Chap. 0032 AN ACT IMPOWERING THE PROVINCE TREASURER TO BORROW THE SUM OF FIVE THOUSAND POUNDS, AND FOR APPLYING THE SAME TO DEFR[A][E]Y THE CHARGES OF THE INTENDED EXPEDITION WESTWARD.
Be it enacted by the Governour, Council and House of Representatives, [Sect. 1.] That the treasurer of the province be and hereby is irn-powered and directed to borrow of such persons as shall be willing to lend the same, a sum not exceeding five thousand pounds, in Span[n]ish mill[e]'d dollars, at six shillings each, or in other silver at six shillings and eightpence per ounce ; and the sum so borrowed shall be appl[y] [i]cd b}r the treasurer for the payment of all such draughts as shall be drawn on him by the governour or com[m]ander-in-ch[ei] [?'e]f for the time being, by and with the advice of the council, for the service of the intended expedition westward; and for every sum so borrowed, the treasurer shall give a receipt and obligation in the form following; viz".,-
Province of the Massachusetts Bay, day of 1755.
Received of the sum of , for the use and service of
the province of the Massachusetts Bay, and, in behalf of said province, I do hereby promise and oblige myself and successors in the office of treasurer to repay to the said or order, on or before the first day
of June, one thousand seven hundred and fifty-seven, the aforesaid sum of .  , in coined silver of sterling alloy, at six shillings and eightpence per ounce, or Spanish mill[e]'d dollars of full weight, at six shillings each, with interest annually, at the rate of six per cent per annum.
Witness my hand, A. B., Treasurer.
And to enable the treasurer to discharge the said obligations,- Be it further enacted,
[Sect. 2.] That there be and hereby is granted to his most excellent majesty, a tax of five thousand six hundred pounds, to be levied on the polls and estates within this province, according to such rules as shall be ordered by the general court of this province at their sessions in May, one thousand seven hundred and fifty-six.
And be it further enacted,
[Sect. 3.] That in case the general court shall not, at their sessions in May, one thousand seven hundred and fifty-six, agree and conclude upon a tax act to draw into the treasury the aforesaid sum of five thousand six hundred pounds, that then the treasurer of the province for the
Tax of £5,600 granted.
Rale for apportioning the tax in case no tax act shall be agreed on.
time being shall issue his warrants, directed to the selectmen or assessors of the several towns and districts in this province, requiring them respectively to assess, levy and pay in their respective proportions of said sum, according to the rates and proportions, rules and directions of the last preceeding tax act. [Passed March 29 ; 'published March 31, 1755.