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Baronies in Galway, and Two Baronies in Roscommon, to pay a Sum equal to Interest on Advances in certain Events.
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VIII. And be it enacted, That if any Monies shall be borrowed by the said Railway Company under the Provisions of this Act, then so long as any Part whatever of the Principal Monies borrowed shall remain unpaid, and as from the Time of any such Loan or Loans respectively, a Sum equal to One Pound Fifteen Shillings per Cent. on the Sum or Sums originally borrowed shall (subject as after mentioned) be paid half-yearly to the said Railway Company by the Barony of Moycarn and the Barony of Athlone in the County of Roscommon, and by all the several Baronies and Half Baronies in the County of Galway and by the County of the Town of Galway, all in that Part of the United Kingdom of Great Britain and Ireland called Ireland, rateably and in the Proportions to be ascertained as after mentioned: Provided nevertheless, that if after the said Railway from Athlone to Galway, or any Part thereof, shall have been opened, there shall be any Profit made by such Railway in any Half Year (such Profit to be ascertained as after mentioned), then the Amount thereof shall be deducted from the half-yearly Amount which would otherwise be payable by such Baronies and Half Baronies and County of the Town of Galway; and if such Profit shall equal or exceed the Amount so to be paid, then no such Payment shall be made.
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