University of Virginia Library

[SECT. 3.]

That from and after the thirty-first day of March, which shall be in the year of our Lord one thousand seven hundred and fifty, the possessor and possessors of each and every of the bills of credit of this province which shall then be outstanding, upon bringing such bill or bills to the treasurer aforesaid, shall be intitled to and receive, in exchange for every such bill or bills, silver at the rate following; viz., for change of every such bill or bills, silver at the rate following; viz., for every forty-five shillings in bills commonly known and understood by bills of the old form and tenor, one piece of eight; and for every eleven shillings and three pence in bills of the new form and tenor, and also of the middle form and tenor, one piece of eight; and so proportionably for a greater or less sum in the bills of each and any of the forms and tenors aforesaid: provided, nevertheless, that if the possessors aforesaid shall not offer such bills in exchange within one year from and after the said thirty-first day of March, one thousand seven hundred and fifty, all right or claim to the redemption or exchange thereof shall determine and cease.

Provided always, —