Page:Ruffhead - The Statutes at Large - vol 9.djvu/249

 A.D. 1763. Anno quarto Georgii III. C. 34, 35. 199 CAP. xxxiv. An Aft to prevent Paper Bills of Credit, hereafter to be iiTued in any of his Ma- jefty's Colonies or Plantations in America, from being declared to be a legal Ten- der in Payments of Money ; and to prevent the legal Tender of fuch Bills as are now fubflfting, from being prolonged beyond the Periods limited for calling in and finking the fame. 1 "ITT HERE AS great Quantities of Paper Bills of Credit have been created and hTued in Preamble, ' W his Majefty's Colonies or Plantations in America, by virtue of Afts, Orders, Refolu- ' tions, or Votes of Aflembly, making and declaring fuch Bills of Credit to be legal Tender ' Majefty's Subjects, by occafioning Confufion in Dealings, and lefTening Credit in the faid Co- ' lonies or Plantations :' For Remedy whereof. May it pleafe your moft Excellent Majefty, that it may be enafted ; And be it enafted by the King's moft Excellent Majefty, by and with the Ad- vice and Confent of the Lords Spiritual and Temporal, and Commons, in this prefent Parliament aflembled, and by the Authority of the fame, That from and after the firft Day of Soptember one After i Sept. 1764, all thou fand (even hundred and fixty-four, no Aft, Order, Refolution, or Vote of AlTembly, in any of future Afls of Aflembly, his Majefty's Colonies or Plantations in America, fhall be made, for creating or iffuing any Pa- * c - '"iyj^*^?,^ per Bills, or Bills of Credit of any Kind or Denomination whatfoever, declaring fuch Paper Bills, ^"ing th°m to be' a or Bills of Credit, to be legal Tender in Payment of any Bargains, Contracts, Debts, Dues, or ] fga i Tender in Payment Demands whatfoever; and every Claufe or Provifion which fhall hereafter be inferred in any Aft, of Money j Order, Refolution, or Vote of Aflembly, contrary to this Aft, fhall be null and void. are void ' II. And whereas the greeat Quantities of Paper Bills, or Bills of Credit, which are now aftu- ' ally in Circulation and Currency in feveral Colonies or Plantations in America, emitted in purfu- ' ance of Afts of Aflembly declaring fuch Bills a legal Tender, make it highly expedient that the ' ed, fo as to continue the legal Tender thereof beyond the Terms refpeftively fixed by fuch Afts ' for calling in and difcharging fuch Bills ;' Be it therefore enafted by the Authority aforefaid, as are a1( - n ;j ac1s,&c. That every Aft, Order, Refolution, or Vote of Aflembly, in any of the faid Colonies or Planta- which mall be made to tions, which fhall be made to prolong the legal Tender of any Paper Bills, or Bills of Credit, which prolong the legal Tender are now fubflfting and current in any of the faid Colonies or Plantations in America, beyond the of fuch Bl ' !s n ™ fubfiG- Times fixed for the calling in, finking and difcharging of fuch Paper Bills, or Bills of Credit, fhall ]"^ it ^'°" r c a ning7n and be null and void. finking the fame. III. And be it further enafted by the Authority aforefaid, That if any Governor or Commander Governor, giving his in Chief for the Time being, in all or any of the (aid Colonies or Plantations, fhall, from and after Afient to any fuch Aft, the faid firft Day of September one thoufand feven hundred and fixty-four, give his Afient to any Aft forfeits ioool. and is or Order of Aflembly contrary to the true Intent and Meaning of this Aft, every fuch Governor or incapacitated. Commander in Chief fhall, for every fuch Offence, forfeit and Pay the Sum of one thoufand Pounds, and fhall be immediately difmifled from his Government, and for ever after rendered incapable of any publick Office or Place of Truft. IV. Provided always, That nothing in this Aft fhall extend to alter or repeal an Aft pafled This Aft not to alter or in the twenty-fourth Year of the Reign of his late Majefty King George the Second, inti- re P eal the tuled, An Acl to regulate and rejirain Paper Bills of Credit in his Majefy's Colonies or Plantations ^Afl 24 Geo.2. f. 53, Rhode Hand and Providence Plantations, Connecticut, the MafTachufets Bay, and New Hampfhire, in America, and to prevent the fame being legal Tenders in Payments of Money. V. Provided alfo, That nothing herein contained fhall extend, or be conftrued to extend, to nor to mske any Bills make any of the Bills now fubflfting in any of the faid Colonies a legal Tender. now fubfiftmg a legal Tender. CAP. XXXV. 1 An Acl for making Compenfation to the Proprietors of fuch Lands and Hereditaments as have been purchafed upon the Sea Coafts in the Counties of Kent, Sufex, and Southampton, on which Forts and Batteries have been erected for Defence of the faid Coafts, in purfuance of an Adf. palled in the Second Year of the Reign of his pre- fent Majefty, and for other Purpofes therein mentioned.
 * in Payments of Money : Ar.d whereas fuch Bills of Credit have greatly depreciated in their
 * Value by Means whereof Debts have beqn difcharged with a much lefs Value than was
 * contracted for, to the great Difcouragement and Prejudice of the Trade and Commerce of his
 * Conditions and Terms, upon which fuch Bills have been emitted; fhould not be varied or prolong-
 * '"HEREAS in purfuance of an Aft of Parliament pafled in the fecond Year of his Ma- cSinAft I'g.

jefty's Reign, intituled, An Acl for Vefling certain Lands, Tenements and Hereditaments upon c .vj. " the Sea Coafs in the Counties of Kent, Suflex, and Southampton, on which Forts and Batteries have < i een ercfiedfor the Defence of the faid Coajls, in Truflees, for certain Ufes, and for other Purpofes therein ' mentioned; his Majefty was moft gracioufly pleafed to iflue a Coinmiflion by his Letters Patent ' under