" all British property seized and confiscated" by the former act
and were declared to be " in the full and actual seizing and
" possession of all British property seized and confiscated by
" the said act, without any office found, entry, or other act
" to be done." They were authorised to appoint proper
persons to enter into and take possession of the said property,
and to preserve it from waste or destruction, or to occupy
or employ it for the benefit of the public. They were to make
a return to the next general assembly of all the property
discovered and seized as aforesaid, with its value, according to
the ensuing general valuation of property in Maryland; and,
they were, in like manner declared in possession of all
property within the state belonging to persons outlawed for
treason, in respect to which description of property the same
measures were directed.
By another act of the same session, which has been
before noticed " to procure a loan, and for the sale of escheat
lands" &c. a great part of the property confiscated as
aforesaid was specifically pledged and set apart as a security for
the intended loan; to wit the several manors in the counties
of St. Mary's, Kent, Charles, Queen Anne's, Dorchester,
Somerset, and Worcester, belonging to the late proprietary,
and remaining unsold by the commissioners of Frederick
Lord Baltimore, except Beaver Dam and Chaptico manors
in Saint Mary's county;¾and also the partnership property
of a number of individuals known by the name of the
Principio company, except the share or interest of one
person, a citizen of Maryland, named in the act, and the shares
of any other of the proprietors who might also be citizens
of this or any of the United States.
By the same act it was directed that the property of several
persons therein named, and known, as the act expresses it, to
be British subjects, within the description and intent of the
act of confiscation, and also such parts of the manors of
Beaver dam and Chaptico as fell under the last mentioned
act, should be laid off by the commissioners, in such small
parcels or lots as they should judge most convenient and
advantageous, and, after due notice, sold by public auction,
one fifth part of the purchase money to be paid in specie,
and the remaining four fifths in the bills of credit newly
emitted. The state engaged to warrant and forever secure to
the purchasers and their heirs any British property sold in
pursuance of the act, and to protect them in the peaceable
possession thereof, and the commissioners were enjoined to offer
no property for sale but what they should be fully and clearly
satisfied did belong to British subjects, and had not been
sold or conveyed since the first day of December 1780.
The spirit of speculation which was excited by those sales
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