STATUTES, PROCLAMATIONS, RULES, ORDERS, ETC. 1175 



and to the effect hereinafter set forth which Debentures shall be 

 issued for sums of not less than one hundred pounds, respectively, 

 and shall express therein the rate of Interest agreed to be paid, and 

 the day of the month and year in which they shall be respectively 

 issued, and shall be numbered in succession from One upwards and 

 shall be signed by the said Treasurer for the time being, and counter- 

 signed by the Colonial Secretary, and shall be assignable and trans- 

 ferable by endorsement of the Parties to whom the Debentures shall 

 respectively be issued. 



XL And l>e it further enacted, that the Interest on the said De- 

 benture shall be payable half yearly, on the last days of June and 

 December in each year, at the office of the said Treasurer and the said 

 Treasurer shall not be required to commence the payment of the In- 

 stalments hereinbefore mentioned, until after two years from the date 

 of the said Debentures respectively. 



No. 106. 1835, May 8: Newfoundland Statute, 5 ~Wm. IV (2nd 



Session) , Cap. 7. 



An Act for the Establishment of a Light House on Harbour-Grace Island. 



[8th May, 1835.} 



Whereas it is considered that the question of a Light House on 

 Harbor-Grace Island, in Conception Bay, would tend much to the 

 safety of ships and vessels bound for, and putting into, the ports and 

 harbours of the said Bay : 



Be it therefore enacted, by the Governor, Council and Assembly 

 of Newfoundland, in Colonial Parliament assembled, that it shall 

 and may be lawful for the Governor, or Acting Governor of New- 

 foundland, for the time being, by and with the advice of His 

 Majesty's Council to appoint five persons to be Commissioners- for the 

 purpose of superintending and regulating the erection of a Light 

 House on Harbor-Grace Island aforesaid, and for carrying into effect 

 the provisions of this Act; and in case of the death, absence or resig- 

 nation of any of such Commissioners, it shall and may be lawful for 

 the Governor or Acting Governor, for the time being, by and with 

 the advice aforesaid, to nominate and appoint a Commissioner or 

 Commissioners in his or their stead, who shall have the like power 

 and authority conferred by this Act upon the first appointed Com- 

 missioners. 



II. And be it further enacted, that the Treasurer of the Colony 

 shall, and he is hereby authorised to raise by loan, from such person 

 or persons, or Body Corporate, as will advance the same, a sum not 

 exceeding in the whole one thousand pounds sterling, chargeable 

 upon and to be repaid out of the Public Funds of this Colony, to- 

 gether with Interest not exceeding six per centum per annum, in 

 annual instalments of not more than two hundred pounds sterling, 

 in the way and manner hereinafter provided. 



III. And be it further enacted, that the said Commissioners, or 

 the major part of them, shall without delay procure plans of the said 

 intended Light House or Building, and estimates of the expenses of 

 materials and workmanship necessary to complete the same, which, 

 together with all Contracts that may be entered into by the said 

 Commissioners, shall previously to their being executed be laid before 



