.MzE0NQ.MjcyNjI

33.

7. annuities for one, two, & three lives, by ye. 5th of W. & M. Cap. 20. 9d. per barrel Excise duty was granted from & after ye. year 97. to her M. Heirs & successors 5/7 of which are directed to be set apart for ye. use of ye. Bank, (as will be explain'd note * See Bank original fund Art 17. /note elsewhere *), & 2/7 for satisfying annuities for one, two, & three lives, respectively note * total sum to be rais'd by these annuities & contributors at ye. Bank was £150,000. /note upon ye. sum of £300,000 *. to be contributed for ye purchase of ye. said annuities at ye. respective, rates of 14 - 12 - & 10 pr. Cent.

Present state of ye. said tund of 2/7 Excise is as follows.

Part of these Annuities corresponding to ye. note Y 1st £181,060. but since reduc'd to yt. sum, See S. S. account Art. 2. long annuities /note Capital of £140,638,,9,,9. symbol having been subscrib'd into S. S. Co. by 6th G. I. ye. said Co. is entitl'd to a perpetual annuity of deemable in terms of ye. said act together with charges of Management, & ye. annuities unsubscrib'd note + See Exchequer Annuities Art 2. /note amounting to £17,091,,4. + is now paid at ye. Exchequer, out of this Excise fund; Ye. Surplus goes to ye. aggregate fund 8. annuities purchas'd 1704 & 1705. by ye. 12th K. W. Cap. 12. £3700 per week out of Here 4. & Temp 4. Excise was directed to be paid note + see Civil List, & gen. fund /note into ye. Exchequer deletion by /deletion weekly deletion payment /deletion ^ addition for ye. term underline of 9 /underline /addition years viz to December 1705. for satisfying Bankers