in the Pro the Times II. And be it further enacted, That the said Commissioners 12,500,000l. to shall, and they are hereby authorized and required, out of the be paid by the Monies which shall be issued and carried to their Account at the Commissioners Bank of England, after the passing of this Act, to order and direct their Agent or Agents, or proper Officers, to pay into the portions and at Receipt of His Majesty's Exchequer at Westminster, on account herein menof the Sum of Twelve millions five hundred thousand Pounds, tioned. Part of the said Loan of Thirteen Millions so agreed to be subscribed and advanced by the said Commissioners, the Sum of Two millions seven hundred thousand Pounds within the Quarter of the Year ending on the Tenth Day of October One thousand eight hundred and twenty one, the Sum of Three millions seven hundred thousand Pounds within the Quarter of the Year ending on the Fifth Day of January One thousand eight hundred and twenty two, the Sum of Two millions six hundred thousand Pounds within the Quarter of the Year ending on the Fifth Day of April One thousand eight hundred and twenty two, and the Sum of Three millions five hundred thousand Pounds within the Quarter of the Year ending on the Fifth Day of July One thousand eight hundred and twenty two, in such Proportions, and at such Times in each of such respective Quarters, as the Lord High Treasurer of the United Kingdom of Great Britain and Ireland, or the Commissioners of His Majesty's Treasury of the United Kingdom of Great Britain and Ireland, or any Three or more of them for the time being, shall order and direct: Provided always, that no larger Sum in each Quarter than is before specified, and no further Sum in the Whole than Twelve Millions five hundred thousand Pounds, shall be so paid and advanced by the said Commissioners out of the Monies in the Bank of England on account of the said Commissioners. 1001. in the 3 so advanced to pér Cent. Re-, duced, and Consols. III. And be it further enacted, That for every One hundred Commissioners Pounds of the said Sum of Twelve millions five hundred thousand entitled for Pounds so paid, advanced and contributed by the said Commis- every 1001. sioners as aforesaid, the said Commissioners shall be entitled to the Principal Sum of One hundred Pounds in Annuities after thẻ Rate of Three Pounds per Centum, transferrable at the Bank of England, to commence from the Fifth Day of April One thousand eight hundred and twenty one, and to be added to and made One Joint Stock with certain Annuities after the Rate of Three Pounds per Centum, which were reduced from Four Pounds to Three Pounds per Centum by an Act made in the Twenty third Year of 23 G. 2. c.16. the Reign of His late Majesty King George the Second, and to be payable and transferrable at the Bank of England at the same Time and in the same Manner, and subject to the like Redemption, as the said Three Pounds per Centum Reduced Annuities; and to the further Principal Sum of Thirty Pounds Seven Shillings and Sixpence in Annuities, transferrable at the Bank of England, after the Rate of Three Pounds per Centum, to commence from the Fifth Day of July One thousand eight hundred and twenty one, and to be added to and made One Joint Stock with the Three Pounds per Centum Annuities consolidated by the Acts of the Twenty fifth, Twenty eighth, Twenty ninth, Thirty second and Thirty third Years of the Reign of His late Majesty King George the Second, and by several subsequent Acts, and to be payable and trans R 2 ferrable 25 G. 2. c. 27. 28 G. 2. c. 15. 29 G. 2. c. 7. 32 G. 2. c. 10. 33 G. 2. c. 7. 82 G. 3. c. 55. 53 G. 3. c. 35. When the above Sum is cates as herein at the Bank of cates the Stock is to be placed to the Credit of the Commissioners. such Certifi ferrable at the Bank of England at the same Time and in the same Manner, and subject to the like Redemption, as the said Three Pounds per Centum Consolidated Annuities; which said respective Annuities shall be made Capital Stock in the Names of the said Commissioners; and the Dividends payable thereon shall be charged and chargeable upon, and payable out of the Consolidated Fund of the United Kingdom of Great Britain and Ireland, or any other Duties and Revenues which shall be appropriated for that Purpose by any Act or Acts of this present Session of Parliament; and such Capital Stock, and the Annuities arising therefrom, shall be deemed Part of the Stock and Annuities applicable by the said Commissioners to the Purposes of the Sinking Fund, and Annual Sums shall be issued as a Sinking Fund for the Redemption thereof, according to the Provisions of an Act passed in the Thirty second Year of the Reign of His late Majesty King George the Third, intituled An Act to render more effectual an Act made in the Twenty sixth Year of His present Majesty's Reign, intituled · An Act for vesting certain Sums in Commissioners at the End of every Quarter of a Year, to be by them applied to the Reduction of the National • Debt;' and to direct the Application of an additional Sum to the Reduction of the said Debt in case of future Loans; and of another Act passed in the Fifty third Year of the Reign of His late Majesty, intituled An Act to alter and amend several Acts passed in His present Majesty's Reign, relating to the Redemption of the National Debt, and for making further Provision in respect thereof. per IV. And be it further enacted, That when the whole of the said Sum of Twelve millions five hundred thousand Pounds, authorized to be raised by virtue of this Act, shall have been paid into the Exchequer at Westminster, by or on Behalf of the said Commissioners for the Reduction of the National Debt, the Auditor of the Exchequer shall grant a Certificate stating that the said Sum has been so paid, in which Certificate the Amount of the Three Pounds per Centum Consolidated and Reduced Annuities to which the Commissioners, upon Payment of the said Sum of Twelve millions five hundred thousand Pounds, will become entitled, shall be specified; and upon the Production and Deposit of the said Certificate with the Accountant General of the Bank of England, the Governor and Company of the said Bank shall thereupon cause the Amount of the Three Pounds Centum Consolidated and Reduced Bank Annuities, specified therein, to be written and entered to the Credit of the Account of the said Commissioners in the Books kept by the said Governor and Company for entering the Accounts of the said respective Annuities; and the said Commissioners shall, after the Production and Deposit of the said Certificate at the said Bank, be entitled, at the next Half Yearly Period for the Payment of the Dividends upon the Three Pounds per Centum Consolidated and Reduced Annuities respectively, which shall ensue after the full Payment of the said Sum of Twelve millions five hundred thousand Pounds, to receive the Dividends upon the Amount of the said Three Pounds Cenper tum Consolidated and Reduced Annuities, which shall then have been entered to the Credit of the Account of the said Commissioners, from the Periods when such Dividends are directed to commence by this Act. rency to be paid by said into the ExCommissioners and at the Times herein V. And be it further enacted, That it shall and may be lawful 500,000l. for the said Commissioners for the Reduction of the National British CurDebt of the United Kingdom, and they are hereby authoized and required, out of any Monies which shall be issued and carried to their Account at the Bank of Ireland, after the passing of this Act, to order and direct their Agent or Agents, or proper Officer chequer in Ireor Officers, to pay into the Receipt of His Majesty's Exchequer land, in the at Dublin, on account of the Sum of Five hundred thousand Proportions Pounds British Currency, being Five hundred forty one thousand six hundred sixty six Pounds Thirteen Shillings and Four Pence mentioned. Irish Currency, Part of the said Loan of Thirteen Millions so agreed to be subscribed and advanced by the said Commissioners, the several Sums following, at the Times and in Manner hereinafter mentioned; that is to say, the Sum of One hundred and Fifty three thousand Pounds Irish Currency, within the Quarter of the Year ending on the Tenth Day of October One thousand eight hundred and twenty one, the Sum of Thirty six thousand Pounds Irish Currency within the Quarter of the Year ending on the Fifth Day of January One thousand eight hundred and twenty two, the Sum of One hundred and sixty two thousand Pounds Irish Currency within the Quarter of the Year ending on the Fifth Day of April One thousand eight hundred and twenty two, the Sum of Thirty one thousand Pounds Irish Currency within the Quarter of the Year ending on the Fifth Day of July One thousand eight hundred and twenty two, and the Sum of One hundred and fifty nine thousand six hundred sixty six Pounds Thirteen Shillings and Four Pence Irish Currency within the Quarter of the Year ending on the Tenth Day of October One thousand eight hundred and twenty two, in such Proportions, and at such Times in each of such respective Quarters, as the Lord High Treasurer of the United Kingdom of Great Britain and Ireland, or the Commissioners of His Majesty's Treasury of the United Kingdom of Great Britain and Ireland, or any Three or more of them for the Time being, shall order and direct: Provided always, that no larger Sum in each Quarter than is before specified, and no further Sum in the whole than Five hundred forty one thousand six hundred sixty six Pounds Thirteen Shillings and Four Pence Irish Currency, being Five hundred thousand Pounds British Currency, shall be so paid and advanced by the said Commissioners out of the Monies in the Bank of Ireland on account of the said Commissioners. so advanced to VI. And be it further enacted, That for every One hundred Commissioners Pounds British Currency, being One hundred and eight Pounds to be entitled Six Shillings and Eight Pence Irish Currency, so paid, advanced, for every 1001. and contributed by the said Commissioners as aforesaid, the said 1291.3s. 2d. Commissioners shall be entitled to the Principal Sum of One hun- in the 31. 10s. dred and twenty nine Pounds Three Shillings and Two Pence, in per Cents. Annuities after the Rate of Three Pounds and Ten Shillings per Centum, transferrable at the Bank of Ireland, to commence from the Fifth Day of July One thousand eight hundred and twenty one, and to be added to and made one joint Stock with the Capital of the Annuities and Debentures, after the Rate of Three Pounds and Ten Shillings per Centum, transferrable at the Bank of Ireland, and to be payable and transferrable at the Bank of Ireland at the same Time, and in the same Manner, and subject When the last on account of the Loan shall be paid, the Auditor to grant Certificates as herein mentioned; on Production at the Bank of such Certifi cates, the Stock is to be placed to the Credit of the Commissioners. to the like Redemption, as the said Three Pounds and Ten Shillings per Centum Annuities and Debentures transferrable at the Bank of Ireland; and the said Annuities shall be made Capital Stock in the Names of the said Commissioners, and the Dividends payable thereon shall be charged and chargeable upon and payable out of the Consolidated Fund of the United Kingdom of Great Britain and Ireland, or any other Duties and Revenues which shall be appropriated for that Purpose by any Act or Acts of this present Session of Parliament; and such Capital Stock, and the Annuities arising therefrom, shall be deemed Part of the Stock and Annuities applicable in Ireland, by the said Commissioners, to the Purposes of the Sinking Fund; and annual Sums shall be issued as a Sinking Fund for the Redemption thereof, according to the Provisions contained in any Act or Acts in force for that Purpose. VII. And be it further enacted, That when the Whole of the mentioned Sum said Sum of Five hundred forty one thousand six hundred sixty six Pounds Thirteen Shillings and Four Pence Irish Currency, so authorized to be raised in pursuance of this Act, shall have been paid into the Receipt of the Exchequer at Dublin, by or on Behalf of the said Commissioners for the Reduction of the National Debt, the Auditor General of the said Exchequer, or the Loan Clerk there, shall grant a Certificate stating that the said Sum has been so paid, in which Certificate the Amount of the Three Pounds and Ten Shillings per Centum Annuities, to which the said Commissioners will become entitled upon Payment of the Whole of the said Sum, shall be specified; and upon the Production and Deposit of the said Certificate with the Accountant General of the Bank of Ireland, the Governor and Company of the said Bank shall thereupon cause the Amount of the Three Pounds and Ten Shillings per Centum Annuities specified therein to be written and entered to the Credit of the Account of the said Commissioners, in the Books kept by the said Governor and Company for entering the Accounts of the said Three Pounds and Ten Shillings per Centum Annuities; and the said Commissioners shall, after the Production and Deposit of the said Certificate at the said Bank, be entitled at the next Half Yearly Period for the Payment of the Dividends upon the said Three Pounds and Ten Shillings per Centum Annuities, which shall ensue after the full Payment of the said Sum of Five hundred forty one thousand six hundred sixty six Pounds Thirteen Shillings and Four Pence Irish Currency, to receive the Dividends upon the Amount of the said Three Pounds and Ten Shillings per Centum Annuities which shall then have been entered to the Credit or Account of the said Commissioners from the said Fifth Day of July One thousand eight hundred and twenty one, from which Period such Dividends are directed to commence by this Act. Treasury may as shall have VIII. And be it further enacted, That it shall and may be lawissue the Money. ful for any Three or more of the Commissioners of the Treasury to such Services of the United Kingdom of Great Britain and Ireland, or the Lord High Treasurer of the said United Kingdom for the time being, to issue and apply from time to time all such Sums of Money as shall be paid under this Act into the Receipt of His Majesty's Exchequer at Westminster and Dublin as aforesaid, to been voted. such such Services as shall have been voted by the Commons of the United Kingdom of Great Britain and Ireland in this present Session of Parliament. IX. And be it further enacted, That it shall and may be lawful for the Governor and Company of the Bank of England, and the Governor and Company of the Bank of Ireland, respectively, to advance or lend to His Majesty, at the Receipt of His Majesty's Exchequer at Westminster, or at the Receipt of His Majesty's Exchequer in Dublin, upon the Credit of the several Sums to be subscribed and advanced by the Commissioners for the Reduction of the National Debt in pursuance of this Act, any Sum or Sums of Money not exceeding in the Whole the Amount of Thirteen Millions British Currency, any Act or Acts to the contrary notwithstanding; so that no greater or higher Sum, by way of Interest, Discount, Gratuity or other Consideration, shall be demanded or taken by such or any of the said Governors and Companies respectively, or by any Person on their Behalf, than at the Rate of Four Pounds per Centum per Annum for any Money so advanced. CA P. LXXI. An Act for raising the Sum of Twenty nine Millions by Ex- CA P. LXXII. An Act to establish an Agreement with the Governor and W of Ireland. • Most Gracious Sovereign, HEREAS the Governor and Company of the Bank of Recital of Ireland are willing and have proposed to advance the Agreement Sum of Five hundred thousand Pounds Irish Currency, for the with the Bank Public Service, in the Manner and upon the Terms and Condi<tions hereinafter mentioned, upon the said Governor and Company being authorized and empowered by Parliament to increase their Capital Stock, which now consists of Two millions five • hundred thousand Pounds, to Three Millions, and that the proposed Increase of Five hundred thousand Pounds may be appropriated amongst the Proprietors of the Capital Stock of the • Bank of Ireland, at the Rate of Twenty Pounds for every One ‹ hundred Pounds of such Capital Stock which they respectively shall hold on the Twenty fourth Day of June One thousand eight hundred and twenty one; and until Repayment to the said 'Governor and Company of the Bank of Ireland of the said Sum of Five hundred thousand Pounds, upon the Promissory Notes of the said Governor and Company, expressed to be payable to R 4 Bearer |