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Proceedings of the Conventions of the Province of Maryland, 1774-1776
Volume 78, Page 90   View pdf image (33K)
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90 PROCEEDINGS OF THE CONVENTION [1776.

holding any number and value of the said former bills of credit, de-
liver to such person or persons the like value in the new bills of
credit in lieu thereof, at such times and places as aforesaid.

That each of the said treasurers shall, at the public expense,
provide a fit instrument for cutting a piece of one inch square, as
near as may be, out of the bills so to be brought in and exchanged,
and shall upon his receipt of any of the said former bills of credit
in exchange as aforesaid, cut out of every of such bills so received,
one inch square, as near as may be, taking care not to deface the
denomination thereof, and shall preserve such bills until the meet-
ing of the then next convention, and produce all such bills, and
also all the former bills of credit remaining in his hands to such
convention, to be destroyed.

That from and after the receipt of the said new bills of credit by
the said treasurers respectively, all payments which they shall
make by virtue of any resolve of this or the last convention, shall
be made in the said new bills of credit, and not in the said former
bills of credit.

That the person to be employed in the cutting the said plates
for striking the said new bills of credit, if required by the said
delegates, or such two of them as shall agree for the same, take an
oath, or affirmation if a quaker, that he will not by himself, his ap-
prentices or servants, make or cut, or suffer to be made or cut,
any more or other plates than those which shall be ordered to be
cut by the said deputies or some two of them, in the similitude and
likeness of the plates which shall be so ordered to be cut, or in the
similitude and likeness of any of them, unles requested so to do
by the convention of this province, or by some authority derived
from the said convention.

That the treasurers aforesaid respectively, be allowed to retain
as a satisfaction for their trouble in exchanging new bills of credit
for the former bills of credit as aforesaid, at the the rate of one
half per centum for all bills by them so exchanged, out of the said
new bills of credit.

That the said bills of credit which shall be so as aforesaid printed
and struck, over and above the said bills hereby directed to be ap-
plied to exchange the said former bills of credit, be applied to the
several purposes resolved on in this and the last convention of this
province, and that the treasurers pay the same to the orders of the
convention or council of safety.

That the said treasurers, before they receive the said blank bills
to be printed and struck by virtue of the resolves of this conven-
tion, shall give bonds respectively, the treasurer of the western

 

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Proceedings of the Conventions of the Province of Maryland, 1774-1776
Volume 78, Page 90   View pdf image (33K)
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