542 C. 18. Anno decimo feptimo Georgii IT. A;D. 1744, hundred thoufand Pounds, to be raifed in fuch Manner and Form as is herein after directed j and to that end do mod humbly befeech your Majefty, that it may be enabled ; And be it enacted by the King's moft Excellent Majefty, by and with the Advice and Confent of the Lords Spiritual and Temporal j.Soo.oool. and Commons, in this prefent Parliament aflembled, and by the Authority of the fame, That all and granted to his .every the Annuities which by this Act fhall be granted, and made payable in refpeft of the faid principal Majefty, Sum, of one million eight hundred thoufand Pounds, until Redemption thereof by Parliament in Manner herein after mentioned, fhall be charged and chargeable upon, and payable out of, the Surplus or Re- mainder of the Monies arifen, or which fhall from time to time-arife and be remaining- in the Receipt of rfiaiged an the his Majefty's. Exchequer, of or for the Rates arid Duties on Spirituous Liquors granted by an Act of Par- SousLiquDK. ] ' a m e «t> p.affed in the fix teen th Year of his Majefty's Reign, after paying or referving fumcient to pay ,u ' the United Company of Merchants of. England trading to the Eajl Indies, the Annuity or yearly Fund becoming due from time to time quarterly to the faid Company, and charged upon, and made payable out of, the fame Surplus or Remainder granted to his Majefty, in purfuance of one other Adl pafTed in this Seffion of Parliament ; and the faid Surplus or Remainder of the faid Rates and Duties on Spirituous Liquors are hereby made a Fund, and appropriated for that Purpofe accordingly : And for or towards r,aiiing the faid Sum or Sums of Money, not exceeding in the whole the faid Sum of one million eight hundred thoufand Pounds, for the Purpofes aforefaid, It is hereby further enacted by the Authority afore - d Pounds^ in Part of the faid whole Sum of one million eight hundred thoufand Pounds, for the abfolute Purchafe of any certain Annuity or Annuities, to commence from the ninth Day of ' Apru .one thoufand feven hundred and forty-four, and to be paid and payable to fuch Contributor or Contri- butors, or fuch as he, me or they fhall nominate, his, her or their Executors, Adminiftrators, SuccefTors, Csfliiers to gi'es and Affigns respectively,, in Manner herein after mentioned ; fo as fuch Cafhier or Cafhiers do firft.give Security. Security to the good Liking of any three or more of the Commiffioners of the Treafury now being, or the High Treafurer, or Commiffioners of the Treafury for the Time being, for duly anfwering, and pay- ing into the Receipt of his Majefty's Exchequer for the publick Ufe, the Monies' fo to be advanced and. Annuities to be contributed, and to account duly for the fame; which Annuities before mentioned fhall be computed at 3 1. percent, the Rate of three Pounds per Annum for every one hundred Pounds, and proportionably for any greater or lefs Sum fo to be advanced and paid ; and the Purchafe-money for every fuch Annuity at the Rate afore- faid, is hereby appointed, to be paid unto the faid Cafhier or Cafhiers as aforefaid, at or before the re- when the P«r- fpedtive Days or .Times herein after limited j that is to fay, One fourth Part thereof on or before the chaie money for faid ninth Day of April one thoufand feven hundred and forty-four, one other fourth Part thereof on or Anmiiticsis to before the ninth Day of July then next enfuirig, one other fourth Part thereof on or before the twenty - - e pa eighth Day of September then next enfuing, and the remaining one fourth Part thereof on or before thq "When the An- twentieth Day of December then next following > a ?J which Annuities fo to be purchafed, fhall be paid lumiesare to ,be ant ) payable at two of the moft ufual Feafts or Days of Payment in the Year ; that is to fay, The Feaft of F^' the Nativity of Saint John the Baptift, and of the Birth of our Lord Chrift, or within fix Days after every of the faid Feaft Days ; the firfl Payment thereof to be computed and paid at the Rate of three Pound? per Centum per Annum on the whole Sum, to be paid by fuch Contributors, for the Purchafe of any Part of the faid Annuities, from the faid ninth Day of April one thoufand feven hundred arid forty-four, unto the Feaft of the Birth of our Lord Chrift which fhall be in the Year of our Lord one thoufand feven hun- (CaBiiera to jH«e drtd and forty-four, or within fix Days after the faid Feaft D a y> neverthelefs, the faid Annuities fhall Receipts fn the be redeemable, according to the Purport and true Meaning of a Provifo or Condition, herein after con- Mcney paid tained in that Behalf, and not otherwife ; and the faid Cafhier or Cafhiers of the faid Governor and Com- pany of the Bank of England for th'e Time'being, is or are hereby authorized and required, upon the ad- vancing and paying to him or them any fuch Sum or Sums of Money as aforefaid, forthwith to give. a Receipt in Writing figned by himfelf or themfeives, for ' each Payment, to the Contributor or Payer thereof (which Receipt fhall be affignable by Indorfement thereupon made, at any Time before the twen- ar.d to pay the tieth Day of December one thoufand feven hundred and forty-four, and no longer) and from time to time Money into the t0 p a y j nto t j le .R ece i,p t f hjs Majefty's Exchequer all the Monies which he or they fhall receive of or for the faid Sum, not exceeding one million two hundred thoufand Pounds, as faft as he or they fhall re-< ceive the fame, or any Part thereof, or within five Days afterwards at the fartheft ; and to account for all C -flii ' All • t ^ e ^ on ' es f° to b e adyanced and paid to him or them in his Majefty's Court of Exchequer, accord- ance on account ' n £ to the due Couffe thereof ; in which Account the faid Cafhier or Cafhiers fhall have, juft Allow- ing at the Ex- ance of all Monies which he or they fhall have allowed or paid for prompt Payment, purfuant to ichequer. this Aft. Books to be kept II, And it is hereby enacted, That in the Office of the Accomptant General of the Governor and at the pank, Company of the Bank of England for the Time being, there fhall be provided and kept a Book or Books, in which there fhall be fairly entered the Names of all who fhall be Contributors for fuch Annuities, after the Rate of three Pounds per Centum per Annum as aforefaid, and all Perfons by whofe Hands the faid for pufeljck Pe-- Contributors fhall pay in any of the faid Sums upon this Acl, and alfo the Sums fo paid ; to which Book
- u! *'« or Bocks it fhall.be lawful for the faid refpective Contributors, their Executors, Adminiftrators, Suc-
A C of the ce fr° rs ' ana Affigns, fiGm time to time, at all feafonable Times, to have refort, and to infpedt the fame, pooks^to be e without any Fee or Charge ; and the faid Accomptant General for the Time being' fhall, on or before trapfrnjtled into the Exchsiuer. i tlie
