| 1789.
CHAP.
IX. |
LAWS of MARYLAND.
now depending in the general court for the western shore, for a tract
of land
called Deep Point, wherein the said Philip Hall is defendant, be determined. |
Passed December
19. |
CHAP. X.
An ACT for the benefit of Samuel Chase, of Baltimore-town. |
| Preamble. |
WHEREAS the said Samuel Chase, by his memorial to
this general
assembly, hath set forth, that he, in company with John and Thomas
Dorsey, and in company with John and Thomas Dorsey and
Luke Wheeler, became very largely indebted by bond and otherwise to the
state
and private creditors; that the property belonging to the said two companies
will pay but a very small part of their debts; that the said John Dorsey
and
Luke Wheeler are insolvent; that the far greater part of the said debts
hath
been paid, or secured to be paid, by the said Thomas Dorsey; that he is
indebted,
on his own account and private credit, in considerable sums of money, and
that
all his property is greatly insufficient to discharge his private debts,
and also what
he is liable to pay of the said partnership debts; that he is desirous
of paying his
private debts, and also as much of the debts of the said companies as his
present
circumstances and ability will permit, and for that purpose, that he hath
proposed to Thomas Dorsey (the only solvent partner in the said two companies)
to convey to him, his heirs and assigns, all his right, title and claim,
to all
property belonging to the said two partnerships, and also all his right
and title
to an undivided eighth part or share of certain confiscated British property,
known by the name of the Nottingham Forges, and White Marsh Furnace,
consisting of three thousand eight hundred and seventy and an half acres
of land,
sixth negro slaves, some teams, coal-waggons and horses, and household
furniture,
and three hundred and forty-eight acres of land, part of a tract of land
called Darnall's Camp, bought by the memorialist of the state, in partnership
with captain Charles Ridgely and six other persons, and paid for by the
memorialist,
and of all the increase of the said negroes and stock, and all profits
arising from the said purchase, since the time of making the same, subject
nevertheless
to the claim of the state against the said two companies, or either
of
them, and that thereupon, and thereafter, he should by law be for ever
acquitted
and discharged from all debts due, or contracted, and all covenants
and agreements
made by him on account of either of the said partnerships, and that the
said Thomas Dorsey hath given his approbation of, and consent to, this
proposal;
that after conveyance to the said Thomas Dorsey of the said forge, furnace,
lands, negroes and stock, with their increase and profits, the residue
of
his property will not be sufficient to discharge his private debts; and
prayed that
a law may pass, that on his making such conveyance of the said property
belonging
to the said two partnerships, and also of his private property above mentioned,
to the said Thomas Dorsey, his heirs and assigns, that he shall for ever
thereafter be acquitted and discharged from all debts heretofore due, or
contracted
by him and the said Thomas and John Dorsey, or by him and the said John
and
Thomas Dorsey and Luke Wheeler, and from all covenants and agreements
made by him on account of the said partnerships: And whereas the
facts in the
said memorial appear to be true, and that the said Thomas Dorsey, mentioned
in the said memorial, hath given his approbation and consent in writing,
that a
law should pass according to the prayer in the said memorial; and the said
Samuel Chase hath made it appear to this general assembly on oath, that
his property,
after conveyance of his private property above mentioned to the said
Thomas Dorsey, is insufficient to pay his private debts: And whereas
it is
thought by this general assembly reasonable and proper to grant the prayer
of
the said memorial; |
S. Chase, on
conveying
certain property,
discharged
from
partnership
debts, &c. |
II. Be it enacted,
by the General Assembly of Maryland, That if the said
Samuel Chase shall, on or before the first day of January next, make a
conveyance
to the said Thomas Dorsey, and his heirs and assigns, in trust, for
the
benefit of the creditors of the said two co-partnerships, in manner hereafter
directed,
of all the right, title and claim, of the said Samuel Chase, in law or
equity, to all property, real, personal or mixed, belonging to the said
Samuel |
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