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EDWARD LLOYD, ESQUIRE, GOVERNOR.
6. AND BE IT ENACTED, That the person making
an election to
take any part of the estate at the valuation of the commissioners,
at the time of making the election, shall severally give bond (a),
with two or more sufficient securities, to be approved by the court
in which the proceedings shall be had, to the other person or persons
entitled to the said estate, for their several proportions of the
sum of money at which said part is valued, which bonds shall bear
interest from the date of the said election, and shall be made payable
in such instalments as the court shall direct, and which bonds
shall be and remain a lien on the lands for the purchase of which
they were given, until the said bonds shall be wholly paid.
(a) See note (f) under 1802,
ch. 94, section 2, and the act 1815, ch. 205. |
NOV. 1809.
CHAP. 160.
Person making
election to give
bond to others entitled
for their
share. |
7. AND BE IT ENACTED, That if all the parties
of age, and entitled
to elect to take any part into which the estate may have been
divided by the commissioners, at the valuation thereof, shall refuse
to take the same at such valuation, the estate shall be sold by the
commissioners, according to the provisions of the said act of assembly*,
entitled, An act to regulate descents, and the several supplements
thereto. |
If all parties of
age refuse to elect,
estate to be sold.
* 1786, ch. 45. |
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CHAP. CLXI.
A Supplement to an act †, entitled, An act for opening a
certain Road
in Baltimore County therein mentioned. Lib.
TH. No. 2, fol.
377.
This act repealed by 1816, ch. 115. |
Passed Jan. 6, 1810
† 1808, ch. 94. |
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CHAP. CLXII.
An Act for the relief of Doctor Robert Moore, of Talbot County.
Lib. TH. No. 2, fol. 378. A Private Act. |
Passed Jan. 6, 1810. |
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CHAP. CLXIII.
An Act to incorporate the Washington Cotton Manufacturing Company
of the
City of Baltimore. Lib. TH. No. 2, fol. 379.
A Supplement, December 1813, ch. 86. |
Passed Jan. 7, 1810. |
WHEREAS it is represented to this general assembly,
by the petition
and memorial of the president and directors of the Washington
Cotton Manufacturing Company, that the stockholders of said
company have by their subscriptions raised a capital, and have established
a cotton manufactory on Jones's Falls, in Baltimore county,
for the purpose of manufacturing necessary articles, which have
hitherto been imported from foreign countries; and the president
and directors aforesaid having by their said memorial petitioned this
general assembly for an act of incorporation in favour of the said
company, and this general assembly, desirous of promoting the
laudable exertions of its citizens in establishing manufactories in
this state, yielding to the prayer of the said petition, therefore, |
Preamble. |
2. BE IT ENACTED, by the General Assembly
of Maryland, That
John Davis, John Hagerty, Moses Hand, William Edwards and
Isaac Burniston, together with all the stockholders, and all such
persons as may become stockholders in the said company, be and
are hereby created and declared one body politic and corporate, by
the name and style of The Washington Cotton Manufacturing Company,
and by the same name and style shall have succession, and
be able to sue and be sued, implead and be impleaded, in any court
of law or equity, and to make, have and use, one common seal, and |
Stockholders incorporated. |
VOL. II.
40
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