OpenLegislation

Section XLII Orders for Payment of Money lent may be assigned by Indorsement.

Original text. Later amendments are not shown.

Memorial thereof without Fee.; Assignee may in like manner assign.

And bee it further enacted by the authority aforesaid That the Treasurer of the Navy and the Treasurer or Paymaster of the Ordnance respectively may assigne and transferr any part of the said moneys due and payable unto them upon any Order by Indorsment upon such Order which being notified and an Entry and memoriall thereof alsoe made in the Office of the Auditor of the Receipt (which on request he shall accordingly make without Fee or Charge) shall intitle such Assignee his Executors Administrators and Assignes to the benefitt of such Order or Orders or any part thereof and payment thereon and such Assignee may in like manner assigne againe and soe toties quoties and afterwards it shall not be in the power of such person or persons who have made such Assignments to make void release or discharge the same or the moneys thereby due or any part thereof