June, 1649
[29 June, 1649.]
Act of 27 June 1649, recited.
Whereas by an Act of this present Parliament made the 27th
of this present June, It is Enacted and Ordained, That so much
of the sum of 400,000l. secured unto the Lenders and Advancers
of the 200,000l. by Ordinance of Parliament of the 13th October,
1646. as is already, or shall be satisfied to the said Lenders, by the
sale of the Bishops Lands, shall neverthelesse stand charged upon
the Receipts of the Grand Excise, for the service of the Commonwealth, to be paid by the Commissioners of Excise in course, as is
directed by like Ordinance of Parliament of the 16th October,
1646. to have been paid to the said Lenders, had they not been
satisfied by the sale of the said Lands, of which said sum there is
already satisfied the sum of 350,000l. or thereabouts, by sale of
the Lands aforesaid.
Moneys charged by recited Act to be security for loan of 150,000l. for Ireland.
And whereas the present and pressing necessities of Ireland, do
require a speedy supply of money, which cannot bee delayed untill
the course of the said Ordinance of the 13th October, 1646 (though
now near at hand) doth fall. It is Enacted and Ordained by this
present Parliament and authority thereof. That if any person or
persons shall advance and lend any sum or sums of Money towards
the raising of 150,000l. for the service of Ireland aforesaid, the
said person or persons shall be secured and reimbursed the same
out of the moneys so standing charged for the use of the Commonwealth, upon the Grand Excise, by the said Act of the 27th of this
present June, and in course of the said Ordinance of the 13th
October, 1646. together with interest for the same after the rate
of 8l. per centum, per annum, to bee paid every six moneths for
so long time as they shall remain unpaid.
Moneys advanced to be paid to Treasurers to be appointed by Council of State
And it is further Enacted and Ordained by Authority aforesaid,
That the Moneys so advanced and lent upon the credit of the said
Act, shall be paid unto such Treasurer or Treasurers as the Councell
of State shall under the seal of the said Councell appoint an the
Receipt or Receipts of the said Treasurer shall be a sufficient
authority unto the person or persons lending and advancing the
same, to require and demand the respective sum or sums by them
and every of them advanced and lent, together with interest as
aforesaid, of the Commissioners of Excise and New-impost, who
are hereby authorized to pay the same accordingly, in such course
as the said respective sum or sums shal be lent and advanced, not
staying until they have one fourth part of the whole debt in Cash,
but proceeding in payment thereof, as fast as money shall arise
upon the said Act; anything in the said Act of the 27th of this
present June to the contrary notwithstanding; And the Receipt
or Receipts of the said person or persons that shall advance any
sum or sums upon the credit aforesaid; together with the Receipt
of the Treasurers aforesaid; testifying the sum or sums by him or
them respectively lent, shall be a sufficient discharge unto the
Commissioners of Excise, for payment of the said Principall and
interest.
And be it further Declared and Ordained by Authority aforesaide
That neither the said sum or sums so advanced and lent, nor
any other sum or sums whatsoever, remaining and standing now
charged upon the Grand Excise, and untransferred upon sale of
Deans and Chapters Lands shall be taken off, or transferred from
the said Excise upon any other Security whatsoever, nor bee
paid otherwise then in their true and proper courses, wherin they
were first charged, upon any exigent or occasion whatsoever.