5. No. and amount of guarantee and fidelity policies in force in

Colony.

6. No. and amount of such new policies issued during year.

7. Premium income for year.

8. No. and amount of claims paid during year.

1. The denomination of money in the currency of Newfoundland shall be dollars and cents, in which currency the cent shall be the onehundredth part of a dollar. All accounts shall be kept, and all moneys paid and received in such currency: and in any statement as to money or money value, in any indictment or legal proceeding, the same shall be stated in such currency. No statement of account of any debt contracted within this Colony by parties resident within this Colony shall be binding or valid unless the same shall be rendered, stated or declared in dollars and cents.

2. The British sovereign, of the weight and fineness now prescribed by the laws of the United Kingdom shall be equal to and shall be a legal tender and pass current for four dollars and eighty-six cents and two thirds of a cent of the currency of Newfoundland, and a half-sovereign of proportionate weight and like fineness for one-half of the said sum.

3. The silver coins of the United Kingdom while lawfully current therein, shall pass current and be legal tender for sums in the currency of Newfoundland after the rate fixed, as aforesaid, for the gold coins of the United Kingdom, according to the proportion such silver coins bear to such gold coins.

4. The copper or bronze coins of the United Kingdom shall pass current and be legal tender in this Colony.

5. His Majesty may, by proclamation, from time to time fix the rates at which any foreign gold coins of the description, date, weight and

fineness, mentioned in such proclamation, shall pass current and be a legal tender in Newfoundland: Provided, that until it is otherwise ordered by any such proclamation, the Gold Eagle of the United States of America, coined after the 1st day of July, one thousand eight hundred and thirtyfour, and before the 1st day of January, one thousand eight hundred and fifty-two, or after the said last mentioned day, but while the standard of fineness for gold coins then fixed by the laws of the said United States remains unchanged, and weighing ten pennyweights, eighteen grains Troy weight, shall pass current and be a legal tender in Newfoundland for ten dollars, and the gold coins of the said United States being multiples and halves of the said Eagle and of like dates and proportionate weights, shall pass current and be a legal tender in Newfoundland for proportionate

sums.

6. The stamp of the year on any foreign coin made current by this Chapter or any proclamation issued under it, shall establish prima facie the fact of its having been coined in that year and the stamp of the country on any foreign coin shall establish prima facie the fact of its being the coinage of such country.

7. The gold, silver, copper or bronze coins which His Majesty may cause to be struck for circulation in Newfoundland shall pass current and be a legal tender in Newfoundland at the rates assigned to them, respectively, by His Majesty's Proclamation, the standard of fineness of such coins being the same as that now adopted for coins of the United Kingdom and their intrinsic value bearing the same proportion to their current value as coins of the United Kingdom bear to their current value.

8. All gold, silver, copper and bronze coins heretofore imported by the Governor in Council into this Colony shall pass current and be a legal tender under this Chapter at the rates expressed on the face of the said coins respectively.

9. All such silver coins aforesaid shall be a legal tender to the amount of ten dollars only, and such copper or bronze coins to the amount of twenty-five cents only in any one payment.

10. No other silver, copper or bronze coins than those aforesaid shall be a legal tender in Newfoundland.

11. No tender of payment in money in any gold, silver or copper coin, which has been defaced by stamping thereon any name or word,

whether such coin is or is not thereby diminished or lightened, shall be a legal tender.

12. Any person who shall falsely make or counterfeit any coin resembling, or apparently intended to resemble, or pass for any gold or sil•ver coin current under or by virtue of this Chapter or any proclamation thereunder, or who shall import into this Colony any such false or counterfeit coin, shall be guilty of felony and being convicted thereof shall be liable to be imprisoned, with hard labor, for any term not exceeding four years, and every such offence shall be deemed to be complete, although the coin so made or counterfeited shall not be in a fit state to be uttered or the counterfeiting thereof shall not be finished or perfected.

13. Any person who shall tender, utter or put off any such false or counterfeit coin, knowing the same to be false or counterfeit, shall be guilty of a misdemeanor, and being convicted thereof, shall be imprisoned, with hard labour, for any term not exceeding one year.

1. In this Chapter the expression "bank" shall mean any bank doing business in Newfoundland.

2. It shall not be lawful for any bank to issue, or re-issue, put into or return into circulation, make, draw or indorse any bill, bond, note, cheque or other instrument intended to circulate as money or to be used as a substitute for money, for any amount less than five dollars, under a penalty not exceeding four hundred dollars, which shall be recoverable with costs in any Court of summary jurisdiction.

3. The Governor in Council may permit any bank to issue or re-issue bills, notes, cheques or other instruments included in the provisions of the next preceding section of such description and to such amount as may be determined by Order in Council.

4. (1) Every person, except a bank, who issues or re-issues, makes, draws, or indorses, any bill, bond, note, cheque or other instrument intended to circulate as money, or to be used as a substitute for money for any amount whatsoever, shall incur a penalty not exceeding four hundred dollars, which shall be recoverable with costs in any Court of summary jurisdiction.

(2) The intention to pass any such instrument as money shall be presumed, if it is made for the payment of a less sum than twenty dollars, and is payable either in form or in fact to the bearer thereof, or at sight or on demand, or at less than thirty days thereafter, or is overdue, or is in any way calculated or designed for circulation or as a substitute for