There shall be paid to Robert Chisenhall Hamerton, of Wellington, Esquire, lately holding the office of Public Trustee, out of the Consolidated Fund an annual sum of two hundred and fifty pounds, for the term of his natural life, commencing from the twenty-seventh day of August in the present year, and payable monthly on the first day of each month in each year; and the first of such payments shall commence and be made on the first day of October, one thousand eight hundred and ninety-one.