| 1815.
CHAP. 209. |
LAWS OF MARYLAND.
prizes, if the same shall be demanded within twelve months after the
conclusion of such drawing; and that they will apply the amount raised
by such lottery or lotteries, after deducting all expenses and commissions
as aforesaid, to the deepening and walling up all that
part of Jones's Falls in the city of Baltimore that may be bounded
by public streets, and for conveying the stream of water passing
down Harford-street in said city to the basin, in a culvert or tunnel
below the surface of said street, to be equally divided for those
purposes; which bond shall be deposited in the office of the clerk
of
Baltimore county, and suits may be brought and prosecuted thereon,
at the instance and for the use of any person or persons interested,
in the same manner as suits are brought and prosecuted on
other bonds given to the state. |
|
_____ |
Passed Jan. 27, 1816. |
CHAP. CCX.
An Act to alter and change the name of Lewis Pinney, of the City
of
Baltimore, into the name of Lewis Lea.
Lib.
TH. No. 5, fol. 98. |
|
_____ |
Passed Jan. 29, 1816. |
CHAP. CCXI.
An Act to incorporate the President and Directors of the Ætna
Company.
Lib. TH. No. 5, fol. 99. |
| Stockholders incorporated. |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
Joseph Jamison, George C. Smith, Joshua Jones, John Brown,
Robert Fisher, John S. Smith, Robert Bigham and John K. Rowe,
and all other persons who may be from time to time stockholders
in said company, be and they are hereby created and declared to
be a body politic and corporate, by the name and style of The President
and Directors of the Ætna Company, and by that name and
under that style shall have succession during the continuance of
the present incorporation, and be authorised and be authorised to sue
and be sued, and
plead and be impleaded, as well in law as in equity; also to fix
upon, make, have and use, a common seal, liable to be changed or
altered at pleasure; and to ordain, constitute and establish, such
by-laws, rules and regulations, as shall from time to time seem
advisable and necessary for the better management and promotion
of the said company, not inconsistent with or contrary to this act,
or the constitution and laws of this state or the United States. |
| Capital. |
2. AND BE IT ENACTED, That the stock or capital
of said
company shall not exceed forty thousand dollars, and to consist of
sixteen shares only. |
Stockholders to be
directors. |
3. AND BE IT ENACTED, That the whole of the
stockholders
shall be directors, and be convened on the first Monday in February
in each and every year, at such time and place in the city of
Baltimore, as the president for the time being shall name and appoint. |
Entitled to one
vote only.
Proviso. |
4. AND BE IT ENACTED, That as well in the
choice of a president
from time to time, as in all other cases, each stockholder shall
be entitled to one vote only, to be given in such manner as the president
and directors shall prescribe; Provided nevertheless, that
none shall be stockholders but citizens of the United States, and
residents in the state of Maryland. |
| Dividends. |
5. AND BE IT ENACTED, That the president and
directors shall
have power to rent, lease or purchase, such ground and suitable
houses for the erection of works, a depot or ware-rooms for the |
|
 |
