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Commissioners to pay off Debentures on Notice after Period limited, for such Purpose.
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VII. And be it enacted, That in all Cases of Debentures issued as herein-before provided it shall be lawful for the said Commissioners, at any Time after the Expiration of the Period when, under the Provisions aforesaid, any such Debenture may, upon Notice as aforesaid, become payable, to publish a Notice in the Dublin Gazette, and in such other Newspapers as they shall deem fit, fixing a Time, not sooner than Two Calendar Months from the Date of such last-mentioned Notice, when the Principal Money secured by any such Debenture shall be paid or payable, having regard to the numerical Order in which the several Debentures for the District shall have been executed by the said Commissioners; and in such Notice the Debenture to become payable shall be described by the Name of such District in respect of the Works within which such Debenture shall have been so issued, and by the Number or other Mark fixed by said Commissioners on such Debenture; and it shall be lawful for the said Commissioners, at the Expiration of the Time in such Notice stated, to pay off the Monies due on account of any such Debenture mentioned in such Notice; and from and after the Expiration of the Time appointed by the said Notice the Interest on the Principal Monies secured by any such Debenture shall cease and determine.
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