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Taxation Act 1692

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XVIII.Proviso for Payment of Tallies of same Date.

Paying subsequent Orders, if first demanded, no undue Preference, if sufficient reserved to satisfy preceding Orders.

Provided always and be it hereby declared That if it happen that several Tallies of Loan or Orders for payment as aforesaid beare date or be brought the same day to the Auditor of the Receipt to be registred then it shall be interpreted no undue preference which of those he enters first so he enters them all the same day Provided alsoe that it shall not be interpreted any undue preference to incur any penalty in point of payment if the Auditor direct and the Clerk of the Pells record and the Teller do pay subsequent orders of persons that come and demand their money and bring their order before other persons that did not come to demand their money and bring their Order in their course so as there 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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