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Laws of Maryland 1785-1791
Volume 204, Page 144   View pdf image (33K)
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                WILLIAM SMALLWOOD, Esq; Governor.

finish the transactions and sales of the late intendant of the revenue, and
of the commissioners for confiscated British property, and to take into his
possession and care all books and papers respecting the same, and to settle
with the purchasers of the said property who have hitherto refused or neglected
to give bonds, and to take the same agreeably to the terms and conditions
of sale, and the directions of the acts of assembly relating to such debtors,
and to make sale of all the confiscated British property that remains unsold,
at auction or private sale, to tenants or settlers, to whom a preference
or purchase shall be given as directed by law, on bond, with security,
payable on or before the first day of January seventeen hundred and ninety,
with interest annually, and to empower such person to compound
with any person who shall make discovery to him, before first of August
next, of any British property, and to give not exceeding one third of the
value thereof to any person who shall, after the said first day of August, and
before the first day of May seventeen hundred and eighty-seven, make
discovery to him of any British property; and the governor and the council
are requested to advise and instruct such person so to be appointed,
from time to time, as to the execution of the several matters aforesaid.

1785.

CHAP.
LXXXVIII.

to finish the
transactions of
the intendant,
&c.

    IV.  And be it enacted, That the governor and the council be authorised
and requested to appoint some fit and proper person to treat with the 
Indians entitled, under any act of assembly, to any lands in Dorchester
county, for the purchasing the said lands, or any part thereof, on behalf
of this state, and to agree with them on the terms of the said purchase
for a certain annual sum to be paid by the said Indians as long as any of
them shall remain, and to take a deed to the state expressing the conditions,
which said deed shall be acknowledged before the general court of
the eastern shore, or the court of Dorchester county, in open court,
at the election of the said Indians; and if such purchase be made, the
person so appointed shall sell the same, at auction, for current money,
in such lots or parcels as will probably bring the best price, on a
credit of one third of the purchase money annually until the whole is
paid, with interest annually on the several sums, or the governor and the
council may, in their discretion, direct a sale of the said lands for state or
continental government securities, and eight weeks notice shall be given
previous to the sale in the Maryland, Pennsylvania, Virginia, and New-York,
newspapers.
To treat with
the Indians,
&c.
    V.  And, whereas the amount of continental securities in the possession
of the citizens of this state fall greatly short of the proportion
or quota of the continental debt due from this state, and it is prudent to
procure a sufficient quantity of such securities on the best terms to make
good such deficiency, Be it enacted, That the governor and the council
be authorised and requested to appoint some fit and proper person to procure,
by purchase or contract, certificates issued by congress, commonly
called final settlements, or other liquidated securities of the United States.

 
 
 

And to procure
certificates,
&c.

    VI.  And, as award for the said purchase, Be it enacted, That all money
obtained on loan in Holland, or in this state, and all the arrears of
taxes to January seventeen hundred and eighty-six, and not appropriated
to congress, to the civil list, to the payment of the deficiency of interest
to the creditors of the state, not otherwise particularly applied, and all the
money to be collected and received in virtue of the act to raise the supplies
for the year seventeen hundred and eighty-six, except so much as
may be necessary to defray the current expences of the state for the
ensuing year, and to pay any deficiency of interest to the state creditors,
shall be and hereby is appropriated to the purchase of the said certificates.
Money appropriated
to the
purchase of
certificates,
&c.


 
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Laws of Maryland 1785-1791
Volume 204, Page 144   View pdf image (33K)
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