BENJAMIN OGLE, ESQUIRE, GOVERNOR.
with an accurate list thereof subscribed by him, in the
treasury of the western shore, and shall be a lien upon the real property
of such purchasers, and their securities, from the respective
dates, or so much thereof as is mentioned in the schedule thereto
annexed. |
1800.
CHAP. 62. |
6. AND BE IT ENACTED, That the said agent
is hereby directed
to dispose of all confiscated British property that remains unsold,
and take bonds to the state, with sufficient security, and give
time for the payment thereof, not exceeding two years from the first
day of January, one thousand eight hundred and one; and that
when the quantity of land in any one body subject to such sale exceeds
the quantity of fifty acres, such land shall be disposed of at
public sale, of the time and place of which sale at least thirty days
previous notice shall be given by public advertisement; and that at
the time of any sale by virtue of this act, the said agent shall make
known that he only sells the right of this state thereto, and that the
state doth not guaranty the title to the same, or any part thereof,
but that the purchase must be in all respects at the risk of the purchaser. |
Confiscated British
property to be
disposed of. |
7. AND BE IT ENACTED, That no payment in future
by any officer
or person indebted to the state shall be valid and effectual, unless
made to the treasurer of the western or eastern shore, or to the
agent, or unless made to the clerks and sheriffs of the several counties,
in the cases where the said clerks and sheriffs are by law authorised
to receive the same. |
No payment to be
valid unless made
to treasurer or
agent. |
8. AND BE IT ENACTED, That the agent shall
have full power
and authority, by and with the advice of the governor and council,
in all cases of uninstalled debts, to take back any property heretofore
purchased by any person and not yet paid for, in cases where
the person so having purchased, and his securities, are not capable
of paying for the same, and to compromise the same upon terms and
principles of equity and justice, by and with the advice and consent
aforesaid; and the agent is hereby required to lay a particular
statement of his proceedings under this section before the next session
of assembly. |
In case of uninstalled
debts property
may be
taken back. |
9. AND BE IT ENACTED, That the agent, with
the approbation
and consent of the governor and council, be and he is hereby authorised
and empowered to compromise any suit depending in chancery
with any state debtor, upon any terms in their judgment calculated
to promote the interest of the state, and to obtain the speedy
receipts of the sum due. |
May compromise
suits. |
10. AND BE IT ENACTED, That if, under the
terms of any compromise
as aforesaid, the property heretofore purchased shall
be taken back and revested in the state, the same may be sold
by the agent, and he is hereby authorised and empowered to sell
the same at public sale, giving thirty days notice, on a credit of two
years, payable, one half of the principal, and the whole interest annually,
on the first day of December in each year; and the bonds,
when taken, shall be returned to the treasury of the western shore,
and reported to the general assembly at their session next ensuing
the taking of such bonds.
11, 12, 13
and 14. These sections have ceased to have any operation. |
Property taken
back may be sold. |
|