Interest at VI. And be it enacted, That all Charges so made, or to be Three per Cent. made as aforesaid, shall be valid, notwithstanding Interest after may be charged the Rate of Three Pounds per Centum per Annum has been or by Exchequer Loan Commis- may be charged by the said Public Works Loan Commissioners en sioners. Commissioners to appoint Trustees of Monies secured upon charitable and religious Trusts. Trustees to invest the Monies award ed to them for the Amount of Monies paid or to be paid by them, from the Dat of Payment thereof up to the Time of making up the Accounts, as by the said Act is directed, and from which Period the several Annuities charged or to be charged upon the said Counties respectively are to become payable, although the Rate of Interest charged or to be charged upon such Monies is not specified in the aforesaid Act. VII. And whereas the Interest of and in divers Sums Money charged or secured upon the Tolls of certain Turnpike Trusts has been heretofore conveyed to or vested in Trustees in trust to apply the Proceeds thereof to certain charitable and other Purposes of a public Nature: And whereas in some Cases the Trustees of Turnpike Roads have heretofore acted as the 'Trustees of such Sums of Money so secured, and in some Case the Deeds by which such Trusts were constituted have been lost, or the Trustees originally appointed have died, and no new Appointment of Trustees has since been made, or the Perso in whom the legal Interest in such Monies is now vested have 'become incapacitated, or are desirous to be relieved from the 'Burden of such Trusts; and it is expedient that Provision should be made for the better securing of such Monies to the Use and Purposes to which the same were intended and of Right ought to be applied;' be it therefore enacted, That, subject to the Provisions of any general Act which may hereafter be passed for the Regulation of Charitable Trusts in England and Wales it shall be lawful for the Commissioners acting in execution of the said recited Act, in any Case in which they shall find that Monies have been secured upon the Tolls of any Turnpike Trast in South Wales upon any such charitable or public Trust as afore said, for the Execution of which Trust no Trustees, or no Persons legally qualified or competent to act as Trustees, or no sufficient Number of such legal and competent Trustees, exist, by Order under their Hands and Seal to appoint or substitute such fit and proper Persons as they shall determine to be the Trustees, either alone or jointly with any former or existing Trustees, for the Purpose of receiving and applying such Monies as aforesaid to the several charitable or public Purposes to which the same were intended to be and have heretofore been applied, such Purposts in each Case to be specified in such Order of the said Commis sioners, and also by such Order to relieve and discharge any Persons now being Trustees of any such Trusts as aforesaid, and who shall be desirous to be so relieved and discharged from the same, and to appoint other fit and proper Persons in their Stead; and in every such Case the Order of the said Commissioners s made as aforesaid shall be a good and valid Appointment or Dis charge, as the Case may be, of such Trustees, without any Deed or Instrument whatsoever. other VIII. And be it enacted, That such Trustees so appointed s aforesaid, so soon as they shall have received such Monies as shall be awarded to them by the said Commissioners, shall forthwith invest the same in the best and most advantageous Manner for the the Benefit of Uses and Purposes of such Trusts respectively, regard being had the Trust. as well to the Nature of the Security by which such Principal Monies may be assured as to the Rate of Interest payable on the same. vary the Limits IX. And whereas by the said first-recited Act it is amongst Secretary of other things enacted, that no Toll shall be taken, and that no State empowerMoney arising from Tolls on any Turnpike Roads shall be laid ed to extend or out in paving, repairing, or cleansing any Street, Road, or of Towns after Highway within the Limits of any City or Market or Borough the Commission Town for which there shall not be any local Act, and which has terminated. said Limits shall be fixed and determined, for the Purposes of this Act, with respect to every such City or Market or Borough ¡Town respectively, by the said Commissioners, upon the Report and Recommendation of the County Roads Board acting in and for the County to which any such City or Market or Borough Town shall belong: And whereas the Limits of the several Cities and Market and Borough Towns which are subject to the Powers and Provisions of the said Act have been fixed and determined f by the said Commissioners in the Manner by the said Act prescribed; but it is expedient that Power should be vested in some competent Authority to vary or extend such Limits in any particular Case, from Time to Time, as Circumstances may require; be it enacted, That after the Termination of the said Commission it shall be lawful for One of Her Majesty's Principal Secretaries of State, if he shall think fit, by Order under his Hand, upon the Recommendation of the County Roads Board acting in and for the County to which any such City or Market or Borough Town shall belong, from Time to Time to vary or extend the Limits which shall have been fixed and determined for the same respectively by the said Commissioners as aforesaid. any respecting Toll through any a X. And whereas by the said recited Act it is enacted, that Repeal of Part from and after the Repeal of the said local Acts respectively, of 7&8 Vict. when any Toll shall have been once taken in respect of c. 91. s. 52. Horse or other Animal not drawing, or of any Horse or other 'Animal drawing any Carriage or Vehicle, at any Toll Gate or Bar within any of the said Counties, no Toll shall be thereafter 'taken in respect of the same Horse or other Animal, or in respect of the same Carriage or other Vehicle, on the same Day (to be computed from Twelve of the Clock of the Night to Twelve of the Clock in the next succeeding Night), for repassing through the same Gate or Bar, or for passing or repassing through any other Gate or Bar in the same County within the Distance of 'Seven Miles from the Gate or Bar at which such Toll shall have been taken, such Distance being measured along Turnpike Roads only, nor for passing or repassing through any Gate or Bar in any ' other of the said Counties adjoining within the Distance of Two 'Miles from the Gate or Bar at which such Toll shall have been 'taken, to be measured as aforesaid, along and in respect of Turn'pike Roads within either of such Counties, nor within One Mile, measured as aforesaid, from the Boundary of such Counties;' be it enacted, That so much of the said recited Act as enacts that no such Toll as last mentioned shall be taken for passing or repassing through any Gate or Bar, within One Mile, measured Waggons on Springs not to be liable to Toll as Cara vans. County Roads may carry out ment under 11 G. 4. & 1 W. 4. c. 16. County Roads vested Interest measured as aforesaid, from the Boundary of such Counties, shail be and the same is hereby repealed. XI. And whereas Doubts have arisen as to the Description d Carriages which may be liable to Toll according to the Provisions of the said recited Act under the Denomination of Caravans: be it enacted, That no Waggon, Wain, Cart, or other such like Carriage shall be liable to Toll as a Caravan by reason of its being constructed on Springs, unless the same shall be customary employed in the Conveyance of Passengers for Hire. XII. And whereas under and by virtue of an Act passed in 'the Eleventh Year of the Reign of King George the Fourth, 'intituled An Act for inclosing Lands within the several Parishes of Kidwelly, St. Mary Kidwelly, Saint Ishmael, and Pembrey, in the County of Carmarthen, a certain Agreement was entered into between the Commissioner for carrying out the said cosure and the Trustees of the Kidwelly Trust, for constructing 'Line of Turnpike Road along a certain Embankment acrost 'Gwendraeth Fawr River in the said County: And whereas sai. 'Agreement has been only partially carried into effect: And 'whereas the Act constituting the said Kidwelly Trust has bee ' recently repealed under the Powers conferred by the here before first-recited Act: And whereas it is expedient to vest in 'the County Roads Board of the said County Power to complete and carry out the said Agreement in like Manner as it migh have been had the said Kidwelly Trust continued to exist; be it therefore enacted, That the said County Roads Board of the said County may, if they shall think it expedient so to do, complete and carry out the said Agreement with the Commissioner acting under the Kidwelly Inclosure Act, in like Manner as the Trustees of the Kidwelly Turnpike Trust might have done; and that such Road along the said Embankment, when completed, shall beco and be a Part of the County Roads of the said County of Car marthen. bave XIII. And whereas the carrying into execution the said cited Act will cause several of the Toll Houses now or lately rested dispose of their in the Trustees of the several Turnpike Trusts in South Wales 'to become useless for the Purpose of Toll Houses: And whereas the pulling down and disposing of the same, according to the Provisions of general Turnpike Acts, would be attended with 'great Loss to the several Counties in which the same are situate, and many of the said Toll Houses may be disposed of and lett 'standing without Injury to any Parties; be it therefore enacted, That the several County Roads Boards in South Wales in whom any Freehold or other Interest in such Toll Houses become vested may make Sale of or otherwise dispose of such Interest, any thing in the said general Turnpike Acts or in any other Act to the contrary notwithstanding: Provided always, that the said County Roads Boards, before they shall proceed to dispose of any such Toll House shall cause their Interest in the same to be valued by some indifferent Surveyor; and in case their Interest in the same shall be any Interest less than Freehold such Interest shall be first offered at the Price which the said Surveyor shall have put upon the same, to the Person to whom such Freehold shall belong, or if their Interest in the same shall be a Freehold may Interest nterest, then to the Owner of the Lands surrounding such Toll House, or to the Lord of the Manor, in case such Toll House shall ave been built upon the Waste; and in case any of the said Parties respectively to whom such Right of Pre-emption may elong shall not within One Month after such Offer made consent o purchase the same, or in case such Toll House shall adjoin the ands of Two or more Owners, or shall not stand upon the Vaste of any Manor, then the County Roads Boards may proceed dispose of the same by Auction, or in such other Manner as ley shall deem most expedient. XIV. And be it enacted, That the Words used in this Act Interpretation all be construed according to the same Rules of Interpretation of Act. are prescribed in the said recited Act. XV. And be it enacted, That this Act may be amended or Alteration of pealed by any Act to be passed in this Session of Parliament. SCHEDULES to which the foregoing Act refers. SCHEDULE (A.) 1.-A Piece of Road leading out of the present Turnpike Road rom Llandowror to Haverfordwest, at or near a Place called favernspite in the County of Pembroke, and joining a certain ther Turnpike Road leading from Llandowror to Hobbs Point, at near a Place called the Red Roses, in the County of Carmarthen. 2.-A Piece of Road lying between Carmarthen Bridge and the Toll Gate now called Pensarn Gate. 3.-A Piece of Road lying between the Northern End of the Bridge over the Towey at or near Llangathen and the main Road from Carmarthen to Llandilo Fawr near the Broad Oak. 4.-So much of the Road leading from Carmarthen to Lampeter as lies between the main Turnpike Road from Carmarthen to Llandilo and Glangwilly Bridge. SCHEDULE (B.) 1.-A Portion of the Turnpike Road between the Towns of Brecon and May, of the Length of Half a Mile or thereabouts, and lying within the County of Radnor, as Part of the County Roads of the County of Brecknock. 2-All those Parts of the Turnpike Road leading from Neath to Merthyr Tydvil towards Abergavenny, as far as Rhydyblew, which lie in the Counties of Brecknock and Monmouth respectively, as Part of the County Roads of the County of Glamorgan. 3.-Two several Portions of Turnpike Road lying in the County of Hereford, and situate respectively between the Termination of the Mortimer's Cross Trust and New Radnor, and also so much of the Turnpike Road between Knighton and Walton as lies in a certain detached Part of the County of Hereford, as Parts of the County of Radnor. Act. 8 & 9 VICT. Kk CAP. CA P. LXII. 56 G. 9. c. 60. When any Dividends on Stock have remained un claimed for Ten Years, the same to be paid to the Commissioners for the Reduction of National Debt. Payment of such Dividends to Claimants to be directed as in other Cases. Notice to be An Act to make further Provisions as to Stock and Dividends an Act passed in the Fifty-sixth Year of the Reign of His late Majesty King George the Third, intituled 'An Act to authorize the transferring Stock upon which Dividendi 'shall remain unclaimed for the Space of at least Ten Years et 'the Bank of England, and also all Lottery Prizes or Benefits and Balances of Sums issued for paying the Principals of Stocks or Annuities which shall not have been demanded for the sant Period, to the Commissioners for the Reduction of the National Debt, Provision is made for transferring all Capital Stock in respect of which any Annuities constituting Part of the National 'Debt are payable at the Bank of England, and upon or in respect of which the Dividends shall be due and remain unclaimed for the Space of Ten Years, and the Balances of Sums issued for paying the Principals of Stocks or Annuities which shall not have been demanded for the same Period, to the Commissioners for the Reduction of the National Debt; and by the said Act 'Provision is made for enabling Parties entitled thereto to procure a Re-transfer of such Stock, and Payment of the Dividends de 'thereon; and it is necessary to make further Provisions in rel tion thereto :' Be it therefore enacted by the Queen's most Excellent 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 in every Case in which any Dividends or Dividend accrued due on any Stocks, Funds, or Annuities constituting any Part of the National Debt, and transferrable at the Bank of England, shall not have been demanded for the Period of Ten Years or upwards preceding the last Day upon which any Dividend shall have become due or payable upon or in respect of the same Stocks, Funds, or Annuities, such Dividends or Dividend, and all other Dividends since accrued in respect of the same Stocks, Funds, or Annuities. shall immediately after the Expiration of such Period of Ten Years be paid to the Account of the Commissioners for the Time being for the Reduction of the National Debt, and shall be by them invested in the Manner directed by the said recited Act with respect to the Dividends upon Stocks, Funds, and Securities transferred to the said Commissioners in the Manner therein men tioned; and it shall be lawful for the Governor or Deputy Governor for the Time being of the Bank of England, or for the High Court of Chancery, to direct the Payment of such Dividends to any Persons or Person claiming to be entitled thereto, in the same Manner in all respects as is by the said Act directed with respect to the Stocks, Funds, and Securities transferred to the said Commissioners as therein mentioned. II. And be it enacted, That no Re-transfer of any Capital Stock given by Adver- exceeding the Sum of Twenty Pounds, or of any Terminable tisement before Annuities exceeding One Pound per Annum, shall be made from Re-transfer or the Account of the said Commissioners under the Authority of the Payment of any Stock or Divi- said recited Act to any Persons or Person, nor shall Payment be made under the Authority of the said recited Act, or of this Act, dends to any Claimant. of |
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