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Early Paper Money of America / Rhode Island / 1776 January 15

£40,000 Lawful Money in legal tender Bills of Credit due Jan. 15, 1781 without interest. Issued pursuant to the Jan. 15, 1776 Act to replace interest bearing issues of May 3, 1775, June 16, 1775 and June 29, 1775. Same form as the May 3, 1775 issue. Bills of 10s and over were called for redemption by Nov. 1, 1778 pursuant to the Oct. 1777 Act. Signers were Welcome Arnold, Joseph Clarke, John Cole, James Congdon III, John Dexter, Thomas Green, and John G. Wanton. Three signers on the 5s and higher, while two signers on others.
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