| 1804.
CHAP. 37.
Passed Jan. 12, 1805. |
LAWS OF MARYLAND.
CHAP. XXXVII.
An Act to continue an act, entitled, An act to incorporate an Insurance
Company in Baltimore-Town, and another act, entitled,
A supplement
to an act, entitled, An act to incorporate an Insurance
Company
in Baltimore-Town, and for other purposes. Lib.
JG. No. 4,
fol. 565. |
| Preamble. |
WHEREAS the stockholders in the Baltimore insurance
company,
by their petition have represented to this general assembly, that
their charter of incorporation is about to expire, and pray a renewal
of the same; and the prayer of the said petitioners appearing
reasonable, therefore, |
Acts continued.
* Ch. 59.
† Ch. 65.
‡ Ch. 6. |
2. BE IT ENACTED, by the General Assembly
of Maryland, That
an act, entitled, An act to incorporate an insurance company in
Baltimore-town, passed at November session, seventeen hundred
and ninety-five, * and also another act, entitled, A supplement to
an act, entitled, An act to incorporate an insurance company in
Baltimore-town, passed at November session, seventeen hundred
and ninety-six, † be and the same are hereby continued until the first
day of February, eighteen hundred and twenty, and until the end
of the next session of assembly that may happen thereafter, except
so much of the aforesaid original act is altered and repealed by an
act, entitled, An act to repeal part of an act, entitled, An act to
incorporate an insurance company in Baltimore-town, and to enable
any one company, or stockholder in said company, to hold a
greater number of shares therein than by said act it is now permitted
any one company or person to hold, passed at November session,
seventeen hundred and ninety-eight, ‡ and also except the alteration
made by this act. |
Company may extend
insurances. |
3. AND BE IT ENACTED, That the said company
shall have power
to extend their insurances on one vessel or bottom to any amount,
not exceeding fifty thousand dollars, any thing in the said original
charter of incorporation to the contrary notwithstanding. |
And cover, by
their policy, all objects
of marine insurance. |
4. AND BE IT ENACTED, That it shall and may
be lawful for the
said company to cover, by their policy, all objects of marine insurance
whatsoever, any thing in the said original act of incorporation,
or the supplement thereto, to the contrary notwithstanding.
By 1807, ch. 70, The company may invest
their funds in shares of any chartered
bank or stock, &c. |
|
_____
|
Passed Jan. 12, 1805. |
CHAP. XXVIII.
An Act authorising a Lottery to raise a sum of money for opening
a
Road from Liberty-Town, in Frederick County, through
the main
square of New-Market to Hyatt's-Town, in Montgomery
County.
Lib. JG. No. 4, fol. 566. |
Scheme may be
proposed—bond to
be given. |
1. BE IT ENACTED, By the General Assembly
of Maryland, That it
shall and may be lawful for Nicholas Hall, James Wagers, Jacob
Grove, Henry Nelson, James Adams, Belt Brashear, Abraham
Crabster and Robert Cummings, or a majority of them, to propose
a scheme or schemes of a lottery for raising a sum of money, not
exceeding two thousand dollars, and to sell and dispose of the tickets
thereof; provided the said Nicholas Hall, James Wagers, Jacob
Grove, Henry Nelson, James Adams, Belt Brashear, Abraham
Crabster and Robert Cummings, or such majority of them as shall
undertake to act under this law, shall, before the sale or disposal |
|
 |
