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Proceedings and Acts of the General Assembly, 1771 to June-July, 1773
Volume 63, Page 68   View pdf image (33K)
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68 Assembly Proceedings, October 2-November 30, 1771.

U. H. J.

Liber No. 36
Nov. 28

not exceeding fifty Pounds common Currency be paid to the Order

of His Excellency the Governor, for the accomodation of the Depu-
ties of the Delaware Munsie, and Mohekin Indians, whilst in this

Province.
Signed by Order. UScott Cl. Up. Ho.

Read the Second Time in this House the Bill entitled a Supplemen-
tary Act to the Act entitled An Act for the more effectual Security,
of Orphans Estates and will Pass with the following Amendments
Viz.t
At the End of the Bill insert as follows Viz.t And whereas Estates
of Deceased Persons from a tenderness to Executors and Administra-
tors, are frequently estimated by the Appraisers below their true
value, and the Executors and Administrators are or ought to be
accountable for the full value, so far as the same shall be Sold,
upon an open fair and Publick Sale, and on the other Hand they
ought only to be answerable for what the same shall be so bona fide
Sold although it shall be below the Estimate of the Appraisers, and
whereas there are Perishable Goods in all such Estates, which the
Executors or Administrators frequently take to themselves, at the
appraised low value, or estimate returned to the prerogative Office,
or suffer them to be by use or abuse diminished in value, to the

p. 629

Injury of the Legatee and others; Be it therefore Enacted by and
with the Consent and advice aforesaid that all Executors and Ad-
ministrators shall hereafter as soon as conveniently the same may
be done, Sell and dispose of all such Goods and Chattels of their
Testator, or Intestate (Manuscript Books and Papers of all Sorts
Family Pictures and specifick Estate according to the Acts of As-
sembly excepted) as are or may be liable to Perish consume or be the
worse for using or keeping and also when other personal Estate
is all duly Administered and paid away, shall Sell as much only of
the specifick personal Estate as shall be necessary to discharge the
Debts and Legacies (other than specific Legacies) of the Testator,
or the Debts of the Intestate for the most that can be got for the
same, in Money by Publick Sale, or Auction upon the best or most
Publick Notice, of such intended Sale and shall or may, for the
enhancing the price thereof to its full value give Credit, not exceeding
one Year, upon all Sums above eight Pounds, upon Bonds with good
Security, and when such Goods and Chattels shall be so bona fide
Sold the Executors or Administrators shall be answerable thereon,
for the value of such Sale and no more, and the Executors or Ad-
ministrators may assign such Bond or Bonds to the Legatees or
other Distributees which shall discharge the Executors or Ad-
ministrators for so much against him or them, the said Executor
or Administrator having first paid or satisfied the Debts appearing

p. 630

to be due from such Estate. Provided always that if after such
Assignment the Obligor or Obligors become Insolvent, so as the



 
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Proceedings and Acts of the General Assembly, 1771 to June-July, 1773
Volume 63, Page 68   View pdf image (33K)
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