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in any Sum or Sums of Money or Tobacco, or any Commodity
whatever, shall, for the better enabling him, her, or them, to pay
and bear the Rates and Assessments herein before respectively
imposed upon him, her, or them, be allowed, by Virtue of this Act,
after the Rate of Five Shillings for every One Hundred Pounds
of all such Sum or Sums of Money, or the Value thereof in Tobacco
or any Commodity whatever, which he, she, or they, shall be so
indebted at the Time he, she, or they, respectively shall be assessed,
by his, her, or their respective Creditor or Creditors, out of the said
Debts, so as aforesaid by him, her, or them, owing as aforesaid,
and may and are hereby enabled to deduct, retain and discount the
same; any Agreement, Bond, Condition, Provision, or other Obliga-
tion, to the contrary in any wise notwithstanding. And all and every
Person or Persons, who are or shall be any Ways entitled to such
Money, Tobacco, or Commodities, are hereby required to allow
such Deductions, upon the Receipt of the Residue of such Money,
Tobacco, or Commodities, as shall be due and payable to them as
aforesaid: And the said Debtors are hereby saved harmless from
any further Payment of the said Money, Tobacco, or other Com-
modity, so as aforesaid to be deducted, as fully and amply as if the
same had been paid to such Creditor or other Person, to whom the
same would otherwise have been due and payable.
LX. And be it further Enacted, That if any Creditor or Creditors,
who are or shall be entitled to such Money, Tobacco, or Commodity
whatever, their respective Agents, Receivers, or Attorneys, shall
refuse, neglect or delay, to allow and discharge the said Money,
Tobacco, or other Commodity, so as aforesaid to be deducted in the
proper Account, in which the same ought to be allowed and deducted,
that then, and for every such Offence, every such Person as aforesaid,
shall suffer and be liable to the same Pains and Penalties, as in Case
of excessive Usury, to be recovered in the same Manner, and to be
applied as herein after directed.
LXI. And whereas considerable Quantities of ready Money,
Goods, Wares, Merchandizes, and other personal Estate (Debts
excepted) Messuages, Lands, and Tenements, Mines of Lead, Cop-
per, Iron, and other Mines, Furnaces, Forges, and other Iron- Works,
Tolls, Annuities, and other yearly Profits and Hereditaments, within
this Province, do or may belong to Persons residing without the
same, either as their sole Property, or in Company with others; and
as it is equitable, that, towards the Defence and Security thereof,
they should be rated and assessed equal with the Property of Persons
resident within the Province; Be it therefore Enacted by the
Authority aforesaid, That all such ready Money, Goods, Wares,
Merchandizes, and other Personal Estate (Debts excepted) Messu-
ages, Lands, and Tenements, and other the Premisses aforesaid, shall
be charged with a Pound-Rate, as herein before directed, in the same
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Pamphlet.
Md.Hist.Soc.
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