£55,000 to be raised by Debenture, for payment of War Losses. Receiver General to issue Debentures for any sum not II. And be it further enacted by the authority aforesaid, That from and after the passing of this Act it shall and may be lawful for His Majesty's Receiver General of this Province to raise by loan, such a sum, not exceeding Fifty-five Thousand Pounds, from any person or persons, bodies Politic or Corporate, who may be willing to advance the same upon the Debentures authorized to be issued by virtue of this Act, at a rate of Interest not exceeding Four per Centum per annum, payable half yearly, as shall, together with the monies already appropriated for that purpose, be sufficient to pay the sum of Fifty-seven Thousand, Four Hundred and Twelve Pounds, Ten Shillings, Sterling, towards the liquidation of the said claims. III. And be it further enacted by the authority aforesaid, That it shall and may be lawful for the Receiver General of this Province for the time exceeding £55,000. being, to cause any number of Debentures to be made out for any sum or sums of money, not exceeding in the whole the said sum of Fifty-five Thousand Pounds, as any person or persons, Bodies Politic or Corporate, shall agree to advance on the credit of the said Debentures, which Debentures shall be prepared and made out in such method and form as His Majesty's Receiver General of this Province for the time being shall think most safe and convenient, and that for each loan or advance a Debenture shall issue, bearing date on the day on which the same shall be actually issued, expressed to be for the payment of Fifty-five Thousand Pounds, or such part thereof as may be actually received, and redeemable at the expiration of twenty years, and signed by the Receiver General of this Province for the time being. Redeemable in twenty years. Certain provisions extended to this Act. IV. And be it further enacted by the authority aforesaid, That all in 7 Geo. 4, ch. 20, and every the provisions contained in a certain Act of the Parliament of this Province, passed in the seventh year of Ilis late Majesty's Reign, entitled "An Act to authorize the Government to borrow a certain sum of money, upon Debentures, to be loaned to the Welland Canal Company," respecting the Debentures authorized by the said Act passing current with Public Accountants; the payment of Interest on the same by such Accountants, and the suspension of Interest in certain cases; the submitting to the Legislature accounts of such Debentures; the paying off and cancelling the said Debentures; and the punishment awarded for forging any of the said Debentures, or for any thing relating thereto, shall apply to and be in force in respect to the Debentures which shall be issued under the authority of this Act. V. And be it further enacted by the authority aforesaid, That all monies required to be paid by virtue of this Act shall be paid by the Receiver General of this Province, in discharge of any such Warrant or Monies how paid and CHAP. XXVII. AN ACT to afford further Relief to the Snfferers who sustained Loss during the late War with the United States of America. [Passed 13th February, 1833.] MOST GRACIOUS SOVEREIGN. WHEREAS a Bill hath passed the House of Assembly of this Pro- Sterling, required by the Despatch of Earl Bathurst, His Majesty's Principal Secretary of State for the Colonies, to be raised exclusively upon the credit of this Province, before His Majesty's Government would make any further payment on account of the said losses; which sum of three thousand, two hundred and ninety-one Pounds, thirteen Shillings, and four Pence, Provincial Currency, it is therefore expedient should be raised by loan and granted to His Majesty to make up the said deficiency: and whereas, it is also doubtful whether the before mentioned sum of fifty-five thousand Pounds could be borrowed in the Province, at so low a rate of interest' as four per centum payable in this Province: Be it therefore enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Assembly of the Province of Upper Canada, constituted and assembled by virtue of and under the authority of an Act passed in the Parliament of Great Britain, entitled "An Act to repeal certain parts of an Act passed in the fourteenth year of His Majesty's Reign, entitled 'An Act for making more effectual provision for the Government of the Province of Quebec in North America, and to make further provision for the Government of the said Province,'" and by the authority of the same, That from and after the passing of this Act it shall and may be lawful for His Majesty's Receiver Further sum, not ex. General of this Province to raise by Loan such a further sum, not exceeding £3,291 13 4, to be raised, and ceeding three thousand, two hundred and ninety-one Pounds, thirteen applied towards pay- Shillings and four Pence, from any person or persons, Bodies Politic or Corporate, who may be willing to advance the same upon the Debentures authorized to be issued by virtue of this Act, as shall together with the said sum of fifty-five thousand Pounds, and monies already raised from the said Duties on Salt and Whiskey, and appropriated for that purpose, be sufficient to pay the sum of fifty-seven thousand, four hundred and twelve Pounds, ten Shillings, Sterling, towards the liquidation of the said claims, which sum is hereby granted to His Majesty towards the payment of the losses sustained by the said Sufferers during the late War with the United States of America. ment of War Losses. Rate of Interest at borrowed. II. And be it further enacted by the authority aforesaid, That the said which money to be several sums of fifty-five thousand Pounds, and three thousand, two hundred and ninety-one Pounds, thirteen Shillings and four Pence, shall and may be raised at any rate of interest, not exceeding four per centum per annum payable half yearly in London, or five per centum per annum payable half yearly in this Province, any thing in the said in part recited Bill to the contrary notwithstanding. Receiver General to issue Debentures. III. And be it further enacted by the authority aforesaid, That it shall and may be lawful for the Receiver General of this Province, for the time being, to cause any number of Debentures to be made out for any such sum or sums of money, not exceeding in the whole the said several sums of fifty-five thousand Pounds, and three thousand, two hundred and ninety-one Pounds, thirteen Shillings and four Pence, as any person or persons, Bodies Politic or Corporate, shall agree to advance on the credit of the said Debentures, which Debentures shall be prepared and made out in such method and form as His Majesty's Receiver General of this Province, for the time being, shall think most safe and convenient; and that for each loan or advance a Debenture shall issue, bearing date on the day on which the same shall be actually issued, expressed to be for the payment of the said several sums of fifty. five thousand Pounds, and three thousand, two huudred and ninety-one Pounds, thirteen Shillings and four Pence, or such part thereof as may be actually received, and redeemable at the expiration of twenty years, and signed by the Receiver General of this Province, for the time being. how to be paid. IV. And be it further enacted by the authority aforesaid, That the Interest growing due upon the said Debentures shall and may be Interest when and demandable in half yearly periods computing from the date thereof, and shall and may be paid on demand by the Receiver General of this Province, for the time being, who shall take receipts for the same from the parties respectively, and that the Governor, Lieutenant Governor, or Person Administering the Government of this Province, shall after the thirtieth day of June, and thirty-first day of December in each year, issue Warrants to the Receiver General for the payment of the amount of Interest that shall have been advanced according to the receipts to be by him taken as aforesaid. V. And be it further enacted by the authority aforesaid, That all and extended to this Act every the provisions contained in a certain Act of the Parliament of this Certain provisions Province passed in the seventh year of His late Majesty's Reign, entitled of 7 Geo. 4, ch. 20, "An Act to authorise the Government to borrow a certain sum of money upon Debentures to be loaned to the Welland Canal Company," respecting the Debentures authorized by the said Act passing current with certain public Accountants; the payment of Interest on the same by such Accountants, and the suspension of Interest in certain cases; the submitting to the Legislature Accounts of such Debentures and the Interest paid thereon and the expenses attending the same; the remuneration to the Receiver General for the services required by the Act; the paying off and cancelling the said Debentures, and the punishment awarded for forging any of the said Debentures, or any endorsement thereon, or for uttering or tendering in payment any such Debenture, knowing the same to be forged, or for any thing relating thereto, shall apply to and be in force and accounted for. in respect to the Debentures which shall be issued under the authority of this Act. VI. And be it further enacted by the authority aforesaid, That all Money how to bepaid Monics required to be paid towards the compensation of the said Losses by the authority of this or of any other Act passed or to be passed, shall be paid by the said Receiver General in discharge of such Warrant or Warrants as shall for that purpose be issued by the Governor, Lieutenant Governor, or Person Administering the Government of this Province; and shall be accounted for to His Majesty by the Receiver General of this Province, through the Lords Commissioners of His Majesty's Treasury for the time being, in such manner and form as His Majesty, His Heirs and Successors, shall be graciously pleased to direct. Preamble. CHAP. XXVIII. AN ACT to repeal part of, and amend an Act passed in the Fiftyseventh year of the Reign of His late Majesty King George the Third, entitled "An Act to establish a Police in the Towns of York, Sandwich, and Amherstburgh." [Passed 13th February, 1833.] WHEREAS the Law now in force authorizing the Magistrates in the Town of York to raise by Assessment a sum not exceeding One Hundred Pounds, for Police purposes, as therein mentioned, is found, from the great increase of the said Town, insufficient:-Be it therefore enacted, by the King's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Assembly of the Province of Upper Canada, constituted and assembled by virtue of and under the authority of an Act passed in the Parliament of Great Britain, entitled "An Act to repeal certain parts of an Act passed in the fourteenth year of His Majesty's Reign, entitled An Act for making more effectual provision for the Government of the Province of Quebec in North America, and to make further provision for the Government of the said Province,'" and April in each year, by the authority of the same, That from and after the passing of this to raise by Assessment Act, it shall and may be lawful for the Magistrates of the Ilome Dis• sam not exceeding trict, or the major part of them, in Quarter Sessions assembled, in the month of April in each and every year, to raise by Assessment from the persons rated upon any Assessment for property in the said Town, a sum Magistrates of the four pence in the pound on rateable property in the Town of York. |