★ Keep up to date with the latest news - subscribe to the Transcribe Bentham newsletter; Find a new page to transcribe in our list of Untranscribed Manuscripts
Panopticon Bill. Superannuation Annuies.
Sect.VI intitled Superannuation Annuities
1
Superannuation Annuity
Grant, to have the effect
of a Bond, to ten times
the annual sum
Art.1. Any Grant made by the Governor of a Superannuation Annuity as
aforesaid may be conceived according to the Form marked [C.1.]: and for the
better securing the payment thereof shall have the effect of a Bond to the amount
of ten times the amount of the annuity thereby granted.
2
may be on paper unstampt
Art.2. And Whereas it may be found expedient, that such Grants, which in
respect of their several consideration-moneys will be grounded on the produce of annual
savings, should be annually made And Whereas if the same were upon the
footing of other like Deeds to be charged with the stamp-duties, portions of the respective
consideration monies and thence of the respective Annuities to the amount of an
eighth, a sixth, a fourth or some still larger part would in the several instances be
thereby absorbed And Whereas securities for the like Annuities when granted on behalf
of certain Societies are by a Statute of the last Session Chapter 54th Section 4th
exempted from such charge Be it enacted that the paper, parchment, or other
material on which any such Grant as aforesaid comes to be executed need not be stampt.
3
not to be alienable
Art.3. And forasmuch as the said Annuities from the time of their commencement,
which will not be till the respective Annuities from the time of their commencement,
which will not be till the respective Annuitants are expected to have outlived for
the most part the capacity of maintaining themselves by the fruits of their own labour,
are designed as a sure resource and expected to be a sufficient provision for all exigencies,
And Whereas the Annuitants are persons in whom the highest degrees of improvidence
have been manifested by their crimes, Be it enacted that the said
Annuities shall not be alienable.
4
but forfeitable
Art.4. And forasmuch as they are moreover designed as pledges of good
behaviour, And Whereas in case of any Post liberation felony the Annuitant will in the
ordinary course of law be either capitally punished or by being re-committed to the Penitentiary
House secured in the acquisition of a fresh and sufficient provision of the same
kind, Be it enacted that on conviction of any such felony the convict's right to all
such Annuities shall cease.
5
triplicates to be executed: viz,
for
1. The Annuitant
2. The Penitentiary House
3. The Court of the King's Bench
Art.5. Of every such Grant there shall be triplicate originals: one to be
given to the Annuitant: another to be kept by the Governor among the muniments
of the said Penitentiary House: the third to be delivered in by him to the Court of
King's Bench, at the time of his next Report.
Art.6
Identifier: | JB/119/150/001 "JB/" can not be assigned to a declared number type with value 119.
|
|||
---|---|---|---|
1-5 |
|||
119 |
panopticon |
||
150 |
panopticon bill |
||
001 |
|||
copy/fair copy sheet |
2 |
||
recto |
d1 / d2 |
||
39661 |
|||