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A District taken from the County of Louth, and annexed to Drogheda, under the Corporation Acts, shall be exempted and exonerated from the former Debts due by Drogheda.
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VIII. ‘And whereas under the Provisions of the said recited Acts of the Session held in the Third and Fourth Years of the Reign of Her present Majesty a certain Place or District, being before the passing of the said Act Part of the County of Louth, is locally situate and included within the Boundaries of the Borough of Drogheda as defined under the said recited Acts, and by reason thereof the said Place or District became and is deemed and taken to be Part of the County of the Town of Drogheda, and of no other County, and by reason thereof became and is liable to contribute to the Payment of a Proportion of Debts due and Instalments or Annuity payable by the said County of the Town of Drogheda to Her Majesty’s Exchequer, for Advances of Money theretofore made to the said County of the Town of Drogheda, and to the Payment of a Proportion of Sums to be assessed by the Award of a Barrister on the said County of the Town of Drogheda, and on the Precincts of the same, under the Provisions of the said recited Acts of the Sixth and Seventh Years of the Reign of Her present Majesty: And whereas it is just that the said Place or District so taken from the County of Louth, and annexed to the Borough of Drogheda, should be exonerated from the Payment of such Debts and Instalments, Annuity, or Sums of Money so due and payable for Sums advanced before such Annexation as aforesaid;’ be it therefore enacted, That the said Place or District so taken from the County of Louth, and annexed to the said Borough of Drogheda, shall be exempt and exonerated from the Payment of any Proportion of such last-mentioned Debts, Instalments, Annuity, or Sums of Money, and that the Amount of the Assessments for the same from Time to Time to be made, from which the said Place or District is hereby exempted and exonerated, shall be from Time to Time assessed upon and levied from the remaining Portion of the Borough of Drogheda.
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