A. D. 1713. Anno duodecimo An N^ Reginje. Stat. 2. 617 ' and for encouraging the Fifhery (not being abfolutely fold, applied or difpofed for feme of the publick lo -^"i- >:■ '9» ' Ufes in thiit Act mentioned) from Time to Time, by any Warrant or Warrants in Writing from the§^5' ' High Treafurer of Great Britain tlien being, or the High Trcafurer of Great Britain, or any three or ' more ot the Commiffioners of the Treafury tor the Time being, (and not otherwifcj to borrow any Sum ' or Sums of Money, from any Perfon or Perfons, Natives or Foreigners, Bodies Politick or Corporate,
- who were or fhould be willing to advance or lend the Aime upon Credit of the faid publick Stock, or any
- Fart thereof, and to allow Interefl, not exceedii-g the Rate of fix 'PounAs per Cent, per Ann. for the For-
' bcarance thereof, as is therein mentioned, and i<' affign, mortgage, and transfer i'uch refpective Shares of ' the faid Stock, whereupon fuch Sums of Money fliouid be agreed to be fo lent, to the refpeclive Lenders ' thereof or fuch as they feverally and refpe<fi;i ely fiiould appoint, and to their Executors, Admini- ' fl:rators, Succeflbrs and Affigns refpeilively, upon fuch Conditions of Redemption, and under fuch ' Agreements for the Sale of the Stock fo mortgaged, for making Default in the Repayment of the Money ' to be borrowed thereupon, Or for Non-payment of the Intereft thereof, and fubjedl to fuch other Con- ' ditions, and in fuch Manner and Form as in fuch Warrant and Warrants refpeftively fiiould be prefcribed ' in that Behalf; and that all the Money which fhould be borrowed upon Credit of fuch Stock, as afore- ' faid, fhould be applied and difpofed by the faid Treafurers, Paymafters, or others refpe£lively chargeable ' therewith, to fuch publick Ufes yhereunto the faid Stock fo to be mortgaged would have been appRcable ' by or in Purfuance of another ASt in the faid recited ASt mentioned, if no fuch Mortgage, Aflignment ' or Transfer had been made, and to no other Uie, Intent or Purpofe whatfoever ; and that the faid Trea- ' furers, Paymafters and other CJfScers, borrowing the faid Monies, fhould be anfwerable for the Applica- ' tion thereof accordingly ; and that the faid Company fhould not be refponfible for permitting the Stock ' to be fo transferred, as if the fame were unduly transferred ; and that the Lenders of fuch Money fliould ' not be chargeable with the Application thereof to the faid Ufes, as by the faid ASt of the tenth Year of lo Ann. c. i^i ' her Majefty's Reign may more fully appear : And whereas fome Doubt hath been made, whether the ' Governor and Company of the Bank of England (with Regard to certain Reftriftions contained in former ' Afls of Parliament) might lawfully lend Money upon Credit of the faid publick Stock, purfuant to the
- faid A£l in that Behalf:' For obviating of which Doubt, it is declared and enafted by this prefent Acl:,
That it fhall and may be lawful, as well to and for the Governor and Company of the Bank of England, as to and for any other Perfon or Perfons, Natives and Foreigners, Bodies Politick or Corporate, to ad- vance and lend fuch Sum and Sums of Money, as they, or any of them, fliall think fit, to the faid Trea- furers, Paymafters and others, or any of them, upon Credit of the publick Stock before mentioned, or any Part thereof, at iuch Inlereft, and upon fuch Affignments, Mortgages or Transfers, fubje£t to fuch Con- ditions of Redemption, and with fuch Agreements for felling the Stock fo mortgaged, in Cafe of Non- payment of the Principal or Interefl, and in all other Refpects according to the Forms prefcribed in the faid recited Aft of Parliament in that Behalf; any former Adt or Acts of Parliament, or any Reftriilions, Pro- ioA"n, c. 19, hibitions. Penalties, Forfeitures, Claufes, Matters or. Things therein contained to the contrary in any ^ Z. ^T ■ -•1/11' ftOJiS fEj'pCi.t 171^ Wile notwithltanding. ivn^, 3 Geo. 1. c.%. llGco.l.c.g, iGco. i.Jiat.i. c.%, 2 Geo. 2. c, j. 11 Cfo. 2. c. 27. l^Ceo.z. c. !■}, Mj Ceo, 2, f. S. 24 Cio. 2. f- 41 e A P. IV. An A£t for the better regulating the Forces to be continued in her Majefty's Service, and for the Payment of the faid Forces, and of their Quarters. E X P. CAP. V. An Aft for taking away the new additional Duty of thirty Pounds per Centum ad Vakrem^ impoled upon all Books and Prints imporred into Great Britain, by an A&. made in the tench Year of the Reign of h;r prefent Majefty Queen Anne. WHEREAS by divers A£ts of Parliament heretofore made, feveral Duties have been laid upori all lo Annsjcij, Books and Prints imported into Great Britain : And whereas by an Adt made in the tenth Year of ^'^' 33- ' the Reign of her prefent Majefty Queen Anne, a further Duty of thnvif ^ounis. per Centum ad Valorem, ' was laid upon all Books and Prints imported into Grra; ^r/Vs/n; which faid Additional Duty of thirty. ' Pounds per Centum has been i'bund, by Experience, to have tended very much to the Difcouragement of ' Learning, and to have been prejudicial to the other Duties formerly laid :' Be- it therefore enacted by the After 24 Jur= Queen's nioft Excellent Majefty, by and' with the Advice and Confent of the Lords Spiritual and Terji- 'JH- *e Duty poral and Commons, in this prefent Parliament affembled, and by the Authority of the fame. That from °* '^°^'^^ and after the four and twentieth Day of yzOTi? one thoufand feven hundred and fourteen, the faid ^^^Y o^ mtm^uiion ' thirty Pounds per Centum ad Valorem fhall not be charged, levied, or collected upon any Books or Pririts Books and . m-poxtt& mto Great Britain, but the faid Duty is hereby abfolutely difcharged and taken away; and the Prints imported' faid A6t, fo far only as it relates to the faid Duty of thirty Pounds ^^r Centum ad Valorem, fhall be and is ^y lo Anna?,, hereby abfolutely repealed. c. ig. taken Vol. IV. 4 K CAP.
