ROBERT BOWIE, ESQUIRE, GOVERNOR.
CHAP. C.
An Act to authorise a Lottery or Lotteries to raise a sum of money
for
the improvement of the Navigation of the River
Susquehanna. Lib.
JG. No. 4, fol. 693. |
1804.
CHAP. 100.
Passed Jan. 19, 1805. |
WHEREAS the canal on the river Susquehanna within
the state
of Maryland, in complete, and a good practicable navigation on the
bed of the river above the said canal to the town of Columbia is
made, excepting a distance of about eight miles, which cannot be
effected from the want of funds: And whereas it would add greatly
to
the wealth and trade of the state of Maryland were the said navigation
between the said canal and the said town of Columbia made
passable for boats, by drawing to the bay of Chesapeake the various
productions of the lands bordering on the waters of the river
Susquehanna; therefore, |
Preamble. |
2. BE IT ENACTED, by the General Assembly
of Maryland, That
General Samuel Smith, Gabriel Christie, Robert Gilmore, John Adlum,
Samuel Hughes, Mark Pringle and John Stump, (of Harford,)
or a majority of them, be and they are hereby appointed managers,
and are hereby authorised to propose, and carry into effect, a lottery
or lotteries for the purpose of raising a sum of money, not exceeding
fifty thousand dollars; and the same may be drawn at any
one time, or at different times, as the said managers may deem expedient;
Provided, that before a sale shall be made of any tickets
in virtue of this authority, the said managers who shall act in virtue
of this law, shall give bond to the state, in the penalty of one
hundred thousand dollars, for the faithful execution of the said trust,
and for the payment of the net proceeds, after payment of prizes
and the expenses of the said lottery or lotteries, into one of the banks
established in the city of Baltimore; and the bond which shall be
given by the said managers shall be lodged in Baltimore county
court, and there be recorded, and upon such bond, or an office copy
thereof, suit or suits may be entered against the obligors therein,
or any of them, or their or any of their legal representatives,
for any breach of, or noncompliance with, the condition of the same. |
Lottery or lotteries
authorised—
managers to give
bond.
|
3. AND BE IT ENACTED, That the net proceeds
of the said lottery
or lotteries, so to be deposited in one of the banks established
in the city of Baltimore, shall, within three months after the drawing
of the said lottery or lotteries, be transferred into the hands of
General Samuel Smith, Gabriel Christie, Robert Gilmore, John
Adlum, Samuel Hughes, Mark Pringle and John Stump, (of Harford,)
or any three of them, to be by them appropriated and laid
out in making a safe and easy channel down the river Susquehanna,
from the town of Columbia to the Maryland canal, and afterwards
in improving the bed of said river from the head of said canal
to tide water; Provided, that before the said General Samuel
Smith, Gabriel Christie, Robert Gilmore, John Adlum, Samuel
Hughes, Mark Pringle and John Stump, (of Harford,) or any
three of them, shall receive such transfer or transfers, of the net
proceeds of such lottery or lotteries, they shall give bond, in the
penal sum of one hundred thousand dollars, which said bond shall
be lodged in the office of Baltimore county court, to be there recorded
and safely kept, and which bond shall be conditioned to be
void if the said obligors shall faithfully apply the said money towards
opening a channel in the said river Susquehanna as aforesaid,
and to such further improvements as are directed herein. |
Proceeds to be
transferred to
managers.
Proviso. |
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