| 1816.
CHAP. 259. |
LAWS OF MARYLAND.
Dorsey, James Carroll, William Gwynn and Richard Mackall, or
the survivors of them, be and the same are hereby appointed managers
of the said lotteries, and they, or a majority of them, shall
have power to adopt such schemes as to them, or a majority of
them, may appear proper, to sell the said tickets, and to superintend
the drawing of the said lotteries, and the payment of the
prizes thereof; that each of the said managers, before he takes
upon himself the management of the said lotteries, enter into a
bond to the state, with such security as the treasurer may approve,
in the sum of twenty thousand dollars, conditioned for the faithful
performance of his duty under this act, and for rendering a just
account of all their doings by virtue of this law, to the general assembly
of Maryland at the session thereof next after the drawing
of any of the said lotteries, or when otherwise called on by the
general assembly. |
To return to treasurer
an account
of tickets sold, &c.
* Ch. 79. |
3. AND BE IT ENACTED, That the said managers
shall once in
every six months, return to the treasurer of the western shore an
account of the tickets sold, and the monies received, and deposit
the same, when directed by the treasurer aforesaid, in such bank as
the said treasurer may direct, to the credit of the said mangers, to
be drawn only by them, after the drawing of the said lotteries respectively,
by checks signed by a majority of them, and the balance
remaining after the payment of all the expenses, to be paid to the
treasurer of the western shore, to be by him invested in the same
manner as the school fund is now directed to be invested by law,
and applied agreeably to the fourth section of an act, entitled, An
act to incorporate a company to make a turnpike road leading to
Cumberland, and for the extension of the charters of the several
banks in this state, and for other purposes, passed on the seventeenth
day of December, eighteen hundred and twelve*.
See Dec. 1813, ch. 122, s. 10. |
| Allowance to managers. |
4. AND BE IT ENACTED, That the said managers
shall be allowed
at the rate of six per cent. for the nett amount of all and
every sum of money by them paid in the treasury of the western
shore by virtue of this law, and that they, or a majority of them,
may appoint a clerk, removable at their pleasure, and allow the
said clerk a sum not exceeding two hundred dollars a year; that
the bond so as aforesaid to be executed, shall be recorded in the
clerk's office of the court of appeals for the western shore, and
that a suit may be instituted thereon by any person interested in
the faithful performance of the duties imposed by this act. |
Vacancies, how to
be supplied. |
5. AND BE IT ENACTED, That in case of the
removal from the
state, or the death, resignation, or insolvency of any of the said
managers for the time being, the governor, by and with the advice
and consent of the council for the time being, may appoint some
other fit and proper person in the place of such person so dying,
removing, resigning or becoming insolvent, and such person, before
he acts as manager, shall execute a bond in the manner prescribed
by this act, to be approved of, recorded, and sued on, as in
the manner herein before stated. |
| Prizes not claimed. |
6. AND BE IT ENACTED, That all prizes not
claimed in the said
lotteries, or either of them, within six months after the drawing
of the said lotteries respectively, shall be deemed and taken as
relinquished. |
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