Page:Ruffhead - The Statutes at Large - vol 9.djvu/234

 C. 25, Anno quarto Georgii III. A. D. 1763. &<t S Geo. I.e. zx. & Gee 2. <r. jo Act 19 Geo. z. r. 6. Privilege of E«Iu(ive Banking granted to the Bank by former Acts, confirmed to them j Acts, without any Deduction, Difcount or Abatement wliatfoever, to be made out of the faid Sum of three millions two hundred thoufand Pounds, or any Part thereof; and upon Payment to the faid Governor and Company, and their SuccefTors, of all the Arrears of the faid one hundred thoufand Pounds per Annum, and all the Principal and Intereft Money which fhall be owing unto them upon all fuch Tallies, Exchequer Orders, Exchequer Bills, or Parliamentary Funds, which the faid Governor and Company, or their SuccefTors, fliall have remaining in their Hands, or be in- titled to, at the Time of fuch Notice, to be given as aforefaid; fuch Funds, for Redemption whereof other Provifion is made in and by one Act of Parliament made in the eighth Year of the Reign of his Majefty King George the Firft, intituled, An Ail to enable the South Sea Company to difpofe of the Effecls in their Hands by Way of Lottery or Subfcription, or to fell Part of their Fund or Annuity pay- able at the Exchequer, ' in order to pay the Debts of the faid Company, and for Relief of fuch -who were intended to have the Benefit of a late Ail touching Payment of ten per Centum therein mentioned; and I Geo. z. St, z. c. 8. in and by one other Act of Parliament made in the firft Year of the Reign of his late Ma- jefty King George the Second, intituled, An Ail for granting an Aid to his Majefiy by Sale of Annui- ties to the Bank a/"England, at four Pounds per Centum, redeemable by Parliament, and charged upon the Duties on Coals and Culm; and for further applying the Produce of the Sinking Fund; and for enlarg- ing the Time for exchanging Nevis and Saint Chriftophers Debentures for Annuities at three per Centum; and for applying the Arrears of his late Majefiy' s Civil Lift Revenues; and by one other Act of Parlia-- ment, made in the fecond Year of the Reign of his faid late Majefty, intituled, An ASi for raifmg the Sum of one million two hundred and fifty thoufand Pounds, by Sale of Annuities to the Bank s/"England, after the Rate of four Pounds per Centum per Annum, redeemable by Parliament; and for applying the Produce of the Sinking Fund; and by one other Act of Parliament made in the nineteenth Year of the Reign of his faid late Majefty, intituled, An Ail for ejlablijhing an Agreement with the Governor and Company of the Bank «/"England, for cancelling certain Exchequer Bills upon the Terms therein mentioned, and for obliging them to advance the Sum of one million upon the Credit of the Land Tax and Malt Du- ties granted to his Majefiy for the Service of the Tear one thoufand feven hundred and forty-fix; always and only excepted; then and in fuch Cafe, and not till then, the faid yearly Fund of one hundred thoufand Pounds fliall ceafe and determine. XIII. And, to prevent any Doubts that may arife concerning the Privilege or Power given by former Acts of Parliament to the faid Governor and Company of Exclufiye Banking, and alfo in regard to the erecting any other Bank or Banks by Parliament, or reftraining other Perfons from Banking during the Continuance of the faid Privilege granted to the Governor and Company of the Bank of England as before recited, It is hereby further enacted and declared by the Authority afore- faid, That it is the true Intent and Meaning of this Ad, that no other Bank fhall be erected, efta- blifhed or allowed by Parliament; and that it fhall not be lawful for any Body Politick or Corpo- rate whatfoever erected or to be erected, or for any other Perfons united or to be united in Cove- nants or Partnerfhip, exceeding the Number of fix Perfons, in that Part of Great Britain called England, to borrow, owe or take up, any Sum or Sums of Money, on their Bills or Notes payable at Demand, or at any lefs Time than fix Months from the borrowing thereof, during the Continu- ance of fuch faid Privilege to the faid Governor and Company, who are hereby declared to be and remain a Corporation, with the Privilege of Exclufive Banking as before recited, fubject to Re- Redemption beioire men- demption on the Terms and Conditions before mentioned; that is to fay, On one Year's Notice millions two hundred thoufand Pounds, and all Arrears of the one hundred thoufand Pounds j>«" Annum, and all the Principal and Intereft Money that fhall be ovying them on all fuch Tallies, Ex- chequer Orders, Exchequer Bills or Parliamentary Funds (fuch Funds as are before mentioned only and always excepted) which the faid Governor and Company, or their SuccefTors, fhall have re- maining in their Hands, or be intitled to, at the Time of fuch Notice to be given as aforefaid, and. not otherwife; any thing in this Act, or any former Act or Acts of Parliament, to the contrary in any wife notwithftanding. XIV. And it is hereby alfo enacted and declared by the Authority aforefaid, That any Vote or Refolution of the Houfe of Commons, fignified by the Speaker of the faid Houfe in Writing, and delivered at the publick Office of the faid Governor and Company, or their SuccefTors, fhall be deemed and adjudged to be a fufficient Notice, within the Words or Meaning of this Act; any thing herein contained to the contrary notwithftanding. ' XV. And whereas it is neceflary that Provifion fhould be made for more effectually preventing 1 the forging Powers to Transfer any fuch Stock, or to receive fuch Dividends or Annuities, as Peaaltyof forging Power enacted by the Authority aforefaid, That if any Perfon or Perfons whatfoever, from and after the to transfer any Stock; fcQ. jy,^ Q c ]rf a y one thoufand feven hundred and fixty-four, fhall forge or counterfeit, or procure !Lj*'- c rj""L""!L to be forged or counterfeited, or knowingly and wilfully act or affift in the forging or counterfeiting any Letter of Attorney, or other Authority or Inftrument, to transfer, affign, fell or convey, any Share or Shares, or any Part of any Share or Shares, of and in any Capital Stock or Stocks of any Body or Bodies Politick or Corporate, which now are, or hereafter fhall be, eftablifhed by any A<5fc or Acts of Parliament; or any Share or Shares, or any Part of any Share or Shares, of and in an/ Annuities in refpect whereof the Proprietors of fuch Annuities have or fhall have transferable I Shares m any Capital Stock or Stocks now eftablifhed, or which ihall hereafter he eftablifhed by any*; fubject to trie Claufe of Vote of the Houfe bF Commons fignined by the Speaker deemed fuf- fif '-:>:t Notice^ iends or Annuities there- on; or the fraudulent perfonatisgtlie Owners ihereof j,
 * i0 after the firft Day of Auguft one thoufand feven hundred and eighty-fix, and Repayment of the three
 * are herein after mentioned, and the fraudulent perfonating the Owners thereof;' Be it further