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324
upon the best and most favourable terms that can
be obtained, provided that the interest on such
inscribed stock shall not exceed four pounds per
centum per annum.
26.
All the inscribed stock which may be
created under the provisions of this Ordinance
shall be redeemable at par on a date to be named
in that behalf by the Crown agents when issuing the
stock, such date not being later than sixty years
from the date of issue, from and after which date
all the interest on the principal moneys represent-
ed thereby shall cease and determine, payment of the principal shall have been demanded
or not.
whether
1. Jo be. 99).
Dr. 10430
NOUN DAIvor
ode of providing for the payment of interest on inscribed
tock.
Vode of providing CALOja LeurTfor payment of prin-
cipal of inscribed
stock.
26.
So long as any of the inscribed stock
shall remain unredeemed, the Governor shall, in each half-year ending with the day on which the interest on such inscribed stock falls due, appropriate out of the general revenues and assets of the Colony a sum equal to one half year's interest on the whole of such inscribed stock, and shall remit that sum to the Crown Agents at such time as will enable them to pay thereout the then current half-year's interest án
the day when it falls due.
27.
After the date specified in the
Ordinance authorising an issue of inscribed stock as that on which the contribution to the
the Governor shall sinking fund shall commence, further appropriate out of the said revenues and assets in each half-year ending as aforesaid an additional sum for the formation of a sinking
fund of not less than ten shillings per centum
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