296 Assembly Proceedings, Sept. 21-Oct. 29, 1742.

U. H. J.

Read the second time the Bill Entituled An Act for laying out and
Erecting a Town at a Place called Long Point on the West Side of
North East River in Cecil County; passed & sent by Col Gale

p. 46

Adjourned till 3 of the Clock in the Afternoon

Eodem Die post Meridiem
This house met again according to Adjournment

Present as in the Morning

Coi Gale from the Committee appointed to inspect the Accounts
and proceedings of the Comm^rs of the Paper Currency Office brings
into the House the following Report

At a Committee of Both Houses appointed to inspect the Office
and Proceedings of the Comm^rs for emitting Bills of Credit
established by Act of Assembly. 26 Octo^r 1742

Present
The honble Levin Gale Esq^r of the Upper house

Col Thomas Colvill | of the
Captⁿ Rich^d Caswall | M^r Grundy Pemberton | Lower
Captⁿ Thomas Sheredine | M^r James Weemes | House

Who make Choice of the honble Levin Gale Esq^r Chairman and
William Ghiselin Clerk, and agree to make the following Report
Your Committee have carefully inspected the State of the Office
for emitting the Paper Money, and find the same in good Order, and
that the Comm^rs or Trustees have closed their Account of the Iron
Chest to the 9th day of Septem^r 1742. Ballance therein £5836: 5: 0 3/4
That there still remains in the Office unsigned Bills for £2078.. 1 5...0
Part of the 8999o£ Principal Stock which makes the whole Ballance
of the said Principal Stock not lent out or applied 7915:00:43/4
whereof £4795: 00: 3 is appropriated to particular Uses, and

p. 47

3120:00: 1 3/4 remains unappropriated of the Principal Stock as by
the annexed Account appears.
Your Committee further signify that at the Desire of the Comm^rs
Your Committee did count over and see destroyed & burnt to Ashes
by the said Comm^rs the following torn and defaced Bills Viz. 45
Bills of 20^s Each, 39 Bills of 15^s Each, 124 Bills of 10^s Each, 191
Bills of 5^s Each, 200 Bills of 2^s 6^d Each, 625 Bills of I^s 6^d Each and
786 Bills of I^s Each amounting in the whole to two hundred and
Ninety five Pounds three shillings and Six Pence
Your Committee further signify that there is no Return of an
Account from M^r Roger Matthews for the Money he received as
Agent for Baltimore County