| 1815.
CHAP. 75. |
LAWS OF MARYLAND.
clause, unless the contracting of any greater debts shall have been
previously authorised by a law of the state. In case of excess the
directors under whose administration it shall happen, shall be liable
for the same in their natural or private capacities, and an action
of debt may in such case be brought against them, or any of
them, or their heirs, executors or administrators, in any court of
record of this state, by any creditor or creditors of the said corporation,
and may be prosecuted to judgment and execution, any
condition, covenant or agreement, to the contrary notwithstanding;
but nothing herein contained shall be construed to exempt the said
corporation, or the lands, tenements, goods and chattels of the
same, from being also liable for and chargeable with the said excess;
and such of the said directors who may have been absent
when the said excess was created, or may have dissented from the
resolution or act whereby the same was created, may respectively
exonerate themselves from being so liable, by forthwith giving notice
of the fact, and of their absence or dissent to the governor of
the state, and to the stockholders at a general meeting, which they
shall have power to call for that purpose. |
Operations when
to commence. |
18. AND BE IT ENACTED, That upon the payment
of the second
instalment the president and directors may commence the operations
of the bank, and such shares as remain unsubscribed for, the
president and directors shall dispose of in such manner as they
deem most beneficial for the bank. |
| Tax to the state. |
19. AND BE IT ENACTED, That on the first day
of January
eighteen hundred and seventeen, and on the first day of January
in every year thereafter, the bank shall pay, or cause to be paid to
the treasurer of the western shore, the sum of twenty cents on
every hundred dollars of the capital stock thereof actually paid in. |
| Duration. |
20. AND BE IT ENACTED, That this act shall
continue in force
until the year eighteen hundred and thirty-five, and until the end
of the next session of the general assembly which shall happen
thereafter. |
|
_____
|
Passed Jan. 11, 1816. |
CHAP. LXXVI.
An Act to lay out and make public a Road in Allegany County.
Lib.
TH. No. 4, fol. 518. |
Commissioners appointed
to survey
and lay off a road.
Proviso. |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
John H. Bayard, James D. Cresap and John Templeman, be and
are hereby appointed commissioners, and they, or a majority of
them, are hereby authorised, at the expense of the petitioners, if
they shall consent thereto, or any person who may think proper to
contribute thereto, to survey, lay off and make public, a road not
exceeding thirty feet wise, clear of ditches, beginning at a point to
be fixed by the said commissioners on Beall-street in the town of
Cumberland, and running from thence to the lime-stone spring on
the bank of the river Potomac, and continuing as near the river
bank as the nature of the ground will admit of, until it intersects
the Cresapsburgh road near Valentine Hoffman's old dwelling; and
the said road, when so laid out and made passable for wagons and
other carriages, &c. a plat thereof made out and returned to the
clerk of Allegany county court, shall for ever be deemed a public
highway, and kept in repair as other public roads in said county
are; Provided, that the same shall not run through any garden,
yard, meadow or orchard, without the leave of the owner. |
|
 |
