| CHARLES RIDGELY, OF HAMPTON, ESQ. GOVERNOR.
to draw the lottery in said act authorised, are dead, some
have removed, and others refuse to act as managers; |
1817.
CHAP. 31. |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
John T. H. Worthington, Benjamin Johns, John G. Walker, James
Sterrett and Stephen H. Moore, be and they are hereby appointed
managers of said lottery, in place of the persons named in the original
act, and are invested with all the powers, and subject to all
obligations, as the managers in the original act aforesaid, as granted,
created and imposed, by said original act. |
New managers appointed. |
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|
|
CHAP. XXXII.
An act for the benefit of Susanna Ireland, of the City of Baltimore.
Lib. TH. No. 5, fol. 514. A Private Act. |
Passed Dec. 17, 1817. |
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|
|
CHAP. XXXIII.
An Act for the Improvement of the Baltimore Museum. Lib.
TH.
No. 5, fol. 514. |
Passed Dec. 18, 1817. |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
James Mosher, John McKim, junior, Robert Carey Long, Alexander
Fridge, and Henry Robinson, are hereby appointed trustees
of the Baltimore Museum, and they, or any two of them, are hereby
authorised to receive subscriptions of stock, to an amount not
exceeding twenty thousand dollars, in shares of one hundred dollars
each, to be by them applied to the payment of the charges and
expenses which have been or may be incurred in building, furnishing
and improving, the museum lately erected, and partly furnished
by Rembrandt Peale, in the city of Baltimore. |
Trustees appointed
to receive subscriptions. |
2. AND BE IT ENACTED, That it shall be made
a condition of
the said subscriptions for stock, that the same shall be redeemable
by the said Rembrandt Peale, or his assigns, at any time after the
expiration of eight years, by paying to each stockholder, or his
assigns, the sum of one hundred dollars for each share of stock so
subscribed and paid for, together with all dividends which shall be
due thereon, pursuant to this act; and a certificate, signed by the
said trustees, or some two of them, shall be delivered to each stockholder
for each share of stock he shall subscribe and pay for; and
the said shares of stock shall be transferrable by the stockholders,
in person, or by attorney, on a book to be kept by the aforesaid
trustees, or the survivors or survivor of them for that purpose. |
To be redeemed
by Rembrandt
Peale. |
3. AND BE IT ENACTED, That a semi-annual dividend
of the
receipts and profits of the said museum, to the amount and not exceeding
eight per centum per annum, shall be made by the said
trustees, and paid to the stockholders in the first week of January
and the first week in July in each and every year, until the said
stock shall be redeemed as before provided; and the residue of the
receipts and profits of the said museum shall be paid to the aforesaid
Rembrandt Peale, or his assigns. |
Dividends to be
made half yearly. |
4. AND BE IT ENACTED, That before the said
trustees shall proceed
to pay or apply the amount which they shall receive for subscriptions
of stock as herein before authorised, the said Rembrandt
Peale shall convey and assign, or cause to be conveyed and assigned
to them, the house erected by him for the museum as aforesaid,
the lease or term of years in the lot on which the same is
erected, and the paintings, curiosities, natural and artificial, therein, |
Before payment
to R. Peale he is
to convey house,
&c. |
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