 (Province of) Maryland. 1733. Uncut Pane of Five One Shilling and Six Pence Notes with Stubs. Unsigned and unnumbered. Printed on a folded sheet with five impressions arranged vertically. The pane printed on laid paper, each impression with watermarked scroll work and 'MARYLAND'. Maryland Arms at the upper left, ornate left indent with a stub book receipt attached. Choice About Uncirculated. Light aging around the edges and a nick on the left side of the wide top margin.
The individual remainder bills from this Act are fairly available and are the remnants of an interesting fiscal policy that the province of Maryland was attempting to accomplish. The Assembly at Annapolis, in session March 13, 1732/33, authorized 90,000 Pounds Sterling of these indented bills. The colony attempted to create a loan office which was to operate until 1764 and used funds to purchase Bank of England stock. The ''New Bills'' (like the issues of 1748 and 1751 written dates) were given to farmers at 30 Shillings per 150 pounds of tobacco brought in for destruction to prevent depressing the market. This was required of every taxable farmer. The notes themselves were engraved in England on this fine laid and watermarked paper.
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