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<p> Art 1 + <note>3</note><lb/><note> Annuity Notes<lb/> <add>Addendum</add><lb/> Plan<lb/> 2. Constitution</note></p> <p> <note>[7]</note> <del>Art 1 page 1</del> [<hi rend="underline">Of such Value or Values &c</hi>] See Art.2 <del>8</del> 10, & 11.<lb/> <note> [8]</note> <del> Art. 1. page 1.</del> [ ... <hi rend="underline">Promissory Notes</hi>. — — <hi rend="underline">Grant of an Annuity</hi>]<lb/> Shall the instrument wear a <del> declaratory <gap/> </del> <lb/> <hi rend="underline">promissory</hi> aspect, as in the case of a Bank Note, or <lb/> a <hi rend="underline">declaratory</hi> aspect, as in the case of an Exchequer<lb/> Bill? — Both come to the same thing — the difference<lb/> is not worth discussing here. <del> See <gap/> Note [ ] to the <lb/> <del><note>Reference on ?</note></del> <del> preferred form of an Annuity <hi rend="underline">Note</hi>.</del></p> <p> [9] Art.1 page 1 [ <hi rend="underline">Denominative value or Principal</hi>]<lb/> For example one of the preferred notes is a £12:16<hi rend="superscript">s</hi><lb/> Note: £12:16: <add> then</add> is <add> without dispute</add> its <hi rend="underline">denominative</hi> value since it is<lb/> the value which is ascribed to it, and by which it is<lb/>denominated. <add> On Enquiry it</add> <del>It</del> will also be found to be its <hi rend="underline">true</hi> value<lb/> inasmuch as by the <add> terms & </add> nature of its constitution, the <add> <hi rend="underline">exchangeable</hi></add> value<Lb/> of it can <del>not</del> <add> never (it will be seen) be in any considerable degree</add> like the arrival of distant and uncertain<lb/> <del> period be less</del> <add> greater</add> than the £12:16: nor <del> at any time</del> <add> ever in any degree</add> <lb/> less.</p> <p> This sum may also be termed the <hi rend="underline">principal</hi> of the <lb/> note: since it is <add> on the receipt and</add> in consideration of this sum, <add> in money, </add> considered<lb/> as principal money, that the <hi rend="underline">interest</hi> or <hi rend="underline">annuity</hi> <lb/> is proposed to be granted: and this <add> moreover</add> is the sum that <lb/> <del>mu</del> will be to be paid should the Annuity <del>be</del> ever<lb/> come to be redeemed.</p> <p> <del>[10] Art 1 page 1 [<hi rend="underline">Interest</hi> — <hi rend="underline">paid yearly</hi>]<lb/> <hi rend="underline">Question</hi> Why <hi rend="underline">yearly</hi> only, and not half yearly<lb/> as in the case of the existing Stock Annuities, half<lb/> yearly? <hi rend="underline">Answer</hi></del> </p> | <p> Art 1 + <note>3</note><lb/><note> Annuity Notes<lb/> <add>Addendum</add><lb/> Plan<lb/> 2. Constitution</note></p> <p> <note>[7]</note> <del>Art 1 page 1</del> [<hi rend="underline">Of such Value or Values &c</hi>] See Art.2 <del>8</del> 10, & 11.<lb/> <note> [8]</note> <del> Art. 1. page 1.</del> [ ... <hi rend="underline">Promissory Notes</hi>. — — <hi rend="underline">Grant of an Annuity</hi>]<lb/> Shall the instrument wear a <del> declaratory <gap/> </del> <lb/> <hi rend="underline">promissory</hi> aspect, as in the case of a Bank Note, or <lb/> a <hi rend="underline">declaratory</hi> aspect, as in the case of an Exchequer<lb/> Bill? — Both come to the same thing — the difference<lb/> is not worth discussing here. <del> See <gap/> Note [ ] to the <lb/> <del><note>Reference on ?</note></del> <del> preferred form of an Annuity <hi rend="underline">Note</hi>.</del></p> <p> [9] Art.1 page 1 [ <hi rend="underline">Denominative value or Principal</hi>]<lb/> For example one of the preferred notes is a £12:16<hi rend="superscript">s</hi><lb/> Note: £12:16: <add> then</add> is <add> without dispute</add> its <hi rend="underline">denominative</hi> value since it is<lb/> the value which is ascribed to it, and by which it is<lb/>denominated. <add> On Enquiry it</add> <del>It</del> will also be found to be its <hi rend="underline">true</hi> value<lb/> inasmuch as by the <add> terms & </add> nature of its constitution, the <add> <hi rend="underline">exchangeable</hi></add> value<Lb/> of it can <del>not</del> <add> never (it will be seen) be in any considerable degree</add> like the arrival of distant and uncertain<lb/> <del> period be less</del> <add> greater</add> than the £12:16: nor <del> at any time</del> <add> ever in any degree</add> <lb/> less.</p> <p> This sum may also be termed the <hi rend="underline">principal</hi> of the <lb/> note: since it is <add> on the receipt and</add> in consideration of this sum, <add> in money, </add> considered<lb/> as principal money, that the <hi rend="underline">interest</hi> or <hi rend="underline">annuity</hi> <lb/> is proposed to be granted: and this <add> moreover</add> is the sum that <lb/> <del>mu</del> will be to be paid should the Annuity <del>be</del> ever<lb/> come to be redeemed.</p> <p> <del>[10] Art 1 page 1 [<hi rend="underline">Interest</hi> — <hi rend="underline">paid yearly</hi>]<lb/> <hi rend="underline">Question</hi> Why <hi rend="underline">yearly</hi> only, and not half yearly<lb/> as in the case of the existing Stock Annuities, half<lb/> yearly? <hi rend="underline">Answer</hi></del> </p> | ||
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Art 1 + 3
Annuity Notes
Addendum
Plan
2. Constitution
[7] Art 1 page 1 [Of such Value or Values &c] See Art.2 8 10, & 11.
[8] Art. 1. page 1. [ ... Promissory Notes. — — Grant of an Annuity]
Shall the instrument wear a declaratory
promissory aspect, as in the case of a Bank Note, or
a declaratory aspect, as in the case of an Exchequer
Bill? — Both come to the same thing — the difference
is not worth discussing here. See Note [ ] to the
Reference on ? preferred form of an Annuity Note.
[9] Art.1 page 1 [ Denominative value or Principal]
For example one of the preferred notes is a £12:16s
Note: £12:16: then is without dispute its denominative value since it is
the value which is ascribed to it, and by which it is
denominated. On Enquiry it It will also be found to be its true value
inasmuch as by the terms & nature of its constitution, the exchangeable value
of it can not never (it will be seen) be in any considerable degree like the arrival of distant and uncertain
period be less greater than the £12:16: nor at any time ever in any degree
less.
This sum may also be termed the principal of the
note: since it is on the receipt and in consideration of this sum, in money, considered
as principal money, that the interest or annuity
is proposed to be granted: and this moreover is the sum that
mu will be to be paid should the Annuity be ever
come to be redeemed.
[10] Art 1 page 1 [Interest — paid yearly]
Question Why yearly only, and not half yearly
as in the case of the existing Stock Annuities, half
yearly? Answer
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Identifier: | JB/002/391/001"JB/" can not be assigned to a declared number type with value 2. |
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002 |
Annuity Notes |
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391 |
Art 1 |
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001 |
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Text sheet |
1 |
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Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property. |
A3 / F3 |
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Jeremy Bentham |
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1130 |
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