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Any Person liable to Rate for original Cost of Construction may purchase Exemption by paying Twenty Times such Rate.
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XXII. Provided always, and be it enacted, That in case any Person, Party, or Company liable to pay any Rate or Tax for or on account of the Cost and Expenses of the original Construction of any such Reservoir or Embankment as aforesaid shall desire to be exempt from the future Payment thereof, by purchasing from the said Commissioners the Portion of such Rate or Tax to which such Person, Party, or Company shall be liable, it shall and may be lawful for the said Commissioners, upon receiving from such Person, Party, or Company a Sum of Money equal to Twenty Times the Amount of such Rate or Tax, by any Instrument in Writing under the Hands and Seals of the said Commissioners, to exempt such Person, Party, or Company, and the Mills, Lands, and Property of such Person, Party, or Company respectively, from any future Payment of or Charge for or in respect of such Rate or Tax; and the said Commissioners shall pay over to the Company formed under the Provisions of this Act, and which shall have provided Funds for the Construction of such Reservoir or Embankment as aforesaid the Amount of Consideration Money for such Exemption so received from such Person, Party, or Company as aforesaid: Provided always, that nothing herein contained shall be construed to exempt any such Person, Party, or Company, or the Lands or Property thereof respectively, from any Payment of or Charge for or in respect of any Rate or Tax to be imposed, under the Provisions of the said recited Acts or this Act, for the Maintenance and Support of all the Works of said Reservoir or Embankment and other Works which the Commissioners are by said first-recited Act required to maintain and support, with all Expenses incidental thereto.
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