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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 869   View pdf image (33K)
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    1808.

CHAP. 111.

                                LAWS OF MARYLAND.

said commissioners, or a majority of them, shall be the site for the
said bridge; and the commissioners who shall act in pursuance of
this law, shall receive as a compensation for their trouble four dollars
per day, to be paid by the president and directors herein after
named.

    By 1815, ch. 123, the president and directors may change the site as fixed by
the commissioners.

Books to be opened
for raising a
capital stock.
    2.  AND BE IT ENACTED, that Samuel Briscoe, Thomas Kell, Joseph
Townsend, James Carroll and William Wilson, for the city
and county of Baltimore, and William Wilson, John Moores, Samuel
Richardson, Roger Boyce, Bennett Barnes and Samuel Jay, for 
Harford county, and James Sewell, Adam Whann, William Hollingsworth,
Henry W. Physic, Thomas W. Veazey and Thomas
Williams, for Cecil county, be and they are hereby appointed
commissioners (a), with full power and authority to open, or
cause to be opened, books for receiving and entering subscriptions
for raising a capital stock, not exceeding two hundred and fifty
thousand dollars (a), in shares of fifty dollars each, for the purpose 
of building a bridge over the river Susquehanna, at such
point on the said river as the commissioners herein before named
shall fix upon to be the site aforesaid.

    (a)  By 1815, ch. 123, other commissioners are appointed, and the capital reduced
to 150,000 dollars.

Where to be opened.     3.  AND BE IT ENACTED, That the commissioners aforesaid for
the city and county of baltimore, or any two of them, shall open
the said books in the city of Baltimore, at some convenient place
to be by them determined; and that the three first named commissioners
aforesaid, or a majority of them, for Harford county, shall 
open the like books at the town of Belle-Air; and the three last
named commissioners aforesaid, or a majority of them, shall open
the like books at Havre-de-Grace, in Harford county; and that the
three first named commissioners aforesaid, or a majority of them,
for Cecil county, shall open the like books at Elkton; and the
three last named commissioners aforesaid, or a majority of them,
shall open the like books at the Rising Sun, in the said county; the
times and manner of receiving and entering such subscriptions, to
be fixed upon by the said boards of commissioners in their respective
counties, and duly advertised in so many news-papers as they
may deem expedient, provided that the time to be fixed upon by
the said boards of commissioners for opening the said books shall
be on or before the first Monday in June next, or if the site for the
said bridge shall not have been fixed upon the said first day of
June, then within two months after the said site shall have been
fixed upon, and to continue the same by adjournments, in the same
manner as they shall deem proper, until the said capital stock shall
be subscribed for.
Proprietors incorporated.     4.  AND BE IT ENACTED, That whenever two (b) thousand shares
of the said stock shall be subscribed for, all persons who may then
be, or thereafter may become, the actual proprietors of shares in
the said capital stock, either as subscribers for the same, or as the
legal representatives, successors or assignees of such subscribers,
shall be and they are hereby made and created a body politic and
corporate, by the name and style of The President and Directors

    (b)  By 1815, ch. 123, whenever 1000 shares are subscribed, the company to be
incorporated.



 
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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 869   View pdf image (33K)   << PREVIOUS  NEXT >>


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