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Archives provinciales du Nouveau-Brunswick

Fort Havoc (Wallace Hale)

Info Le langage employé dans les textes est celui utilisé par Wallace Hale. Les documents dont les Archives provinciales font l’acquisition ne sont pas traduits de la langue dans laquelle ils ont été produits.

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CAP. XXII.

An ACT for ascertaining Damages on Protested Bills of Exchange.

Protested Bills on Europe subject to ten per cent. damages, cost of protesting, postage and six per cent. interest.

 
I.   BE it enacted by the Governor, Council, and Assembly, That from and after the first day of April, one thousand seven hundred and eighty-six, all Bills of Exchange drawn from and after said time by persons residing within this Province upon Persons in Europe, that may be sent back protested, shall be subject to ten per cent. damages together with the accustomed charge of protesting and postage, and also six per cent. per annum interest on the amount of principal, damages and charges, to commence from the day of the date of the protest on said Bill for non-payment, and continue till the same is paid.

Protested Bills on America and West Indies subject to five per cent. damages, &c.

 
II.   And be it further enacted, That all Bills of Exchange drawn by persons residing within this Province after said time, on persons in any part of America and the West Indies, and sent back protested, shall be subject to five per cent. damages together with the accustomed charge of protest and postage, and also six per cent. per annum interest on the amount of principal, damages and charges, to commence from the date of the protest for non-payment, and continue till the same is paid.

Protested Bills drawn by persons not residing in the Province.

 
III.   And be it further enacted, That all Bills drawn, or endorsed by persons not residing in this Province, and who at any time may be found therein, shall be subject to the same damages, charges and interest, as if the same had been drawn or endorsed by persons who actually did reside in the Province.

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C. 22. Anno XXVI. Geo. III.   A. D. 1786.

[See also 34 G. 3, C. 6.]


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