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Provided always, and be it enacted, That in case any Person herein-before authorized to bring an Action upon a feigned Issue, and the Person against whom such Action might be brought, shall be desirous of submitting the Matter in dispute or difference to the Arbitration of any Arbitrator, or of any Arbitrators and Umpire, it shall be lawful for such Persons to submit such Matter in dispute accordingly, and such Submission shall be irrevocable, and the Decision thereupon shall be binding on both Parties, and be obeyed accordingly, and the Costs of such Arbitration shall abide the Event; and the Commissioners may require each of the Persons in difference upon any such Submission to Arbitration to give such Security for the Payment of the Costs of such Arbitration as the Commissioners shall think fit.
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