Anno Regni GEORGII II. Regis Magnae Britanniae, Franciae & Hiberniae, vicesimo quarto.
'AT the Parliament begun and holden at Westminster the tenth Day of November, Anno Domini one thousand seven hundred and forty-seven, in the twenty-first Year of the Reign of our Sovereign Lord GEORGE the Second, by the Grace of God, of Great Britain, France and Ireland, King, Defender of the Faith, i£c. and from thence continued by several Prorogations to the seven- teenth Day of January one thousand seven hundred and fifty. Being the fourth Session of this present Parliament.'
CAP. I. An Act for continuing and granting to his Majefiy certain Duties upon Malt, Mum, Cyder and Perry, for the Service of the Year one thoufand feven hundred and fifty-one. EXP. CAP. II, An A6t for granting to his Majefty the Sum of two millions one hundred thoufand Pounds, to be raifed by Annuities and a Lottery, and charged on the Sinling Fund, redeemable by- Parliament. MOST Gracious Sovereign ; We your Majefty's mofl: dutiful and loyal Subjefls, the Commons of Great Britain in Parliament aflembled, being defirous to raife the neceffary Supplies which we have chearfuUy granted to your R^ajefty in the eafiefl manner we are able for the Benefit of your Subjefls, have freely and voluntarily given and granted, and by this Aft do give and grant unto your Majefty the Sum of two millions one hundred thoufand Pounds, to be raifed in fuch Manner and Form as is herein after di- rected ; and to that End and Purpofe do moft humbly befeech your Majefty that it may be ena£ted , and be it enafced by the King's moft Excellent Majefty, by and with the Advice and Confent of the Lords . Spiritual and Temporal, and Commons, in this prefent Parliament affembled, and by the Authority of the fame, That the Annuities v/hich by this Aft fhall be granted and made payable in refpeiSt of the faid principal Sum of two millions one hundred thoufand Pounds, until Redemption thereof by Parliament, Annuities on in manner herein after mentioned, fliall be charged and chargeable upon, and payable out of the Monies which fliall -from Time to Time arife and be remaining in the Receipt of his Majefty's Exchequer of oi'be^aM°b th^is . for the Surplufles, Exceffes or Overplus Monies, commonly called the Sinkifig Fund ; and the faid Sur-Aa, chai/ed'^n pluffes, Exceffes or Overplus Monies are hereby appropriated for that Purpofe accordingly. the Sinking Fund, IL And for or towards raifing the faid Sum or Sums of Money not exceeding in the whole the faid Sum Natives or Fo- of two millions one hundred thoufand Pounds for the Purpofes aforefaid, it is hereby further, enafled by thef'^'E"'=" ""v Authority aforefaid, That it flaall and may be lawful to and for any Perfon or Perfons, Natives or Fo- P;Y(},'°rot- J^he reigners. Bodies Politick or Corporate, to contribute, advance and pay unto the Firft or Chief Cafhier or so„ti-,.sca Calhiers of the Governor and Company of Merchants oi Great Britain trading to tht South-Stas, and Company, other Parts of T^We'rm?, and for encouraging the Fifhery, commonly called the South-Sea Company, at ovScefankcr c.u. before the rel'peiSlive Days and Times by this Aft limited in that Behalf, any Sum or Sums of Money "'"^^^ not exceeding one million four hundred thoufand Pounds, in part of the faid whole Sum of two millions!^' 'oooool. one hundred thoufand Pounds, for the abfolute Purchafe of any certain Annuity or Annuities, to com- for the PuiAafe mence from the feveral and refpe£tive Times herein after appointed for the Payment of the feveral and re- of Annuities, fpedtive Sums by them fubfcribed or contributed, and to be paid and payable to fuch Contributor or Contri- butors, or fuch as he, fhe or they fhall nominate, his, her or their Executors, Admin iftrators, SuccelTors and Affigns refpc£tively, in manner herein after mentioned, fo as fuch Cafliier or Cafliiers do firft give Se- curity to the good liking of any three or more of the Commiffioners of the Treafury novi' being, or the High Treafurer, or Commiffioners of the Treafury for the Time being, for duly anfwering and paying into the Receipt of his Majefty's Exchequer, for tlie publick Ufe, the Monies fo to be advanced and con- tributed, and to account duly for the fame ; which Annuities before-mentioned fhall be computed at the Rate of three Pounds per Annimi for every one hundred Pounds, and proportionably for any greater or^j the Rate of 'lefs Sum fo to be advanced and paid ; and the Purchafe-money for every fuch Annuity at the Rate afore- 3 1. per Cent. faid, is hereby appointed to be paid unto the faid Cafhier or Cafliiers as aforefaid, at or before the refpec- per Ann. tive Days and Times herein after limited ; that is to fay, ten Pounds per Centum Part thereof by way of ^j^^j-f^j-pgy. Depofit, on or be'ore the fifteenth Day of March in the Year of our Lord one thoufand feven hundred ment. and fifty ; fifteen Pounds per Centum, other Part thereof, on or before the fifteenth Day of May one thou- fand feven hundred and fifty-one then next enfuing ; fifteen Pounds per Centum, other Part thereof, on or
before the feventeenth Day of ^June then next enfuing ; twenty-five Pounds per Centum, other Part thereoi.