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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 2325   View pdf image (33K)
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    1818.

CHAP. 185.

                                LAWS OF MARYLAND.

case of any difference of opinion, the award of whom shall be binding
upon both parties, and effectual in law; and such purchaser or
purchasers, so advertising as aforesaid, shall lodge with the clerk
of Allegany county, notification or advertisement as aforesaid, together
with the affidavit of the printers, whose duty it shall be to
record the same, which said record shall be good and sufficient
evidence that the provisions of this law have been complied with.

Collector of Allegany
to publish
nonresidents land
in newspapers,
&c.
    2.  AND BE IT ENACTED, That from and after the passage of this
act, it shall be the duty of the collector of the county of Allegany,
to comply with the requisition of the commissioners of the tax, by
publishing nonresidents land in the different newspapers as by
them directed, and it shall be his duty to produce to the clerk of
said county court, either the different newspapers in which he was
directed to publish the same, or the affidavit of each of the different
printers, previous to the day of sale, and it shall be the duty of the
clerk to make a record of the same, which record shall be sufficient
evidence in all future cases to give title to the purchaser or purchasers,
any thing to the contrary notwithstanding.
                                            _____
 

Passed Feb. 16, 1819.
                                  CHAP. CLXXXVI.
An Act to establish a Bank, and incorporate a Company, by the name
    of the North and South Branch Bank of Potomac, at Old-Town,
    Allegany County. 
Lib. TH. No. 6, fol. 398.
Bank to be established
at Old-town.
    1.  BE IT ENACTED, by the General Assembly of Maryland, That 
a bank, to be called and known by the name of the North and
South Branch Bank of Potomac, shall be established at Old-town,
in Allegany county, the capital stock of which shall consist of two
hundred and fifty thousand dollars, money of the United States, to
be divided into shares of fifty dollars each.
Books for subscription
of stock to be
opened.
    2.  AND BE IT ENACTED, That books for the subscription of said
stock shall be opened at Old-town, and the town of Cumberland,
by the commissioners hereafter names, or a majority of them, on
the first Monday of April next; and the commissioners who shall
meet on the day so appointed for receiving the said subscriptions,
shall cause the said books to be opened at the place or places agreed
upon, at ten o'clock in the morning, and continue the same open until
five o'clock in the afternoon; and if the subscriptions shall exceed
the number of shares as above, then the said commissioners are
hereby authorised so to apportion the shares subscribed among the
several subscribers, as may reduce the whole to the number to be
subscribed for; but if the said subscriptions shall not be filled up 
on the first day, the said commissioners shall have power to adjourn
from day to day until the whole number of shares shall be
subscribed for; and at any time after the first day, when the said
subscriptions shall be complete, it shall be the duty of the said
commissioners immediately to close the books, and those only who
have actually subscribed previous thereto, shall be entitled to the
said stock; and it shall be the duty of James M. Cresap, Thomas
Greenwell, Lenox Martin, George Robinett, Jacob Lantz, (of Old-town,)
and Wm. McMahon, George McCulloh, Thomas Thistle,
John Burbridge, and Wm. Hoblitzell, (of Cumberland,) or a majority
of them, to conduct every operation of the proposed institution,
until they shall be superseded by the appointment of directors.


 
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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 2325   View pdf image (33K)   << PREVIOUS  NEXT >>


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