| 1817.
CHAP. 151. |
LAWS OF MARYLAND.
as they may be from time to time called in by the directors of said
company, who shall give ten days notice requiring payment of said
instalments, in two or more newspapers printed in this state; and
in case any of the stockholders, or any of the original subscribers
to their articles of association, shall refuse, or shall have refused
to pay their respective instalments, as severally demanded, then and
in that case it shall and may be lawful for the said directors to
bring an action on the case against the parties delinquent, wherein
it shall be sufficient to declare for money had and received, and
give this act and the special matter in evidence; and in case the
amount due should be less than fifty dollars, the same may be recovered
as other debts of like amount are, and in both cases an
extract from the list of stockholders, under the seal of said corporation,
shall be prima facie evidence of subscription. |
| Dividends. |
5. AND BE IT ENACTED, That the directors shall
once in each
and every year, as soon after the receipt of their rents and profits
as may be, make and declare a dividend of their profits, which
shall be paid to the stockholders, their legal representatives or assigns. |
Treasurer to sign
all contracts, &c. |
6. AND BE IT ENACTED, That in all cases of
lease, demise or
contract, it shall and may be lawful for the treasurer to sign the
same with his proper name, and attach the seal of the corporation,
and the said instrument shall be as binding on said company, and
as available in law, as if the same had been done by the directors;
and in any case where it may be necessary to make distress for any
rent arrear, the treasurer for the time being shall ex officio be
bailiff of said corporation for such purpose, with full power and
authority, in the name of the Havre-de-Grace Ferry Company, to
do all acts necessary under such distress. |
Capital only answerable
for demands. |
7. AND BE IT ENACTED, That no subscriber or
stockholder, or
member of said company, shall be answerable in his person or individual
property for any contract or engagement of said company,
for any losses, deficiencies or failures, of the capital stock of said
company, but the whole of said capital stock, together with all property,
rights and credits, belonging to said institution, and nothing
more, shall at all times be answerable for the demands against said
company. |
Property declared
personal. |
8. AND BE IT ENACTED, That the interests or
rights the several
and respective members of said corporation may have to the property
thereof, shall be deemed and taken to be personal property,
and shall be transferrable and go in distribution as such. |
| Transfers. |
9. AND BE IT ENACTED, That transfers of stock
shall be made
in person or by attorney on the books of the company. |
|
_____
|
Passed Feb. 11, 1818. |
CHAP. CLII.
An Act to authorise the building of a Bridge over the River Patapsco
at the place called Hammond's Ferry. Lib.
TH. No. 6, fol. 77. |
Bridge may be
erected—Tolls. |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
Margaret Hammond, Harriet Hammond, and Samuel J. Donaldson,
of the city of Baltimore, their heirs or assigns, shall have full power
and authority, at any time within five years hereafter, to build and
erect, at their private expense, a bridge over the Patapsco river at
a place commonly called Hammond's Ferry, which bridge, when
erected, shall be of sufficient width for all carriages to pass and repass |
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