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Session Laws, 1822
Volume 627, Page 123   View pdf image
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LAWS OF MARYLAND.

 

CHAPTER. 108.

An act for the benefit of Thomas Aitkens, of Cecil county.
Be it enacted by the General Assembly of Maryland, That the jus-
tices of the levy court of Cecil county, be, and they are hereby em-
powered at their levy court annually, so long as they shall deem it
necessary, to levy such sum of money as they shall think just and
right for the support and maintenance of the said Thomas Aitkens,
and that the same be collected annually, as other county charges are,
and, when collected, shall be paid over to him, the said Thomas Ait-
kens, or his order, for the purpose aforesaid.

Dec Ses. 1822

Passed Feb
13, 1825.
Levy.

CHAPTER 199.

An act to incorporate a company in Baltimore county, by the name of
the Avalon Company.
Whereas it is represented to this General Assembly, by Jonathan
Ellicott, Elias Ellicott, George Ellicott, Benjamin Ellicott, Thomas
Ellicott and Charles T. Ellicott, (the infant son of James Ellicott) by
his guardian, Thomas Ellicott, and by the executors of Andrew Elli-
cott and the guardians of his children, that they are the proprietors
of certain tracts and parts of tracts of land, as joint and equal owners,
situated on and contiguous to the Patapsco Falls; that on the said
lands they have extensive water power, capable of being advantage-
ously used for various manufacturing purposes; that they have al-
ready erected thereon suitable buildings, and are prosecuting an
extensive manufactory of rolled and slit iron, and nails; and that they
are desirous of increasing their capital stock, for the purpose of ex-
tending their improvements.

Passed Feb.
18, 1823.

Preamble.

Section 1. Be it enacted by the General Assembly of Maryland, That
Jonathan Ellicott, Elias Ellicott, George Ellicott, Benjamin Ellicott,
Thomas Ellicott and Charles T. Ellicott (the infant son of James
Ellicott, deceased; and the children of Andrew Ellicott, deceased,
their associates, successors and assigns, be, and they are hereby
created a corporation and body politic, by the name and style of "the
Avalon Company, " and by that name shall have perpetual sucees-
sion, and be able and capable in law to sue and be sued, plead and
be impleaded, answer and be answered, in any court of law or equi-
ty, and to make and use a common seal, and the same to change and
alter at pleasure, to ordain and establish such by-laws and regulations
as shall be necessary or convenient for conducting the affairs of the
corporation, and not repugnant to law.

Incorporation

2. And be it enacted, That the objects of the said corporation are
declared to be the manufactoring of iron, and the carrying on of any
other branch of manufacture in their discretion, and the purchasing
and vending the raw material of which such manufactures shall be
made, and the manufactured goods; and they are hereby authorised
to purchase and hold lands in fee simple or otherwise, not exceeding
one thousand acres at a time, and to erect thereon all needful or con-
venient buildings; the capital stock of the said corporation to be in
the first instance ninety eight thousand dollars, divided into nine
hundred and eighty shares of one hundred dollars each, but in the
discretion of said company may be increased to five hundred thou-
sand dollars, divided into shares of one hundred dollars each, under
such regulations as the by-laws of the said corporation shall direct,
and all the shares of stock that shall or may be held or owned by
any members of the corporation, shall be deemed to be personal pro-

Object; capi-
tal stock.



 
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Session Laws, 1822
Volume 627, Page 123   View pdf image
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