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Session
Laws
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the Hands of the Commissioners, as shall be proportionable to the
whole Amount of the Bills of Credit Emitted, and in Circulation, and
as shall be proportionable to the Amount of the Bills of Credit to be
brought in as aforesaid, by any Person, to be exchanged for Money.
And Be It Further Enacted, by the Authority aforesaid, That the
Bills of Credit so brought in and exchanged for Money, shall be
destroyed by the said Commissioners, by drawing a Bar cross each of
the said Bills, and writing the Word Vacated, on the Top, Bottom,
or Margin of each Bill; and the same being Signed by the Clerk of
the Commissioners Office, and filing the same on a File or Files to be
kept for that Purpose, by the said Commissioners: And the said Com-
missioners, are required and directed, before the sinking and destroy-
ing of the said Bills, in Manner aforesaid, to compare the said Bills
of Credit so brought in, with their Counter-parts; and cause the
same to be entered in a Book to be kept for that Purpose, with the
Number and Value of each Bill of Credit so brought in: Which said
Proceedings the said Commissioners are hereby directed to make and
pursue, at any Times, besides the Time already appointed by this
Act, within Thirty Days after the Sum of One Thousand Pounds is
brought into the Office aforesaid. And for the better Execution of this
Act, the Commissioners are hereby impowered and directed to employ
one fit and able Person as a Clerk, ( who shall be sworn faithfully to
discharge his Duty) to write and keep the Books and Accounts relat-
ing to their Office; and for the Care and Pains of said Commissioners
and Clerk,
Be It Enacted, by the Authority aforesaid, That each of the said
Commissioners shall receive Sixty Pounds for the First Year, and
Forty Pounds, in Bills of Credit, for every Year afterwards, and
after that Rate for a proportionable Time they shall continue in the
said Office, to be allowed to them in their Accounts. And the Clerk of
the said Office shall have Sixty Pounds per Annum, to be paid in Bills
of Credit, by the said Commissioners; and to be allowed for Printing
the said Bills, Books, Ink, Pens, and Paper, and a House or Room
for an Office, and other necessary Charges, out of the said Bills of
Credit.
And Be It Further Enacted, That in case the said Commissioners,
at any Time, shall not have a Sufficient Value of Bills of Credit in their
Hands, over and above the Bills of Credit to be brought in and de-
stroied, as aforesaid, that then for the clef raying the necessary Charges
aforesaid, it shall and may be lawful for the said Commissioners, or
the major Part of them, to pay and defray the aforesaid Charges,
out of the Monies then in their Hands, arising on the Funds estab-
lished by this Act.
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