| 1816.
CHAP. 22. |
LAWS OF MARYLAND.
hereby authorised to complete said assessment, and make return
thereof agreeably to the provisions of the forty-fifth section of the
before recited act, on or before the twentieth day of July next, or
at as early a day previous thereto as is practicable, or as they may
deem necessary, any law to the contrary notwithstanding. |
Commissioners for
Talbot. |
3. AND BE IT ENACTED, That Anthony Banning,
William H.
Tilghman, Thomas Stevens, John Edmondson, and Charles Gibson,
be and they are hereby created and appointed commissioners
of the tax for Talbot county, in place of the present board of commissioners,
whose power and authority as such, as hereby made
null and void; and the said Anthony Banning, William H. Tilghman,
Thomas Stevens, John Edmondson, and Charles Gibson, are
hereby authorised and empowered to carry into full effect and operation
all the provisions of this act, and the act of eighteen hundred
and twelve, entitled, An act for the valuation of real and personal
property in the several counties of this state. |
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|
Passed Dec. 17 |
CHAP. XXIII.
An Act to Incorporate the Independent Manufacturing Company of
Baltimore. Lib. TH. No. 5, fol. 161. |
| Stockholder incorporated |
Article 1. BE IT ENACTED, by the General
Assembly of Maryland,
That Joshua Stevenson, Thomas Owen, John McKinley, David
Polk, John Jordan, Thomas Nelson, James Blundin, Robert
Thompson, Edward Charsty, Richard Burnet, Andrew Ray, William
Boelhoevener and William West, together with all the stockholders,
and all such persons as may become stockholders in the
said company, be and are hereby created and declared a body politic
and corporate, by the name and style of The President and Directors
of the Independent Manufacturing Company of Baltimore,
and by that name and style shall, during the continuance of this act,
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,
a common seal, and the same to change and alter when and so often
as they shall think fit, and to ordain and establish such by laws, ordinances
and regulations, as shall appear necessary for conducting
the concerns of said company, not acting contrary to this act, or to
the constitution of the United States, or the state of Maryland. |
Capital—how to be
paid |
Article 2. AND BE IT ENACTED, That the capital
stock of the
company shall consist of twenty thousand dollars divided into
shares of ten dollars each, for the purpose of manufacturing cotton
and woollen goods; one fourth, or two dollars and fifty cents,
shall be paid to the directors for the time being, at the time of subscribing
for stock, and the remainder at such times as the directors
may think proper to appoint, not giving less than ten days
notice thereof in some of the newspapers printed in the city of
Baltimore. |
| May be increased. |
Article 3. The capital stock of the company
may be increased
from time to time by receiving subscriptions for additional shares,
not exceeding in the whole one hundred thousand dollars, to be
employed as herein before provided, including the amount already
subscribed for; and on every such increase of stock, the stockholders
of the company shall have a preference in subscribing for
such additional stock, to be apportioned among those who subscribe,
in case of an excess, in such manner as the directors by resolution, |
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