8a C. 25. Anno quarto Georgii III. A. D. 1763. is Ann. St, j, e, 11, 35 Geo, J.(.JJ. Tallies, Exchequer Orders, or Parliamentary Funds, which the faid Governor and Company, or their Succeffors, fliould have remaining in their Hands, or be intitled to, at .the Time of fuch No- tice to be given as aforefaid (fuch Funds for Redemption whereof other Provifion was made in the fame Act, only excepted) ; then, and in fuch Cafe, and not till then, the faid yearly Fund of one hundred thoufand Pounds fhould ceafe and determine, as by the faid Act (relation b<:ing there- unto had) may more plainly appear: And whereas by an Act of Parliament made in the twelfth Year of her faid late Majefty's Reign (intituled, An Ac! to ra'tfe twelve hundred thoufand Pounds for public!: Ufa, by circulating a further Sum in Exchequer Bills ; and for enabling her Majefiy to raife five hundred thoujand Pounds on the Revenues appointed for Ufes of her Civil Government, to be applied for or towards Payment of fuch Debts and Arrears owing to her Servants, Tradefmen and others, as are therein mentioned) the before recited Provifo or Condition, for determining the faid yearly Fund of one hundred thoufand Pounds, upon twelve Months Notice after the faid firft Day of Auguli
- one thoufand feven hundred and thirty-two, upon fuch Payments as aforefaid, was thereby re-
' pealed and made void ; and it was thereby provided and enacted, That at any Time upon twelve ' Months Notice, after the firft Day of Auguft which fliould be in the Year of our Lord one thou- ' fand feven hundred and forty-two, and not before, and upon Repayment by Parliament to the faid ' Governor and Company of the Bank of England, or their Succelfors, of the faid Sum of fixteen
- hundred thoufand Pounds, without any Deduction, Difcount, or Abatement whatfoever, and
- upon Payment to the faid Governor and Company, and their Succeffors, of all Arrears of the faid
' one hundred thoufand Pounds /w Annum, and all the Principal and Intereft Money which fliould
- be owing to them upon all fuch Tallies, Exchequer Orders, or Parliamentary Funds, which the
- faid Governor and Company, or their SuccefTors, fhould have' remaining in their Hands, or be
' intitled to, at the Time of fuch Notice to be given as aforefaid (fuch Funds for Redemption s whereof other Provifion is made in the faid former Acts, or any of them, or in the faid recited ' Act, always excepted) ; then, and in fuch Cafe, and not till then, the faid yearly Fund of one ' hundred thoufand Pounds fhould ceafe and determine : And it is alfo further provided and enacted, 8 That from and after fuch Redemption of the faid one hundred thoufand Pounds per Annum, and
- from and after Redemption fhould be made by Parliament of the Annuity of one hundred and fix
- thoufand five hundred and one Pounds thirteen Shillings and five Pence, by the faid recited Aft,
- of the feventh Year of her faid late Majefty's Reign, fettled- and payable to the faid Governor and
' Company,,: in the Manner therein' mentioned, and from and after Redemption fhould likewife be
- made of the Fund eftablifhed by the" faid recited Act, in relation to the Exchequer Bills therein
- mentioned, then, and not till then, the faid Corporation of the Governor and Company, of the
- Bank of England fliould ceafe and determine; but till then the faid Governor and Company
' fliould continue a Corporation, and fliould have and enjoy all the Powers and Privileges they, were ' intitled to, as by the fame Act (relation being thereunto had) may more fully appear : And where- ' as by an Act of Parliament made in the fifteenth Year of the Reign of his late Majefty King ' George, the Second (intituled, An Aft far efiabl'ijhing 'an Agreement with the Governor and Com- ' pany of the Bank ^England, for advancing the Sum of one million fix hundred thoufand Pounds, towards 1 the Supply for the Service of the Year one thoufand feven hundred and forty-two) the faid Governor and
- Company, and their Succeffors, were directed to advance and pay into the Receipt of his Ma-
- jefty's Exchequer, for his Majefty's Ufe, the full Sum of one million' fix hundred thoufand
- Pounds, on or before fuch Time, and in fuch Manner, and under fuch Conditions, as in, the
- faid Act are mentioned : And it was thereby declared and enacted, That the feveral and refpec-
4 tive Provisoes, contained in the faid Acts of the feventh and twelfth Years of the Reign of her late ' Majefty Queen Anne, and each of them, and alt other Provifoes contained in any other Act or
- Acts of Parliament for determining the faid, Fund of . one ; hundred thoufand Pounds per Annum ,
- and the faid Corporation of the Governor and Company of the Bank of England, upon the refpec-
- tive Notices and Payments in the fame refpective Acts mentioned, fliould be, and were thereby
- repealed and made void ; and that the faid Governor and Company of the Bank of England, Co en-
- larged as aforefaid, and their Succeffors for ever, fhould remain continue and be one Body Cor-.
' porate and Politick, by the Name aforefaid, and fliould for ever have, receive and enjoy the faid
- entire yearly Fund of one hundred thoufand Pounds, out of the faid Rates and Duties of Excife,
- together with a perpetual Succeflion, and Privilege of Exclufive Banking, as therein after was.
4 mentioned, and all other Abilities, Capacities, Powers, Authorities, Franchifes, Exemptions,
- Privileges Profits and Advantages whatfoever, whereunto the Governor and Company of the Bank
- of England, before the making of the faid Act, were intitled by the faid Acts of the feventh and
- twelfth Years of the Reign of her faid late Majefty Queen Anne, or either of them, or by any
- other Act or Acts 'of Parliament, Grants or Charters whatfoever, then in Force; all which were
- by the faid Act ratified and confirmed to the faid Governor and Company, and their Succeffors,
- freed and difcharged of and from the faid Provifoes, and Conditions of Redemption thereby re-
8 pealed, or intended to be repealed as aforefaid, and all other Provifoes, Powers, Acts, Matters
- and Things whatfoever, theretofore had, made, done or committed, for redeeming, determining,
■' or making void, the faid Corporation, or yearly Fund of one hundred thoufand Pounds, and the
- faid Privilege of Exclufive Banking, and all other their Abilities, Capacities, Powers, Authori-
- ties, Franchifes, Exemptions, Privileges, Profits and Advantages, or any of them; fubject never- .
5 thelefs to fuch Restrictions, Rules and Directions, and alfo to fuch other Agreements, Matters
- and Things, as in the faid Acts and Charters, or any of them then in Force, were contained or
- prefcribed,
