Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled., That the provision for giving bond and finding sufficient surety or sureties, for vessels bound on foreign voyages, as required in the second section of the act, entitled "An act to suspend the commercial intercourse between the United States and France, and the dependencies thereof," shall extend no further, than to obligations to the amount of the value of the vessels respectively, and to a sum in addition thereto equal to one third of the value of the cargo. Provided, that in no case the surety or sureties shall be answerable for more than ten thousand dollars, any thing in the act above mentioned to the contrary notwithstanding.
APPROVED, July 16, 1798.
Source: United States Statutes at Large |