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How Licences shall be delivered up, or accounted for if lost.
Penalty.
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V. And be it further enacted, That from and after the said Thirty-first Day of August One thousand eight hundred and twelve, whenever any licensed Ship or Vessel exceeding Fifteen Tons Burthen shall be lost, broken up, captured, burnt, seized and condemned, sold, or otherwise disposed of, the Licence which shall have been granted for the same shall, in case the Ship or Vessel was licensed for the Coasting or Fishing Trade only, be delivered up to the Collector of the Customs at the Port to which such Ship or Vessel shall belong, within the Period of Two Months from the Time such Ship or Vessel shall be so disposed of; or in case the Ship or Vessel was licensed for trading to Parts beyond the Seas, then the said Licence shall be delivered up to the Collector of the Customs at the Port to which such Ship or Vessel shall belong, within the Period of One Calendar Month from the Time when the loss, burning, capturing, breaking up, seizing, or condemning of such Ship or Vessel, shall come to the Knowledge of the Owner thereof; or in case the Licence shall have been lost, or taken by the Enemy, satisfactory Proof thereof on Oath shall be made within the same Periods respectively, before the Collector and Controller of such Port, which Oath they are hereby authorized and required to administer; and in case the Licence shall not be produced, and so delivered up, and no such Proof shall be made within the said Periods respectively, the Owner or Owners, and also the Master of such Ship or Vessel, shall forfeit and lose the Sum of Fifty Pounds, if of the Burthen of Fifteen Tons and under the Burthen of One hundred and fifty Tons, and One hundred Pounds, if of the Burthen of One hundred and fifty Tons or upwards: Provided always, that all Licences required under any of the Provisions of this Act shall be granted without any Stamp, Fee, or Reward, or any Payment whatever by the Person requiring the same.
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