.MzE0NQ.MjcyNjg

From Georgian Papers Programme Transcription Wiki
Jump to: navigation, search

36.

continued unto ye. 30th Sept. 1710. & certain duties of Excise (granted) by Act 9th. K. W. for 16. years) were further continued from & after ye. 17th of May 1713. for ye. term of 99. years.

ye. said Subsidy, duties, & Excise made a fund for payments of annuities to ye. contributors of ye. Sum of £ 2, 855,761,,16,,2. whereof deletion unclear /deletion addition £2,575,761,,16,,2. /addition were for carrying on ye. war, & ye. residue £280,000. together with ye. produce of ye. said subsidy of Tunnage & Poundage was to be applied to make good ye. quarterly payment of ye. Annuitty to incur & grow due before ye. 25th. of March 1708. ye. said Annuity to be purchas'd for 5 1/2 years purchase; overplus moneys upon this fund are reserv'd by this Act to ye. disposition of Parl.

Present State of this Fund is as follows. S. S. C0. having by ye. 6th of G. I. purchas'd a quantity of these annuities equal to a capital of £3, 219, 762,,10. of which there now remains £2,500,952,,18,,3. principal. An Annuity correspondent to ye. said sum viz. £89,111,,7,,1. together with £1, 151,,16,,8. for charges of Management is paid to ye.