★ Find a new page to transcribe in our list of Untranscribed Manuscripts
Art. 20 8
Now to proceed for the paying redemption of those
portions of Stock whose holders will not forbear, purposely
or otherwise, to apply for the purpose of receiving
it? — From the time that the money is set apart
for the purchase of the mass of Stock standing
in any this or that , the interest of course must cease: if the
redemption of the principal and thence the cessation
the interest depended on the act of the Annuitant Stockholder, no unwilling
Annuitant would be ever be paid off. Nothing but
loss — clear and palpable — would be the result
of the non-acceptance or any delay in the non-acceptance of the redemption — money in such case. Therefore
any such refractoriness
could not be reasonably to
be apprehended in any considerable degree: worth regarding and so far as
it did take place, there would be no loss to
Government; since the money in one mass would be lying idle,
(the progress of the converse being stopped pro tanto)
the interest on it would be
Identifier: | JB/002/477/001"JB/" can not be assigned to a declared number type with value 2. |
|||
---|---|---|---|
not numbered |
|||
002 |
annuity notes |
||
477 |
art. 20 |
||
001 |
|||
text sheet |
1 |
||
recto |
d8 |
||
jeremy bentham |
<…>m 1798 |
||
frances wright |
|||
1798 |
|||
1216 |
|||