Bank of England Act 1709
Jurisdiction | UK Non-devolved |
Citation | 1709 c. 1 |
Year | 1709 |
(8 Ann.) C A P. I.
Note : this act is listed in the Chronological Table of Statutes as theBank of England Act, 1709
'CXIII.AND whereas in and by an Act of Parliament made and passed in the seventh Year of her Majesty'sReign (amongst other Things therein contained) it is provided and enacted, That it should and might be lawful to and for the Governor and Company of the Bank ofEngland (in case their general Court should so think fit) to contract and agree at any Time before the last Day of December one thousand seven hundred and nine, with the Lord High Treasurer of Great Britain , to circulate (over and above the Billsundertaken to be circulated by another Act of the same Session therein mentioned) such further Bills not exceeding six hundred and twelve thousand seven hundred thirty-nine Pounds, as should be made forth at her Majesty's Exchequer for her Majesty's Supply: And whereas by Indenture bearing Date the eight and twentieth Day ofSeptember one thousand seven hundred and nine, made between the most Honourable Sidney Earl of Godolphin , then and now Lord High Treasurer of Great Britain , of the one Part, and the said Governor and Company of the Bank of England , of the other Part, reciting, That the said Governor and Company of the Bank of England in a general Court by them holden, did agree to circulate in Exchequer Bills, the Sum of four hundred thousand Pounds, Part of the said Sum not exceeding six hundred and twelve thousand seven hundred thirty-nine, Pounds, it was made known and declared, that in pursuance of the said recited Act of Parliament in that Behalf, they the said Governor and Company of the Bank of England had contracted and agreed, and did by the said Indenture contract and agree with the said Sidney Earl of Godolphin , Lord High Treasurer of Great Britain , to circulate such further and other Bills, for any Sum not exceeding the said Sum of...
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