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Session Laws, 1821
Volume 626, Page 29   View pdf image
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SAMUEL SPRIGG, ESQ. GOVERNOR.

29

dependent board of commissioners of the school fund for Harford
county, in lieu of the persons heretofore appointed; which commis-
sioners herein named shall have and exercise all the power and au-
thorities vested in the commissioners for Harford county, by the
act to which this is a further supplement; and they may supply all
vacancies happening in their board, always having regard to the
district in which such vacancy may happen, so that there shall al-
ways be two commissioners for each election district; and that they
shall annually meet at Belle-Air on the first Tuesday in May, and
make such adjournments from time to time, as they shall deem ne-
cessary for the transaction of their business.

Dec. Ses. 1821.

2. And be it enacted, That the said commissioners be, and
they are hereby authorised and required to call on the treasurer of
the Western Shore of Maryland, from time to time, who is hereby
authorised and required to pay over the money and transfer the
stock appropriated to said county, to the said commissioners, their
successors or their authorised agent, to be appropriated by the com-
missioners, as is directed by the act to which this is a further sup-
plement.

May ca1l for &
receive money.

3. And be it enacted, That any law inconsistent with the pro-
visions of this act, be, and the same is hereby repealed.

Repeal.

CHAPTER 51.

An act for the Improvement of the Navigation of the River Susque-
hannah.
Whereas, It has been represented to the general assembly by
the citizens of Baltimore, that the improvement of the navigation
of the River Susquehannah is of great importance to the state of
Maryland, and would greatly increase the commerce of the city of
Baltimore,

Passed Jan. 15,
1822.

Preamble.

SEC. 1. BE it enacted By the General Assembly of Maryland, That
the Mayor and city council of Baltimore, be, and they are hereby
authorised and empowered to create a stock and issue certificates
therefor, to amount not exceeding fifty thousand dollars, the same
to be issued at such times and to such amount as the commissioners
hereinafter mentioned shall require and demand—the said stock to
bear an annual interest not exceeding six per cent. And the said
mayor and city council shall provide for the annual payment of the
interest on said stock, and for the redemption of the principal
thereof, at such times as the said mayor and city council may deem
proper, at any time after the expiration of fifteen years from the
issuing of said stock, and within the term of twenty years; and
for the punctual payment of the annual interest on the said stock,
the pledge and guarantee of this general assembly of Maryland is
hereby given.

Stock may be
issued—when
to be redeem-
ed.

2. And be it enacted, That Isaac M'Kim, John E. Howard,
Junr. Thomas Ellicott, Joseph W. Patterson and William H.
Winder, be, and they are hereby appointed commissioners; and
they are hereby empowered to call upon the said mayor and city
council, to issue to them and in their names, such amount of said
stock, and at such times as the said commissioners may require, not
exceeding five thousand dollars in any one year; which said stock
so issued shall be disposed of by the said commissioners in such
manner as will in their judgment be most judicious; and the said

Commission-
ers— issues of
stock—how to
be applied.



 
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Session Laws, 1821
Volume 626, Page 29   View pdf image
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