Bank of England Act 1696

XLVIII. Money due on Tallies subscribed into the Capital Stock of the Bank, to be divided so soon as received, or within 4 Months after.

And be it further enacted by the Authority aforesaid That the Moneys which from time to time shall become due and payable by virtue of any Talley or Order subscribed as aforesaid into the Capital Stock of the said Governor and Company by virtue of this Act as soon as conveniently may be after the same shall be received out of the Exchequer or any publick Office by the said Governour and Company their Officers Servants and Agents and att farthest once in every Foure Months shall be divided by the said Governor and Company amongst the Members of the whole Corporation ratably and in proportion to their several and respective Parts Shares and Interests in the said Capital Stock for the particular proper and onely use and behoofe of the said Members separately and in their private and personal Capacities Any thing in this Act or in the aforesaid Act for granting the said Rates and Duties upon Tunnage of Shipps and for erecting of the said Bank or in the Charter of Incorporation granted to the said Governour and Company beareing Date att Westminster the Seven and twentieth Day of July One thousand six hundred ninety foure or any Rule Order Usage Custome Act Statute or Law whatsoever to the contrary thereof in any wise notwithstanding.