Gloucestershire Roads Act 1697

V.

Surveyor, on Order of Five Justices, may mortgage the Tolls, pursuant to 3 & 4 W.& M.c.12. and any other Act, by Indenture, as herein mentioned, for a Term not exceeding Fifteen Years; Money so advanced distributed by Quarter Sessions.

And forasmuch as the Moneys so to be collected by such Receipt of the said Toll may not att present raise such a Stock or Su[m]m of Money as may be sufficient for the speedy repairing of the said Highway itt is hereby further enacted That the said Surveyor or Surveyors are hereby enabled by Order of the Justices of the said County or any Five of them to ingage the p[ro]ffitts ariseing by the said Toll and a Levy made upon the Parishes in which the said High-way or any Part thereof doth lye pursuant to an Act made in the Third and Fourth Yeare of His Majesties Reigne intituled An Act for the better repairing and amending the Highways and for settling the Rates of Carriage of Goods or by any other Act whatsoever for such Su[m]m or Su[m]ms of Money by him or them [X1 to be] borrowed for that Purpose and by Indenture under the Hands and Seales of the said Surveyor or Surveyors for the time being to transferr the said Proffitts of the said Toll and Levy and to grant and convey the same for any Time or Terme not exceeding Fifteene Yeares unto any Person or Persons that shall or will upon that Security advance any present Su[m]m or Su[m]ms of Money so lent with Interest for the same which said Money so advanced shall be distributed by the Justices att the Quarter Sessions or any Persons giving Security to the said Justices to repaire and amend the said High-way in the Proportions and for the Purposes aforesaid and not otherwise.

Editorial Information

X1 interlined on the Roll.