June, 1649
[25 June, 1649.]
A former Act recited.
Whereas by an Act of this present Parliament, Entituled, An
Act of the Commons of England in Parliament assembled, for the
Abolishing of Deans, Deans and Chapters, Canons, Prebends, and
other Offices and Titles, of or belonging to any Cathedral or Collegiate Church or Chappel within England or Wales, it is among
other things Enacted, That the Contractors (in that Act named)
shall not sell any of the Lands, Possessions or Hereditaments of
the said Deans, Deans and Chapters, and other the persons in that
Act mentioned, in possession under Twelve years Purchase, and so
in proportion the Reversion or Reversions of the premises expectant
upon Estates for Life, Lives or Years, as in and by the said Act
more at large appeareth;
Rules for Contracting.; Ten years Purchase.; An Ordinance of 17 March, 1647.
And whereas by the said Act it is further Enacted and Ordained,
That no person or persons, who hath or have any Debt transferred
by the said Act from the Securities or Receipts of the Grand Excize,
or the Receipts for the Composition of Delinquents at GoldsmithsHall, his or their Assignee or Assignees, being a Purchaser within
the said Act, shall have allowance of such Debt by the Trustees,
Register-Accomptant or Treasurers in that Act named, in part of
the moneys to be paid for the Purchase of the premises, under the
rate of Fifteen years Purchase of Lands in Possession, and for
Reversions in proportion thereunto, unless such person or persons,
his or their Assignee or Assignees, shall first advance the like sum
in ready money by way of doubling, in such sort as other persons
by that Act have liberty to do: The Parliament of England taking
into consideration how expedient it is for this Commonwealth,
that speedy Sale be made of the premises, for the present raising
of moneys, for and towards (amongst other things) the speedy
transporting the Forces now in readiness for the Relief of Ireland,
and thereby easing this Nation of the Free-quarter, and other
burthens of those Soldiers, as also for the payment of the Debts so
transferred, or otherwise fixed upon the premises, by Act or Order
of this present Parliament, have for the encouragement of Purchasers Enacted and Ordained, and be it by Authority of this
present Parliament Enacted and Ordained, and the said Contractors, or any five or more of them are hereby Authorized and
Impowered to Treat, Contract and Agree with any person or
persons, Bodies Politique or Corporate, for the Sale of the said
premises, or any part thereof for ready money, or upon doubling
in possession at Ten years Purchase, and not under, and so in proportion for an Reversion or Reversions of the premises expectant
upon any Estate for Life, Lives or Years, and not under, according
to the Rules and Proportions set down in an Ordinance of the
Seventeenth of March One thousand six hundred forty seven
Entituled, An Ordinance of the Lords and Commons assembled
in Parliament, for removing Obstructions in the Sale of Reversions
of Bishops Lands
Thirteen years Purchase.
And be it further Enacted by the Authority aforesaid, That the
Contractors or any five or more of them, are hereby Authorized
and Impowered, to Treat, Contract and Agree with any person or
persons, Bodies Politique or Corporate, their Assignee or Assignees,
whose Debts are transferred, or otherwise fixed upon the premises
as aforesaid, for the Sale of the premises or any part thereof in
possession, to be paid for by the Debts so transferred or fixed (without doubling as aforesaid) at Thirteen years Purchase, and not
under; and so in proportion for any Reversion or Reversions expectant upon Estates for Life, Lives or Years, and not under, unless
such person or persons, his or their Assignee or Assignees, shall
first advance the like sum in ready money or by way of doubling,
in such sort as other persons by that Act have liberty to do; and
the Trustees, Treasurers and Register-accomptant, and all other
persons in the said Act named, imployed or intrusted in the Sale
of the premises, are hereby Authorized and enjoyned to allow of
the said Contracts, and the said Trustees to convey the premises
accordingly, Any Act, Ordinance or Law to the contrary in any
wise notwithstanding.
Ten days after return of the Survey.
And for the better encouragement or such as shall desire to
become Purchasers of the premises, or any part thereof for ready
money, or money advanced by way of doubling as aforesaid, Be it
further Enacted and Ordained, That the said Contractors shall
not Treat or Contract for the sale of the premises, or any part
thereof in possession to be paid for, otherwise then with ready
money, or money advanced by way of doubling as aforesaid, until
ten days after the return of the Survey of the same, nor for the
sale of the Reversion of any of the premises to be paid for, otherwise
then with ready money, or money advanced by way of doubling as
aforesaid, until ten days after the time allowed by the said former
Act to the immediate Tenant or Tenants for Contracting and
Subscribing their Contracts; and after the said ten days
respectively, the said Contractors may proceed to the sale of the
premises, or any part thereof not contracted for within the said
two days as aforesaid, to any person or persons, Bodies
Politique or Corporate, to be paid for by the debts so transferred
or fixed as aforesaid, Any thing in this Act to the contrary notwithstanding.