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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 174   View pdf image (33K)
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174

In force.

LAWS OF MARYLAND.

SEC. 3. And be it enacted, That this act shall take
effect from the date of its approval.

Approved March 23, 1876.

 

CHAPTER 116.

AN ACT supplement to an act passed at January
session eighteen hundred and fifty-two, entitled
"An act to incorporate the Santa Clara Mining
Association of Baltimore, " authorizing said asso-
ciation to make and enforce payment of all calls
or assessments upon its capital stock, heretofore
made or hereafter to be made.

Preamble.

WHEREAS, it hath been represented to the General
Assembly of Maryland that it hath been heretofore
necessary for the Santa Clara Mining Association of
Baltimore to call upon the stockholders for the pur-
pose of obtaining the means necessary to free it from
debts, and that other calls or assessment may become
necessary in the further prosecution of the purpose
and business for which said association was chartered
and organized, therefore,

Authorized to
make addit'n-
al assessments

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the President and Board of Direc-
tors of the Santa Clara Mining Association of Balti-
more be and they are hereby authorized and empow-
ered to make calls or assessments additional to any
heretofore made upon the capital stock to an amount
not exceeding the sum of three dollars per share,
over and above all previous calls or assessments, and
to provide for the time and manner in which the
same and any heretofore made shall be payable, and
any call or assessment heretofore made, is hereby
validated:

Shall be liens.

SEC. 2. And be it further enacted, That any calls
or assessments heretofore made or hereafter to be
made, shall be and continue liens upon the shares
respectively on which they shall be payable until



 
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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 174   View pdf image (33K)
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