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Proceedings and Acts of the General Assembly, 1769-1770
Volume 62, Page 196   View pdf image (33K)
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196 Assembly Proceedings, September 25-November 2, 1770.

U. H. J.
Liber No. 36
Oct. 30
p. 472

p. 473

16:th of November last £650 Capital Stock in the Bank of England
for the use of this Province, and that, Pursuant to the late Act of
Assembly, they had in April and May last Sold f 10,000 of the Capital
Stock belonging to the Province for the Sum of £15165 St.g clear of
Brokerage and other incident Charges, and that by the said Account
there was then £24650 Capital Stock in the Bank of England belong-
ing to this Province which Cost £29877:4 St.8 and the Sum of
£15795..12..8 St.g in the hands of the said Trustees —

That, of the Bills drawn by the late Commissioners for the purpose
of Sinking the Bills of Credit, there was then still unpaid one Bill of
£637.. 16.. St.g which had not been presented.

That the Commissioners for Emitting Bills of Credit have, pur-
suant to the directions of the Act of Assembly, Emitted 300,000
Dollars in Bills of Credit, that they have received from sundry
Sheriffs the Sum of f 1566.. 15 Current Money for Ordinary Licences,
and have drawn on the Trustees in London the Sum of £14861.. 14..
St:g, and on William and Mary Hunt the Sum of £47o..6..10 St.g, in
Bills of Exchange to sundry persons, that they have received from
Jonathan Smith, Executor of Peter Bayard, the Sum of £188..5
Current Money, and for Interest on one Bond the Sum of £1..7..6 St.g

That the said Commissioners have lent out to sundry persons, on
Bonds which have been produced to your Committee, the Sum of
£83407.. 14.. 7 St.g, that they have paid away for printing the Bills
of Credit 1000 Dollars, and for Office Expences in Bills of Credit
to the value of £18.13..5 St:g, and for their and their Clerks Salaries
550 Dollars, and that there remains in the Office in Gold and Silver
the Sum of £499.. 7..1 Current Money, as by the following Slate
will appear.

1770. The Commissioners for Emitting Bills of Credit D:r

To Bills of Credit Emitted Pursuant to an Act of

St.g


Assembly 300,000 Dollars at 4/6............

67,500......


To Money, received from sundry Sheriffs for Or-



dinary Licences £1566.. 15.. Currency Exchange

1,175-1..

3

at 33 1/3 P Cent..............................



To Bills of Exchange drawn on the Trustees in
London ................................

14,861..14..


To Ditto on the Executors of W.m Hunt..........

470.. 6..

10

To Money received from Jonathan Smith Executor



of Peter Bayard £188..5. Currency Exch: at 33 1/3

141.. 3.

9

p Cent ................................



To Money received for Interest ................

1.. 7..

6


£84,149.13..

4



 
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Proceedings and Acts of the General Assembly, 1769-1770
Volume 62, Page 196   View pdf image (33K)
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