Taxation, etc. (No. 2) Act 1695

LXXI. Auditor to keep Account of Bills prepared and delivered as aforesaid, and Tellers to keep an Account of Bills received, and of Monies received and paid, to which Accounts Access may be had without Fee.

Penalty; Treasury, &c. may cause Bills brought back and paid off to be cancelled, or to cause the same to be reissued or new Bills to be made and issued; Such Bills exceeding the Sums of Money herein mentioned; Penalty; Forging Bills of Credit or tendering, knowingly, forged Bills; Felony; Treasury may order Charges of making the said Bills, &c. to be defrayed as herein mentioned; reserving necessary Cash in the Exchequer to answer Bills.

And be it further enacted by the Authority aforesaid That the said Auditor of the Receipt shall cause to be kept a true Account of all the Bills by him made & prepared as aforesaid and delivered to the said Tellers and that the said Tellers shall keep true Accounts as well of the Bills which they shall respectively receive and issue out as also of the Moneys which they shall actually receive and pay in relation to the said Bills pursuant to this Act to which several Accounts all Persons concerned shall have free accesse att all seasonable times to the end they may be satisfied that the Su[m]m for which Bills may be issued out pursuant to this Act is not exceeded and may be acquainted from time to time with the State of the Cash and other Matters relating to this Affair And that no Fee Reward or Gratuity shall be demanded or taken by any Officer in the Receipt of [X1 the] Exchequer or any of their Clerks or Deputies for any View Search Entry Payment or other Matter relating to the said Bills of Creditt under the Penalty of forfeiting their respective Places and being disabled to serve His Majesty as aforesaid And the said Co[m]missioners of His Majesties Tresury or any Three of them now being or the Tresurer of the Excheq[uer] or any Three or more of the Co[m]missioners of the Tresury for the time being are hereby authorized and required from time to time as they shall see Occasion to cause any of the said Bills of Creditt which shall have been brought back to the Excheq[uer] and paid off to be cancelled and the Fund hereby appointed for Satisfaction of the same and the respective Tellers. Accounts to be totally discharged, of those Bills or to cause the said Bills or any of them to be issued out again or to cause new Bills to be made and issued instead of those which shall be cancelled or any of them so as the whole Principal which att any time shall be due upon the Bills or Orders or both as aforesaid do not exceed the said Su[m]m of Twenty five hundred and sixty foure thousand Pounds And in case the said Co[m]missioners of the Tresury or Tresurer of the Exchequer shall direct or the Auditor of the Receipts shall make or the said Tellers shall issue forth such a Number of the said Bills of Creditt as that the whole Principall Su[m]m which shall att any one time be due thereupon and [X2 upon] the Orders of Loan before mentioned do exceed the said Su[m]m of Twenty five hundred and sixty foure thousand Pounds or that a greater Su[m]m than Fifteene hundred thousand Pounds shall be issued in such Bills before the said First day of August that then and so often they or such of them that shall offend therein and their respective Mannors Lands Tents Hereditaments Goods Chattells and Estates whatsoever shall be subject and liable and they are by Force and virtue of this Act made subject & liable to answer and pay the Principal and Interest which shall be due upon any such Bills of Creditt as aforesaid besides Damages & Costs of Suit to any Person or Persons who shall be possest of any such Bills of Creditt and will sue for the same by Action of Debt or on the Case Bill Suit or Information as is before mentioned And if any Person or Persons shall forge or counterfeit any such Bill of Creditt as aforesaid or tender in Payment any forged or counterfeited Bill of Creditt or demand Money thereupon att the Exchequer (knowing the Bill so tendred or whereupon the Money shall be so demanded to be actually forged or counterfeited) and with an Intention to defraud His Majesty or any other Person or Persons that then every such Person or Persons so offending (being thereof convicted in due Forme of Law) shall be adjudged a Felon and shall suffer as in Cases of Felony And the Co[m]missioners of His Majesties Tresury or any Three of them now being or the Tresurer of the Exchequer or any Three or more of the Co[m]missioners of the Tresury for the time being are hereby authourized directed & impowered to cause the necessary Charge of making the said Bills of Creditt and performing other the [X3 said] Services by this Act required to be done in the Receipt of the Exchequer not exceeding in the whole Foure thousand Pounds per Annum to be born and defrayed out of the Moneys to be lent or advanced as aforesaid and to issue from time to time to and for the Service of the said Warr and other the Purposes by this Act intended to be provided for any other parts or proportions of the said Moneys which shall be lent or advanced either upon the Creditt of Repayment by Orders in course or by Bills of Creditt as aforesaid always reserving so much in Cash att the said Receipt of Exchequer as they in their Judgments and Discretions shall think necessary for the Circulations of the said Bills of Creditt and answering such of them for which such Cash may probably from time to time be soon demanded.

Editorial Information

X1 O. omits.

X2 interlined on the Roll.

X3 O. omits.