or indirectly, for Loan of any Tobacco, Wares, Merchandizes, or other
Commodities,
for one Year, to be paid in Tobacco or other Commodities of this
Province, above the Value of Eight Pounds of Tobacco for the Forbearance
of One Hundred Pounds of Tobacco, and after that Rate for a greater
ot
lesser Sum, or for a longer or shorter Time.
II. And, That
all Bonds, Contracts and Assurances whatsoever, made after
the Time aforesaid for Payment of any principal Money or Tobacco, Goods
or Commodities aforesaid, to be lent, or covenanted to be performed,
upon
or for any Usury, whereupon or whereby there shall be reserved above
the
Rate of Six Pounds in the Hundred for Money as aforesaid, or above
Eight
Pounds in the Hundred for Tobacco, or other Goods and Commodities as
aforesaid,
shall be utterly void.
III. And, That
all and every Person and Persons whatsoever, which after
the Time aforesaid, shall, upon any Contract to be made, take, accept
and
receive, by Ways or means if any corrupt Bargain, Loan, Exchange,
Chievezance, Shift, or Interest of any Wares, Merchandizes, or other
Thing
or Things whatsoever, or by any deceitful Ways or Means, or by any
Covin;
Instrument, or deceitful Conveyance, for the Forbearance or giving
Day of
Payment, for one whole Year, of and for their Money, Tobacco, Goods
and
Commodities aforesaid, above the Sum of Money, or Quantity of Tobacco
aforesaid, for the Forbearance aforesaid, shall forfeit and and lose
for every such
Offence, the treble Value of the Money, Tobacco, Wares, Merchandizes,
or other Thing, so lent, bargained, sold, exchanged, and shifted as
aforesaid;
the one Half of the said Fine and Forfeiture to our Sovereign Lady
the
Queen, her Heirs and Successors, for the Support of the Government,
the
other Half to him or them that shall sue for the same, to be recovered
in any
Court of Record of this Province, by Action of Debt, Bill, Plaint,
or Information,
wherein no Essoin, Protection, or Wager of Law to be allowed.
Examined and Compared with the Original Act, REVERDY GHISELIN,
THOMAS BACON.
|
CHAP.
LXIX.
Interest of
Tobacco, &c.
to Eight per
Cent.
All Bonds,
&c. bearing
greater Interest,
shall be
void.
Persons taking,
or exacting more,
forfeit treble
Value. |
