These were replaced, in 1755, by the " Lawful Money " issue.
2.
The " Colonial " issue of paper money was introduced in 1763, worth 1S ! times the Lawful Money notes.
3.
The Path Grant provides for a consideration " of the sum of ten thousand pounds lawful money of Great Britton ."
4.
Both Old and New Tenor notes were replaced in 1763 by " Lawful money " at a rate of 1 Lawful shilling = 6T!
5.
In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in gold or " lawful money ".
6.
In Bedminster Township for 1150 pounds of lawful money of Pennsylvania with a rent yearly forever of one pepper corn if the same shall be demanded, " is dated April 28, 1786.
7.
Present-day Federal Reserve Notes are not backed by convertibility to any specific commodity, but only by the legal requirement that they are issued against collateral and must be redeemable in lawful money.
8.
Hans-Werner Sinn, the President of the Ifo Institute for Economic Research criticized that ANFA allows states to print money in their own basement which is recognized as lawful money in other countries .
9.
A further issue of 1755, known as " Lawful Money ", replaced the Old and New Tenor issues at the rates of 1 Lawful Money shilling = 2.1 New Tenor shillings = 7.33 Old Tenor shillings.
10.
A further issue of 1755, known as " Lawful Money ", replaced the Old and New Tenor issues at the rates of 1 Lawful Money shilling = 2.1 New Tenor shillings = 7.33 Old Tenor shillings.
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