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GEORGE PLATER, Esquire, Governor.
be as follows, to wit: One fifth of the principal, and all arrears
of interest, shall
be paid on or before the first day of December, seventeen hundred and
ninety-two,
one other fifth of the principal, and the interest upon the whole debt
than
unpaid, on or before the first day of December, seventeen hundred and ninety-three,
and so annually till the whole debt and interest be discharged. |
1791.
CHAP.
LXXVII. |
XII. Provided
always, and be it enacted, That the governor and council
be authorised, when they shall think it necessary, to require new bond
and security
from any debtor who has not installed, to limit a time within which
such new
bond and security shall be given, and if the same be not given within
the time so
limited, they shall direct the said agent to cause process to issue on
the bonds of
such debtors, and their securities, or to proceed on any execution already
issued
and served and suspended, as the case may require, for the whole principal
and
interest due from such debtors. |
Governor, &c.
to require new
bonds, &c. |
XIII. And be
it enacted, That if any of the said bond debtors shall neglect
to make their first payment, or any subsequent payment, agreeably to this
act,
the said agent shall cause process to be issued for the whole principal
and interest
then due, or shall proceed on any execution already issued and served,
and suspended
as aforesaid, as occasion may require. |
Debtors neglecting
to pay
to be sued,
&c. |
XIV. And be
it enacted, That the said agent be authorised to superintend the
collection of all balances due on bonds taken for taxes due before the
first of
January, seventeen hundred and eighty-three; and the said agent shall also
superintend
the collection of all balances due on bonds installed, or otherwise,
for the
emissions of paper money of seventeen hundred and sixty-nine, and seventeen
hundred and seventy-three. |
Agent to superintend
the
collection of
balances on
bonds, &c. |
XV. And be it
enacted, That in all cases where bonds shall be taken in consequence
of this act, the said bonds shall be a lien on all the real property of
the
obligors from the date thereof, or on so much of the said real property
as the
governor and council shall think fully sufficient, to be particularly mentioned
in
a schedule to be annexed to the said bond, in which case it shall be
a lien on the
property continued in such schedule, and no more, such bond and schedule
to be
lodged with the treasurer of the western shore. |
Bonds taken
to be a lien,
&c. |
XVI. And be
it enacted, That in every case where the said agent shall grant
any indulgence to a collector, in virtue of this act, it shall always
be on the
terms of such collector's paying three fifths of the sum required by the
said agent
to be paid by such collector, in specie. |
Indulgence
granted to be
on terms, &c. |
XVII. And be
it enacted, That the said agent shall have power to fix such
days for the sale of property taken on fieri facias, at the suit
of the state, as he
may think proper, always taking care to give twenty days notice thereof. |
Agent to fix
days of sale. |
XVIII. And be
it enacted, That no process shall issue against any of the collectors
aforesaid since the first of January, seventeen hundred and eighty-three,
unless by the direction of the said agent. |
No process to
issue against
collectors, &c. |
XIX. And be
it enacted, That no process shall issue against any debtor on
bond for confiscated British property until the first of September,
seventeen hundred
and ninety-two, except against such debtors as have not installed, and
neglected
to give new bond and security, if required by the governor and council
as aforesaid; and that no process shall issue against any debtor, on bond
or judgment
received on compromise by the late agent, as aforesaid, until the said
first
day of September, except against such as shall neglect to give new bond
and security,
if required by the said agent, as aforesaid. |
Nor against
debtors for
confiscated
property, &c. |
XX. And be it
enacted, That the said agent shall pay into the treasury, in
specie, the amount of all specie by him received in the discharge of the
duties of
this act. |
Agent to pay
in specie, &c. |
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