collected by 29 Vic. c. 13. IV. The duty by this Act imposed shall be collected and received by the proper officer of the Revenue Department, and the Duty to be collection thereof shall be enforced under the provisions of the law now in force regulating the trade of the Bahama Islands. V. The following Acts and parts of Acts shall be and the same are hereby repealed: The 40th section 14 Vic. c. 21. The 7th, 8th, and 9th sections 17 Vic. c. 2. 22 Vic. c. 23. 26 Vic. c. 3. 3rd and 4th sections 27 Vic. c. 2. 1st section 27 Vic. c. 17. 28 Vic. c. 19. VI. This Act shall commence and take effect on the first day of June, 1866. officers of the Revenue De partment. Acts and parts of Acts repealed. 30 Vic. c. 1. An Act to authorize a Loan of Money for the Service of the Colony by the issue of Treasury Debentures, und for other Purposes. (Assented to 14th November, 1866.) HEREAS many of the public buildings throughout the PREamble. Colony have been either destroyed or have sustained great injury, and a great destruction of the property of the inhabitants of the Colony has been caused by the terrific hurricane which passed over these islands on or about the first of October of the present year; and it has therefore become necessary to raise a sum of money, as well for the re-construction and repair of such buildings, as for affording assistance to the poorer inhabitants of the Colony, to enable them to restore their dwellings, and to continue their accustomed labour in the usual channels of useful occupation; May it, &c.: be issued. I. It shall be lawful for the Governor, from time to time, and at Treasury Deany time before the 31st day of December, which will be in the bentures may year of our Lord one thousand eight hundred and sixty-seven, to raise such sum or sums of money as may be required for the purposes of this Act, not exceeding in the whole the sum of 15,000l. by the issue of Treasury Debentures, for the repayment thereof at a period not less than ten years from the time of the issuing of such debentures respectively. ing, cancelling, and of paying interest on Debentures. II. All debentures to be issued under the authority of this Act Regulates the shall be prepared, signed, issued, and cancelled in the manner and mode of issuform, and by the persons prescribed and designated by the provisions of an Act of Assembly passed in the thirteenth year of her present Majesty's reign, entitled "An Act for regulating the form of Treasury Debentures, and for other Purposes;" and no such debenture shall be for a less amount than the sum of one hundred pounds; and all debentures to be issued as aforesaid shall bear interest at the lowest rate at which the same can be obtained either within the Colony or elsewhere, and such interest shall be payable quarterly out of the Public Treasury, and shall have preference 30 Vic. c. 1. over all other payments to be made out of the Public Treasury aforesaid. Debentures may be re ceived in payment of duties. Government Notes-what portion may be put in circulation. III. It shall be lawful for the Governor, in Council, and he is hereby authorized and empowered, at any time before the expiration of the period fixed for the repayment of any debentures issued under the authority of this Act, by giving thirty days' notice of the intention so to do in one of the Public Newspapers of the Colony, to direct that such debentures be received in payment of duties, or that the same should be paid off by the ReceiverGeneral upon the application of the holders thereof for that purpose. IV. In the event of its becoming lawful for the Government to make and issue Government Notes to be put in circulation as currency in the Colony, then it shall be lawful for the Governor to raise by way of loan, on the security of debentures as aforesaid, only such portion of the sum of 15,000l. as shall exceed the amount of notes so put in circulation as aforesaid. Appropriation V. It shall be lawful for the Governor, in Council, and be it hereby authorized and empowered, out of the moneys so to be obtained as aforesaid, or out of any moneys which may be available in the Public Treasury, to appropriate a sum not exceeding the sum of 15,000l. for the purposes hereinafter specified, that is to say: of Public Money. Repair of ings. Exceptions. Destitute inhabitants of the Colony. 1st. For the re-construction and repair of the public buildings, roads, and other property destroyed or damaged by the late hurricane throughout the Colony, excepting the Quarantine Station at Athol Island, Government wharves and abutments, churches, and the esplanade. 2nd. For providing provisions and other personal relief to the destitute inhabitants of the Colony, and for advancing money by way of loan to the owners of property destroyed or injured by the hurricane; which loans shall be on such security and upon such terms as the Governor, in Council, may require. Trustees of any 3rd. For advancing to Trustees on behalf of any religious body, Religious body. such sums of money as may be required by them for the purpose of re-constructing or repairing any church, chapel, or schoolhouse, destroyed or damaged by the hurricane, which loans shall be made for a period, and upon security, to be approved of by the Governor, in Council, and shall bear interest at the rate which shall be payable upon debentures issued under the authority of this Act. Form of Note VI. Whenever any money shall be loaned by the Governor, in to be executed. Council, under the authority of the preceding section, the party borrowing the same shall execute a note therefor, in the following form : Received from the Bahama Government, the sum of £ money advanced to me by way of loan (for the repair or reconstruction of my boat, vessel, or house, &c. ; insert accurate description); and I hereby covenant to repay the same to the Receiver-General for the time being, with interest at the rate of per cent., in (months or years) from the date hereof. Witness my hand and seal this Witness. A. D. 1866. day of (L.S.) And the execution of such note shall be witnessed by such person or persons as the Governor may appoint for that purpose, 30 Vic. c. 1. free of any charge to the Colony. VII. Upon the execution of any such note, the same shall be Notes to be deposited in the office of the Receiver-General at Nassau; and deposited with there shall be kept in the offices of the said Receiver-General and Receiver-General. of the Registrar of Records a book in which an alphabetical record Names of perof the names and descriptions of persons executing such notes, and of the amounts repectively obtained by them, and of the property in respect of which such loans were obtained, with the corded. dates and periods for repayment, which book shall be open at all times, during office hours, to public inspection. sons executing notes to be re ment of loan. VIII. Upon the due execution of any such note, the property Property to in respect of which such loan has been obtained shall stand charged stand charged with the repayment of the amount loaned as aforesaid, which shall with the paybe and continue a permanent lien thereupon, until repayment; and no disposition thereof, until the repayment of the amount advanced as aforesaid, shall be valid or effectual to discharge the said lien. amount upon the security of a Note. IX. If default should be made in payment of any amount due Mode of reupon the security of any such note as aforesaid, it shall be lawful covering any for the Receiver-General to deposit the same with the Prothonotary of the general court, and thereupon the same shall, in all respects, have the effect and be dealt with and disposed of, and the amount thereof shall be recovered in the manner and by the process now by law provided with regard to notes of hand, or bonds, deposited with the Prothonotary by the Trustees or Cashier of the Bank. X. The amount of all loans repaid, or recovered and received, Loans repaid together with the interest thereon, shall, from time to time, be or recovered, applied towards the repayment of the sums of money which have how applied. been borrowed and may then be due under the authority of this Act. XI. And whereas the Governor, with the advice of the Council, Indemnifica upon the pressing emergency occasioned by the late hurricane, tion for money has already expended certain sums of money in furtherance of already expended on purposes contemplated by this Act; be it enacted, that all sums of account of money heretofore expended and appropriated by the Governor hurricane, for the purposes aforesaid, shall be held and taken to be money expended and appropriated under the authority of this Act. And the Governor and all persons acting under his authority and by his direction, are hereby fully indemnified and saved harmless therefor, in the same and the like manner, and to all intents and purposes, as if they had acted under the express authority of this Act. XII. The Public Revenue of the Colony shall, at all times, Revenue to be stand and be held as a pledge and security for the repayment of held as security all sums of money for which debentures may be issued under the for repayment authority of this Act; and the repayment of such amounts shall have preference over all other payments to be made out of the Public Treasury of the Colony. of debentures. XIII. The Governor shall cause to be laid before the Legisla- Accounts of ture, at its annual meeting, a detailed account of all amounts money borwhich may have been borrowed, with the rate of interest, and of rowed to be laid before the the money expended, together with such further information as Legislature. 1867. S 30 Vic. c. 1. may be necessary to show what has been done under the authority of this Act. Expenses of this Act, how paid. XIV. It shall be lawful for the Governor, in Council, to defray out of the Public Treasury, by warrant in the usual manner, all expenses incidental to carrying into operation the provisions of this Act. Repeals 27 section of 14 Vic. c. 21. 30 Vic. c. 5. An Act to repeal the Law under which Anchorage Duties are imposed on Shipping arriving at the Port of Nassau. (Assented to 2nd April, 1867.) I. That from and after the passing of this Act the 27th section of the Act 14 Vic. c. 21 shall be and the same is hereby repealed. PREAMBLE. Materials for constructing a 30 Vic. c. 17. An Act for exempting from the Payment of Import Duties all Articles which may be imported by the Inagua Salt-manufacturing and Transportation Company, limited, for the purpose of being used in the Construction of a Wharf at Mathew Town, Inagua. (Assented to 13th May, 1867.) HEREAS the Inagua Salt-manufacturing and Transportation Company have, by petition to the House of Assembly, shown that they have been duly incorporated, as under the Companies' Act, 1866, with a paid-up capital of six thousand pounds sterling, that they have commenced the construction of a Tramway at Mathew Town, Inagua, for the conveyance of salt from the salt ponds to the shipping places at an estimated cost of six thousand pounds sterling, and that they have it in contemplation to erect a Wharf, in connexion with and in continuation of the Tramway, at an estimated cost of between two and three thousand pounds sterling; but that, considering the outlay already incurred, and that now contemplated, the liability to import duties on the lumber and iron work necessary for the construction of such wharf will seriously delay, if not endanger the raising of the increased capital required to carry out the plans of the Company, and praying relief; And whereas the works already commenced, and those contemplated by the said Company, may tend materially to promote the interest and prosperity of the Island of Inagua, and the undertaking of the Company is therefore deserving of legislative encouragement and support; May it, &c.: I. That all lumber and iron, which may be imported and brought to the port of Mathew Town, Inagua, by the Inagua Salt-manu facturing and Transportation Company, limited, for the purpose 30 Vic. c. 17, of being used, and which shall be used by the Company in the construction of a Wharf at Mathew Town aforesaid, in connexion Wharf at with and in continuation of the Tramway which has been already Inagua, not to commenced by the said Company for the transport of salt from the pay duty. salt ponds aforesaid, shall be admitted free of all import duties whatever. make and carrying this II. All orders necessary for carrying this Act into execution Receivershall be issued by the Receiver-General and Treasurer, who is General to hereby authorized and empowered to make special rules for regue rules for lating the landing of articles, in respect of which exemption from import duties is claimed under this Act, and for securing the Act into payment of duties on any portions of such articles which may effect. subsequently be applied to any use other than that hereinbefore specified. 30 Vic. c. 19. An Act to encourage Trade within the Bahama Islands. (Assented to 13th May, 1867.) WHEREAS it is necessary to amend the Laws relating to PREAMBLE, the Revenue, and to afford better facilities for Trade; May it, &c.: I. All vessels engaged in whale fishery shall have the privilege Whalers may of landing and reshipping their cargoes of oil and bone at any land and reship warehousing port within the Colony; and of purchasing their their cargoes free of portstores, in bond or duty paid, free of all port-charges except charges, expilotage. And any vessel or vessels by which said cargoes may cept pilotage. be transhipped, shall, in like manner be exempt from all portcharges, as aforesaid, provided they take no additional cargo, subjecting them by law to pay tonnage-dues. capital of II. That any Company which may be duly registered under Port-charges the Companies' Act of 1866, with a capital of not less than fifty not to be paid thousand pounds for the purpose of carrying on an import and by any Import export trade at any warehousing port of the Colony, shall have Company with the privilege of importing entire cargoes, to be entered in bond £50,000. for the purpose of re-shipment for exportation, without the vessels in which such cargoes are imported, or those in which they may be shipped for exportation, being subjected to the payment of tonnage-dues, or any port-charges other than pilotage: Provided that if any cargo, or any part of a cargo, which may Proviso. have been so imported, shall be at any time afterwards taken out of bond for consumption in the Colony, that then and in every such case, the importing company shall be liable to, and shall pay all such dues and charges as they may previously have claimed, and been allowed exemption from, in respect to the vessel in which such particular cargo or part of a cargo was imported. III. That any Steam-packet Company, establishing a Depôt at Privilege of any Island of this Government, shall have the privilege of bond- steam-packet ing goods or transhipping goods from any of their vessels to companies. another without being subject to any warehousing tax, and all |