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Journal of the Maryland Convention July 26 to August 14, 1775
Journal and Correspondence of the Maryland Council of Safety, August 29, 1775 to July 6, 1776

Volume 11, Page 7   View pdf image (33K)
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Proceedings of the Maryland Convention, 1775. 7


this Province, to be repaid out of the first notes of Credit to be
issued by this Convention.

Resolved, That Robert Townsend Hooe, Thomas Ringgold
and James Lloyd Chamberlaine be a Committee to lay out the
said money.
Resolved, That the Lenders of the said money when the
same shall be lent in Bills of Exchange, be paid by the Treas-
urer to be appointed, out of the notes of credit to be issued, at
such Exchange, not less than at the rate of one hundred & fifty
pounds, in Dollars, at seven shillings and sixpence each, for
one hundred pounds sterling, as shall be agreed on between
the Lenders respectively and the said Treasurer. And if they
cannot agree on the Exchange, that then the Treasurer shall
with the said Notes of Credit, purchase good London Bills of
Exchange payable at same sight as expressed in the Receits
given to the respective Lenders, and pay the same to the
Lenders, and that the public Treasurer indorse and be answer-
able, on behalf of the Province for the payment of such Bills
of Exchange.
Resolved, That the Bills of Exchange borrowed for the pur-
poses aforesaid, be drawn or endorsed payable to the said
Robert Townsend Hooe, Thomas Ringgold and James Lloyd
Chamberlaine, or some one of them, and that their or any of
their Receipts for the Money or Bills so lent, shall be a suffi-
cient voucher for the Treasurer's payment of the Money
advanced.
Resolved, That the said Robert Townsend Hooe, Thomas
Ringgold and James Lloyd Chamberlaine, be indemnified for
their Indorsements of the said Bills of Exchange, as well as
any loss they may sustain by negotiating the said Business,
with which they are entrusted, or any expense they may be at
therein.
A Letter from the Virginia Convention with a Resolve of
said Convention therein enclosed was read and ordered to lie
on the Table (No 4)
Ordered that the said Letter and Resolve be taken into con-
sideration early Tomorrow morning.
Convention adjourns till Tomorrow morning 8 o'Clock

Tuesday 1st August.
Met according to adjournment

John Stevens appeared for Caroline County.
John Moale for Baltimore County.
Thomas Sim Lee and John Rogers for Prince Georges
County, and Solomon Wright for Queen Anns County.

C. J.



 
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Journal of the Maryland Convention July 26 to August 14, 1775
Journal and Correspondence of the Maryland Council of Safety, August 29, 1775 to July 6, 1776

Volume 11, Page 7   View pdf image (33K)
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