The Sun.
London, England, 1846-04-08 00:00:00

By FORMER ACT.

Whereas an Act was passed in the second year'of the reign
of her present Majesty Queen Victoria, intituled, "An Act to
provide for the custody of certain monies paid in pursuance
of the standing orders of either House of Parliament, by
subscribers to works or undertakings to be effected under the
authority of Parliament:" And whereas it is expedient that
the said Act should be repealed and should be re-enacted,
with such modifications, extensions, and alterations as after-
mentioned; be it therefore enacted, by the Queen's most ex-
cellent Majesty, by and with the advice and consent of the
Lords Spiritual and Temporal, and Commons, in this present
Parliament assembled, and by the authority of the same,
that the said Act shall be and is hereby repealed: Provided
always 116't rt° 11r:twig-Ma 12CM*19M..Q1 JAC paid
A.„, bat e goo .va „..
ppo
se , and that all sums of money paid under the provisions
01 ui ,attl Act atiatil ho dealt with in all respects as if this
Act had not been passed.
AUTHORITY TO DEPOSIT.
And be it enacted, that in all cases in which any sum of
money is required by any standing order of either Muse of
Parliament, either now in force or hereafter to be in force,
to be deposited by the subscribers to any work or under-
taking which is to be executed under the authority of an
Act of Parliament, if the director or person or directors or
persons having the management of the affairs of such work
or undertaking, not exceeding five in number, shall apply to
the Chairman of the Committees of the House of Lords,
with respect to any such money required by any standing
order of the Lords Spiritual and Temporal, in Parliament
assembled, or to the chief clerk of the Private Bill-office of
the House of Commons, with respect to any such money re-
quired by any standing order of the Commons in Parliament
assembled to be deposited, it shall be lawful for such chair-
man or such chief clerk, by warrant or order under his hand,
to direct that such sum of money shall be paid in manner
hereinafter mentioned; that is to say, into the Bank of Eng-
land, in the name and with the privity of the Accountant-
General of the Court of Chancery in England, if the work
or undertaking in respect of which the sum of money is re-
quired to be deposited is intended to be executed in that part
of the United Kingdom called England, er into any of the
banks in Scotland established by Act of Parliament or Royal
Charter, in the name and with the privity of the Queen's
Remembrancer of the Court of Exchequer in Scotland, at
the option of the person or persons making such application
as aforesaid, in case such work or undertaking is intended.
to be executed in that part of the United Kingdom called
Scotland ; or into the Bank of Ireland, in the name and
with the privity of the Accountant-General of the Court of
Chancery in Ireland, in case such work or undertaking is
intended to be made or executed in that part of the United
Kingdom called Ireland ; and such warrant or order shall
be a sufficient authority for the Accountant-General of the
Court of Chancery in England, the Queen's Remembrancer
of the Court of Exchequer in Scotland, and the Accountant-
General of the Court of Chancery in Ireland, respectively,
to permit the sum of money directed to be paid by such
warrant or order to be placed to an account opened or to be
opened in his name in the bank mentioned in such warrant
or order.

PAYMENT OF DEPOSIT.
And be it enacted, that it shall be lawful for the person or
persons named in such warrant or order, or the survivors or
survivor of them, to pay the sum mentioned in such warrant
or order into the bank mentioned in such warrant or order,
in the name and with the privity of the officer or person in
whose name such sum shall be directed to be paid by such
warrant or order, to be placed to his account there, ex parte
the work or undertaking mentioned in such warrant or order,
pursuant to the method prescribed by any Act or Acts for
the time being in force fer regulating monies paid into the
said courts, and pursuant to the general orders of the said
courts respectively, and without fee or reward; and every
such sum so paid in, or the securities in or upon which
the same may be invested as hereinafter mentioned, or the
stocks, funds, or securities authorised to be transferred
or deposited in lieu thereof as hereinafter mentioned,
shall there remain until the same, with all interest and divi-
dends, if any, accrued thereon, shall be paid out of such bank,
in pursuance of the provisions of this Act : Provided always,
that in case any such director or person, directors or persons,
having the management of any such proposed work or un-
dertaking as aforesaid, shall have previously invested in the
Three per Centum Consolidated or the Three per Centum
Reduced Bank Annuities, Exchequer-bills pr other Govern-
ment Securities, the sum or sums of money required by any
such standing order of either House of Parliament as afore-
said, to be deposited by the subscribers to any work or under-
taking which is to be executed under the authority of an
Government Stocks
Act of Parliament, it shall be lawful for the person or persons
named in such warrant or order, or the survivors or survivor
may
yrman of
mofenthtesmec,
utriotidesepionsitth
esußchanEk xmcheengttitoenr-bills osruochthweraGorravnetrnor-
purchased by
order, in the name and with the privity of the offi;cearnodrspuecri:
son in whose name such sum shall by such warrant or order
bro.cer s certi-
be, in
aforesaid
or
rea
Fundsns directedfe transferor
orindtteoop beotshi
deposit
sanhi
adam, l
loerbotefo
directedtt rhaen so fffie resbeuryc htohre
psaeirrlle
committees, or the said chief clerk, as the case
lieu of payment of so much of the sum of money required to
be deposited as aforesaid, as the same Exchequer-bills or
other the GovernmenkStocks or Funds will extend to satisfy,
the the price at which the same were originally
the said person or persons, director or directors, aa
such price to be proved by production of the ,
i ,
ficate of such original purchase.

seeriin the name of
INVESTMENT OF DEPOSIT.
been paid,
And be it enacted, that if the person or persons named •
such warrant or order, or the survivors or survivor of them,in
desire to have invested any sum so paid into the Bank of
England or the Bank of Ireland, or any interest or dividend
which may have accrued on securitiesanyGostov.cekrnsmorent
so
torraSn
may, on a petition presented to such Court in a
summary
wfe rhroesde or
cdceopuons
ti taendt as aforesaid,
the stahnei e Court a
y have
way by him or them, order that such sum or such interest or
dividends shall, until the same be paid out to the parties en-
titled to the same in pursuance of this Act, be laid out in the
Three per Centum Consolidated or Three per Centum Re-
duced
f the aforesaid person or
curities at the option o persons, or
the survivor or survivors of them.
REPAYMENT OF DEPOSIT.
Bank Annuities, or any

----
And be it enacted, that on the termination of the session
of Parliament in which the petition or Bill for the purpose of
making or sanctioning any such work or undertaking shall
of
asnuych warrant or order, h
have been introduced into Parliament, or if such petition
foregoingpetitionor
Bill shall be rejected or finally withdrawn by some proceed-
i, or the majority of such
ing in either Rouse of Parliament, or shall not be allowed to
proceed, or if the person or persons by whom the said money
was paid or security deposited shall have failed to present a
petition, or if an Act be passed authorising the making
of
osuchcases
the
the w
s survivors
rkpv
person
00In
oo
rr
survivor
ur v personsiundertaking,vo roandnamedft
hi fe
them,
nn
persons, apply by petition to the Court in the name of whose
Accountant-General the sum of money mentioned in such
warrant or order shall have been paid, or such Exchequer-
bills, Stocks or Funds shall have been deposited or trans-
f.orred as aforeiaid, or to the Court Of Exchequer in Scotland,