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Proceedings and Acts of the General Assembly, 1755-1756
Volume 52, Page 106   View pdf image (33K)
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ACTS OF THE ASSEMBLY PASSED IN
FEBRUARY AND MARCH 1755

Liber H. S.
No.1
p. 168

At a Session of Assembly begun and held at the City of An-
napolis the Twenty second day of February in the 4.th year of the
Dominion of the Right Honourable Frederick Absolute Lord and
Propfy. of the Provinces of Maryland and Avalon Lord Baron of
Baltimore &.c Annoq Domini 1755 and ending the Twenty sixth
day of March following.

The following Laws were Enacted and assented to by his Ex-
cellency Horatio Sharpe Esquire Governor.

No.1

An Act directing the Commissioners of the Currency Office, speedily
to call in the Interest due on Bonds, and other Securities, and all
Monies due on Funds payable into the said Office.
Whereas it is apparent that many and great Sums of Money are

[Preamble.]

and have a long Time been due for Interest arising on Loans, made
by the Commissioners or Trustees of the Paper Currency Office ;
Be it therefore Enacted, by the Right Honourable the Lord Pro-

[Commis-
sioners to
advertise the
Debtors to
the Office, to
pay all
Interest due
by the first
of June.]

prietary, by and with the Advice and Consent of his Lordship's
Governor, and the Upper and Lower Houses of Assembly, and the
Authority of the same, That the said Commissioners do, and they
are hereby directed and required, forthwith, to give public Notice
in the Maryland Gazette, that the several and respective Debtors to
the said Office, whether for Sums of Money collected upon Funds,
or for Interest upon Bonds, or other Securities, do, by the First
Day of June next, bring, and pay into the said Office, the said several
Sums so as aforesaid respectively due.

[In case the
Debtors neg-
lect to pro-
ceed to the
Recovery of
Principal
and In-
terest.]

And be it further Enacted, by the Authority aforesaid, That in
Case such Debtors as aforesaid, shall not by the Time aforesaid,
bring and pay into the said Office, the said Sums, so as aforesaid
collected upon Funds, and due for Interest as aforesaid, the said
Commissioners are hereby directed, and required, immediately, to pro-
ceed to the Recovery of Principal and Interest due on such Bonds,
agreeable to the Directions of an Act of Assembly, entituled, An Act
to prevent Evils arising from the entering up Judgments upon Bonds,
commonly called Judgment Bonds, to direct the Manner of issuing
Executions on Loan-Office Bonds, and to regulate certain Fees therein
mentioned; and of other Securities, and such Sums of Money as
are or shall be collected upon Funds, as aforesaid, acording to Law.



 
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Proceedings and Acts of the General Assembly, 1755-1756
Volume 52, Page 106   View pdf image (33K)
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