The Interest on Paid. A Tax to be levied and the be applied for the Notes. the current Value thereof, compared with Gold and Silver, as the same shall be settled in Pursuance of an Act passed this Session of the General Court, intitled, "An Act for repealing certain Parts of an Act postponing the Payment of Government Securities to a distant Period, for the Payment of the Interest now due on said Securities, and for altering the several Acts of Government which now relate to the Currency of the Commonwealth, and conforming the same to the Principles of Equality and Justice." And be it further enacted, That the first Interest on said Notes shall be paid at the Expiration of nine Months from the Date thereof, and afterwards annually, until the Principal shall be paid, and both Principal and Interest shall be paid in Silver and Gold, or in Bills of Credit, the Value of which shall be settled as aforesaid; and onefourth Part of the Principal shall be paid in each of the following Years respectively, viz. In the Year One Thousand Seven Hundred and Eighty-five; in the Year One Thousand Seven Hundred and Eighty-six; in the Year One Thousand Seven Hundred and Eighty-seven; and in the Year One Thousand Seven Hundred and Eightyeight. Be it further enacted, That there be and hereby is sums granted to granted a Tax of Four Hundred Thousand Pounds, the Payment of Money, to be levied on the Polls and Estates within this Commonwealth, one Fourth Part of which to be paid into the Treasury of this Commonwealth on or before the First Day of December in each of the Years beforementioned respectively; each of said Sums to be levied according to such Rules and Proportions as shall be agreed upon and ordered by the General Court at their Session in June in each of the Years aforesaid: And the Sums so granted, shall be applied for the Payment of the Notes which shall be issued by Virtue of this Act. And Also a further that the further Sum of Ninety Thousand Pounds, Money, be and hereby is granted as a Tax to be levied as aforesaid. And one-eighth Part thereof shall be paid into the Treasury on or before the First Day of September, in the Year One Thousand Seven Hundred and Eighty-one; and one other Eighth thereof on or before the First Day of May in each of the next following seven Years respectively; which several Sums shall be applied for the Payment of the Interest annually (except the first Interest) of the Sums borrowed as aforesaid. Sum granted. And be it further enacted, That if the General Court shall not, sometime before the First Day of July, in each of the Years beforementioned respectively, agree and conclude upon a Tax-Act, apportioning the Sums to be paid in each beforementioned Year respectively, then, and in such Case, each Town and other Place in this Com- In Case. monwealth, shall pay by a Tax to be levied on the Polls and Estates within their respective Limits, the same Proportion of the said Sums as such Town or other Place was taxed by the General Court in the Tax next preceeding. And the Treasurer of this Commonwealth is hereby empowered and directed, sometime in the Month of August, in every such Year, to issue and send forth his The Treasurer Warrants, directed to the Selectmen or Assessors of each issue his Town or other incorporated Place within this Common- Warrants. wealth, or to some suitable Persons in such Places therein as are not incorporated, requiring them to assess the Polls and Estates within their Limits respectively, for their full Parts and Proportions of the Sums before directed and engaged to be assessed, to be paid into the Treasury on or before the First Day of December in such Year respectively. And the Assessors, as also all Persons thereby assessed, shall observe, be governed by, and subject to, all such Rules and Directions as shall have been given in the next preceeding Tax-Act. empowered to Provided nevertheless, That if the General Court shall Proviso. make Provision for the Payment of the Notes and Interest aforesaid, before the several Years respectively on which the Tax granted is hereby ordered to be laid; then the Clause granting said Tax, together with the other Clauses grounded thereon, shall be void. And be it further enacted by the Authority aforesaid, That the Treasurer's Notes to be issued as aforesaid, for any Sum or Sums received in Gold or Silver, or Bills of Credit of the new Emission, or Government Securities expressly promising Silver and Gold, shall be in the Form following. No. Form of the for the Use Note. COMMONWEALTH of Massachusetts, A. D. Borrowed and received of of the Commonwealth of the Massachusetts, the Sum of which Sum I promise for Myself and Successor in the Office of Treasurer of this Commonwealth, to pay to the said or his Order, one-fourth Part thereof on or before Day of One Thousand Seven Hundred and Eighty-five; one- Day of Witness my Hand, A. B. Committee. H. G. And all Notes to be issued as aforesaid for any Sum or Sums received in any other Way, shall be in the Form following. No. Day of COMMONWEALTH of Massachusetts, A. D. Borrowed and received of for the Use of the Commonwealth of Massachusetts, the Sum of which Sum I promise for Myself and Successors in the Office of Treasurer of this Commonwealth, to pay to the said or his Order, one-fourth Part thereof on or before the A. D. One Thousand Seven Hundred and Eighty-five; one-fourth Part thereof on or before the A. D. One Thousand Seven Hundred and Eighty-six; one-fourth Part thereof on or before the A. D. One Thousand Seven Hundred and Eighty-seven; and the other fourth Part thereof on or before the A. D. One Thousand Seven Hundred and Eighty-eight, with Interest at Six per Cent. per Annum : The first Payment of the Interest to be in nine Months of Day of Day of Day from the Date hereof, and afterwards annually, from the Payment of the first Interest: And the Principal and Interest to be paid in Gold and Silver, or in Bills of Credit emitted by the Continental Congress, or by this Commonwealth, at the current Value of such Bills, compared with Silver and Gold; which current Value shall be determined in the Manner provided by an Act of this Commonwealth, entitled, "An Act for repealing certain Parts of an Act postponing the Payment of Government Securities to a distant Period, for the Payment of the Interest now due on said Securities, and for altering the several Acts of Government which now relate to the Currency of the State, and conforming the same to the Principles of Equality and Justice." Witness my Hand, H. G. Treasurer. A. B. Committee. Which Form shall be printed on good Paper, and having been formed into Books, shall be cut out indentwise therefrom. shaw, Esq; ap. and number Notes. this Common ceive a Loan And be it further enacted, That Samuel Henshaw, Samuel HenEsq; be a Committee to sign and number the Notes pointed to sign in the Form prescribed, before they are filled up by the Treasurer's Treasurer. And be it further enacted, That every Inhabitant of this Inhabitants of Commonwealth, who may hold any Certificates issued wealth may refrom the Department of the Quarter-Master General, may Note in Exreceive a Loan Note of the Treasurer in Exchange for change for such Certificate to the Amount of the Sum, which, agree- issued from the able to the Resolve of Congress of the Twenty-sixth of Department. August last, shall appear to be due to the Possessors respectively, in Bills of Credit of the Emission of the Eighteenth of March, A. D. One Thousand Seven Hundred and Eighty. And Certificates QM General's Provided nevertheless, That there shall not be received Proviso of said Certificates a greater Sum than Tiro Hundred and Fifty Thousand Dollars, which is the Sum required of this Commonwealth by the Resolution aforesaid. the Treasurer is hereby directed to give his Notes according to the real Value of said Certificates, which Value is to be determined in Manner beforementioned. February 17, 1781. 1780. Chapter 13. [January Session, ch. 12.] Chap. 13 AN ACT FOR ERECTING THE DISTRICT OF NATICK, IN THE Preamble. COUNTY Of middlesEX, INTO A TOWN, BY THE NAME OF Whereas by an Act made in the Year of our Lord One Thousand Seven Hundred and Sixty two, the then Society and Parish of Natick, and the Inhabitants thereof were vested with all the Privileges, Powers and Immunities that Districts are vested with, save only the Exception contained in the following Clause, viz. "Provided, that the present Meeting House shall not be removed, nor any new Meeting House erected within the same, without the special License of this Court." And whereas by one other Act made in the Year of our Lord One Thousand Seven Hundred and Seventy-five, among other things it is enacted and declared, that each District within the then Colony, now Commonwealth of Massachusetts, whose Incorporation answers to the Description contained in said Act, "shall be holden, taken, and intended to be a Town to all Intents and Purposes whatsoever;" but no Mention is made in said Act of the District of Natick or of the excepting Clause above recited; in Consequence whereof Doubts have arisen whether the said District of Natick is entitled to the Privileges granted by the said Act herein last mentioned: For the Removal of all Doubts and Disputes relative thereto : Be it enacted by the Senate and House of Representatives in General Court assembled, and by the Authority of Excepting the same, That the before-mentioned excepting Clause, in Act for erecting the Act for erecting the Society and Parish of Natick into a separate District, by the Name of Natick, be and it hereby is repealed and declared null and void. Clause in the the Society and Parish of Natick into a separate Dis. trict repealed. Boundaries confirmed. And be it further enacted by the Authority aforesaid, That the said District of Natick, with the same Bounds and Limits, allowed and confirmed to the Inhabitants when made a District, be and it hereby is erected into a Town, by the Name of Natick. And it is hereby declared, that the Inhabitants thereof are vested with all the Powers, . Privileges and Immunities which other Towns by Law and the Constitution of this Commonwealth do or may enjoy, to all Intents and Purposes whatsoever. |