JB/002/392/001

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Notes Art. 1 4

Notes Annuity Notes Plan 5. Constitution [10] Art. 1 pages . Interest . . . . paid yearly or of Yearly] Question
Why yearly only, and not (as in the case of the existing
Stock Annuities, half-yearly?

Answer. The Advantages resulting from a single of
payment appear considerable: no disadvantage, comparable
of a nature to lessen the value of the paper, or obstruct
the circulation of it

Advantages f resulting from yearly payment, in contradistinction
to half-yearly — 1. Lessening by one half the time and thence the expense of paying payment
by one half Clerks employed on payment.

2. Profit by saving to the amount of the half years the interest upon the first half
years the amount of the dividend

2. Profit or saving by interest forborne: amounting
to a half year's interest upon half the amount of
each years dividend: viz: upon every ten million
of capital, or £300,000 £30,000 of Annuity, £15,000 a half a years
year interest the interest of £15,000 for half a year.

Identifier: | JB/002/392/001"JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering
Box	002	Main Headings	annuity notes
Folio number	392	Info in main headings field	notes art. 1
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	a4 / f4
Penner	jeremy bentham	Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	1131
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