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the said Sum of Fifty thousand Pounds so apportioned as above for Relief of mentioned for the Relief of the Island of Tobago, or any Part Tobago to Peror Parts thereof, to such Person or Persons as shall be duly by Act of Legisauthorized by any Act or Acts passed or to be passed by the lature to receive Legislature of the said Island to borrow the same, on the Credit the same; of the Revenues or the public Property thereof, so soon as the said Commissioners of Her Majesty's Treasury shall be satisfied that Repayment of the several Sums so to be advanced, with Interest thereon at the yearly Rate of Four Pounds by the Hundred, is duly secured by some Act or Acts passed or to be passed by the said Legislature of the said Island.

Guiana and

the saine.

IX. And be it enacted, That it shall and may be lawful to and 170,000l. and for the said Commissioners of Her Majesty's Treasury to for British advance and lend the aforesaid Sum of One hundred and seventy Trinidad to thousand Pounds, being the Residue of the Exchequer Bills Persons authoauthorized to be issued under this Act, to the said Commissioners rized to receive for borrowing and raising Monies on the Security of the Revenues of British Guiana, and to the said Agents for borrowing or raising Money on the Security of the Revenues of Trinidad, or either to such Commissioners or to such Agents, in such Proportion or Proportions, and Sum or Sums, as the said Commissioners of Her Majesty's Treasury shall see fit.

X. And be it enacted, That the said Sum or Sums so to be Exchequer Bills advanced and lent in Exchequer Bills to the said Commissioners to be advanced or Agents shall be advanced or lent upon the Security of such and to be repaid, upon Security, Bonds as the said Commissioners or Agents are respectively with Interest, authorized and empowered to issue as aforesaid; and such Bonds as the Treasury shall be made or assigned to such Persons, in trust for Her may require, Majesty, as the said Commissioners of Her Majesty's Treasury shall approve; and the Monies lent upon such Securities shall be made repayable, together with Interest thereon at and after the yearly Rate of Four Pounds by the Hundred, in such Manner as the said Commissioners of Her Majesty's Treasury may under the Terms of the said respective Ordinances require. XI. And be it enacted, That the said Commissioners of Her Treasury to deMajesty's Treasury shall deliver to the Person or Persons to liver Certificates whom any of the said Exchequer Bills shall be advanced as of Amount adaforesaid a Certificate or Certificates under their Hands, or the Persons authoHands of any Three or more of them, specifying the Amount rized to receive of the Sums to be advanced, which Certificate or Certificates the same. shall be respectively numbered and marked in the Course and Order in which the same shall be delivered, and, being deposited with the proper Officer or Officers, shall be a sufficient Authority, without other Warrant, to such Officer or Officers to deliver such Exchequer Bills to the like Amount and Value as shall be therein described.

vanced to the

from Consoli

XII. And be it enacted, That if it shall appear to the said Treasury may Commissioners of Her Majesty's Treasury to be expedient that advance Money all or any Part or Parts of the said several Advances or Loans dated Fund for the Relief of the Island of Tobago, or for the Promotion of instead of in Immigration to British Guiana and Trinidad, or any or either Exchequer of them, should be made by the Issue of Money from the Consolidated

Bills.

Bank of England to open and keep an Account with

the Treasury for the Purposes of

this Act.

11 VICT. solidated Fund of the United Kingdom of Great Britain and Ireland, instead of in Exchequer Bills as aforesaid, in such Case it shall and may be lawful for the said Commissioners of Her Majesty's Treasury, or any Three or more of them, by Warrant or Warrants under their Hands, to direct any Sum or Sums, not exceeding Two hundred and twenty thousand Pounds in the whole, to be issued out of the growing Produce of the said Consolidated Fund of the United Kingdom of Great Britain and Ireland, for the Purpose of making all or any Part or Parts of the several aforesaid Advances, not exceeding the Amount of Fifty thousand Pounds, on the Security of the Revenue of the Island of Tobago, and not exceeding the Amount of One hundred and seventy thousand Pounds towards the Loans to be raised for the Promotion of Immigration to British Guiana and Trinidad, or either of them; and such Sum or Sums shall and may be paid to such Person or Persons, at such Time or Times, and in such Proportions as the said Commissioners of Her Majesty's Treasury shall see fit to direct; and the said Advances so to be made from the said Consolidated Fund shall be issued and paid to the same Person or Persons, and upon the same Security, and subject to the like Conditions and Restrictions, as respects Rate of Interest, and Period and Terms of Repayment, or otherwise, as if the same had been made in Exchequer Bills as aforesaid, and shall be in all respects in lieu of and substituted for the Principal Sums which would have been included in the said Exchequer Bills.

XIII. And be it enacted, That the Governor and Company of the Bank of England shall open and keep an Account in their Books with the said Commissioners of Her Majesty's Treasury, under the Title of the "Tobago Relief and British Guiana and Trinidad Immigration Loan Fund Account," and shall carry to the Credit of such Account the several Monies by this Act directed to be paid by the Cashiers of the said Bank; and whenever the said Commissioners of Her Majesty's Treasury shall have lent any of the Exchequer Bills or Monies out of the Consolidated Fund authorized to be advanced in pursuance of this Act to any Person or Persons, the said Commissioners shall, at some Time before the Time appointed for the Repayment of the Sums contained in the said Bills or so lent, deliver to such Person or Persons, at his or their Request, One

or

more Certificate or Certificates under the Hands of any Three or more of them, specifying the Amount of the Exchequer Bills or Monies advanced to such Person or Persons, and the Amount of the Money to be received on account thereof; and the said Cashiers of the Bank, or One of them, shall, upon the Production of such Certificate or Certificates, receive from the Person or Persons producing the same the Amount of the Money therein mentioned to be receivable, and at the Foot of such Certificate or Certificates shall acknowledge the Receipt of the said Money, without Fee or Reward; and every Receipt so given as aforesaid shall be afterwards brought to the Office of Her Majesty's Exchequer, and shall be there entered in

proper

proper Books, to be provided and kept for that Purpose by the Comptroller of the Exchequer; and the said Comptroller shall attest the same under his Hand, and return the same to the Person or Persons producing the same at the said Office; and every such Receipt so attested, and every such Entry in any of the said Books, shall thenceforth be a valid and effectual Acquittance and Discharge for the Sum or Sums expressed therein to have been received.

form Part of

XIV. And be it enacted, That all Sums of Money which Repayments shall be paid into the Bank of England under this Act shall be under this Act transferred to the Account kept at the Bank of England with into the Bank to Her Majesty's Exchequer as "Repayments of Tobago Relief Consolidated and British Guiana and Trinidad Immigration Loan Advances," Fund. to be carried to and form Part of the Consolidated Fund of the United Kingdom of Great Britain and Ireland on the Books of the Comptroller General of Her Majesty's Exchequer.

XV. And be it enacted, That the Commissioners of Her Majesty's Treasury shall cause to be prepared, and shall lay before both Houses of Parliament within Fourteen Days next after the Fifth Day of January in every Year, if Parliament shall be then sitting, and if not then within Fourteen Days next after the Beginning of the next Session of Parliament, an Account of all Sums advanced to the said Islands of Tobago or Trinidad, or to the Colony of British Guiana, under this Act, and also an Account of all Sums repaid by reason of such Advances, with the Interest paid thereon, made up for the Year ended the Fifth Day of January.

Accounts to be
Parliament.

laid before

XVI. And be it enacted, That this Act may be amended or Act may be repealed by any Act to be passed in this Session of Parliament. amended, &c.

CAP. XXIII.

An Act to alter and amend an Act passed in the Third
Year of the Reign of His Majesty King George the
Fourth, intituled An Act to incorporate the Contri-
butors for the Erection of a National Monument in
Scotland to commemorate the Naval and Military
Victories obtained during the late War.

[9th June 1848.]

WHEREAS an Act was passed in the Third Year of the Reign of His late Majesty King George the Fourth, 'intituled An Act to incorporate the Contributors for the Erec- 3G. 4. c. 100. tion of a National Monument in Scotland to commemorate the Naval and Military Victories obtained during the late War, under the Provisions of which Act various Parties Contributors were incorporated under the Name of "The Royal Asso"ciation of Contributors to the National Monument of Scot"land;" and a Capital not exceeding Fifty thousand Pounds was authorized to be raised by Subscription and Contribution, for the Purpose of erecting a Building of ornamental Archi⚫tecture

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Objects of Monument made more comprehensive.

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Monument.

Power to raise additional Funds.

Amount of
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'tecture appropriate to the Objects and Uses of a National Monument for Scotland, with a Church or Place for Divine Worship connected therewith, and Places of Sepulture beneath or connected with the same: And whereas a Site on the Calton • Hill of Edinburgh was granted to the said incorporated Contributors for the Erection of the said National Monument by the Lord Provost, Magistrates, and Town Council of the City of Edinburgh, and a Portion of the said Capital Sum was raised and expended in the Erection of Part of the said Monument, according to Plans thereof adopted by the Direc'tors or Committee of Management, and sanctioned by General Meetings of the said Association; but the Progress of the said Work has for a considerable Period been interrupted by the • Want of the necessary Funds and by other Obstructions to its • Prosecution: And whereas, in order to the renewed Prosecution and Furtherance of the said Work, it is expedient that the destined Objects of the said Monument should be made in 'some respects more comprehensive, and in other respects be altered, and that the Sum authorized to be raised for its Construction should be increased, and that the Provisions for 'carrying out the Purposes of the Subscribers and Contributors should in regard to these and in other Particulars be amended:' But as these Purposes cannot be effected without the Aid and Authority of Parliament, May it therefore please Your Majesty that it may be enacted; and be it 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 from and after the passing of this Act the said National Monument of Scotland shall no longer be restricted in its Objects to those specified in the said recited Act, but that the said Monument shall on its Completion be devoted to the Purpose of a Receptacle or Gallery for Monumental Busts and Statues or other Memorials of great and distinguished Persons of all Nations and Periods.

II. And be it enacted, That the Plan and Design of the said National Monument, in its external Architecture and in its internal Decoration, shall be such as has been already adopted by the said Directors or Committee of Management, and been approved of by the said Association: Provided always, that it shall be competent to the said Directors or Committee or to the said Association to make such Alterations upon the Details of the said Plan from Time to Time as may seem expedient.

III. And be it enacted, That it shall and may be lawful to and for the said Association of Contributors, for the Purposes aforesaid, to raise and contribute amongst themselves, or by Subscription or Contribution of others, any Sum or Sums of Money not exceeding in the whole the Sum of One hundred and fifty thousand Pounds, in addition to the Monies authorized to be raised under the said recited Act.

IV. And be it enacted, That all and every such Person or Persons, Bodies Politic, Corporate, or Collegiate, who may have

subscribed

subscribed or shall subscribe to the Amount of Five Pounds Qualification of Sterling each, whether towards the Capital authorized to be Membership. raised by the said recited Act or by this Act, and whether in One Payment or to be paid by such Instalments as may be required by the Committee of Management of the said Association, and their several and respective Successors, Executors, Administrators, and Assigns, shall be Members of the said Association, with all the Powers conferred by the said recited Act, and each Subscription to the Amount of Five Pounds shall constitute a Share in the Association; and 'the respective Subscribers shall be entitled to hold as many Shares in the same as they may hold Subscriptions therein to the Amount of Five Pounds.

V. And be it enacted, That the said Association shall be Contributions entitled to accept of Subscriptions and Contributions from any under 51. may Person or Persons, Body or Bodies Politic, Corporate, or Col- be received. legiate, to a less Amount from each than Five Pounds Sterling, but such Subscriptions and Contributions shall not entitle the Subscribers or Contributors to be Members of the Association, but shall be considered to be Donations only.

VI. And be it enacted, That the Shareholders present at No Party to stated General and Special Meetings under the said recited Act have more than Twenty Votes. shall have a Vote for each Share held by them, but that such Shareholder shall not be entitled to exercise more than Twenty Votes, although possessed of more than Twenty Shares in the said Undertaking; and every Shareholder who is Proprietor of Five or more Shares, and who cannot attend such stated General and Special Meeting, shall be entitled to vote by Proxy for every Share held by such Shareholder, not exceeding Twenty Shares in the whole, although possessed of more than Twenty Shares in the said Monument, in the same Manner as is provided in regard to such voting in the said recited Act.

VII. And be it enacted, That the just and necessary Expenses Expenses of of all Meetings of the said Association shall be defrayed from Meetings. the Funds of the said Association.

VIII. And be it enacted, in regard to all General Meetings Notice of of the said Association held under the Provisions of the said General Meet

recited Act, That Eight Days previous Notice, by Advertise- ings.
ment in any One or more of the Newspapers published in Edin-
burgh, of such Meetings, shall be sufficient for the Purposes of
the said Act and of this Act.

IX. And be it enacted, in regard to the Meetings of the Notice of MeetCommittee of Management of Directors, That Notice given by ings of Comthe Secretary at least Three Days before any such Meeting shall mittee. be sufficient for the Purposes of the said recited Act and this

Act.

X. And be it enacted, That no Person shall be eligible as Qualification an ordinary Director or a Member of the Committee of Manage- of Directors. ment of the said Association who is not possessed of at least Five Shares in the said Association: Provided always, that the Lord Provost for the Time being of the City of Edinburgh, or

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