| 1789.
CHAP.
XLVII. |
LAWS of MARYLAND.
case of failure so to do, in cases where there are no bonds, to transmit
the necessary
papers to the attorney-general, within five days after the said first day
of
August next, and in case of bonds, to transmit the said bonds, within the
same
time, to the respective clerks of the general court of the eastern or western
shore,
as the case may require; and the said attorney-general is hereby directed
to proceed
immediately to the recovery of the said debts. |
Where debtors
accept,
chancellor
may make a
decree, &c. |
X. And,
whereas many of the said debtors have filed bills in chancery to be
discharged from their contracts, which are still depending, Be
it enacted, That
where such debtors accept of the instalment aforesaid, on the terms and
conditions
aforesaid, the chancellor shall and may proceed to make a decree in the
said suits,
in the same manner as if the said instalments had not been accepted;
and where
injunctions have been issued to stay execution, the said injunctions shall
operate
so as to stay execution after acceptance of the instalment, any thing in
this act
notwithstanding: And in all such or future cases of the like nature,
the said
chancellor is hereby authorised and empowered to limit a reasonable
time to
decide thereon in a summary manner, according to the principles of equity
and
good conscience, without being restricted to the formal proceedings of
a court
of chancery, or to the order of suits therein depending, or to the stated
meetings
of the said court; and if it shall be thought necessary by the said chancellor,
he may appoint one or more fit and proper person or persons on the behalf
of this state, to attend upon any surveys of the lands, whose title or
bounds
may be disputed, to take depositions thereon, or to collect any other testimony
that may be wanting to illustrate any matter in dispute, or to make the
said
surveys. |
Board to appoint
an
agent, &c. |
XI. And be it
enacted, That the said board shall have power to appoint an
agent or agents to attend the sale of property on executions issued
for the state,
and to purchase the same for the state, in case it is like to sell for
less than the
claim of the state, or the state is like to lose by the said sale;
and the said board
shall appoint an agent or agents to sell the property so purchased for
the state,
at public sale, either for specie or certificates as aforesaid, or on credit,
as the
said board shall think most for the interest of the state; provided always,
that in
case of a sale on credit, the purchaser shall give bond with good security,
to be
approved by the said board, payable at such instalments as the board shall
direct,
so that the whole shall be paid by the said first day of December, seventeen
hundred
and ninety-three; and in fixing the said instalments, the board are hereby
required to conform, as nearly as the nature of the case will admit, to
the times
of payment herein before mentioned. |
To remit interest
on certain
bonds,
&c. |
XII. And be
it enacted, That in cases of bonds for the emissions of paper
money of the years seventeen hundred and fifty-nine and seventeen hundred
and
seventy-three, if the debtors will accept of the instalment aforesaid,
and comply
with the terms aforesaid, the said board are hereby authorised and
required to
remit all interest on the said bonds due on the first day of December,
seventeen
hundred and eighty-nine. |
And keep a
fair account,
&c. |
XIII. And be
it enacted, That the said board shall keep a fair account of their
proceedings, in writing, and lay the same before the general assembly,
at the
next or any succeeding session. |
Allowance to
agent. |
XIV. And be
it enacted, That every person employed as an agent aforesaid,
in virtue of this act, shall receive for his services twenty-five shillings
per diem
during the time of going to, attending on, and returning from, the
said purchases
or sales, which shall be given as a full compensation. |
After December
1, 1790,
treasurer to
transmit certain
bonds,
&c. |
XV. And be it
enacted, That after the said first day of December, seventeen
hundred and ninety, it shall be the duty of the treasurer of the western
shore, on
failure of payment of principal or interest on any installed debt, at any
of the
times of payment aforesaid, to transmit the bonds of the persons so failing,
within
thirty days, to the clerk of the general court of either shore, as the
case may require, |
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