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buttons on the said aft did amount to the said full sum of nine hundred and ten thou}and pounds, and the annuities, which became payable in rested of the fame, did amount to the yearly sum of forty five thousand five hundred pounds: and whereas since the making of the said aft, as much of the said capital flock as amounted to seven hundred fix thousand one hundred seventy five pounds and fifteen fillings, and as many of the said annuities attending the fame, as amounted to thirty five thousand three hundred and eight pounds fifteen findings and nine pence per annum, have been fa'scribed into the capital (lock andvear-* ly fund os the South-Sea company*, and as much of the said capital flock created by the aft, in part before recited, as amounts to two hundred three thousand eight hundred twenty four pounds and five shillings y and as many of the said annuities as amount to ten thousand one hundred ninety one pounds four shillings and three pence per annum, in refpeft thereof do still remain t r ans ferr able at the bank, or deviseable as aforesaid, and are payable by the said caslner os the governor aud company of the bank of England for the time being: and whereas in and by certain clauses contained in another aft of parliament, made 1 Geo. 1. flat, and passed in the said first year of your Majesty s reign, intituled, An a. c. 21. act for enlarging the capital stock: and yearly fund of the SouthSea company, and for supplying thereby eight hundred twenty two thousand thirty two pounds four shillings and eight pence, to publick uses; and for raising one hundred sixty nine thousand pounds for the like uses, 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 ivould advance, for the service of the publick, any sum or sums of money, not exceeding the further sum os one hundred sixty nine thousand pounds, a certain yearly sum os eight thousand four hundred and fifty pounds was established to be a distinft or separate fund, for answering and paying annuities after the rate of five pounds per centum per annum, zahichzuere thereby to be purchased, until the redemption thereof by parliament; and the said yearly fund or sum of eight thousand sour hundred and fifty pounds per annum,. was thereby dire ft ed to be issued at the exchequer, to the firs and (hie f cashier os the governor and company os the bank os England for the time being, by way os imprest, and upon account, for payment of the said annuities not exceeding eight thousand sour hundred and fifty pounds per annum; and it ivas thereby enafted, That the moracs which should be so contributed or advanced for or toivards the said sum, not exceeding one hundred sixty nine thousand pounds, should be a capital or joint stock, on ivhicb the annuities last 'men tioned fl)0uld be attending \ and the fame joint stock, and the proportional annuities attending the fame, were thereby made transferable and devisable in 1 Geo. t. (lat. the mariner thereby prescribed-, and in the aft last mentioned there is c'21* 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 respective contributors of the fame, or to. such person or persons as by, from or under them should be then entitledts the same annuities, after the rate of five pounds per centum pey

annum, annum, /# respeft 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 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, fioould also cease and determine: and whereas the contributions upon the clauses in the aft last mentioned for such annuities aforesaid, did amount to the said whole sum os one hundred sixty nine thousand pounds; and the annuities which were payable in rejpeft of the fame, did amount to the said yearly sum os eight thoujand sour hundred and fifty pounds, and since the making os the aft last in part before recited, as much of the said capital stock last mentioned, as amounted to one hundred thirty seven thoujand five hundred twenty fix pounds fix shillings and eight pence, and as many of the fame annuities at~ tending the fame flock as amounted to fix thousand eight hundred seventy fix pounds fix shillings and four pence per annum, have been subscribed into the capital fiock and fund of the South-Sea company, and as much of the said capital fiock os erne hundred sixty nine thousand pounds as amounted to thirty one 'thousand four hundred seventy three pounds thirteen shillings and four pence, and as many of the said annuities attending the fame as amounted to one thousand five hundred seventy three pounds, thirteen shillings and eight pence per annum, fiill remain transfers'able at the bank, and devisable as aforefiaid, and payable by the said cashier os the governor and company of the bank of England for the time being; now we your Majesty's most dutiful and loyal subjects, the commons of Great Britain in parliament assembled, being fully determined that the said annuities or sums, amounting to one hundred ninety one pounds four (hillings and three pence per annum, and one thousand five hundred seventy three pounds thirteen (hillings and eight pence per annum, severally payable after the rate of rive pounds per centum per annum as aforesaid, by the said cashier of the governor and company of the bank of England for the time being, shall be redeemed at the end of one year next after the feast of the annunciation of the blessed Virgin Alary\n the year of our Lord Annuities] one thousand seven hundred and twenty three, by paying to the ^Q^ei^of^l^16 said cashier for the time being, the said several sums of two hun- bank^&c*1C dred and three thousand eight hundred twenty four pounds rive when redeemshillings, and thirty one thousand four hundred seventy three able, &c. pounds thirteen shillings and four pence; and such arrears (if any) as lhall then be due upon the said annuities, amounting to ten thousand one hundred ninety one pounds four shillings and three pence per annum, and one thousand rive hundred seventy three pounds thirteen (hillings and eight pence per annum, for the use of such person and persons, body and bodies politick: and corporate, as lhall then be entitled to the fame, according to such interest as they respectively (hall then have therein, do most humbly pray your Majesty, That it may be enacted, and be it enacted by the King's most excellent majesty, by and yy'ltll the a4vjce and consent of the lords spiritual and temporal,

and commons in this present parliament assembled and by the authority of the same, That on or before the said feast of the annunciation of the blessed Virgin Mary in the year one thouS pecker of the ^anci ^even hundred and twenty three, the present, or then house of com- *Peaker of the house of commons, may give or leave notice in mons to noti- writing at the office of the governor and company of the bank: fy to'the bank, of England, That the honourable house of commons will, at the^timeofre ^ lea^ °^ tne annunciat*on tne blessed Virgin Mary one &c> thousand seven hundred and twenty four, redeem the said annuities amounting to one thousand rive hundred seventy three pounds thirteen shillings and eight pence per annum* Tins and for- Jj ^nd -lt [3 hereby enacted, That such notice so to be given S^ood^nd ° or anc* tne notice which the said speaker of the said house iufhcient, &c, of commons did, on the five and twentieth day of December one thousand seven hundred and twenty two, pursuant to an order of the same house, give or leave at the said office, for redeeming all such annuities, purchased after the rate of five pounds 1 Geo. 1. stat. per centum per annum, on the act first above recited^ as had not a. c. 19. h>een subscribed into the capital stock of the South-Sea company, shall, by force and virtue of this act, be and be deemed, adjudged and taken to be good and sufficient notice, within the true intent and meaning of the said several acts of the first year of his Majesty's reign, for redeeming as well the said annuities, amounting to ten thousand one hundred ninety one pounds four shillings and three pence per annum, as the said annuities amounting to one thousand rive hundred seventy three pounds thirteen shillings and eight pence per annum, at the said feast of the annunciation of the blessed Virgin Mary one thousand seven hundred and twenty four, and the same shall be redeemable accordingly ; any thing in the said acts of the first year of his Majesty's reign, or either of them, or any other act or acts of parliament contained to the contrary notwithstanding. • Gee, 1, c, 7. III. And ivhereas an ah of parliament ivas made and pajfed in the third year of your Majesty's reign, intituled, An act for redeeming the duties and revenues which were settled to pay off principal and interest on the orders made forth on four lottery-acts passed in the ninth and tenth years of her late Majesty's reign; and for redeeming certain annuities payable on orders out of the hereditary excise, according to a former act in that behalf; and for establishing a general yearly fund, not only for the future payment of annuities at several rates, to be payable and transferyable at the bank of England, and redeemable by parliament; but also to raise money for such proprietors of the said orders, as shall chuse to be paid their principal and arrears of interest in ready money; and for making good such other deficiencies and payments, as in this act are mentioned; and for taking off the duties on linseed imported and British linen exported, in and by which aft (among/I other things therein contained) a certain yearly sum, amounting to seven hundred twenty four thousand eight hundred forty nine pounds fix shillings and ten pence and one fifth part of a fenny per annum, from the feast of Saint Michael the archangel in

the the year of our Lord one thousand seven hundred and seventeen, by or cut os such duties weekly payments and other provisions as are therein mentioned, ivas settled and established to be a general yearly fund, for and towards the answering and paying such several and respective annuities and payments as were thereby charged or chargeable thereupon, in such manner as is therein mentioned: and whereas (amongfl other payments which were provided for by the fame acl) certain annuities, after the rate of five pounds per centum per annum, a??iounti?ig in the whole to four hundred seventy six thousand seven hundred seventeen pounds seventeen shillings and eight pence per annum, were pursuant to that acl charged upon the said general yearly fund, as well in lieu and discharge of several lottery-orders, made forth by several acls ofparliament of the ninth and tenth years of the reign of her late Majesty ghieen Anne, (of blessed memory) as also of certain orders or an- 9 Ann. c- 6. nual payments, which had been charged upon the hereditary excise, ^^s^'Cl *9* which annuities, amounting to four hundred seventy six thousand seven hundred seventeen pounds seventeen /hillings and eight pence per annum, so charged on the said general yearly fund by the said acl of the third year of your Majesty's reign, were thereby made likewise payable by the caflner of the governor and company of the bank ^England for the time beings and the proprietors thereof \ by virtue of the fame acl, were entitled in refpecl thereof, to a capital sum, amounting in the whole to nine millions five hundred thirty four thousand three hundred fifty seven pounds thirteen shillings and eleven pence three farthings, which was also transferrable at the bank of England, or devisable as in the fame acl was direcled: and whereas since the making of the [aid acl of the third year of your Majesty's reign, as much of the [aid ca- 3 eo' I,c* 7t pitalstock of nine millions five hundred thirty four thousand three hundred fifty seven pounds thirteen shillings and eleven pence three farthings, as amounted to eight millions three hundred tiventy nine thousand five hundred seventy one pounds ten fillings and seven pence, and as many of the said annuities attending the fame as amounted to four hundred and sixteen thousand four hundred seventy eight pounds eleven flnllings and sixpence 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 nine millions five hundred thirty four thousand three hundred fifty seven pounds thirteen Jhillings and eleven pence three farthings, as amounts to one million two hundred and four thousand seven hundred eighty fix pounds three flnllings and four pence three farthings, and as many of the said annuities attending the fame as amount to sixty thousand t wo hundred thirty nine pounds fix flnllings and two pence per annum, do still remain transferrable at the hank, and payable by the said caflner of the governor and company of the bank ^England for the time being ; which annuities, amounting to sixty thousand two hundred thirty nine pounds fix shillings aud two pence per annum, are nevertheless fubjecl to a provijo contained in the said acl os the third year of your Majesty s reign, whereby it is provided and enacled. That at any time upon notice to be given or left at the publick office of the governor and company of the bank <?/*Eng- 3 *' c* 7* land, at any of the quarterly feast-days therein mentioned, for payment of the said annuities, and upon repayment by parliament of their

B 4 respective

respective principal sums, for ivhich the said annuities should be payable by the said cashier of the bank of England for the time being, and zvhereupon the said respective annuities were to be computed by that ad, to such respective persons and corporations as Jkould be entitled to -the fame annuities, and also upon full payment and satisfaction of all arrears of the fame annuities, [if any such stould be then due) then, aud not till then, the fame annuities JhouJd cease and determine: and whereas the honourable Spencer Compton, esquire, speaker of the honourable house of commons, aid, on the twenty fifth day ^December one thousand seven hundred and twenty two, pursuant to an order of the said house, grounded upon a certain clause contained in the said 3 Geo, i. c 7* afj 0sthe third year of your Majfifs reign, give or leave notice in writing at the publick office of the said governor and company of the bank of England, for redeeming all such of the annuities payable by the a SI lajl mentioned, after the ra{e of five pounds per centum per annum, as have not been subscribed into the capital stock of the said South-Sea company: now we your Majesty's said dutiful and loyal iubjects, the commons of Great Britain in parliament assembled, being resolved to redeem the said annuities, amounting to sixty thousand two hundred thirty nine pounds fix shillings and two pence per nnnum, so remaining payable at the said rate of rive pounds per centum ter annum, by the said cashier of the governor and company of the bank of England, by paying to the said cashier of the governor and company of the bank of England, the said principal or capital sum of one million two hundred and four thousand seven hundred eighty fix pounds three (hillings and four pence three farthings (for payment whereof provision is herein after made by this act) to and for the use of such person and persons, body and bodies politick and corporate, as at the time of such payment made to the said cashier, shall be entitled to the same, according to such interests as they respectively ihall then have therein, and by payment of all arrears of the fame annuities due at or before the last preceding half-yearly feast-day (if any such (hall be due) and upon payment of such arrears as shall be computed by the day upon the fame annuities, from the end of such preceding half-yearly feast-day until the time of such payment of the principal to the said cashier as aforesaid, and being desirous thereby in some measure to ease the present burthen of the publick debts and incumbrances, do further humbly beseech your Majesty, that it may be enacted, and be it enacted by the authority aforesaid, That out of such monies as are or (hall be in the receipt of the exchequer, of the surpasses, excesses and overplus monies, commonly called the linking fund, arisen or to arise for the year ended at the feast 1 ^ of Saint Michael the archangel in the year of our Lord one *d4t7hreefar- thousand scven hundred and" twenty two, or Tor any time pretiiin^s, out of ceding the fame feast-day (such payments as have been directed the iTnking to be made at or before the fame feast-day, by authority of parsand for the j;arnent, out of the said surplusses, excesses and overplus monies, ^IiedVo always excepted and foreprized) there mall be issued and paid the payinent°of sum of two hundred and four thousand seven hundred eighty fix -l ^ pounds

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