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An Ordinance concerning the value of contracts, where the consideration was Confederate bonds or currency, and for the purchase of slaves. 1868 185 (1868.07)

handle is hein.slavery/ssactsal0676 and id is 1 raw text is: 188

SEC. 12. .Be it further ordained, That the Genral Amendments,
Assembly shall, after its first session, have power at any &o.
time to alter, amend or repeal this ordinance.
Passed, December 6, 1867.
No. 37.]         AN ORDINANCE.
Declaring the war debt of Alabama void.
Be it ordained by the peaple of the State of Alabama in
Convention  assembled, That all debts and  liabilities
created by this State in aid of the late rebellion, directly Debts void.
or indirectly, are hereby declared null and void, and the
General Assembly of this State, or any department
thereof, shall have no authority to assume or provide
for the payment of any portion of said debts, nor shall
the General Asspmbly of this State have authority to
assume or provide for the payment of any portion of
the debts contracted or incurred, directly or indirectly,
by the so-called Confederate States, its agents, or by
its authority.
Passed, December 6, 1867.
No. 38.]         AN ORDINANCE
Concerning the value of contracts, where the considera-
tion was Confederate bonds or curricy, and for the
purchase of slaves.
SECTION 1. Be it ordained by the people of the State
of Alabama in Convention assembled, That all contracts
for the sale of land which are incomplete by reason of  Contracts
the purchase money being unpaid, or the title, deeds void.
and conveyances being unexecuted, and which sale took
place between the Ith day of January, IS61, and the
9th day of May, 1865, unless paid for, or contracted to
be paid for in the legal currency of the United States,
or property, other than slaves, are hereby declared null
and void, at the option of the parties, or either of them;
Provided, That subsequent purchasers shall not beProviso.
affected by the provisions of this section.

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