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Taxation Act 1696
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XVIII.Paying subsequent Orders, if first demanded, no undue Preference, if sufficient reserved to satisfy preceding Orders.
Provided also That it shall not be interpreted any undue Preferrence to incurr any Penalty in point of Payment if the Auditor direct and the Clerk of the Pells Record and the Tellers do pay subsequent Orders of Persons that come and demand their Moneys and bring their Order in their Course so as there may be so much Money reserved as will satisfie precedent Orders which shall not be otherwise disposed but kept for them Interest upon Loan being to cease from the time the Money is so reserved and kept in Bank for them.
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