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SESSION OF 1889.90

4. (1) When any sum or sums shall be Certificates of sums borrowed as aforesaid, the chairman, church borrowed, how and by whom given, warden and senior member of the said vestry in vestry assembled, shall give to the persons, bodies politic or corporate from whom any sum or sums may be borrowed, certificates showing the amount borrowed, and the names of the persons (with their proper additions) bodies politic or corporate from whom borrowed, with the rate of interest thereon, and appointing the dates. and the place of payment, which dates and place of payment are to be at the Parochial Treasurer's Office in the said parish six months next after the dates of such certificates.

(2.) Such certificates shall not altogether Number, and exceed thirty, and shall be numbered and amount of each of such certificates. dated, and no certificate shall be issued for less than the sum of one hundred pounds.

(3) The certificate shall be made in the Form of certifi. words or to the effect in schedule A to this cate,

Act.

to be made.

5. (1) An entry or memorial of every Entry of partic such certificate containing the number and ulars of certificates date thereof, and the names of the persons (with their proper additions) bodies politic or corporate to whom the same shall have been made, and of the sum borrowed, together with the rate of interest to be paid thereon, and the date on which the sum mentioned in the said certificate is appointed to be paid, shall within fourteen days after the date thereof be entered in a book to be kept for that purpose by the Parochial Treasurer of the said parish, which book may be perused at all convenient hours of the day by any person interested in any certificate

Power of transfer

Form of transfer.

Transfer to be

LAWS OF BARBADOS

upon payment of a fee of sixpence to the Parochial Treasurer.

(2) All persons bodies politic or corporate to whom any such certificate shall have been issued as aforesaid, or who shall become entitled to the money due thereon, may from time to time transfer their respective rights and interests therein to any other person bodies politic or corporate.

(3) Any transfer thereof shall be in the words or to the effect in schedule B to this Act, and must be attested by two witnesses. (4) Every such transfer shall be produced produced to Paro- to the Parochial Treasurer of the said parish chial Treasurer. who shall cause an entry or memorial to be made thereof in the same manner as of the original certificate, for which entry or me morial the Parochial Treasurer shall be paid a fee of two shillings and sixpence.

After entry there (5) After such entry made, every transfer of assignee entitled shall entitle such assignee or his executors to full benefit of administrators and assigns to the full benefit certificate. of the certificate and payment thereof, and it shall not be in the power of any person bodies politic or corporate who shall have made such transfer, to make void, release or discharge the transfer, or any sum of money then due or owing thereon or thereby secured, or any part thereof.

Transfer not valid until noted,

(6) No transfer of any certificate issued under the authority of this Act, shall be of any force or validity until the same shall have been duly noted in the book to be kept for that purpose by the said Parochial Treasurer Payment of inter6. On the day or respective days appointed est and of princi. in the certificates for the payment of the moneys and interest named therein, the vestry of the said parish shall on demand

pal.

SESSION OF 1889-'90.

pay, through the Parochial Treasurer of the said parish at his office, to the holders of the respective certificates the several amounts named therein respectively together with all interest due thereon to such day or days.

7. From and after the day appointed in Interest on certifieach certificate for the payment of the cates when to cease. money named therein, all interest shall cease

and determine in respect of the money named in such certificate, and that notwithstanding that payment of the money named in such certificate shall not have been made through not having been demanded.

led.

Delivery of certi

8. Every certificate shall together with the transfers thereof (if any,) at the time of ficates to be cancelthe payment of the money named in such certificate together with all interest thereon as aforesaid, be delivered up to the said vestry and shall forthwith be cancelled or destroyed by them; provided always that if any certificate or transfer shall have been destroyed, lost or mislaid, the vestry shall still pay the sum named in such certificate and the interest thereon, to the person, bodies politic or corporate whom they may consider entitled to the same respectively, upon being satisfied (at the cost of such person, bodies politic or corporate) that such certificate has been destroyed or cannot be found, and upon receiving such sufficient guarantee of indemnity as they may think fit to require, or as they may by their counsel in the law be advised to require.

Interest and costs

9. The said vestry are hereby authorised and required to lay a rate at the same time and expenses of this that the ordinary rates for the current paro- Act to be defrayed chial year are laid in the said parish for the by a rate. purpose of meeting the interest on the mo

LAWS OF BARBADOS

ney hereby authorised to be borrowed and the costs and expenses of preparing, obtaining and passing this Act; and also for de fraying all expenses incurred by them from time to time in carrying out the provisions

of this Act.

10. All acts matters and things authorised Majority of Ves- or necessary to be done or executed by the try may execute said vestry under this Act may be done and executed by the majority of the members of the said vestry in vestry assembled.

this Act.

SCHEDULE A.

CERTIFICATE NUMBER.

The Saint Michael's Parish Rating and
Loan Act, 1890.

WE, the Chairman, Churchwarden, and senior member of the vestry of the parish of Saint Michael in vestry assembled, do with the authority of the said vestry, hereby certify that the said vestry have under the provisions of the said Act borrowed from

the sum of

of

pounds which sum has been paid to the said vestry, and is to carry interest from this date at the rate of per centum per annum, and the said sum with the interest thereon is to be repaid at the Parochial Treasurer's Office in the said parish on the

189

day of

day of

Given under our hands this

1890.

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hereby transfer a certificate dated the day of

1890, and numbered made by the vestry of the parish of Saint Michael under the provisions of the said Act for securing the sum of pounds and interest thereon, and the money thereby secured, and all my right and interest in and to the same, to executors administrators and assigns, for value of him received.

of

his

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An Act to amend the law relating to the giv ing of alarms of fire.

B

E it enacted by the Governor, Council and Assembly of this Island, and by the authority of the same, as follows;

1. Any person who gives an alarm of fire

Penalty on givto any police officer or member of the Fire ing knowingly a Brigade, knowing the same to be false, shall false alarm of fire.

on conviction before a police Magistrate be

liable to a penalty not exceeding five pounds. 2. Any penalty under this Act may be

How

and by

recovered in a summary manner by the whom recoverable. Superintendent of the Fire Brigade.

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