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Hanson's Laws of Maryland 1763-1784
Volume 203, Page 410   View pdf image (33K)
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                                WILLIAM PACA, Esq; Governor.

    XII.  And be it enacted, That the tenants on any manors, and the settlers on
the reserves, shall have the preference of purchasing such parts of the said manors
and reserves as they now severally possess or occupy, or agreeably to surveys
and certificates thereof, made in pursuance of the act of April session, seventeen
hundred and eighty-two, on payment of a reasonable and moderate valuation
therefor, in current money, or any of the certificates aforesaid, without the improvements
thereon, to be ascertained by the intendant of the revenue, or by any
two of three indifferent persons, on oath, to be nominated by him; and the
purchasers shall give bond, with good security, to pay the principal on or before
the first day of January, seventeen hundred and ninety, and to pay the interest
annually; and if they shall refuse or neglect to purchase, the said intendant of 
the revenue shall sell the same on the same credit for the highest price he can
procure, in current money, or any of the certificates aforesaid.

q1784.

CHAP.
    LV.

And other
manors and
reserves, &c.

    XIII.  And, if the interest received from the debtors of the state shall not be
sufficient to pay the interest due the creditors of the state, Be it enacted, That 
the deficiency shall be made up, and paid out of the supplies for every year until
the principal shall be wholly discharged.

Deficiency to
be made up,
&c.
    XIV.  And, as a sinking fund to secure the certain payment of all the state
debts now due, with interest payable thereon, before the first day of January,
seventeen hundred and ninety-one, Be it enacted, That annually, from the year
seventeen hundred and eighty-five to the year seventeen hundred and ninety-one
inclusive, a tax of two shillings and six-pence current money shall be imposed on
every hundred pounds worth of property within this state, as the same shall be
estimated in the said years respectively, and shall be annually paid to the treasurer
of the western shore, and shall be by him kept separate and apart from all other
public money, and shall be inviolably appropriated to the payment of the principal
and interest of the state debt; and in case the said aggregate and sinking funds
shall not be sufficient to answer and satisfy the purposes to which the same are
hereby applied, then and in such case, and as often as any deficiency shall happen,
the public faith is hereby pledged and engaged, that such deficiency shall be
provided for, answered and made good, by the general assembly; and any specie
certificate granted by this state, with the interest due thereon, may be received in
payment of the said tax, but no collector shall have credit therefor, before he
shall make oath or affirmation, (to be administered by either of the treasurers)
that he bonâ fide received the same in payment of the said tax, and any collector
swearing falsely shall, on conviction, be subject to the same punishment and consequences
as for wilful and corrupt perjury; and any certificate received in payment
of the said tax, shall be kept with the money, and shall be examined and
destroyed by a committee of both houses.

 

Tax to be imposed,
&c.

    XV.  And, to secure payment of the claims against the property of the
Principio company admitted by the legislature, Be it enacted, That after the
amount of such claims shall be ascertained and adjusted by the auditor-general,
and approved by the intendant of the revenue, any such claimant may apply,
before the first day of June next, to the treasurer of the western shore, for as
many of the bonds taken for the sales of the property of the said Principio company
as will satisfy such claim; and to determine what bonds shall be delivered,
all the bonds taken on such sales shall be listed and numbered, and drawn out by
the treasurer, and if any of the obligors shall bring in to the treasurer of the
western shore certificates listed for specie, the said treasurer shall pay him cash to
the amount thereof, or the sid claimaints may take certificates bearing interest to
the amount of their claim, and shall be paid the same on or before the first day
of January, seventeen hundred and eighty-six, out of the money paid by debtors
of the state, or out of the sinking fund by this act provided.

Claimants
may apply,
&c.
                                            CHAP. LVI.
An ACT to raise the supplies for the year seventeen hundred and eighty-five.

    A tax of 15 f is imposed on every £. 100's worth of property, to be levied after the first of October
by distress and sale of any goods within the county, belonging to the party, and any goods whatever



 
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Hanson's Laws of Maryland 1763-1784
Volume 203, Page 410   View pdf image (33K)
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