Order, or any Part thereof, to any other ; which being notified in the Office of the Auditor of the Receipt aforefaid, and an Entry or Memorial thereof ai'fo made in the Book of Regiftry as aforefiud, for Orders (which the Officers fhall upon Requeft, without Fee or Charge, accordingly make) fhall intitle fuch Affignee, his, her or their Executors, Adminiftrators, Succeflors, or Affigns, to the Bsnefit thereof,, and Payment thereon ; and fuch Affignee may, in like manner, affign again, and fo toties quoties ; and af- terwards it fhall 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 the Monies thereby due, or any Part thereof. XXVI. And, to the end there may be no Want or Failure of a certain Sum, not to exceed in the whole feven hundred and fifty thoufand Pounds, to be railed, either by fuch Loans as aforefaid, or by iffuing Ex- chequer Bills, as is herein after mentioned, or by both or either of thofe Ways or Means, for the publick Service ; Be it further provided and enacted by the Authority aforefaid, That in cafe the Commiffioners of ComrnuTioners of his Majefty's Treafury, or any three or more of them now being, or the High Treafurer, or any three or • • rr "^y' m - more of" trie Commiffioners of the Treafury for the Time being, fhall judge it more advifeable to raife the p are any Numbe* faid Sum of feven hundred and fifty thoufand Pounds, or any Part thereof, by Exchequer Bills, inftead of of one common fuch Loans as aforefaid, that then they reflectively are hereby authorized and impowered at any Time or Sum,, or different: Times, at once, or by fuch Proportions at a Time as they refpectively fhall find to be moil for the Advan- s ™"> ',".!'. tage of the Publick, to prepare and make, or caufe to be prepared and made, at the Exchequer, in fuch plmc ' p Method and Form as they or he fhall think molt fa'fe and convenient, any Number of new Exchequer Bills,, containing one common Sum, or different Sums, in the principal Monies, fo that in cafe there fhall be no Loans made, then all the principal Sums to be contained in the faid Bills to be made forth by this Acl,, fhall not exceed feven hundred and fifty thoufand Pounds; and in cafe any fuch Loans fhall be made as- aforefaid, then all the principal Sums to be contained in the faid Bills to be made forth by this Act, toge- ther with fuch Loans fo made, fhall not exceed the faid Sum of feven hundred and fifty thoufand Pounds. XXVII. And be it further enacted by the Authority aforefaid, That the faid Bills to be prepared and Bills to bear In- made in purfuance of this Act, fhall and may bear an Intereft not exceeding the Rate of four Pounds per tereft at 4 ! - P er Centum -per Annum., and proportionally for any greater or lefs Sum to be contained therein, and to be pay- Cent -l >er Anil « able to the Bearers thereof refpectively; neverthelefs the faid Intereft mail be abated and faved upon fuch of the faid Bills to be made forth by this Act, as fhall at any Time or Times be in the Receipt of the Ex- chequer, or in the Hands or Power of any Receivers or Collectors of any Taxes, Aids or Revenues what- foever, payable to his Majefty, his Heirs, and Succeffbrs, during fuch Time and Times refpectively, as fuch Bills fhall be or remain in the faid Receipt, or in fuch Hands or Power as aforefaid. XXVIII. And it is hereby enacted, That all the faid Bills, fo to be prepared and made, fhall be num-Thefe Bills to U hered arithmetically, beginning with No. I. and fo proceeding in an arithmetical Progreffion afcending, " u ™ b ^ ed ali£tl * wherein the common Excefs or Difference fhall always be one, and fhall be regiftered accordingly, fo that metl " y " the principal Sum to be contained in every fuch Bill (after Repayment of the Loans which fhall have been made as aforefaid, if any fuch be, with the Intereft thereof, or reierving Money fufficient for that PurpofeJ may regularly be paid off, and difcharged in Courfe, according to the Number of every fuch Bill, as it fhall- ftand in the faid Regifter; and that the Intereft upon all and every the faid Bills fhall be payable every three Months, according to the Purport and true Meaning of this Act ; and that upon every fuch Bill there fhall be indorfed, printed, or written, in Words at Length, or in Figures, the Sum after which the Principal to be contained therein fhall be payable in fuch Courfe, as aforefaid, according to the Purport and true- Meaning of this Act. XXIX. Provided always, and be it enacted by the Authority aforefaid, That in cafe the faid Sum, not Treafury to di- exceeding feven hundred and fifty thoufand Pounds, fhall be railed partly by Loans, and partly by Exche- re ? th ° Cour| e quer Bills, according to the Powers before given by this Aft ; that then, and in fuch Cafe, it fhall and L ra m o^che- may be lawful to and for the Commiffioners of his Majefty's Treafury, or any three or more of them now qU er Bills, being, or the High Treafurer, or any three or more of the Commiffioners of. the Treafury for the Time * being;, when and as often as they fhall, by virtue of the faid Powers, direct any fuch Loans to be taken, or any luch Exchequer Bills to be made out, at the fame Time alfo to direct and appoint the Courfe and Order in which (uch Loans and Exchequer Bills fhall ftand upon the faid Regifter, and after what Sum they fhall refpectively begfn to be payable in Courfe, out of the Monies arifing by this Act, fo as no fub- fequenfc