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<p> <note>1</note><lb/> <note> Annuity Notes</note></p> <p> <note> Plan<lb/> 1. Constitution</note></p> <p> Plan<lb/> For the Constitution <add> Eventual Extension, Emission</add> <del> Issue, Calculation </del> and Payment, <lb/> of a proposed new species of Government<lb/> Paper, under the name of Annuity<lb/> Notes.</p> <p> <note> 1 <lb/> Transferable <hi rend="underline">Annuity<lb/> Notes</hi> to be issued —<lb/> granting, each an<lb/> Annuity, redeemable<lb/> for the sum it is denominated<lb/> by, and sold <lb/> for.</note> </p> <head>I. Constitution — </head> <p> 1. That there be issued, <add>[1]</add> <del><gap/></del> <add> from</add> his Majesty's Exchequer<lb/> <del> (in such quantity as is </del> <add> in whatever quantity it shall be applied for by purchasers in this condition</add> herein after mentioned <del>)</del> <add> [2]</add> through<lb/> the medium of such <hi rend="underline">Local</hi> or <hi rend="underline">Sub-Offices</hi> as <add> is</add> hereinafter<lb/> mentioned, <add> [3]</add> and the <hi rend="underline">interest</hi> or <hi rend="underline">dividends</hi> <add> [4]</add> <lb/> paid, in such manner as is also hereinafter <lb/> mentioned,<add> [5]</add> a <add> competent</add> number of <sic>transferrable</sic> <add>[6]</add> promissory<lb/>Notes, of such value or values respectively as is herein after mentioned [6]<lb/> Notes, to be termed <hi rend="underline">Annuity-Notes</hi>: <del> <gap/></del> imputing, <lb/> each of them, the <del>grant <add> extension</del> grant </add> of a perpetual redeemable<lb/> Annuity, <add>[7]</add> payable to the <add> Purchaser or other</add> Holder of the Note: <del> (in<lb/> other words, promising, each of them, to the Holder<lb/> for the time being, an Annuity of that description</del><lb/> in consideration of the <hi rend="underline">principal</hi> sum, in the repayment<lb/> of which such Annuity is <del> accordingly</del> made<lb/> redeemable, and what <del>therefore</del> <add> accordingly</add> constitutes the denominative<lb/> <hi rend="underline">value</hi> <add> or <hi rend="underline">Principal</hi></add> of such Note <add>[8]</add> such interest<lb/> to be paid yearly <add> [9]</add> immediately after the expiration<lb/> of each year.</p> <p> <!-- feint pencil additions --> <note>[1] <gap/><lb/> [2] <gap/> <lb/> [3] <hi rend="underline">Dividend</hi> <gap/><lb/> [4] <gap/> <lb/> [5] transferable <lb/> [6] <gap/> <lb/> [7] <gap/> or <gap/> <lb/> [8] Example a <lb/> £12: 16 note <lb/> [9] Not half yearly<lb/> 1. To <gap/> <gap/><lb/> 2. <gap/> <lb/> 3. Circulate <add> <gap/></add> with <lb/> <gap/> the disadvantage </note></p> | |||
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1
Annuity Notes
Plan
1. Constitution
Plan
For the Constitution Eventual Extension, Emission Issue, Calculation and Payment,
of a proposed new species of Government
Paper, under the name of Annuity
Notes.
1
Transferable Annuity
Notes to be issued —
granting, each an
Annuity, redeemable
for the sum it is denominated
by, and sold
for.
I. Constitution —
1. That there be issued, [1] from his Majesty's Exchequer
(in such quantity as is in whatever quantity it shall be applied for by purchasers in this condition herein after mentioned ) [2] through
the medium of such Local or Sub-Offices as is hereinafter
mentioned, [3] and the interest or dividends [4]
paid, in such manner as is also hereinafter
mentioned, [5] a competent number of transferrable [6] promissory
Notes, of such value or values respectively as is herein after mentioned [6]
Notes, to be termed Annuity-Notes: imputing,
each of them, the grant <add> extension grant </add> of a perpetual redeemable
Annuity, [7] payable to the Purchaser or other Holder of the Note: (in
other words, promising, each of them, to the Holder
for the time being, an Annuity of that description
in consideration of the principal sum, in the repayment
of which such Annuity is accordingly made
redeemable, and what therefore accordingly constitutes the denominative
value or Principal of such Note [8] such interest
to be paid yearly [9] immediately after the expiration
of each year.
[1]
[2]
[3] Dividend
[4]
[5] transferable
[6]
[7] or
[8] Example a
£12: 16 note
[9] Not half yearly
1. To
2.
3. Circulate with
the disadvantage
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002 |
Annuity Notes |
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378 |
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001 |
[[titles::Plan / For the Constitution, Eventual Extension, […?] and Payment, of a proposed new species of Government Paper, under the name of Annuity-Notes / I Constitution]] |
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Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property. |
F1 |
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Jeremy Bentham |
J WHATMAN |
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John Flowerdew Colls |
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1117 |
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