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Proceedings and Acts of the General Assembly, 1758-1761
Volume 56, Page 307   View pdf image (33K)
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The Lower House. 307


In the first Enacting Clause, leave out the Word Tobacco through-
out; and also leave out the following Words in the same Clause,
after the Word whatever, viz. than Five Pounds of Tobacco for
the Forbearance or Interest of One Hundred Pounds of Tobacco
for one whole Year, and so in Proportion for a greater or lesser
Quantity or Time; and also after the Word Province, and before
the Word Five, in the said Clause, insert the Word (than;) and
add between the Word Time and any, in the said Clause, the follow-
ing Words, viz. (In case the said Interest shall be paid or tendered
by the Debtor to the Creditor, at the Time and Times when the
Payment thereof shall be referred by the Contract of the Parties.)

In the second Enacting Clause, leave out the Word Tobacco
throughout, and also the following Words, viz. Five Pounds of
Tobacco for Forbearance or Interest of One Hundred Pounds of

L. H. J.
Liber No. 51
April 9

Tobacco, and leave out also the Word respectively.
In the third Enacting Clause, leave out the Word Tobacco
throughout, and also leave out the following Words, Pounds of
Tobacco for the Interest and Forbearance of One Hundred Pounds
of Tobacco, or Five Pounds. Leave out also the Word respectively
in the said Clause. Leave out in the said Clause, the following Words,
viz. One Moiety to the Use of the Public School of the County
where such Offence shall be committed; the other Half to the
Informer, or him, her or them, who shall sue for the same; and
insert the following Words, viz. To the Right Honourable the Lord
Proprietary, his Heirs and Successors, for the Support of Govern-
ment. Insert also, after the Proviso in the Bill, the following
Proviso, viz. ( Provided always, that in case any Person or Persons,
who shall be chargeable with and liable to the Payment of an
Interest not exceeding the Rate and limited by this Act as aforesaid,
shall fail or omit to pay or tender the Payment of the Interest
aforesaid annually and every Year, then and in such case it shall
and may be lawful for the Creditor or Person intitled to Interest as
aforesaid, to take, demand and receive, besides the simple Interest
aforesaid, an additional Interest on the said simple Interest, at or
after the aforesaid Rates of Five per Centum; and the Security
and Securities, by which the Debtor shall be liable to and chargeable
with the Payment of the principal Money and simple Interest, shall
be deemed and taken as a Security also for the compound Interest
aforesaid, to all Intents and Purposes whatsoever; any Thing herein
before contained, or any Law, Statute, Usage, or Custom, to the
contrary, notwithstanding.

Signed per Order, J. Ross, Cl. Up. Ho."

Mr. Lloyd, from the Committee appointed, brings in and de-
livers to Mr. Speaker, an Address to the Governor; which was
Read, Approved, and Ordered to be Ingrossed.

p. 263



 
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Proceedings and Acts of the General Assembly, 1758-1761
Volume 56, Page 307   View pdf image (33K)
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