| CHARLES RIDGELY, OF HAMPTON, ESQ. GOVERNOR.
of the payments so required in two of the newspapers of the
city of Baltimore, and in one of the newspapers in Frederick-town
and Hager's town. |
1815.
CHAP. 125. |
3. AND BE IT ENACTED, That the said president
and mangers
shall procure certificates for all the shares of stock subscribed as
aforesaid, and shall deliver one such certificate, signed by the president
and countersigned by the treasurer, and sealed with the
common seal of the said company, to each person for every share
by him or her subscribed and held, he or she having paid to the
persons authorised to receive the same, twenty dollars for each
share, and the said shares shall be transferrable in the same manner
as stock created under the act to which this is a supplement;
and the said subscribers, and their assignees, upon complying with
the requisites of this act, shall become members of the said corporation,
and shall be entitled to the same immunities and privileges
as the holders of stock under the act to which this is a supplement. |
Certificates of
stock. |
4. AND BE IT ENACTED, That if any stockholder
shall neglect
to pay the instalments due on his shares for the space of thirty
days after the time appointed by the said president and managers
for the payment thereof, every such stockholder, his or their assignee,
shall in addition to the payments so called for, pay at the
rate of five per cent. per month for delay of such payment, and
if
the same, and the said additional penalty, shall remain unpaid for
such space of time as that the accumulated penalties shall become
equal to the sums before paid in part on account of such share or
shares, the same shall be forfeited to the said company, and may
and shall be sold and assigned by the president and managers of the
said company to any person willing to purchase the same, for such
price as can be obtained for the same, and the purchaser or purchasers
aforesaid shall have all the benefit and advantage of such
assignment and purchase, as if he, she or they, had been an original
stockholder or stockholders. |
Defaulters. |
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|
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CHAP. CXXVI.
A Supplement to the act* entitled, An act to authorise and empower
the Levy Court of Charles County to assess and levy
a sum of money
on the assessable property thereof for the purpose of
building a
Gaol in said County. Lib. TH. No. 4, fol.
623. |
Passed Jan. 22, 1810.
* 1811, ch. 55. |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
the commissioners appointed by the act to which this is a supplement,
or a majority of them, shall be and they are hereby authorised
and required, to collect immediately all such sum or sums of
money as are or were raised or levied under the provisions of the
aforesaid act, and such sum or sums, when so collected, shall be
applied to the building of a court-house, which shall be erected
on the public ground in Charles-town, commonly called Port Tobacco,
in Charles county, and when erected, finished and completed,
shall be used, held, taken and deemed to be the proper court-house
of Charles county.
By 1818, ch. 5, an additional sum to be levied, &c. |
Money to be collected
and applied. |
2. AND BE IT ENACTED, That the said commissioners
are hereby
empowered and directed to proceed as soon as practicable, in
the accomplishment of this work, and they are hereby vested with
all powers necessary for this purpose. |
Work to be proceeded
with. |
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