|
|
Commissioners may borrow Money for the Purposes of this Act.
|
XCIX. And be it enacted, That it shall and may be lawful for the said Commissioners, from Time to Time, as occasion shall require, to borrow and take up at Interest, of and from any Person who shall be willing to advance and lend the same, any Sum or Sums of Money required for defraying the Costs, Charges, and Expences incurred or to be incurred by them in the Execution of any Works for the Drainage or Improvement of any Land, or the Navigation of any River, or the Formation of any Reservoir, under or by virtue of this Act; and the Repayment of such Sum or Sums of Money, with Interest, at a Rate not exceeding Five Pounds per Centum per Annum, shall be secured to the Party lending the same upon the Monies accruing to the said Commissioners under of by virtue of the Award to be made by the said Commissioners as herein-after mentioned.
|
