other ufe, intent or purpose whatfoever; any former law, ftatute, provifion, appropriation or other matter or thing what- Officers of the foever to the contrary notwithstanding: and in cafe any the Exchequer officers or minifters of the Exchequer thall divert or mifapply mifapplying any of the monies of the faid rates, duties, revenues or incomes the money,&c. by this act appropriated for the uses and purposes hereby direct- forfeit their offices, &c. ed or appointed, or any of them, contrary to the purport and true meaning of this act, or fhall pay or iffue the fame, or any part thereof, otherwife than according to the intent of this act, and in the order hereby directed, or fhall not keep books or make entries, and do and perform all other things which by this act he or they are required to do and perform, every fuch officer and minifter fhall forfeit his office, and be rendred uncapable to serve his Majefty, his heirs or fucceffors, in any office or imployment of truft or profit whatfoever, and fhall alfo be liable to pay double the value of any fum or fums of money fo delayed to be paid, or fo diverted or mifapplied, with full cofts of fuit to thofe who fhall fuffer or be grieved thereby, to be recovered by action of debt, or upon the cafe, bill, fuit or information, in any of his Majesty's courts of record at Westminfter, wherein no effoin, protection, privilege, wager of law, or more than one imparlance fhall be granted or allowed.

ment, viz.

fhall

due grow on the yearly fum of

XIX. And be it further enacted by the authority aforefaid, Course of payThat all the monies by this act appropriated or mentioned to First to pay off be appropriated for the faid ufes and purpofes in this act ap- fo much as at pointed, fhall be iffued and applied in manner and form follow- 24 June 1718, ing, (that is to fay) in the firft place to pay off fo much as at or before the faid feaft of the nativity of Saint John Baptift in the year of our Lord one thousand seven hundred and eighteen 106,501 l. 135. fhall grow due or be in arrear to the faid governor and company, 5d. for or upon the faid former yearly fum of one hundred and fix thoufand five hundred and one pounds thirteen fhillings and five pence; and fo much as at or before the faid feaft of the and fo much birth of our Lord Chrift one thousand seven hundred and feven- as at Chriftmas teen fhall be due and demanded for the faid intereft, after the 1717, shall be rate of two pence per centum per diem; and so much as on or be- due for intereft fore the fame feaft day shall be due and in arrear on the faid for- at 2 d. per cent. per diem; and mer allowance of three pounds per centum per annum, and upon fo much as at the faid former yearly fums of forty five thousand pounds, and the fame feasteight thousand pounds; and after paying or referving fufficient day fhall be to pay fo much as at any time or times fhall be grown due for due forinterest or upon the faid former yearly fums, or demanded for the faid per ann. &c. interest of two pence per centum per diem as aforefaid, then to Then to pay and for the anfwering and difcharging fo-much as fhall, from fo much as time to time, be incurred and grown due for or upon the faid thall be grown annuities or fums of eighty eight thousand seven hundred fifty annuities, &c. one pounds feven thillings and ten pence halfpenny, one hun- payable to the dred thousand pounds, and feventy fix thoufand eight hundred bank weekly.. and thirty pounds and fifteen fhillings per annum, and the faid other annuity or annuities after the rate of five pounds per centum per annum, to the faid governor and company of the bank of England,

at 31. per cent.

due on the

England, and their fucceffors, or to their cashier, for their use, Iweekly, or as foon as the fame can be satisfied out of the monies of the faid rates, duties, revenues and incomes, or any of them, according to the tenor and true meaning of this act, fo as by fuch weekly or other payments the whole of the faid annuities or yearly fums to be paid to the faid governor and company, or their fucceffors, at the end of each quarter be not exceeded, and fo that upon every of the faid quarterly feaft days the whole then due thereupon feverally be completed, made up or fatisfied; and to and for the answering and difcharging per cent. per fuch demands as fhall be made of or for the faid growing intereft of one penny per centum per diem, according to the true intent and meaning of this act.

and the id.

diem.

Then to pay

the yearly fum of 120,000l. during his Majelty's life.

XX. And it is hereby enacted, That after paying or reserving fufficient to pay and fatisfy, from time to time, fo much as at any time or times is or fhall be grown due or demanded for or upon the faid former yearly fums and intereft of two pence per centum per diem as aforefaid; and for and upon the faid annuities or fums of eighty eight thoufand feven hundred and fifty one pounds feven fhillings and ten pence halfpenny per annum, one hundred thousand pounds per annum, and feventy fix thousand eight hundred and thirty pounds fifteen fhillings per annum ; and the faid other annuity or annuities after the rate of five pounds per centum per annum, and to answer fuch demands as thall be made of or for the faid growing intereft of one penny per centum per diem; then the faid yearly fum of one hundred and twenty thousand pounds, for the fervice of his Majesty's houfhold and family, and other his neceffary expences and occafions, and all arrears thereof, from time to time grown due, fhall be paid to his Majefty, during his Majesty's natural life as aforesaid, out of the monies by this act appropriated, or mentioned and intended to be appropriated for the ufes and purposes by this act appointed as aforefaid; and that the commiflioners of his Majefty's treasury, and the high treasurer and undertreafurer of the Exchequer for the time being thall and may, and they are hereby authorized and required to cause the said yearly fum of one hundred and twenty thousand pounds, or fuch arrears thereof, to be iffued and applied weekly, or as foon as the fame can be fatisfied, in the order and course beforementioned for that service, out of the monies arisen or to arise as aforefaid, fo as by fuch weekly or other payments the fum of thirty thousand pounds, to be due thereupon, at the end of each quarter, be not exceeded; and fo that upon every of the faid quarterly feaft days the whole then due thereupon (if the faid appropriated monies will extend thereunto) be completed, made up or fatisfied, according to the true meaning of this act.

Then theyear- XXI. And be it further enacted by the authority aforefaid, ly fum of 54, That after paying or referving fufficient to pay and fatisfy, from 6ool. is to be time to time, fo much as at any time or times is or shall be Let apart for grown due for or upon the faid former yearly fums, and for and

upon

upon the faid annuities or fums of eighty eight thousand feven perpetual anhundred fifty one pounds feven fhillings and ten pence half- nuities of 5 l. penny, one hundred thoufand pounds, and feventy fix thou- per cent. fand eight hundred and thirty pounds fifteen fhillings per annum, and the faid other annuity or annuities, after the rate of five pounds per centum per annum, and to anfwer fuch demands as hall be made of or for the faid intereft, at the respective rates aforefaid, and fo much as at any time or times is or shall be grown due for and upon the faid fum of one hundred and twenty thousand pounds per annum; then the faid fum of fifty four thousand fix hundred pounds per annum, and all arrears thereof (if any be) fhall, without any deduction or abatement, be feparated and fet apart in the faid receipt of the Exchequer, out of the monies by this act appropriated or mentioned to be appropriated as aforefaid, for the ufes and purposes in this act appointed; and fhall, from time to time, be iffued and applied to answer and fatisfy fuch perpetual annuities as are purchased thereupon, at the rate of five pounds per centum per annum, according to the true intent and meaning of fuch act or acts of parliament as are paffed in that behalf, fubject nevertheless to redemption by parliament, as is thereby prescribed.

XXII. And it is hereby declared to be the true intent and The prefermeaning of this act, That the faid arrearages of the faid former ences in point yearly fums, and the monies which fhall, from time to time, of payment. be due upon the faid annual fums of eighty eight thousand seven hundred fifty one pounds feven thillings and ten pence halfI penny, one hundred thousand pounds, and feventy fix thoufand eight hundred and thirty pounds fifteen fhillings per annum, and the faid other annuity or annuities, after the rate of five pounds per centum per annsm, and the monies neceffary to anfwer fuch demands of interest as aforefaid, shall from time to time take place and be preferred, in point of payment, before the fums which fhall grow due upon the faid yearly fum of one hundred and twenty thousand pounds; and that the faid yearly fum of one hundred and twenty thousand pounds fhall from time to time take place and be preferred, in point of payment, out of the fame, before the faid yearly fum of fifty four thousand fix hundred pounds; and that the faid yearly fum of fifty four thoufand fix hundred pounds thall, from time to time, take place and be preferred, in point of payment, before the applying any of the faid appropriated monies for or towards anfwering any the payments hereafter in and by this act charged or chargeable thereupon.

fund of

XXIII. Provided always, and it is hereby enacted by the Then the defiauthority aforesaid, That after paying or referving fufficient to ciencies of the pay and fatisfy, from time to time, fo much as at any time or bank'soriginal times is or fhall be grown due for or upon the faid former yearly 100,000l. per fums, and for or upon the faid annuities or fums of eighty eight annum to be thoufand feven hundred fifty one pounds feven thillings and ten made good. pence halfpenny, one hundred thousand pounds, and feventy fix thoufand eight hundred and thirty pounds £fteen fhillings VOL. XIII.

Bb

Per

per annum, and the faid other annuity or annuities, after the rate of five pounds per centum per annum, and the monies neceffary to answer fuch demands of intereft as aforefaid, and fo much as at any time or times is or fhall be grown due for or upon the faid fums of one hundred and twenty thousand pounds, and fifty four thousand fix hundred pounds per annum; then the deficiency and deficiencies for making good the payments to be, from time to time, incurred and grown due for or upon the original fund of one hundred thousand pounds per annum, payable to the faid governor and company out of the five feventh parts of certain rates or duties of excife, by virtue of feveral acts of parliament in that behalf (when and as often as any fuch fhall happen) fhall, from time to time, be fatisfied and answered out of the monies by this act appropriated as aforefaid; and from and after paying or referving fufficient to pay and fatisfy, from time to time, fo much as at any time or times is or fhall be grown due for or upon the faid former yearly fums, and for or upon the faid annuities or fums of eighty eight thousand seven hundred and fifty one pounds feven thillings and ten pence halfpenny, one hundred thousand pounds, and seventy fix thousand eight hundred and thirty pounds fifteen fhillings per annum, and the faid other annuity or annuities, after the rate of five pounds per centum per annum, and the monies necessary to answer fuch demands of interest as aforesaid, and so much as at any time or times is or fhall be grown due for or upon the faid fums of one hundred and twenty thousand pounds, and fifty four thoufand fix hundred pounds per annum; Then to pay and to make good fuch deficiencies of the faid original fund of 4000l. per an- one hundred thousand pounds per annum (if any fuch be) as anum to theriffs, forefaid; then the yearly fum of four thousand pounds thall be for taking forth their pa. fet apart in the Exchequer, and iffued from time to time to the tents, paffing refpective sheriffs of England and Wales, for defraying the chartheir accounts, ges of taking forth the letters patents for their refpective offices, and paffing their respective accounts, and obtaining their Quietus's, according to fuch other act as is or fhall be paffed in this feffion of parliament in that behalf.

&c.

parliament. See 5 Geo. 1. c. 3. fect. 1.

The furplus of XXIV. And it is hereby declared and enacted by the authoevery quarter rity aforefaid, That the excefs or furplus, which at the end of difpofeable by every or any quarter of a year (reckoning the quarters to end at the ufual feafts above-mentioned) fhall and may be produced by the said several rates, duties, revenues and incomes hereby appropriated or mentioned to be appropriated as aforesaid, and fhall remain in the Exchequer over and above the money then due or demandable for or upon the feveral annuities, allowances and other payments before-mentioned, or any arrears of the fame, fhall attend the difpofition of parliament, and be applied according to act or acts of parliament in that behalf, and not otherwife; any thing in this act contained to the contrary notwithstanding.

The deficiency XXV. Provided always, and it is hereby enacted, That in of any quarter cafe the produce of the faid feveral rates, duties, revenues and

6

incomes

incomes hereby appropriated, as aforefaid, at the end of any to be made quarter of a year after the feaft of the annunciation of the blef- good out of the overplus fed Virgin Mary one thoufand feven hundred and feventeen, to be produced thall be deficient to answer and pay fo much as fhall be then in any fubfedue for or upon the faid former yearly fums, which are to con- quent quarter. tinue till the respective times aforefaid, and for or upon the faid annuities or fums of eighty eight thoufand feven hundred fifty one pounds feven fhillings and ten pence halfpenny, one hundred thousand pounds, and feventy fix thousand eight hundred and thirty pounds and fifteen fhillings per annum, and the faid other annuity or annuities, after the rate of five pounds per centum per annum, and the monies neceffary to answer fuch demands of intereft as aforefaid, and fo much as fhall be then grown due for or upon the faid fums of one hundred and twenty thousand pounds, and fifty four thousand fix hundred pounds per annum, and fo much as is to make good the faid deficiency (if any be) of the faid original fund; then, and so often, and in every fuch cafe, every fuch deficiency of the faid duties and revenues fhall and may be made good out of the produce of all thofe rates, duties, revenues and incomes, in any fubfequent quarter or quarters wherein there fhall be an overplus for or towards answering the fame; any thing in this act contained to the contrary notwithstanding.

XXVI. Provided alfo, and it is hereby enacted, That in The deficiencies at the cafe the produce of the said several rates, duties, revenues and year's end to incomes hereby appropriated as aforefaid, fhall at any time or be made good times appear to be fo deficient, that within any one year by parliament, (reckoning each year to end at Michaelmas yearly) the fame thall not be fufficient to answer and pay so much as thall be then due for or upon the faid former yearly fums, which are to continue till the refpective times before limited, and for and upon the faid annuities or fums of eighty eight thousand feven hundred fifty one pounds feven fhillings and ten pence halfpenny, one hundred thousand pounds, feventy fix thoufand eight hundred and thirty pounds fifteen fhillings per annum, and the faid other annuity or annuities, after the rate of five pounds per centum per annum, and the monies neceffary to anfwer fuch demands of interest as aforefaid, and fo much as fhall be then grown due for or upon the faid fums of one hundred twenty thousand pounds, and fifty four thousand fix hundred pounds per annum, and fo much as is to make good the faid deficiency (if any then be) of the faid original fund, and fo much as fhall be then due upon the faid yearly fum of four thousand pounds, according to this act; then, and in every such case, and as often as any fuch deficiency of the faid rates, duties, revenues and incomes fhall happen, the fame fhall be provided for, anfwered and made good by and out of the then next aids to be granted in parliament.

XXVII. And it is hereby further enacted, That the com- Treafury to miffioners of the treafury, or any three or more of them, or impreft to per the high treasurer for the time being, thall, and he and they rity, the ne

Bb 2

are

fons, on fecu