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i i6 L A IP^ S of North-Carolina.
Commiffi
appJintcd
tuild it.
^. D. 1748. Counties aforefaid, or the Treafurer of the faid Counties for the Time being, for
the buil ling a Fortification at or near the Mouth of Cape Fear River, for the Safety
and Defence o' that Harbour; and that the Commiffioners appointed by an Aft of
'"^« the General AfTembly, intituled, An Att for erecting a Fcriificaticn on the lower Part
of Cape Fear River^ for applying thereto the Powder Money already crifem, cr tvhich fl^all
arife, by Shipping coming into the Port tf/Brunlvvick, to be laid out and applied towards
building a Fortification at Cape Fear, fliall have full Power and Authority, by War-rant
under their Hands, or the Hands of the major Part of ihem, to draw, from
Time to Time, out of the Hands of the faid Trtafurer, fuch Sum or Sums of
Money as fhall be due to the fcveral Workmen employed by them in building the
faid Fortification •, and the faid Treafurer is hereby required, on fuch Warrant or
Ai- Warrants being produced to him, to pay the fam.e accordingly : And the faid
Treafurers fhall be allowed One per Cent, for receiving the faid Money, and paying
the fame out again, as aforefaid.
Trssfurei
lowance.
Cnmmiflioners
jjipointed fjr e.
mitting 21,3:01,
feais uV CKdit.
Current Bills to
be exthanged
v.'uhm 1 Vear.
Public Debts to
be paij by the
Commiffijiiers,
Bills en/itted by
this Aa, lawful
Tender.
Pen, on Coun-tcrkiters.
IX. A'NT) be it further Enacted, by the Authority aforefaid. That Eleazer AFen,
Edward Mofely, and Samuel Swann, Efqrs, and Mr. "John Starkey, are hereby ap-pointed,
authorized, and impowered Commiffioners, to ftamp and make out, or
caufe to be ftamped, with Copper Plates, and figned with their Hands, Public Bills
of Credit of this Province, to the Amount of Twenty One Thoufand Three Hun-dred
and P'ifty Pounds, at the Rate of Proclamation Money ; that is to fay. Two
Thoufand Bills of Four Pence each. Two Thoufand Bills of Eight Pence each,
Two Thoufand Bills of One Shilling each, Tv/o Thoufand of Eighteen Pence each.
Two Thoufand of Two Shilhngs each, Two Thou'and of Two Shillings and Six
Pence each. Two Thoufand of Three Siiillings each. Two Thouland ot Five Shil-lings
each, Two Thoufand of Six Shillings each, Two Thouland of Seven Shillings
and Six Pence each. Two Thouland of Nine Shillings each. Two Thoufand of Ten
Shillings each. Two Thoufand of Fifteen Shillings each. Two Thoufand of Twenty
Shillings each. Two Thoufand of Thirty Shillings each, Two Thoufand of Forty
Shillings each, and Two Thoufand of Three Pounds each.
X, AND be it further Enacted, by the Authority aforefaid. That when the afore-faid
Bills are ftamped and figned, the Commiffioners aforelaid fliall, within Tweh e
Months, exchange the Bills now current, after the Rate of One Shilling, for Seven
Shillings and Sixpence, of thole which are at prefent current ; wiiich Difference of
Seven Shillings and Sixpence, for One Shilling, Proclamation, hath continued for
divers Years paft, and is at prefent the true Difference ; and that alter the Expiration
of the Twelve Months aforefaid, the prefent Bills of Credit fliall not be exchanged,
nor fhall be a Tender, or taken in any Payment whatfoever.
XL AND be it further Enacted, by the Authority aforefaid. That out of the Reft
of the Paper Currency, to be ftamped and emitted by this Adf, the feveral Perfons
to whom the Public is Debtor, according to the Schedule hereunto annexed, -ihall
be paid the Sums refpeftively due to them by the Com.miffioners aforefaid, fo foon
as the fame may be conveniently done, after the Bills by this Aft to be emitted fhall
be ftamped and figned, of which the Commiffioners aforefaid are to give truly and
proper Notice, by Advertifements, fet up at the feveral Court-Hcuies in this Go-vernment,
that they will attend at Newbern, to exchange the faid Bills, and pay off
the Public Debts, during the Sitting of the Two next fucceeding General Courts,
after fuch Notice fet up as aforefaid.
XII. AND be it further Enacted, ly the Authority aforefaid. That the Bills of
Credit to be emitted by this Aft, fhall be current, and a lawful Tender in all Pay-ments
whatfoever, as Proclamation Money, or as Sterling Money, at the proper
Diff^erence there is between Proclamation Money and Sterhng ; that is to fay, at
Four Shillings, Proclamation Mpney, for Three Shillings Sterling.
XIII. AND be it further Enacted, by the Authority aforefaid. That if any Perfon
or Perfons fhall counterfeit, alter, or crafe, any of the Public Bills of Credit of this
Province,
Object Description
Description
| Title | Page 138 |
| Full Text | i i6 L A IP^ S of North-Carolina. Commiffi appJintcd tuild it. ^. D. 1748. Counties aforefaid, or the Treafurer of the faid Counties for the Time being, for the buil ling a Fortification at or near the Mouth of Cape Fear River, for the Safety and Defence o' that Harbour; and that the Commiffioners appointed by an Aft of '"^« the General AfTembly, intituled, An Att for erecting a Fcriificaticn on the lower Part of Cape Fear River^ for applying thereto the Powder Money already crifem, cr tvhich fl^all arife, by Shipping coming into the Port tf/Brunlvvick, to be laid out and applied towards building a Fortification at Cape Fear, fliall have full Power and Authority, by War-rant under their Hands, or the Hands of the major Part of ihem, to draw, from Time to Time, out of the Hands of the faid Trtafurer, fuch Sum or Sums of Money as fhall be due to the fcveral Workmen employed by them in building the faid Fortification •, and the faid Treafurer is hereby required, on fuch Warrant or Ai- Warrants being produced to him, to pay the fam.e accordingly : And the faid Treafurers fhall be allowed One per Cent, for receiving the faid Money, and paying the fame out again, as aforefaid. Trssfurei lowance. Cnmmiflioners jjipointed fjr e. mitting 21,3:01, feais uV CKdit. Current Bills to be exthanged v.'uhm 1 Vear. Public Debts to be paij by the Commiffijiiers, Bills en/itted by this Aa, lawful Tender. Pen, on Coun-tcrkiters. IX. A'NT) be it further Enacted, by the Authority aforefaid. That Eleazer AFen, Edward Mofely, and Samuel Swann, Efqrs, and Mr. "John Starkey, are hereby ap-pointed, authorized, and impowered Commiffioners, to ftamp and make out, or caufe to be ftamped, with Copper Plates, and figned with their Hands, Public Bills of Credit of this Province, to the Amount of Twenty One Thoufand Three Hun-dred and P'ifty Pounds, at the Rate of Proclamation Money ; that is to fay. Two Thoufand Bills of Four Pence each. Two Thoufand Bills of Eight Pence each, Two Thoufand Bills of One Shilling each, Tv/o Thoufand of Eighteen Pence each. Two Thoufand of Two Shilhngs each, Two Thou'and of Two Shillings and Six Pence each. Two Thoufand of Three Siiillings each. Two Thouland ot Five Shil-lings each, Two Thoufand of Six Shillings each, Two Thouland of Seven Shillings and Six Pence each. Two Thouland of Nine Shillings each. Two Thoufand of Ten Shillings each. Two Thoufand of Fifteen Shillings each. Two Thoufand of Twenty Shillings each. Two Thoufand of Thirty Shillings each, Two Thoufand of Forty Shillings each, and Two Thoufand of Three Pounds each. X, AND be it further Enacted, by the Authority aforefaid. That when the afore-faid Bills are ftamped and figned, the Commiffioners aforelaid fliall, within Tweh e Months, exchange the Bills now current, after the Rate of One Shilling, for Seven Shillings and Sixpence, of thole which are at prefent current ; wiiich Difference of Seven Shillings and Sixpence, for One Shilling, Proclamation, hath continued for divers Years paft, and is at prefent the true Difference ; and that alter the Expiration of the Twelve Months aforefaid, the prefent Bills of Credit fliall not be exchanged, nor fhall be a Tender, or taken in any Payment whatfoever. XL AND be it further Enacted, by the Authority aforefaid. That out of the Reft of the Paper Currency, to be ftamped and emitted by this Adf, the feveral Perfons to whom the Public is Debtor, according to the Schedule hereunto annexed, -ihall be paid the Sums refpeftively due to them by the Com.miffioners aforefaid, fo foon as the fame may be conveniently done, after the Bills by this Aft to be emitted fhall be ftamped and figned, of which the Commiffioners aforefaid are to give truly and proper Notice, by Advertifements, fet up at the feveral Court-Hcuies in this Go-vernment, that they will attend at Newbern, to exchange the faid Bills, and pay off the Public Debts, during the Sitting of the Two next fucceeding General Courts, after fuch Notice fet up as aforefaid. XII. AND be it further Enacted, ly the Authority aforefaid. That the Bills of Credit to be emitted by this Aft, fhall be current, and a lawful Tender in all Pay-ments whatfoever, as Proclamation Money, or as Sterling Money, at the proper Diff^erence there is between Proclamation Money and Sterhng ; that is to fay, at Four Shillings, Proclamation Mpney, for Three Shillings Sterling. XIII. AND be it further Enacted, by the Authority aforefaid. That if any Perfon or Perfons fhall counterfeit, alter, or crafe, any of the Public Bills of Credit of this Province, |
