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13 Aug, 1800 + Art. 20
2 Annuity Notes
Abstract
Conversion
18 continued
Mode of conversion
proposed
An other The provision is being — that payments
for the purpose of redemption payments
shall not be made in masses of less than
₤500,000.
Suppose therefore this course taken in respect tothe time and mode of redemption as between the
several of Annuities, in
respect to the length of notice to be given if
the intention of making such redemption, to
be as follows — viz
Notice to be given in the usual form, on
the day immediately preceeding a day the next day but one the of half yearly
payment, or on any d preceding <add> earlier prior day subsequent
to the then last day of half yearly payment,
such notice to be expressive of a General intention
in the point of Parliament to pay off, from and
and after the day mentioned in such notice
to pay off the then remaining mass of Stock
Annuities, in lots <add>masses of not less than the <unclear>above stipulated
magnitude of ₤500,000, as fast as the sums ofmoneys
for the making of such payments shall respectively
be completed:. the order in which the masses shall
the way shall <gap/ be paid off to be determined by a letter, unless changed in <add>the way next mentioned. (a)
By the publication of the progress of the
in the Newspapers
it will be known all over the Kingdom, day after <add>by day, what
sum is in hand applicable to this purpose. The
lots masses being marked in numerical des for this purpose
each Stockholder will see from day by
day whether the mass his portion of Stock belongs to/add> is for payment,
or if not how soon it is in a way to <add>likely to become so
be so.
Lots of 500,000<lb/. the lots of the
of the more Year
to follow one another
to be borne
by a
Annuity Note
money
to be <gap/. in
Rate
of
to be published</note
<note> Objection - 900
different values of
a 12.16 besides
the dialy Augmentation
Answer — the embarrassment
to Government:
same Governmt would
<add> to pay but are valuable
Among
than when it was
thought worth while
to make the difference
the difference would
pay for the embarassent:
where not, it
would not be paid
or demanded.