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Proceedings and Acts of the General Assembly, October 1773 to April 1774
Volume 64, Page 251   View pdf image (33K)
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Acts. 251


of the said Trustees or in the Hands of the Debtors for the Loans
aforesaid and the Interest arising therefrom after all the said Bills
of Credit by this Act emitted shall be called in and Sunk shall be
applied and disposed of in such Manner and form as the Assembly
of this Province shall direct and appoint
And be it hereby declared and enacted That this present Act
shall be taken and allowed as a Public Act and all Judges Justices
and other Persons concerned are hereby required to take Notice
thereof as such without pleading the same specially
And be it enacted That all Penalties and Forfeitures which shall
be incurred and recovered under this Act shall be received by the
Sheriff of the County wherein such Recovery shall be had and be
by such Sheriff paid after Deducting five Per Centum for his
Commission One half thereof to the Informer if any and the other
half thereof if any Informer or if no Informer then the whole into
the Hands of the said Commissioners to be by them Lent out on
Interest in manner aforesaid

Liber R. G.
1773
[Monies,
&c. after the
Bills of
Credit shall
be sunk,
to be dis-
posed of as
the Assem-
bly shall
direct.]
[This Act
to be a pub-
lic Act.]
[Penalties
and For-
feitures, how
to be re-
covered.]

Provided always and it is the true Intent and Meaning of this Act
that Nothing herein contained shall extend or be construed or taken
to make any Tender of the said Bills of Credit in Discharge of any
Contract whatsoever Lawful except such Contracts as shall or may
be made expressly and Specifically for, or for the Delivery of such
Bills of Credit

[Bills of
Credit not a
legal Tender,
except under
express
Contract.]

Provided also And be it hereby enacted That no Commissioner or
his Sureties shall be liable by his Office. Bond for any fault or
Miscarriage in the Execution of any of the Trusts committed to the
Commissioners aforesaid other than such as shall happen in the
Time of the Continuance of the Respective Commissioner.

And be it further enacted That the Office Bonds of the said
Commissioners and their Clerk already given or to be given and their
Sureties therein shall respectively be Liable for the said Commis-
sioners and Clerk their faithful Discharge of the Duties required
to be performed by them by this Act And if any Surety on the
Office Bond of either of the said Commissioners or their Clerk shall
be unwilling to stand and be bound for such Commissioner or Clerk
respectively under the Bond already given for the faithful Discharge
of the Duties required of him by this Act and shall signify such
Unwillingness to his Excellency the Governor or Commander in
chief for the time Being in Writing then such Commissioner or
Clerk respectively shall give another Bond in the same Penalty with
such Sureties before such Justice in like Manner with like Condition
and to be proved, recorded, Lodged and kept as the Office Bond
of such Commissioner or Clerk already given is Directed by Law
and an Attested Copy of the Record thereof shall also in like Manner
be Evidence and it is hereby Declared that such Bond to be given

[Commis-
sioner or his
Sureties,
liable only
for Transac-
tions during
his Continu-
ance in
Office.]
p. 293
[The Office
Bonds of the
Commis-
sioners and
their Clerk
to be liable
for the Dis-
charge of
their Duty
&c.]



 
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Proceedings and Acts of the General Assembly, October 1773 to April 1774
Volume 64, Page 251   View pdf image (33K)
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