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Bank of England Act 1696
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XXXIII.Bank Stock to be Personal and not Real Estate; and shall go to Executors and not to the Heir.
And be it further enacted by the Authority aforesaid That from and after the Five and twentieth Day of March One thousand six hundred ninety seven the Estate Interest & Stock of the Money of the said Corporation of the Governour and Company of the Bank of England and of each and every particular Member thereof shall be and be adjudged taken and accepted in Construction of Law by all Judges in all Courts of Law & Justice and in all Courts and Places whatsoever within this Realme to be a personal and not a real Estate and shall go to the Executors or Administrators of the Person or Persons dyeing possessed thereof or intituled thereunto and not to the Heires of such Person or Persons Any thing contained in the said Act of Parliament for erecting the Bank or in any other Act or any other Law Statute Usage or Custome to the contrary in any wise notwithstanding.
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