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thereof, and the statements to be published by the ReceiverGeneral, under the eighth section of the said Act, shall show distinctly the amount so held by him in specie.
By 38 V. c. 5, (see infra) the Receiver-General is required to hold in specie not less than fifty per cent. of the amount of Dominion Notes over nine and below twelve millions of dollars.
38 VICT. CAP. 5. An Act further to amend the Acts regulating the Issue
of Dominion Notes.
[A8sented to 8th April, 1875.]
ER Majesty, by and with the advice and consent of the 1 Senate and House of Commons of Canada, enacts as follows:
gold to be
Amount of 1. Whenever the amount of Dominion Notes issued and outheld for
standing shall at any time exceed twelve millions of dollars, the rodemption of Receiver-General shall hold specie to the full amount of such
excess, for the redemption of such notes; and of any amount of the said Notes below twelve millions of dollars, and exceeding nine millions of dollars, the Receiver-General shall hold in specie not less than fifty per cent. of the amount of such Notes above nine millions of dollars, for the redemption of such Notes.
Inconsistent 2. So much of the Act passed in the thirty-fifth year of Her enactments of Majesty's reign and intituled, “An Act to amend the Act 35 V. c. 7, &c., repealed. regulating the issue of Dominion Notes," or of any other Act
as may be inconsistent with the above enactment, is hereby repealed.
31 VICT. CAP. 45.
An Act respecting the Currency.
This Act was repealed by 34 V. c. 4, sec. 11, (page 249,
post) except the following section. Sums men 2. And for the prevention of doubts be it enacted, that all •
sums mentioned in dollars and cents in the Imperial Act known tain Acts to be currency of as the British North America Act, 1867, and in all Acts of the
tioned in cer
Parliament of Canada passed in the present or in any future Ontario, session, shall, unless it be otherwise expressed, be understood, Quebec and
", New Brunsas well with respect to the Province of Nova Scotia as to the wick, other Provinces composing the Dominion of Canada, to be sums in the present currency of the Provinces of Quebec, Ontario and New Brunswick, subject only to the following exception :
The exception only relates to Nova Scotia.
34 VICT. CAP. 4
An Act to establish one Uniform Currency for the
Dominion of Canada,
[Assented to 14th April, 1871.]
HEREAS it is expedient to establish one Uniform Cur- Preamble.
rency for the whole Dominion of Canada; Therefore, Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
1. On and after the first day of July, in the present year of Uniform our Lord one thousand eight hundred and seventy-one, the cur
and after 1st rency of the Province of Nova Scotia shall be the same as that July, 1871. of the Provinces of Quebec, Ontario, and New Brunswick, in all of which one currency, of the uniform value hereinafter mentioned, has been and is now used.
2. The denominations of money in the currency of Canada, Denominashall be dollars, cents, and mills, the cent being one hundredth ti
currency. part of a dollar, and the mill one tenth part of a cent.
i tiong in
3. On and after the said first day of July, 1871, the currency Standard of of Canada shall be such, that the British sovereign of the weight value of and fineness now prescribed by the laws of the United Kingdom, rency. shall be equal to and shall pass current for four dollars eightysix cents and two-thirds of a cent of the currency of Canada, and the half sovereign of proportionate weight and like fineness, for one half the said sum; and all public accounts throughout Pub Canada shall be kept in such currency: and in any statement acoounts, &o., as to money or money value, in any indictment or legal pro- to be kept ceeding, on or after the said day, the same shall be stated in such currency : and in all private accounts and agreements rendered or entered into on or after the said day, all sums mentioned shall be understood to be in such currency, unless some other is clearly expressed, or must, from the circumstances of the case, have been intended by the parties.
cotia, pareement, and with refer Scotia and such a
Payments 4. All sums of money payable on and after the said day to to be made in Nova.
Her Majesty, or to any party, under any Act or law in force Scotia on and in Nova Scotia, passed before the said day, or under any bill, after 1st July, note, contract, agreement, or other document or instrument, 1871, to be in Canada made before the said day in and with reference to that Province, currenoy. or made after the said day out of Nova Scotia and with refer
ence thereto, and which were intended to be, and if such alteration of the currency as aforesaid had not been made, would have been payable in the present currency of Nova Scotia, shall, on and after the said day, be represented and payable, respec
tively, by equivalent sums in the currency of Canada, that is to How to be say, for every seventy-five cents of Nova Scotia currency, by
seventy-three cents of Canada currency, and so in proportion for any greater or less sum ; and if in any such sum there be a fraction of a cent in the equivalent in Canada currency, the nearest whole cent shall be taken.
No bank notes, &c., to be in any other currency.
5. On and after the said day, no Dominion note or bank note payable in any other currency than the currency of Canada, shall be issued or re-issued by the Government of Canada, or by any bank, and all such notes issued before the said day, shall, as soon as practicable, be called in and redeemed, or notes payable in the currency of Canada shall be substituted or exchanged for them.
may cause gold coins to
ho potruck for the United the British ts and tw
Her Majesty 6. On and after the said day, any gold coins which Her
to Majesty may cause to be struck for circulation in Canada, of be struck for the standard of fineness prescribed by law for the gold coins of Canada, and
the United Kingdom, and bearing the same proportion in weight assign thereon value as a to that of the British sovereign, which five dollars bear to four legal tender. dollars eighty-six cents and two-thirds of a cent, sball pass cur
rent and be a legal tender in Canada for five dollars, and any multiples or divisions of such coin, which Her Majesty may cause to be struck for like purposes, shall pass current and be a legal tender in Canada at rates proportionate to their intrinsic value respectively; and any such coins shall pass by such names as Her Majesty may assign to them in her proclamation declaring them a legal tender, and shall be subject to the like allowance for remedy as British coin.
Certain silvery. The silver, copper or bronze coins which Her Majesty has
caused to be struck for circulation in the Provinces of Quebec, eoins struck by order of Ontario, and New Brunswick, under the Acts now in force for circulation
sty, in the said Provinces respectively, shall continue to be current to be a legal and a legal tender therein, and shall, on and after the said day, tonder in... be current and a legal tender in the Province of Nova Scotia, Nova Scotia and through at the rates in the said currency of Canada now assigned to them out Canada. respectively, by the said Acts, and under the like conditions
and provisions; and such other silver, copper or bronze coins as Her Majesty may cause to be struck for circulation in Canada, shall pass current and be a legal tender in Canada, at the rates to be assigned to them respectively by Her Majesty's Royal Proclamation, such silver coins being of the fineness now fixed by the laws of the United Kingdom, and of weights bearing respectively the same proportion to the value to be assigned to them, which the weights of the silver coins of the United Kingdom bear to their nominal value ; and all such silver coins Amount
** which may aforesaid, shall be a legal tender to the amount of ten dollars, be tendered and such copper or bronze coins to the amount of twenty-five in one paycents, in any one payment, and the holder of the notes of any men person or corporation to the amount of more than ten dollars, shall not be bound to receive more than that amount in such silver coins in payment of such notes if presented for payment at one time, although each or any of such notes be for å less sum.
8. No other silver, copper or bronze coins than those which No other
coins of silver Her Majesty shall have caused to be struck for circulation in of Canada, or in some Province thereof, shall be a legal tender bo so. in Canada.
or copper to
9. Her Majesty may, by Proclamation, from time to time, as to foreign fix the rates at which any foreign gold coins of the description, gold date, weight and fineness, mentioned in such Proclamation, shall pass current, and be a legal tender in Canada ; provided that unless and until it is otherwise ordered by any such Proclamation, the gold Eagle of the United States of America, coined after the first day of July, 1834, and before the first day of January, 1852, or after the said day, but while the standard of fineness for gold coins then fixed by the laws of the said United States remains unchanged, and weighing ten pennyweights, eighteen grains, Troy weight, shall pass current and be a legal tender in Canada for ten dollars, and the gold coins of the said United States being multiples and halves of the said Eagle, and of like date and proportionate weights, shall pass current and be a legal tender in Canada, for proportionate sums.
after thJuly, 1834nited State any such polec
States bad proponada,
10. The stamp of the year on any foreign coin made current Proof of by this Act, or any Proclamation issued under it, shall estab- date, &c., of lish primâ facie the fact of its having been coined in that year, and the stamp of the country shall establish primâ facie the fact of its being of the coinage of such country.
11. The first, second, sixth, and seventh sections, of chapter Repeal of eighty-three, of the Revised Statutes of Nova Scotia, third inconsistent
enactments. series, and so much of any other part of the said chapter as may be inconsistent with this Act,-the fifteenth chapter of the Consolidated Statutes of the late Province of Canada, —the Act of the Legislature of the Province of New Brunswick passed in the fifteenth year of Her Majesty's reign, chapter eighty-five, the Act of the said Legislature passed in the sixteenth year of Her Majesty's reign, chapter thirty-three, the Act of the said Legislature passed in the twenty-third year of Her Majesty's reign,
chapter forty-eight, except section two,—and the Act of the Parliament of Canada passed in the thirty-first year of Her Majesty's reign, chapter forty-five, except section two,-shall be repealed on and after the said first day of July, 1871, as shall also all other Acts and parts of Acts inconsistent with this Act.
C. S. U. C. CAP. 7.
due to Government for moneys advanced to Public
CER Majesty, by and with the advice and consent of the
Legislative Council and Assembly of Canada, enacts as follows:
ough whose Munionvey to any Municiparessed therein, may
The Governor 1. The Governor by Order in Council, and on the conditions in Council may and with the provisions and limitations expressed therein, may assign certain claims against assign, transfer and convey to any Municipal Corporation, in or certain Com. through whose Municipality any public work or improvement pances, and to hereinafter mentioned may lie or pass, or to any incorporated how.
Company or other party who may agree to purchase the same, the claim of the Province for any sum of money due from any Company or party, arising out of any advance or payment made by the Government of the Province, or of Upper Canada, under any Act of the Legislature of Upper Canada, to or for any Company incorporated, for the purpose of constructing any canal, railroad, harbour, road or other work and improvement of a public nature that may be mentioned in the Order in Council.
The order in 2. The Order in Council may also include the undertaking of Council may include the
any third person who becomes surety for the due payment of undertaking the consideration money, and the faithful performance of any of sureties.
conditions therein mentioned; and such Order in Council shall transfer to and vest in the assignee therein named, all the rights of the Crown in and to the debt or claim thereby intended to be transferred, and shall have effect according to the tenor thereof, as if the clauses, conditions and provisions thereof were inserted in this Act.
What to be suf. 3. A copy of the Canada Gazette containing any such Order ficient evi- in Council, or any copy of such Order certified by the Provindence of transfer.
cial Secretary, shall be evidence thereof, and the consent and agreement of all the parties named therein shall be presumed unless disputed by such parties, and if disputed, the same may be proved by any copy of the Order in Council on which the consent of the parties is written and attested by such signa