The Upper House. 533

	Principal Names	Securities Names	Principal Sums due on Bond & Mortgage	Interest due
	D.r James Walker.....	.John Howard ........	32.........	2..1I.. 2.	U. H. J.
	John Inch ............	. William Reynolds ....	100.........	4.........	Liber No. 35
	Brian Philpot jun.r....	. Patrick Creagh .......	100.........	4.........	May 8
	John Hammond Dorsey.	. Nathan Hughes .......	100..........
	Nathan Hughes .......	John Hammond Dorsey.	70.........
			£12,757.. 8.. 3..	£ 1873.. 2.. 10.

	Your Committee farther report that by the Act entituled, An Act for emitting & making Current the Sum of £90000 : Current Mony of Maryland in Bills of Credit the Commissioners are impowered to lend upon Security such Sum or Sums of Money as remained in the Office and not particularly applied by that Act under certain Conditions and Limitations therein mentioned whereof one is that the principal Money shall be repaid at such Times and in such Proportions as the Commissioners or Trustees and the Borrower shall agree not exceeding 7 : Years & the Interest of the whole Sum paid every Year; notwithstanding whereof the Comm.r suffer large Sums of Money due to the Public on Bonds to lye in the Hands of the Borrowers by which Means the Public lose not only the Accumu- lation of the Interest, but in many Instances the Principal is in Danger of being lost for Want of bringing Suits on such Bonds in Time. Your Committee further observe that by the said Act, such of the Commissioners or Trustees as shall undertake and execute the said Trust shall be allowed for their Service and Trouble therein
	after the Rate of one hundred Pounds each for the first Year and for every Year after eighty Pounds each, and the same Sum is allowed to their Clerk which they have constantly drawn and paid quarterly, notwithstanding that two of the said Commissioners viz.t Charles Hammond and George Steuart Esq.rs are or have been several Years Interest in Arrear on Sums of Mony borrowed of their said Office in their own Names at the Time they drew such quarterly Payments These Matters your Committee beg Leave to report as being in their Opinion Misbehaviours and Breaches of Duty in the said Comm :rs or Trustees which must in all Probability be attended with great Loss to the Country NB: On the 6.th Day of May 1758: Col: Hammond paid the Interest due on his Bonds. Your Committee having also examined into the Account of Mess.rs William Hunt & John Hanbury relative to that Part of the Trust directed by the Paper Currency Act to be transacted at London do find that the Bank Stock stands in the same State & Condition as reported in April Session 1757 : but by a Letter from the said Hunt and Hanbury dated at London the 10.th of March 1757. and directed	p. 346