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Statute |
Page |
Established. |
7&8 W. III. c. 31. §10. |
132 |
The King, by Commission under the Great Seal, may appoint Persons to take Subscriptions for raising £2,564,000 as herein mentioned, and the said Yearly Sum of £179,480, applied to the Use of Subscribers. |
Ib. |
Ib. |
Treasury to direct their Warrant Yearly for the Payment of the said Yearly Sum of £179,480, and the Exchequer to issue the same without Fee. |
§11. |
Ib. |
The King, by Letters Patent, may incorporate Subscribers by the Name of the Governor of the National Land Bank, who may sue and be sued, &c. and make Bye-Laws. |
§ 12. |
Ib. |
Proviso if the said £2,564,000, not subscribed before 1st Jan. 1696. |
§13. |
Ib. |
After Incorporation, the said Yearly Sum of £179,480, or a proportionable Part thereof, to be paid to the said Bank and their Successors. |
§14. |
Ib. |
Stock and Interest, Personal Estate. |
§15. |
133 |
If the said £2,564,000, not subscribed before 1st August 1696, Power for creating Corporation to cease, and the said Yearly Sum of £179,480 transferrable by Subscribers as herein mentioned. |
§16. |
Ib. |
Subscriber to pay One-fourth at Time of Subscription, and forfeited on Nonpayment of Residue. |
§17. |
Ib. |
Persons interested as herein mentioned, not to have Interest or Office in Corporation—Penalty. |
§18. |
Ib. |
Company or any Members purchasing Lands or Revenues of the Crown, or advancing Money to the Crown on the Revenues, otherwise than as herein mentioned—Penalty. |
7&8 W. III. c. 31.§19. |
133 |
Corporation not to deal, or suffer Dealings with the Stock—Penalty. |
§20. |
Ib. |
Proviso for Sale of Goods being the Produce of Land purchased by Corporation. |
§21. |
Ib. |
Fines and Issues against Corporation not pardoned by Privy Seal, &c. |
§22. |
134 |
The said yearly Sum liable in the Exchequer for Estreats of Fines, &c. on Nonappearance. |
Ib. |
Ib. |
The said yearly Sum not a Fund for Payment of further Bills of Credit or other Monies, save as herein mentioned. |
Ib. |
Ib. |
Monies payable by this Act Tax-free. |
Ib. |
Ib. |
Upon One Year's Notice, and Repayment of the said £2,564,000, and Arrear of the said yearly Sum, Corporation, &c. to cease as herein mentioned. |
§24. |
Ib. |
Redemption of the said Fund, or Default of Corporation, nor Judgment against the same, construed a Forfeiture of Estate of Corporation. |
§25. |
Ib. |
Stat. 5 & 6 W. & M. c. 20. § 1. –6 & 7 W. & M. c. 18. § 12., continued as to Duties on Tonnage, Coals, and Culm, until 17th May 1696. |
§26. |
Ib. |
The several Sums of £560,000, £140,000, and £140,000, out of the Monies of this Act, appropriated for certain Payments herein mentioned. |
§ 27. |
135 |
Stat. I W. & M. Sess. 2. c. 1. applied for the due Application of Monies hereby appropriated. |
7 &8 W. III. c. 31. §28. |
135. |
Company to lend £500,000 per Annum on sufficient Land Securities, at Interest. |
§29. |
Ib. |
Conveyances of such Lands, or a Note thereof, to be registered by Corporation. |
§30. |
Ib. |
How such Lands transferrable and chargeable by Owners. |
Ib. |
Ib. |
Bills of Credit by Company on taking Conveyance of Land, to be a Charge on Lands, &c. of the said Corporation, and render them liable to Action of Debt. |
§31. |
Ib. |
In case the Company cannot deliver such Bills of Credit to Owner, repaying Money lent—Proceedings. |
§32. |
Ib. |
How Lands discharged and redeemed. |
Ib. |
136 |
Proviso where Company charge such Lands with greater Sums of Money than they have lent thereon—Penalty. |
§33. |
Ib. |
Bearer of Company's Bills may have Action of Debt. |
§34. |
Ib. |
Forging Common Seal or Bills of Company or Bank of England—Death. |
§35. |
Ib. |
If Interest of Money lent by Company run in Arrear for Two Years together, and Principal Money not paid within Three Years after Demand as herein mentioned, Estate of Debtor may be sold on Notice. |
§36. |
Ib. |
Members of House of Commons may be a Member, &c. |
§37. |
Ib. |
How Infant may become a Contributor. |
§ 38. |
Ib. |
It is to be inserted in the Letters Patent that no Person shall execute Office in Corporation without taking the Oath of Stat. I W. & M.c. 8. and the Oath herein mentioned. |
§39. |
Ib. |
The Company may subscribe Dockets of Extents, &c. kept in Courts of Record. |
§ 40. |
137 |
Members, as such, not liable to the Bankrupt Laws. |
§ 41. |
Ib. |