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B02299 The commission for taking subscriptions to the national land-bank England and Wales. Sovereign (1694-1702 : William III); William, III, King of England, 1650-1702. 1696 (1696) Wing C5551A; ESTC R233579 21,018 14

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or any the Sum or Sums of Money arising by or for the first fourth part of the Moneys to be Subscribed as aforesaid taking from such Person or Persons respectively such Security or Securities as to you shall seem good and sufficient and shall also be Approved by the Commissioners of Our Treasury or the Treasurer of Our Exchequer as aforesaid by Bond or Bonds in the Name of us Our Heirs or Successors for the due Answering Paying and Accounting for the Money which they shall respectively receive according to such Rules or Directions as are hereafter in these Presents contained for or concerning the Payment or Application of the same To keep the Money till payable into the Exchequer AND We do by these Presents for us our Heirs and Successors Direct Authorize and Command that you Our said Commissioners or your Cashier or Cashiers who shall Receive or have in their Custody all or any the Moneys arising by the said Subscriptions for the first fourth part as aforesaid or any Person or Persons Chargeable therewith shall safely keep the same and every part thereof as it shall be received to Our use until the said Moneys shall be payable into the Receipt of Our Exchequer according to Our Directions herein after contained that is to say How the first fourth part shall be paid into the Exchequer OUR Will and Pleasure is and We do hereby Direct Authorize and Command that you Our said Commissioners or the said Cashier or Cashiers or others that shall have the Custody of the money of the said first fourth part or any part thereof or be chargeable therewith shall and do in case the whole Sum of Two Millions Five Hundred Sixty four Thousand Pounds or the Moyety or any greater part thereof shall be Subscribed on or before the first Day of August now next ensuing as aforesaid as soon as our Charter of Incorporation shall be made and passed under Our Great Seal of England pay or cause to be paid all the Moneys which shall then have been received of or for the said first fourth part into the Receipt of Our Exchequer in the Name of the Governour and Company of the National Land Band and upon such Payment or Payments to be made in the Name of such Governour and Company of the National Land-Bank of the Moneys of the said first fourth part the Commissioners of Our Treasury Treasurer and under Treasurer of Our Exchequer and all other Officers to whom it doth or shall appertain in the Receipt of the Exchequer for the time being are hereby Required and Authorized to Levy or Strike Talleys for the same Importing so much Money Received from such Governour and Company by the hands of you Our said Commissioners for or towards the Sum not exceeding Five and twenty hundred and sixty four thousand Pounds to be raised upon the said Act and to Draw and Sign Exchequer Orders fairly written in Parchment for paying to the said Governour and Company of the National Land-Bank and their Successors for ever Subject nevertheless to the Condition of Redemption in the said Act contained a proportionable part of the said yearly Sum of One hundred seventy nine thousand four hundred and eighty Pounds per Annum for every or any Sum of the said first fourth part which shall be so paid into the Receipt of Our Exchequer according to the Tenor and true meaning of the said Act of Parliament AND Our Will and Pleasure is And We do hereby Direct Authorize and Command that you Our said Commissioners or the said Cashier or Cashiers or others who shall have the Custody of the said Moneys so to be received for the first fourth part of the said Subscriptions or any part thereof shall and do in case so much as a Moyety of the said Five and twenty hundred and sixty four thousand Pounds shall not be Subscribed on or before the said first day of August next pay or cause to be paid all the Moneys which you shall have received for the said first fourth part upon the said Subscriptions into the Receipt of Our Exchequer in the Names of the respective Subscribers or Contributors thereof his her or their respective Executors Administrators Successors or Assignes and upon every or any such Payment or Payments to be made as is last mentioned the said Commissioners of Our Treasury Treasurer and under Treasurer of Our Exchequer and all other Officers to whom it doth or shall appertain in the Receipt of Our Exchequer for the time being are hereby Authorized and Required to Levy and Strike Talleys for the same Importing so much Money Received from the respective Subscribers and Contributors their Executors Administrators Successors or Assignes by the hands of you Our said Commissioners upon the said Act and to Draw and Sign Exchequer Orders fairly written in Parchment for paying to the said respective Subscribers and Contributors their Executors Administrators Successors and Assignes for ever subject nevertheless to the condition of Redemption in the said Act contained proportionable parts of the said yearly Fund of One hundred seventy nine thousand four hundred and eighty Pounds according to the true meaning of the said Act for every or any Sum which shall be so paid into the Receipt of Our Exchequer and these presents of the Entry or Enrollment thereof shall be to the said Commissioners of the Treasury Treasurer under Treasurer and all other Officers and Persons who are or may be concerned a sufficient Warrant and Discharge in that behalf And as to the remaining three fourth parts of all and every the Sum and Sums of Money which shall be Subscribed and Contained in the said Books of Subscription as aforesaid How the residue shall be paid Our Will and Pleasure is and We do hereby Declare Limit and Appoint that every entire Sum Subscribed or to be Subscribed as aforesaid being divided into four equal parts whereof the first fourth part is to be paid and brought into the Receipt of our Exchequer by and according to Our Directions aforesaid A Second fourth part thereof shall be paid and brought into the Receipt of Exchequer Second Payment on or before the first day of October now next ensuing Residue of the Payment And the remaining two fourth parts which will compleat the whole Subscriptions shall be paid or brought into the Receipt of Exchequer before the first day of January now next ensuing How the Residue shall be paid in case of Incorporation And in case the whole Sum of Five and twenty hundred and sixty four thousand Pounds or the Moiety or any greater part thereof shall be Subscribed on or before the first day of August next as aforesaid then all the Moneys which shall be Subscribed as aforesaid the first fourth part only excepted shall and may be brought and paid into the Receipt of Our Exchequer at such times and by such Ways Methods or Means as the Governour or in his absence the Deputy-Governour together