|
|
For Payment of Debt to Sir T. Deane.
|
14. ‘And whereas a Sum of Three thousand seven hundred and seventy-nine Pounds Nine Shillings and One Penny is due to Sir Thomas Deane, connected with Works executed by him in respect of the Improvement of the Port of Limerick, which Debt stands in priority of the said Charge of Two hundred and thirty thousand Pounds upon the Harbour Rates; but, notwithstanding such Priority, Payments have been made to Her Majesty’s Exchequer in reduction of the Public Debt: And whereas, without discharging the Debt so due to the said Sir Thomas Deane, the Annuities hereby made chargeable upon the Harbour Tolls, Rates, and Dues, and upon all Land and Property of the Harbour Commissioners, could not in Equity form the First Charge upon the same,’ it shall therefore be lawful for the said Public Works Loan Commissioners, and they are hereby empowered, in addition to the said Sum of Twenty thousand Pounds, and subject to the same Conditions in regard to Repayment, to lend to the said Harbour Commissioners, under the Powers of the said Act of the Twenty-ninth and Thirtieth Victoria, Chapter Seventy-two, a Sum not exceeding Three thousand seven hundred and seventy-nine Pounds Nine Shillings and One Penny, to be by them, applied in Payment of the Sum so due to the said Sir Thomas Deane in priority to any Part of the said Sum of Twenty thousand Pounds being borrowed by the said Harbour Commissioners.
|
