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Drouly Fund Act 1838

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This is the original version (as it was originally enacted).

IIITransfer of the Fund.

And be it enacted, That from the passing of this Act the Sum of Sixteen thousand seven hundred and thirty-nine Pounds Three Shillings and Five pence Three per Centum Consolidated Bank Annuities, standing in the Names of the said Richard Neave and William Henry Spicer, the surviving Trustees of the said last-mentioned Fund on behalf of Chelsea Hospital, shall stand transferred to the said Account, so that the same may be held by the said Paymaster General, subject nevertheless to the Direction of the said Commissioners of Chelsea Hospital as to the Application thereof; and the said Richard Neave and William Henry Spicer, and each of them, their and each of their Heirs, Executors, and Administrators, shall respectively be hereby released from all Claim whatsoever on account of the said Fund for anything heretofore done in relation to the same.

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