448 C. 13. Anno decimo quinto Georgii II. A. D. 1742. The Governor and Company of the Bank of England, fubjeft to the fame Rules, Orders, and Regulations, and intitled to the fame Privileges, Advantages and Immunities, with the prefent Members of the faid Corpo- ration; any Law, Statute, or Provifion to the contrary thereof, in any wife notwithftanding. Bank may tranf- trii a ... -.. • .. ,.!.- A ..j?..__ _r r ■ <•■• , ^ for their new Stock. a: fatrv ferrable before the making of this Aft; and together with the Produce thereof, fhall be'free from Parlia- mentary Taxes, Charges and Impofitions, and all other Taxes, Charges and Impofitions whatfoever- and the Transfers or Aflignments of Stock or additional Stock in the Books of the faid Company, (hall not hereafter be or be made liable to any higher or greater Stamp, or other Duties than are now payable for the Transfers or Aflignments of their prefent Stock, or any Part thereof; any thing in this Act contained or in any other Aft or Afts of Parliament to the contrary in any wife notwithftanding. •Being Governor, VIII. And it is hereby further enafted by the Authority aforefaid, That no Perfon in refpeft of his being &c. of the Bank, Governor, Deputy Governor, Direftor, Manager or Member of the faid Company, or for having any to create no Dif- Stock or Share therein, or for any Matter or Thing to be by him done or performed in the Affairs of ability. {ne kjj Corporation, fhall be now or at any Time hereafter difabled from being or continuing, or from be- ing elefted, or ferving as a Member of Parliament, or be liable, or fubjeft to any Penalty, Forfeiture or Difability prefcribed by any other Aft or Afts of Parliament, for not qualifying himfelf to execute his Truft with refpeft to the Affairs of the faid Corporation, as Perfons - who fhall take or execute any Of- fice or Place of Profit or Truft are fubjeft and liable unto, by any Law now in Force, or be adjudged liable to be a Bankrupt, within the Intent or Meaning of all or any the Statutes made againft or concerning Bank- rupts; any Law, Statute or Provifion to the contrary thereof in any wife notwithftanding. Pt.oviib. IX. Provided always, and it is hereby enafted and declared by the Authority aforefaid, That it is the true Intent and Meaning of this Aft, that the faid Governor and Company of the Bank of England, and their Succeffors, fhall have, receive and enjoy the faid Annuity of one hundred thoufand Pounds now pay- able to them, in refpeft of their faid Original Capital Stock of one million fix hundred thoufand Pounds, until the faid firft Day of Augiift which fha'l be in the Year of our Lord one thoufand feven hundred and forty-three, over and above the Intereft of the faid Sum of one million fix hundred thoufand Pounds to be advanced, as aforefaid; which Intereft the faid Governor and Company are to receive back by way of Difcount in the Manner herein before mentioned; any thing in this Aft, or any former Aft or Afts of Parliament to the contrary in any wife notwithftanding. •What (hall be a X. And it is hereby alio enafted and declared by the Authority aforefaid, That any Vote or Resolution Notice to the of the Houfe of Commons fignified by the Speaker of the faid Houfe in Writing, and delivered at the pub- Bank within the lick Office of the laid Governor and Company, or their Succeffors, fhall be deemed and adjudged to be a Me.mingof this f u fft c j ent Notice within the Words or Meaning of this Aft; any thing herein contained to the contrary A ' notwithftanding. Per(ons counter- XI. And be it further enafted by the Authority aforefaid, That if any Perfon or Perfons fhall forge, coun- tering, or alter- terfeit or alter any Bank Note, Bank Bill of Exchange, Dividend Warrant, or any Bond or Obligation rng Bank Note?, unt j er the Common Seal of the faid Company, or any Indorfement thereon, or fhall offer or difpofe of or Death". " " P ut away any fuch forged, counterfeit or altered Note, Bill, Dividend Warrant, Bond or Obligation, or the Indorfement thereon, or demand the Money therein contained or pretended to be due thereon, or any Part thereof, of the faid Company, or any their Officers or Servants, knowing fuch Note, Bill, Dividend Warrant, Bond or Obligation, or the Indorfement thereon, to be forged, counterfeited or altered, with In- tent to defraud the faid Company, or their Succeffors, or any other Perfon or Perfons whatfoever; every Perfon or Perfons fo offending, and being thereof convifted in due Form of Law, fhall be deemed guilty of Felony, and fnall fuffer Death as a Felon without Benefit of Clergy. Servants break- XII. And be it further enafted by the Authority aforefaid, That if any Officer or Servant of the faid ing their Truft Company being entrufted with any Note, Bill, Dividend Warrant, Bond, Deed, or any Security, Money to the Company, or other Eff^fts belonging to the faid Company, or having any Bill, Dividend Warrant, Bond, Deed or /hall fufter ar) y Security or Effefts of any other Perfon or Perfons lodged or depofited with the faid Company, or with him as an Officer or Servant of the faid Company, fhall fecrete, imbezil or run away with any fuch Note, Bill, Dividend Warrant, Bond, Deed, Security, Money or Effefts, or any Part of them; every Officer or Servant fo offending, and being thereof convifted in due Form of Law, fhall be deemed guilty of Felony, and {hall fuffer Death as a Felon without Benefit of Clergy. Conflitution of ' XIII. And whereas by the Charter or Conftitution of the faid Company, it is ordained, appointed the Company. ' and declared, That there fhall be from time to time for ever of the Members of the faid Company a Go- vernor, Deputy Governor and twenty-four Direftors, of and in the faid Corporation; which Governor, Deputy Governor and Direftors, or any thirteen or more of them (of which the Governor or Deputy Governor to be always one) fhall be, and be called a Court of Direftors for the ordering, managing and directing the Affairs of the faid Corporation, and fhall have fuch Powers or Privileges as are therein mentioned: And whereas by the above mentioned Limitation it may fo happen that a Court of Direftors cannot be held by reafon of the unavoidable Abfence, or otherwife, of the Governor and Deputy Go- vernor for the time being, to the great Damage and Hindrance of the Bufinefs of the faid Corporation :' Diteflorsmay Be it therefore enafted by the Authority aforefaid, That whenever aCourt of Direftors is fummoned or chwfea cluir- appointed to be held, and the Direftors fhall be met according to fuch Summons or .Appointment, if it w»n to fojuJy Qj.,jj fo happen, that the Governor and Deputy Governor for the time being, fhall be ablent for the Space the Goyerno- C at ot two R our § a ^ er the uula ' Time of proceeding to Bufinefs; it fhall and may be lawful for the Direftors, any Meeting, who fhall be then met (of whom there fhall be always thirteen or more) or the major Part of them, to choofe a Chairman for that Time, and to proceed to Bufinefs, and that the Proceedings and Afts of the fait
