GNB
Provincial Archives of New Brunswick

Fort Havoc (Wallace Hale)

Info The language of the text is the original used by Wallace Hale. Records acquired by the Provincial Archives are not translated from the language in which they originate.

Introduction | Genealogies | Loyalist Reference Documents | Loyalist Reference Text | New Brunswick | W. O. Raymond Scrapbook | Ship Passenger Lists
 

CAP. VI.

An ACT to alter and amend an Act, intituled, "An Act for ascertaining Damages of Protested Bills of Exchange."

Preamble.

26 G. 3, C. 22.

 

 
WHEREAS in and by an Act made and passed in the Twenty-sixth year of His Majesty's reign, intituled, "An Act for ascertaining Damages on Protested Bills of Exchange," it is enacted, "That all Bills of Exchange drawn by Persons residing within this Province, 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:"   And Whereas the said damages are found in many such cases to be inadequate to the loss;

Protested Bills of Exchange drawn upon persons residing in the West Indies, subject to 10 per cent. damages and charges, and 6 per cent. interest.

 
II.   Be it enacted by the Lieutenant Governor, Council, and Assembly, That from and after the First day of June next, all Bills of Exchange drawn by persons residing within this Province on persons residing in the West Indies and sent back protested, shall be subject to ten 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, any thing in said herein before recited Act to the contrary notwithstanding.

26 G. 3, C. 22, except as herein amended, to be in force.

 
II.   And be it further enacted, That the said herein before recited Act, and every clause, matter and thing therein contained, except wherein it is hereby altered and amended, shall be and remain in full force, any thing herein before contained to the contrary notwithstanding.

________________

C. 6. Anno XXXIV. Geo. III.   A. D. 1794.


4.11.1