Page:Ruffhead - The Statutes at Large - vol 9.djvu/216

 1-66 C. 1 8. Anno quarto Georgii III. A. D. 1763. c four hundred thoufand Pounds, Remainder of the faid twelwe millions, to an Annuity of one ■* Pound per Annum, for a certain Term of ninety-eight Years, to be computed from the fifth Day ' Day of January one thoufand ("even hundred and fixty-two : And whereas it is thought neccflary c that the faid Annuities granted for the Term of ninety-nine Years from the fifth of January one ' thoufand feven hundred and fixty-one, by the faid Aft of the firft Year of the Reign of his prefent '* Majefty, and transferable at the Bank of England, fhould be, with the Confent of the Proprietors ' thereof added to, and made a Joint Stock with, the faid Annuities granted by the faid Aft of the ' fecond Year of the Reign of his prefent Majefty, for the Term of ninety-eight Years, from the ' fifth Day of January one thoufand feven hundred and fixty-two, alfo transferable! at the Bank of ' England; and that the Charges and Expcnces of the faid Annuities granted in the firftYear of the ' Reign of his prefent Majefty, be charged upon and paid out of the binking Fund, in the fame and ' like manner as thofe of the faid Annuities granted in the fecond Year of the Reign of his prefent ' Majefty are paid and payable : And whereas it is thought neceftary that the faid Principal Sum of " twelve millions borrowed on the Credit of the faid Aft of the firft Year of the Reign of his prefent 4 Majefty, together with the Charges and Expences attending the fame, fhould be, with the Con- " fent of the Proprietors thereof to be fignified within the Time herein after mentioned, charged upon, ' and paid out of, the Fund commonly called The Sinking Fund; and that the feveral Duiies upon ' Strong Beer and Ale, which by the faid Aft were made a Fund for the Payment of the faid three '* May it therefore pleafe your moft Excellent Majefty, that it may be enacted;' And be it enacted by the King's moft Excellent Majefty, by and with the Advice and Confent of the Lords Spiritual and Temporal, and Commons, in this prefent Parliament affembled, and by the Authority of the The 'long Annuities fame, That from and after the fifth Day of January one thoufand feven hundred and fixty-four, the granted by the recited fc^ Annuities granted by the faid Act of the firft Year of the Reign of his prefent Majefty, for the Cmfem of^ne pio"r'ie-'^ erm °^ ninety-nine Years, from the fifth Day of January one thoufand feven hundred' and fixty- tor", to be added to and one 5 fliall be, with the Confent of the feveral Proprietors, added to, and made a joint Stock with, mad'ea Joint-Stock with, the Annuities which were, granted by the faid Act of the fecond Year of the Reign of his thofe granted by Aft 2 prefent Majefty, for the Term of ninety-eight Years, from the fifth Day of January one thou- Geo. 3 . and to be ^char- ," anc j f even hundred and fixty-two, transferable at the Bank of England; and that the Charges and of the°Sink.in? gF a und.° Ut -'^ x P enc:es thereof be charged upon, and paid out of, the Fund comonly called The Sinking Fund, in the fame and like manner as thofe of the faid Annuities granted for ninety-eight Years, in the fecond Year of the Reign of his prefent Majefty, are paid and payable; any thing in the faid Aft made in the firft Year of the Reign of his prefent Majefty to the contray thereof in any wife notwith- itanding. The Principal Sum of IL And he it farther enafted by the Authority aforefaid, That from and after the fifth Day of Ja- ' 12,000,0001. borrowed nuary one thoufand feven hundred and fixty-four, the faid principal Sum of twelve millions borrowed (Geo*" wkh'the OhJ on the Credit of the faid Aft of the firft Year of the Reign of his prefent Majefty, carrying an In- gesa'ttendTng tobechar- tereft after the Rate of three Pounds per Centum per Annum, togther with the Charges and Expences ged with Con'fent of the attending the fame, fliall be, with the Confent of the Proprietors, charged upon, and paid out of, Proprietors, on the Sin- the Fund commonly cailed The Sinking Fund, until Redemption thereof by Parliament; any thing king Fund and paid j n the f a jrj Aft made in the firft Year of his prefent Majefty's Reign to the contrary thereof in any thereout, unredeemed. wi f e notwitll ft and jng. .Annuitants not entering III. And be it further enafted by the Authority aforefaid, That fuch Proprietors of the faid An- their Diflent on or be- nuities for ninety-nine Years, and alfo fuch Proprietors of the faid Annuities on the capital Sum of th re ha^iT theit'i-e" twe ^ ve millions redeemable by Parliament, granted by the faid Aft of the firft Year of the Reign of ipeclive' Annuities on his prefent Majefty, who fliall not on or before the firft Day of June one thoufand feven hundred the sinking Fund, dee- and fixty-four, fignify their Diflent to the charging their refpeftive Annuities on the Sinking med to affent thereto. Fund in Books to be opened at the Bank of England for that Purpofe, fliall be deemed and taken to affent thereto; any thing to the contrary thereof in any wife notwithftanding. The Monies arifing by IV. And be it further enafted hy the Authority aforefaid, That all the Monies which have arifen the Duties, made aFund ,r ince t ]-, e ftf^ rj av of January one thoufand feven hundred and fixty-four, or that fliall or may hereafter for Payment or the |- lld. ar if e £ the feveral Duties upon Strong Beer and Ale, which were made a Fund for the Payment of AnnmUes and Principal, t> 1 /~r a • 1 ■ 1 1 -n-! ^r r Sums, three rounds per Centum per Annmn, in manner above-mentioned, on twelve millions; and alio of the faid Annuities for ninety-nine Years, by virtue of the faid Aft made in the firft Year of the Reign .of his prefent Majefty (which Sum of twelve millions was granted towards the Supply of the Year one thoufand feven hundred and fixty-onej fliall be carried to, and made Part of, the to be carried to the Sin-.F UI id commonly called The Sinking Fund; and the fame fliall be deemed and taken to be Part of the ac'"^ 11! ' a ' ,d appl ' ed "f ame Sinking Fund; and fliall be iffued and applied to fuch Ufes and Purpofes as the feveral ExcefTes, Surpluffes, or Overplus Monies compofing the Sinking Fund, are or may be iflued and applied; any thing in the faid Aft of the firft Year of the Reign of his prefent Majefty to the contrary thereof in any wife notwithftanding. 2 CAP.
 * Pounds per Centum per Annum Annuities, fhould be carried to and made i J art of the faid Fund;