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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 2049   View pdf image (33K)
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CHARLES RIDGELY, OF HAMPTON, ESQ. GOVERNOR.

                                     CHAP. LXIX.
An Act to confirm an act, entitled, An act to alter and change all and
    every part of the Constitution and Form of Government as relates to
    the Attorney-General. 
Lib. TH. No. 5, fol. 557.

    1817.

CHAP. 69.

Passed Jan. 28, 1818.

    BE IT ENACTED, by the General Assembly of Maryland, That 
an act passed at December session eighteen hundred sixteen*, entitled,
An act to alter and change all and every part of the constitution
and form of government as relates to the attorney-general,
shall be and the same is hereby confirmed.
Part of constitution
repealed.
*  Ch. 247.
                                            _____
 
                                        CHAP. LXX.
An Act to establish and incorporate the Patapsco Canal Company.
                                Lib. TH. No. 5, fol. 558.

Passed Jan. 29, 1818.
    1.  BE IT ENACTED, by the General Assembly of Maryland, That 
John Donnell, Roswell S. Colt, Jeremiah Sullivan, Richard Caton,
Solomon Etting, James Ellicott, John McHenry, James Carroll,
John Hoffman, Isaac McKim, Alexander McDonald, Isaac Phillips,
William H. Winder, William Lorman, Robert G. Harper and
John E. Howard, junior, or such of them as will consent to act, be
and they are hereby appointed commissioners, and they, or a majority
of them, are hereby authorised and empowered, to open subscriptions
on the first Monday in May next, in the city of Baltimore,
for stock not exceeding one million of dollars, in shares of
one hundred dollars, for the purpose of making a canal from such
point on Patapsco river, above tide water, as may be deemed most
advantageous to the city of Baltimore; and that said commissioners
give twenty days notice in the newspapers published in Baltimore
previous to the said first Monday of May, of the place where such
subscriptions will be received.
Subscriptions for
stock.
    2.  AND BE IT ENACTED, That all individuals and bodies politic
and corporate, be and they are hereby authorised and empowered to
subscribe for such amount of said stock as they may think proper.
Individuals and
bodies politic authorised

to subscribe.
    3.  AND BE IT ENACTED, That the said commissioners shall keep
the said subscription open on the day which may be appointed as
herein before directed, from ten o'clock in the morning till three
o'clock in the afternoon, and in the same manner between the same
hours in the two ensuing days.
Subscriptions to be
kept open two
days.
    4.  AND BE IT ENACTED, That every subscriber at the time of
subscribing shall pay to the said commissioners on each share subscribed,
the sum of two and an half dollars, for which the said commissioners
shall give a certificate as the evidence of such subscription
and payment.
Sum to be paid on
subscribing.
    5.  AND BE IT ENACTED, That if at the conclusion of the third
day of subscription there shall have been a greater sum subscribed
for than one million of dollars, that the commissioners shall, as soon
thereafter as may be, proceed to reduce the number of shares, in
the same manner and on the same principles as are prescribed for
the reduction of shares by the act†, entitled, An act to establish a
bank in the city of Baltimore to be called The City Bank of Baltimore;
and if the sum of one million of dollars should not be then
subscribed, the said commissioners may continue the subscription,
in the same manner, from day to day, so long as they may deem
it useful and advisable.
Reduction of
shares.




†  Nov. 1812, ch. 180.


 
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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 2049   View pdf image (33K)   << PREVIOUS  NEXT >>


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