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Power to borrow Money to pay Interest pending Execution of Works.
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VIII. And be it enacted, That when the said Commissioners shall think fit to borrow or raise at Interest or shall have borrowed any Sum of Money under the Powers for that Purpose given by the said recited Act or this Act, it shall and may be lawful for the said Commissioners, if they shall so think fit, to include in such Loan as well the Principal Sum estimated to be I required as all Interest which may be agreed to be paid thereon during the Interval between such Loan and the making of the Award relative to the Works for which such Loan may have been contracted, such Interest to be payable half-yearly or otherwise as the said Commissioners shall think fit; and all Sums so borrowed for Payment of Interest shall be secured in like Manner as the Principal Sum of which the Interest shall have been so provided for as aforesaid.
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