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^ Geo. T. stat. thousand pounds for publick services, by sale.; of annuities, after 'c. 19. rate 0f ^ve p0un^s per centum per annum, -redeemable by parlia

ment, and to authorize a treaty concerning private rights claimed by the proprietors of the sugar-houses in Scotland, a certain yearly sum of forty five-thousand five hundred pounds was establistoed to be a distinct and separate yearly fund for answering and paying certain annuities, after the rate of five pounds per centum per annum, which were then to be purchased upon the same act, until the redemption thereof hy parliament; and the said yearly fund was thereby directed to be issued ut the exchequer to the first and chief castoier of the governor and company of the bank of England for the time being, by way of imprest, and upon account, for payment of the said annuities, which were to be purchased upon that act; and it was thereby enacted, That the monies which stoould be contributed on the fame aSi for or towards the sum of nine hundred and ten thousand pounds therein mentioned, stoould be deemed to be a capital or joint stock on which such annuities should be attending; and the same joint stock, and the proportional annuities attending the samer were thereby made transferable and devise able in the manner thereby prescribed', and in the said a£l is contained a proviso, That at any time upon one year's notice, and repayment by parliament, of the said sum of nine hundred and ten thousand pounds, or so much thereof, as should be. advanced upon the said a£l, unto the respective contributors of the fame, or to such person or persons as by, from or under them, stoould then be entitled to the said annuities, after the rate of five pounds per centum per annum, in refpeSi of the money so advanced, according to such interests as they respectively should then have in the same annuities, and also upon full payment and satisfaction of all arrears of the said annuities, after the rate of five pounds per centum per annum (if any such stall be then due) then, and not till then, the said annuities, after the rate of five pounds per centum per annum created by that aft, stoould cease and determine: and whereas the contributions on the said a£t did amount to the said full.sum of nine hundred and ten.thousandpounds, and the annuities, which became payable in respett of the same, did amount to the yearly sum of forty five thousand five hundred pounds: and whereas, fince the making of the said all;, as much of the said capital stock as amounted to seven hundred and fix thousand one hundred and seventy five pounds and fifteen floillings, and as many of the said annuities attendingthe fame, as amounted to thirty five thousand three hundred and eight pounds fifteen stoillings and nine pence per annum, have been subscribed into the capital stock and yearly fund of the South-Sea company, and as much of the said capital stock, created by the aU in part before recited, as amounts to Vtuo hundred and three thousand eight hundred twenty four pounds and jive shillings, and as many of the said annuities as amount to ten thousand one hundred ninety one pounds four stoillings and three pence per annum, in respect thereof, do still remain transferrable at the bank, or devifeable as aforesaid, and are payable by the castoier of the governor and company of the bank of England for the time being: And whereas in and by certain clauses contained in another a& of parliament made and passed in the said first year of your Majesty's reign, intituled, An act: for enlarge ing the capital stock and yearly fund of the South-Sea company, and for supplying thereby eight hundred and twenty two thousand thirty 1 Geo. i. stat. twQ p0unc|s f0lir iTiillings and eight pence to publick uses; and for 2' c' 7,1' railing one hundred sixty nine thousand pounds for the like uses,

by by sale of annuities upon divers encouragements therein mentioned,* and for appropriating several supplies granted to his Majesty, for

encouragement of such persons and corporations as would advance, for the service of the publics a?iy sum or sums of money not exceeding the further sum of one hundred sixty nine thousand pounds, a certain yearly sum of eight thousand four hundred and fifty pounds was established to be a diftinft or separate fund for answering and paying annuities, after the rate of five pounds per centum per annum, which were thereby to be purchased, until the redemption thereof by parliament; and the said yearly sum or fund of eight thousand four hundred and fifty pounds per annum was thereby dire ft ed to be issued at the exchequer to the first and chief cashier of the governor and company of the bank of England for the time being, by way of imprest, and upon account, for payment of the said annuities, not exceeding eight thousand four hundred and fifty pounds per annum; and it was thereby emfted, Tliat the monies, which should be so contributed or advanced for or towards the said sum, not exceeding one hundred sixty nine thousand pounds, should be a capital or joint stock on which the annuities last mentioned stoould be attending, and the fame joint stock, and the proportional annuities attending the fame, were thereby made transferable and devifeable in the manner thereby prescribed: and in the aft last mentioned there is contained a proviso, That at any time upon one year's notice, and repayment by parliament of the said sum of one hundred sixty nine thousand pounds, or so much thereof as should be advanced on the aft last mentioned, unto the respeftive contributors of the fame, or to such person or persons as by, from or under themy stjould be then entitled to the same annuities, after the rate of five pounds per centum per annum, in respeft of the monies so advanced according to such interests as they rejpeftively stjould then have in the fame annuities, and also upon full payment and satisfaction of all arrears of the fame annuities, after the rate of five pounds per centum per annum (if any should be then due) then, and not till then, the said last mentioned annuities, after the rate of five pounds per centum per annum, stjould also cease and determine: and whereas the contributions upon the clauses in the all; last mentioned for such annuities as aforesaid, did amount to the said whole sum of one hundred sixty nine thousand pounds, and the annuities, which were payable in refpeU of the fame, did amount to the said yearly sum of eight thousand four hundred and fifty pounds; and% since the making of the atl last in part before recited, as much of the said capital stock last mentioned, as amounted to one hundred thirty seven thousand five hundred twenty fix pounds fix stoillings and eight pence, and as many of the fame annuities attending the fame stock, as amounted, to fix thousand eight hundred seventy fix pounds fix shilling and four pence per annum, have been subscribed into the capital stock and fund of the South-Sea company, and as much of the said capital stock of one hundred sixty nine thousand pounds, as amounts to thirty one thousand four hundred seventy three pounds thirteen stnllings and four pence, and as many of the said annuities attending the fame, as amount to one thousand five hundred seventy three pounds thirteen stnllings and eight pence per annum, still remain transferable at the bank, and devifeable as aforesaid, and payable by the said castrier of the governor and company of the bank of England for the time being: and whereas due notices were given b$ the right honourable Spencer Compton, esquire, speaker of the honour* Me botise of commons, for redeeming the said several annuities of ten. thousand one hundred ninety one pounds four shillings mid three pence per annum, and one tJjouJand five hundred seventy three pounds thirteen shillings and eight pence per annum, and purjimnt to the said notices the fame are redeemable at the feast of the annunciation of the blessed Virgin Mary in the year of ear Lord one thousand seven hundred and twe%ty four: and whereas in and by a clause in a certain aft of parliament passed in the fifth year of your Majesty's reign, intituled. An act for granting to c his Majesty an aid by a land-tax to be raised in Great Britain, for

5 °* *• c' u the service of the year one thousand seven hundred and nineteen, it was enabled, That a certain deficiency or sum of one hundred and ten thousand three hundred and twelve pounds seventeen shillings and four pence three farthings therein mentioned, should be supplied and made good to the treasurer of Ms Majesty*s navy, by and out of the general yearly fund of seven hundred twenty four thousand eight hwidred forty nine pounds six shillings and ten pence one fifth part of a penny, or out of money to be raised at the exchequer for purchasing an annuity or annuities,- after a rate not exceeding five pounds per centum per annum, for the said sum of one hundred ten thousand three hundred and twelve pounds seventeen shillings and four pence three farthings; and that such annuities should, be charged on the said genei'al yearly fimd, and he payable and transferable at the bank of England, as other annuities payable out of the said general yearly fund were intended, by any former afi or atts of parliament then in force, to be payable and transferable, until the redemption thereof by parliament: and whereas, in pursuance of the said clause, an annuity of five thousand five hundred and fifteen pounds twelve shillings and ten pence farthing per annum, being after the rate of five pounds per centum per annum for the said sum of one hundred and ten thousand three hundred and twelve pounds seventeen shillings and four pence thee farthings, was created and charged on the said general fund; and whereas as much of the said last mentioned capital sum, as amount* ed to the sum of one hundred and'seven thousand eight hwidred and two pounds seventeen shillings and four pence three farthings, and as much of the said annuities attending the fame, as amounted to five thousand three hundred and ninety pounds two shillings and ten pence farthing per annum, have been subscribed into the capital stock of the South-Sea company, and as much of the said capital sum as amounts to two thousand five hundred and ten pounds, and as much of the fame annuity attending the fame as amounts to one hundred twenty five pounds and ten shillings per annum, do still remain transferable at the bank of England, and are redeemable by parliament; and whereas the sum of one million one hundred fifty seven thousand three hundred and sixty pounds* in refpeU only of the tickets commonly called the blank tickets^ drawn inthe lottery for raising fourteen hundred thousand pounds, for the service of the year one thousand seven hundred and fourteen, was charged, with an interest after the rate of five pounds per centum per annum, upon the yearly fund of one hundred and sixteen thousand five hundred seventy three pounds twelve shillings, payable at the exchequer out of certain duties on soap, paper, linens, silks, callicoes, fluffs, starch, exported coals, and upon jtampt vellum, parchment and paper, granted for thirty two years, from the second day of August one thousand seven hundred and fourteen, by two aSts, one jiAnn. flat. r ^ Hveipj} yeaY Df the reign of her late majesty Queen Anne, intituled^ %% C* ?* An act: for laying additional duties on soap and paper, and upon

certain linens, silks, callicoes and stuffs, and upon starch, exported

coals,

coals, and upon stampt vellum, parchment and paper, for rai- 1 Geo. 1. staf sing one million four hundred thousand pounds by way of a x* c* *• lottery for her Majesty's supply, and for allowances on exporting made wares of leather, sheep-skins and lamb-slrins; and for distribution of four thousand pounds, due to the officers and seamen for gun-money; and to adjust the property of tickets in former lotteries; and touching certain (hares of stock in the capital of the South-Sea company; and for appropriating the monies granted to her Majesty, and the other of the first year of your Majesty's reign, intituled? An act for rectifying mistakes in the names of the commissioners of the land-tax, for the year one thousand seven hundred and fourteen; and for raising so much as is wanting to make up the sum of fourteen hundred thousand pounds, intended to be raised by a lottery for the pub-, lick service in the said year, or by one of the aels last mentioned: and zuhereasfo much of the said last mentioned principal sum of one million one hundred fifty seven thousand three hundred and sixty pounds remains unpaid off or unsubscribed into the capitalstock os the SouthSea companyas amounts to the principal sum of one hundred and ten thousand fix hundred pounds, and the fame is payable on certainstanding orders made out in pursuance of the said last mentioned acls, or one of them, by the paymaster or paymasters appointed or to be appointed in pursuance of the same acls, or one os them: and whereas the monies arisen or to arise in the receipt os the exchequer of the surpluses, excesses and overplus ?nonies, commonly called the finking fund} at present stand appropriated to the paying off and cancelling the several ex chequer-bills now in being, or some os them; and the governor end company of the bank of England are under a contracl or contracls for circulating or exchanging-the fame ex chequer-bills for ready money: and whereas the said governor end company have consented, that notwithstanding such present appropriation, so much of the monies? arisen ar to arise into the receipt of the exchequer of the saidsurphsfes, ex~ cesses, or overplus monies, commonly called the finking fund, at or before the feast of the annunciation of the blessed Virgin Mary which shall be in the year of our Lord one thousand seven hundred and twenty four, as will be necessary to pay off the said several capital or principal sums so remaining unsubscribed or unpaid off as aforesaid^ and all arrears of the annuities or interests attending thereon, may be issued and applied for the redeeming and paying off the same, so as tbt remainder thereof and the monies which from the said feast-day shall arise from the same surplufses, excesses or overplus monies, remain and continue appropriated, as they are at present: now we your Majesty's dutiful and loyal subjects, the commons of Great Britain in parliament assembled, being resolved to pay off and discharge the said several capital sums of two hundred and three thousand eight hundred twenty four pounds five (hillings, thirty one thousand four hundred seventy three pounds thirteen shillings and four pence, and two thousand five hundred and ten pounds, making together two hundred thirty seven thousand eight hundred and seven pounds eighteen (hillings and four pence* aud to redeem the said several annuities attending there

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bn, arid also to pay off and discharge the said principal sum of one hundred and ten thousand six hundred pounds so as aforesaid remaining due on the said orders made forth for the said blank lottery tickets, together with the interest due or to grow due thereon, at the rate of five pounds per centum per annum as aforesaid: and being desirous thereby in some measure to ease the present burthen of the publick debts and incumbrances, and to the intent that sufficient monies may be issued and applied for the ends and purposes aforesaid, do humbly beseech your Majesty, That it may be enacted, and be it enacted by the King's most excellent majesty, by and with the advice and consent of the lords spiritual and temporal and commons, in this present parliament assembled, and by the authority of the same, that out of such monies as are or shall be in the receipt of the exchequer of the surplusses, excesses and overplus monies commonly called the finking fund, arisen or to arise for the halfyear, ending at the feast of the annunciation of the blessed Virgin Mary which shall be in the year of our Lord one thousand seven hundred and twenty four, or for any time preceding the fame feast-day, (such other payments exclusive of the principal monies payable on the said exchequer-bills, as have been directed to be made at or before the fame feast-day by authority of parliament, out of the said surplusses, excesses and overplus monies, always excepted and foreprized) there shall be issued and paid, on or before the said feast-day of the annunciation of the blessed Virgin Mary one thousand seven hundred and twenty sour, the sum of two hundred thirty seven thousand 437,807!. 189. eight hundred and seven pounds eighteen shillings and four pence, 4-d. applied to to the said cashier of the governor and company of the bank of the redempti- England, now or for the time being, by way os imprest and ties £cnnui" upon account, together with ib much more monies, as on the said last mentioned feast-day shall be due and in arrear for the said several and respective annuities, or any of them, to be by him applied and paid over for discharging the said several remaining capital sums of two hundred and three thousand eight hundred twenty four pounds five /hillings, thirty one thousand four hundred seventy three pounds thirteen {hillings and four pence, and two thousand five hundred and ten pounds, and for redeeming the said several and respective annuities attending thereon, and for discharging all arrears thereof; and that the said commissioners of his Majesty's treasury, or any three or more of them now being, or the high treasurer, or any three or more of the commissioners of the treasury for the time being, do cause the same to be issued and paid to the said cashier accordingly, without any further or other warrant or authority to be sued for, had or obtained in that behalf; any former law or statute whatsoever to the contrary notwithstanding; and the said cashier of the said governor and company of the bank of England \s hereby strictly enjoined and required to apply and pay over the monies, which (hall be so issued to him as aforesaid, to such person ana1 persons, body and bodies politick and

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